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The Latest Breaking News from Hong Kong

Hong Kong closes beaches in heatwave to prevent overcrowding as Covid rates rise

The city’s leader Carrie Lam confirmed earlier this week that beaches would close today, following overcrowding over the weekend.

Daily Mirror

Clear roadmap needed for Hong Kong's revival as COVID sweeps through city -experts

In just under two months, Hong Kong went from being one of the best places in the world at controlling COVID-19 to one of the worst.

Reuters

Hong Kong running out of coffins amid surge in coronavirus deaths

The territory has around 300 remaining

Wales Online

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Hong Kong set to run out of coffins within days amid catastrophic Covid surge

Hong Kong is experiencing record figures for deaths and cases due to Omicron

Evening Standard

China property shares soar on Beijing stimulus, despite continued debt crisis

Plans to shore up real estate and tech sectors welcomed by investors, but downgrade of third-biggest developer Sunac shows problems persist

The Guardian - AU

Hong Kong leader to review COVID restrictions in coming days

Hong Kong leader Carrie Lam said on Thursday she would review COVID restrictions in the coming days, as she understands people are increasingly impatient with rules that have isolated the international financial centre and hurt business.

Reuters

Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Benzinga

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Gas Prices Around The World Stay High As Oil Falls Below $100 A Barrel

If you think $4.30 per gallon in the United States is bad, try paying $11 in Hong Kong.

Motor1

Will there be another Covid wave? What US health officials are watching for

‘I’m not sure people appreciate quite how bad the Covid situation is in Hong Kong, nor what might be around the corner’

The Independent UK

Spurned by New York, Kingsoft Cloud Looks for Love in Hong Kong

Key Takeaways: Kingsoft Cloud is studying a possible dual listing in Hong Kong to complement its current listing on the Nasdaq Company made the announcement after the U.S. securities regulator reminded U.S.-listed Chinese firms they could face forcible delistings under a law passed in December 2020 By Doug Young

Benzinga

Singapore’s expat numbers slump to lowest level since 2010

The number of expatriate white-collar workers in Singapore fell to the lowest in more than a decade, suggesting that the city hasn’t yet benefited from an exodus of professionals from the rival finance hub of Hong Kong.

Bangkok Post

Pandemic postcard: COVID outbreak leaves Hong Kong in limbo

As a COVID-19 outbreak overwhelms Hong Kong, it’s hard for its 7.4 million residents to know what’s next

The Independent UK

Hong Kong reports 29,272 new COVID cases, 217 deaths

Hong Kong health authorities reported 29,272 COVID-19 cases on Wednesday, up from 27,765 on Tuesday and 217 deaths, compared with 228 in the previous 24 hours.

Reuters

Commentary: The pandemic highlights a global failure to protect the elderly

When the COVID-19 pandemic finally ends, our most glaring failure, and our greatest source of shame, will unquestionably be our unwillingness to protect society’s most vulnerable group: the elderly.

Chicago Tribune

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The Independent UK

Hong Kong shares soar 9% on China pledge to support economy

Hong Kong's share benchmark, the Hang Seng index, has soared 9% after China's state media said Beijing plans more support for the slowing Chinese economy

The Independent UK

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

Benzinga

Why Alibaba, JD And Tesla Rivals Li Auto, Nio Are Rebounding Big-Time In Hong Kong Today

Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory after three days of losses.

Reuters

Hong Kong leader says scope to further delay chief executive election

Hong Kong leader Carrie Lam said on Wednesday that there were no plans to further tighten COVID-19 rules as the city battles to contain an escalating outbreak but said a chief executive election, set for May, had scope to be further delayed.

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Tribune News Service

Hong Kong y Beijing saben un par de cosas sobre envejecer bien. Aprende de ellos

Dos días después de mi cumpleaños número 40, mi esposo y yo asistimos a la boda de un amigo en Palm Springs, California. Sentados entre desconocidos, mantuvimos una pequeña charla acerca de moda y novedades mundiales que llenaba el tiempo en lugar de estimular la mente. Fue entonces cuando un…

ABC News

Millions under lockdown in China as COVID-19 cases surge, officials urge over-60s to get vaccinated

China reports 5,280 new infections — more than double the previous day's tally — as the highly transmissible Omicron variant forces lockdowns and spreads across a country that has stuck tightly to a zero-COVID-19 strategy.

Al Jazeera

Pets and COVID-19: Experts say vigilance needed but risks small

Since the pandemic began, 19 species of animals across 35 countries have contracted COVID-19.

The Independent UK

Will there be another Covid wave? What US health officials are watching for

‘I’m not sure people appreciate quite how bad the Covid situation is in Hong Kong, nor what might be around the corner’

Evening Standard

How bad could China’s Covid-19 outbreak be for the global economy?

Stock markets in China and Hong Kong have been hit by sell-offs as concerns about new lockdowns intensify

Benzinga

Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong

Key takeaways: • Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant listing applications • Company has expanded rapidly using a franchise model, but poses investor risk due to its nature as a family-run business

France 24

Chinese markets slump over fears of how Covid-19 lockdowns will hurt economy

Stock markets in Shanghai and Hong Kong slumped on Tuesday, as investors fear the impact of the latest Covid-19 lockdowns on China's economy. Nearly 30 million people are now living under restrictions in the country, including in the technology manufacturing hub of Shenzen. Also today, Volkswagen has suspended production of…

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