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BEIJING, China (AFP) — Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results. Bao Fan, the group’s billionaire chairman and executive director, went missing in February and was later revealed to be “cooperating” in an official investigation — sparking fears of a renewed crackdown on China’s finance sector. The bank, which specializes in the Chinese tech […]
HONG KONG, China (AFP) — One of Hong Kong’s best-known rights activists was arrested by the city’s national security police on Tuesday over alleged witness tampering, a police source told AFP. Albert Ho, 71, formerly led the now-disbanded Hong Kong Alliance, which organized an annual candlelight vigil for more than three decades to mourn the victims of China’s bloody crackdown at Tiananmen Square in 1989. The lawyer is already facing up to a decade in […]
HONG KONG, China (AFP) — A high-rise building under construction in Hong Kong erupted in flames and was still burning hours later, with some nearby residential blocks evacuated early Friday after the fire threatened to spread. Officials said the fire initially broke out at 11:11 pm (1511 GMT) Thursday in the heart of Tsim Sha Tsui, a busy shopping and tourist district on the city’s harborfront. It eventually escalated to the fourth level of severity […]
HONG KONG, China (AFP) — Hong Kong’s largest national security trial opened Monday with dozens of pro-democracy figures accused of trying to topple the government in a case critics say reflects the criminalization of dissent in the Chinese territory. The 47 defendants, who include some of the city’s most prominent activists, face up to life in prison if convicted of “conspiracy to commit subversion” for involvement in an unofficial primary election. The group reflects a […]
HONG KONG, China (AFP) — China said on Friday it will fully restore travel across its borders with Hong Kong and Macau next week, dropping Covid testing requirements and daily quotas after a lengthy pandemic separation. The semi-autonomous cities have both stuck to Beijing’s zero-Covid strategy for nearly three years, splitting families, cutting off tourism and suffocating businesses. The State Council’s Hong Kong and Macao Affairs Office said on Friday that all remaining restrictions would […]
HONG KONG, China (AFP) – Google said Thursday it does not manipulate search results, after Hong Kong’s government said the tech giant had refused its demand to remove a popular protest song. The controversy began after it emerged that links to the pro-democracy song “Glory to Hong Kong” appeared ahead of China’s official “March of the Volunteers” when people searched for the city’s anthem. The song was accidentally played for Hong Kong athletes at two international […]
HONG KONG, China (AFP) – Google has a “moral obligation” to stop a democracy protest song appearing in search results, Hong Kong’s leader said Tuesday, as row over China’s national anthem widened to include the tech giant. Hong Kong officials have been infuriated by a series of mistakes at international sporting events in recent weeks when a protest song has been played instead of China’s national anthem for the city’s athletes. Their ire has increasingly focused […]
HONG KONG, China (AFP) – Hong Kong’s government reacted with fury on Monday after a popular democracy protest song was played instead of the Chinese national anthem for the city’s team at a rugby sevens tournament in South Korea. The city’s sports teams play the Chinese national anthem, but before Hong Kong took on South Korea in the final of the Asia Rugby Sevens Series in Incheon on Sunday, “Glory to Hong Kong” was played instead. […]
by Jerome Taylor and Holmes Chan Agence France-Presse HONG KONG, China (AFP) — Hong Kong’s US-sanctioned leader insisted Wednesday that political stability and business confidence in the city has been restored following the crushing of democracy protests, as he opened a financial summit attended by global bankers including leading Wall Street executives. Hong Kong is hosting a week of high-profile events after years of political unrest and pandemic travel curbs tarnished the city’s business-friendly reputation, […]
by Jerome Taylor and Su Xinqi Agence France-Presse HONG KONG, China (AFP) — The recent visit of a Russian megayacht to Hong Kong has sparked warnings from corruption investigators that the city could become a haven for oligarchs and officials hiding from Western sanctions. The Nord — a $500 million vessel linked to Russian billionaire Alexei Mordashov — spent a little over three weeks in the Chinese territory before leaving last Thursday. Mordashov is among […]
HONG KONG, China (AFP) – Hong Kong stocks soared more than five percent at the open of trade Wednesday as investors returned from a public holiday to play catch-up, with a global rally fuelled by easing concerns about central bank interest rate hikes. The Hang Seng Index climbed 5.16 percent, or 880.59 points, to 17,960.10. Mainland Chinese markets are closed all week for a national holiday. The surge came in line with an advance across […]
by Su Xinqi and Jerome Taylor Agence France Presse HONG KONG, China (AFP) — Hong Kong announced Friday it will end mandatory hotel quarantine, scrapping some of the world’s toughest travel restrictions which have battered the economy and kept the finance hub internationally isolated. The long-awaited move will bring relief to residents and businesses clamouring for the Asian business hub to rejoin the rest of the world in resuming unhindered travel and living with the […]
