Latest Hong Kong News

Stock market today: Asian shares are mostly higher after another set of Wall St records

Mar. 29, 2024 01:37 AM EDT

BANGKOK (AP) — Asian shares were mostly higher Friday in quiet holiday trading, with markets closed in Hong Kong, Sydney, Singapore and India, among other places. Many financial markets are closed on Friday for Good Friday. In India, markets were closed for the Holi holiday. ...

Hong Kong leader says prisoners jailed for national security crimes unlikely to get early release

Mar. 26, 2024 08:14 AM EDT

HONG KONG (AP) — Hong Kong's leader said Tuesday that prisoners convicted for serious national security crimes would not likely be granted early release under the tightened rules of a new national security law, signaling a hardening government stance against jailed political activists. ...

Stock market today: Asian shares slip after another Wall Street record day

Mar. 21, 2024 23:59 PM EDT

BANGKOK (AP) — Stocks were mostly lower Friday in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan’s Nikkei 225 topped 41,000 for the first time early Friday but then fell back, trading 0.1% lower at 40,763.88. Chinese property...

Hong Kong lawmakers unanimously approve security law giving government more power to curb dissent

Mar. 20, 2024 01:46 AM EDT

HONG KONG (AP) — Hong Kong lawmakers unanimously approved a new national security law Tuesday that grants the government more power to quash dissent, widely seen as the latest step in a sweeping political crackdown triggered by pro-democracy protests in 2019. The legislature passed...

Stock market today: Asian shares follow Wall St higher as markets await a rate decision by the Fed

Mar. 20, 2024 00:58 AM EDT

HONG KONG (AP) — Asian markets were mostly higher Wednesday ahead of expected guidance by the Federal Reserve on the timing of its cuts to interest rates. Oil prices and U.S. futures fell. Japan’s markets were closed for a holiday. On Tuesday, the Bank of Japan...

How will a new national security law affect different walks of life in Hong Kong?

Mar. 19, 2024 20:54 PM EDT

HONG KONG (AP) — As Hong Kong passed a new national security law, the city that evolved from a swampy fishing village to a financial center embarked on another transformation, one that may redefine its role on the world stage and the liberties of its citizens. For the government...

Hong Kong passes a new national security law that expands the government's power to crush dissent

Mar. 19, 2024 06:59 AM EDT
HONG KONG (AP) — Hong Kong passes a new national security law that expands the government's power to crush dissent.

China's stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman

Mar. 19, 2024 05:21 AM EDT

BANGKOK (AP) — Troubled property developer China Evergrande Group says Beijing’s stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other violations, as it conducts a deep clean of the troubled financial sector. The company...

Hong Kong jails 12 people over the storming of the legislature in 2019 protests

Mar. 16, 2024 01:03 AM EDT

HONG KONG (AP) — A Hong Kong court sentenced 12 people Saturday to prison over the storming of the city’s legislative council building at the height of the anti-government protests in 2019. Hundreds of protesters swarmed into the legislature the night of July 1, 2019 — the...

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent

Mar. 15, 2024 00:19 AM EDT

BEIJING (AP) — Asian markets retreated Friday, with Hong Kong’s benchmark falling 2%, after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon. Oil prices and U.S. futures fell. Tokyo's Nikkei 225 edged 0.1% lower to...