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The Latest Breaking News from Hong Kong

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

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…

Benzinga

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

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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.

Bangkok Post

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.

Benzinga

‘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

The Guardian - UK

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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.

Benzinga

Hong Kong looks to boost tourism with new campaign

As the fifth wave of Covid-19 fades and life returns to normal, the Hong Kong Tourism Board (HKTB) recently unveiled a revitalisation strategy to highlight Hong Kong's fresh views and open the door to travellers.

Bangkok Post

Hong Kong police file complaints to lawyer groups over national security case

Hong Kong police said on Thursday they had filed complaints to the city's main professional legal bodies over a national security case involving a fund that had assisted pro-democracy protesters to pay for legal services.

Reuters

The ASTRO Is A Stylish And Surprisingly Quick Electric Bicycle

C3STROM, an e-mobility startup from Hong Kong, has introduced the ASTRO e-bike, a surprisingly quick electric bicycle with a futuristic design.

RideApart

Vodafone Mulls Merging UK Unit With CK Hutchison's Three

Telecoms group Vodafone Group Plc (NASDAQ:VOD) is in talks to combine its U.K. operations with Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison Holdings LTD (OTC:CKHUY), the Financial Times reports. The deal could help consolidate the British mobile market as Vodafone faces pressure from Europe’s most prominent activist investor, Cevian…

Benzinga

A Catholic cardinal and others are arrested on Hong Kong security law

The White House and U.S. politicians join others around the world in calling for the release of a retired archbishop, singer and others in the Chinese territory.

WEKU

Arrested Hong Kong cardinal a fiery critic of Beijing

The 90-year-old retired Hong Kong archbishop who was arrested by Hong Kong police on national security charges has long been a fiery critic of Beijing and the Vatican's efforts to reach a working arrangement with the ruling communists

The Independent UK

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Benzinga

Why Nio And Electric Vehicle Peers Are Plunging In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc.

Benzinga

Why Alibaba, Tech Peers Are Slumping In Hong Kong Today

Shares of U.S.-listed Chinese tech firms traded in negative territory in Hong Kong on Thursday amid weak global cues.

WEKU

A look at Hong Kong's new leader, John Lee — and his history with the territory

Hong Kong's new leader, John Lee, rose through the law enforcement ranks to become the territory's No. 2 under outgoing Chief Executive Carrie Lam. He faces governing a divided and mistrustful city.

Benzinga

Travel Platform Agoda Offers New Payment Option In Asia Pacific Region

Booking Holdings Inc (NASDAQ:BKNG) owned travel platform Agoda has partnered with Visa Inc (NYSE:V) to offer interest-free credit card installments across its booking platform. The installments are exclusively applicable to HSBC Bank Malaysia credit card holders. Visa and Agoda plan to progressively roll out the offering regionwide to locations like Australia, Hong Kong, Singapore, Thailand,…

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Al Jazeera

Hong Kong arrests Cardinal Zen, singer over activist fund

Group accused of ‘collusion with foreign powers’ under security law for providing legal aid to people 2019 protesters.

Axios

White House calls for release of cardinal arrested in Hong Kong

“Today’s arrests signal...Beijing intends to intensify its crackdown on basic rights and freedoms in Hong Kong."

The Guardian - UK

Hong Kong: Vatican ‘concerned’ over arrest of Cardinal Joseph Zen

Prominent Catholic cleric, 90, detained with three others linked to disbanded charity for protesters

The Independent UK

Reports: Hong Kong arrests Roman Catholic cardinal, 3 others

Reports say a Roman Catholic cardinal and three others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China's national security

Reuters

Hong Kong police bail Catholic cardinal arrested on national security charge

Cardinal Joseph Zen, one of the most senior Catholic clerics in Asia, and three others who helped run a now-disbanded Hong Kong fund for protesters were arrested on charges of "collusion with foreign forces," and later released on bail.

Caixin Global

Opinion: How Singapore Could Outperform Shanghai, Hong Kong to Become Asia’s Financial Center

The country has benefited from China-U.S. tensions and a successful response to Covid-19

The Hindu

Chhetri has recovered well, will be team's main force: Stimac ahead of Asian qualifiers

Sunil Chhetri will return to action after six months to play Hong Kong, Afghanistan and Cambodia in the Asian Cup qualifiers

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