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Insane World

Hong Kong’s iconic floating restaurant capsizes in the South China Sea

Hong Kong’s iconic Jumbo Floating Restaurant has capsized in the South China Sea less than a week after it was towed away from the city, its parent company said Monday. The restaurant encountered “adverse conditions” on Saturday as it was passing the Xisha Islands, also known as the Paracel Islands, in the South China Sea, […]

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World

Hong Kong plans to roll out compulsory Covid-19 testing three times over

Hong Kong announced plans to roll out compulsory Covid-19 testing from next month, with each of the densely-populated territory’s 7.4 million residents required to submit to three rounds of tests. Chief Executive Carrie Lam announced the testing regime at a briefing on Tuesday as she announced a stringent set of new restrictions to tackle a […]

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World

One of last public Tiananmen Square memorials covered up with metal in Hong Kong

One of the last public memorials in Hong Kong to those killed in the Tiananmen protests has been covered up. The calligraphy painted on the pavement of a bridge paid tribute to the pro-democracy protesters killed by Chinese authorities in Beijing in 1989. It was covered with metal on Saturday by the University of Hong […]

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World

Hong Kong leader Carrie Lam warns exponential Covid-19 infection growth due to outbreak among pet hamsters

Hong Kong leader Carrie Lam has warned that Covid-19 infections could be growing exponentially in a congested residential area of the city and said the number of overall cases had increased due to an outbreak in pet hamsters. Chief Executive Lam urged Hong Kong people to avoid gatherings before next week’s Lunar New Year as […]

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World

Hong Kong to cull some 2,000 hamsters and other small mammals following Covid-19 outbreak

Authorities in Hong Kong are seizing a number of hamsters to be euthanised following a Covid outbreak. Crowds gathered outside the Little Boss pet store as the animals were carried away in boxes. Families who have bought a hamster from the store since 22 December have been told to hand over their pet for euthanasia. […]

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World

SenseTime Group: Chinese artificial intelligence start-up announces $767 million Hong Kong listing

Chinese artificial intelligence start-up SenseTime Group has relaunched its $767 million Hong Kong share sale. The announcement comes a week after the listing was pulled as Americans were banned from investing in the firm. Washington has accused SenseTime of developing facial recognition software to determine people’s ethnicity, with a focus on identifying ethnic Uyghurs. The […]

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Business World

Chinese ride-hailing giant Didi to exit New York Stock Exchange and move to Hong Kong

Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong. The firm has come under intense pressure since its US debut in July. Within days of the initial public offering (IPO) Beijing announced a crackdown on technology companies listing […]

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Business World

Alibaba shares plunge 10% after weaker earnings and slowdown warning

The shares of Alibaba fell over 10% in Hong Kong on Friday after the tech giant warned of weaker growth this year as China’s economy slows and Beijing continues its regulatory crackdown. This was Alibaba’s steepest decline since its listing in the city in November 2019. The fall in Hong Kong followed a similar plunge […]

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World

Hong Kong passes new film censorship law to protect national security

Hong Kong’s legislature has passed a new law banning films deemed to violate China’s national security interests, the latest blow to freedom of expression in the territory. Punishment for violating the law includes up to three years imprisonment and $130,000 in fines. Critics say the legislation will stifle the vibrant local film industry. Last year, […]

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World

Amnesty International to shutdown Hong Kong offices over National Security Law

Amnesty International, a global non-governmental organization focused on human rights, has decided to shut down its offices in Hong Kong over a recently imposed national security law. The group said the law, imposed by China, makes it “effectively impossible” for them to operate. Amnesty has had a presence in Hong Kong for more than 40 […]

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Insane World

Australia seeks answers after Hong Kong blocks lobster import citing national security

Australia is seeking answers from China on why its lobster exports have been blocked, after a top Hong Kong customs official said Beijing had imposed trade restrictions and lobster smuggling was a national security matter. Almost all of Australia’s exports of the live seafood, prized at Chinese banquets for its red colour, went to mainland […]

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Business World

Evergrande Group: Shares of troubled real-estate giant plunges 14% as trading resumes

Evergrande shares fell as much as 14% on Thursday in Hong Kong as they resumed trading after a 17-day halt.The hugely indebted Chinese property giant had stopped its shares from trading ahead of an announcement.Reports said real estate firm Hopson Development was set to buy a 51% stake in its property services unit.On Wednesday, Evergrande […]