Latest Hong Kong News

Global stocks mixed after Wall St falls on Biden tax report

Apr. 23, 2021 04:43 AM EDT

BEIJING (AP) — Global stock markets were mixed Friday after Wall Street fell following a report President Joe Biden will propose raising taxes on the wealthiest investors. London and Frankfurt opened lower. Tokyo declined while Shanghai and Hong Kong advanced. ...

Asia stocks mixed after Wall St falls on Biden tax report

Apr. 23, 2021 00:04 AM EDT

BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street fell following a report that President Joe Biden will propose raising taxes on wealthy investors. Shanghai, Hong Kong and Seoul rose while Tokyo and Sydney retreated. Wall...

Hong Kong journalist convicted for accessing public records

Apr. 22, 2021 07:24 AM EDT

HONG KONG (AP) — A Hong Kong journalist was found guilty on Thursday of making false statements in obtaining information for an investigation into an attack on anti-government protesters, in the latest blow to press freedom in the city as authorities continue their crackdown on dissent. ...

Asian shares rebound after advance on Wall Street

Apr. 21, 2021 23:33 PM EDT

BANGKOK (AP) — Asian shares were higher on Thursday after a broad advance on Wall Street led by technology companies and banks. Shares rose in Tokyo, Hong Kong and Sydney but were flat in Shanghai. U.S. futures edged lower. Japan's Nikkei 225...

Canadian judge grants Huawei CFO request to delay hearings

Apr. 21, 2021 17:28 PM EDT

VANCOUVER, British Columbia (AP) — A Canadian judge has granted Huawei executive Meng Wanzhou’s request to delay the final leg in her extradition hearings, days before they were set to begin. British Columbia Supreme Court Associate Chief Justice Heather Holmes said...

Meituan raises $10 bln for self-driving cars, drone delivery

Apr. 21, 2021 02:56 AM EDT

HONG KONG (AP) — Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to invest those funds in developing and expanding delivery technologies. The Beijing-based firm, China’s largest food delivery...

Asian stock markets mixed after Wall St decline

Apr. 20, 2021 00:19 AM EDT

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street was pulled lower by tech stock declines. Tokyo and Hong Kong retreated while Shanghai and Seoul gained. Overnight, Wall Street's benchmark S&P 500 index lost 0.5%. Banks,...

Sale of Chinese painting shows art value rising in pandemic

Apr. 19, 2021 03:42 AM EDT

HONG KONG (AP) — A Chinese painting from 1924 is expected to fetch at least $45 million in an auction in Hong Kong, as collectors' appetite for art continues to rise even amid economic uncertainty brought about by the coronavirus pandemic. The painting by influential...

Asian shares mixed amid cautious outlook for global economy

Apr. 18, 2021 22:59 PM EDT

TOKYO (AP) — Asian shares were mixed Monday amid cautious optimism about a global rebound from the coronavirus pandemic. Japan's benchmark quickly lost early gains and fell 0.1% to 29,642.79, the first market reaction after a summit by Prime Minister Yoshihide Suga...

China says US-Japan actions are stoking division

Apr. 17, 2021 15:21 PM EDT

BEIJING (AP) — China hit back at the U.S.-Japan show of alliance during talks between President Joe Biden and Japan Prime Minister Yoshihide Suga, calling it an "ironic attempt of stoking division.” China said Suga and Biden's news conference Friday, in which they...