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The Latest Breaking News from Hong Kong

One-Trick Pony Boan Biotech Files for Hong Kong IPO Into Tough Market

Key Takeaways: Boan Biotechnology sells only one product so far and is facing stiff competition from other similar drugs Luye Pharma bought Boan in 2020 and is taking it public at a time when markets are bearish By Molly Wen

Benzinga

Hong Kong Catholic cardinal denies charges over relief fund

Former Hong Kong Catholic leader Cardinal Joseph Zen and five others have denied charges for allegedly failing to register a relief fund aimed at financially assisting protesters who faced legal costs during the 2019 anti-government protests

The Independent UK

Alibaba, Nio, Chinese Peers Slide: What's Dragging Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms were subdued on Tuesday morning in Hong Kong, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu In

Benzinga

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Origin preps launch of 5 residential projects with partner Lofis

SET-listed developer Origin Property Plc has partnered with Hong Kong-based investment group Lofis to develop five residential projects worth 5-10 billion baht, with buyers from Hong Kong expected to resume property purchases in October.

Bangkok Post

In Hong Kong, a Once Liberal University Feels Beijing’s Weight

With protesters crushed and memorials removed, there’s no room for campus dissent.

Foreign Policy

Taiwan delays scheme to help Hong Kongers over spying fears

Easier pathway to permanent residency, citizenship for Hong Kong, Macau people delayed over national security fears.

Al Jazeera

Fading Producer of China's 'The Voice' Files for Hong Kong IPO

Key Takeaways: Variety show producer Star CM has filed for a Hong Kong IPO, seeking funds to revive its fading fortunes Revenue from the company’s flagship “Sing! China” dropped from 1.14 billion yuan during its heyday in 2015 to just 252 million yuan last year.

Benzinga

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ChromaDex Establishes Joint Venture For Tru Niagen Distribution In China

ChromaDex Corp (NASDAQ:CDXC) has agreed to establish a joint venture through its wholly-owned subsidiary ChromaDex Asia Limited. ChromaDex Asia is expected to assume the distribution agreement with Sinopharm Xingsha relating to the commercialization of Tru Niagen in mainland China and its territories, excluding Hong Kong, Macau, and Taiwan. Also See: ChromaDex Shares Gain On Niagen Supply Pact With…

Benzinga

CanSino Shares Jump After WHO Gives Nod to Its Covid-19 Vaccine

Tianjin-based company’s stock closes up 12.14% in Shanghai and 9.78% in Hong Kong

Caixin Global

Famed racing sailboat attacked by gunmen off war-torn Yemen

Officials say that a Hong Kong-flagged sailboat is reported to have come under attack off the coast of war-torn Yemen

The Independent UK

Alibaba Down 7%, Nio Slides Over 3%: What's Causing A Selloff In Hong Kong Today

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Thursday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD),

Benzinga

You can now build a Lego version of Van Gogh's Starry Night

In tribute to Vincent van Gogh’s famous painting, the LEGO Group has revealed the LEGO Ideas The Starry Night set. The set was designed by Truman Cheng, a 25-year old Hong Kong based LEGO fan, through a submission on the LEGO Ideas platform, and has

Wales Online

Sunken cruise empire tycoon to launch new Singapore-Thailand line

Malaysian billionaire Lim Kok Thay is launching another cruise line in Singapore - with hopes to run cruises to Thailand from September - months after his Hong Kong-based cruise empire imploded.

Bangkok Post

Vatican Expresses Concern Over Cardinal Zen’s Arrest For Ties To Pro-Democracy Fund

The Vatican has expressed “concern” after 90-year-old outspoken Cardinal Joseph Zen was arrested last week in Hong Kong on charges he had endangered China’s national security.

Zenger

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Benzinga

Alibaba Down Over 2%, Nio Jumps 7%: What's Weighing On Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (NYSE: NIO) among stocks that were in the green.

Benzinga

Why Alibaba, Nio, Chinese Peers Are Shooting Up In Hong Kong Today

Shares of U.S.-listed Chinese firms traded higher in Hong Kong on Tuesday morning, with electric vehicle makers leading gains, while tech majors such as Alibaba Group Holding Ltd (NYSE: BABA) and JD.com Inc (NASDAQ:

The Conversation

Will the budget be another missed opportunity to get more New Zealanders out of their cars?

It would be hard to find someone who’s visited Copenhagen or Amsterdam and complained about too many bikes. And you don’t tend to hear a lot of moaning about too much public transport in Singapore or Hong Kong.

Benzinga

Giant Biogene IPO: A Collagen Queen, or Saggy-Skinned Stepsister?

Key Takeaways: Giant Biogene has filed for a Hong Kong IPO, thriving on growing popularity of skin care products from China’s growing middle class The company’s gross margin has improved steadily over the last three years on strong sales for more expensive professional skin-care products

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Benzinga

Big Tech Urges US Top Court To Block Social Media Law Curbing Political Opinion

Lobbying groups representing Facebook parent Meta Platforms Inc (NASDAQ: FB), Twitter Inc (NYSE: TWTR), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Google, and other tech companies filed an emergency request with the U.S. Supreme Court, Reuters reports. The groups looked to block a Texas law prohibiting sizeable social media platforms from banning users based on their political views. Also Read: Google, Facebook Restrict…

Bangkok Post

Hong Kong railway fans queue overnight to try new cross-harbour train

HONG KONG: Hong Kong railway fans on Sunday rushed to board the first train at dawn on a newly opened, cross-harbour section of the city's costliest MTR project, with the long-awaited launch coming off years of repeated delays and cost overruns.

Bangkok Post

China tightens curbs on overseas travel as part of Covid battle

HONG KONG: China has said it will impose tight restrictions on "non-essential" overseas travel for its citizens to help contain the worst coronavirus outbreak the country has seen in the past two years.

Benzinga

GRAVITY Shares Soar Post Q1 Results; Ragnarok Drives Online Gaming Revenue

GRAVITY Co, Ltd (NASDAQ:GRVY) reported a first-quarter FY22 revenue decline of 15.7% year-on-year to $73.1 million. Online game revenues rose 10.2% Y/Y to $ 17.7 million due to increased revenues from Ragnarok Online in Taiwan, the Philippines, Singapore, and Malaysia. Mobile game revenues declined 23.3% Y/Y to $52.2 million due to revenues from…

Benzinga

Interactive Brokers' Carbon Offsets Feature To Be Available On Firm's IMPACT App

Interactive Brokers Group Inc (NASDAQ: IBKR) announced the launch of Carbon Offsets to its clients in Western Europe, Hong Kong and Singapore.

The Guardian - UK

‘I told Jackie Chan, your loss, my bro!’: how Everything Everywhere gave Michelle Yeoh the role of a lifetime

The action superstar shines in a new multiverse comedy. She talks about her high-risk, low-budget Hong Kong days, why you can be a superhero in your 60s – and whether she could kick James Bond’s butt

Benzinga

Alibaba Up 2.8%, Nio Jumps 5.8%: What's Pushing Hong Kong Markets Higher Today

Shares of U.S.-listed Chinese companies traded higher in Hong Kong on Friday, after ending the previous session deep in the red.

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