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The Latest Breaking News from Hong Kong

Why Alibaba Is Rising Today Even As Tech Peers Extend Losses In Hong Kong

Shares of U.S.-listed Chinese tech companies — with the exception of Alibaba Group Holding Limited (NYSE: BABA) — extended losses in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory for a second straight day.

Benzinga

Hong Kong cuts foreign arrival quarantine from 21 to 14 days

Hong Kong is cutting the length of mandatory quarantine for people arriving from overseas from 21 to 14 days, even as the southern Chinese city battles a new surge in COVID-19 cases

The Independent UK

'Whack-a-mole': Experts call Hong Kong's zero-COVID policy unsustainable

With thousands of people locked down in tiny apartments, government quarantine centres filling up and many businesses shuttered, Hong Kong is scrambling to sustain a zero-COVID policy that has turned one of the world's most densely packed cities into one of the most isolated.

Reuters

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North Korea confirms four missile launches as barrage continues

HONG KONG — North Korea says it tested four missiles this week to boost deterrence against its foes and pledged to keep developing more powerful warheads, a state media report said, as Pyongyang continues to fire off one of the biggest barrages since Kim Jong Un took power a decade…

Tribune News Service

Asian markets mixed as torrid week draws to close

Hong Kong (AFP) - Asian markets were mixed on Friday, at the end of a broadly damaging week for global investors as the Federal Reserve gave notice that the days of ultra-cheap cash were coming to an end quicker than some had envisaged.

AFP

Hong Kong cuts Covid quarantine to 14 days but UK flight ban remains

Hong Kong will reduce quarantine for travellers from 21 days to 14 days next week but flights from the UK will still be banned.

Evening Standard

Jiangsu Recbio Shoots To Become Hong Kong's First HPV Vaccine Stock

Key takeaways: Jiangsu Recbio has filed a second IPO application to list in Hong Kong, hoping to become the first HPV vaccine maker in the market The company was valued at around 9 billion yuan after its latest funding round By Molly Wen

Benzinga

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Hong Kong shortens on-arrival quarantine from three weeks to two

Hong Kong (AFP) - Hong Kong on Thursday shortened the mandatory quarantine for international travellers from three weeks to two, even as the city struggles to contain virus outbreaks involving Omicron and Delta variants.

AFP

Hong Kong to cut quarantine for arrivals to 14 days from next month

(Refiles to fix typo in paragragh 4)

Reuters

Markets tumble as Fed signals end of pandemic-era cheap cash

Hong Kong (AFP) - Equity markets tanked Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by Federal Reserve boss Jerome Powell, who signalled the bank would begin lifting interest rates in March.

AFP

Asian markets slump as Fed signals end of pandemic-era cheap cash

Hong Kong (AFP) - Equity markets tanked in Asia on Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by Federal Reserve boss Jerome Powell, who signalled the bank would begin lifting interest rates in March.

AFP

Boosters increase protection against death from Omicron in over-50s to 95% – UKHSA; UK records 338 deaths – as it happened

Protection against death increases to around 95% two weeks after receiving a booster dose, UK health agency says; UK reports another 96,871 Covid cases

The Guardian - UK

From Tiananmen to Hong Kong, China's crackdowns defy critics

From the crushing of Beijing’s 1989 pro-democracy protests to the suppression of Hong Kong’s opposition four decades later, China’s Communist Party has demonstrated a determination and ability to stay in power that is seemingly impervious to Western criticism

The Independent UK

Why Alibaba And Other Tech Stocks Are Dragging The Hang Seng Index Lower Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Thursday, dragging the benchmark Hang Seng Index into negative territory.

Benzinga

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AFP

Asian markets drop as Fed signals end of pandemic-era cheap cash

Hong Kong (AFP) - Equity markets tumbled in Asia on Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by Federal Reserve boss Jerome Powell who signalled the bank would begin lifting interest rates in March.

Al Jazeera

‘Assumed as criminals’: Hong Kong defendants find bail elusive

Courts are taking a more stringent approach to bail, leaving many behind bars even before their trial begins.

Benzinga

New Energy Lands as Hottest Category Among Chinese Concept Stocks in 2021 – Bamboo Works Special Report

Investors kept a close look at China’s solar and wind power stocks last year, but were least interested in the hobbled education sector By Bamboo Works team

The Guardian - UK

British judges have no place in Hong Kong

Letters: British judges are lending credibility to an increasingly anti-democratic justice system in Hong Kong, argues Siobhain McDonagh

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AFP

Hong Kong ex-lawmaker jailed for revealing police graft probe

Hong Kong (AFP) - A former Hong Kong lawmaker was jailed Wednesday for exposing an anti-graft probe into a senior police officer's handling of a mob attack on democracy protesters in 2019.

Caixin Global

Beijing Urges Integration of Shenzhen, Hong Kong, Macao Insurance Markets

Regulators have been working to develop a connect program in a bid to solve problems in cross-border services

AFP

Hong Kong transgender men lose court case on ID cards

Hong Kong (AFP) - Trans people in Hong Kong will not be allowed to have their gender officially recognised on their identity documents unless they undergo sex reassignment surgery, a court ruled on Wednesday.

Bangkok Post

Hong Kong may maintain Covid isolation until 2024, 'risking exodus'

HONG KONG: Hong Kong may only reopen in early 2024 because of its stringent Covid-19 policies, which could trigger an exodus of foreign firms and staff and jeopardise its role as a financial hub, the city's European Chamber of Commerce said in a draft report.

AFP

Most markets see much-needed gains as Fed's big day arrives

Hong Kong (AFP) - Most markets rose Wednesday to provide some respite from the hefty selling at the start of the week, with focus on the end of the Federal Reserve's policy meeting later in the day, when traders hope it will provide much-needed guidance on its plans for hiking…

Reuters

Hong Kong security chief says new laws will reflect "importance of spies"

Hong Kong's security chief said on Wednesday that his government would strengthen laws against espionage as part of extra national security legislation now being drafted.

Bangkok Post

Hotels in Asia-Pacific likely to see surge in investment as Covid-19 restrictions ease

HONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.

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