Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its stock as a “decoupling” of finance continued.
Category: Hong Kong
-
How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
-
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
Starting Friday, goods from China worth up to $800 will be subject to tariffs and more paperwork under new Trump administration rules.
-
Hong Kong Suspends Packages to the U.S., Wading Into the Trump Trade War
The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China.
-
U.S. Stock Rally Fades After Trump’s Tariff Reprieve
The S&P 500 slipped, as trade hostilities continued to heat up between Washington and Beijing. Stocks in Europe and Asia had soared earlier, after President Trump paused some tariffs.
-
Stocks Jump in Asia After Trump’s Tariff Reprieve
Markets in Japan, South Korea and Taiwan soar after the U.S. president pauses punishing tariffs. Gains in mainland China were modest as trade hostilities heat up between Washington and Beijing.
-
Panama Official Accuses Hong Kong Port Operator of Misconduct
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
-
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
-
NewJeans Had Planned a Rebirth. The Performance Ended in Tears.
K-pop’s most imaginative group has been battling its powerhouse label. Our critic watched as its first concert in months was upended by a court ruling.
-
Trump and China Clash Over Panama Canal in Test of Hong Kong’s Status
Beijing’s threat to stop a tycoon’s sale of his ports business has dealmakers wondering if they can still operate without political interference.
-
Hong Kong Adds to China’s Growing Criticism of Panama Canal Deal
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”
-
Lee Shau-Kee, Hong Kong Real Estate Tycoon, Dies at 97
Sometimes called the Warren Buffett of Hong Kong, he made his billions initially building apartments for middle-class descendants of refugees from mainland China.