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The Latest Breaking News from Hong Kong

Hong Kong leader says city's brain drain is 'unarguable'

Hong Kong leader Carrie Lam said it was "unarguable" that the global financial hub was seeing a brain drain due to stringent coronavirus rules, but added she valued the city's international status and envisioned a "better development" after the pandemic.

Reuters

Clippers coach Tyronn Lue rips Sixers president Daryl Morey with shot at old Hong Kong tweet

PHILADELPHIA — Los Angeles Clippers coach Tyronn Lue and 76ers president of basketball operations Daryl Morey aren’t holding back in their war of words.

The Philadelphia Inquirer

Hong Kong hospitals will no longer separate Covid-infected children from parents

U-turn comes after health policy caused outrage among families and campaigners in city

The Guardian - UK

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Manika-Archana pair enters medal round in WTT Star Contender

DOHA: India's Manika Batra and Archana Kamath entered the medal round of the women's doubles in the WTT Star Contender event after beating Soo Wai Yam Minnie and Lee Ho Ching of Hong Kong 3-1 in the quarterfinals on Tuesday.

The Times of India

Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 29

CNBC Domino’s Pizza China Operator Eyes Hong Kong Listing

Benzinga

Domino's Pizza China Operator Eyes Hong Kong Listing: CNBC

Domino’s Pizza Inc’s (NYSE:DPZ) store operator in China, DPC Dash, is planning to go public on the Hong Kong stock exchange, CNBC reported. Domino’s Pizza has a 15.7% stake in DPC as of the filing date through wholly-owned entities, the report added. Bank of America Securities is the sole sponsor of the listing, the…

Benzinga

Cathay Pacific New York-Hong Kong flight accidentally becomes world’s longest

Rerouted service will fly 16,618km to avoid Russian airspace

The Independent UK

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World’s longest passenger flight plans to avoid Russian skies

Cathay Pacific Airways plans to reroute its New York-Hong Kong service to avoid Russian airspace, in what would be the world’s longest commercial passenger flight by distance. It will take about 17 hours.

Bangkok Post

Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies rose in Hong Kong on Tuesday as the benchmark Hang Seng Index extended gains to a second straight session.

Benzinga

Hong Kong's COVID toll leads some to eco-friendlier coffins

Hong Kong is running short of coffins during its deadliest outbreak of the coronavirus pandemic, which has cost about 6,000 lives so far this year

The Independent UK

'Spirit' of law mystery to Star manager

A senior manager at Star Entertainment Group says he had no obligation to act within the spirit of the law in line with a casino code of conduct.

AAP

Sinley: Cookstown Chinese takeaway owner on almost 50 years serving the town

Jeremy Chan’s father Tai Hei Chan moved from Hong Kong to England in the 1960s, before setting up shop in Northern Ireland

Belfast Live

How Covid helped China tighten its hold on Hong Kong

Doctors from the mainland are treating patients and Chinese workers are building hospitals as Beijing’s presence is felt like never before

The Guardian - AU

Hong Kong to halve Covid flight-ban penalty to 7 days

HONG KONG: 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.

Bangkok Post

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Reuters

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.

Inverse

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.'

Reuters

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.

Bangkok Post

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.

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Benzinga

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

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

Caixin Global

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

Benzinga

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…

Evening Standard

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

Bangkok Post

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.

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.

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