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The Latest Breaking News from Hong Kong

Hong Kong SPAC Market Wilts as Global Fever Ebbs

Key Takeaways: Only three Hong Kong SPACs have listed since the city launched a local program early this year, and all now trade below their listing prices U.S. SPACs have raised $12.5 billion so far this year, less than 10% of what they raised in 2021, as the global SPAC…

Benzinga

In Hong Kong, public grief over Queen doubles as dissent

Hundreds of Hong Kong residents are lining up in front of the British Consulate General for hours each day to pay their respects to Queen Elizabeth II, leaving piles of flowers and handwritten notes

The Independent UK

Cathay Pacific sees clearer skies

Cancellation of the mandatory quarantine in Hong Kong is the key to recovery for Cathay Pacific as the airline has prepared both seat capacity and is recruiting more air crew for business resumption.

Bangkok Post

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Hong Kong facing wave of restaurant closures

HONG KONG: Hong Kong is facing a wave of restaurant closures with landlords chasing about 8,000 businesses over unpaid rent, and the sudden collapse of a bakery chain signalling the first of such potential shutdowns.

Bangkok Post

Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What's Weighing On Hong Kong Stocks Today

Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.

Benzinga

Enjoy the view: Hong Kong's Peak Tram reopens

After undergoing a massive facelift, Hong Kong's iconic Peak Tram has reopened to take travellers on a delightful journey to the Peak, where you can admire breathtaking views of Victoria Harbour and the skyline from 396m above sea level.

Bangkok Post

Property Downturn Undermines Onewo in Run-up to Hong Kong IPO

Key Takeaways: Property management firm Onewo, which is boasting high-tech elements, could become the largest IPO in Hong Kong this year Underperformance by its industry peers has undermined company’s chances of getting a strong valuation By Emily Chan

Benzinga

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Hong Kong 'to tighten rules' for issuing provisional vaccine passes to travellers

HONG KONG: Health authorities will tighten rules on issuing travellers provisional vaccine passes to enter most premises in a bid to plug any loopholes in Hong Kong's policies to combat the coronavirus, the Post has learned.

Bangkok Post

Queen Elizabeth II's death is renewing interest in British memorabilia in Hong Kong

The death of Queen Elizabeth II has sparked a wave of nostalgia and renewed interest in British memorabilia in Hong Kong, where emotions still linger toward U.K. rule.

WEKU

Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Benzinga

Queen's death renews interest in UK memorabilia in Hong Kong

The death of Queen Elizabeth II has sparked a wave of nostalgia and renewed interest in British memorabilia in Hong Kong, which for 156 years had lived under the British crown until its return to China in 1997

The Independent UK

Hong Kong residents queue for hours to pay tribute to Queen Elizabeth

British consulate in Hong Kong extends opening hours as thousands gather to remember ‘boss lady’

The Guardian - UK

Neusoft Medical Sets Sights Again on HK IPO, With Business Risks in Focus

Key Takeaways: Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong

Benzinga

Hong Kong sees record for hottest day in September broken twice

Hong Kong recorded 35.4 degrees Celsius (95.7 Fahrenheit), the hottest September day since recording began in 1884.

Al Jazeera

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Benzinga

Nio Surges 18% On Upbeat Analyst Coverage: Hong Kong Stocks Mixed As Xi-Putin Meeting, US Inflation Data In Focus

Shares of electric-vehicle maker Nio surged 18% in Hong Kong on Tuesday morning, following positive analyst coverage, even as domestic stocks opened on a mixed note.

Newsroom.co.nz

NZ's first keeper turns football crusader

Answering an ad for 'ladies interested in playing football' led to a lifelong passion for Carol Waller - NZ's first women's goalkeeper and then a prominent figure in the game worldwide.

Bangkok Post

Hong Kong suicide rate for children under 15 hit historical high last year

HONG KONG: The suicide rate of children under the age of 15 hit a historical high in Hong Kong last year with 11 young people taking their lives, an increase that experts partially attributed to learning disruptions caused by class suspensions due to the Covid-19 pandemic.

Reuters

Unrelenting COVID rules cast clouds over Hong Kong schools

In Hong Kong, stringent COVID-19 curbs have long made life for school students extremely hard. Now, a new rule requiring higher vaccination levels could upend what progress has been made towards resuming full-day in-person classes.

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Bangkok Post

Hong Kong jails five over ‘seditious’ children’s books

HONG KONG: Five Hong Kong speech therapists were sentenced on Saturday to 19 months in jail for conspiracy to publish seditious children’s books, featuring cartoons of sheep and wolves that prosecutors had deemed anti-government.

Reuters

Five Hong Kong speech therapists jailed for conspiracy to "brainwash" children with cartoons

Five Hong Kong speech therapists were sentenced on Saturday to 19 months in jail for conspiracy to publish seditious children's books, featuring cartoons of sheep and wolves that prosecutors had deemed anti-government.

The Independent UK

Hong Kong speech therapists sentenced to 19 months for books

A Hong Kong court has sentenced five speech therapists to nearly two years in prison for their role in the publication of children's books deemed seditious

Dynamite News

Research: Hip fractures will double worldwide by 2050

The research was presented today at the American Society of Bone and Mineral Research's annual meeting in Austin, Texas, by Associate Professor Ching-lung Cheung of the University of Hong Kong's Department of Pharmacology and Pharmacy. Read more on Dynamite News

Bangkok Post

Hong Kong eases airport Covid checks

Hong Kong will end temperature checks for some passengers at its international airport, and relax quarantine requirements for local air crews, after some of the city’s most prominent voices called for an end to virus-related travel restrictions.

Reuters

Hong Kong govt scraps quarantine rules for air crew

Hong Kong will scrap its quarantine rules for locally based airline crew from Saturday, the government said on Friday, a key step in unwinding draconian COVID-19 rules which have isolated the Asian financial hub.

The Independent UK

Hong Kong ranked the world’s freest economy by Canadian think tank for the 26th time in a row

Think-tank says it was difficult to assess how much impact China’s ‘economic and political crackdown’ or coronavirus had on the rankings

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