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The Latest Breaking News from Hong Kong

Asian markets mixed, Tokyo boosted by BoJ nominee

Hong Kong (AFP) - Asian markets were mixed Friday, with traders still occupied by long-running interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.

AFP

Girl, 11, dies from bird flu in country's first infection of virus since 2014

The bird flu, which is known as avian influenza, spreads in poultry but was only deemed a threat after a 1997 outbreak among customers of a live poultry market in Hong Kong - with most cases involving direct contact with infected birds

Daily Mirror

Hong Kong exchange reports IPO drought in 2022 as profits slide

Hong Kong (AFP) - Hong Kong's stock exchange last year saw the fewest new listings in more than a decade, it said Thursday as the city struggles to emerge from pandemic isolation and kickstart an economic recovery.

AFP

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Coronavirus: Hong Kong extends mask mandate to March 8, expert cites high risk of influenza

Hong Kong has extended its mask mandate till March 8, with an expert saying the rule should remain for a while as the population is vulnerable to influenza.

Bangkok Post

Asian markets mixed but little joy as traders eye more Fed hikes

Hong Kong (AFP) - Markets were mixed Thursday, with little buying enthusiasm after minutes from a Federal Reserve policy meeting indicated interest rates will likely keep rising longer than previously feared.

AFP

Hong Kong Relaunches Investment-for-Residency Program

City hopes to lure back bankers, lawyers and other professionals who decamped amid pandemic restrictions, though new program’s details are sparse

Caixin Global

Owlish by Dorothy Tse review – an anti-fairytale

Tse dissects the struggles of people and power in this subversive vision of perilous desire, set in a semi-imaginary Hong Kong

The Guardian - UK

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Chinese banker 'was looking to move wealth to Singapore before disappearance'

The missing founder of China Renaissance, Bao Fan, was looking to start a fund for his personal fortune, according to the Financial Times. Bao is one of the country's biggest financiers in the tech sector and could be the latest target of a crackdown on the industry. Also in the…

France 24

Hong Kong unveils US$97bn recovery budget

HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

Bangkok Post

Hong Kong unveils US$97 billion post-pandemic budget

Hong Kong (AFP) - Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

AFP

Hong Kong hands out cash, cuts duties in budget despite larger deficit

Hong Kong is set for back-to-back deficits but will give cash handouts and offer some help to first-time home buyers to help the economy recover from prolonged COVID-19 restrictions, the city's government announced in its budget on Wednesday.

Reuters

Asian markets drop as traders contemplate higher-for-longer rates

Hong Kong (AFP) - Asian markets sank Wednesday following hefty losses on Wall Street as still-strong economic data fanned expectations that US interest rates will go higher and stay there longer than expected.

AFP

Hong Kong revokes visa of Chinese scientist jailed over gene editing

Hong Kong (AFP) - Authorities in Hong Kong said late Tuesday they had cancelled the work visa of a Chinese biophysicist who was jailed for creating the world's first gene-edited babies, throwing cold water on his plans to relocate his research to the city.

AFP

Scientist convicted of editing babies’ genes has Hong Kong visa revoked over ‘false statement’

Local media report inquiry launched over application by Chinese scientist He Jiankui, whose work sparked ethics storm

The Guardian - UK

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AFP

Chinese scientist jailed over gene editing granted Hong Kong visa

Beijing (AFP) - A Chinese biophysicist who was jailed for creating the world's first gene-edited babies said on Tuesday he was seeking collaborators after Hong Kong granted him a research visa, to the consternation of the scientific community.

Fortune

Scientist who gene-edited human babies is out of jail, trying to start a comeback

Hong Kong's visa scheme for top talent has attracted an infamous applicant: He Jiankui, the Chinese scientist who controversially edited human embryos in 2018.

The Independent UK

Scientist behind gene-edited babies eyes work in Hong Kong

A Chinese scientist who set off an ethical debate five years ago with claims that he made the world’s first genetically edited babies says he hopes to research rare hereditary diseases in Hong Kong

Bangkok Post

Disgraced gene-splicer gets Hong Kong 'top talent' visa

HONG KONG: The disgraced Chinese scientist who created the world’s first genetically altered babies has received a “top talent” visa to work in Hong Kong.

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Bangkok Post

Beijing quietly backing HK crypto plans

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

AFP

Asian markets mixed, with rates set to go higher

Hong Kong (AFP) - Asian markets were mixed Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously predicted.

AFP

Asian markets mostly fall with rates set to go higher

Hong Kong (AFP) - Asian markets swung lower Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously predicted.

AFP

HSBC says pre-tax profits slip to $17.5 bn in 2022

Hong Kong (AFP) - Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, calling the ongoing impact of Covid-19 the main factor in its financial performance.

AFP

Asian markets fluctuate with rates set to go higher

Hong Kong (AFP) - Asian markets swung Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously feared.

Fortune

Air France-KLM CEO says China carriers have 'unfair advantage': Flying over Russia

European carriers have to skirt around Russia, adding hours to trips between Europe and Asia. Some Asian airlines don't have that restriction.

AFP

Asian markets rise but rate concerns cast shadow

Hong Kong (AFP) - Asian markets mostly rose Monday but traders remained on edge as they considered the prospect of more US interest rate hikes aimed at bringing down stubbornly high inflation.

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