Latest Hong Kong HKEX Stock Market News
Japan’s JERA to invest $1.58bn in Philippine utility Aboitiz Power
TOKYO -- Japanese power generator JERA is investing $1.58 billion in the leading utility company in the Philippines, Aboitiz Power, as it hopes to benefit [more]
Japan to lift COVID emergency on Thursday
TOKYO -- The Japanese government will lift the COVID state of emergency covering Tokyo and 18 other prefectures on Thursday, prompted by progress in vaccinations and a [more]
Hong Kong’s capital market chalks up best nine months since 1980
The bonanza propelled the Hong Kong stock exchange to the world's third largest financial bourse, after the New York Stock Exchange (NYSE) and Nasdaq, ahead [more]
Xiaomi engages expert to assess Lithuania censorship claims
Lithuania cyber agency alleges that flagship phones sold in Europe by Xiaomi have a built-in ability to detect and censor terms such as 'Free Tibet'. [more]
Tokio Marine to back out of thermal coal mining projects
TOKYO -- Tokio Marine Holdings will stop underwriting and financing new coal mining projects that generate thermal power in Japan and abroad from October, Nikkei [more]
China’s 10-year plan for kids: more control on games and live streams
In Beijing's latest guidelines for children's development, Chinese leaders want tighter measures to classify games, review content and protect minors' online privacy. Read More
Investors eye Sept. 30 end to Japan’s COVID emergency
TOKYO -- The prospect of domestic reopening in Japan fueled trading on Monday, with shares in travel agencies, karaoke chains and wedding operators surging as hopes [more]
CNOOC plans Shanghai share sale amid U.S. sanctions
HONG KONG -- CNOOC, one of the three Chinese state-owned oil and gas conglomerates, plans to list in the mainland amid pressure from U.S. authorities [more]
Philippines stirs controversy with genetically modified rice
MANILA -- The Philippines has become the first country to approve the commercial production of genetically modified, nutrient-enriched Golden Rice, sparking safety worries even as [more]
Huobi, OKG lead losses as China tightens squeeze on cryptocurrency firms
Cryptocurrency-related stocks bore the brunt of China's latest regulatory squeeze which banned transactions to stop financial risks from spreading to society. Read More
US export controls slow progress of China’s home-grown C919 aircraft
The United States requires special licences to export parts and technology assistance to any company with ties to the Chinese military, affecting the progress of [more]
Alibaba backs Singapore’s Ninja Van in $578 million fundraising
SINGAPORE -- Singapore logistics startup Ninja Van has closed a major round of funding, raising $578 million in a late stage Series E round with [more]
Jollibee aggressively expands globally and beyond fast food
MANILA -- Filipino restaurant giant Jollibee Foods is attempting to set itself up for rapid growth once the pandemic winds down with an aggressive global [more]
Geely’s ride-hailer Cao Cao to seek new funds: report · TechNode
Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely, plans to complete a new funding round in the first half of 2022, Bloomberg reported [more]
Hong Kong stocks are cheapest against Chinese equities in a year
An electronic screen displays stocks, including those of China Evergrande Group, in Hong Kong. The Chinese conglomerate's debt woes have added to difficulties for the [more]
In depth: behind HNA’s fall, a web of nepotism from N.Y. to Hainan
More than seven months after Chinese conglomerate HNA Group entered a government-led bankruptcy restructuring, the company's chairman and its CEO have been detained by police [more]
China’s WTO benefits ‘can be a reference’ for wary African nations
China's Zhang Xiangchen, deputy director general of the World Trade Organization, has urged more African countries to participate in shaping global trade rules. Read More
Evergrande halts plan for mainland China electric car listing
HONG KONG -- China Evergrande Group's electric car unit has terminated plans for a maiden mainland share offering amid concerns over the fate of the embattled [more]
Chinese sportswear startup Peak raises $232m as it aims for IPO
HONG KONG -- Chinese athletic apparel maker Peak Sport Products has raised nearly 1.5 billion yuan ($232 million) in a strategic investment led by CR [more]
Ex-Nissan boss Carlos Ghosn keeps eye on China economy amid legal battles
The former CEO turned international fugitive says he is done with corporate life but is still keeping a close eye on the world of business [more]
Huobi to retire all mainland Chinese accounts by the end of 2021 · TechNode
Chinese crypto exchange Huobi Global announced on Sunday that it would end contracts with all existing mainland Chinese users by the end of this year [more]
HKB Technology Excellence Awards 2021 Winner: QIMA
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Evergrande debt crisis shines light on China real estate bubble
BEIJING -- The debt crisis at China Evergrande Group, the world's most indebted property developer, has cast new light on the health of China's real [more]
Hang Seng rises as China injects liquidity while crypto-linked stocks slump
Stocks rally in early trading as China's central bank floods the market with more cash amid Evergrande's liquidity crunch. Cryptocurrency-related stocks tumble as China intensifies [more]