Hong Kong
city and special administrative region of China
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-07-04 03:01
China takes steps to regulate fierce competition in the EV market - Chinese equities show mixed performance as the government addresses economic issues.
- Heightened concerns over price wars in the electric vehicle market have prompted government intervention.
- Investors are hopeful that regulatory efforts will stabilize the market and improve profit margins.
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military conflicts 2025-07-03 08:32
Chinese aircraft carrier Shandong docks in Hong Kong to promote patriotism - The Shandong, China's first domestically-built aircraft carrier, entered Victoria Harbour escorted by guided missile destroyers and a frigate.
- The visit coincided with the 28th anniversary of Hong Kong's return to China and aims to boost national pride.
- The arrival reflects the government's ongoing efforts to promote patriotism and emphasizes military modernization amid recent political tensions.
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business 2025-07-02 00:00
Dubai transforms into a tier-1 global city as foreign investments rise - Driven's report evaluates 28 indicators indicating Dubai's shift towards tier-1 global city status.
- Investment interest in the city surged during global uncertainties, prompting inquiries about relocation.
- 73% of stakeholders believe Dubai is already or soon will be a tier-1 city, demonstrating strong market confidence.
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society 2025-07-01 15:35
China aims to revive classic kung-fu films for Gen Z - China's film industry is initiating a project to remake popular Kung-Fu films from Hong Kong.
- The aim is to attract Gen Z audiences by instilling messages of strength and virtue.
- Success will depend on the ability to resonate with a younger demographic while revitalizing interest in traditional cinema.
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politics 2025-06-30 09:03
Pro-democracy party disbands amid intense pressure in Hong Kong - The League of Social Democrats has disbanded, marking a significant decline in pro-democracy advocacy in Hong Kong.
- Political pressure and repercussions led the party to cease its operations, unable to sustain its activism under the current political climate.
- The disbandment reflects the continuing crackdown on dissent and the shrinking space for civil society in Hong Kong.
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politics 2025-06-26 11:23
U.S. consulate criticizes Hong Kong repression of Independence Day events - The U.S. consulate criticized the Hong Kong government for its crackdown on Independence Day celebrations after local authorities cautioned against participation.
- Local education authorities reportedly advised schools to discourage teachers and students from attending events organized by U.S. diplomats.
- The consulate's condemnation reflects ongoing tensions related to freedom of expression in Hong Kong under the national security law.
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business 2025-06-25 00:00
Chinese government plans major financial support to boost consumption - Six Chinese government agencies have released measures to boost financial support for consumption.
- Asian equities rose in response to news of de-escalation in the Middle East and potential US interest rate cuts.
- These developments indicate a strong day for China's markets, emphasizing a positive outlook for future economic growth.
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society 2025-06-20 07:00
Air India faces safety scrutiny after technical issues with Boeing 787 - An Air India Boeing 787-8 made an emergency return to Hong Kong shortly after departure due to a technical issue.
- This incident occurred shortly after a catastrophic crash of a Boeing 787 in Ahmedabad, India, leading to safety concerns.
- Authorities have mandated Air India to implement more safety checks on all Boeing 787s following these incidents.
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military conflicts 2025-06-17 11:34
Air India's Dreamliner flight turns back due to technical issues after deadly crash - An Air India Boeing 787-8 Dreamliner experienced technical issues mid-flight and returned to Hong Kong safely on June 16, 2025.
- This incident occurred days after another Air India flight crashed in Ahmedabad, killing 241 people.
- The airline is under scrutiny and has been ordered to conduct inspections of all Boeing 787s in their fleet.
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society 2025-06-13 02:51
China cracks down on suspected colluders in joint operation - China's national security authorities and Hong Kong police conducted a joint operation targeting six individuals.
- The operation involved high-profile raids, seizures of documents, and the restriction of travel for the suspects.
- This action marks an intensified crackdown on dissent in Hong Kong, coinciding with the anniversary of the national security law.
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society 2025-06-11 11:46
Hong Kong police accuse mobile game app of promoting armed revolution - Hong Kong police formally accused a mobile game app of promoting secessionist agendas.
- The app allows players to assume roles that challenge China's communist regime.
- This action highlights a significant crackdown on dissent occurring in Hong Kong since 2019.
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society 2025-05-30 09:04
Jimmy Sham released from prison after four years for pro-democracy activism - Jimmy Sham was released from prison after serving over four years for his activism against national security charges.
- While in prison, he successfully advocated for legal recognition of same-sex partnerships, marking a significant decision for the LGBTQ+ community in Hong Kong.
- Sham expressed happiness upon his release but emphasized awareness of ongoing suffering among other activists still imprisoned.
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business 2025-05-30 00:00
Jardine Matheson appoints Lincoln Pan as CEO amid corporate overhaul - Lincoln Pan will succeed John Witt as CEO of Jardine Matheson starting December 1.
- Witt, who has been with Jardines since 1993, will continue in a non-executive role as chairman of Hongkong Land.
- The appointment of Pan is part of a wider corporate overhaul to modernize operations and enhance shareholder returns.
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society 2025-05-27 05:36
Hong Kong's giant pandas Jia Jia and De De inspire hopes for tourism boost - The pandas were named Jia Jia and De De in a ceremony at Ocean Park, Hong Kong.
- The names were winners from a contest with over 35,700 suggestions from residents.
- The popularity of the pandas is hoped to boost tourism and help revive Ocean Park's business.
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technology 2025-05-26 02:23
Victor Wong challenges traditional art with AI-generated Chinese ink paintings - In 2018, a significant auction saw an AI-generated artwork sell for $432,500.
- Victor Wong developed a robotic arm named AI Gemini, which produces traditional Chinese ink landscape paintings.
- Wong aims to merge human creativity with technological advancements in art, despite ongoing controversy over AI-generated art.
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business 2025-05-23 10:30
Eason Technology faces potential delisting after missing key filing deadline - Eason Technology Limited failed to file its Form 20-F for 2024 by the due date of May 15, 2025.
- The company is now under a monitoring period and must address this delinquency to avoid delisting.
- There is no immediate impact on trading, but future compliance is uncertain.
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business 2025-05-22 03:09
Asian markets tumble as U.S. debt worries escalate - Asian markets followed Wall Street lower on May 22, 2025, impacted by U.S. debt concerns.
- The Hang Seng Index and Shanghai Composite saw declines in response to rising Treasury yields.
- Investors remain uneasy about the economic outlook, exacerbated by uncertainty surrounding U.S. tariffs.
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business 2025-05-22 00:00
Hong Kong establishes regulatory framework for stablecoins - Hong Kong has passed a stablecoin bill to enhance its cryptocurrency licensing framework.
- The new regulations require stablecoin issuers to obtain licenses and ensure proper management of reserves.
- These measures aim to establish financial stability and position Hong Kong as a leader in compliant digital finance.
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business 2025-05-20 00:00
Richard Li’s FWD Group seeks another chance for Hong Kong IPO - FWD Group announced its fourth IPO attempt in May 2025 amid increasing investor interest.
- The company previously filed applications that lapsed in March 2023, September 2022, and February 2022.
- This new filing comes at a time of heightened activity in Hong Kong’s IPO market, leading to optimistic outlooks.
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technology 2025-05-16 08:16
Graphene -X raises over $150,000 in 12 hours for heated jacket - Graphene -X, based in Hong Kong, launched its ThermAdapt™ GX-Merino Heated Jacket on May 16, 2025.
- The jacket features AI-powered heating technology for real-time climate control.
- The successful Kickstarter campaign has already raised over $150,000 within 12 hours of launch.
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business 2025-05-12 00:00
CATL plans to raise over $4 billion in Hong Kong listing - CATL initiated a secondary listing in Hong Kong to raise over $4 billion.
- The company is facing challenges with U.S. investment restrictions amid geopolitical tensions.
- The successful execution of the plan is crucial for CATL's strategic expansion efforts.
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business 2025-05-10 10:05
InvestHK director promotes Hong Kong as a business gateway in Eastern Europe and Middle East - InvestHK's Director-General of Investment Promotion, Ms. Alpha Lau, is visiting Istanbul, Budapest, and Cairo to promote Hong Kong as a business hub.
- The initiative focuses on enhancing economic ties with key economies under the Belt and Road Initiative.
- These efforts aim to showcase Hong Kong’s advantages for companies looking to expand into Asia-Pacific markets.
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technology 2025-05-08 08:32
HKU iCube celebrates milestone with focus on AI's impact on talent management - The HKU iCube celebrates its second anniversary with an Annual Gala Luncheon.
- The luncheon addressed the theme of talent management in the age of AI.
- The event successfully fostered collaboration between academics, industry leaders, and policymakers.
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business 2025-05-07 00:00
CATL plans minimal discount for Hong Kong share sale - Chinese battery company CATL is set to raise approximately $5 billion through a Hong Kong listing.
- The company plans to offer shares at a discount of less than 10% compared to its Shenzhen-listed shares.
- This listing represents a significant financial event as the largest new share sale in four years for Hong Kong.
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society 2025-05-06 00:00
China and Hong Kong show market optimism after holiday break - Many Asian markets experienced a mix of performances as they reopened after significant holidays.
- Consumer spending in China surged during the holidays, demonstrating renewed economic activity.
- The ongoing discussions regarding U.S.-China trade relations continue to shape market sentiment.
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business 2025-04-30 00:00
China signals economic slowdown as manufacturing growth slows - China's trade data reveals a decline in manufacturing growth in April following a surge in March due to tariff concerns.
- Southbound investments into Hong Kong showed positive trends, marking April as a strong month for capital inflows.
- The dynamics of competition in delivery services are shifting with Alibaba's new Instant Commerce launch, positioning itself against established players.
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business 2025-04-30 00:00
CATL prepares to raise at least $5 billion in Hong Kong IPO - CATL plans to begin the bookbuilding process for its listing in Hong Kong the week of May 12, 2025.
- The planned offering could raise at least $5 billion, marking it as the largest IPO in Hong Kong since 2021.
- The funds from the IPO will be used in part to finance a €7.3 billion battery plant in Hungary.
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politics 2025-04-29 03:57
Four Hong Kong lawmakers freed after years in prison under controversial law - Claudia Mo, Jeremy Tam, Kwok Ka-ki, and Gary Fan were released after over four years in prison.
- They were convicted under a controversial Beijing-imposed law following their roles in an unofficial primary election.
- Their release highlights ongoing tensions surrounding civil liberties and protest suppression in Hong Kong.
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business 2025-04-29 00:00
Investors react as Hang Seng index fluctuates after positive government comments - Green Tea Group is set to go public on the Hong Kong Stock Exchange after multiple unsuccessful attempts.
- The Hong Kong market fluctuated, initially opening lower but later rising due to positive government comments.
- Overall, the mixed performance in the market reflects the resilience of consumer-driven firms amid trade tensions.
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business 2025-04-28 11:55
Hong Kong mourns property tycoon Lee Shau-kee after his passing - Lee Shau-kee passed away at the age of 97 on March 17, and was once the second-richest person in Hong Kong.
- His contributions spanned across various industries and he was awarded the Grand Bauhinia Medal for his service.
- Leaders from business and politics paid their respects, highlighting Lee's significant impact on Hong Kong.
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business 2025-04-28 04:46
Hong Kong strengthens economic ties with Zhejiang at major forum - The Hong Kong Investment Promotion Conference attracted over 600 government and business leaders.
- Key speeches highlighted Hong Kong's advantages in finance, innovation, and technology.
- The event aimed to foster collaboration between Zhejiang and Hong Kong for economic growth.
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society 2025-04-24 04:19
Cardinal Joseph Zen defies restrictions to attend Pope Francis' funeral - Cardinal Joseph Zen was granted permission to attend Pope Francis' funeral in Vatican City after regaining his passport.
- Zen's passport had been confiscated following his controversial arrest in 2022 under a national security law.
- This event highlights ongoing tensions between the Catholic Church and Chinese authorities regarding religious freedom.
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2023 All rights reserved