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The Latest Breaking News from Hong Kong

YouTube blocks account of Hong Kong's sole leadership candidate

YouTube blocked the account of Hong Kong's sole leadership candidate John Lee on Wednesday as part of U.S. sanctions against the city's former No. 2 official who said the move will not affect his bid to lead the financial hub for the next five years.

Reuters

SoftBank Robotics Invests In Hong Kong Startup Avalon SteriTech: Bloomberg

SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) robotics arm has agreed to buy a minority stake in cleaning technology startup Avalon SteriTech Ltd, Bloomberg reports. SoftBank Robotics looks to acquire a 5% stake in the Hong Kong-based company. The financial terms of the deal remain undisclosed. The investment marks SoftBank's Hong Kong debut. The…

Benzinga

JPMorgan's Chinese Tech Sector Downgrade Proved Costly for Them - Read How

JPMorgan Chase & Co (NYSE:JPM) lost its position as the most senior underwriter for Kingsoft Cloud Holdings Ltd's (NASDAQ:KC) Hong Kong stock offering, Bloomberg reports. The size of the offering in Hong Kong is relatively small, amounting to ~$100 million. The change came after one of JPMorgan's analysts cut the share-price target for the…

Benzinga

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Hong Kong jails DJ for ‘uttering seditious words’ in latest crackdown

Tam Tak-chi was the first person to be charged with sedition since 1997

Evening Standard

Hong Kong activist jailed for 40 months in sedition trial

Activist Tam Tak-chi was a defendant in the city’s first sedition trial since it was handed back to China in 1997.

Al Jazeera

Hong Kong jails pro-democracy activist and former DJ for ‘uttering seditious words’

Tam Tak-chi was the first person charged with sedition since 1997 under colonial-era law amid a wider crackdown by authorities

The Guardian - AU

Hong Kong activist jailed for sedition in first case since 1997 handover

A Hong Kong opposition activist was jailed for 40 months on Wednesday after the city's first sedition trial since its handover from British to Chinese rule nearly 25 years ago.

Reuters

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Hong Kong's elite join leadership candidate's campaign as Beijing watches

Hong Kong's sole leadership candidate John Lee has picked nearly 150 heavyweights, including the city's richest man Li Ka-shing and other powerful businessmen and politicians, to join his advisory teams to show broad support for his bid.

Reuters

Nio, Xpeng Rise, While Li Edges Lower: What's Up With Hong Kong EV Stocks?

Shares of U.S.-listed Chinese electric automakers Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV) rose in Hong Kong trading on Wednesday morning, while Li Auto Inc (NASD

Benzinga

Alibaba Slips Alongside Tech Peers: What's Dragging Hong Kong Markets Today?

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

Benzinga

Taiwanese group provides democracy ratings for milk tea shops

The group hopes to mobilize consumers to push back against Beijing.

Axios

InnoCare Pharma Goes Back to Funding Trough With STAR Market Listing

Key Takeaways:

Benzinga

Titanium Miner LB Group Seeks to Shine in Hong Kong IPO Raising up to $1.5 Billion

Key Takeaways: LB Group has filed for a Hong Kong IPO to raise up to $1.5 billion, aiming to consolidate its place as Asia’s leading producer of titanium dioxide pigments Listing would complement company’s existing Shenzhen A-shares, which look sharply undervalued compared with industry peers By Andrew Curran

Benzinga

The quest to save Cantonese in a world dominated by Mandarin

LOS ANGELES — Laura Ng had a dual motive for taking Cantonese classes at Stanford.

Los Angeles Times

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The News Lens

Hong Kong Residents Report Increased Pressures from Covid Policies

A survey shows that close to half of Hong Kongers don’t support policies requiring confirmed patients to quarantine at government designated facilities.

Benzinga

Why Tesla Rivals Nio, Xpeng Are Trading Lower In Hong Kong Today

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

Benzinga

Why Alibaba, Tech Peers Are Deep In The Red In Hong Kong Trading Today

Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ: BID

Reuters

Hong Kong zero-COVID policies create mountains of plastic waste

Hong Kong arrivals meet plastic everywhere in quarantine hotels: Remote controls are wrapped in cellophane, pillows are encased in plastic bags, food comes with plastic cutlery.

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The Hindu

Air India cancels flights to Hong Kong

Move after three passengers tested positive at Hong Kong airport

Benzinga

LinkDoc Formally Withdraws Its U.S. IPO. Next Stop, Hong Kong?

Key Takeaways:

Benzinga

AIM Puts mRNA Covid Vaccine in Investor Crosshairs With New IPO Attempt

Key takeaways: Vaccine maker AIM has filed for an IPO in Hong Kong, following unsuccessful previous bids in Hong Kong and on Shenzhen’s ChiNext board The company has three Covid vaccines under development, including an mRNA vaccine expected to hit the market in the fourth quarter By Fai Pui

Bangkok Post

Souvenirs such as Star Ferry baubles, tram magnets among hot items for those leaving Hong Kong

HONG KONG: Sales of Hong Kong-themed souvenirs, from tram magnets to baubles with miniature red taxis, Star Ferry vessels and dim sum, have picked up and businesses say it is all thanks to the spike in Hong Kongers emigrating.

Bangkok Post

Beetles fail to get better of Kitchee in ACL opener

Former Thai League 1 winners Chiang Rai United were handed a 1-0 defeat by Kitchee SC of Hong Kong in their first AFC Champions League Group J game in Buri Ram on Saturday night.

The Hindu

Why cats and dogs are less susceptible to Omicron

The progenitor of the Omicron variant might have emerged in mice and then spread to humans

Bangkok Post

Lockdowns affecting 373 million Chinese

About 373 million people in 45 cities across China have come under some form of lockdown due to a surge in coronavirus cases, according to estimates by a Nomura International analysts in Hong Kong.

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