Headlines 

Hong Kong: violence follows calls for Trump to ‘liberate’ territory

Protesters clash with police in shopping districts after rally to petition US to resist Beijing Hong Kong police have fired teargas to disperse protesters in the upmarket Causeway Bay shopping district, after demonstrators rallied at the US consulate calling on Donald Trump to liberate the territory. Police had clashed with protesters in the Centraldistrict as the demonstrations in Hong Kong entered their 14th week. Protesters dispersed to nearby Admiralty, the bar district of Wan Chai and on to Causeway Bay. Riot police fire teargas to disperse protesters around the Causeway…

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Odds and Ends 

Inside Beijings Toolbox to Crush Hong Kong

SHENZHEN/HONG KONGFor more than two weeks, rows of armored vehicles have been parked outside and within the walls of a stadium in Shenzhen. A contingent of the Peoples Armed Police, a paramilitary force that specializes in riot control and security matters, has been stationed within the sporting ground. The Global Times, one of the Chinese governments state-run media outlets, says that remind Hong Kongers of the 1989 military crackdown at Tiananmen Square, its natural to wonder: is Beijing about to send in its own forces, maybe even the PLAthe Peoples…

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How Hong Kong maids became caught in a humanitarian tsunami

Migrant workers who become pregnant by their employers face dismissal, homelessness and a swift return home The sun had not yet risen in Hong Kong when Sally*, a domestic worker, was woken and told she needed to leave immediately. As she lay on the sofa, confused, Sally saw her employer standing over her with a piece of paper he wanted her to sign. It was a resignation letter he had written for her. She was being let go because she was pregnant. Her employer, a German man in his 50s,…

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Hong Kong protests: government vows to push ahead with extradition bill

Leader Carrie Lam refuses to withdraw law, which critics fear could be abused by Beijing The leader of Hong Kongs government has said she remains determined to pass a proposed extradition law despite China. Opponents of the law say it is being pushed by the Chinese government, and fear that Beijing will use it to extradite activists, dissidents and other political opponents who will end up in Chinas opaque and politicised courts. Striking a defiant tone on Monday, Hong Kongs chief executive, Carrie Lam, said: This bill is not initiated…

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Odds and Ends 

Amazing Videos of New Years 2019 Fireworks Around the World

Cities around the world love to ring in the new year with unbelievable public fireworks displays for everyone to enjoy. Below you will find some of our personal favorites from London, Sydney, Hong Kong and Dubai. Enjoy and happy new year to you all! LONDON NEW YEAR’S FIREWORKS 2019 Read more: https://twistedsifter.com/2019/01/new-years-2019-fireworks-around-the-world/

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Urban Density: My Photo Series That Shows The True Side Of Living In Hong Kong

In these ‘Urban Density’ series, I explore the urban landscape of Hong Kong And Macau. Like Hong Kong, Macau is a special administrative region of the People’s Republic of China, and crowded apartments similar to Hong Kong can be found. #1 reply #2 reply View More Replies… #3 reply View More Replies… #4 reply View More Replies… #5 reply #6 reply View More Replies… #7 reply View More Replies… #8 reply reply View More Replies… #11 reply View More Replies… #12 reply View More Replies… #13 reply View More Replies……

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One of the Worlds Hottest Short Sellers Is Changing Tactics

Earlier this month, Soren Aandahl scored one of his biggest victories as a short seller when he dramatically took down the leader of a world-famous brand. In some ways, the parted ways with Glaucus Research Group this year and set up his own investment firm, Blue Orca Capital, this was a deliberate evolution that reflects, in part, Aandahl’s desire to broaden the focus of his investments. There are difficulties taking bearish positions in smaller, lesser-known firms as there’s often a limited supply of shares to borrow — a precondition in…

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This Stock’s 9,500% Rally Created a Town of Millionaires

At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs. But at China’s Bloomberg. The previously unreported value of their holdings has ballooned as Sunny Optical’s shares surged more than 9,500 percent since June 2008, trouncing even Netflix Inc.’s 7,500 percent gain. Founded more than three decades ago by a former appliance-factory worker with a high school education and less than $10,000 of borrowed cash, Sunny Optical is now a $22 billion behemoth that supplies lenses to the likes of Samsung and…

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Bitcoin Falls on Fears of Regulatory Trouble for Big Crypto Exchange

Japan’s FSA warns Binance for operating without a license Biggest cryptocurrency fell 4.5% after news first reported told Bloomberg in January that it was working to acquire a license in Japan, but the warning could complicate those efforts. Zhao said on Thursday that the exchange is “engaged in constructive dialogue” with the FSA. While Binance was founded in Hong Kong last year, Zhao has said that his company does not currently have a legal headquarters anywhere in the world.

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U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether

U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as questions mount over a digital token linked to its backers. The U.S. Commodity Futures Trading Commission sent subpoenas on Dec. 6 to virtual-currency venue Bitfinex and Tether, a company that issues a widely traded coin and claims it’s pegged to the dollar, according to a person familiar with the matter, who asked not to be identified discussing private information. The firms share the same chief executive officer. Tether’s coins have become a popular substitute for dollars on cryptocurrency exchanges…

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Qatar Airways Buys Cathay Pacific Stake for $662 Million

Cathay Pacific Airways Ltd., a deal that would help it gain a foothold in the world’s second-biggest aviation market. The Middle Eastern carrier will buy 9.6 percent of Cathay from Hong Kong-based Kingboard Chemical Holdings Ltd. and related companies for HK$5.16 billion ($662 million), according to a filing to the city’s stock exchange Monday. Chief Executive Officer Akbar Al Baker, confirming the deal, said the investment "further supports Qatar Airways investment strategy.” Shares of Cathay fell as much as 4.9 percent to HK$12.56 on Monday, the biggest intraday drop in…

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Razer CEO to Become a Billionaire With Li Ka-shing Backing

After raising funds from Asia’s biggest investors, including Hong Kong tycoon Razer Inc. is turning to the market for an initial public offering that will make its co-founder Bloomberg Billionaires Index. Razer’s plan to list shares comes amid robust growth in the global gaming market, which is expected to reach $160 billion by 2021, a 52 percent jump from last year, according to data from Euromonitor. The company said in its

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Odds and Ends 

Use The Internet To See If Homestar Runner Is Censored, And 4 Other Tips For A Perfect Day In Hong Kong

If youve only got 24 hours in Hong Kong, here are the things you absolutely have to do! 1. Use the Chinese internet and see if Homestar Runner is censored: Any good traveler knows about Chinese internet censorship, but if you went and visited Homestarrunner.com in Hong Kong, would the government actually try and stop you? Who knows, but while youre there, maybe just go ahead and check in on Homestar and the gang! That is, assuming Xi Jinping doesnt have it out for them. 2. Trip over an extension…

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Hong Kong vigil for Liu Xiaobo sends powerful message to Beijing

March is only large-scale commemoration for dissident in China, with Hong Kong maintaining freedoms non-existent elsewhere Thousands of mourners marched through the heart of Hong Kong in a candlelight vigil for Chinese Nobel peace prize laureate Liu Xiaobo, sending a powerful message to Beijing as it tries to erase his legacy. highly scripted ceremony tightly controlled by the Chinese government. The Hong Kong rally is the only large-scale commemoration for Liu on Chinese soil. The semi-autonomous city maintains a wide range of freedoms that are non-existent in mainland China, and…

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Tencents online publishing arm files for IPO in Hong Kong

Hong Kong has secured its second high-profile tech IPO inside a week. Following on from gaming firm Razer, which filed its prospectus on Friday, Tencents online publishing service has followed suit with plans for a Hong Kong IPO. China Literature is akin to Amazons Kindle service, with 8.4 million pieces of content from more than five million writers. It counts 175.3 million monthly users across all services, of which more than 90 percent are on mobile. The service is beingspun out of Tencent, Asias highest valued tech firm,which currently owns…

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