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The Latest Breaking News from Hong Kong

Nio Surges 15%, Alibaba Up Nearly 1%: What's Pushing Hong Kong Stocks Higher Today

Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week.

Benzinga

Pro-democracy publisher Lai found guilty on fraud charges

Pro-democracy Hong Kong publisher Jimmy Lai has been found guilty on a pair of fraud charges related to lease violations

The Independent UK

Alibaba, JD Put Up Resistance As Hang Seng Index Falls Below 15,000 Level For 1st Time Since 2009

Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power.

Benzinga

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Emotions run high at protest held after man 'attacked' outside Chinese consulate in Manchester

Signs were held aloft, displaying messages ranging from 'Expel China' and 'Free Hong Kong' to 'British Blood On China Hands' and 'Hang Xi Jinping'

Manchester Evening News

Hong Kong rolls out measures to attract new talent

Hong Kong's leader has rolled out a slew of measures to woo global talent but Covid-19 restrictions and the high cost of living are two major hurdles that may prevent them from remaining in the city.

Bangkok Post

Young Chinese people – tired of Hong Kong – are escaping to find peace on Peng Chau island

Jessie Pang and Tyrone Siu capture the young Hong Kongers who are seeking relief and escape from the pressure of the metropolis on an island that’s just a short ferry ride away from the city

The Independent UK

Members of disbanded Hong Kong group jailed up to 3 years for inciting subversion

Three members of a Hong Kong pro-democracy student group were sentenced on Saturday to up to three years jail for conspiracy to incite subversion, after setting up street booths that allegedly called on people to oppose the government.

Reuters

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Hong Kong jails three more young activists

 Three young Hong Kong activists were jailed on Saturday under the Beijing-imposed national security law, in the latest case of authorities taking a hardline approach toward political speech.

Bangkok Post

Cannabis Policy News: Australia City Decriminalizes Cocaine And Heroin, Hong Kong To Ban CBD, Missouri Legalization Ad Featuring Police Officers

Australia's Capital Decriminalizes Possession Of Small Amounts Of Heroin, Cocaine

Benzinga

Continental selections of contemporary art come to Paris

After the Covid-19 pandemic put many international art fairs on hold, the French capital is now host to several major events displaying contemporary pieces from around the globe. Art Basel has spread its wings beyond Miami and Hong Kong to create the first edition of "Paris +", staged at the…

France 24

Newly profitable Kanzhun Steps Aboard Hong Kong's Dual Listing Train

Key Takeaways: Having finally turned a profit, Kanzhun has filed for a dual primary listing on the Hong Kong Stock Exchange to insure against its shares being pulled from New York

Benzinga

Domino's China Operator Makes Second Toss at Hong Kong IPO

Key Takeaways: DPC Dash, operator of the Domino’s pizza chain in China, has filed an updated prospectus to list its shares in Hong Kong The company differs from larger rival Pizza Hut in China due to its bigger focus on delivery, and also due to its earlier stage of development…

Benzinga

Is TV Giant TCL Quietly Preparing to Privatize Its Consumer Electronics Arm?

Key Takeaways: • Under a new chairwoman, the parent of TCL Electronics has acquired more shares in the Hong Kong-listed unit, raising its stake to 54.03%

Benzinga

Hong Kong to ban CBD

Hong Kong will outlaw cannabidiol (CBD) by February, the government announced on Thursday, placing it in the same category as heroin, cocaine and methamphetamine with users facing hefty jail time.

Bangkok Post

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The Independent UK

Yacht linked to sanctioned Russian tycoon leaves Hong Kong

A superyacht linked to sanctioned Russian tycoon Alexey Mordashov has left Hong Kong for South Africa nearly two weeks after the U.S. accused the city of operating as a safe haven for sanctioned individuals

Reuters

Russian oligarch's luxury yacht departs Hong Kong port

A luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov departed Hong Kong waters on Thursday heading for the South African port of Cape Town, according to private tracking site MarineTraffic.

The Independent UK

Chinese diplomat defends grabbing Hong Kong protester’s hair in Manchester

Consul-general said it was his ‘duty’ to protect his staff, leader, and country but denied attacking protester

The Independent UK

UK: Protester calls assault at Chinese Consulate 'barbaric'

A Hong Kong protester has described getting pulled into the Chinese Consulate in Manchester, England, and beaten up by several staff members

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Daily Mirror

Man dragged into Chinese consulate in Manchester shares horror of 'unacceptable' ordeal

Bob Chan claims he was attacked outside the Chinese consulate which the country has disputed the account of events which took place during a demonstration on Sunday

The Guardian - UK

Hong Kong leader aims to attract talent but vows further crackdown

John Lee pledges to enact anti-subversion law while emphasising need to alleviate brain drain

Evening Standard

Pro Hong Kong campaigner ‘dragged into Chinese consulate and beaten’

Bob Chan told a press conference that he had not tried to gain access but was dragged behind gates

The Independent UK

Hong Kong protester beaten at Manchester consulate ‘fears he will be silenced’ - OLD

Bob Chan said he also fears for his family’s safety but is committed to supporting a police investigation into what happened.

The Independent UK

Hong Kong protester beaten in grounds of China embassy ‘fears for his family’

Bob Chan said he was ‘shocked’ the attack happened in Britain

The Guardian - UK

Hong Kong launches $3.8bn fund to attract foreign businesses back

Chief executive says territory will ‘trawl world for talent’ after lockdowns and political unrest cause brain drain

Bangkok Post

Hong Kong's Cathay Pacific to ramp up flights to top destinations

Hong Kong's flag carrier Cathay Pacific Airways has said it will add hundreds of flights to popular destinations such as Japan and the United Kingdom during the last two months of this year, as the company resumed travel to five other locations.

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