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EXPLAINED: 27 - The Real Truth

HSBC launches approach to take Hang Seng Bank private

HSBC, which already owns around 63% of Hang Seng, is proposing to pay around £10.2 billion on buying out the remaining shares to de-list Hang Seng.

Evening Standard

HSBC's Hong Kong Shares Dip After $13.6 Billion Take-Private Deal For Hang Seng Bank

HSBC‘s (HKG: 0005) (NYSE:HSBC) (LSE: HSBA) Hong Kong shares dropped over 7% on Thursday, after the European lender announced plans to privatize its majority-owned local unit, Hang Seng Bank (HKG: 0011), in a deal valued at HK$106.1 billion (about $13.63 billion).

Benzinga

NBA Back In China After Six-year Absence Sparked By Democracy Tweet

The NBA returns to the lucrative China market this week with two pre-season games following a six-year absence after a team official tweeted his support for pro-democracy protests in Hong Kong.

International Business Times

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How Lalit Laungani and Spearmark Company Limited Have Driven the Global Watch Industry from Behind the Scenes

Spearmark is one of the few companies in Hong Kong that maintains its own assembly line, a decision that reflects Laungani's commitment to precision.

International Business Times

Hong Kong To Install Surveillance Cameras With AI Facial Recognition

Hong Kong plans to install tens of thousands of surveillance cameras that will make use of AI-powered facial recognition, the city's security chief said on Friday, bringing it closer to China where authorities often monitor public spaces with cutting-edge technology.

International Business Times

Eric Chan Is Rewriting the Language of Tattoos, One Calligraphic Stroke at a Time

In a culture that lives and dies by the scroll, permanence feels almost subversive.

inkl

Seazen Unit Probe Uncovers Nearly $1 Billion in Undisclosed Transfers

The internal investigation by property manager S-Enjoy Service, which found a multibillion-yuan scheme orchestrated by the COO, delayed its earnings release and triggered a trading halt in its Hong Kong-listed shares

Caixin Global

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Hong Kong Accelerates Push to Become Gold Trading Hub

City plans to roll out yuan-denominated products to ride the precious metal boom and boost the internationalization of the Chinese currency

Caixin Global

Nicole Kidman files for divorce from Keith Urban

Nicole Kidman and Keith Urban are heading for a divorce after 19 years of marriage.

BANG Premier

This Unexpected Company Just Achieved a Quantum Computing Milestone. Should You Buy Its Shares Here?

HSBC is a banking giant that continues to perform well amid a challenging macro environment in 2025. Is HSBC stock a good investment following its milestone in quantum computing?

Barchart

‘His buildings were always ready for their closeup’: how Terry Farrell’s postmodern exuberance conquered the world

From the ziggurats of the MI6 HQ to TV-am’s eggcups and a Hong Kong tower that featured on a banknote, Farrell strived to make uplifting architecture

The Guardian - UK

Hong Kong activist says Singapore denied him entry for ‘political reasons’

Nathan Law, who is based in London, says he was going to attend a closed-door, invitation-only event

The Independent UK

XPEV Surges Nearly 5% In Friday Premarket —Here's What's Driving It

Xpeng Inc. (NYSE: XPEV) surged over 4.36% in Friday’s premarket and recorded a 5.4% spike in its Hong Kong-listed shares. It's currently trading at $22.90 in pre-market, according to Benzinga Pro data.

Benzinga

Super Typhoon Ragasa rampages through Taiwan, Hong Kong and southern China

Peak winds of 165mph bring 17 deaths in Taiwan, while Storm Bualoi threatens to strengthen into typhoon on its way to the Philippines

The Guardian - UK

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The Independent UK

Hong Kong lawmakers pass bill to ban substandard tiny apartments

Hong Kong lawmakers have passed a bill to ban inadequate housing in subdivided apartments

Euronews

Ragasa weakens to tropical storm after killing 24 in Taiwan and the Philippines

Ragasa peaked on Monday, reaching winds of up to 265 kph. The storm affected the Philippines, Taiwan, Hong Kong and southern China, before moving west along the southern Chinese coast toward Vietnam.

Benzinga

China's Largest Vehicle Exporter Chery Surges 11% After Hong Kong Stock Debut

Chinese automaker Chery Automobile saw its Hong Kong-listed shares surge following its public debut on the Hong Kong exchange.

The Independent UK

Wall of water smashes through Hong Kong hotel as guests flee Typhoon Ragas in panic

This is the horrifying moment waves from Typhoon Ragasa shatter the glass doors of a luxury hotel in Hong Kong, sending flood water pouring into the building.

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The Guardian - UK

Weakened Super Typhoon Ragasa heads towards Vietnam after battering China and Hong Kong

Huge clear-up efforts start after storm leaves trail of destruction, with 25 reported dead in Taiwan and the Philippines

The Independent UK

Typhoon Ragasa weakens in Vietnam after leaving trail of destruction across southern China

Hong Kong resumes flights as megacities across region count cost of the world’s most powerful storm so far this year

The Guardian - AU

From NYC to Hong Kong: AFL grand final goes global with watch parties around the world

While the growth of football outside Australia remains a work in progress, that won’t stop international fans getting together for one day in September

The Guardian - AU

Wealthy investors from US, China and Hong Kong top applications for New Zealand’s ‘golden visa’ scheme

Since new rules for the Active Investor Plus visa came into effect in April, applicant numbers have almost tripled

The Independent UK

What to know about Typhoon Ragasa, the strongest storm of the year

Typhoon Ragasa, the strongest storm of the year, has hit parts of the Western Pacific and southern China

The Independent UK

Typhoon Ragasa kills at least 17 in Taiwan as ‘wall of water’ tears through town

Ragasa bring Taiwan, Hong Kong, Macau and dozens of Chinese cities in Guangdong to standstill

The Guardian - UK

Super Typhoon Ragasa: 14 killed in Taiwan and Hong Kong battered as storm hits China

Chinese businesses and schools shut and residents in high-rises ordered to evacuate as storm makes landfall on Guangdong coast

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