The Latest Breaking News from Hong Kong

Covid flare-up spurs move by logistics giant as Hong Kong battles its worst outbreak of the pandemic and infections spread to mainland

DiDi Global Inc (NYSE:DIDI) had to pull the brakes on its Hong Kong listing as it failed to satisfy China's concerns over sensitive data leak, Bloomberg reports. Uber Technologies Inc's (NYSE:UBER) Chinese counterpart remained vulnerable to the possible derailing of its listing plans and regulatory penalties.  The ride-hailing company's main apps were removed from local…

Nio Inc’s (NYSE: NIO) shares soared as much as 12% in their Hong Kong debut on Thursday. What Happened: Nio stock traded at HK$162 apiece around noon. 

China is tackling a COVID-19 spike with selective lockdowns and other measures that appear to slightly ease its draconian “zero tolerance” strategy. In Hong Kong, which recorded more than 58,000 new cases on Thursday, barber shops and hair salons were reopening.

Revolution of Our Times looks at the 2019 demonstrations, which some Taiwanese saw as a warning sign about their own future

Shares of U.S.-listed Chinese tech companies traded higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index into positive territory after a four-day slump.  

Hong Kong leader Carrie Lam said on Thursday it was not the time to lift a ban on flights from nine countries including the United States and Britain, with plans to reopen the city only after the government controls a deepening coronavirus outbreak.

Mass testing plan goes on hold as authorities focus on vaccinating the elderly and expanding treatment capacity for the sick

Nio, Inc. (NASDAQ: NIO) shares, which fell to their lowest level in 1-1/2 years on Tuesday, are rebounding from the depressed level. In addition to the broader market strength, the stock is receiving support from the optimism around its planned debut on the Hong Kong stock exchange on Thursday.