Latest Hong Kong News

Jimmy Lai's son fears Hong Kong media mogul may die in detention while awaiting trial

Sep. 20, 2023 20:30 PM EDT

LONDON (AP) — The son of jailed Hong Kong media mogul and prominent pro-democracy activist Jimmy Lai said Wednesday he did not want to see his father die in detention, as his lawyers raised the prospect that his long-delayed trial may be pushed back indefinitely. Sebastien Lai also...

Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange

Sep. 19, 2023 08:50 AM EDT

HONG KONG (AP) — Hong Kong’s leader said Tuesday that the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that impacted more than 1,600 investors and over $150 million in assets. ...

China tells foreign consulates in Hong Kong to provide personal data of all local staff

Sep. 19, 2023 08:47 AM EDT

HONG KONG (AP) — China’s Foreign Ministry has asked all foreign consulates in Hong Kong to provide the personal details of their locally employed staff, as Beijing tightens its control over the semi-autonomous city. The Commissioner’s Office of the Foreign Ministry, in a letter...

Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries

Sep. 14, 2023 00:38 AM EDT

Shares were mostly higher in Asia on Thursday after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected. The subdued increase in prices eased worries over the likelihood of another interest rate hike by the Federal...

7 people have died in storms in southern China and 70 crocodiles are reported to be on the loose

Sep. 12, 2023 00:16 AM EDT

BEIJING (AP) — Rainstorms battering southern China have killed at least seven people and allowed dozens of crocodiles to escape from a farm. Nearby residents were advised to stay at home after more than 70 crocodiles escaped in Maoming, a city near the coast in western Guangdong...

Stock market today: Asian shares mostly slide despite Big Tech rally on Wall Street

Sep. 12, 2023 00:02 AM EDT

TOKYO (AP) — Asian shares mostly declined Tuesday despite a Big Tech rally on Wall Street, as investors looked ahead to data on U.S. consumer prices set for later in the week. Japan's benchmark Nikkei 225 surged 0.7% in morning trading to 32,686.67. Australia's S&P/ASX 200...

Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle

Sep. 11, 2023 02:09 AM EDT

HONG KONG (AP) — The former CEO of Alibaba, Daniel Zhang, resigned as head of its cloud computing unit Monday in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle. Alibaba said it will invest $1 billion in a technology fund Zhang will establish to...

2 dead in Hong Kong amid extreme rain and flash floods that also struck southern China

Sep. 08, 2023 06:38 AM EDT

HONG KONG (AP) — Heavy rain in Hong Kong and southern China overnight flooded city streets and some subway stations, with hundreds evacuated and two deaths reported in Hong Kong. Hong Kong authorities said during a joint news conference Friday that the extreme weather was expected...

Hong Kong closes schools as torrential rain floods streets, subway station

Sep. 07, 2023 22:39 PM EDT

HONG KONG (AP) — Hong Kong on Friday closed schools and halted trading on the stock exchange as torrential rain lashed the city overnight, flooding streets in parts of the city as well as an underground subway station. Heavy rains poured down on the city from Thursday night, with...

China's exports slide 8.8% in August at lower rate than expected, even as economy remains under pressure

Sep. 07, 2023 00:02 AM EDT
HONG KONG (AP) — China's exports slide 8.8% in August at lower rate than expected, even as economy remains under pressure.