NewsBite

Hong Kong

Yesterday

Jimmy Lai.

Why Britain’s new PM could hold the key to Jimmy Lai’s freedom

Keir Starmer cut his teeth as a barrister at the same firm as Australian human rights lawyer Jennifer Robinson, who is fighting for the release of Hong Kong mogul Jimmy Lai.

  • Gus McCubbing and Hannah Wootton

This Month

The Qingdao container port in east China.

Chinese exporters raise fears of Christmas freight crisis

Red Sea attacks have pushed up costs and put pressure on profits during a critical season for trade. There are also worries US tariff increases could add further to costs.

  • Chan Ho-him, Joe Leahy and Oliver Telling
Residential buildings in Shanghai, where the cap on prices of new homes has been relaxed.

China’s home sales downturn slows after cities ease policy

The turn in the trajectory of new home sales may offer some relief for China’s economy, which is on track to undershoot the official growth target this year.

  • Jeanny Yu and Tian Ying
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Foreign students hit; Citi’s weightlifting fighter; $4.8m property tip

Read everything that’s happened in the news so far today.

June

Singapore and Hong Kong have offered tax breaks and simplified visas in a pitched battled to be the regional hub for the growing family office business.

Why the super-rich family office boom is luring imposters

Wealthy clans in Singapore and Hong Kong are trying to weed out suspected fakes drawn to growing family offices and looking to “make a quick buck or hustle”.

  • David Ramli, Lulu Yilun Chen and Claire Ballentine
Advertisement

Why Hong Kong ‘is still good’ for commercial lawyers

Australian lawyers are missing out on opportunities in Asian markets, says a newly promoted partner at King & Wood Mallesons.

  • Maxim Shanahan
Jimmy Lai walks through the Stanley prison in Hong Kong, in July.

Diplomatic niceties ignore the human rights cost of doing business with China

The persecution of Jimmy Lai marks the death of the rule of law in Hong Kong, and is a red flag for those still seeking to get rich in China.

  • Sebastien Lai
High Court judge Patrick Keane defended serving on Hong Kong’s top court.

Australian judges looking isolated on HK’s top court

Some Australian judges don’t share their British peers’ doubts about judicial independence in Hong Kong since the mainland’s tough national security laws.

  • Updated
  • Primrose Riordan
Hong Kong’s then leader Carrie Lam pushed through contentious national security laws ahead of a legislative council election in the city.

Ex-Crosby Textor pollster ‘deeply uncomfortable’ with Hong Kong work

The think tank which commissioned the research was founded by city’s former chief executive who remained a part of the Chinese People’s Political Consultative Conference.

  • Kylar Loussikian
Riot police clash with pro-democracy protesters in Hong Kong in January 2020.

Crosby Textor advised pro-Beijing HK officials

The Australian political consultancy provided advice used by pro-Beijing officials in Hong Kong ahead of the start of national security laws that dramatically curtailed free speech.

  • Kylar Loussikian

May

Gordon Ng was first detained in 2021.

Australian among 14 convicted in Hong Kong’s biggest security case

A Hong Kong court has found the pro-democracy activists guilty in a national security case that has effectively wiped out the city’s political opposition.

  • Jessie Pang and James Pomfret
Gran Samuel CEO Damien Elias.

Grant Samuel recruits ex-Goldman Sachs banker for Hong Kong expansion

The investment bank’s chief executive, Damien Elias, believes Asia is ripe for disruption because the region houses fewer boutique advisory shops.

  • Aaron Weinman
PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande.

Key clients desert PwC China as big four rivals circle

The accounting firm is under a cloud over audits of the distressed property developer Evergrande, and it faces severe penalties.

  • Cheng Leng and Chan Ho-him
PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande.

PwC braces for China crisis and a hefty fine

PwC’s role in approving accounts for troubled property developer Evergrande has led to infighting at the big four firm as clients reconsider their relationship.

  • Stephen Foley, Sun Yu and Cheng Leng
Pedestrians in Hong Kong’s Tsim Sha Tsui. Consumer and technology groups listed in the city are trading at a big discount, some fund managers say.

Australian investors snag Hong Kong bargains as share prices surge

Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest sharemarkets.

  • Jessica Sier
Advertisement
Residential buildings developed by Country Garden in Yangzhou.

China unveils dramatic steps to rescue property market

China announced a slate of measures aimed at reinvigorating its ailing property industry and stabilising growth in the world’s second-largest economy.

  • Updated
  • Amanda Wang
‘Dear friends’ Xi Jinping and Vladimir Putin at the Kremlin in 2019.

Putin to meet ‘dear friend’ Xi in China, defying US

The Russian president is set to arrive in Beijing, underlining the key relationship as China faces growing US pressure to curtail support for the war in Ukraine.

  • Greg Torode and Guy Faulconbridge
 Zeekr EVs were all the rage at the  China Auto Show in Beijing last month.

This is how China’s car dealers are driving the EV revolution

Chinese car dealers are ditching foreign brands slow to respond to the EV transition, while turning to homegrown makers that have been gobbling up market share.

  • Gloria Li
Houses in Zhouzhuang old town. Home buyers are no longer focused on new builds.

Why the Chinese are warming to ‘second-hand’ homes

With tens of thousands of new developments yet to be completed, house hunters are looking again at older buildings. End buyers don’t trust developers any more.

  • Thomas Hale, Wang Xueqiao, Andy Lin and Chan Ho-him

April

A bubble tea café in the US. The scope for global expansion shows no limits at the moment.

China’s bubble tea brands look to create a stir overseas

Best known for the 1980s Taiwanese variety that includes tapioca balls or “bubbles”, flavoured milk tea beverages are a hit worldwide. Chinese companies are cashing in.

  • Thomas Hale, Wang Xueqiao, Chan Ho-him and Gloria Li

Original URL: https://www.afr.com/topic/hong-kong-1nif