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The Latest Breaking News from Hong Kong

Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

The Independent UK

Hangzhou Asian Games | A 41-year old medal drought ends in equestrian gold, riding on a quartet of youngsters

Asian Games 2022: India won a gold in the team dressage, breaking 41-year jinx. Divyakriti Singh, Hriday Vipul Chhed & Anush Agarwalla won gold with 209.205 pts. China 2nd (204.882 pts), Hong Kong 3rd (204.852 pts). India last won gold in equestrian in 1982 Asian Games.

The Hindu

Where the Wind Blows review – a heady mix of gangster lore, lust and lawlessness

Hong Kong stars Aaron Kwok and Tony Leung Chiu-wai play corrupt police officers in Philip Yung’s ambitious but over-the-top crime epic

The Guardian - UK

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Hong Kong’s SFC Enhances Transparency Amid Crypto Scandal

Securities and Futures Commission takes decisive steps to strengthen investor protection and information dissemination.

Zenger

The chairman of Hong Kong's leading journalist group found guilty of obstructing a police officer

The chairman of Hong Kong’s leading journalist group has been found guilty of obstructing a police officer in a case that sparked concerns about the city’s declining press freedom

The Independent UK

Bankrupt Crypto Exchange FTX Takes Legal Action Against Former Associates Over $157.3 Million Withdrawal

FTX alleges illicit withdrawals made by former associates of Salameda, under the control of ex-CEO Sam Bankman-Fried.

Zenger

Jimmy Lai's son fears media mogul may die in detention while awaiting trial

The son of jailed Hong Kong media mogul and prominent pro-democracy activist Jimmy Lai says he doesn't want to see his father die in detention, as his lawyers raised the prospect that his long-delayed trial may be pushed back indefinitely

The Independent UK

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Crypto Fraudsters Arrested In Hong Kong, Over A Billion Dollars In Assets Frozen

Hong Kong authorities detained 8 individuals in connection with the crypto platform JPEX on charges of conspiracy to defraud

Zenger

Hong Kong may be warming to crypto, but rules are rules: A crypto influencer and 5 others were just accused of ‘conspiracy’

The city began allowing some crypto trading in June under a new licensing system.

Fortune

China tells foreign consulates in Hong Kong to provide personal data of all local staff

China’s Foreign Ministry has asked all foreign consulates in Hong Kong to provide the personal details of their locally employed staff, as Beijing tightens its control over the semi-autonomous city

The Independent UK

As extreme downpours trigger flooding around the world, scientists take a closer look at global warming's role

Torrential downpours sent muddy water racing through streets in Libya, Greece, Spain and Hong Kong in early September 2023, with thousands of deaths in the city of Derna, Libya. Zagora, Greece, saw a record 30 inches of rain, the equivalent of a year and a half of rain falling in…

The Conversation

Hong Kong to tighten regulation of cryptocurrencies after arrests linked to JPEX trading platform

Hong Kong’s leader has said the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city

The Independent UK

AI Startup 4Paradigm Aims to Raise $113 Million in Hong Kong IPO

Long-awaited share sale values the Beijing-based company at $3.3 billion to $3.6 billion with stock to begin trading Sept. 28

Caixin Global

Tennis | Srishti Kiran wins Asian under-12 title

Srishti Kiran led India to victory in the Asian U-12 Tennis Championship, winning both her singles and doubles matches. She beat Pin Tsen Chou 6-4, 6-7(1), 6-4 and partnered Karthika Padmakumar to beat Tsai Jung Chiang & Chen Yun Tsai 7-6(9), 6-1. The Indian boys, however, lost 2-0 to Hong…

The Hindu

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Autosport

Mortara leaves Maserati MSG Formula E team after six years

The Swiss-Italian driver joined the team in 2017 under its then-current guise of Venturi and took to the podium in only his second outing in Hong Kong.

The Conversation

France launches bird vaccination scheme, amid fears of a repeat of H5N1 outbreaks

Of all the recently emerging and potentially pandemic viruses, the highly pathogenic avian influenza (HPAI) virus H5N1 is one of the fiercest. First detected in Hong Kong in 1997, it spread to the rest of the world with a mortality rate of 60% when transmitted from birds to humans. The…

The Independent UK

Northern Ireland could become for UK/EU what Hong Kong was for Asia – Gove

The Levelling Up Secretary made his remarks as he closed an investment conference in Belfast.

The Guardian - UK

Exiled Chinese dissidents alarmed by ‘spy’ arrest of Westminster researcher

Activists call for reassurances to be given to those who gave information to parliamentarians

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The Guardian - AU

Hong Kong’s multimillion dollar cliffside mansions on brink of collapse after record rains

Police cordon off some properties in Redhill Peninsula and evacuate at least one after typhoon Haikui brought extreme weather

Fortune

This Beam Suntory exec has worked in Russia, Slovakia, and Hong Kong

Today, Jessica Spence is president of North America for the company behind Jim Beam.

Newslaundry

Daily Dose Ep 1450: G20 leaders arrive in Delhi, BJP wins 3 seats in bypolls

Gurmehar Kaur brings you the news from New Delhi, Tamil Nadu, Uttar Pradesh, Karnataka and Hong Kong.

Evening Standard

Hong Kong swamped by record rain flooding roads and subway stations

Record-breaking rainfall in Hong Kong and southern China has flooded streets and subway stations, halting transportation and forcing schools to close.

The Guardian - AU

Afternoon Update: Hong Kong’s heaviest rain in 139 years; faulty seatbelt cameras in Queensland; and climate activists halt US Open

City records 158mm of rain in an hour, causing widespread flooding and disrupting road and rail traffic

The Independent UK

Rain pouring onto Hong Kong and southern China floods city streets and subway stations

Rain pouring onto Hong Kong and southern China overnight flooded city streets and some subway stations, halting transportation and forcing schools to close

The Independent UK

Hong Kong closes schools as torrential rain floods streets, subway station

Hong Kong has closed schools and halted trading on the stock exchange as torrential rain lashed the city overnight, flooding streets in parts of the city and an underground subway station

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