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The Latest Breaking News from Hong Kong

Hong Kong, Shanghai fall again on China worries as other markets mixed

Hong Kong (AFP) - Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other markets fought to maintain a rally fuelled by hopes of a less hawkish Federal Reserve.

AFP

Hong Kong court convicts media tycoon Lai of fraud over lease violation

Hong Kong (AFP) - Hong Kong media tycoon Jimmy Lai was convicted on a fraud charge Tuesday, the latest in a slew of cases against the former owner of the now-shuttered pro-democracy newspaper Apple Daily.

AFP

Hong Kong, Shanghai fluctuate on China worries as other markets mixed

AFP

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HSBC profits fall on French retail impairment charge

Hong Kong (AFP) - HSBC on Tuesday said pre-tax profit slipped more than 40 percent in the third quarter, with the bank citing an impairment on the planned disposal of its retail banking operations in France.

AFP

Alibaba, JD Put Up Resistance As Hang Seng Index Falls Below 15,000 Level For 1st Time Since 2009

Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power.

Benzinga

Most Asia markets rise on Fed bets as Hong Kong, Shanghai struggle

Hong Kong (AFP) - Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other Asian markets extended gains on hopes the Federal Reserve will slow down its pace of rate hikes.

AFP

Tough odds for Macau as casinos pray for a pandemic shift

Hong Kong (AFP) - When Pinky Tam lost her job in Macau last year, she found herself among the many thousands cast adrift as the city's casino industry crumbled beneath the twin forces of politics and a pandemic.

AFP

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Megayacht sparks warnings Hong Kong could become Russia haven

Hong Kong (AFP) - The recent visit of a Russian megayacht to Hong Kong has sparked warnings from corruption investigators that the city could become a haven for oligarchs and officials hiding from Western sanctions.

AFP

Most markets up on rate hopes but China fear casts shadow

Hong Kong (AFP) - Most markets rose Monday on hopes the Federal Reserve would soon slow its pace of interest rate hikes, though the mood was darkened by worries over the China outlook after President Xi Jinping tightened his grip on power.

AFP

Most Asian markets up on rate hopes but China fear casts shadow

Hong Kong (AFP) - Most Asian markets rose Monday on hopes the Federal Reserve would soon slow its pace of interest rate hikes, though the mood was darkened by worries over the China outlook after President Xi Jinping tightened his grip on power.

AFP

Emotions run high at protest held after man 'attacked' outside Chinese consulate in Manchester

Signs were held aloft, displaying messages ranging from 'Expel China' and 'Free Hong Kong' to 'British Blood On China Hands' and 'Hang Xi Jinping'

Manchester Evening News

Hong Kong rolls out measures to attract new talent

Hong Kong's leader has rolled out a slew of measures to woo global talent but Covid-19 restrictions and the high cost of living are two major hurdles that may prevent them from remaining in the city.

Bangkok Post

Young Chinese people – tired of Hong Kong – are escaping to find peace on Peng Chau island

Jessie Pang and Tyrone Siu capture the young Hong Kongers who are seeking relief and escape from the pressure of the metropolis on an island that’s just a short ferry ride away from the city

The Independent UK

Members of disbanded Hong Kong group jailed up to 3 years for inciting subversion

Three members of a Hong Kong pro-democracy student group were sentenced on Saturday to up to three years jail for conspiracy to incite subversion, after setting up street booths that allegedly called on people to oppose the government.

Reuters

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Bangkok Post

Hong Kong jails three more young activists

 Three young Hong Kong activists were jailed on Saturday under the Beijing-imposed national security law, in the latest case of authorities taking a hardline approach toward political speech.

Benzinga

Cannabis Policy News: Australia City Decriminalizes Cocaine And Heroin, Hong Kong To Ban CBD, Missouri Legalization Ad Featuring Police Officers

Australia's Capital Decriminalizes Possession Of Small Amounts Of Heroin, Cocaine

France 24

Continental selections of contemporary art come to Paris

After the Covid-19 pandemic put many international art fairs on hold, the French capital is now host to several major events displaying contemporary pieces from around the globe. Art Basel has spread its wings beyond Miami and Hong Kong to create the first edition of "Paris +", staged at the…

AFP

Hong Kong to let Covid-hit participants of banking summit leave on own flights: official

Hong Kong (AFP) - Foreign participants at a high-profile financial summit in Hong Kong next month would be able to skip isolation and leave via "appropriate flight arrangements" if they catch Covid, a top health official said Friday.

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Benzinga

Newly profitable Kanzhun Steps Aboard Hong Kong's Dual Listing Train

Key Takeaways: Having finally turned a profit, Kanzhun has filed for a dual primary listing on the Hong Kong Stock Exchange to insure against its shares being pulled from New York

Benzinga

Domino's China Operator Makes Second Toss at Hong Kong IPO

Key Takeaways: DPC Dash, operator of the Domino’s pizza chain in China, has filed an updated prospectus to list its shares in Hong Kong The company differs from larger rival Pizza Hut in China due to its bigger focus on delivery, and also due to its earlier stage of development…

AFP

Batman screening scrapped by Hong Kong censors

Hong Kong (AFP) - A Hong Kong screening of Batman film "The Dark Knight" has been scrapped after government censors intervened, organisers said on Friday while denying that the cancellation was political.

AFP

Dollar extends gains on Fed rate hike expectations

Hong Kong (AFP) - The dollar extended gains Friday on expectations the Federal Reserve will press ahead with its programme of bumper interest rate hikes for the rest of the year.

Benzinga

Is TV Giant TCL Quietly Preparing to Privatize Its Consumer Electronics Arm?

Key Takeaways: • Under a new chairwoman, the parent of TCL Electronics has acquired more shares in the Hong Kong-listed unit, raising its stake to 54.03%

Bangkok Post

Hong Kong to ban CBD

Hong Kong will outlaw cannabidiol (CBD) by February, the government announced on Thursday, placing it in the same category as heroin, cocaine and methamphetamine with users facing hefty jail time.

The Independent UK

Yacht linked to sanctioned Russian tycoon leaves Hong Kong

A superyacht linked to sanctioned Russian tycoon Alexey Mordashov has left Hong Kong for South Africa nearly two weeks after the U.S. accused the city of operating as a safe haven for sanctioned individuals

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