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The Latest Breaking News from Hong Kong

Hong Kong braces for lockdown as daily cases breach 55,000

Hong Kong reported a record of more than 55,000 daily new infections on Wednesday as the city’s spiraling outbreak sees thousands of residents flee while those remaining strip shelves of food and medicine.

Tribune News Service

European countries dominate half of Asian shark fin trade, report reveals

Despite nearly a third of shark species nearing extinction, Spain supplied 51,000 tonnes of shark fins from 2003-20, says IFAW

The Guardian - UK

Hong Kong reports record cases; movements may be restricted

Hong Kong’s leader says people’s movements may be restricted during mandatory testing this month of the entire population for the coronavirus, as health officials reported more than 55,000 daily infections, a new record, and over a hundred deaths

The Independent UK

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Key Hong Kong businessman urges clear govt messages amid COVID lockdown fears

The international reputation of Hong Kong as a financial hub has been "very damaged", prominent businessman and government adviser Allan Zeman said on Wednesday, as authorities' confusing messages over their coronavirus strategy spread alarm.

Reuters

The rise and rise of Nutcharut 'Mink' Wongharuthai

HONG KONG: As a child, Nutcharut 'Mink' Wongharuthai reluctantly hung around after school waiting for her mum to finish working at a Thai snooker hall. But fast forward a dozen years and the 22-year-old is now the world women's snooker champion - an unlikely sporting ascent which has put her…

Bangkok Post

In Hong Kong, a Ukrainian eatery inspires solidarity, resistance

Hong Kong residents see echoes of their pro-democracy struggle in Ukraine’s resistance against Russia.

Al Jazeera

Ex-chief of Hong Kong barristers says he left city after police interview

A British human rights lawyer and former head of Hong Kong's Bar Association said he left the city on Tuesday evening, hours after China's state-backed media said he was summoned to a local police station and interviewed by national security police.

Reuters

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Amid Ukraine crisis, China’s ‘Zero COVID’ weighs on global growth

Beijing’s strict pandemic policies add to supply chain and inflation risks amid economic fallout of war in Ukraine.

Al Jazeera

This US-Listed Tech Stock Has Shot Up 7% Today In Hong Kong, Outperforming Alibaba And Others

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Wednesday, even as the benchmark Hang Seng Index opened lower.

Benzinga

Coronavirus updates | March 2, 2022

Mr. Morrison said he would continue to discharge his duties as Prime Minister while in isolation and co-ordinate his government’s response to the war in Ukraine.

The Hindu

Hong Kong urges calm as residents fret over COVID measures

Any decision to impose a COVID-19 lockdown in Hong Kong will take into account the global financial hub's status and ensure basic needs, the government said on Wednesday, urging anxious residents who thronged supermarkets this week to stay calm.

Reuters

I-Mab Co-founds a SPAC: What's Up With That?

Key Takeaways: Vivere Lifesciences Acquisition Corp., whose co-founders include U.S.-listed I-Mab, could become the first Hong Kong SPAC backed by a U.S.-listed Chinese company The SPAC is targeting Chinese or multinational companies with Chinese operations in the health sector By Fai Pui

Benzinga

Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely

Key takeaways: • iClick said its enterprise solutions business more than doubled last year, and is expected to deliver more ‘strong growth’ for the next three years

Benzinga

'China's Warren Buffet' Places Orders For Over $5M Tencent's Shares

A mainland billionaire investor has placed heavy orders on Tencent Holdings Ltd (OTC:TCEHY), Bloomberg reports. Duan Yongping, a billionaire entrepreneur dubbed China's Warren Buffet by Chinese media, has placed orders for more than $5 million of Tencent's U.S. listed shares. The share prices rallied in Hong Kong, making up for some of the…

Benzinga

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Daily Mirror

Domestic workers left homeless after being fired and kicked out for contracting Covid

Live-in workers in Hong Kong have reported being refused entry into their employers' homes after being struck down with the virus - with some left sleeping on the streets or in parks in desperation

Inverse

You need to stream the best sci-fi movie on Netflix that explains Marvel's multiverse

Before Marvel and DC, there was Jet Li. In 2001, 'The One' pitted the Hong Kong star against himself in a sci-fi romp with nu metal bangers.

Al Jazeera

Hong Kong’s leader urges calm as lockdown fears spur panic buying

Residents strip supermarket shelves bare amid fears of compulsory isolation and family separations.

Reuters

Hong Kong residents empty supermarkets ahead of city-wide lockdown

Hong Kong residents braced for a city-wide lockdown, emptying supermarkets and pharmacies, even as leader Carrie Lam called for calm on Tuesday and appealed for the public not to worry over a compulsory mass COVID-19 testing plan.

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Benzinga

Alibaba Dips While Tesla Rivals Li Auto, Xpeng Strike Gains In Mixed Hong Kong Market

Shares of U.S.-listed Chinese tech companies — with the exception of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) — traded higher in Hong Kong on Tuesday, even as the benchmark Hang Seng Index drifted lower after a positive start.

Reuters

Hong Kong leader calls for calm, after supermarkets emptied ahead of mass COVID testing

Hong Kong's leader Carrie Lam called for calm on Tuesday after residents emptied supermarkets, stocking up on produce ahead of reports of compulsory mass COVID-19 testing and rumours of a city-wide lockdown.

Reuters

U.S. CDC says unvaccinated travelers should avoid Hong Kong travel

The U.S. Centers for Disease Control and Prevention (CDC) on Monday recommended unvaccinated travelers avoid travel to Hong Kong over rising COVID-19 cases.

Caixin Global

Ping An’s Fintech Unit Files for Hong Kong Share Trading

OneConnect proposes listing its New York-traded stock in the city without selling fresh shares or raising funds

Benzinga

What Nio Investors Should Know About Imminent Hong Kong IPO: Secondary Listing, No Stock Sale, Singapore Plans And More

Nio, Inc.'s (NYSE: NIO) Hong Kong initial public offering plan is finally falling into place.

Caixin Global

Russia’s military operation in Ukraine has sent shockwaves across the globe

Caixin Global

China Merchants Bank to Join Greater Bay Area Testing Ground for Fintech

Subsidiary of lender will try out AI-backed identity verification tool on mainland customers who open Hong Kong-dollar accounts

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