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The Latest Breaking News from Hong Kong

Hong Kong halves flight suspensions triggered by Covid cases

Hong Kong (AFP) - Hong Kong announced Sunday it will halve the period for which it suspends international flights that bring in passengers infected with Covid-19, as the aviation industry increasingly voices alarm over the continued difficulty of operating in the city.

AFP

Hong Kong says to halve flight suspension rule to seven days

Hong Kong said on Sunday it is shortening the ban on airlines that are found to have carried three or more passengers who test positive for COVID-19 upon arrival, as the number of local cases continues to ease from its peak.

Reuters

How the ‘Everything Everywhere’ directors explore the multiverse in ways Marvel cannot

The filmmaking duo Daniels evolve in their exploration of the multiverse with Hong Kong icon Michelle Yeoh in 'Everything Everywhere All at Once.'

Inverse

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Hong Kong leader rejects barrister nominee to sensitive judges panel, appoints another

Hong Kong leader Carrie Lam rejected a Bar Association nominee to a discreet panel that selects the city's judges, according to a statement on Friday from the barristers' body, appointing instead the Bar's new chairman in an unprecedented switch.

Reuters

Singapore, Cambodia among Asean countries eyeing digital currencies

HONG KONG: South Asian countries such as Singapore and Cambodia are exploring the launch of central bank digital currencies (CBDCs) to enhance payments efficiency and to encourage start-ups and e-commerce in the region, a panel hosted by the South China Morning Post was told on Thursday.

Bangkok Post

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Benzinga

Asian markets swing as traders assess Ukraine, inflation, Fed risk

Hong Kong (AFP) - Markets fluctuated in Asia on Friday as traders struggled to build on a rally in New York, with focus on the impact of the Ukraine war, surging inflation and Federal Reserve plans to fight it.

AFP

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Leapmotor Enters EV Race to Capital Markets With Hong Kong IPO Plan

Key takeaways: Leapmotor plans to go public in Hong Kong, becoming the fourth Chinese electric vehicle startup to list on the exchange The money-losing company is trying to shift gears from making mini EVs to more traditional sedans at the mid- to high-end of the market By Ken Lo

Benzinga

Carbon Futures ETF Debuts in Hong Kong

The exchange-traded fund tracks the ICE EUA Carbon Futures Index, which measures the performance of a basket of European Union Allowance futures contracts

Caixin Global

US Goods Risk Delay As China's Lockdowns Heightens Shipping Port Jams: Bloomberg

The key Chinese ports of Shenzhen and Hong Kong face congestion, which rose to the highest level in five months due to COVID-19 lockdowns. It could pose possible delays to goods heading to the U.S. this summer, reported Bloomberg. Ryan Closser, a director at FourKites, states, “Shenzhen is the second-busiest port…

Benzinga

Susie Lau dreads her daughter losing a language

With grandma stuck in Hong Kong, Susie Lau is dreading the battle to stop her daughter losing touch with her Cantonese mother tongue

Evening Standard

Equity markets mixed, oil falls as investors track Ukraine war

Hong Kong (AFP) - Equity markets were mixed Thursday as investors contemplate the impact of surging inflation and central bank plans to sharply hike interest rates, while oil prices dipped but remain elevated on fears of further Russia sanctions that could hit already thin supplies.

AFP

Hong Kong can open up to world once wave subsides, Lam says

Hong Kong’s leader said she’s hopeful the international financial hub can lower barriers with the outside world after the current outbreak wanes.

Bangkok Post

Asian markets mixed, oil falls as investors track Ukraine war

Hong Kong (AFP) - Equity markets were mixed Thursday as investors contemplate the impact of surging inflation and central bank plans to sharply hike interest rates, while oil prices dipped though remain elevated on fears of further Russia sanctions that could hit already thin supplies.

AFP

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Benzinga

Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.

AFP

Oil sees further gains on sanctions talk, while equities slip

Hong Kong (AFP) - Equity markets were mixed Thursday as investors contemplate the impact of surging inflation and central bank plans to sharply hike interest rates, while oil prices dipped though remain elevated on fears of further Russia sanctions that could hit already thin supplies.

Caixin Global

Fosun Reports $157 Million of China mRNA Vaccine Sales in 2021

BioNTech partner markets the advanced-tech inoculation in Hong Kong, Macao and Taiwan as regulators haven’t cleared the shots for the mainland

Bangkok Post

Investors snap up Hong Kong hotels for conversion to long-term leasing, student accommodation

HONG KONG: International funds and local investors are snapping up hotels in Hong Kong with the intention of converting them for long-term leasing and student accommodation as the outlook for the city's tourism industry remains uncertain.

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Bangkok Post

Hong Kong hopes to 'resolve' Covid flight-ban rule as cases ease

HONG KONG: Hong Kong is looking to resolve a problem over a ban on airlines which bring in Covid-positive passengers as it eases travel curbs that have sealed off the city for two years, its leader said on Wednesday

Reuters

Hong Kong hopes to 'resolve' COVID flight-ban rule as cases ease

Hong Kong is looking to resolve a problem over a ban on airlines which bring in COVID-positive passengers as it eases travel curbs that have sealed off the city for two years, its leader said on Wednesday.

Benzinga

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

AFP

Asian markets extend gains after Wall St rally

Hong Kong (AFP) - Asian markets extended gains Wednesday, tracking a rally in New York, on optimism that the Federal Reserve's plan to hike interest rates will help bring inflation under control.

Edinburgh Live

Latest Covid travel rules as Netherlands and Hong Kong ease restrictions

The Netherlands have confirmed they are easing entry requirements for UK arrivals after months of only allowing restricted travel. This comes just in time for the Easter holidays.

Benzinga

Here's Why Alibaba's Stock Didn't Get a Boost Despite Big Share Buyback: Bloomberg

Alibaba Group Holding Ltd (NYSE:BABA) shares traded 60% below the 2021 peak despite a $9 billion share buyback boost, Bloomberg reports. The boost marked the third increase since China's domestic tech crackdown started in late 2020. After the buyback announcement, Alibaba's shares jumped up to 9.8% to HK$108.80 in Hong Kong, trailing the February…

AFP

Debt-ridden Evergrande says lenders lay claim over $2.1 bn

Hong Kong (AFP) - Chinese developer Evergrande said Tuesday it is investigating how lenders have laid claim to deposits valued at more than 13.4 billion yuan ($2.1 billion) for its subsidiary, the latest black mark against the debt-ridden property giant.

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