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The Latest Breaking News from Hong Kong

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Slumping In Hong Kong Today

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

Benzinga

Omicron-hit Hong Kong seeks out hotel rooms for COVID quarantine

After keeping the coronavirus at bay for much of the past two years, Hong Kong is now struggling to contain the disease.

Al Jazeera

Hong Kong considers mass testing as COVID fight intensifies

Hong Kong's coronavirus battle intensified on Thursday as authorities reported that new cases had multiplied by 60 times so far this month, and the city's leader said city-wide testing was being considered in the global financial hub.

Reuters

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Singapore opens to more countries, eases test rules

Singapore will ease Covid travel testing rules and launch new vaccinated travel lanes with the Philippines and Israel as it woos more tourists and seeks to reclaim its status of one of Asia’s major travel hubs. Shares of the city-state’s aviation-related stocks rose.

Bangkok Post

Hong Kong: Patients forced to wait in sickbeds outside hospitals as ‘zero Covid’ plan buckles

Patients have been forced to wait outside hospitals due to the high number of cases

Evening Standard

Sotheby’s Tips Largest Blue Diamond at Auction to Fetch $48 Mn

Sotheby's announced Wednesday that it would offer the largest-ever blue diamond to go up for auction at a sale in Hong Kong in April. The auction house said it expected the 15.10-carat De Beers Cullinan Blue diamond to sell for more than $48 million. The diamond is the "largest internally…

Asharq Al-Awsat

Hong Kong watchdog warns of NFT, metaverse risks as top 2022 tech dangers

HONG KONG: Risks involving non-fungible tokens (NFTs) and the metaverse are among key security threats to look out for in Hong Kong in 2022, according to the government-run cybersecurity watchdog Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT).

Bangkok Post

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Manchester United cancel Hong Kong pre-season tour plans

Man Utd were planning to visit Hong Kong on their pre-season tour this summer.

Manchester Evening News

Singapore resumes border reopening after pause due to Omicron outbreak

Singapore will expand quarantine-free travel to Hong Kong, Qatar, Saudi Arabia and the United Arab Emirates this month, its health ministry said on Wednesday, resuming border reopening after a pause due to an outbreak of the coronavirus.

Reuters

Germany and Switzerland set to ease restrictions – as it happened

This blog is now closed.

The Guardian - UK

Xi tells Hong Kong to control Omicron-fuelled outbreak

Directive in territory’s Chinese language media comes with authorities expected to report record number of daily cases.

Al Jazeera

Why Alibaba, Tesla Rivals Xpeng, Li Auto Are Striking Major Gains In Hong Kong Today

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

Benzinga

China's Xi: Control of Hong Kong surge is 'overriding task'

A Hong Kong news outlet says China's leader Xi Jinping has taken a personal interest in the city's coronavirus outbreak, saying it was the Hong Kong government's “overriding task” to control the situation

The Independent UK

Coronavirus updates | February 16, 2022

India logs 30,615 new COVID-19 infections, 514 deaths; cumulative COVID-19 vaccine doses administered in the country reaches nearly 174 crore.

The Hindu

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Reuters

Xi tells Hong Kong's leaders to control COVID as infections spiral

(Adds government statement on food supply)

InsideEVs

Tesla Model Y Officially Arrives In UK: Delivery Events Abound

The right-hand-drive Model Y is produced at Tesla's Gigafactory in China, though the first batches were reserved for Hong Kong and other markets in Asia.

Benzinga

Lacking Revenue, Lepu Biopharma Chases IPO to Revive War Chest

Key takeaways: Lepu Biopharma has yet to generate product-related revenue, and with only $41 million in cash is desperate for a quick capital injection through an IPO Cancer treatment specialist has sold out international portion of its share quota, but domestic portion has met with lukewarm reception By Fai Pui

The Guardian - UK

Fears of online censorship in Hong Kong as rights group website goes down

UK-based Hong Kong Watch says outage could be part of wider Beijing crackdown

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Benzinga

DiDi To Slash 20% Workforce Ahead Of Hong Kong Listing: Report

China's Uber Technologies Inc (NYSE:UBER) counterpart DiDi Global Inc (NYSE:DIDI) looks to reduce its overall headcount by 20% as it pushes ahead with its Hong Kong listing, Bloomberg reports. Most of DiDi's core businesses will be affected by the cuts. DiDi aims to reduce expenses ahead of the Hong Kong listing. The report adds that…

Reuters

Hong Kong police arrest singer for alleged sedition - media

Hong Kong police said on Tuesday they had arrested a 41-year-old man for suspected sedition and money laundering, whom local media identified as singer Tommy Yuen.

Reuters

Hong Kong rules out citywide lockdown as cases continue to surge

Hong Kong leader Carrie Lam on Tuesday ruled out a citywide lockdown to fight COVID-19, but a surge of infections meant she could not "preclude" the possibility of postponing next month's chief executive election.

The Guardian - AU

Hong Kong turns public housing into Covid quarantine facilities as it battles Omicron surge

Fears that city struggling with 2,000 coronavirus cases a day could see daily figures reach 30,000

Reuters

Hong Kong rights group says website not accessible through some networks

The website of U.K.-based human rights group Hong Kong Watch could not be accessed through some networks in the Chinese-ruled city, stoking concerns of internet censorship in the global financial hub, the organisation said.

Benzinga

Tesla Rivals Li Auto, Xpeng Strike Gains In Hong Kong While Alibaba, Other Tech Giants Are Muted

Shares of U.S.-listed Chinese tech companies — led by the electric vehicle makers — traded somewhat higher in Hong Kong on Tuesday, even as the benchmark Hang Seng Index was muted.

Benzinga

GCL-Poly Eyes More Debt Reduction With Potential STAR Market Listing

Key Takeaways: GCL-Poly says it is studying the possibility of a secondary listing on the Chinese mainland Such a listing would most likely occur on the Nasdaq-style STAR Market, which has rewarded such secondary listings with high valuations By Doug Young

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