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The Latest Breaking News from Hong Kong

Asian markets enjoy respite from heavy selling pressure

Hong Kong (AFP) - Asian markets enjoyed some much-needed gains Thursday having so far suffered a troubled week, with sentiment lifted by a bargain-buying, a positive lead from New York and Europe, and further pledges of economic support for China's economy.

AFP

Yuanxin Tempts Investors With One-Stop Medical Formula in Hong Kong IPO

Key takeaways: Yuanxin Technology has filed for a Hong Kong IPO a second time, aiming to set itself apart from rivals with its wide range of medical services The company’s revenue grew 65% last year, but its losses are growing even more quickly By Li Yaoyao

Benzinga

James Bond star Kenneth Tsang tragically dies in Covid quarantine hotel

Hollywood actor Kenneth Tsang died in a quarantine hotel in Hong Kong, according to reports.

Daily Record

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Kenneth Tsang dead: James Bond actor tragically dies in Covid quarantine hotel

Kenneth Tsang died in a quarantine hotel in Hong Kong, according to reports

Daily Mirror

Kenneth Tsang death: Veteran Hong Kong actor and James Bond star dies aged 86

Tsang was also known for his role in ‘Rush Hour 2’

The Independent UK

China's Hainan free-trade port tipped to deepen Asean ties

HONG KONG: Hainan's transformation into a free-trade port will open new doors for trade between China and the Association of Southeast Asian Nations (Asean), but its success will require a leap of faith and pioneering spirit, experts said.

Bangkok Post

Veteran Hong Kong actor found dead in quarantine hotel: reports

Hong Kong (AFP) - Kenneth Tsang, a stalwart of the "Golden Age" of Cantonese cinema, was found dead in a Hong Kong hotel room on Wednesday while undergoing mandatory quarantine after returning from overseas, local media reported.

AFP

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Asian markets sink as European stocks steady, eyes on Ukraine

Hong Kong (AFP) - Asian markets were back in negative territory Wednesday following a rout on Wall Street as traders are faced with a perfect storm of crises including China's Covid-linked economic woes, US interest rate hikes, soaring inflation and the Ukraine war.

AFP

Hong Kong’s Foreign Correspondents’ Club Cancels Human Rights Awards for Fear of Legal Risks

Some journalists see the choice to ax the awards as an act of self-censorship antithetical to the organization’s purpose.

The News Lens

Press freedom in Hong Kong is ‘dire, completely dismantled’, according to NGO report

A UK-based NGO, Hong Kong Watch, has characterised media freedom in Hong Kong as “dire” and “completely dismantled” with multiple restrictions on journalists, in a report released on April 26.

Newslaundry

Hong Kong exchange profits plunge amid IPO drought, virus woes

Hong Kong (AFP) - Hong Kong's stock exchange on Wednesday reported its biggest quarterly drop in profits for six years as tightened Chinese regulations strangled new listings and the city struggled with its worst-ever coronavirus outbreak.

AFP

Australia worried China will bring Hong Kong police techniques to Solomons

Australia's spy chief says Canberra is concerned Chinese police deployed to the Solomon Islands under a new security pact could use "ruthless" techniques previously used to quell anti-government protests in Hong Kong.

Reuters

Nio, Xpeng Fall, Li Auto Rises: What's Moving Hong Kong EV Stocks Today?

Shares of Tesla Inc (NASDAQ: TSLA) rivals and U.S.-listed Chinese electric automakers Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV), and

Benzinga

Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), an

Benzinga

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AFP

Asian markets sink as traders fret over global outlook

Benzinga

E-House Comes Unhinged in China's Real Estate Crash, Joining List of Victims

Key takeaways: • E-House defaulted on $298 million worth of bonds that matured April 18, though it said this week that bondholders had agreed on a restructuring plan

Benzinga

Shenzhen Edge Medical Seeks Place in China's Surgical Robot Market

Key takeaways: Shenzhen Edge Medical has applied for a Hong Kong IPO, following China’s approval for the sale of one of its key products in January Company will face challenges from a growing number of domestic rival products already on the market By Molly Wen

The Independent UK

Hong Kong reopens to international visitors this weekend - with strings attached

Though entry rules remain convoluted, the business hub promised to ‘streamline the testing and quarantine procedures upon arrival’

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Al Jazeera

‘Climate of fear’: Hong Kong press club suspends press awards

The Hong Kong Foreign Correspondents’ Club is the latest organisation to self-censor under the national security law.

AFP

West urged to fight against 'dire' state of press freedom in HK

London (AFP) - Heavy-handed government action, self-censorship and physical threats against journalists have left Hong Kong's media freedoms in a "dire" state, a UK-based campaign group said Tuesday.

AFP

Markets mixed as China, Fed keep confidence in check

Hong Kong (AFP) - Markets were mixed Tuesday as investors scrabbled to recover from the previous day's rout but fears over the impact of China's Covid-induced lockdowns and the Federal Reserve's plan to hike interest rates quickly continued to drag on sentiment.

AFP

HSBC first-quarter pre-tax profits drop nearly 30% to US$4.2 bn

Hong Kong (AFP) - HSBC said on Tuesday that first-quarter profits dropped nearly 30 percent owing to higher-than-expected credit losses and inflation but the Asia-focused lending giant remained upbeat about its outlook.

Benzinga

Why Nio, Other EV Peers Are Trading Higher In Hong Kong Today

Shares of Tesla Inc (NASDAQ: TSLA) rivals and U.S.-listed Chinese electric automakers Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV<

Benzinga

Alibaba, Other Tech Peers Snap Losing Streak In Hong Kong: What's Driving Them Today?

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:

AFP

Asian markets mixed but China, Fed keep confidence in check

Hong Kong (AFP) - Asian markets were mixed Tuesday as investors scrabbled to recover from the previous day's rout but fears over the impact of China's Covid-induced lockdowns and the Federal Reserve's plan to hike interest rates quickly continue to drag on sentiment.

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