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The Latest Breaking News from Hong Kong

Seoul leads Asian market sell-off as tech stocks dive

HONG KONG - The Kospi in South Korea plunged 10% as tech shares took a battering on another black day for Asian stock markets, with a report of a breakthrough in China’s chip industry compounding worries about the longevity of the AI boom.

Bangkok Post

Global Market: Zhongji Innolight raises $6.81 billion in Hong Kong listing, Asia’s second-biggest IPO of 2026

Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the city’s largest equity offering in nearly seven years. The AI infrastructure supplier plans to use the proceeds for R&D, manufacturing expansion and acquisitions, with trading set to begin…

The Economic Times

Gold slips as firm dollar weighs; focus turns to Fed meeting

Gold prices edged lower as the dollar strengthened, impacting bullion values. Markets are closely watching the Federal Reserve's upcoming policy decision for rate clues. President Trump urged the Federal Reserve to lower interest rates for the United States. China's gold imports via Hong Kong saw a significant year-on-year increase in…

The Economic Times

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Wu Chi-wai: Hong Kong democracy activist allowed to stay in UK for 6 months

Wu was one of 47 activists charged in 2021 in Hong Kong’s biggest case under a Beijing-imposed security law

The Independent UK

UK to review deportation order for former Hong Kong opposition leader Wu Chi-wai

The former leader of the now-defunct Democratic Party had come to Britain last week to be reunited with his wife and son, after he was released from jail in June

The Independent UK

Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuation

While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.

The Economic Times

Hong Kong high-rises see scaffolding give way ahead of Typhoon Noul

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The Independent UK

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What is Falun Gong and why does the Chinese Communist Party want to suppress it?

I joined members of the Falun Gong spiritual movement at Chatter Park in Hong Kong on May 13, 2000, as they celebrated World Falun Dafa Day. The annual event commemorates the anniversary of the day the group claims its leader, Li Hongzhi, first made Falun Gong practices public.

The Conversation

Shein will struggle to justify $40-50 billion Hong Kong IPO valuation

Revenue rose 8% to $41.8 billion in ‌2025, but net income ⁠fell 39% ⁠to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed. While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable…

The Economic Times

Scaffolding collapses from high-rise building as Typhoon Noul looms over Hong Kong

Scaffolding on a Hong Kong high-rise building under construction collapsed as it was lashed by high winds brought about by the incoming Typhoon Noul.

The Independent UK

Global Market: Shein slips to quarterly loss as US tariff changes weigh on sales ahead of Hong Kong IPO

Fast-fashion giant Shein reported a $99 million loss in Q1 2026, hit by slowing sales after the US ended duty exemptions for low-value imports and a one-time accounting charge. The disclosure came in the company’s draft prospectus ahead of its planned Hong Kong IPO, though details on the issue size…

The Economic Times

Stranded tourists evacuated from China's famed Jiuzhaigou World Heritage site after mudslides, heavy rain

HONG KONG - China ⁠evacuated ⁠stranded tourists from the Unesco World Heritage site of Jiuzhaigou on Monday after mudslides triggered by heavy rain, state broadcaster CCTV reported, as authorities issued ‌the highest flash-flood alert for parts of the country in the wake of Typhoon Noul.

Bangkok Post

2,000 passengers stranded overnight at Hong Kong airport due to Typhoon Noul

About 2,000 passengers were stranded overnight at Hong Kong International Airport as Typhoon Noul battered the city, with some dismayed by their disrupted journeys while others complained about hotel room rates that had risen from HK$2,000 (8,600 baht) to HK$3,000 per night.

Bangkok Post

Yes, the Hong Kong of old is over

Hong Kong deserves credit for putting up a fight. In the nearly two and a half years since I expressed the apparently controversial opinion that Hong Kong is "over", the city's boosters have orchestrated a determined campaign to prove otherwise.

Bangkok Post

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International Business Times UK

Shein Hit by Tariff Shock as Hong Kong IPO Filing Reveals $99 Million Loss

Shein has disclosed a $99m quarterly loss in Hong Kong IPO filings as US tariff changes and higher costs test its ultra‑cheap fashion model.

The Independent UK

A Hong Kong democracy activist's long-awaited London reunion may be cut short

Former pro-democracy lawmaker Wu Chi-wai has reunited with his family in London after more than five years in a Hong Kong prison

The Economic Times

Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO

The retailer won approval from the China Securities Regulatory Commission ⁠for its ‌Hong Kong listing on July 10, clearing the way for ⁠a listing after failed attempts in New York and London.

The Times of India

The Chinese bahaba, a critically endangered fish nicknamed the 'Panda of the Sea,' was missing from Hong Kong for over a decade, until its DNA gave it away

A recent study has confirmed the presence of the rare Chinese bahaba in Hong Kong's waters through genetic material extracted from seawater. Nicknamed the 'Panda of the Sea,' this critically endangered fish had evaded scientific capture for over ten years. Researchers utilized cutting-edge environmental DNA technology, revealing traces of the…

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The Times of India

Baby crib sent flying, 800,000 flee: Typhoon Noul hits China, 10 dead; scary visuals emerge

Typhoon Noul made landfall in southern China's Guangdong province early Sunday. More than 800,000 people were relocated to safer areas in Guangdong. Hong Kong experienced significant transport chaos with hundreds of flights cancelled. Dramatic videos of the storm's impact quickly went viral on social media. The typhoon weakened inland but…

Bangkok Post

Typhoon Noul hits southern China, 700,000 evacuated

HONG KONG - Typhoon Noul will dump heavy to torrential rain across much ‌of southern China for two days after sweeping the province of Guangdong and neighbouring Hong Kong with gale-force winds, following landfall on Sunday, forecasters said.

Sports Illustrated

2026–27 Premier League Preseason: Full List of Fixtures, Results

Premier League sides are already flexing their muscles ahead of the 2026–27 campaign.

The Independent UK

Southern China on alert for Typhoon Noul as Hong Kong cancels flights

Typhoon Noul is battering southern China and Hong Kong with winds and heavy rain

The Independent UK

Typhoon Noul puts southern China on high alert for heavy rain and wind

Hong Kong’s Observatory says Noul was moving on Saturday steadily across the northeastern part of the South China Sea

Caixin Global

The Week Ahead (July 27-Aug. 2): CXMT Set for STAR Market Debut in Board’s Largest IPO

Zhongji Innolight plans Hong Kong’s largest listing this year; the U.S. Federal Reserve holds key interest-rate meeting

Bangkok Post

Malaysia's resource anxiety tests Asia's fastest data centre build-out

HONG KONG/JOHOR, Malaysia - After leapfrogging Singapore to become the region's fastest-growing data centre hub, Malaysia is facing intensifying scrutiny as the resources debate that has complicated the industry's growth spreads to emerging Asia.

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