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The Latest Breaking News from Hong Kong

Why Alibaba, Other Tech Peers Are Trading Higher In Hong Kong Today

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD), and <

Benzinga

De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao

Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce

Benzinga

Former Tory chairman Chris Patten slams 'moral vacuum' Boris Johnson on eve of local elections

The former governor of Hong Kong does not expect Thursday's elections to decide the PM's future, but said the "continuing pitter patter of fines" for lockdown breaches could do more damage

Chronicle Live

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EyePoint, Expands Pact With Betta Pharma For EYP-1901 In China, Posts Deeper Q1 Loss

EyePoint Pharmaceuticals Inc (NASDAQ:EYPT) executed a license agreement with Betta Pharmaceuticals Co Ltd to develop and commercialize EYP-1901 in Mainland China, Hong Kong, Macau, and Taiwan. This agreement expands the collaboration between EyePoint and Equinox Sciences, LLC, a Betta Pharmaceuticals affiliate established in February 2020. EyePoint will retain global ophthalmic rights for EYP-1901 in the…

Benzinga

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

Benzinga

Nio Down 1.6%, Xpeng Falls 3%: Why Hong Kong EV Stocks Are Slipping Today

Shares of U.S.-listed Chinese electric vehicle makers Nio Inc (NYSE: NIO), XPeng Inc (NYSE: XPEV), and Li Auto (NASDAQ: LI) traded in red

Benzinga

Why Alibaba, JD, Meituan Are Falling In Hong Kong Today

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD),

Benzinga

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Record 28 countries rated ‘very bad’ in press freedom index

Myanmar and Hong Kong among worst performers while UK ranked 24th and US 42nd

The Guardian - UK

Celebrity television chef opens new Hong Kong street food venue in Lanarkshire

Salt and Chilli Oriental opens in Hamilton on Tuesday.

Daily Record

Glasgow TV chef Jimmy Lee opens new Salt and Chilli Oriental in Lanarkshire

It's a third Salt and Chilli Oriental location for Jimmy Lee, who runs the popular Lychee Oriental restaurant in Glasgow city centre. Here's what people can expect from the new food spot.

Glasgow Live

Leading Chinese Smartphone Invites Regulatory Scrutiny In India, Shares Drop In Hong Kong

Xiaomi Corp (OTC:XIACY) (OTC:XIACF) shares lost steam in Hong Kong after India’s Enforcement Directorate alleged the second-largest smartphone vendor of “illegal remittances” and seized ~$730 million, the Financial Times reports. India’s anti-money laundering and foreign exchange crime division alleged Xiaomi’s Indian subsidiary of sending $55.51 billion ($725 million) of foreign currency payments…

Benzinga

Hong Kong plummets in latest press freedom ranking

RSF warns against media polarisation ‘fuelling division within countries’

The Independent UK

Hong Kong economy shrinks 4% under anti-virus controls

Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in March after the Chinese territory shut restaurants and other businesses to fight a spike in coronavirus infections

The Independent UK

Hong Kong plunges to 148th in world press freedom rankings

Asia’s one-time bastion of free speech has been battered by national security legislation, says media watchdog.

Al Jazeera

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Bangkok Post

Hong Kong weather expert calls coldest day in May for more than 100 years 'good sign'

HONG KONG: Hong Kong recorded its coldest day in May for more than a century on Monday morning, according to the city's weather forecaster, with a veteran meteorologist saying it was a "good sign" amid climate change fears.

Benzinga

Nio, Other China Tesla Rivals Fall: What's Weighing On Hong Kong EV Stocks Today

Shares of U.S.-listed Chinese electric vehicle makers Nio Inc (NYSE: NIO), XPeng Inc (NYSE: XPEV), and Li Auto (NASDAQ: LI) traded i

Al Jazeera

Hong Kong to open beaches, extend nightlife as COVID curbs ease

Financial hub’s coronavirus restrictions have battered business and prompted tens of thousands of residents to leave.

Benzinga

Why Alibaba, Most Other Tech Peers Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech giants, which led the rally in previous sessions, were a mixed bag on Tuesday in Hong Kong as the market opened after a long weekend.

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Reuters

Hong Kong to further ease COVID curbs, bars to stay open until 2 a.m

Hong Kong will further ease COVID-19 restrictions, allowing bars to open until 2 a.m. and raising the number of diners permitted at a table to eight from four, as cases in the global financial hub continue to ease, leader Carrie Lam said on Tuesday.

Al Jazeera

‘Not a businessman’: Hong Kong’s next chief faces test on economy

John Lee to take over business hub as economy languishes after two years of political crackdowns and pandemic controls.

Bangkok Post

T1 giants Pathum to meet Kitchee in last 16 of ACL

Thai League 1 side BG Pathum United will face history-makers Kitchee SC from Hong Kong in the last-16 round of the AFC Champions League.

Bangkok Post

TAT aims to rekindle East Asian market

As many destinations relax travel requirements to welcome a new flow of tourists after two years of battling the Covid-19 pandemic, some East Asian nations remain vigilant with strict Covid-19 arrival rules.

Daily Mirror

Employees told they can work from home for good but only if they take a 20% pay cut

A law firm with more than 1,000 employees has said staff in Paris, Greece, Hong Kong, Singapore and South Korea will be able to opt in for permanent remote working - but it comes at a price

Reuters

Solomon Islands to supervise Chinese police operating there -official

China's police presence under a new security pact will boost the capabilities of the Solomon Islands but they will not use techniques seen in Hong Kong, the Pacific island country's top diplomat to Australia said in a radio interview on Monday.

Reuters

Outspoken market analyst's Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in mainland equities to two-year lows on COVID-19 lockdowns and global political tensions.

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