Latest Hong Kong News
Alibaba: Fiscal Q2 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — Alibaba Group Holding Ltd. (BABA) on Friday reported fiscal second-quarter profit of $6.25 billion. The Hong Kong-based company said it had profit of $2.59 per share. Earnings, adjusted for non-recurring gains, were $2.15 per share. ...
Mastermind of foiled Hong Kong bomb plot to target police is jailed for nearly 24 years
HONG KONG (AP) — The mastermind behind a foiled bomb plot during anti-government protests in Hong Kong in 2019 has been jailed for nearly 24 years in the city's first case brought under a United Nations anti-terrorism law. Ng Chi-hung, who had previously pleaded guilty to...
Hong Kong reporter says she'll sue Wall Street Journal for dismissal because of her union role
HONG KONG (AP) — A former Hong Kong reporter of The Wall Street Journal on Tuesday said she'll sue the publication for sacking her because she joined a trade union. Selina Cheng lost her job in July after a senior editor told her that her position was eliminated due to...
Singles' Day shopping festival loses its shine under China's lagging economy
HONG KONG (AP) — Businesses and consumers in China found the annual Singles' Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform Alibaba started the now-famous...
Melco: Q3 Earnings Snapshot
HONG KONG., Hong Kong (AP) — HONG KONG., Hong Kong (AP) — Melco Resorts and Entertainment Ltd. (MLCO) on Tuesday reported earnings of $27.3 million in its third quarter. The Hong Kong., Hong Kong-based company said it had net income of 6 cents per share. Earnings, adjusted for...
British businessman to remain in custody on charge of killing Indonesian woman in Hong Kong
HONG KONG (AP) — A British businessman was ordered Friday to remain in custody after being charged with murder in Hong Kong over the death of an Indonesian woman at a park waterfall. Jamie Tzewee Chapman, 34, did not enter a plea in the court appearance and his lawyer did not...
Silicon Motion: Q3 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — Silicon Motion Technology Corp. (SIMO) on Wednesday reported third-quarter profit of $20.8 million. The Hong Kong-based company said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs and stock option expense,...
A man is arrested on suspicion of killing a woman in a Hong Kong park
HONG KONG (AP) — A foreign man living in Hong Kong has been arrested on suspicion of killing a Southeast Asian woman at a waterfall inside a park in the Chinese territory. The woman, who was about 25 years old, was a domestic worker in Hong Kong but did not work for the suspect,...
Treasury issues rule to block US investors from helping China develop advanced military technology
WASHINGTON (AP) — The U.S. Treasury Department, seeking to keep the Chinese military from gaining an edge in advanced technologies, issued a rule Monday to restrict and monitor American investments in China in artificial intelligence, computer chips and quantum computing. The...
CNOOC: Q3 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — CNOOC Ltd. (CEO) on Monday reported profit of $5.16 billion in its third quarter. The Hong Kong-based company said it had profit of $10.89 per share. The oil and gas producer posted revenue of $13.86 billion in the period. ...
