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The Latest Breaking News from Hong Kong

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.

Bangkok Post

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

Hong Kong (AFP) - Most Asian markets enjoyed some respite Wednesday 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 interest…

AFP

Hong Kong risks exodus over extended COVID isolation, Euro chamber says

Hong Kong may not reopen until early 2024 because of its strict COVID-19 policies, which could trigger an exodus of foreign firms and staff and jeopardise the city's role as a financial hub, its European Chamber of Commerce said in a draft report.

Reuters

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Hong Kong may maintain Covid isolation until 2024

Hong Kong may only reopen in early 2024 because of its stringent Covid 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.

Evening Standard

Nio Said To Be Exploring Secondary Listing In Singapore Amid Hong Kong Delay

U.S. listed Chinese electric vehicle maker Nio Inc (NYSE: NIO) is exploring a secondary listing in Singapore as early as this year, cnEVpost reported.

Benzinga

Why Alibaba, Baidu And Other Tech Stocks Are Rebounding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory. Why Is It Moving? The Hang Seng Index was up 0.2% at the time of writing — rising after two straight days of losses — amid optimism…

Benzinga

Asian markets enjoy much-needed rally as Fed's big day arrives

Hong Kong (AFP) - Asian markets enjoyed some respite Wednesday 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 interest rates.

AFP

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China offers Hong Kong COVID test help as outbreak spreads

China has offered Hong Kong help to ramp-up a mass-testing blitz to stem an omicron outbreak in the financial hub, the city’s leader said, adding that broader lockdowns were not yet necessary.

Tribune News Service

When the CCP Threatens International Students' Academic Freedom

Pandemic-era technologies like Zoom hold great promise, but also create unexpected problems for international students sent back to their home countries.

Reason

Tencent-Backed Car Maintenance Startup Eyes Hong Kong Listing

Shanghai-based Tuhu is looking to build up capacity amid growing demand in the world’s largest auto market

Caixin Global

Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels

HONG KONG: Beleaguered Hong Kong carrier Cathay Pacific's passenger capacity is forecast to remain at just 2% of pre-pandemic levels, hampered by the city's strict Covid-19 travel curbs, while rivals such as Singapore Airlines recover to almost 50%.

Bangkok Post

Asia markets dive as volatility sweeps globe ahead of Fed meeting

Hong Kong (AFP) - Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.

AFP

Hong Kong virus cluster in housing prompts partial lockdown

Hong Kong has expanded a partial lockdown and tightened pandemic restrictions after more than 200 cases of COVID-19 were discovered at a public housing estate

The Independent UK

Face time: 'Solemn' Hong Kong leader ditches mask to show how she feels about COVID

Hong Kong leader Carrie Lam on Tuesday defended herself against criticism for not wearing a mask at newsconferences, saying it was so people could see how "solemn" she was when talking about the coronavirus.

Reuters

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Benzinga

Why Are Alibaba, Baidu And Other Tech Stocks Extending Losses In Hong Kong

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Tuesday, dragging the benchmark Hang Seng Index into negative territory for the second straight day. Why Is It Moving? The Hang Seng Index was down 1.4% at the time of writing, as investors remained cautious ahead of…

AFP

Asian markets tumble as volatility sweeps globe ahead of Fed meeting

Hong Kong (AFP) - Asian markets tumbled Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.

AFP

Hong Kong's top judge dismisses concerns about rule of law

Hong Kong (AFP) - Hong Kong's chief justice on Monday defended the handpicking of judges to hear controversial national security cases, dismissing "unsubstantiated" concerns about the rule of law in the Chinese finance hub.

Reuters

Hong Kong's top judge defends city's rule of law in face of international concern

Hong Kong's top judge on Monday said the city's vaunted judicial independence was "a fact", acknowledging international and local concerns as prosecutions mount under a Chinese-imposed national security law.

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AFP

Cathay Pacific says 'cash burn' will worsen over Hong Kong curbs

Hong Kong (AFP) - Cathay Pacific is poised to lose nearly $200 million a month from February, the embattled Hong Kong carrier reported Monday, as the city's Covid-19 restrictions have seen cargo flights slashed.

AFP

Markets follow Wall St down as traders eye Fed meeting

Hong Kong (AFP) - Most markets sank in Asia and Europe on Monday following another painful sell-off on Wall Street, with investors' focus on the Federal Reserve's next policy meeting this week, where officials are expected to unveil their plans to battle soaring inflation.

Wales Online

Dr Hilary Jones tells GMB viewers risk of human Covid-19 transmission to pets is 'very unlikely'

Hong Kong plans cull of thousands of hamsters and other small animals

The Guardian - UK

Testing for fully vaccinated travellers to UK to be scrapped; new vaccine pass rules in France – as it happened

UK transport secretary says testing rules for travellers into country will change from 4am on 11 February; new France rules come into force

AFP

Asian markets follow Wall St down as traders eye Fed meeting

Hong Kong (AFP) - Most markets sank in Asian trade Monday following another painful sell-off on Wall Street, with investors' focus on the Federal Reserve's next policy meeting this week, where officials are expected to unveil their plans to battle soaring inflation.

AFP

Single hamster handed over for Hong Kong Covid cull tests positive

Hong Kong (AFP) - Hong Kong authorities said Sunday that one of 77 hamsters handed in by pet owners for a Covid cull has tested positive, as thousands of city residents remain under lockdown to combat an outbreak.

The Guardian - UK

74,799 more cases reported in UK; Russia breaks daily infection record – as it happened

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