Hong
Jimmy Lai was the chief of the now-defunct Hong Kong tabloid Apple Daily.Now 77, he’s facing a life sentence in a national security trial in Hong Kong.He was arrested in August 2020 after the intense anti-China government protests of 2019.Jimmy Lai, once one of Hong Kong’s most outspoken media tycoons,…
HONG KONG (Reuters) – Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age of 95, his company said in a statement late on Monday. Lui, chairman of Macau casino company Galaxy Entertainment (OTC:), died in Hong…
By Lisa Barrington SEOUL (Reuters) – Chinese planemaker COMAC opened in Hong Kong its second office this week outside mainland China, a subsidiary said on Thursday, as the state-owned company tries to break into a global passenger jet market dominated by Western manufacturers. COMAC’s two commercial passenger planes are, with…
Lam Wing-kee relocated Causeway Bay Books from Hong Kong to Taipei.The bookstore, known for selling books critical of the Chinese Communist Party, moved to a cheaper location in Taipei.Despite slow sales, Lam remains committed to promoting freedom and democracy in Taiwan. Running a bookstore is a tough business anywhere in…
SHANGHAI (Reuters) – Chinese shares soared to two-year highs in frenzied trade on Tuesday, extending a blistering rally as mainland markets reopened after a week-long break, while Hong Kong shares slid as investors walked back some of the stimulus excitement. Mainland shares had added $600 billion in market value by…
By Julie Zhu, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – Offshore share offering plans of at least three Chinese bubble tea makers have been put on hold by the securities regulator due to the dour market performance of peers in Hong Kong amid weaker consumer sentiment at home,…
Investing.com– Asian stocks retreated on Wednesday as strength in the yen spurred a further unwinding in the carry trade, while losses in e-commerce major JD.com dragged down Hong Kong’s Hang Seng index. Regional markets tracked overnight weakness in Wall Street, as U.S. stocks snapped an eight-day rebound rally amid some…
By James Pomfret and Michael Martina HONG KONG/WASHINGTON (Reuters) – Semiconductors and other restricted goods shipped through China and Hong Kong to fuel Russia’s war effort fell by a fifth this year previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global sanctions evasion hotspot. Transshipments through…
If you’ve got millions in the bank and you want to spend them slowly, don’t move to Singapore.The Asian city-state is the most expensive major global city for high-net-worth individuals (HNWIs) to live in, according to a new report.Shanghai has dropped down the rankings from last year, falling from second…
By Jessie Pang HONG KONG (Reuters) – A Hong Kong protest anthem was removed by a UK digital music distributor from streaming platforms on Friday following a court injunction in the Chinese territory, the music creators said, as judges warned that dissidents could use the song against the state. DGX…
