Hong Kong

Alibaba's quarterly revenues fell slightly short of analyst estimates.
China tech

Alibaba earnings drop on increased investment in new businesses

Chinese online retail leader expands stock buyback plan by 50%

3 August 2021
Building on the Li One, Li Auto plans to add three more electric SUV models over the next two years. 
3 August 2021
Anthony Wong, seen here at a 2019 event, performed two songs at a campaign rally for Democratic Party candidate Au Nok-hin, who went on to win election. 
Politics

Hong Kong pop star Anthony Wong arrested for singing at rally

Performance at 2018 election event labeled as illegal voter 'entertainment'

2 August 2021
An executive order by U.S. President Joe Biden bars American investors from buying several Hong Kong-listed companies controlled by the Chinese government as of Monday. 
Market Spotlight

Trading tax hike adds to Hong Kong market gloom

Ongoing pivot toward China tech stocks sees bears stalk Hang Seng benchmark

2 August 2021
Passengers take a selfie before departing to the U.K. at Hong Kong International Airport in late June.
Politics

Fears of Hong Kong 'exit ban' add to emigration wave

Law kicking in Sunday another factor driving exodus to countries with open arms

31 July 2021
Police raise the Chinese national flag and the Hong Kong flag at an event in the territory marking National Security Education Day on April 15.
Politics

Hong Kong police track down and arrest man over China anthem snub

40-year-old reporter accused of disrespect at Olympics viewing party

30 July 2021
A police officer stands guard for Tong Ying-kit's arrival at the Hong Kong High Court for sentencing on July 30.
Hong Kong security law

Hong Kong man given 9-year sentence in first security law case

Term given former waiter Tong Ying-kit likely to set precedent for others

30 July 2021
China applying its anti-sanctions law to Hong Kong would impact financial institutions in the city that comply with U.S. sanctions.
US-China tensions

China poised to impose anti-sanctions law on Hong Kong

City's multinationals face financial risk, caught in US-Beijing tug of war

29 July 2021
Apple Daily publisher Next Digital's Hong Kong headquarters: The company is now the target of a fraud investigation.
Media & Entertainment

Hong Kong fraud probe deals latest blow to Apple Daily publisher

Government dusts off investigative tool not used in over two decades

29 July 2021
Hong Kong fencer Edgar Cheung Ka-long holds the Olympic gold medal for the foil event, held July 26 in Chiba, Japan.
Tokyo 2020 Olympics

Hong Kong's first Olympic gold since handover brings rare unity

But politics remain near surface, as some fans shout over Chinese anthem

28 July 2021
Police were on guard Tuesday at the Hong Kong High Court ahead of the delivery of the verdict in Tong Ying-kit's case.
Politics

Hong Kong court delivers first national security law conviction

Motorcyclist Tong Ying-kit found guilty of terrorism and secession

27 July 2021
If China Evergrande distributes a major part of its holdings in Evergrande NEV as a dividend, it can remove the unit's debts from its balance sheet. 
China debt crunch

Dividend sweet talk fails to charm China Evergrande investors

Analysts speculate shareholders will get stock in EV unit

26 July 2021
Five union activists were arrested by Hong Kong police on July 22 over the publication of a series of children's books which the authorities described as "seditious materials."
Business trends

Hong Kong crackdown unnerves Japanese companies

Impact of exodus kicks in as worry over national security law resurges

26 July 2021
Analysts expect demand from Chinese financial companies for Central office space to surge again once COVID controls on mainland travelers are relaxed. 
Property

Demand for central Hong Kong offices returns

Near-30% decline in rents helps lure back tenants from outlying areas

23 July 2021
Police lead away one of five union members arrested in Hong Kong on July 22, on suspicion of publishing and distributing seditious materials. 
Politics

Hong Kong speech therapists charged over 'seditious' kids' books

Union members sought to 'stir hatred' against the authorities, police claim

22 July 2021
"The fundamentals of the company still remain intact," Fred Hu said of Ant Group. 
Interview

Ant Group director sees relaunch of IPO 'before too long'

Primavera's Fred Hu: crackdown will make China tech sector 'more competitive'

22 July 2021
Hong Kong banks have stopped approving mortgages for properties under development by China Evergrande Group in the city, sources say.
China debt crunch

Hong Kong banks suspend mortgages to Evergrande projects in city

Cutoff deepens woes of world's most indebted property developer

22 July 2021
People browse books at the Hong Kong Book Fair on July 19. The event was once regarded as a symbol of publishing freedom in the territory under the "one country, two systems" arrangement.
Politics

At tense Hong Kong Book Fair, buyers snap up political titles

Some authors and sellers withdraw items, fearing China-imposed security law

21 July 2021
A worker installs a net cam at the 3x3 basketball venue on July 17 for the Tokyo Olympics: Spectators have been barred from the events to limit the spread of COVID-19.
Your Week in Asia

The Games begin, Foxconn shareholders meeting and Hong Kong's doxxing law

Your weekly lineup of Asia's biggest business and political events

18 July 2021
Hong Kong police outside Apple Daily's headquarters last year: The head of China's Hong Kong office apparently called the force "the pride" of not only the city but the nation.
Politics

China's Hong Kong policy head calls for wider security clampdown

After closed-door meeting, Carrie Lam lays out five demands from Beijing

16 July 2021
Prenetics is known for its COVID-19 screening work for the English Premier League as well as airports in Hong Kong and London. (Photo courtesy of Prenetics)
Health Care

Hong Kong tycoon's SPAC to buy COVID tester Prenetics

Deal with Adrian Cheng's Artisan Acquisition to value startup at $1.3bn

16 July 2021
Five companies began trading on the HKEX on Friday after raising a combined $630 million.
IPO

Hong Kong's hot market enjoys busiest IPO day in six months

City draws Chinese companies facing Beijing clampdown and potential US delisting

16 July 2021
The 31st annual Hong Kong Book Fair kicks off on July 14, after a year off due to COVID-19. The national security law Beijing imposed in June 2020 is looming over the event. (Photo by Stella Wong)
Politics

Publishers brace for police peril at Hong Kong Book Fair

Exhibitors avoid 'sensitive' titles as organizer warns on security law violations

14 July 2021
Alibaba co-founder Joe Tsai intends to give "Greater Bay Area ... innovators and entrepreneurs a bigger platform for growth."
Startups

Alibaba to back $257m 'Greater Bay' venture fund

Investments aimed at boosting entrepreneurship in South China megalopolis

13 July 2021
Hong Kong's Victoria Park on the 32nd anniversary of the Tiananmen Square crackdown on pro-democracy demonstrators: The organization that hosted the vigil says it will dismiss its entire staff.
Politics

230 elected pro-democrats quit Hong Kong local councils

Loyalty pledge requirement accelerates crackdown against political activism

13 July 2021