Axios VisualsHong Kong's Hang Seng Index dropped more than 5% on Tuesday — on the heels of a 5% drop on Monday — thanks to those COVID-related lockdowns as well as worries about renewed government ... ( read original story ...)
Hong Kong, Shanghai stocks tumble as new COVID-19 cases hit sentiment
Hong Kong stocks plunged more than six percent Tuesday, extending the previous day's tech-fueled rout that came after China tightened measures to contain the latest outbreak of COVID-19 in the tech ... ( read original story ...)
Ex-Hong Kong adviser condemns city leader over deadly Covid storm
A former top government adviser condemned Hong Kong's leader on Tuesday, calling for her to "resign in shame" over a deadly Covid-19 wave that has clogged the city's healthcare system and sent elderly ... ( read original story ...)
Hong Kong Dollar Faces Pressure to Drop as Fed Hike Nears
The Hong Kong dollar is coming under pressure to fall further as its interest-rate gap with the U.S. widens ahead of an expected Federal Reserve rate hike and as the city endures its worst Covid ... ( read original story ...)
Three Of China’s Richest Lose More Than $16 Billion In One Day As Stock Rout Hits Hong Kong-Listed Companies
Tencent cofounder Ma Huateng (also known as Pony Ma) led the dive with a $6.1 billion wealth plunge, followed by Nongfu Spring Chairman Zhong Shanshan’s $5.6 billion and Country Garden Co-chairman ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 78.6% in February
Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 5,000 shares, a growth of 78.6% ... ( read original story ...)
Hong Kong, Shanghai shares sink as virus trumps strong data
Share prices tumbled in China on Tuesday, with Hong Kong’s Hang Seng index down nearly 6% and the Shanghai Composite index sinking 5% as virus lockdowns and ... ( read original story ...)
Panic sellers sink Hong Kong indexes
Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing's close relationship with Russia and renewed regulatory risks sparked panic selling. ( read original story ...)
China’s Factories, Consumers Make High-Speed Start to Year
Industrial output, retail spending and investments blew past expectations, but Covid lockdowns and the war in Ukraine threaten to slow growth. ( read original story ...)
China tech rout: Hong Kong market sinks after JPMorgan calls stocks ‘uninvestable’ as global funds prepare to flee crisis
Losses snowball as JPMorgan cites macro and geopolitical risks while global funds prepare to flee China internet risks Hang Seng Index slides to a six-year low as US$460 billion of market value from ... ( read original story ...)
Hong Kong Covid divide: Expats get more perks while domestic workers lose their homes
Maria was just about to start a new job as a domestic worker in Hong Kong last month when she found out she had Covid-19. ( read original story ...)
Nearly Half of Hong Kong’s Population Has Already Caught Covid
About half of Hong Kong’s 7.4 million people have already been infected with Covid-19, according to an estimate of the damage caused by the deadly omicron wave that’s overwhelmed the city. ( read original story ...)
Asian markets struggle as Hong Kong dives again, oil retreats
Asian markets struggled again Tuesday, with Hong Kong tech firms leading another sharp equity selloff in the city following the Covid-19 shutdown of tech hub Shenzhen and worries over Russia's ... ( read original story ...)
Stephen Wong: The painter who builds up Hong Kong’s landscapes ‘like Legos’
In one of his most ambitious projects to date, landscape painter Stephen Wong sets out to capture Hong Kong's 100-kilometer (62-mile) MacLehose Trail across 10 large-scale canvases and nearly 40 ... ( read original story ...)