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The Latest Breaking News from John Lee

In Hong Kong, world bankers urged not to 'bet against' China

Chinese regulators have downplayed risks from the country's real estate slump and slowing growth at a financial conference in Hong Kong

The Independent UK

Hong Kong, struggling to revive hub status, sells 'China advantage' to global banks

Hong Kong and Chinese officials on Wednesday touted the city's connection to the world's second-largest economy as they looked to restore its reputation as a global financial hub after years of punishing COVID crackdowns.

Reuters

Cyclone, absences threaten to dull Hong Kong finance meeting

A tropic storm and absences of VIP guests are casting a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel

The Independent UK

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Deep in recession, Hong Kong eyes comeback with rugby, bank meet

The financial centre is hoping to convince the world it is back in business after nearly three years of pandemic curbs.

Al Jazeera

Covid-19 Rules Take Shine Off Hong Kong's Bid to Reopen

Hong Kong will attempt to show it is back in business with a financial summit and premier rugby tournament this week, as strict pandemic controls have led to an exodus of talent and business from the city.

Bangkok Post

Wall Street accused of whitewashing China crackdown in Hong Kong

Activists and US legislators say banking summit being used to legitimise the dismantling of city’s freedoms.

Al Jazeera

World leaders express sadness after Seoul stampede kills 151

World leaders have expressed sadness and condolences after at least 151 people were killed in a crowd surge Saturday night in Seoul, South Korea

The Independent UK

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Nevada state lawmaker says adopted son shot and wounded nephew at her home

“He was a child who witnessed violence early in life and he needed a strong, loving and supportive home in which to grow up” Pat Spearman told reporters this week

The Independent UK

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

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.

Bangkok Post

Russian oligarch's luxury yacht departs Hong Kong port

A luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov departed Hong Kong waters on Thursday heading for the South African port of Cape Town, according to private tracking site MarineTraffic.

Reuters

Hong Kong leader aims to attract talent but vows further crackdown

John Lee pledges to enact anti-subversion law while emphasising need to alleviate brain drain

The Guardian - UK

Hong Kong launches $3.8bn fund to attract foreign businesses back

Chief executive says territory will ‘trawl world for talent’ after lockdowns and political unrest cause brain drain

The Guardian - UK

Hong Kong’s Lee lauds order after ‘chaos’ in sales pitch for city

Chief Executive John Lee says city authorities will ‘trawl’ the world for talented individuals and new enterprises.

Al Jazeera

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The Independent UK

Hong Kong offers new visa to woo talent amid brain drain

Hong Kong’s leader has unveiled a new visa scheme to woo global talent, as the city seeks to stem a brain drain that has risked its status as an international financial center

Reuters

Hong Kong leader John Lee delivers his maiden policy address

Hong Kong's new leader John Lee delivered his maiden policy address annual policy address on Wednesday, mapping out his priorities for the former British colony which returned to Chinese rule in 1997.

Reuters

Hong Kong leader prioritises talent, security in first policy address

Making his first policy address on Wednesday, Hong Kong Chief Executive John Lee prioritised improving competitiveness and attracting more overseas talent, while also stressing the need to bolster national security in the Chinese ruled city.

Benzinga

Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee's Policy Speech

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee.

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Reuters

Hong Kong leader aims to bolster prosperity, lure talent in policy address

Hong Kong leader John Lee will on Wednesday deliver his inaugural policy address that is expected to focus on reviving the city's credentials as an international business hub and on housing after extended COVID lockdowns and political upheaval.

Reuters

UK tells Chinese envoy that peaceful protest must be respected

Britain told China's Charge d'Affaires in London that the right to peaceful protest must be respected, after he was summoned to explain an incident in which a protester was seen being pulled into the grounds of a Chinese consulate and beaten.

Bangkok Post

Hong Kong tries to stop brain drain

HONG KONG: Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that has threatened the city’s status as an international financial hub.

Bangkok Post

Hong Kong eyes property tax cut, visa moves to reverse Covid brain drain

Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that’s threatened the city’s status as an international financial hub.

The Independent UK

Live Updates: Russia-Ukraine War

Ukraine’s State Emergencies Service says that 19 people were killed and 105 others were wounded in Monday’s Russian missile strikes across Ukraine

Al Jazeera

Hong Kong leader says ‘no legal basis’ to seize Russian megayacht

John Lee says financial hub will only enforce UN sanctions after yacht linked to Russian tycoon anchors in city.

Reuters

Hong Kong leader says "no legal basis" to act on Russian superyacht

Hong Kong leader John Lee said on Tuesday there was "no legal basis" for the city to act on Western sanctions, when asked about a Russian yacht berthed in the financial centre that belongs to a sanctioned Russian oligarch.

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