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The Latest Breaking News from Hong Kong

Why Alibaba, Tech Peers Are Slumping In Hong Kong Today

Shares of U.S.-listed Chinese tech firms traded in negative territory in Hong Kong on Thursday amid weak global cues.

Benzinga

A look at Hong Kong's new leader, John Lee — and his history with the territory

Hong Kong's new leader, John Lee, rose through the law enforcement ranks to become the territory's No. 2 under outgoing Chief Executive Carrie Lam. He faces governing a divided and mistrustful city.

WEKU

Travel Platform Agoda Offers New Payment Option In Asia Pacific Region

Booking Holdings Inc (NASDAQ:BKNG) owned travel platform Agoda has partnered with Visa Inc (NYSE:V) to offer interest-free credit card installments across its booking platform. The installments are exclusively applicable to HSBC Bank Malaysia credit card holders. Visa and Agoda plan to progressively roll out the offering regionwide to locations like Australia, Hong Kong, Singapore, Thailand,…

Benzinga

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read the most diverse news in one place.

Hong Kong arrests Cardinal Zen, singer over activist fund

Group accused of ‘collusion with foreign powers’ under security law for providing legal aid to people 2019 protesters.

Al Jazeera

White House calls for release of cardinal arrested in Hong Kong

“Today’s arrests signal...Beijing intends to intensify its crackdown on basic rights and freedoms in Hong Kong."

Axios

Hong Kong: Vatican ‘concerned’ over arrest of Cardinal Joseph Zen

Prominent Catholic cleric, 90, detained with three others linked to disbanded charity for protesters

The Guardian - UK

Reports: Hong Kong arrests Roman Catholic cardinal, 3 others

Reports say a Roman Catholic cardinal and three others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China's national security

The Independent UK

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Hong Kong police bail Catholic cardinal arrested on national security charge

Cardinal Joseph Zen, one of the most senior Catholic clerics in Asia, and three others who helped run a now-disbanded Hong Kong fund for protesters were arrested on charges of "collusion with foreign forces," and later released on bail.

Reuters

Opinion: How Singapore Could Outperform Shanghai, Hong Kong to Become Asia’s Financial Center

The country has benefited from China-U.S. tensions and a successful response to Covid-19

Caixin Global

Chhetri has recovered well, will be team's main force: Stimac ahead of Asian qualifiers

Sunil Chhetri will return to action after six months to play Hong Kong, Afghanistan and Cambodia in the Asian Cup qualifiers

The Hindu

Why Nio, Other EV Peers Are Soaring In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc.

Benzinga

Alibaba Slips, While Other Tech Peers Climb: What's Weighing On Hong Kong Markets Today?

Shares of U.S.-listed Chinese tech firms traded mixed in Hong Kong on Wednesday at press time.

Benzinga

China says G7 concern over Hong Kong leader selection is interference

China said on Tuesday that an expression of concern by the Group of Seven industrialised nations over the selection process for Hong Kong's new chief executive was interference in China's internal affairs.

Reuters

Nasdaq-Delisted Luckin Coffee Denies It’s Planning Hong Kong IPO

Scandal-dogged Chinese Starbucks challenger says it remains ‘committed to U.S. capital markets’

Caixin Global

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Reuters

G7 flags rights concerns in selection of new Hong Kong leader

The selection process for a new chief executive in Hong Kong is a source of grave concern and underscores wider worries about fundamental freedoms there, a Group of Seven statement said on Monday, prompting a rebuke from China.

Benzinga

Nio Down 9%, Xpeng Skids 12%: Why Are Hong Kong EV Stocks Crashing Today

Shares of Tesla Inc. (NASDAQ: TSLA) rivals and U.S.-listed Chinese firms Xpeng Inc (NYSE: NIO), Li Auto (NASDAQ: LI), a

Benzinga

Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today

Shares of U.S.-listed Chinese companies slumped heavily in Hong Kong on Tuesday as the market opened after a long weekend.

Tribune News Service

G-7 expresses ‘grave concern’ over Hong Kong leader’s election

The foreign ministers of the Group of Seven most industrialized nations expressed “grave concern” over the process by which Hong Kong selected its next chief executive, calling it an assault on the fundamental freedoms of the former British colony that returned to Chinese control in 1997.

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news in one place.

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Benzinga

What's Going On With Ballard Power Systems Shares Today

Ballard Power Systems Inc (NASDAQ:BLDP) (TSX:BLDP) reported first-quarter revenue of $21 million, an increase of 19% year-over-year, driven by growth in Power Product sales, more than offsetting the decline in Technology Solutions revenue. EPS loss widened to $(0.14) compared to $(0.06) in 1Q21. The gross loss was $(0.2) million, compared to a $2.6…

Evening Standard

Hong Kong: ‘Chinese patriots’ now firmly in charge of city says Carrie Lam in election handover

Hong Kong’s leader Carrie Lam said “Chinese patriots” are now firmly in charge of the city following the unopposed election of a new leader in a rubber-stamp process.

Reason

The Pandemic Killed Dissent in Hong Kong

Every June since 1990, residents had held a vigil for the Tiananmen Square dead. But in 2020, Hong Kong announced an extension of social distancing restrictions until June 5, the day after the anniversary.

The Independent UK

Hong Kong leader says China patriots now firmly in charge

Hong Kong leader Carrie Lam says Chinese patriots are now firmly in charge of the city following the election of its new leader, who ran unopposed in a process controlled by Beijing from start to finish

Bangkok Post

Explainer: Arriving in Hong Kong and unsure about city's vaccine pass scheme?

HONG KONG: Hong Kong ended its entry ban on overseas travellers on May 1 but under the city's vaccine pass scheme, arrivals may find they cannot enter certain premises from the end of the month if they have not received three doses of a Covid-19 shot.

ABC News

Hong Kong's new Chief Executive John Lee seen as pro-Beijing enforcer of security law

Hong Kong's new leader has a reputation of being hardline pro-Beijing and is expected to oversee the further integration of the special administrative region into the mainland.

Asharq Al-Awsat

Western Multinationals Congratulate Hong Kong's New Leader

Western multinationals and local tycoons published newspaper adverts on Monday congratulating John Lee on becoming Hong Kong's next leader, following a rubber-stamp selection process condemned by critics as anti-democratic. Lee, 64, a former security chief who oversaw the crackdown on Hong Kong's democracy movement, was anointed the business hub's new…

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