By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...…By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...WW…

By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...…By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...WW…

By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...…By , HONG KONG (Reuters) - Police pepper-sprayed some Hong Kong protesters on Thursday who defied a ban to stage candlelight rallies in memory of China’s bloody 1989 Tiananmen Square democracy crackdown, accusing Beijing of stifling their freedoms too.Scuffles broke out briefly in the working-class Mong Kok area where hundreds had gathered and some demonstrators tried to set up roadblocks with metal barriers, prompting officers to use spray to disperse them, according to Reuters witnesses.It was the first time there had been unrest during the annual Tiananmen vigil in Hong Kong, which...WW…

By , HONG KONG (Reuters) - China’s plan to impose national security legislation in Hong Kong is expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said on Friday.The proposed legislation, which prompted concerns over freedoms in the semi-autonomous city, comes after large-scale and often violent pro-democracy demonstrations last year, which had already pushed some wealthy individuals to scout for investment options elsewhere.“In some cases where clients had a bit of inertia and hoped things that happened last year will just go away,...…By , HONG KONG (Reuters) - China’s plan to impose national security legislation in Hong Kong is expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said on Friday.The proposed legislation, which prompted concerns over freedoms in the semi-autonomous city, comes after large-scale and often violent pro-democracy demonstrations last year, which had already pushed some wealthy individuals to scout for investment options elsewhere.“In some cases where clients had a bit of inertia and hoped things that happened last year will just go away,...WW…

By , WASHINGTON/HONG KONG (Reuters) - Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards.The move by the Securities and Exchange Commission (SEC) adds to the unprecedented regulatory crackdown in China on domestic technology companies, citing concerns that they have built market power that stifles competition.The Holding Foreign Companies Accountable Act, signed into law by then-President Donald Trump in...…By , WASHINGTON/HONG KONG (Reuters) - Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards.The move by the Securities and Exchange Commission (SEC) adds to the unprecedented regulatory crackdown in China on domestic technology companies, citing concerns that they have built market power that stifles competition.The Holding Foreign Companies Accountable Act, signed into law by then-President Donald Trump in...WW…

By HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp’s shares fell 7.1% in Hong Kong trading on Wednesday as the company finalised a $3.91 billion capital raising that included the city’s largest top up placement.The company said 1 billion shares were sold at HK$23.70 each as part of the top up deal that was carried out overnight. The final price was a 9.4% discount to Xiaomi’s closing price of HK$26.15 on Tuesday.Trading of Xiaomi’s stock was halted during the morning session before the company released details of the capital raise during Hong Kong’s lunch break, when trading is...…By HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp’s shares fell 7.1% in Hong Kong trading on Wednesday as the company finalised a $3.91 billion capital raising that included the city’s largest top up placement.The company said 1 billion shares were sold at HK$23.70 each as part of the top up deal that was carried out overnight. The final price was a 9.4% discount to Xiaomi’s closing price of HK$26.15 on Tuesday.Trading of Xiaomi’s stock was halted during the morning session before the company released details of the capital raise during Hong Kong’s lunch break, when trading is...WW…

A man rides a bicycle past a screen displaying Nikkei share average and stock indexes outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan December 30, 2020. REUTERS/Issei Kato/File PhotoRegister now for FREE unlimited access to Reuters.comLONDON, April 13 (Reuters) - A gauge of global equity markets rose to record highs on Tuesday, led by surging technology-related stocks, as Treasury bond yields eased after U.S. consumer price data for March showed the pace of inflation was not rising wildly.The consumer price index rose 0.6%, the biggest increase since...…A man rides a bicycle past a screen displaying Nikkei share average and stock indexes outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan December 30, 2020. REUTERS/Issei Kato/File PhotoRegister now for FREE unlimited access to Reuters.comLONDON, April 13 (Reuters) - A gauge of global equity markets rose to record highs on Tuesday, led by surging technology-related stocks, as Treasury bond yields eased after U.S. consumer price data for March showed the pace of inflation was not rising wildly.The consumer price index rose 0.6%, the biggest increase since...WW…

Register now for FREE unlimited access to Reuters.comSHANGHAI, April 10 (Reuters) - China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.The fine, about 4% of Alibaba's 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China's antitrust enforcement on internet platforms has entered a new era after years of laissez-faire approach.The Alibaba business empire has come under intense scrutiny in...…Register now for FREE unlimited access to Reuters.comSHANGHAI, April 10 (Reuters) - China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.The fine, about 4% of Alibaba's 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China's antitrust enforcement on internet platforms has entered a new era after years of laissez-faire approach.The Alibaba business empire has come under intense scrutiny in...WW…

By , HONG KONG (Reuters) - Chinese search engine company Baidu Inc is looking to raise at least $3.03 billion by selling 95 million shares as books opened on Thursday for its Hong Kong listing, according to a term sheet from the deal’s launch.Baidu’s New York listed shares were trading nearly 4% higher on the back of the deal being launched on Thursday.In Hong Kong, the shares will be priced at no more than HK$295 ($38.02) per share for retail shareholders and represent 3.4% of the company’s total shares, it said in documents sent to the Securities and Exchange Commission.Institutional...…By , HONG KONG (Reuters) - Chinese search engine company Baidu Inc is looking to raise at least $3.03 billion by selling 95 million shares as books opened on Thursday for its Hong Kong listing, according to a term sheet from the deal’s launch.Baidu’s New York listed shares were trading nearly 4% higher on the back of the deal being launched on Thursday.In Hong Kong, the shares will be priced at no more than HK$295 ($38.02) per share for retail shareholders and represent 3.4% of the company’s total shares, it said in documents sent to the Securities and Exchange Commission.Institutional...WW…

By HONG KONG (Reuters) - Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters.The online video site, backed by Tencent Holdings Ltd, will price 365.2 million shares at between HK$105 and $HK115 apiece, the term sheet shows.Kuaishou did not immediately respond to a request for comment.There is a so-called greenshoe option to sell a further 54.78 million shares in the 30 days after listing that could take...…By HONG KONG (Reuters) - Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters.The online video site, backed by Tencent Holdings Ltd, will price 365.2 million shares at between HK$105 and $HK115 apiece, the term sheet shows.Kuaishou did not immediately respond to a request for comment.There is a so-called greenshoe option to sell a further 54.78 million shares in the 30 days after listing that could take...WW…