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The Latest Breaking News from Hong Kong

Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Benzinga

Gas Prices Around The World Stay High As Oil Falls Below $100 A Barrel

If you think $4.30 per gallon in the United States is bad, try paying $11 in Hong Kong.

Motor1

Will there be another Covid wave? What US health officials are watching for

‘I’m not sure people appreciate quite how bad the Covid situation is in Hong Kong, nor what might be around the corner’

The Independent UK

From analysis to the latest developments in health,
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Spurned by New York, Kingsoft Cloud Looks for Love in Hong Kong

Key Takeaways: Kingsoft Cloud is studying a possible dual listing in Hong Kong to complement its current listing on the Nasdaq Company made the announcement after the U.S. securities regulator reminded U.S.-listed Chinese firms they could face forcible delistings under a law passed in December 2020 By Doug Young

Benzinga

Singapore’s expat numbers slump to lowest level since 2010

The number of expatriate white-collar workers in Singapore fell to the lowest in more than a decade, suggesting that the city hasn’t yet benefited from an exodus of professionals from the rival finance hub of Hong Kong.

Bangkok Post

Pandemic postcard: COVID outbreak leaves Hong Kong in limbo

As a COVID-19 outbreak overwhelms Hong Kong, it’s hard for its 7.4 million residents to know what’s next

The Independent UK

Hong Kong reports 29,272 new COVID cases, 217 deaths

Hong Kong health authorities reported 29,272 COVID-19 cases on Wednesday, up from 27,765 on Tuesday and 217 deaths, compared with 228 in the previous 24 hours.

Reuters

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Commentary: The pandemic highlights a global failure to protect the elderly

When the COVID-19 pandemic finally ends, our most glaring failure, and our greatest source of shame, will unquestionably be our unwillingness to protect society’s most vulnerable group: the elderly.

Chicago Tribune

Hong Kong shares soar 9% on China pledge to support economy

Hong Kong's share benchmark, the Hang Seng index, has soared 9% after China's state media said Beijing plans more support for the slowing Chinese economy

The Independent UK

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Why Alibaba, JD And Tesla Rivals Li Auto, Nio Are Rebounding Big-Time In Hong Kong Today

Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory after three days of losses.

Benzinga

Hong Kong leader says scope to further delay chief executive election

Hong Kong leader Carrie Lam said on Wednesday that there were no plans to further tighten COVID-19 rules as the city battles to contain an escalating outbreak but said a chief executive election, set for May, had scope to be further delayed.

Reuters

Hong Kong y Beijing saben un par de cosas sobre envejecer bien. Aprende de ellos

Dos días después de mi cumpleaños número 40, mi esposo y yo asistimos a la boda de un amigo en Palm Springs, California. Sentados entre desconocidos, mantuvimos una pequeña charla acerca de moda y novedades mundiales que llenaba el tiempo en lugar de estimular la mente. Fue entonces cuando un…

Tribune News Service

Millions under lockdown in China as COVID-19 cases surge, officials urge over-60s to get vaccinated

China reports 5,280 new infections — more than double the previous day's tally — as the highly transmissible Omicron variant forces lockdowns and spreads across a country that has stuck tightly to a zero-COVID-19 strategy.

ABC News

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Al Jazeera

Pets and COVID-19: Experts say vigilance needed but risks small

Since the pandemic began, 19 species of animals across 35 countries have contracted COVID-19.

The Independent UK

Will there be another Covid wave? What US health officials are watching for

‘I’m not sure people appreciate quite how bad the Covid situation is in Hong Kong, nor what might be around the corner’

Evening Standard

How bad could China’s Covid-19 outbreak be for the global economy?

Stock markets in China and Hong Kong have been hit by sell-offs as concerns about new lockdowns intensify

Benzinga

Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong

Key takeaways: • Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant listing applications • Company has expanded rapidly using a franchise model, but poses investor risk due to its nature as a family-run business

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France 24

Chinese markets slump over fears of how Covid-19 lockdowns will hurt economy

Stock markets in Shanghai and Hong Kong slumped on Tuesday, as investors fear the impact of the latest Covid-19 lockdowns on China's economy. Nearly 30 million people are now living under restrictions in the country, including in the technology manufacturing hub of Shenzen. Also today, Volkswagen has suspended production of…

The Independent UK

Chinese virus cases climb, raise threat of trade disruption

Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest

The Times of India

Why you shouldn't press COVID panic button yet

New Delhi: Will India also see another surge in Covid-19 cases? This question is exercising the minds of many people with reports of the viral infection re-emerging in Hong Kong, parts of China, South Korea and some European countries. According to media reports, Hong Kong is seeing an unprecedented number…

Benzinga

Alibaba And Tesla Rival Nio Slide For Third Day Straight In Hong Kong — What's Behind The Tech Rout?

Shares of U.S.-listed Chinese tech companies extended losses in Hong Kong for a third straight session on Tuesday, hurt by fears of global repercussions if China was seen as supporting Russia over its invasion of Ukraine.

Bangkok Post

New HK strain found in Thailand

The Public Health Ministry on Monday reported four cases of coronavirus infections which it suspects may be caused by a new strain responsible for the Covid-19 outbreak in Hong Kong.

Bangkok Post

Ministry reports HK strain

The Public Health Ministry on Monday reported four cases of coronavirus infections which it suspects may be caused by a new mutant strain responsible for the worrying Covid-19 outbreak in Hong Kong, but assured that so far, authorities see no reason to be concerned.

Benzinga

Green Tea Group Looks for Room at the Listing Table With Hong Kong IPO

Key Takeaways: Popular restaurant operator Green Tea Group has been approved for a Hong Kong listing The company plans to raise $150 million, which it will spend to open 75 to 100 new restaurants each year from 2022 to 2024 By Tina Yip

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