Kong

Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprintShein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn.Founded in China and now headquartered in Singapore, the online retailer secured Beijing’s approval last month to make its initial public offering in Hong Kong. Continue reading...

Lee Cheuk-yan and Chow Hang-tung - leaders of the Hong Kong Alliance – were tried under under a 2020 national security lawTwo Hong Kong activists who organised annual vigils marking China’s deadly Tiananmen crackdown in 1989 were found guilty of “incitement to subversion”, in a case widely criticised as exemplifying the erosion of freedom of expression in the Chinese city.Lee Cheuk-yan, 69, and Chow Hang-tung, 41 “incited other persons to organise, plan, commit or participate in acts by unlawful means with a view to subverting the state power”, a press summary handed out to reporters said. Continue reading...

• Sheikh Sultan Bin Khalifa Bin Sultan Bin Shakhbout Al Nahyan, President of the Asian Chess Federation, has concluded a diplomatic tour of East Asia, visiting China and Hong Kong. • The visit focused on meeting with sports officials and chess federations to strengthen institutional relations and expand cooperation across the continent. • These efforts aim to enhance the development of the game of chess, improve existing programs, and elevate the quality of Asian championships.

• A global bond market selloff on August 19 caused long-term government bond yields to surge to multi-year highs, triggering a broad decline in equity markets. • Asia-Pacific technology sectors were hit hardest, with South Korea's KOSPI plunging 5.8% and China's STAR 50 index dropping 6.89%. • In contrast, Hong Kong's Hang Seng Index showed relative resilience by bucking the downward trend and recording a marginal gain.

• Hong Kong Exchanges and Clearing (HKEX) reported record first-half 2026 results, with profits increasing 24% to HK$10.6 billion. • Growth was primarily driven by record trading volumes and a surge in IPO activity, specifically among technology and AI-focused companies. • A total of 87 listings were completed during this period, successfully raising HK$212.4 billion in capital.

• The Singapore Vandas successfully defended their Asian Netball Championship title by defeating Hong Kong with a final score of 57-33. • This victory marks back-to-back championship titles for the Singaporean team, cementing their dominance in the region. • The win is significant as it officially secures Singapore's qualification for the 2027 World Cup.

• Hong Kong infrastructure and AI firms are increasingly targeting Malaysia to capitalize on the country's rapid growth and strategic location in Southeast Asia. • Chang Che-son of Key Direction highlights that Malaysia's severe traffic congestion and vast geography create significant demand for rail infrastructure expansion. • The market is particularly attractive due to Malaysia's critical border connections to Thailand and Singapore, positioning it as a regional transit gateway.