Latest Hong Kong News

Asian shares mostly higher after Wall Street retreat

Sep. 16, 2021 23:53 PM EDT

Asian shares were mixed on Friday after a hodge-podge of economic data led Wall Street to close mostly lower. Benchmarks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai and Sydney. Across the region, concerns over prolonged outbreak of...

Asian shares mostly lower on lackluster China, Japan data

Sep. 15, 2021 23:18 PM EDT

Stocks were mostly lower in Asia on Thursday after Japan and China released data that were weaker than expected. Shares fell in Tokyo, Shanghai, Hong Kong and Seoul but rose in Sydney. Japan reported that its exports rose 26.2% in August from a year...

Biden announces Indo-Pacific alliance with UK, Australia

Sep. 15, 2021 22:11 PM EDT

WASHINGTON (AP) — President Joe Biden announced Wednesday that the United States is forming a new Indo-Pacific security alliance with Britain and Australia that will allow for greater sharing of defense capabilities — including helping equip Australia with nuclear-powered submarines. It's...

Chinese property developer's debt struggle rattles investors

Sep. 15, 2021 05:06 AM EDT

BEIJING (AP) — One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments. Evergrande Group appears likely to be...

Hong Kong activists jailed over Tiananmen crackdown vigil

Sep. 15, 2021 02:29 AM EDT

HONG KONG (AP) — Nine Hong Kong activists and ex-lawmakers on Wednesday were handed jail sentences of up to 10 months over their roles in last year’s banned Tiananmen Square candlelight vigil, the latest blow in an ongoing crackdown on dissent in the city. The nine...

Asian stocks follow Wall St lower amid growth concerns

Sep. 15, 2021 00:28 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street down on Wednesday after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus's delta variant. Shanghai, Tokyo, Hong Kong and Sydney all retreated, giving up the...

Asian stocks mixed as investors await US inflation data

Sep. 14, 2021 00:01 AM EDT

BEIJING (AP) — Asian stock markets were mixed Tuesday as investors waited for an update on U.S. inflation that has been stronger than expected. Shanghai and Hong Kong advanced, while Tokyo and Seoul retreated. Wall Street's benchmark S&P 500...

Asian shares trend lower after Wall St ends with weekly loss

Sep. 12, 2021 23:34 PM EDT

Shares slipped Monday in most Asian markets after Wall Street benchmarks ended last week with a decline. Stocks fell in Tokyo, Hong Kong and Seoul but rose modestly in Sydney and Shanghai. Japan reported its wholesale prices were near a 13-year high...

Hong Kong Tiananmen vigil leaders charged with subversion

Sep. 10, 2021 03:45 AM EDT

HONG KONG (AP) — Three leaders of the group that organized an annual Tiananmen candlelight vigil were being held in custody Friday after they were charged with subversion under Hong Kong's national security law, as authorities intensify a crackdown on dissent in the city. ...

Asian shares rebound; Wall St headed for weekly decline

Sep. 09, 2021 22:54 PM EDT

Shares were higher in Asia on Friday as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks. Shares rose in Tokyo, Hong Kong and other major markets, bouncing...