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The Latest Breaking News from Hong Kong

Hong Kong facing wave of restaurant closures

HONG KONG: Hong Kong is facing a wave of restaurant closures with landlords chasing about 8,000 businesses over unpaid rent, and the sudden collapse of a bakery chain signalling the first of such potential shutdowns.

Bangkok Post

Hong Kong actor apologises for praising British queen

Hong Kong (AFP) - A veteran Hong Kong opera star apologised and declared his patriotism on Thursday after his praise for Britain's late Queen Elizabeth II sparked a backlash among nationalists in China.

AFP

Malaysian firm makes surprise bid for Macau gaming licence

Hong Kong (AFP) - A company controlled by Malaysian tycoon and Genting chairman Lim Kok Thay has put in a bid for a casino licence in Macau, a surprise challenge to the decades-long oligopoly of the six incumbent operators.

AFP

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Asian stocks edge higher, with all eyes on Fed rate path

Hong Kong (AFP) - Asian stocks mostly edged higher on Thursday, tracking gains on Wall Street as markets adjusted following a rout this week on higher-than-expected US inflation data.

AFP

Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What's Weighing On Hong Kong Stocks Today

Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.

Benzinga

Enjoy the view: Hong Kong's Peak Tram reopens

After undergoing a massive facelift, Hong Kong's iconic Peak Tram has reopened to take travellers on a delightful journey to the Peak, where you can admire breathtaking views of Victoria Harbour and the skyline from 396m above sea level.

Bangkok Post

Property Downturn Undermines Onewo in Run-up to Hong Kong IPO

Key Takeaways: Property management firm Onewo, which is boasting high-tech elements, could become the largest IPO in Hong Kong this year Underperformance by its industry peers has undermined company’s chances of getting a strong valuation By Emily Chan

Benzinga

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Hong Kong 'to tighten rules' for issuing provisional vaccine passes to travellers

HONG KONG: Health authorities will tighten rules on issuing travellers provisional vaccine passes to enter most premises in a bid to plug any loopholes in Hong Kong's policies to combat the coronavirus, the Post has learned.

Bangkok Post

Asian stocks slump, tracking US losses after inflation report

Hong Kong (AFP) - Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.

AFP

Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny

Hong Kong (AFP) - Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.

AFP

Queen Elizabeth II's death is renewing interest in British memorabilia in Hong Kong

The death of Queen Elizabeth II has sparked a wave of nostalgia and renewed interest in British memorabilia in Hong Kong, where emotions still linger toward U.K. rule.

WEKU

Asian stocks slump at open, tracking US losses after inflation report

Hong Kong (AFP) - Asian markets opened lower on Wednesday, tracking losses in the United States and Europe after traders responded negatively to higher-than-expected US inflation data, raising fears of a prolonged period of interest rate hikes.

AFP

Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Benzinga

Queen's death renews interest in UK memorabilia in Hong Kong

The death of Queen Elizabeth II has sparked a wave of nostalgia and renewed interest in British memorabilia in Hong Kong, which for 156 years had lived under the British crown until its return to China in 1997

The Independent UK

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The Guardian - UK

Hong Kong residents queue for hours to pay tribute to Queen Elizabeth

British consulate in Hong Kong extends opening hours as thousands gather to remember ‘boss lady’

Benzinga

Neusoft Medical Sets Sights Again on HK IPO, With Business Risks in Focus

Key Takeaways: Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong

Al Jazeera

Hong Kong sees record for hottest day in September broken twice

Hong Kong recorded 35.4 degrees Celsius (95.7 Fahrenheit), the hottest September day since recording began in 1884.

AFP

Hong Kong September heat record broken twice

Hong Kong (AFP) - Hong Kong has broken two heat records for September in a little over a week, the city's weather observatory said Tuesday, as the crowded financial hub swelters through one of its hottest summers.

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AFP

Asian stocks rally ahead of key US inflation data

Hong Kong (AFP) - Asian stocks largely continued a global rally on Tuesday, ahead of the release of key US consumer price data that is expected to show slightly slowing inflation in the world's largest economy.

Benzinga

Nio Surges 18% On Upbeat Analyst Coverage: Hong Kong Stocks Mixed As Xi-Putin Meeting, US Inflation Data In Focus

Shares of electric-vehicle maker Nio surged 18% in Hong Kong on Tuesday morning, following positive analyst coverage, even as domestic stocks opened on a mixed note.

Newsroom.co.nz

NZ's first keeper turns football crusader

Answering an ad for 'ladies interested in playing football' led to a lifelong passion for Carol Waller - NZ's first women's goalkeeper and then a prominent figure in the game worldwide.

AFP

Huge queue as Hong Kongers mourn Elizabeth II

Hong Kong (AFP) - Crowds of Hong Kongers queued in sweltering heat on Monday to pay tribute to Britain's Queen Elizabeth II, some expressing nostalgia for the city's colonial past at a time when China is seeking to purge dissent.

AFP

Asian and European markets rally, euro surges

Hong Kong (AFP) - Asian and European markets rallied on Monday, building on the momentum of gains in the United States and elsewhere at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.

AFP

Asian markets continue to rally, building on US gains

Hong Kong (AFP) - Asian markets rallied on Monday, building on the momentum of gains in the United States and Europe at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.

AFP

Asian markets rally in early trading, building on US gains

Hong Kong (AFP) - Asian markets rallied in early trading on Monday, building on the momentum of gains in the United States and Europe at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.

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