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The Latest Breaking News from Hong Kong

U.S. CDC urges Americans to avoid travel to Hong Kong, New Zealand

The Centers for Disease Control and Prevention (CDC) on Monday urged Americans to avoid travel to Hong Kong, New Zealand and Thailand over COVID-19 cases.

Reuters

One Man's Loss Is Nissin Foods' Gain in Hong Kong Outbreak

Key takeaways： Nomura says Nissin Foods is profiting from recent panic buying in Hong Kong, adding it sees more than 30% potential upside to its stock The instant noodle maker is valued higher than its peers, suggesting the market thinks it is better positioned to succeed in the vast mainland…

Benzinga

Virus Chaos Pushes More Expats to Join Hong Kong Exodus

For the last eight years Mathilde and her family have called Hong Kong home, but as the coronavirus tears through the city they are joining an exodus of foreign workers looking for an escape route. "We are leaving and we will come back to empty our house whenever that is…

Asharq Al-Awsat

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China Seeing New Surge in COVID Cases Despite ‘Zero Tolerance'

China is seeing a new surge in COVID-19 cases across the vast country, despite its draconian “zero tolerance” approach to dealing with outbreaks. The mainland on Monday reported 214 new cases of infection over the previous 24 hours, with the most, 69, in the southern province of Guangdong bordering on…

Asharq Al-Awsat

China to stick with zero-Covid policy, but the rules may be 'refined'

HONG KONG: China's strict Covid-19 control measures are unlikely to be eased in the near future, but will be fine-tuned to minimise disruptions to economic growth, Chinese Premier Li Keqiang implied.

Bangkok Post

Chinese students are heading home to escape Covid-hit Hong Kong

HONG KONG: As Hong Kong grapples with a worsening Covid-19 outbreak and fears of a full lockdown grow, some mainland university students are fleeing the city.

Bangkok Post

Hong Kong residents urged not to panic ahead of COVID mass testing

Hong Kong reported 31,008 new COVID-19 cases and 153 deaths on Sunday as the city's chief secretary said residents should not worry about a looming mass testing scheme, with details to be announced and authorities ensuring a steady supply of food.

Reuters

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‘The world has woken up’: How Mancunians joined together to show love and support for Ukraine

“All people want is their freedom, to live like you and I, and it’s not really too much to ask for"

Manchester Evening News

Hong Kong Recommends Fourth Covid Jab For the Vulnerable as Cases Soar

New advice comes after daily infections surged to a record this week as the Asian financial hub battles its worst outbreak of the pandemic

Caixin Global

EV Week In Review: Tesla Giga Berlin Update, Rivian Crashes On Price Hike Gaffe, Lucid Slashes Guidance, Honda-Sony Team Up, Nio Headed To Hong Kong And More

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

Benzinga

Jiumaojiu Tastes Success in 2021 on Fast Growth for Its 'Sauerkraut Fish' Chain

Key Takeaways:

Benzinga

Dental Care Provider Arrail Hopes Investors Will Smile on Its Hong Kong IPO

Key takeaways Arrail Group has passed a listing hear in Hong Kong after becoming profitable at the operating level in its latest fiscal year Company hopes to take advantage of a fragmented Chinese dental market that could be worth 300 billion annually yuan by 2025 By Molly Wen

Benzinga

Asia stocks slump to 16-month low

Asian stocks tumbled to their lowest since November 2020 as signs Russia’s attack on Ukraine is intensifying further roiled financial markets.

Bangkok Post

Hong Kong retail chains ration staples to curb COVID panic buying

Two of Hong Kong's largest consumer retail chains started rationing some food and drug items on Friday to curb panic buying that has plagued the city over the past week amid fears of a citywide lockdown as COVID-19 cases soar.

Reuters

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Benzinga

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Crashing In Hong Kong Today

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index sharply lower, as investors assessed possible ripple effects from the escalating war between Russia and Ukraine.

Reuters

Families forced to split as Hong Kong COVID cases spiral and rules tighten

While Hong Kong clings to its "zero-COVID" policy, frustrations in the city are boiling over, workplace morale is being hit hard and families are splitting as a growing number of people, especially expatriates, abandon the global financial hub.

Reuters

U.S. lawmakers demand HSBC explain actions against Hong Kong activists, Americans

Influential U.S. lawmakers have demanded that one of the world's biggest banks, HSBC Holdings Plc, explain its actions in freezing accounts of Hong Kong pro-democracy activists, moves that could leave it liable to severe sanctions under U.S. law.

Benzinga

Nio Reportedly Raises $163M Through Debt Offering In China: What Investors Need To Know

Nio, Inc. (NYSE: NIO) recently announced approval for a secondary listing in Hong Kong without issuing any shares.

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Benzinga

Fitness Platform 'Keep' Still in Training as It Files For Hong Kong IPO

Key takeaways: Eight years after its founding, fitness platform Keep Inc. has filed for a Hong Kong IPO Company says listing will empower it to turn a profit by providing funds to launch premium fitness packages and attract more subscribers By Tina Yip

Benzinga

OneConnect Files for Hong Kong Listing, But Customer Diversification Remains Key

Key Takeaways:

StockNews.com

Take Advantage of the Dip and Scoop Up Shares of Silicon Motion Technology

Hong Kong-based Silicon Motion’s (SIMO) shares have tumbled 23.3% in price this year amid the broader market retreat. However, the company is expected to benefit from explosive growth in the semiconductor industry and the heightened global demand for chips. Furthermore, Wall Street analysts are bullish on the stock. Thus, we…

The Independent UK

AP PHOTOS: Inflatable labs in Hong Kong for mass COVID tests

Hong Kong has ramped up its testing capacity with the help of inflatable mobile laboratories, as the city grapples with tens of thousands of COVID-19 cases daily.

Reuters

Ukrainian restaurant in Hong Kong says many clients want to help

The owner of a Ukrainian restaurant in Hong Kong said she has seen an outpouring of support from the city's residents, who want to donate to community groups that can help mitigate the impact of the war with Russia.

Benzinga

Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

Reuters

Hong Kong transport operators, supermarket cut services as COVID surges

Hong Kong's subway operator, bus and ferry companies, and one of its biggest supermarket chains, are cutting back services due to a worsening COVID-19 outbreak that has seen daily infections explode this year.

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