The Latest Breaking News from Hong Kong

Hong Kong has suspended a rule that banned individual flights for bringing in passengers infected with the COVID-19 virus, as it caused "unnecessary trouble" and inconvenience to residents of the global financial hub, the government said on Thursday.

Hong Kong (AFP) - Crude extended the week's losses Thursday, while the euro struggled to recover from 20-year lows and equities were mixed as recession fears continued to cast a pall across trading floors.

A trip to glamorous Hong Kong was a distant dream for most Chinese mainlanders in the mid-1990s, but for schoolgirl Tracey Chen in the southern boomtown of Shenzhen, it was just a lunchtime stroll.

Key Takeaways: Weilong is reportedly seeking to raise $500 million and is valued at $4.9 billion, both of which are nearly half that from a year ago The company has maintained strong sales, but profitability has stalled, triggering a switch to foreign markets in search of new growth drivers By…

Key Takeaways: Started in 2004, Imeik is the largest provider of hyaluronic acid-based skin fillers in China The firm’s products lack variety and tighter government regulations could throw a wrench in ambitious plans By Tina Yip

Key Takeaways: Weigao Blood Purification filed for a Hong Kong IPO soon after bringing in well-known institutional investors The company is a domestic leader in China’s blood purification industry across a range of products, including blood filters and dialysis tubing By Molly Wen

CNBC Ben & Jerry’s Sues Parent Unilever On Israeli business Sale

Hong Kong is prepping to gain further insights into the latest speech delivered by President Xi Jinping in China’s Special Administrative Region.

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg 

Hong Kong (AFP) - Equities mostly fell in Asia on Wednesday and the euro wallowed at a 20-year low as recession fears flowed through markets, while political uncertainty hit the pound as UK Prime Minister Boris Johnson suffered a series of resignations.

Residents of parts of Shanghai and Beijing have been ordered to undergo further rounds of COVID-19 testing following the discovery of new cases in the two cities