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Hong Kong

All articles tagged with #hong kong

Hong Kong court mulls sentences for Tiananmen vigil organizers; Pillar of Shame at stake
world10 hours ago

Hong Kong court mulls sentences for Tiananmen vigil organizers; Pillar of Shame at stake

A Hong Kong court is weighing sentencing for former Tiananmen vigil organizers amid a security-law climate that prescribes five to ten years for inciting subversion. The case also potentially decides the fate of the Pillar of Shame memorial, which was removed from a university campus in 2021, and whether it can be returned to its owner. The vigil, banned in 2020 during COVID-19, helped keep Tiananmen memory alive in Hong Kong under Beijing’s “one country, two systems” framework, making the court ruling a potential signal for how remembrance actions are treated in the city.

Z.ai's new AI model runs solely on Chinese chips, boosting shares
business1 day ago

Z.ai's new AI model runs solely on Chinese chips, boosting shares

Z.ai released GLM-5.3-Flash, a low-cost AI model said to operate entirely on domestically produced Chinese chips— reportedly using 100,000 chips and launched under the code Ox Alpha—with Hong Kong-listed shares rising over 8%. The model led usage on the global OpenRouter platform, though CNBC could not independently verify the chip claims. Rival MiniMax also gained ~3% after a strong revenue uptick, despite a widening adjusted loss; both companies are supported by China’s push for tech self-sufficiency amid U.S. restrictions, and Z.ai will report first-half results next Monday.

HK Tiananmen vigil organizers convicted under national security law
world8 days ago

HK Tiananmen vigil organizers convicted under national security law

Two organizers of Hong Kong’s Tiananmen vigil, Lee Cheuk-yan and Chow Hang-tung, were convicted of inciting subversion under the city’s national security law, after fellow defendant Albert Ho had already pleaded guilty. The verdict, defended by authorities as upholding security, is seen by critics as part of a broader crackdown on pro-democracy civil society and peaceful remembrance in Hong Kong.

Hong Kong vigil organisers convicted of incitement under security law
world8 days ago

Hong Kong vigil organisers convicted of incitement under security law

Two Hong Kong activists, Lee Cheuk-yan and Chow Hang-tung, were found guilty of incitement to subversion for organizing the annual Tiananmen vigil; sentencing is pending, while a third defendant, Albert Ho, has pleaded guilty. The verdict underscores Beijing’s tight control under the national security law and the ongoing crackdown on civil society in Hong Kong, drawing criticism from Amnesty International over the broad use of subversion charges.

HK Tiananmen Vigil Organizers Convicted Under Security Law
world8 days ago

HK Tiananmen Vigil Organizers Convicted Under Security Law

Two Hong Kong activists, Lee Cheuk-yan and Chow Hang-tung, were found guilty of inciting others to subvert state power under Hong Kong’s national security law for organizing Tiananmen Square vigils; a third defendant, Albert Ho, had pleaded guilty earlier, with sentencing for the two pending. The case underscores how the security law is being used to curb pro-democracy activities and the longstanding ban on Tiananmen vigils in Hong Kong.

Hong Kong Tiananmen vigil organizers convicted of incitement under national security law
world8 days ago

Hong Kong Tiananmen vigil organizers convicted of incitement under national security law

Hong Kong's Tiananmen vigil organizers Chow Hang-Tung and Lee Cheuk-yan were found guilty of inciting subversion under the national security law in West Kowloon Court; a third activist, Albert Ho, had previously pleaded guilty and will be sentenced later; the verdict underscores Beijing's crackdown on public remembrance and dissent in Hong Kong.

China’s 20% tax on offshore trusts triggers rush to settle assets
business23 days ago

China’s 20% tax on offshore trusts triggers rush to settle assets

China will levy 20% on offshore trusts at nearly every stage—from setup to distributions to termination—with a 90‑day window to declare and pay taxes on assets moved into such trusts since Jan 1, 2023 (deadline Oct 22). The move has spurred a rush of inquiries from wealthy families and advisers in Hong Kong and Singapore as they assess exposure, consider asset sales or distributions, and explore installment options, all while ensuring CRS reporting and navigating illiquid assets. The policy aims to boost revenue amid a slowing economy and tighter capital controls, signaling a shift in private‑wealth planning even though the rate is lower than the U.S. top rate.

Hong Kong Friendly: Chelsea and Juventus Roll Out Lineups in Preseason Clash
sports24 days ago

Hong Kong Friendly: Chelsea and Juventus Roll Out Lineups in Preseason Clash

In a 2026 preseason friendly at Kai Tak Stadium in Hong Kong, Chelsea and Juventus revealed their starting XIs: Chelsea lined up in a 4-2-3-1 with Sánchez in goal, a back four of Palestra, Fofana, Tosin, Hato, Caicedo (captain) and Nicoll-Jazuli in midfield, and Welbeck up front; Juventus rolled out with Di Gregorio in goal and a back line of Kalulu, Gatti, Kelly, Çelik, supported by Locatelli (captain), Douglas Luiz, Cambiaso, Miretti, Boga, Milik. Substitutes were listed for both sides, and the match was scheduled for Aug 5, 2026 at 19:30 local time, with streaming options on Paramount+, FanCode, StarTimes and CFC+.

Chelsea set for Hong Kong friendly as Mudryk re-enters squad ahead of Juventus clash
sports24 days ago

Chelsea set for Hong Kong friendly as Mudryk re-enters squad ahead of Juventus clash

Chelsea head to Kai Tak Stadium in Hong Kong for a preseason friendly with Juventus as they continue to build fitness, tactics, and squad chemistry after recent results in Australia. Mykhailo Mudryk has rejoined the squad and could feature amid a large group on tour, with goalkeeper Sánchez reported fit after an earlier issue. Juventus arrive as the opposition, having signed Boga and Alajbegović as they chase a return to the Serie A summit. The match has no TV broadcast; streaming options include Paramount+ (USA), FanCode (India), StarTimes (Nigeria), and Chelsea’s CFC+ (UK/int’l).

Savchenko files custody bid after alleging ex moved daughters to Hong Kong
entertainment1 month ago

Savchenko files custody bid after alleging ex moved daughters to Hong Kong

Dancing With the Stars pro Gleb Savchenko filed an emergency Los Angeles custody order seeking temporary sole custody of his 15-year-old Olivia, alleging his ex-wife Elena Samodanova abducted their two daughters and moved them to Hong Kong (with other trips to Moscow and Vietnam) despite a written agreement to return after a year. Samodanova denies the claims, saying Olivia is thriving in Hong Kong, while Savchenko expresses concern about Olivia’s wellbeing and notes the ongoing, contentious custody dispute dating back to their 2020 divorce; their younger daughter Zlata, 8, is also involved in the split.

Gleb Savchenko fights custody after alleging ex abducted daughters to Hong Kong
entertainment1 month ago

Gleb Savchenko fights custody after alleging ex abducted daughters to Hong Kong

Dancing with the Stars pro Gleb Savchenko seeks emergency custody of Olivia (15) and Zlata (8), accusing ex Elena Samodanova of abducting and permanently relocating them to Hong Kong without his consent; he requests temporary sole legal and physical custody and a lawyer for Olivia, and has filed a Hague treaty petition for Zlata. Samodanova opposes changes to custody and the girls’ schooling in California, and mediation is set for Aug. 5 with a hearing on Aug. 18.

Hong Kong arrests five in crackdown on independent bookstores over seditious materials
world1 month ago

Hong Kong arrests five in crackdown on independent bookstores over seditious materials

Hong Kong police raided two bookstores in Mong Kok and arrested five people on suspicion of displaying and selling seditious publications under the 2024 national security law, marking the third such action against independent bookshops after March and June; authorities say the material targeted included content that stirs hatred toward the government, judiciary and police, and one bookstore—Have A Nice Stay—had already announced it would close on Aug 30 amid financial pressures and red-line concerns.

Hong Kong raids on independent bookshops spark five arrests over sedition allegations
world1 month ago

Hong Kong raids on independent bookshops spark five arrests over sedition allegations

Police raided two independent bookshops in Mong Kok, arresting five people on suspicion of violating Hong Kong's national security laws for displaying or selling seditious books; authorities seized materials that allegedly incited hatred toward the government, judiciary and police; if convicted, they could face up to seven years in prison; the raids come amid a broader crackdown on dissent and amid concerns from Amnesty International about fear and self-censorship in the city.