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The Latest Breaking News from Hong Kong

Alibaba, Nio, EV Stocks Fall: Hang Seng's Wednesday Rally Proves A Farce As Index Tracks Weaker Wall Street Close

Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.

Benzinga

16 Chinese nationals arrested in Pattaya

Sixteen Chinese nationals suspected of running an illegal online money-lending business were arrested during a police raid in Pattaya on Wednesday.

Bangkok Post

16 Chinese nationals arrested in Pattaya for illegal money-lending

CHON BURI: Sixteen Chinese nationals suspected of running an illegal online money-lending business were arrested during a police raid in the beach town of Pattaya beach town on Wednesday.

Bangkok Post

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Which countries still have Covid travel restrictions?

While much of Europe and many popular tourist destinations have done away with Covid-19 documentation at the border, these 27 countries and territories still insist on it

The Independent UK

Google Translate app no longer available in China

HONG KONG: Google Translate, one of the few remaining consumer services that the US tech giant made available in mainland China, is no longer accessible in the country, marking the company's latest retreat from the world's largest internet market.

Bangkok Post

Hong Kong shares soar 6%, leading Asian market gains

Hong Kong's share benchmark has soared more than 6% as Asian shares track gains on Wall Street

The Independent UK

TAT banking on e-visas

With Malaysian tourists becoming the first source market to reach 1 million and reopening of more countries in sight, Thai tourism could realise an even stronger rebound among the Asian market if e-visas are adopted and international flights resume, according to the Tourism Authority of Thailand (TAT).

Bangkok Post

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China Since the Founding of the Communist Party

Here are the key dates in China since the founding of the Communist Party (CCP) which has grown into one of the world's most powerful political organizations as brought by AFP. - July 1921: Founded in secret - In the summer of 1921, Mao Zedong and a clutch of Marxist-Leninist…

Asharq Al-Awsat

Commentary: Why I’m glad to be living in crisis Britain

“You chose a good time to come back,” the Waitrose cashier said ironically when I told her this was my first week living in the U.K. since 1990. And that was before the Queen died and the pound collapsed to a record low.

Tribune News Service

Hong Kong leader promises revival on China's National Day

Hong Kong’s leader has promised to revive its struggling economy following a campaign to crush a pro-democracy movement

The Independent UK

Maserati Debuts New Showroom Design Bridging Online, Offline Shopping

Maserati plans to launch this in its stores in Berlin, Hong Kong, Madrid, Melbourne, and Shanghai by the end of 2022.

Motor1

AIM Vaccine Shrinks Its IPO But Gives Chairman a Mega Paycheck

Key Takeaways: AIM Vaccine is finally landing on the Hong Kong Stock Exchange at its third attempt, but has only issued 0.8% of its total share capital, raising a net HK$70 million The company issued equity incentives worth a whopping 900 million yuan to its chairman before going public, and…

Benzinga

Hong Kong government to further ease coronavirus measures

The Hong Kong government said on Friday it aims to ease some coronavirus curbs in an orderly way as pandemic trends in the Asia financial hub were continuing to stabilise.

Reuters

Siki Reddy-Rohan Kapoor enter mixed doubles quarters at Vietnam Open

HO CHI MINH CITY: India's Sikki Reddy and Rohan Kapoor dug deep to beat Hong Kong's Fan Ka Yan and Yeung Shing Choi and reach the mixed doubles quarterfinals at the Vietnam Open Super 100 badminton tournament on Thursday.

The Times of India

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Benzinga

Trip.com Gets Boost From Reopening Global Borders

Key Takeaways: Strongly recovering business in the U.S. and Europe helped Trip.com return to the black with a 69 million yuan profit in the second quarter The company said outbound bookings from Hong Kong jumped nearly four times last week from the previous week as the city prepared to end…

The Independent UK

Former Hong Kong lawmaker sentenced to 3 1/2 years in jail

Former Hong Kong lawmaker and pro-democracy activist Ted Hui has been sentenced to 3 1/2 years in jail for criminal contempt after he skipped bail and fled overseas, missing trial for cases against him

Reuters

Self-exiled Hong Kong democrat sentenced to 3 1/2 years in jail in absentia

A court in Hong Kong on Thursday sentenced a pro-democracy activist and former lawmaker, Ted Hui, to 3 1/2 years in jail for "criminal contempt" after he failed to show up for trial in several criminal cases.

Bangkok Post

China trials digital currencies for cross-border deals

SHANGHAI: A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

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Bangkok Post

Old sedition law finds new life in Hong Kong

HONG KONG: Authorities in Hong Kong have charged two men, one of them a teenager, for posting “seditious messages” on social media and inciting violence, police said on Thursday, using a colonial-era law that critics say is a tool to quash dissent.

Bangkok Post

Thailand, China conduct digital currency trial

A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

The Guardian - AU

Hong Kong pro-democracy figure Ted Hui sentenced to jail over 2019 protests

Former legislator, who fled to Australia last year, said earlier that any sentence would not harm his reputation or lobbying work

The Independent UK

Which countries still have Covid travel restrictions?

While much of Europe and many popular tourist destinations have done away with Covid-19 documentation at the border, these 31 countries and territories still insist on it

Benzinga

'Stock Advisor' JF Wealth Defies Market Basics with Ill-Timed IPO Bid

Key Takeaways: Online investment advisor JF Wealth has filed for a Hong Kong IPO, deriving most of its revenue from high-end education and content services The company faces mounting headwinds from rapidly growing sales and marketing costs and increasing refund requests By Emily Chan

Benzinga

Hony Capital Switches SPAC IPO Focus from U.S. to Hong Kong

Key Takeaways: Everest Acquisition Corporation, a SPAC co-funded by Hony Capital and ABCI Capital, applied to list in Hong Kong with the aim of acquiring companies in the healthcare, consumer goods and green sectors

Bangkok Post

Hong Kong defends currency peg amid outflow of capital chasing US dollar assets

HONG KONG: The Hong Kong Monetary Authority (HKMA) on Wednesday intervened in the foreign-exchange market for the first time in seven weeks to defend the local currency's peg against the US dollar, following flight of capital from the Hong Kong dollar market after US rates rose to a 14-year high…

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