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The Latest Breaking News from Hong Kong

Hong Kong's best-known travel agency folds after 50 years

HONG KONG: One of Hong Kong's best-known tour operators has decided to wind up after 50 years of business and amid the worsening Omicron outbreak, with an industry leader expecting the travel sector's woes to continue for the rest of 2022 at least.

Bangkok Post

Hong Kong economy grows 6.4% in 2021

Hong Kong’s economy grew by 6.4% last year after activity weakened as anti-coronavirus controls were tightened

The Independent UK

Authentic Cantonese

Hei Yin, this week’s subject of review which humbly opened at Gaysorn Village a few weeks ago, is an absolute new face to Bangkok’s restaurant scene.

Bangkok Post

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Lunar New Year flowers in flames as Hong Kong farmer burns unsold stock

Flower farmer Leung Yat-shen has burned thousands of flowers he cannot sell this year as Hong Kong's stringent measures against the Omicron variant of coronavirus have halved his Lunar New Year demand.

Reuters

Hong Kong Outbreak Exposes Flaws in 21-day Quarantine Policy

Hong Kong's U-turn on its mandatory three-week quarantine for arrivals follows growing scrutiny of the strict policy after a coronavirus outbreak was traced to a woman infected during her hotel stay. Like mainland China, Hong Kong is one of the few places left in the world still pursuing a zero-Covid…

Asharq Al-Awsat

UK reports 89,176 new cases and 277 deaths – as it happened

UK cases and deaths fall day-on-day; Hong Kong government to compensate pet shops affected by culling of hamsters for Covid reasons

The Guardian - UK

Locking down homes, Hong Kong takes COVID lesson from Beijing

Residents in the city prevented from leaving apartments as authorities race to halt spread of Omicron.

Al Jazeera

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World news snapshot: Air New Zealand pilots stuck in Hong Kong and 'fruit loop' politicians in Australia

How news is being reported around the world today

Wales Online

Why Alibaba Is Rising Today Even As Tech Peers Extend Losses In Hong Kong

Shares of U.S.-listed Chinese tech companies — with the exception of Alibaba Group Holding Limited (NYSE: BABA) — extended losses in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory for a second straight day.

Benzinga

Hong Kong cuts foreign arrival quarantine from 21 to 14 days

Hong Kong is cutting the length of mandatory quarantine for people arriving from overseas from 21 to 14 days, even as the southern Chinese city battles a new surge in COVID-19 cases

The Independent UK

'Whack-a-mole': Experts call Hong Kong's zero-COVID policy unsustainable

With thousands of people locked down in tiny apartments, government quarantine centres filling up and many businesses shuttered, Hong Kong is scrambling to sustain a zero-COVID policy that has turned one of the world's most densely packed cities into one of the most isolated.

Reuters

North Korea confirms four missile launches as barrage continues

HONG KONG — North Korea says it tested four missiles this week to boost deterrence against its foes and pledged to keep developing more powerful warheads, a state media report said, as Pyongyang continues to fire off one of the biggest barrages since Kim Jong Un took power a decade…

Tribune News Service

Hong Kong cuts Covid quarantine to 14 days but UK flight ban remains

Hong Kong will reduce quarantine for travellers from 21 days to 14 days next week but flights from the UK will still be banned.

Evening Standard

Jiangsu Recbio Shoots To Become Hong Kong's First HPV Vaccine Stock

Key takeaways: Jiangsu Recbio has filed a second IPO application to list in Hong Kong, hoping to become the first HPV vaccine maker in the market The company was valued at around 9 billion yuan after its latest funding round By Molly Wen

Benzinga

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Reuters

Hong Kong to cut quarantine for arrivals to 14 days from next month

(Refiles to fix typo in paragragh 4)

The Guardian - UK

Boosters increase protection against death from Omicron in over-50s to 95% – UKHSA; UK records 338 deaths – as it happened

Protection against death increases to around 95% two weeks after receiving a booster dose, UK health agency says; UK reports another 96,871 Covid cases

The Independent UK

From Tiananmen to Hong Kong, China's crackdowns defy critics

From the crushing of Beijing’s 1989 pro-democracy protests to the suppression of Hong Kong’s opposition four decades later, China’s Communist Party has demonstrated a determination and ability to stay in power that is seemingly impervious to Western criticism

Benzinga

Why Alibaba And Other Tech Stocks Are Dragging The Hang Seng Index Lower Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Thursday, dragging the benchmark Hang Seng Index into negative territory.

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Al Jazeera

‘Assumed as criminals’: Hong Kong defendants find bail elusive

Courts are taking a more stringent approach to bail, leaving many behind bars even before their trial begins.

Benzinga

New Energy Lands as Hottest Category Among Chinese Concept Stocks in 2021 – Bamboo Works Special Report

Investors kept a close look at China’s solar and wind power stocks last year, but were least interested in the hobbled education sector By Bamboo Works team

The Guardian - UK

British judges have no place in Hong Kong

Letters: British judges are lending credibility to an increasingly anti-democratic justice system in Hong Kong, argues Siobhain McDonagh

Caixin Global

Beijing Urges Integration of Shenzhen, Hong Kong, Macao Insurance Markets

Regulators have been working to develop a connect program in a bid to solve problems in cross-border services

Bangkok Post

Hong Kong may maintain Covid isolation until 2024, 'risking exodus'

HONG KONG: Hong Kong may only reopen in early 2024 because of its stringent Covid-19 policies, which could trigger an exodus of foreign firms and staff and jeopardise its role as a financial hub, the city's European Chamber of Commerce said in a draft report.

Reuters

Hong Kong security chief says new laws will reflect "importance of spies"

Hong Kong's security chief said on Wednesday that his government would strengthen laws against espionage as part of extra national security legislation now being drafted.

Bangkok Post

Hotels in Asia-Pacific likely to see surge in investment as Covid-19 restrictions ease

HONG KONG: Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30% increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.

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