Beijing announced sanctions on seven American citizens and entities on Friday (July 23) in response to a US advisory on deteriorating freedoms in Hong Kong, just days ahead of a visit from a senior ... ( read original story ...)
China Sanctions Wilbur Ross, Others Over U.S. Hong Kong Warning
China’s Foreign Ministry said the government is sanctioning seven people and entities, including former U.S. Commerce Secretary Wilbur Ross, in retaliation for a Biden administration warning to ... ( read original story ...)
Hong Kong police arrest 5 speech therapists over children’s books deemed seditious
Five union members were arrested over children’s books and four journalists were denied bail in Hong Kong's widening crackdown on dissent. ( read original story ...)
Chinese Startup Meicai Weighs Hong Kong IPO After Crackdown
Meicai, a Chinese startup that connects restaurants with vegetable producers, is considering shifting its initial public offering to Hong Kong from the U.S. after Beijing’s recent crackdown on ... ( read original story ...)
Hong Kong stocks head for weekly loss with market wary of tech crackdown, virus impact
Local stocks are set for a weekly loss with market still wary of Beijing’s crackdown on tech sector, while a surge in Delta variant cases clouds economic recovery outlook. ( read original story ...)
Hong Kong Police Explain Reasons for Arrests Over Children’s Books
Authorities said the children's books looked to "beautify illegal behavior" and simplify political issues "not comprehensible by children." ... ( read original story ...)
Men Who Beat Hong Kong Protesters in Mob Attack Are Sentenced to Prison
In his ruling, a judge in Hong Kong said that the seven defendants had “viciously” attacked innocent people in a train station in July 2019. ( read original story ...)
Hong Kong Leader Jokes About Need for Law to Muzzle Media Leaks
Hong Kong’s leader criticized media who published her comments in a private meeting and joked that a law might be needed to curb such reporting -- comments that are likely to fan concerns about the ... ( read original story ...)
South Korea plays foolish game of IPO Whac-A-Mole
South Korea is learning how hard it is to cool down an overheating stock market. The country's financial regulator has intervened recently on the initial public offerings of video-game developer ... ( read original story ...)
Banks Rethink Evergrande Mortgage Halt After Queries From HKMA
HSBC Holdings Plc and Bank of China Ltd.’s Hong Kong unit are reconsidering their decisions to halt mortgages for China Evergrande Group’s unfinished residential properties in Hong Kong, after the ... ( read original story ...)
Hainan’s luxury market is here to stay and poised for stellar growth – McKinsey report
How will Hainan’s booming offshore duty free sector fare once Chinese outbound travel is normalised? That’s one of several key questions addressed in this insightful report, featuring a June survey of ... ( read original story ...)
Can Hong Kong retail recover without tourists?
After studying cash transfer programs conducted by its neighbors, Hong Kong is experimenting with putting money in people’s hands to help its struggling retailers. More than 6 million people have ... ( read original story ...)
Cannes’ Bombshell Hong Kong Protest Doc Director Speaks Out on Covering Pro-Democracy Demonstrations, Risking Imprisonment
The Cannes Film Festival always delivers a few cinematic discoveries, but the big surprise at this year’s edition was much more overt than usual. On July 16, just a day before the Palm ... ( read original story ...)
Coca-Cola Capitalism Meets Asia’s Plastic Disaster in Hong Kong
In 1978, when Coca-Cola became the first foreign firm allowed back into the People’s Republic of China after the Communist revolution, the company stuck with glass bottles at its new plant, rather ... ( read original story ...)