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The Latest Breaking News from Hong Kong

Goodbye Chinatown by Kit Fan review – a chef’s elegy to London

Skipping between London, Shanghai and Hong Kong, this tale of family migration, politics and food has plenty of flavour and fire

The Guardian - UK

Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weigh

Chinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensions. China's second-quarter GDP figures are expected to show slower economic expansion. A large initial public offering is also draining market liquidity. Energy shares outperformed as oil prices…

The Economic Times

Hong Kongers spend record B8,500 per month on cats as 'silver' feline market grows

The amount that Hong Kongers spend on their pet cats has reached a record high of HK$2,062 (8,800 baht) per month this year, fuelled by a rapidly emerging "cat silver economy", according to a survey.

Bangkok Post

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Quote of the day by Bruce Lee: 'The more we value things, the less we...' Life lessons from inspiring quote on external possessions, opinions, inner peace, self-sufficiency and minimalism

Quote of the day by Bruce Lee reminds people that self-worth should never depend on possessions, wealth, or the approval of others. The famous quote encourages people to focus on personal growth, self-respect, inner peace, and discipline instead of material success. Bruce Lee believed that confidence comes from actions and…

The Economic Times

Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reports

Fast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion dollars in funds. The company's long-awaited entry into the public market has been greenlit by China's securities regulator. With a targeted valuation between forty and fifty billion dollars,…

The Economic Times

Business Brief (July 13): China to Cultivate Emerging Pillar Industries

China to phase down small coal-fired power units, Shein gets green light for Hong Kong IPO

Caixin Global

Shein scheduled for Hong Kong IPO hearing on Thursday

Fast-fashion retailer Shein is nearing its market debut. The company received approval from Chinese regulators for its Hong Kong IPO. Once Shein obtains clearance from the stock exchange, it can then proceed to conducting investor roadshows and launching bookbuilding for ‌the IPO.

The Economic Times

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Wai Ching Ho death: Hong Kong-born actor who played Madame Gao in Marvel’s Daredevil dies aged 82

Actor was known for her role as crime boss in Marvel’s Daredevil

The Independent UK

From finance to fame

Following her breakout performance as Avatar Kyoshi in Avatar: The Last Airbender, Canadian actress Yvonne Chapman has quickly emerged as one of the most compelling new Asian talents balancing international visibility with cultural depth and emotional nuance.

Bangkok Post

Youth suicides in Hong Kong hit 10-year high

Youth suicide cases confirmed by Hong Kong Coroner's Court reached a decade-high last year, despite a 10% overall decline across the population to 1,019.

Bangkok Post

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

They're not leaving the U.S. entirely, Citigroup's Darlene Patterson told Fortune. "They're just looking for more lifestyle enhancement, optionality."

Fortune

Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPO

Fast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced strict regulatory examination and backlash in the US and UK markets, it seeks to rebound. Currently, investors project its valuation could be between forty to fifty billion dollars. This…

The Economic Times

Thai authorities detain Canada-bound Hong Kong activist

Thai authorities have detained an activist wanted by Hong Kong authorities for national security violations just hours before she was to fly to Canada under a refugee resettlement agreement.

Bangkok Post

Brazil: Sao Paulo's AI surveillance system accused of racial profiling

Under the guise of fighting crime, Sao Paulo has rolled out the world's largest facial recognition system operated by a city. India, China, Hong Kong and the United Kingdom have introduced similar technologies under vague legal frameworks. But no city has embraced surveillance on the same scale as Sao Paulo,…

France 24

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Bangkok Post

HOT 70 debuts in Thailand with big battery, rugged build

Hong Kong-based tech brand Infinix has launched the HOT 70 in Thailand, a budget-friendly handset starting at 4,999 baht that pairs a 6,000 mAh battery and 45W fast charging with rugged build quality and unusually long software support for the entry-level segment.

Bangkok Post

Cathay Pacific aircraft's tail hit runway at Hong Kong airport, airline confirms

Cathay Pacific Airways has confirmed that the tail of a passenger aircraft struck the runway at Hong Kong airport last week, prompting the city's aviation regulator to order the airline to submit a report.

Bangkok Post

Dozens of Hong Kong flights cancelled as Typhoon Bavi nears Taiwan

Dozens of outbound flights from Hong Kong to Taiwan, mainland China and Japan originally scheduled for later this week have been cancelled due to Super Typhoon Bavi, with some local carriers offering special arrangements for affected passengers.

The Independent UK

Hong Kong eateries welcome dogs in a step to promote a pet-friendly society

Hong Kong has relaxed a decades-old rule, allowing dogs in over 900 approved restaurants

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The Guardian - UK

Racing warrior Rebel’s Romance continues world tour with Newmarket victory

From San Diego to Hong Kong, via Dubai, Saudi Arabia, Germany and Qatar the gelding keeps on winning

Evening Standard

London art gallery linked to Princess Eugenie cleared of breaching Russia sanctions

Hauser & Wirth has a showroom in Savile Row, Mayfair, and locations in New York, Los Angeles, Hong Kong, and Paris

The Economic Times

Apple supplier Luxshare drops 4% in Hong Kong debut

Shares in Chinese electronics manufacturer Luxshare dropped by more than four percent in its Hong Kong debut on Thursday, after raising around US$3.1 billion to become the finance hub's largest listing this year. Hong Kong stock exchange was abuzz with listing celebrations on Thursday, welcoming five other Chinese technology and…

Caixin Global

Business Brief (July 8): Asia Stocks Decline

China’s gold reserves rise for 20th consecutive month, PBOC to deepen Hong Kong’s bond, offshore yuan markets

The Economic Times

Cathay Pacific cuts fuel surcharges again as jet fuel prices ease

Cathay Pacific Airways will reduce fuel surcharges on most passenger flights starting July sixteenth. This marks the third reduction since the Middle East crisis began. Fuel surcharges for flights to North America and Europe will decrease by seventeen percent. Surcharges for flights to the South Asian subcontinent will also see…

The Economic Times

Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPO

Momenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5.89 billion in its initial public offering. Investor sentiment remains cautious despite strong cornerstone backing from major firms. The company plans to use IPO proceeds for research and expansion. Momenta's listing…

The Economic Times

Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets

Gold prices fell to a near-weekly low as U.S. strikes on Iran boosted oil and the dollar. Higher interest rate expectations are pressuring the non-yielding precious metal. China's central bank reported its largest monthly gold reserve increase in over two years. Hong Kong authorities unveiled measures to bolster currency and…

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