China Economic Data

China’s Runaway Stock Rally Slows, Hong Kong Shares Slide Amid Investor Disappointment

The remarkable rally in China's stock markets began to show signs of fatigue on Tuesday, as Hong Kong shares took a steep tumble and mainland markets cooled off from their earlier peaks. Investors were left disappointed by the lack of...
Hong Kong

Beijing Urges Hong Kong’s Wealthy to Aid Economic Growth

As China's economy grapples with sluggish growth, the Chinese Communist Party (CCP) has called on Hong Kong’s elite families to spearhead an economic revival. However, the city’s wealthiest appear hesitant to answer this call, raising questions about the effectiveness of...
Hong Kong

Hong Kong Man Jailed for 14 Months Under Sedition Law for Wearing Protest Slogan T-shirt

A Hong Kong man has been sentenced to 14 months in prison after pleading guilty to sedition for wearing a T-shirt emblazoned with a protest slogan. This is the first case of its kind under a new local law passed...
Alibaba

Alibaba’s Primary Listing in Hong Kong: A Game-Changer for City and Its Stock Market

Alibaba Group Holding will finalize its long-awaited shift to a primary listing on the Hong Kong Stock Exchange today. This move, which upgrades its status from a secondary to a primary listing, could prove to be as significant for Hong...
Panda Pavilion at Ocean Park Hong Kong

Hong Kong Prepares to Welcome a New Pair of Giant Pandas Amid Hopes for Breeding Success

Hong Kong is set to enter an exciting new chapter in its long-standing relationship with giant pandas. As part of the celebration marking the 27th anniversary of the city’s return to China, the central government will be sending a new...
Hong Kong

Hong Kong’s Unique Path of Repression

Hong Kong's Chief Executive John Lee announced that the Hong Kong Special Administrative Region (HKSAR) will introduce its own national security law in 2024, a surprise given the effectiveness of the 2020 Beijing-imposed law. The 2020 law has been central...
Hong Kong

Hong Kong’s Semi-Democracy and Its Challenges

Hong Kong has experienced a decline in democracy since 2023, largely due to the introduction of the National Security Law by the Chinese government in 2020. This led to the arrest of at least 284 people and has resulted in...
Hong Kong

Is Hong Kong’s Economy on the Path to Recovery?

Hong Kong's economic recovery after the COVID-19 pandemic was short-lived and softer than expected, with private consumption growing but imports and exports remaining weak. Capital investment and tourism have also been lacking, with visitor arrivals only 65% of their 2018...
Microsoft's Activision Blizzard

UK Clears Path for Microsoft’s Activision Blizzard Mega-Deal

UK antitrust officials have approved Microsoft's planned takeover of Activision Blizzard, the creator of "Call of Duty" and other popular games. The Competition and Markets Authority announced that the merger had been cleared after the companies agreed to give up...
Cryptocurrency-Bitcoin

Hong Kong Crypto Firm’s $200M Loss: Unprecedented Cyber Theft of 2023

Hackers stole around $200 million from cryptocurrency firm Mixin, marking the largest crypto theft so far this year, according to Mixin's social media statement. The hackers breached Mixin's cloud service provider database, resulting in the loss of assets.
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