Tag - hong-kong

 
 

HONG KONG

A pullback by some of Asia's richest families from U.S. assets marks a rapid change from just a few months ago, when many in region’s business elite cheered U.S. President Donald Trump’s election win, sending share prices at banks and major tech firms to record highs.
BUSINESS / Economy
May 9, 2025
Asia’s superrich rapidly scale back U.S. exposure amid trade war
The pullback marks a rapid change from just a few months ago, when many in the region’s business elite cheered the election win of U.S. President Donald Trump.
A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, in 2022.
BUSINESS / Markets
May 5, 2025
Dollar’s decline is fueling dislocations across Asian currencies
The volatility shows how an exodus from the world’s reserve currency can ripple through financial markets.
Donald Trump’s trade war and the dollar’s volatility are prompting Asia’s wealthy to reassess where they park their money, with Hong Kong and Singapore competing for capital as the U.S. loses its appeal as a financial haven.
COMMENTARY / World
May 2, 2025
Trump’s trade war shakes dollar’s haven status and opens door for Asian financial hubs
Trump’s trade policies, even if substantially reversed, have sent a loud message to the Asian affluent classes.
A car with curtains drawn, one of two, is seen leaving Hong Kong's Shek Pik prison just before sunrise on Tuesday.
ASIA PACIFIC / Politics
Apr 29, 2025
First batch of Hong Kong democrats freed after four years in jail
Four former pro-democracy lawmakers, including Claudia Mo, Kwok Ka-ki, Jeremy Tam and Gary Fan, were driven away from three separate prisons across Hong Kong around dawn.
Stacked parcels are seen as an employee stands at a service counter at a post office in Hong Kong on Wednesday.
ASIA PACIFIC / Politics
Apr 16, 2025
Hong Kong postal service halts U.S. parcels over tariff ‘bullying'
The move comes as Trump’s tariff offensive on China increasingly affects the former British colony.
Lo Kin-hei (center), chairman of the Democratic Party, attends a news conference after an extraordinary general meeting to seek members' views on the potential dissolution of the party in Hong Kong on Sunday.
ASIA PACIFIC / Politics
Apr 14, 2025
Hong Kong's last major opposition party moves toward disbanding
The head of the Democratic Party says 90% of its 110 members had voted for disbandment arrangements to begin, followed by a final vote in the coming months.
Cybersecurity agencies in six Western countries have warned of a "growing threat" posed by malicious surveillance software deployed by a contractor reported to have ties to Beijing.
WORLD / Politics
Apr 9, 2025
Western intelligence agencies warn spyware threat targeting Taiwan
The mobile phone applications developed by a Chengdu-based contractor also surveil Tibetan rights advocates and others opposed by the Chinese government.
Hong Kong's real estate sector is slumping, putting the government's development plans at risk and signaling a wider economic malaise that may become a spanner in the works of Beijing's plans to transform the territory's economy.
COMMENTARY / World / Geoeconomic Briefing
Apr 7, 2025
Will China succeed in remaking Hong Kong in its own image?
Beijing can control Hong Kong politically, but to impose its economic vision on the territory it needs businesses to get on board as these face an economic and real estate plunge.
Balloons with protest slogans are seen outside the Legislative Council building during the anniversary of Hong Kong's handover to China in Hong Kong on Tuesday.
ASIA PACIFIC / Politics
Apr 1, 2025
U.S. sanctions six Chinese and Hong Kong officials for rights abuses
The move is the Trump administration's first major move to punish Beijing over its crackdown on the city.
Chinese officials have shared articles on social media accusing Hong Kong billionaire Li Ka-shing's (center) CK Hutchison Holdings of acting "in concert with U.S. hegemony” over its $22.8 billion sale of 43 ports around the world, including two in the Panama Canal.
BUSINESS / Companies
Apr 1, 2025
Xi showdown with Li Ka-shing threatens China’s pro-business push
Derailing the deal could give credence to claims that CK Hutchison is ultimately controlled by Beijing — a perception with implications for private Chinese firms worldwide.
Hong Kong billionaire Li Ka-shing's CK Hutchison has entered into a deal with a BlackRock-led consortium to sell ports in Panama and elsewhere, putting his conglomerate’s flagship entity in the crosshairs of U.S.-China tensions.
BUSINESS / Companies
Mar 27, 2025
China pauses new deals with Li Ka-Shing family after Panama ports plan
The directive was issued to state-owned enterprises last week at the behest of senior Chinese officials.
William Lu, president and partner of Xiaomi, presents the new Xiaomi 15 series ahead of the 2025 Mobile World Congress in Barcelona on March 2.
BUSINESS
Mar 25, 2025
Xiaomi raises $5.5 billion in upsized Hong Kong share sale
Xiaomi has been investing aggressively in its nascent EV business to drive growth and recently increased its 2025 delivery target.
Hong Kong's Secretary for Security Chris Tang
BUSINESS
Mar 20, 2025
Hong Kong aims to safeguard key facilities with new cybersecurity law
The law, set to take effect in 2026, aims to safeguard the security of computer systems vital to the functioning of critical infrastructure.
Hong Kong’s growth outlook was cut by economists for the last two quarters of the year.
BUSINESS / Markets
Mar 10, 2025
Singapore and Hong Kong face growth risks over U.S. tariff war with China
Singapore and Hong Kong are among the most exposed to China’s economy via commodity and trade links.
Balboa Port, operated by Panama Ports Company, at the Panama Canal. Conglomerate CK Hutchison, controlled by Hong Kong billionaire Li Ka-shing, has agreed to sell its ports network, including assets along the Panama Canal, to a U.S. consortium led by BlackRock.
ASIA PACIFIC / Politics / ANALYSIS
Mar 7, 2025
As Trump hails taking back of Panama Canal, Hong Kong Inc. walks tightrope
Firms in the former British colony are increasingly under pressure to shake off any connection with China amid tensions between Beijing and Washington.
Hong Kong activist Tang Ngok-kwan speaks to reporters in Hong Kong on Thursday after the Court of Final Appeal ruled in his favor and quashed his jail term for refusing to hand over information to the city's national security police.
ASIA PACIFIC / Politics
Mar 6, 2025
Hong Kong’s Tiananmen activists win rare appeal in security case
The ruling marked a rare victory in challenging the enforcement of the national security law imposed by Beijing.
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock-backed consortium on Tuesday.
BUSINESS / Companies
Mar 5, 2025
BlackRock to buy Hong Kong firm's Panama Canal port stake amid pressure
The $22.8 billion deal, coming amid pressure from the White House, will give the BlackRock-backed group control of ports along the strategic waterway and dozens of others.
Hong Kong's policymakers are nearing a crossroads amid dwindling avenues for generating revenue and an economy that’s expected to remain under pressure this year.
BUSINESS / Economy
Feb 25, 2025
Hong Kong to tackle deficit and slower economic growth in budget
There may be limited options for generating the kind of revenue needed to plug an expected shortfall of 100 billion Hong Kong dollars.
Visitors listen to a keynote address at Consensus, a cryptocurrency event in Hong Kong on Feb. 15.
BUSINESS / Tech
Feb 23, 2025
Hong Kong and Singapore lead Asia's drive to cash in on crypto boom
Bitcoin recently hit a record of close to $110,000 while others have also rallied on the back of Trump's pro-crypto promises.
Lo Kin-hei (center), chairman of Hong Kong's Democratic Party, along with other senior leaders, announced Thursday that it will start preparations to wind down operations.
ASIA PACIFIC / Politics
Feb 21, 2025
Hong Kong's oldest pro-democracy party prepares to shut down
The Democratic Party's fortunes declined after Beijing tightened its grip and imposed a national security law.

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