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HONG KONG, Dec 5 (Reuters) - Hong Kong pro-democracy activist Agnes Chow, who fled to Canada while free on bail, says she won't return home amid a crackdown that curbed her freedoms, defying a warning from Hong Kong's leader that she would be pursued for life. "In consideration of the political situation in Hong Kong and my personal health, my mental health, my physical health, and the high political risk of not being allowed to leave Hong Kong again, I've decided not to go back." The security law has drawn criticism from Western governments as a tool of repression, but China says it has restored stability after mass pro-democracy protests in 2019. "The national security police are not doing their job according to the legal system in Hong Kong," she told Reuters. Hong Kong leader John Lee on Tuesday described Chow as a "liar" and "devoid of integrity".

Persons: Agnes Chow, Hong, Chow, I've, Tyrone Siu, John Lee, Lee, Nathan Law, Anna Kwok, wasn't, James Pomfret, Gerry Doyle Organizations: REUTERS, Reuters, Hong Kong, HK, Thomson Locations: HONG KONG, Hong Kong, Canada, Toronto, China, Shenzhen, Japan, Hong

☆ Beijing Bishop Visits Hong Kong Amid Tensions Between China and Vatican
▼ + stars: | 2023-11-14 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Jessie Pang and Joyce ZhouHONG KONG (Reuters) - China's state-backed Bishop of Beijing visited Hong Kong on Tuesday amid fears among some Catholics that Beijing wants tighter control over religious affairs in Hong Kong. The visit is the first trip by a mainland Chinese bishop since the former British colony was returned to China in 1997 and follows a landmark visit to the Chinese capital by his Hong Kong counterpart in April. Hong Kong has traditionally been seen as a regional Catholic hub on the edge of the Chinese mainland under officially-atheist Communist Party rule. Hong Kong has 600,000 Catholics. Tensions between Beijing and the Vatican over the appointment of bishops saw a confidential pact struck in 2018.

Persons: Jessie Pang, Joyce Zhou HONG, Bishop, Pope, Bishop Joseph Li, Li, of Hong Kong Stephen Chow, Chow, Cardinal Joseph Zen, Zen, Tyrone Siu, Joyce Zhou, Michael Perry Organizations: Reuters, Hong, Hong Kong Catholic Cathedral, Hong Kong Liaison Office, Communist Party Locations: Joyce Zhou HONG KONG, Beijing, Hong Kong, China, of Hong Kong, Vatican, China . Hong Kong, Asia

[1/4] Indonesian President Joko Widodo arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. Ten years on, the most senior EU leader expected to attend the third Belt and Road (BRI) Summit this week is Hungary's populist Viktor Orban, who will join guests including Russia's Vladimir Putin and a minister of the Afghan Taliban. Other analysts say economic slowdown both in China and globally, and rising commodity prices, have also cast a pall over the initiative. Wang Huiyao, president of the Center for China and Globalization think tank, said the BRI had "greatly pushed forward global awareness about the infrastructure deficit". "It's not perfect, but it’s a process, and people are gradually realising it's so important: we need to build infrastructure.

Persons: Joko Widodo, Ken Ishii, Putin, Orban, Britain's, Viktor Orban, Russia's Vladimir Putin, Xi, Jinping, Matthew Erie, they've, Raffaello Pantucci, Ruby Osman, Tony Blair, Osman, Wang Huiyao, Wang, Joyce Zhou, Vineet Sachdev, Antoni Slodkowski, Don Durfee, Robert Birsel Organizations: Beijing Capital International Airport, Forum, REUTERS Acquire, Initiative, University of Oxford, Reuters, Washington, American Enterprise Institute, S.Rajaratnam School of International Studies, Tony, Tony Blair Institute for Global, Global Development Initiative, Monetary Fund, Sri, Center for, Thomson Locations: Beijing, China, Italy, Xi's, BEIJING, Western Europe, EU, Taiwan, United States, Ukraine, Erie, CHINA, America, Africa, Russia, Kazakhstan, Congo, Singapore, China's, Argentina, Sri Lanka, Zambia, Center for China

[1/4] Indonesian President Joko Widodo arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. Ten years on, the most senior EU leader expected to attend the third Belt and Road (BRI) Summit this week is Hungary's populist Viktor Orban, who will join guests including Russia's Vladimir Putin and a minister of the Afghan Taliban. Such Western doubts have coincided with Xi's assertive leadership and a deterioration in ties over trade, human rights, COVID-19 and Taiwan. Other analysts say economic slowdown both in China and globally, and rising commodity prices, have also cast a pall over the initiative. "It's not perfect, but it’s a process, and people are gradually realising it's so important: we need to build infrastructure.

☆ Typhoon Saola makes landfall in Guangdong after slamming Hong Kong, Macau
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +3 min

A man looks at fallen trees following Super Typhoon Saola, in Hong Kong, China September 2, 2023. The Asian financial hub of Hong Kong and China's neighbouring populous province of Guangdong cancelled hundreds of flights on Friday and shut businesses, schools and financial markets as Saola had edged closer. Packing winds of more than 200 kph (125 mph) as a super typhoon, Saola was among the strongest to menace the southern province since 1949. Hong Kong imposed its highest hurricane storm signal 10 on Friday night, lowering it to 8 by Saturday morning. Reporting by Farah Master, Joyce Zhou and Tyrone Siu in Hong Kong; Additional reporting by Ben Blanchard in Taipei; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Saola, Tseung Kwan, Farah Master, Joyce Zhou, Ben Blanchard, William Mallard Organizations: REUTERS, Tyrone, city's, Authority, Flagship, Cathay, HK, TVB, Facebook, Sunday, Thomson Locations: Hong Kong, China, HONG KONG, Chinese, Guangdong, Shenzhen, Macau, Zhuhai, Hong Kong's, Taipei

☆ Fukushima wastewater released into the ocean, China bans all Japanese seafood
▼ + stars: | 2023-08-23 | by ( Sakura Murakami | ) www.reuters.com time to read: +6 min

Sales to China and Hong Kong accounted for 42% of all Japanese aquatic exports in 2022, according to government data. Separately from China, Hong Kong and Macau have announced their own ban starting Thursday, which covers Japanese seafood imports from 10 regions. Japan will conduct monitoring around the water release area and publish results weekly starting on Sunday, Japan's environment minister said. PROTESTSIn Hong Kong, Jacay Shum, a 73-year-old activist, held up a picture portraying IAEA head Rafael Grossi as the devil. "The Fukushima nuclear disaster is not over.

Persons: Fumio Kishida, Geraldine Thomas, Han Duck, Jacay Shum, Rafael Grossi, Shum, Iizuka, Sakura Murakami, Chang, Ran Kim, Kantaro Komiya, Irene Wang, Bernard Orr, Farah Master, Joyce Zhou, Hongji Kim, Soo, hyang Choi, Raju Gopalakrishnan Organizations: IAEA, Tokyo Electric Power, International Atomic Energy Agency, Japan, Hong, REUTERS, Minwoo, World Health Organization, London's Imperial, Japan Fisheries Co, Korean, Reuters, Thomson Locations: China, Japan, TOKYO, Tokyo, Hong Kong, Fukushima, Busan, South Korea, China , Hong Kong, Macau, Seoul, South, Beijing, Lincoln

☆ Japanese restaurant owners in Hong Kong brace for Fukushima seafood ban
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

HONG KONG, Aug 22 (Reuters) - Japanese restaurant owners in Hong Kong are grappling with a looming ban on seafood imports from 10 Japanese prefectures because of Tokyo's plan to release treated water from the crippled Fukushima plant into the sea from Aug. 24. Hong Kong is Japan's second largest market, after mainland China, for agricultural and fisheries exports. Although the details of Hong Kong's ban remains unclear, Halry Yu, 42, owner of Japanese restaurant Hassun, said more than 90% of seafood sent to Hong Kong is gathered in Tokyo. “If they ban imports that come via Tokyo, I think all sushi restaurants in Hong Kong will be in trouble. Advertising executive Hilda Lee, 30, said she enjoys eating Japanese seafood, and dines at Japanese restaurants two to three times each month.

Persons: Hong, Halry Yu, ” Yu, barbecued, Yu, Hong Kong, Hilda Lee, dines, Lee, Jim Smith, there's, Smith, Dino Leung, Leung, Edmond Ng, Joyce Zhou, Farah, Gerry Doyle Organizations: Japan, Hong, University of Portsmouth, Thomson Locations: HONG KONG, Hong Kong, China, Japan, Tokyo, Osaka, Hong, Fukushima, Chiba, Tochigi, Ibaraki, Gunma, Miyagi, Niigata, Nagano, Saitama, Wan Chai

HONG KONG, July 20 (Reuters) - Fans from Hong Kong and around the world gathered at the feet of a Bruce Lee statue on Thursday to pay tribute to the late kung fu legend on the 50th anniversary of his untimely death. Those who traveled to Hong Kong for the anniversary included people from mainland China, Asia and Europe. "I have loved Bruce Lee since I was very young," said Bruce Shin from South Korea who sported a brush cut and large framed sunglasses, imitating Lee. HKTB2016 REUTERS/Tyrone Siu/File PhotoLee's contributions to martial arts and popular culture have inspired legions of global fans. said Wong Yiu-keung, the chairman of the local Bruce Lee Club.

Persons: Bruce Lee, Hong, Lee, Bruce Shin, Shin, Mei Zhiyong, HKTB2016, Tyrone Siu, Chun, Kung Fu, Ip, Wong Yiu, Bruce Lee Club, Sophie Uekawa, James Pomfret, Emma Rumney Organizations: Harbour, South Korea, HKTB2016 REUTERS, Thomson Locations: HONG KONG, Hong Kong, China, Asia, Europe, South, San Francisco, British, Japan

[1/2] Legislators vote for the third reading of the District Councils (Amendment) Bill, which pertains to electoral overhaul, at the Legislative Council in Hong Kong, China July 6, 2023. Under the amendment bill, only 88 seats would be directly elected by the public, down from 452 seats in an election that saw a landslide victory by the democracy camp in 2019. For the remaining seats not contested, 40 percent would be appointed by the city leader and 27 ex-officio seats would remain. China had promised universal suffrage as an ultimate goal for Hong Kong in its mini-constitution, the Basic Law. Pro-democracy politicians won 388 out of 452 district council seats during the last district council election in 2019, taking almost ninety percent of the seats and humiliating the pro-Beijing camp.

Persons: Tyrone Siu, Lemon Wong, Wong, John Lee, Jessie Pang, Joyce Zhou, James Pomfret, Michael Perry Organizations: Legislative, REUTERS, Hong Kong's, Civic Party, Tuen Mun District Council, Reuters, Hong, Thomson Locations: Hong Kong, China, Tyrone Siu HONG KONG, Hong, Tuen Mun, Beijing

☆ Hong Kong's international dragon boat races return after 4-year hiatus
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +2 min

[1/6] Participants splash water during a ceremony in between races during Tung Ng or Dragon Boat Festival at Aberdeen fishing port in Hong Kong, China June 22, 2023. The two-day event, organised by Hong Kong's tourism board and the Hong Kong China Dragon Boat Association, drew more than 4,000 paddlers from 160 teams including from the Chinese mainland, Taiwan and internationally, its tourism body said. Can't think of a better way to celebrate the Dragon Boat Festival than with my team and the rest of Hong Kong and Asia," said Shirleen Ho, 41, a member of the Australian National Dragon boat team. While dragon boat originated in China's southern Lingnan region more than 1,000 years, the modern version began in Hong Kong, a special Chinese administrative region, around 40 years ago. The competition is one of many events the Hong Kong government is holding to boost tourism and reinvigorate its economy after sealing its borders for more than two years.

Persons: Tung Ng, Tyrone Siu, Shirleen Ho, Joyce Zhou, Farah Master, Jacqueline Wong Organizations: REUTERS, Hong Kong China Dragon Boat Association, Australian National, Hong, Thomson Locations: Aberdeen, Hong Kong, China, Tyrone Siu HONG KONG, Hong, Hong Kong China, Taiwan, Asia, China's, Lingnan, Victoria, British

☆ Family and friends mourn murdered model in Hong Kong
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: 1 min

HONG KONG, June 18 (Reuters) - Family and friends of Abby Choi, a Hong Kong model who was murdered in a gruesome case in February, gathered at a memorial hall in the city on Sunday to pay their final respects. The vigil took place at Po Fook Memorial Hall in the Tai Wai area of Sha Tin district, adhering to Buddhist traditions. The murder of the 28-year-old influencer shocked the world after parts of her remains were found in a village house in Hong Kong. A funeral ceremony on Monday morning will be followed by a cremation at a monastery on the city's Lantau Island. Reporting by Joyce Zhou, Josh Ye in Hong Kong Editing by Frances Kerry, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Abby Choi, Joyce Zhou, Josh Ye, Frances Kerry, Kirsten Donovan Organizations: Thomson Locations: HONG KONG, Hong Kong, Fook, Tai, Sha Tin

☆ Chinese automaker BYD reopens two Hong Kong showrooms after vandalism
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] A woman walks past a splattered BYD store while police cordons are visible at the scene in Hong Kong, China June 12, 2023. REUTERS/Joyce Zhou/File PhotoCompanies BYD Co Ltd FollowHONG KONG, June 14 (Reuters) - Chinese automaker BYD Co Ltd has restarted operations at two showrooms and a service centre in Hong Kong after they were vandalised earlier this week, BYD's sole agent said in a notice on its website on Wednesday. Its showrooms in the districts of Wan Chai on Hong Kong island and Tsim Sha Tsui in Kowloon, as well as its service centre in Tin Shui Wai in the New Territories, had resumed normal operations, it added. JC Motor did not immediately respond to Reuters' request for comment on the cause and impact of the vandalism. Two BYD showrooms and a service centre in Hong Kong were daubed with red paint, while a car also rammed into the roller shutter at its Yuen Long showroom in the early hours of Monday, causing damage, police told Reuters.

Persons: Joyce Zhou, BYD's, Yuen Long, JC, Donny Kwok, Jacqueline Wong Organizations: REUTERS, BYD, Motor, JC, Reuters, Thomson Locations: Hong Kong, China, HONG KONG, Yuen, New Territories, Wan Chai, Sha Tsui, Kowloon, Tin Shui

☆ Two giant rubber ducks debut in Hong Kong in bid to drive "double happiness"
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +2 min

[1/6] An art installation dubbed "Double Ducks" by Dutch artist Florentijn Hofman, is seen at Victoria Harbour, in Hong Kong, China June 9, 2023. Hofman said his pair of ducks represent "twice the fun, double the happiness" and bring new excitement to Hong Kong. "We would like more installation art like the rubber ducks in Hong Kong. Right now there isn't much space for art in Hong Kong if we compare it to Macau or Shenzhen, they have more art installations." A 40-year-old engineer named Kane said the ducks were positive for Hong Kong.

Persons: Florentijn Hofman, Tyrone Siu, Hofman, peng, Anna, Kane, It's, Justin Fung, Jessie Pang, Joyce Zhou, Farah, Michael Perry Organizations: Victoria Harbour, REUTERS, Ducks, Thomson Locations: Victoria, Hong Kong, China, Tyrone Siu HONG KONG, Hong, Victoria Harbour, Netherlands, France, Brazil, Hong Kong's, Tamar, Macau, Shenzhen

HONG KONG/TAIPEI, June 4 (Reuters) - Hong Kong police searched and detained scores of people on Sunday, including four arrested for "seditious" intent, as authorities tightened security for the 34th anniversary of the 1989 Tiananmen Square crackdown. [1/6] Police detain a woman with paper flowers in downtown on the 34th anniversary of the 1989 Beijing's Tiananmen Square crackdown, near where the candlelight vigil is usually held, in Hong Kong, China June 4, 2023. 'CLEAR CONCLUSION'Despite the warnings in Hong Kong, some individuals, including book shop owners, have been quietly marking June 4. Peggy Kwan, 57, an interpreter at the event, expressed sadness at the stifling of commemorations in Hong Kong. "Hong Kong is moving backward," she said.

Persons: Alexandra Wong, Chris, Tyrone Siu, Hong, Chow, Mao Ning, Peggy Kwan, William Lai, Yew Lun Tian, Joyce Zhou, Angie Teo, James Redmayne, James Pomfret, Robert Birsel, Nick Macfie Organizations: Hong Kong, Britain, Police, REUTERS, New, Rights, The, Facebook, Foreign, Taiwan, Democratic Progressive, Town, Thomson Locations: HONG KONG, TAIPEI, Hong, Hong Kong, Taipei, London , New York, Berlin, Victoria, China, Kong, Beijing, Tiananmen, New York, Taiwan, Sydney, North America, Europe, Asia

[1/2] Alan Leong Kah-kit, Chairperson of the Civic Party, speaks to the media announcing the party's disbandment in Hong Kong, China May 27, 2023. Today, the Civic Party is bidding Hong Kong farewell. We hope Hong Kong people will live in the moment with a hopeful and not too heavy heart. The Civic Party, founded in 2006, had been a major democratic force in the financial hub that returned from British to Chinese rule in 1997, alongside the Democratic Party, performing strongly in local legislative and district polls. Hong Kong and Chinese authorities described the electoral revamp as a progressive democratic step to ensure only pro-China "patriots" govern Hong Kong.

☆ Chinese tourists flock to gambling hub Macau for Labour Day holiday
▼ + stars: | 2023-04-30 | by ( Joyce Zhou | ) www.reuters.com time to read: +3 min

[1/5] A view of visitors in front of the ruins of Saint Paul's during Labour Day holiday in Macau, China, April 30, 2023. REUTERS/Lam YikMACAU, April 30 (Reuters) - Hundreds of thousands of mainland Chinese visitors have descended on the world's biggest gambling hub of Macau for the Labour Day holiday, packing tightly into its narrow cobblestone streets and placing bets in its glitzy casinos. Coco Li, a 42-year-old woman from Hubei province who was visiting with her husband, said they chose to come to Macau because travel rules had relaxed. "We've been actively working with the Macau government on our labour requirements," the company said. Reporting by Joyce Zhou in Macau; Writing by Farah Master; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Crowds swarm Art Basel Hong Kong as galleries report sales bonanza
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +2 min

[1/3] An installation titled "Calligraphic Wig" by Daniel Knorr is displayed at Art Basel in Hong Kong, China, March 23, 2023. Art Basel Hong Kong is one of the first big events the city has held since dropping its COVID-19 mask mandate this month. City authorities are welcoming the art fair as they try to reinvigorate the economy and promote Hong Kong as a vibrant cultural hub. Teresa Choi, a visitor from Macau, said Hong Kong was much busier than during COVID times. "Hong Kong has always been the international financial hub for Asia ... Travellers are regaining their confidence about Hong Kong and the economy and want to come."

☆ Four appear in Hong Kong court charged with gruesome murder of model
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Feb 27 (Reuters) - Four people charged in connection with the killing of 28-year-old model Abby Choi appeared in court on Monday morning, after police found parts of her body in a village house on the outskirts of the financial city. Hong Kong police said on Sunday they had charged three men, aged 28-65, with murder, and a 63-year old woman with one count of obstructing the case. Those charged with Choi's killing included her ex-husband, Alex Kwong, Kwong's brother Anthony and their father Kwong Kau, police said. Police discovered parts of her body in the three-storey house in rural Tai Po district last week. Reporting by Jessie Pang and Joyce Zhou; writing by Farah Master; Editing by Raju Gopalakrishnan and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

[1/5] A Chinese police officer stands guard at in the mainland port area of West Kowloon High-Speed Train Station Terminus on the first day of the resumption of rail service to mainland China, during the coronavirus disease (COVID-19) pandemic in Hong Kong, China, January 15, 2023. REUTERS/Tyrone SiuHONG KONG/BEIJING, Jan 15 (Reuters) - China resumed on Sunday high-speed rail services between Hong Kong and the mainland for the first time since the beginning of the COVID-19 pandemic, as it dismantles travel curbs after Beijing scrapped quarantine for arrivals a week earlier. Operations at West Kowloon station have been smooth, with a flow of about 1,400 passengers by 10 a.m., said Cheung Chi-keung, head of operator MTR Corp’s (0066.HK) cross-boundary operations. Hong Kong's transport secretary, Lam Sai-hung, said he could not confirm when long-haul journeys would resume, but that would be after talks with mainland authorities. Reporting by Joyce Zhou and Donny Kwok in Hong Kong and Martin Quin Pollard and Shuyan Wang in Beijing; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Mainland Chinese head to Hong Kong for mRNA COVID vaccines
▼ + stars: | 2023-01-12 | by ( Joyce Zhou | ) www.reuters.com time to read: +2 min

HONG KONG, Jan 12 (Reuters) - Scores of mainland Chinese travellers are rushing to Hong Kong to receive mRNA COVID-19 vaccines, which are not available on the Chinese mainland, as the country grapples with a torrent of infections which have overwhelmed its health system. A private hospital in the special Chinese administrative region of Hong Kong welcomed the first batch of mainland customers on Thursday, just five days after China reopened its borders for the first time in three years, allowing quarantine free travel. [1/5] Yoyo Liang, from mainland China, received a dose of BioNTech bivalent coronavirus disease (COVID-19) vaccine at a private clinic in Hong Kong, China January 12, 2023. There is no bivalent vaccine available in mainland Chin," she explained after she received her jab. Virtus, which has received more than 300 inquiries so far about the vaccines, is expecting more mainland customers to come to Hong Kong in the coming weeks and months, the company's chief medical officer Samuel Kwok told reporters.

Long queues formed at the Hong Kong international airport's check-in counters for flights to mainland cities including Beijing, Tianjin and Xiamen. Hong Kong media outlets estimated that thousands were crossing. Beijing has quotas on the number of people who can travel between Hong Kong and China each day. I'm thrilled, I can't believe it’s happening,” said a businesswoman surnamed Shen, 55, who flew in from Hong Kong. The World Health Organisation said on Wednesday that China's COVID data underrepresents the number of hospitalisations and deaths from the disease.

[1/5] People wearing face masks walk under neon lights near casinos during the coronavirus disease (COVID-19) pandemic in Macau, China, December 29, 2022. REUTERS/Tyrone SiuMACAU, Dec 30 (Reuters) - Three years of COVID-19 forced Becky Zhang’s specialty food business in Macau to near collapse. However, Macau has been closed off to the rest of the world, including neighbouring financial hub Hong Kong, for the past three years. Since reopening, Macau has grappled with a widespread COVID-19 wave, impacting the number of workers across the city. Some tourists who managed to travel to Macau from the mainland for Christmas said they were happy about the lack of crowds.

☆ In Hong Kong, designers try out new assistant: AI fashion maven AiDA
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +3 min

The show put more than 80 outfits from 14 designers in the spotlight, all of which were created with the help of the artificial intelligence software AiDA, short for "AI-based Interactive Design Assistant”. Masked in monochrome blue, wearing outfits that ranged from down jackets to translucent skirts, models strutted past rows of critics and fashion designers. “AiDA is an assistant for fashion designers just to help them, you know, to work together," Wong said. The AiDA system is supported by AI technologies such as image recognition, detection, and image generation, Wong said. AiDA was officially launched with the Fashion X AI show, and is available to designers in Europe and Asia Pacific.

☆ Rising rates, price slump deal double blow to Hong Kong homeowners
▼ + stars: | 2022-09-22 | by ( Clare Jim | ) www.reuters.com time to read: +4 min

An aerial view shows Choi Hung public housing estate and other residential buildings with the Lion Rock peak in the background, in Hong Kong, China June 3, 2021. Home prices in Hong Kong, the world's most unaffordable market by income ratio to house values, are expected to drop around 10% this year, the first fall since 2008. Interest rates in Hong Kong tend to move in lockstep with U.S. rates, as its currency is pegged to the greenback, putting upward pressure on interbank and mortgage rates. Many sellers are those leaving Hong Kong for good or residents forced to cash in to help struggling businesses. ($1 = 7.8488 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Clare Jim; Editing by Anne Marie Roantree and Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

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