Latest Hong Kong News

China moves to boost languishing markets by ordering funds to invest more in shares

Jan. 23, 2025 04:23 AM EST

BANGKOK (AP) — The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters in Beijing...

Chinese property developer Country Garden plans deal with creditors, as industry languishes

Jan. 20, 2025 05:03 AM EST

HONG KONG (AP) — Embattled Chinese property developer Country Garden expects to reach a deal with its creditors in February to restructure billions of dollars in debt, the company’s lawyer told a Hong Kong court Monday. One of the largest Chinese real estate companies, Country...

Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration

Jan. 20, 2025 03:32 AM EST

BANGKOK (AP) — Asian shares advanced early Monday and bitcoin surged to a record high ahead of the inauguration of President-elect Donald Trump. U.S. markets will be closed Monday for a holiday. The price of bitcoin surged as high as $109,134 early Monday, up from...

How TikTok grew from a fun app for teens into a potential national security threat

Jan. 19, 2025 17:19 PM EST

SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017, when the Chinese social...

How TikTok grew from a fun app for teens into a potential national security threat

Jan. 19, 2025 08:16 AM EST

SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017, when the Chinese social...

How TikTok grew from a fun app for teens into a potential national security threat

Jan. 17, 2025 16:09 PM EST

SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017, when the Chinese social...

Asian singers and actors who relocated to Asia see global crossover opportunity

Jan. 04, 2025 12:23 PM EST

Twenty years after he was a young, struggling actor in Toronto, Thomas Lo is now the one giving young Asian actors their big breaks. He just had to go to Hong Kong to do it. The Chinese Canadian has been the creative director of one of the island city's biggest TV broadcasting...

Hundreds gathered in Hong Kong for the city's first pyrotechnics drone show

Dec. 28, 2024 12:22 PM EST

HONG KONG (AP) — Hundreds gathered in Hong Kong on Saturday to watch the city’s first pyrotechnics drone show, as part of a campaign to raise support and awareness of panda conservation. The 10-minute drone show featured 1,000 drones, some of which were equipped with fireworks,...

Hong Kong police issue arrest warrants and bounties for six activists

Dec. 24, 2024 06:56 AM EST

HONG KONG (AP) — Hong Kong police on Tuesday announced a fresh round of arrest warrants for six activists based overseas, with bounties set at $1 million Hong Kong dollars for information leading to their arrests. According to the warrants, the six are wanted for national security...

Pandas An An and Ke Ke celebrate their 1st Christmas in Hong Kong

Dec. 23, 2024 03:01 AM EST

HONG KONG (AP) — A pair of five-year-old pandas, named An An and Ke Ke, celebrated their first Christmas early in a Hong Kong park Monday, munching on special treats and looking cute for the cameras. An An, the male panda, was presented with an ice slab that had “Merry...