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The Latest Breaking News from Hong Kong

New Traffic Device Leaves Hong Kong Pedestrians Red in the Face

Pedestrians crossing the road in Hong Kong may now find themselves bathed in a red glow after authorities installed a device reminding the public to obey traffic lights. Too often, Hong Kongers walk into traffic because they are distracted by their smartphones, Alex Au, chief engineer of the city's transport…

Asharq Al-Awsat

City watchdog recruits new chair from Hong Kong regulator

Ashley Alder moving back to London to top job at FCA

Evening Standard

Financial Conduct Authority names Hong Kong regulator as chair

Ashley Alder will join UK watchdog, which is mired in internal strife, in January 2023

The Guardian - UK

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Alibaba, Nio Spike, EV Peers Mixed: What's Weighing On Hong Kong Stocks Today

Hong Kong shares edged higher by mid-day trading on Friday, with gains among energy and property stocks offsetting weakness in most tech and consumer discretionary sectors. Electric vehicle stocks traded on a mixed note.

Benzinga

British lawyers defending Hong Kong tycoon say they receive threats

Barristers from a British law firm who are representing jailed Hong Kong tycoon and democracy campaigner Jimmy Lai said on Thursday they had received anonymous emails warning them against travelling to the city to defend him.

Reuters

London lawyers representing jailed tycoon Jimmy Lai ‘threatened’ by Hong Kong police

The barristers allegedly received emails claiming to be from an ‘officer of the national security wing’ in Hong Kong

Evening Standard

The Hong Kong Diaries by Chris Patten review – handover notes

The journal of Britain’s last governor makes for candid reading, supplemented by a polemical essay on Hong Kong 25 years on

The Guardian - UK

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Hong Kong lifts flight ban citing 'little effect' on COVID

Hong Kong is shelving a COVID-19 measure that has resulted in dozens of canceled flights in recent months and thwarted travel plans for thousands

The Independent UK

Hong Kong suspends COVID flight bans that fuelled expat exodus

Restrictions eased as authorities cite ‘social chaos’ and flight ban’s negative effect on returning students

Al Jazeera

Hong Kong suspends flight bans as it eases COVID rules

Hong Kong has suspended a rule that banned individual flights for bringing in passengers infected with the COVID-19 virus, as it caused "unnecessary trouble" and inconvenience to residents of the global financial hub, the government said on Thursday.

Reuters

In China's Shenzhen, nostalgia persists for the old days of Hong Kong culture

A trip to glamorous Hong Kong was a distant dream for most Chinese mainlanders in the mid-1990s, but for schoolgirl Tracey Chen in the southern boomtown of Shenzhen, it was just a lunchtime stroll.

Reuters

Weilong's Hong Kong IPO Valuation Halved as Investors Lose Appetite

Key Takeaways: Weilong is reportedly seeking to raise $500 million and is valued at $4.9 billion, both of which are nearly half that from a year ago The company has maintained strong sales, but profitability has stalled, triggering a switch to foreign markets in search of new growth drivers By…

Benzinga

Beauty Products Maker Imeik Makes Second Try at Hong Kong IPO

Key Takeaways: Started in 2004, Imeik is the largest provider of hyaluronic acid-based skin fillers in China The firm’s products lack variety and tighter government regulations could throw a wrench in ambitious plans By Tina Yip

Benzinga

Wego's Dialysis Business Seeks Hong Kong IPO in MedTech Boom

Key Takeaways: Weigao Blood Purification filed for a Hong Kong IPO soon after bringing in well-known institutional investors The company is a domestic leader in China’s blood purification industry across a range of products, including blood filters and dialysis tubing By Molly Wen

Benzinga

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Benzinga

Benzinga Before The Bell: FDA Temporarily Suspends Juul Ban, FTX Wants Bitcoin Derivatives, Voyager Digital Files For Chapter 11 Bankruptcy And Other Top Financial Stories Wednesday, July 6

CNBC Ben & Jerry’s Sues Parent Unilever On Israeli business Sale

Benzinga

Xi Jinping's Key Speech In Hong Kong Spurs Seminars To Study and Promote His Vision

Hong Kong is prepping to gain further insights into the latest speech delivered by President Xi Jinping in China’s Special Administrative Region.

Benzinga

Why Alibaba, Other Chinese Firms Could Seek Shifting Primary Listings to Hong Kong

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg

The Independent UK

Shanghai, Beijing order new round of mass COVID-19 testing

Residents of parts of Shanghai and Beijing have been ordered to undergo further rounds of COVID-19 testing following the discovery of new cases in the two cities

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news in one place.

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The Guardian - AU

Five stand trial for sedition in Hong Kong over children’s books about sheep

The group are accused of trying to ‘incite hatred’ with books depicting Hong Kong residents as sheep and mainland Chinese as wolves

Benzinga

Alibaba, Nio, EV Stocks Buck Broader Slide: What's Weighing On Hong Kong Markets Today

E-commerce giant Alibaba Holding, Inc. (NYSE: BABA) and some major Chinese electric vehicle stocks bucked a broader slide in Hong Kong equities on Wednesday morning amid mostly weak global cues.

Al Jazeera

Sedition trial opens in Hong Kong for group held over 'pro-democracy' content in kids’ books

Five speech therapists face up to two years in jail if found guilty of sedition for writing children’s books.

The Guardian - UK

Hongkongers who fled to UK criticise lack of mental health support

Advocacy groups and BNO passport holders say not enough is being done to help them after arriving in Britain

Reuters

Vatican envoy in Hong Kong warns Catholic missions to prepare for China crackdown

Monsignor Javier Herrera-Corona, the Vatican's unofficial representative in Hong Kong, delivered a stark message to the city's 50-odd Catholic missions before finishing his six-year posting in March: the freedoms they had enjoyed for decades were over.

The Independent UK

Hong Kong's John Lee stresses balance in easing quarantine

Hong Kong’s new leader John Lee says he will work on easing restrictions for travelers while balancing the risks of a coronavirus outbreak overwhelming the health care system

The Independent UK

Canada says China bars diplomats from Canadian tycoon trial

The Canadian government says Chinese authorities refused to allow diplomats to attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago

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