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The Latest Breaking News from Hong Kong

Five stand trial for sedition in Hong Kong over children’s books about sheep

The group are accused of trying to ‘incite hatred’ with books depicting Hong Kong residents as sheep and mainland Chinese as wolves

The Guardian - AU

Alibaba, Nio, EV Stocks Buck Broader Slide: What's Weighing On Hong Kong Markets Today

E-commerce giant Alibaba Holding, Inc. (NYSE: BABA) and some major Chinese electric vehicle stocks bucked a broader slide in Hong Kong equities on Wednesday morning amid mostly weak global cues.

Benzinga

Oil rises after sell-off but euro stuck at 20-year low, equities drop

Hong Kong (AFP) - Oil prices rose Wednesday after suffering a painful drop the previous day, though the euro remained wedged at a 20-year low and equities mostly fell in Asia as recession fears continue to flow through trading floors.

AFP

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Sedition trial opens in Hong Kong for group held over 'pro-democracy' content in kids’ books

Five speech therapists face up to two years in jail if found guilty of sedition for writing children’s books.

Al Jazeera

Hongkongers who fled to UK criticise lack of mental health support

Advocacy groups and BNO passport holders say not enough is being done to help them after arriving in Britain

The Guardian - UK

Markets mostly up on talk Biden to roll back some China tariffs

Hong Kong (AFP) - Most markets rose Tuesday on growing speculation US President Joe Biden is about to roll back some of the Trump-era tariffs on Chinese goods as he looks for ways to rein in inflation, though sentiment remains at a premium owing to fears of a recession.

AFP

Vatican envoy in Hong Kong warns Catholic missions to prepare for China crackdown

Monsignor Javier Herrera-Corona, the Vatican's unofficial representative in Hong Kong, delivered a stark message to the city's 50-odd Catholic missions before finishing his six-year posting in March: the freedoms they had enjoyed for decades were over.

Reuters

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Hong Kong's John Lee stresses balance in easing quarantine

Hong Kong’s new leader John Lee says he will work on easing restrictions for travelers while balancing the risks of a coronavirus outbreak overwhelming the health care system

The Independent UK

Canada says China bars diplomats from Canadian tycoon trial

The Canadian government says Chinese authorities refused to allow diplomats to attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago

The Independent UK

Asian markets rise on talk Biden to roll back some China tariffs

Hong Kong (AFP) - Asian markets rose Tuesday on growing speculation US President Joe Biden is about to roll back some of the Trump-era tariffs on Chinese goods as he looks for ways to rein in inflation, though sentiment remains at a premium owing to fears of a recession.

AFP

Canadian diplomats denied access to tycoon's trial in China: embassy

Beijing (AFP) - Canadian diplomats were denied access to the trial of Canadian-Chinese tycoon Xiao Jianhua in China, Ottawa's embassy in Beijing said in a statement on Tuesday, a day after the businessman stood trial.

AFP

Hong Kong raises prospect of Shenzhen border easing by Aug 4

Hong Kong's new health secretary said on Monday he hoped the border with Shenzhen would reopen before Aug. 4, a move that would mark a significant relaxation of China's strict border controls, generating divided opinions on Chinese social media.

Reuters

China to Expand Global Investors’ Access to Its Financial Derivatives Market

As offshore investors become more active in trading Chinese bonds, their demand for derivatives to manage the risks of fluctuating interest rates has grown

Caixin Global

HK environmental group: Plastic shopping bag charge should be increased

HONG KONG: A charge on plastic shopping bags should be increased to at least HK$2 (nine baht), a Hong Kong environmental group has said, pointing to its survey that estimates supermarkets hand out more than 170 million of such items each year.

Bangkok Post

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Al Jazeera

China says 12 bodies found after typhoon shipwreck off Hong Kong

An engineering vessel had suffered substantial damage and broke into two pieces during a typhoon last week.

Reuters

China retrieves dozen bodies after Typhoon Chaba sinks ship

Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said.

AFP

12 bodies found after South China Sea typhoon shipwreck

Beijing (AFP) - Twelve bodies have been found following a shipwreck in the South China Sea over the weekend that left more than two dozen crew members missing, Chinese authorities said Monday.

Bangkok Post

Hong Kong's Palace Museum opens its doors to public

HONG KONG: Hong Kong welcomed the opening of the Palace Museum on Sunday, just days after the 25th anniversary of the city's handover from Britain to China, in a continued effort to position itself as an international arts and culture hub amid mounting concern over censorship.

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Tribune News Service

Xi Jinping’s suppression of Hong Kong democracy pushes Taiwan further from China

A year before Britain handed Hong Kong to China, then-President Jiang Zemin hailed the “one country, two systems” plan for the city as a model for the country to one day unify with Taiwan.

The Independent UK

Canadian government: Tycoon in China due to stand trial

The Canadian government says a Chinese-born Canadian tycoon is being put on trial in China

AFP

Trial of Chinese-Canadian tycoon who disappeared in 2017 begins in China

Beijing (AFP) - Canadian-Chinese tycoon Xiao Jianhua is standing trial on Monday, Ottawa's embassy in Beijing said in a statement, after the businessman disappeared from a Hong Kong hotel five years ago.

AFP

Stocks fluctuate as traders fret over recession

Hong Kong (AFP) - Markets swung Monday as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation.

Reuters

Chinese-Canadian billionaire due to go on trial in China on Monday - embassy

Chinese-Canadian billionaire Xiao Jianhua, who went missing in Hong Kong five years ago, was due to go on trial in China on Monday, the Canadian embassy in Beijing said.

WEKU

4 crew members are rescued after a floating crane sinks south of Hong Kong

The rescued people were part of a 30-strong crew on board a China-registered floating crane that was involved in building several offshore wind farms, according to local media reports.

The Independent UK

Fourth crew member rescued after engineering ship sinks

A fourth crew member has been rescued after a storm sunk an engineering vessel two days earlier

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