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The Latest Breaking News from Hong Kong

Take Advantage of the Dip and Scoop Up Shares of Silicon Motion Technology

Hong Kong-based Silicon Motion’s (SIMO) shares have tumbled 23.3% in price this year amid the broader market retreat. However, the company is expected to benefit from explosive growth in the semiconductor industry and the heightened global demand for chips. Furthermore, Wall Street analysts are bullish on the stock. Thus, we…

StockNews.com

AP PHOTOS: Inflatable labs in Hong Kong for mass COVID tests

Hong Kong has ramped up its testing capacity with the help of inflatable mobile laboratories, as the city grapples with tens of thousands of COVID-19 cases daily.

The Independent UK

Ukrainian restaurant in Hong Kong says many clients want to help

The owner of a Ukrainian restaurant in Hong Kong said she has seen an outpouring of support from the city's residents, who want to donate to community groups that can help mitigate the impact of the war with Russia.

Reuters

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Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

Benzinga

Hong Kong transport operators, supermarket cut services as COVID surges

Hong Kong's subway operator, bus and ferry companies, and one of its biggest supermarket chains, are cutting back services due to a worsening COVID-19 outbreak that has seen daily infections explode this year.

Reuters

Jinmao Services Becomes Latest Property Manager to Split From Parent

Key takeaways: Jinmao Services has launched a Hong Kong IPO to raise $106 million, with plans to use the funds for acquisitions The company is the latest property manager to split off from its development-oriented parent, capitalizing on China’s housing boom of the last two decades By Ken Lo

Benzinga

British human rights barrister leaves Hong Kong after police questioning

Mr Harris had represented some demonstrators accused of breaking the security law last year

Evening Standard

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Hong Kong braces for lockdown as daily cases breach 55,000

Hong Kong reported a record of more than 55,000 daily new infections on Wednesday as the city’s spiraling outbreak sees thousands of residents flee while those remaining strip shelves of food and medicine.

Tribune News Service

European countries dominate half of Asian shark fin trade, report reveals

Despite nearly a third of shark species nearing extinction, Spain supplied 51,000 tonnes of shark fins from 2003-20, says IFAW

The Guardian - UK

Hong Kong reports record cases; movements may be restricted

Hong Kong’s leader says people’s movements may be restricted during mandatory testing this month of the entire population for the coronavirus, as health officials reported more than 55,000 daily infections, a new record, and over a hundred deaths

The Independent UK

Key Hong Kong businessman urges clear govt messages amid COVID lockdown fears

The international reputation of Hong Kong as a financial hub has been "very damaged", prominent businessman and government adviser Allan Zeman said on Wednesday, as authorities' confusing messages over their coronavirus strategy spread alarm.

Reuters

The rise and rise of Nutcharut 'Mink' Wongharuthai

HONG KONG: As a child, Nutcharut 'Mink' Wongharuthai reluctantly hung around after school waiting for her mum to finish working at a Thai snooker hall. But fast forward a dozen years and the 22-year-old is now the world women's snooker champion - an unlikely sporting ascent which has put her…

Bangkok Post

In Hong Kong, a Ukrainian eatery inspires solidarity, resistance

Hong Kong residents see echoes of their pro-democracy struggle in Ukraine’s resistance against Russia.

Al Jazeera

Ex-chief of Hong Kong barristers says he left city after police interview

A British human rights lawyer and former head of Hong Kong's Bar Association said he left the city on Tuesday evening, hours after China's state-backed media said he was summoned to a local police station and interviewed by national security police.

Reuters

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Al Jazeera

Amid Ukraine crisis, China’s ‘Zero COVID’ weighs on global growth

Beijing’s strict pandemic policies add to supply chain and inflation risks amid economic fallout of war in Ukraine.

Benzinga

This US-Listed Tech Stock Has Shot Up 7% Today In Hong Kong, Outperforming Alibaba And Others

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Wednesday, even as the benchmark Hang Seng Index opened lower.

The Hindu

Coronavirus updates | March 2, 2022

Mr. Morrison said he would continue to discharge his duties as Prime Minister while in isolation and co-ordinate his government’s response to the war in Ukraine.

Reuters

Hong Kong urges calm as residents fret over COVID measures

Any decision to impose a COVID-19 lockdown in Hong Kong will take into account the global financial hub's status and ensure basic needs, the government said on Wednesday, urging anxious residents who thronged supermarkets this week to stay calm.

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Benzinga

I-Mab Co-founds a SPAC: What's Up With That?

Key Takeaways: Vivere Lifesciences Acquisition Corp., whose co-founders include U.S.-listed I-Mab, could become the first Hong Kong SPAC backed by a U.S.-listed Chinese company The SPAC is targeting Chinese or multinational companies with Chinese operations in the health sector By Fai Pui

Benzinga

Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely

Key takeaways: • iClick said its enterprise solutions business more than doubled last year, and is expected to deliver more ‘strong growth’ for the next three years

Benzinga

'China's Warren Buffet' Places Orders For Over $5M Tencent's Shares

A mainland billionaire investor has placed heavy orders on Tencent Holdings Ltd (OTC:TCEHY), Bloomberg reports. Duan Yongping, a billionaire entrepreneur dubbed China's Warren Buffet by Chinese media, has placed orders for more than $5 million of Tencent's U.S. listed shares. The share prices rallied in Hong Kong, making up for some of the…

Daily Mirror

Domestic workers left homeless after being fired and kicked out for contracting Covid

Live-in workers in Hong Kong have reported being refused entry into their employers' homes after being struck down with the virus - with some left sleeping on the streets or in parks in desperation

Inverse

You need to stream the best sci-fi movie on Netflix that explains Marvel's multiverse

Before Marvel and DC, there was Jet Li. In 2001, 'The One' pitted the Hong Kong star against himself in a sci-fi romp with nu metal bangers.

Al Jazeera

Hong Kong’s leader urges calm as lockdown fears spur panic buying

Residents strip supermarket shelves bare amid fears of compulsory isolation and family separations.

Reuters

Hong Kong residents empty supermarkets ahead of city-wide lockdown

Hong Kong residents braced for a city-wide lockdown, emptying supermarkets and pharmacies, even as leader Carrie Lam called for calm on Tuesday and appealed for the public not to worry over a compulsory mass COVID-19 testing plan.

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