Hong Kong

Authorities in China Evergrande Group's home base in Guangdong Province have repeatedly deployed security teams to turn away demonstrators demanding payment at the company's offices.
Property

China Evergrande auditor unable to meet deadline for results

Group reveals $2.1bn in deposits seized by banks from property management unit

22 March 2022
Hong Kong is lifting a flight ban from nine countries, including the U.S., the U.K. and Australia, although only Hong Kong residents will be allowed to fly into the city.
Coronavirus

Hong Kong to ease restrictions in marked shift from zero-COVID

City says it will lift flight bans, cut quarantine period as frustration grows

21 March 2022
The Hong Kong and Singapore stock markets have cautiously embraced SPAC listings, eager to emulate the success enjoyed by U.S. markets. (Source photos by Getty Images and Akira Kodaka) 
Market Spotlight

Hong Kong, Singapore investors tread carefully on SPAC listings

Financial centers look unlikely to recreate U.S. boom in shell company IPOs

21 March 2022
Buy now, pay later payment platforms are proving a harder sell with consumers in Asian compared with other markets, despite early investor excitement over the latest financial technology trend.
Finance

From Hong Kong to Philippines, 'buy now, pay later' a tough sell

Much-hyped consumer financing method lags behind mobile wallets in Asia

19 March 2022
China Merchants Bank is sponsoring the listing of Aquila Acquisition, Hong Kong's first SPAC.
IPO

Hong Kong's first SPAC gets tepid welcome from investors

IPO of China Merchants-backed Aquila Acquisition just meets HKEX's $128m minimum

17 March 2022
Shares of video-sharing platform Bilibili rallied on March 16 as Chinese stocks rebounded from a multi-day selloff.
Markets

Chinese stocks stage record rally as Beijing moves to calm markets

Comeback continues in New York after Hang Seng has largest gain since 2008

17 March 2022
Hongkong and Shanghai Hotels has been working to turn the former headquarters of Myanmar Railway into the luxury Peninsula Yangon hotel. (Courtesy Hongkong and Shanghai Hotels)
Myanmar Crisis

Peninsula Hotels takes $87m write-off on halted Yangon project

Hong Kong-based luxury chain to revive development at 'suitable time'

16 March 2022
Marija Ralic, Asia lead at philanthropic arm Google.org, top center, said the $6m seed fund would "supercharge" nonprofit organizations working on air pollution, waste, biodiversity, renewables, or the circular economy.
Climate Change

Google launches $6m seed fund for Asian climate tech

Tech giant commits to fight "most pressing" challenges at ADB event

16 March 2022
Watsons put its brand on its Russian stores in 2018, 13 years after buying local health and beauty chain Spektr. 
Ukraine war

Li Ka-shing's Watsons drugstore chain pulling out of Russia

Group says decision made in January over 'unsatisfactory performance'

16 March 2022
Hong Kong-listed shares in Alibaba Group Holding have hit new all-time lows.
Markets

Chinese technology stocks swing wildly in Hong Kong

Hang Seng sector index rebounds fully from 7% plunge, then falls back down

15 March 2022
Hong Kong Chief Executive Carrie Lam's administration has been criticized for frequent U-turns as it fights a wave of omicron-driven COVID-19 cases and deaths.
Asia Insight

China scrambles as COVID exposes cracks in Hong Kong leadership

Deadly omicron wave dents city's global status, while mainland fights spillover

15 March 2022
Chinese gaming platforms last year were forced to limit users under age 18 to play during three specified hours each week.
China tech

China regulator to extend youth time limits to videos and WeChat

New draft regulation accelerates sell-off in technology stocks

14 March 2022
Biotechnology company BeiGene and Yum China, which runs the KFC chain in China, have been told by the U.S. Securities and Exchange Commission that they face delisting.
Markets

Chinese stocks tumble in Hong Kong after SEC delisting warning

Didi Global drops up to 20% in premarket trading after report of listing delay

11 March 2022
The Swire group's flag is seen with the Chinese flag. Swire aims to focus on growth opportunities in greater China.
Business deals

Hong Kong's Swire unloads marine services unit for $190m

With sale of money-losing business, group focuses on growth areas like real estate

11 March 2022
A JD.com advertisement in Beijing features freestyle skier Eileen Gu.
Retail

JD.com posts 1st annual loss since 2018 as new businesses bleed cash

Shares drop as much as 18% after latest results from Alibaba rival

11 March 2022
Prudential is "very unlikely" to move its head office functions out of Hong Kong, according to interim chief Mark FitzPatrick.
Companies

Prudential hesitates on basing new CEO in Hong Kong

Company says financial hub's COVID-19 restrictions 'challenging' for next chief

9 March 2022
Higher cargo revenues helped Cathay cut its 2021 annual loss.  
Transportation

Cathay Pacific records $783m loss amid grim outlook

Hong Kong airline group warns COVID controls will keep most flights grounded

9 March 2022
Nio, which sponsors a Formula E racing team, is set to list in Hong Kong just 11 days after disclosing its intention to access the market.  
Markets

Nio leads way to alternate route for Hong Kong market listing

Didi also expected to take 'by introduction' shortcut to exchange

8 March 2022
Alibaba Group Holding is listed in New York and Hong Kong, where its shares fell to an all-time low on Friday.
China tech

Alibaba shares sink to new low amid gloomy China tech outlook

Intense regulatory scrutiny, heated competition and COVID cloud growth prospects

5 March 2022
Patients rest in a makeshift treatment area outside a hospital in Hong Kong on March 2.
COVID-19 Recovery Index

Hong Kong sinks in Nikkei Recovery Index after 'zero-COVID' fails

City falls 87 spots as omicron sets records; Cambodia, Malaysia also drop

4 March 2022
Documentary by director Kiwi Chow, right, now in self-exile from Hong Kong, hit theaters across Taiwan last Friday.
Arts

Hong Kong protest film strikes a chord in Taiwan

Documentary, and Ukraine conflict, spur debate on island's readiness for war

3 March 2022
The United States has advised citizens not to travel to Hong Kong, citing its deteriorating virus situation, as overwhelmed hospitals are forced to put the sick in makeshift treatment areas.
Coronavirus

Hong Kong fights lockdown panic as COVID count hits record

City leader rules out lockdown, calls for calm ahead of mass testing plans

2 March 2022
Pro-democracy activist Tam Tak-chi was arrested on sedition charges in 2020. Prosecutors argued that his chanting anti-police slogans amounted to spreading "hatred or contempt against the government."
Hong Kong security law

Hong Kong pro-democracy activist convicted over protest slogans

Former radio host Tam Tak-chi in custody for 541 days since sedition charges arrest

2 March 2022
Nio is also seeking a secondary listing in Singapore as it looks to expand its presence in Asia.
Markets

Chinese EV maker Nio plans secondary listing in Hong Kong

Tesla rival seeks greater brand awareness across Asia

1 March 2022
Though Hong Kong's airport arrival halls are now eerily quiet, many people come to its departure gates to say goodbye to emigrating residents.
Society

Hong Kong population drop accelerates amid worst COVID outbreak

Exodus of skilled workers worries business groups

28 February 2022