Latest Hong Kong News

Asian stocks rise after Wall St slips closer to bear market

May. 20, 2022 00:34 AM EDT

BEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices fell more than $1 per barrel. ...

Asian shares track Wall Street's inflation-fueled retreat

May. 18, 2022 22:36 PM EDT

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation. Hong Kong’s Hang Seng led the declines, dropping 3.1%, while Tokyo’s...

Asia stocks mixed after Wall St gain, Powell warns on rates

May. 17, 2022 23:33 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation. Shanghai and Hong Kong declined. Tokyo and Seoul advanced. Oil prices rose to stay above $110 per...

Arrested Hong Kong cardinal a fiery critic of Beijing

May. 12, 2022 07:20 AM EDT

HONG KONG (AP) — Cardinal Joseph Zen, the 90-year-old Catholic cleric arrested by Hong Kong police on national security charges, has long been a fiery critic of Beijing's control of religion and political monopoly, along with efforts by the Vatican to reach a working arrangement with the ruling...

Catholic cardinal, others arrested on Hong Kong security law

May. 11, 2022 22:42 PM EDT

HONG KONG (AP) — A 90-year-old Roman Catholic cardinal, a singer and at least two others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China’s national security, in an action widely condemned as a further sign of Beijing's erosion of rights in the...

Reports: Roman Catholic cardinal, 3 others arrested in Hong Kong on foreign collusion, national security charges

May. 11, 2022 09:16 AM EDT
HONG KONG (AP) — Reports: Roman Catholic cardinal, 3 others arrested in Hong Kong on foreign collusion, national security charges.

Asian stocks follow Wall St down on rate hike, economy fears

May. 09, 2022 23:55 PM EDT

BEIJING (AP) — Asian stocks followed Wall Street lower Tuesday as fears increased that U.S. rate hikes to fight inflation might stall economic growth. Market benchmarks in Tokyo, Hong Kong, Seoul and Sydney fell. Shanghai advanced. Oil prices fell more than $1 but stayed above $100...

Lam says Hong Kong now has China patriots firmly in charge

May. 09, 2022 22:53 PM EDT

HONG KONG (AP) — Hong Kong leader Carrie Lam said Monday that Chinese patriots are now firmly in charge of the city following the election of its new leader, who ran unopposed in a process controlled by Beijing. Lam’s comments came a day after a carefully vetted election...

EXPLAINER: What comes next with John Lee leading Hong Kong?

May. 09, 2022 03:45 AM EDT

HONG KONG (AP) — There was little doubt about John Lee's election as Hong Kong's next leader. The city's former security chief received more than 99% of the vote from a committee stacked with mostly pro-Beijing members. He was the sole candidate in Sunday's vote. On...

Beijing loyalist John Lee elected as Hong Kong's next leader

May. 08, 2022 07:23 AM EDT

HONG KONG (AP) — John Lee, a hard-line security chief who oversaw a crackdown on Hong Kong’s pro-democracy movement, was elected as the city’s next leader on Sunday in a vote cast by a largely pro-Beijing committee. Lee was the only candidate and won with over 99% of the vote...