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Posted on 31/05/2023

Hong Kong slides to new 2023 low; Asia markets mixed as China’s factory activity contracts

Asia-Pacific markets are set to fall as Wall Street considered the likelihood of Congress passing a tentative deal on raising the U.S. debt ceiling amid growing opposition within the GOP. on the tentative deal that House Speaker Kevin McCarthy and U.S. President Joe Biden agreed on a deal over the weekend.

Posted on 31/05/2023

Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

The Hang Seng index is 20% below its recent peak – a stark contrast to the reopening optimism that had once driven Asia-Pacific's benchmark index to a bull market.

Posted on 31/05/2023

Uyghur student not missing in Hong Kong – Amnesty

Rights group Amnesty International has corrected its report alleging an Uyghur student went missing from Hong Kong airport, saying he is "accounted for". "Abuduwaili Abudureheman... told us he did not ...

Posted on 31/05/2023

Uyghur student did not go missing in Hong Kong after being interrogated at airport, rights group says

Uyghur student Abuduwaili Abudureheman who was previously reported missing in Hong Kong following interrogations at the city’s airport said he did not travel to the area.

Posted on 31/05/2023

Hong Kong, UAE Central Banks Coordinate on Crypto Regulations

Their focus on cross-border trade settlements could open up the possibility of central bank digital currencies being used.

Posted on 31/05/2023

Crypto here to stay, must be regulated: Hong Kong treasury chief

Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because "virtual assets are going to stay", the city's minister overseeing financial services said ...

Posted on 31/05/2023

Canada’s top spy agency warns Hong Kong-born lawmaker she is on China’s ‘evergreen’ target list

Hong Kong-born Canadian Parliament member Jenny Kwan said that the Canadian Security Intelligence Service said she is on China's "evergreen" target list.

Posted on 30/05/2023

Rights group says Uyghur student reported to be missing in Hong Kong did not travel to city

SEOUL, South Korea (AP) — Amnesty International said Tuesday that a Uyghur student who it had said was missing in Hong Kong after being interrogated did not travel to the city, easing concerns over ...

Posted on 30/05/2023

Hong Kong, United Arab Emirates central banks move to strengthen ties

The central banks of Hong Kong and United Arab Emirates (UAE) said on Tuesday they plan to boost cooperation in multiple areas as the two markets seek to strengthen financial ties.

Posted on 30/05/2023

Asia markets trade mixed ahead of U.S. vote on debt ceiling deal; Hong Kong set for new lows

In Japan, the Nikkei 225 looks to breach new highs this year, with the futures contract in Chicago at 31,310, and its counterpart in Osaka at 31,280 against its last close at 31,233.54. Japan will ...

Posted on 30/05/2023

China stocks in Hong Kong enter bear market territory

Chinese stocks in Hong Kong fell into bear market territory amid mounting doubts about the outlook for the world’s second-largest economy and rising tensions between Washington and Beijing ...

Posted on 29/05/2023

Hong Kong Court Rejects Publisher Jimmy Lai’s Bid to Terminate His National Security Trial

A Hong Kong court has rejected a jailed publisher’s request to terminate his national security trial, pressing ahead with a landmark case seen as part of Beijing’s crackdown on the city’s pro-democrac ...

Posted on 29/05/2023

Hong Kong court rebuffs effort to dismiss Jimmy Lai national security trial

Lawyers acting for pro-democracy activist argued that proceedings may be biased due to judge selection ...

Posted on 29/05/2023

Hong Kong denies detaining Uyghur scholar

Abuduwaili Abudureheman was allegedly interrogated by police on arrival at Hong Kong airport.

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