The startup behind a TikTok-style video app rocketed in its Hong Kong market debut, making the latest demonstration of investor hunger for initial public offerings and for high-growth technology companies. Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more …
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More than 200 police raided on Monday the offices of Apple Daily, the antigovernment Hong Kong paper, and detained its tycoon owner Jimmy Lai, in the first high-profile arrest under the new national security law forced upon the territory by Beijing to quell pro-democracy demonstrations. – Authorities also arrested six …
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Pro-democracy district council member Lui Man-kwong holds a sign on Sunday as he protests a decision to have mainland inspectors carry out COVID-19 testing in Hong Kong. Isaac Lawrence/Agence France-Presse/Getty Images There’s growing interest among Hong Kong residents in leaving for Britain, at least if job searches are any indication. …
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Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …
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European stocks fell on Friday, with investors spooked by news that China will tighten control over Hong Kong with a new security law, sparking fears of fresh unrest and an added stress on Beijing and Washington relations. The Stoxx Europe 600 index SXXP, -0.73% fell 1.3% to 335.82 after a …
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