Latest Hong Kong News

Hong Kong cuts COVID hotel quarantine to 3 days for arrivals

Aug. 08, 2022 06:05 AM EDT

HONG KONG (AP) — Hong Kong will reduce the mandatory hotel quarantine for overseas arrivals to three days from a week, the city’s leader said Monday. The southern Chinese city remains one of the few places in the world, together with mainland China, to require a quarantine to...

Global stocks up after US job gain paves way for rate hike

Aug. 08, 2022 04:56 AM EDT

BEIJING (AP) — Global stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. London, Shanghai, Tokyo and Frankfurt advanced. Hong Kong retreated. Oil prices edged higher. Wall Street's...

Asian stocks mixed after US job gain paves way for rate hike

Aug. 08, 2022 00:06 AM EDT

BEIJING (AP) — Asian stocks were mixed on Monday after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits. Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher. ...

Longtime AP correspondent, editor Marcus Eliason dies at 75

Aug. 06, 2022 18:20 PM EDT

NEW YORK (AP) — Marcus Eliason, an international journalist whose insightful reporting, sparkling prose and skillful editing graced Associated Press news wires for almost a half-century, has died. He was 75. He had been diagnosed with Alzheimer’s disease, developed pneumonia...

Hong Kong's last sawmill faces closure amid development plan

Aug. 06, 2022 00:29 AM EDT

HONG KONG (AP) — Chi Kee Sawmill & Timber, Hong Kong’s last operating sawmill, has been processing timber in the city for 75 years. Soon the family-run factory near the territory's border with mainland China might be forced to shut down as part of a development project: it...

Alibaba revenue beats expectations despite contraction

Aug. 04, 2022 23:41 PM EDT

HONG KONG (AP) — Chinese e-commerce firm Alibaba Group Holding on Thursday beat market expectations for revenue in its quarter ended June, even as revenue was nearly flat and its net income plunged 50%. The company has been grappling with increased regulatory scrutiny and fines...

Taiwan cancels flights as China holds military drills

Aug. 04, 2022 06:26 AM EDT

BEIJING (AP) — Taiwan canceled airline flights Thursday as China fired missiles near the self-ruled island in retaliation for a top American lawmaker’s visit, adding to the risk of disruptions in the flow of Taiwanese-made processor chips needed by global telecom and auto industries. ...

US-China ties on a precipice after Pelosi visit to Taiwan

Aug. 03, 2022 20:36 PM EDT

WASHINGTON (AP) — U.S.-China relations are teetering on a precipice after House Speaker Nancy Pelosi’s visit to Taiwan. Pelosi received a rapturous welcome in Taipei and was applauded with strong bipartisan support in Washington, despite the Biden administration’s misgivings....

Pelosi's Taiwan visit captivates public in China and Taiwan

Aug. 03, 2022 06:49 AM EDT

BEIJING (AP) — A few Chinese old-timers read the pages of a newspaper on Wednesday hung up behind glass on an outdoor display board in a relic of pre-smartphone days, when that's how people in China got the news. Wang Junzhong, 70, peered at an editorial in the Global Times, an...

Asian stocks higher as US-China tensions rise

Aug. 03, 2022 00:09 AM EDT

BEIJING (AP) — Asian stock markets rose Wednesday as traders watched for signs trade might be disrupted by U.S.-Chinese tensions over an American lawmaker's visit to Taiwan. Shanghai, Hong Kong, Tokyo and Seoul advanced after Beijing announced a ban on imports of some Taiwanese...