Page 2 - Hong Kong

Typhoon hits Hong Kong, China after killing dozens in Taiwan, Philippines

Typhoon Ragasa, one of the strongest storms to hit Asia in years, whipped waves taller than lampposts onto Hong Kong promenades and turned seas rough on the southern Chinese coast after leaving deadly destruction in Taiwan and the Philippines. In Taiwan, 17 people died on Wednesday after floods submerged roads and carried away vehicles in one county, and 10 deaths were reported in the northern Philippines. More than 2 million people were relocated across Guangdong province, the southern Chinese economic powerhouse, China's state-run Xinhua news agency said. A weather station in Chuandao town recorded maximum gusts of 241 kph (about 150 mph) at noon, a high in Jiangmen city since record-keeping began. State broadcaster CCTV said the typhoon made landfall along the coast of Hailing Island in Yangjiang city at about 5 pm, packing maximum winds near the center of 144 kph (89 mph). Violent winds battered trees and buildings, with torrential rain lowering visibility, video from Xinhua ...

Hong Kong bankers book luxury hotels near offices for typhoon trading

Super Typhoon Ragasa marks the biggest test yet for a change implemented last year by the Hong Kong stock exchange to keep trading open during severe weather

Thousands evacuated in Hong Kong after discovery of large WWII-era bomb

Thousands of people were evacuated from their homes in Hong Kong overnight so experts could defuse a large US-made bomb left over from World War II that was discovered at a construction site. Police said the bomb was 1.5 metres in length and weighed about 1,000 pounds (450 kilograms). It was discovered by construction workers in Quarry Bay, a bustling residential and business district on the west side of Hong Kong Island. We have confirmed this object to be a bomb dating back to World War II, said Andy Chan Tin-Chu, a police official, speaking to reporters ahead of the operation. He said that because of the exceptionally high risks associated with its disposal, approximately 1,900 households involving 6,000 individuals were "urged to evacuate swiftly. The operation to deactivate the bomb began late Friday and lasted until around 11:30 am on Saturday. No one was injured in the operation. Bombs left over from World War II are discovered from time to time in Hong Kong. The city was .

Asia Cup 2025 Group B points table: AFG, SL, BAN, HKC team standings

Sri Lanka remain with a perfect record in Group B with 2 wins from 2 against Bangladesh and Hong Kong.

Asia Cup 2025: Sri Lanka vs Hong Kong playing 11, timing, live streaming

Sri Lanka were dominant in their opening fixture, brushing aside Bangladesh with clinical performances in both departments.

Hong Kong pitches itself as local assembly base for Chinese EV makers

Hong Kong seeks growth through new industries after economic setbacks from political crackdowns, COVID isolation, and a property slump, weakening its status as a top financial hub

Hong Kong court hearing final arguments in Jimmy Lai's security trial

A Hong Kong court began hearing final arguments Monday in the landmark national security trial of former pro-democracy newspaper founder Jimmy Lai, who could be sentenced to up to life in prison if he is convicted. Lai, 77, was arrested in 2020 under a national security law imposed by Beijing following anti-government protests in 2019. He is being tried on charges of colluding with foreign forces to endanger national security and conspiring with others to issue seditious publications. Lai founded Apple Daily, one of the local media outlets that was most critical against Hong Kong's government. His high-profile case which has already stretched nearly 150 days, far beyond the original estimate of 80 days is widely seen as a trial of press freedom and a test for judicial independence in the Asian financial hub. Prosecutors allege that Lai asked foreign countries, especially the United States, to take actions against Beijing under the guise of fighting for freedom and democracy. On

Evergrande delisting over $45 billion debt deepens China property crisis

The delisting comes as liquidators sifting through the books revealed that the developer's debt load now stands at about HK$350 billion ($45 billion), much bigger than previously disclosed

Taiwan probes 16 Chinese technology companies for illegal operations

Investigators said the companies allegedly faked business registrations, pretending to be branches of overseas firms with foreign or Taiwanese investment

Sacred Buddha relics set for auction in Hong Kong in May, returns to India

A portion of the sacred Buddhist relics excavated in the northern parts of the country in 1898, which was earlier set to go under the hammer at an international auction house in Hong Kong in May, was returned to India on Wednesday. "This momentous repatriation has been made possible through an exemplary public-private partnership between the government of India and the Godrej Industries Group," the Ministry of Culture said. The sacred Piprahwa relics, carried in a box, were received by Union Culture Minister Gajendra Singh Shekhawat at a technical area of the Delhi airport, a senior official said. "This successful repatriation sets a benchmark in cultural diplomacy and collaboration, showcasing how strategic partnerships between public institutions and private enterprise can protect and preserve global heritage," the ministry said. The sacred Piprahwa relics will be formally unveiled during a special ceremony and placed on public display, allowing citizens and visitors to pay homag

Hong Kong's CK Hutchison seeks Chinese investor to join Panama Ports deal

A Hong Kong conglomerate that's selling ports at the Panama Canal said Monday it may seek a Chinese investor to join a consortium of buyers, a move that could please Beijing but bring more U.S. scrutiny to the geopolitically fraught deal. CK Hutchison Holdings' initial plan to sell its port assets to a group that includes U.S. investment firm BlackRock Inc. pleased President Donald Trump, who has alleged that China interferes with the critical shipping lane's operations in Panama. However, they apparently angered Beijing and drew a review from Chinese anti-monopoly authorities. A Beijing-backed newspaper posted scathing commentaries about the deal, with one describing it as a betrayal of all Chinese. Beijing's offices overseeing Hong Kong affairs have reposted some of these commentaries, widely seen as an indication of Chinese leaders' stance. A Hutchison subsidiary has operated ports at both ends of the Panama Canal since 1997. After months of uncertainty brought by tensions betwe

HKMA penalises IOB's Hong Kong branch for breaching AML regulations

The Hong Kong Monetary Authority imposes a penalty on Indian Overseas Bank's Hong Kong branch for violating anti-money laundering regulations from May 2021 to January 2024

Typhoon Wipha causes major flight disruptions in Hong Kong, southern China

Airports in Hong Kong, Shenzhen, Zhuhai and Macao canceled or postponed all their daytime flights, their websites showed

Hong Kong's new prison rules to restrict visits, including those by lawyers

Hong Kong tightened prison rules, allowing authorities to restrict visits, including those by certain lawyers and religious personnel, on national security grounds, in the latest expansion of its stringent control. Under the new rules, effective Friday, magistrates can issue warrants on application by correctional service officers to bar exchanges between specific legal representatives and persons in custody if the judges believe such connections could harm national security or cause bodily harm to any person, among other reasons. The department can also restrict certain visits, including those made by specific chaplains, for purposes such as maintaining national security, preventing crime and facilitating inmate rehabilitation. Critics worry the changes could undermine inmate rights in a city where many democracy advocates were arrested for their political activism following massive anti-government protests in 2019. The city now has two national security laws that Beijing deemed ..

Apple supplier Lens Technology to debut in Hong Kong after $607 mn float

Headed by China's second-richest woman, Lens Technology is the latest China-traded company to set its sights on Hong Kong

Shein files for IPO in Hong Kong after facing setbacks in US, UK listings

Shein's plan to go public in the US, and later in the UK, hit a roadblock due to growing scrutiny over its labour practices, data handling, and rising regulatory and geopolitical pressure

Apple supplier Lens Tech seeks up to $606 million in Hong Kong listing

The maker of mobile phone glass covers and other components for consumer electronics is part of a wave of Chinese companies listed on mainland exchanges seeking to sell shares in Hong Kong

WFM Asia offloads 2.84% stake in Star Health Insurance for ₹701 crore

Hong Kong-based WFM Asia on Wednesday divested a 2.84 per cent stake in Star Health and Allied Insurance Company for nearly Rs 701 crore through an open market transaction. Hedge fund manager WFM Asia, through its affiliate WF Asian Smaller Companies Fund, offloaded more than 1.66 crore equity shares or 2.84 per cent stake in Star Health and Allied Insurance Company, as per the bulk deal data on the NSE. The shares were disposed of at an average price of Rs 420.03 apiece, taking the deal value to Rs 700.86 crore. At the end of the March quarter, WFM Asia, through its arms WF Asian Reconnaissance Fund and WF Asian Smaller Companies Fund, owned a 3.48 per cent stake in Chennai-based Star Health and Allied Insurance. Meanwhile, SBI Mutual Fund acquired over 1.64 crore shares, representing a 2.8 per cent stake in Star Health for nearly Rs 690 crore. Shares were purchased at an average price of Rs 420 per piece. Details of other buyers of Star Health and Allied Insurance Company's sha

Security key to Hong Kong's continued prosperity, says China's HK official

Xia's speech at the forum represents the most public appearance he has made during his five-day trip that began Wednesday, which has included meetings with political and business leaders

'We don't want to continue': Air India pilot returns flight to Hong Kong

The aircraft was a Boeing 787-8 Dreamliner, the same as the one involved in the brutal crash that killed 241 people out of 242 on board in Ahmedabad