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The Latest Breaking News from Hong Kong

Alibaba Down 3%, Nio Plunges 9%: Hang Seng Opens In Red As All Eyes Turn to US Inflation Data Release

Hong Kong stocks opened weaker on Thursday, with the benchmark Hang Seng losing 1.84%, as investors eyed Thursday’s inflation data from the U.S.

Benzinga

Hong Kong court lets UK lawyer defend media tycoon Jimmy Lai

A Hong Kong court has upheld the decision to let a veteran British lawyer defend pro-democracy newspaper publisher Jimmy Lai at his upcoming national security trial

The Independent UK

Alibaba, Nio Fall: Hong Kong Stocks Weaken As China COVID-19 Cases Rise, US Midterm Results Eyed

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng losing over 1%, as investors and traders await the results of the U.S.

Benzinga

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China's super-rich see fortunes plunge as economy slows

China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling mainland and Hong Kong stock markets pummelled fortunes, an annual rich list said on Tuesday.

Reuters

Hong Kong police seize secretary of aid fund for democracy protesters

Sze Ching-wee and other pro-democracy figures had just stood trial over setting up of now-disbanded 612 Humanitarian Relief Fund

The Guardian - AU

Hong Kong relaxes COVID rules for inbound tour groups

Hong Kong's government said on Monday it was relaxing COVID-19 restrictions on inbound tour groups including allowing them to enter theme parks and museums after arriving in the financial hub.

Reuters

From China to Thailand, dissidents fear Musk’s Twitter reign

Activists across Asia are concerned about the social media platform’s future under the billionaire Tesla founder.

Al Jazeera

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Hong Kong court upholds veteran journalist's conviction

A Hong Kong journalist has lost the appeal against her conviction over making false statements in obtaining information for her investigation of a violent attack during the widespread protests in 2019

The Independent UK

Avoiding Hong Kong's speculation trap

Policymakers looked at the experience of Hong Kong and a few other areas when debating the foreign land ownership bill.

Bangkok Post

Australia wins Hong Kong Sevens for first time in 34 years

Not since the late '80s has Australia claimed victory at rugby sevens' most prestigious tournament, but the defending world series champions have finally broken their duck, edging Fiji in the final.

ABC News

‘We’ve got to win three games in Dubai’: US Eagles face last Rugby World Cup chance

If the Americans are to avoid missing the finals for the first time since 1995, Bryce Campbell’s team must beat Kenya, Hong Kong and Portugal on successive weekends

The Guardian - US

Nio Surges Higher After Hang Seng Closes Bullish Week: What's Going On?

Nio, Inc (NYSE: NIO) gapped up over 10% higher Friday and continued to climb intraday. China-based stocks were boosted by the Hang Seng Index, which closed Friday’s session in Hong Kong up 5.36%.

Benzinga

Glasgow set to welcome third Scottish venture from TV chef Jimmy Lee

Glasgow based chef Jimmy Lee is set to open his third Scottish restaurant, bringing a taste of Hong Kong's street food to the Southside - opening up on November 13.

Glasgow Live

China’s stock markets jump on hopes for end to ‘zero COVID’

Shares rise more than 7 percent in Hong Kong and 2.5 percent in Shanghai after report decrying ‘overly strict measures’.

Al Jazeera

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The Independent UK

Revellers return to Hong Kong sevens for first time since pandemic

Revellers have returned to Hong Kong Stadium to enjoy a highly-anticipated international rugby sevens tournament for the first time since the Covid-19 pandemic began

The Independent UK

Hong Kong shares soar on hopes China COVID rules may ease

Shares have soared more than 7% in Hong Kong after a Communist Party newspaper reported that local officials are being urged not to impose overly burdensome controls to curb coronavirus infections

Benzinga

Alibaba, Nio Stocks Surge: Hang Seng Rises Over 3% As Tech, EV Rally Outweighs COVID-19 Worries

Hong Kong shares traded in the green on Friday with the benchmark Hang Seng opening 3.36% higher. Investors and traders seem to have shrugged off a rise in COVID-19 cases in China which hit their highest since August.

Bangkok Post

Casetify pop-up now open at CentralWorld

Casetify, the renowned Hong Kong-based lifestyle and tech gadget brand, has finally arrived in Bangkok with the opening of Casetify Pop-Up Store Preview. It is available until March 26 at CentralWorld.

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Bangkok Post

China wants sixfold growth in VR industry in five years

HONG KONG: The Chinese government wants to expand the country's virtual reality (VR) industry output by 2026 to 350 billion yuan (US$48 billion) - six times the level last year - showing Beijing's ambitions in becoming a world leader in metaverse technology.

Bangkok Post

Hong Kong set for Asean cooperation and entry into RCEP

Hong Kong is set to gain early admission into the Regional Comprehensive Economic Partnership (RCEP), city leader John Lee Ka-chiu has said as he expressed confidence the city would bring "enormous value" to the free-trade grouping and revealed that member states of the Association of Southeast Asian Nations (Asean) supported…

The Guardian - UK

Hong Kong exiles in UK unnerved by ‘weak’ response to beating of protester

Activists fear for their safety after limited UK riposte to assault on demonstrator outside Chinese consulate

Benzinga

Alibaba, Nio Fall Over 5%: Hang Seng Opens Weaker As Fed Stays Hawkish, China Asserts COVID-Zero Policy

Hong Kong shares opened in the red on Thursday, with the benchmark Hang Seng falling over 0.9% in morning trade, after the Federal Reserve’s anticipation of a higher bar for interest rates to rein in inflation

The Independent UK

Hong Kong braces for Tropical Storm Nalgae

Schools and offices closed and some events in Hong Kong were canceled as tropical storm Nalgae swept past south of the city, while a finance conference that was meant to restore Hong Kong's image as an international business center went ahead

Bangkok Post

Singapore’s reopening boom draws big money and bubble fears

Earlier this month, a record 302,000 people attended Singapore’s first Formula 1 car race in three years. Some forked out $900 for a grandstand seat for three days, while others booked hotel suites overlooking the Marina Bay track for as much as $10,000. Nightclub tables were fetching up to $70,000…

Birmingham Post

Profits more than double at Bentley as new models drive sales

Sales increased in the Americas, Europe, Asia Pacific and the UK but fell on the Chinese mainland, Hong Kong and Macau and in the Middle East, Africa and India

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