Hong Kong’s retailers will need to get creative to survive the deepening recession that’s enveloped the city as tourists from the mainland who fueled past rebounds are unlikely to come to the rescue ... ( read original story ...)
Coronavirus latest: Beijing warns Hong Kong protesters it will not ‘sit idly by’
China brands anti-government demonstrators as ‘political viruses’, increasing the rhetoric as the territory eases social distancing restrictions. ( read original story ...)
Hong Kong business activity shrinks further in April on slumping demand
Business activity in Hong Kong shrank further in April, a private sector survey showed on Wednesday, as the conronavirus pandemic weighed heavily on demand, output and business confidence. ( read original story ...)
Hong Kong shares end firmer as city scales back lockdown measures
Hong Kong shares closed higher on Tuesday after the Asian financial hub scaled back social distancing measures put in place to curb the spread of the pandemic, and as economies elsewhere also showed ... ( read original story ...)
Is This The Right Time For A Chinese IPO In US? Kingsoft Cloud Will Soon Find Out
From this sale, Kingsoft Cloud expects to generate net proceeds of between $392 million and $451 million. The company would then have a market value of between $3.6 billion and $3.8 billion. Kingsoft ... ( read original story ...)
Hong Kong Retail Sales Plunge as Tourism Spending Dwindles
The coronavirus pandemic continues to deter consumer spending in Hong Kong, with travel restrictions halting tourist trade and government orders keeping residents away from stores amid fears of ... ( read original story ...)
NetEase looks to Hong Kong secondary listing, sources say
Chinese technology group NetEase is set to become the next major mainland company to sell its shares in Hong Kong, two sources familiar with the matter said, in a secondary listing that one media ... ( read original story ...)
China Market Update: Bargain Hunters Lift Hong Kong
Alibaba HK (9988 HK) was the most heavily traded stock today off -0.63% as short selling increased on speculation that US-listed shares were being converted to Hong Kong shares to be sold. ( read original story ...)
Stocks gain from Hong Kong to Wall Street on reopening hope
Stocks rose worldwide on Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge that is sweeping the global economy. The S&P ... ( read original story ...)
Coronavirus Economic Impact: One Major City Suffers Worst Financial Quarter On Record
Prior to the outbreak of COVID-19, Hong Kong had been experiencing the first ongoing recession in 10 years, due largely to the U.S.-China trade war and the fierce anti-government protests that have ... ( read original story ...)
Reuters Pulitzer team captured Hong Kong’s descent into chaos
Detained by Hong Kong authorities, she screams her name out to friends so they can call a lawyer to help. The picture, taken on Sept. 2 last year in the midst of huge and violent protests that rocked ... ( read original story ...)
Stocks rally from Hong Kong to Wall Street on reopening hope
Stocks rallied worldwide on Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge that is sweeping the global economy. The ... ( read original story ...)
Reopening rally stretches from Hong Kong to New York
Stocks rallied worldwide on Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge sweeping the global economy. The S&P 500 rose 1.5% in ... ( read original story ...)
Hong Kong March retail sales plunge 42% due to coronavirus
Hong Kong's retail sales fell by 42% in March from a year earlier, as travel restrictions kept tourists away and most residents steered clear of shops and restaurants for fear of catching the ... ( read original story ...)