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WASHINGTON (AP) — President Joe Biden and China’s Xi Jinping have no shortage of difficult issues to discuss when they sit down for their first talks in a year, even if expectations are low that their meeting will lead to major breakthroughs. Beijing’s demands were made clear last November when Xi and Biden met in Bali, Indonesia, during the Group of 20 summit. That was a rejoinder to the Biden administration mantra that the two nations should compete vigorously while not looking for conflict. Beijing has bristled at export controls and other measures imposed by the Biden administration, perceiving them as designed to stifle China's economic growth. But Xi, this time, is likely to seek assurance from Biden that the U.S. will not pile new ones onto China.

Persons: Joe Biden, China’s Xi, what’s, Biden, Xi, Janet Yellen, “, ”, Nancy Pelosi, Newt Gingrich, Xie Feng, Wang Wenbin, Zhu Feng, Zhu, Kanis Leung, Ken Moritsugu, Yu Bing Organizations: WASHINGTON, Economic Cooperation, BIDEN, U.S ., U.S, American, School of International Studies of Nanjing University, Trump, Biden, ”, Associated Press Locations: Asia, Taiwan, East, Europe, U.S, China, Francisco, Beijing, United States, Taiwan . Washington, Iran, Tehran, Israel, American, Hong Kong, Bali , Indonesia, Bali, Washington, ” Beijing, San Francisco

☆ LME appoints new technology manager to strengthen expertise for flagship project
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018. The LME is the world's largest and oldest forum for metals. Its three-year-long flagship project to overhaul its electronic trading system faces up to a year of further delays and mounting costs, four people with knowledge of the matter told Reuters in October. From Jan. 15, Baldwin will join the LME, succeeding Mario Quonils who has decided to relocate back to Germany, the LME, owned by Hong Kong Exchanges and Clearing (0388.HK), said in a statement. "Alistair's knowledge and expertise in running in-house technology platforms will prove invaluable in this regard," he added.

Persons: Simon Dawson, Alistair Baldwin, Baldwin, Mario Quonils, Alistair, Richard Leung, Polina Devitt, Tomasz Janowski Organizations: London Metal Exchange, REUTERS, Companies Hong Kong Exchanges, NatWest Markets, Reuters, Hong Kong Exchanges, HK, HKEX Group, Thomson Locations: London, Britain, Germany

Student-led demonstrations have taken place on college campuses across the U.S. since the start of the Israel-Hamas war last month. Photo: Chin Hei Leung/Zuma PressRising tensions on campuses related to the Israel-Hamas war have led to widespread calls for colleges to do more to protect Jewish students from bigotry and threats of physical harm. A group of more than 30 Modern Orthodox high schools has joined donors, alumni and law firms in calling on colleges to rein in antisemitism after a rash of protests and antisemitic incidents on campuses that have left many Jewish students deeply unnerved.

Persons: Chin Hei Leung Organizations: Hamas, Zuma Locations: Israel

☆ ‘We lost control of who we were.’ Why Phillip Lim’s return to fashion matters
▼ + stars: | 2023-10-30 | by ( Alex Rees | ) edition.cnn.com time to read: +16 min

(CNN) — The tears were flowing backstage at Phillip Lim’s latest runway show, as the fashion designer made has return to the New York Fashion Week last month after four years away. CNN: Did planning your return to New York Fashion Week take you back to when you launched 3.1 Phillip Lim in the first place? Models pose during the presentation of 3.1 Phillip Lim's Fall-Winter 2006 collection at New York Fashion Week on February 4, 2006. JP Yim/WireImage/Getty ImagesZhou: 3.1 Phillip Lim was founded on the idea of ‘why not?’Phillip and I were both 31-years-old. Does 3.1 Phillip Lim have that roadmap right now, or is the ‘second act’ still being written?

Persons: Phillip Lim’s, Lim, ”, Phillip Lim, Wen Zhou, Madison McGaw, Phillip Lim’s “, Zhou, it’s, ” Phillip Lim “, ” Lim, ‘, I’m, let’s, couldn’t, Phillip Lim's, JP Yim, ’ Phillip, Phillip, we’d, It’s, Ezra J, William, Tina Leung, Prabal Gurung, Laura Kim —, Slay, Eva Chen, Dimitrios Kambouris, Phillip Lim CNN, Liya Kebede, Liya, Phillip Lim Spring, Victor Virgile, ’, I’ll, You’ve, John Nacion, —, Sou Lai, That’s what’s Organizations: CNN, New York, titans, Zhou, Pacific Islanders, Getty, Sou Lai CNN Locations: New York, New, New York City

JIUQUAN SATELLITE LAUNCH CENTER, China (AP) — China launched its youngest-ever crew for its orbiting space station on Thursday as it seeks to put astronauts on the moon before 2030. Tang is a veteran who led a 2021 space mission for three months. It built its own space station after it was excluded from the International Space Station, largely due to U.S. concerns over the control of the program by the People’s Liberation Army, the military branch of the ruling Communist Party. China’s first manned space mission in 2003 made it the third country after the former Soviet Union and the U.S. to put a person into space using its own resources. ___Associated Press video producer Caroline Chen at the Jiuquan Satellite Launch Center and journalist Kanis Leung in Hong Kong contributed to this report.

Persons: Tang Hongbo, Tang Shengjie, Jiang Xinlin, Tang, Caroline Chen, Kanis Leung Organizations: —, China Manned Space Agency, CCTV, U.S, International, Station, People’s Liberation Army, Communist Party, Soviet Union, SpaceX, Associated Press, Center Locations: China, — China, Beijing, U.S, Hong Kong

☆ Asian stocks bounce on China spending plans; inflation jolts Aussie
▼ + stars: | 2023-10-25 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.9% and the Hang Seng (.HSI) 2%. China's top parliament approved a 1 trillion yuan ($137 billion) bond issue, state media reported adding the funds would be spent rebuilding disaster zones and improving infrastructure. Investors pulled forward European rate cut expectations a little and the euro was nursing losses at $1.0594. The annual pace of inflation in Australia slowed in the third quarter, but at 5.4% was above forecasts of 5.3%. Oil fell in commodity trade on Tuesday, thanks to the weak economic data from Europe, and was nursing losses on Wednesday.

Persons: Dado Ruvic, hawkish, Bonds, Steven Leung, UOB Kay Hian, Leung, Glenn Yin, Lincoln Organizations: REUTERS, Japan's Nikkei, Treasury, Central, Central Huijin, Investors, 25bp, ANZ, Brent, AETOS Capital Group, U.S . Securities, Exchange Commission, Thomson Locations: China, SINGAPORE, Asia, Pacific, Japan, Tokyo, U.S, Hong Kong, Central, Australia, Europe, Melbourne, United States, Russia, Israel, Gaza, BlackRock

☆ Jewish Students, Stand Tall
▼ + stars: | 2023-10-24 | by ( ) www.wsj.com time to read: 1 min

A man draped in an Israeli flag walks through a group of anti-Israel protesters in University District, Wash., Oct. 13. Photo: Chin Hei Leung/Zuma PressAnti-Semitism has reared its hideous head at many American universities, and now, as Dovid Efune notes in “Give Me The Biggest Kippah You Can Find” (Houses of Worship, Oct. 20), some Jewish students are voicing concern about their safety. Don’t cave to the loud and brainwashed. I’d encourage those students to think about it this way: If you lived in Israel right now, instead of facing loud chants, hateful placards and indifferent administrators, you would be facing rockets—and worse. Israelis your age are in a fight for their lives, while all you have to do is hold your head high and fight back with your words.

Persons: Chin Hei Leung, Dovid Efune Organizations: Zuma Locations: Israel, University District

"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.

Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, —, Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations

☆ Flexport fires CFO, HR chief departs weeks after sudden ouster of Dave Clark as CEO
▼ + stars: | 2023-09-27 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software startup, the company has ousted its chief financial officer, and its human resources chief has resigned, CNBC has learned. Flexport informed CFO Kenny Wagers last week that he was being let go, according to people familiar with the situation. Clark and Petersen worked as co-CEOs of Flexport starting last September, and Clark took over as the company's sole CEO in March. Stuart Leung will become Flexport's Chief Financial Officer and report to Ryan Petersen, CEO, effective immediately. WATCH: Flexport CEO Petersen on company's plan to reinvest profits

Persons: Ryan Peterson, Ryan Petersen, Dave Clark, Flexport, Kenny, Stuart Leung, Leung, Petersen's . Petersen, Clark, Jeff Bezos, Petersen, Peter Thiel's, Jennifer Boden, Boden, Darcie Henry, Michael Brown, Stuart, Jennifer, " Petersen, Henry, Teresa Carlson, Tim Collins, Kelly Cheeseman, Andreessen Horowitz, SoftBank, it's, excoriated Clark, — CNBC's Rohan Goswami Organizations: Flexport Inc, CNBC, Amazon, Fund, Restructuring, Founders Fund Locations: San Francisco , California, U.S, Flexport, Shopify, Andreessen

☆ Evergrande's debt revamp roadblock hits China property investors' sentiment
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +4 min

China Evergrande Group's logo is seen on its headquarters in Shenzhen, Guangdong province, China, Sept. 26, 2021. "Its debt restructuring plan is now stuck and can't go any further," said Steven Leung, sales director at UOB Kay Hian in Hong Kong. Evergrande's offshore debt restructuring involves a total of $31.7 billion, which includes bonds, collateral and repurchase obligations, potentially making it one of the world's biggest such exercises. "Concern over the financial health (of developers) still clouds the property sector, especially those smaller property developers with high gearing but very few property projects on hand," Leung said. The latest roadblock in Evergrande's debt restructuring plan opens a new front for the developer just a week after police detained some staff at its wealth management unit, sending its shares slumping.

Persons: Aly, Group's, Hengda, Hong, Steven Leung, UOB Kay Hian, Leung, Evergrande, Donny Kwok, Anne Marie Roantree, Sumeet Chatterjee, Lincoln, Sam Holmes Organizations: REUTERS, HK, Hengda, Estate Group Co, China Oceanwide Holdings, National Bureau of Statistics, Thomson Locations: China, Shenzhen, Guangdong province, HONG KONG, firming, Seng, Hong Kong, Bermuda

☆ Head of Hong Kong journalists' group sentenced to jail for obstructing police
▼ + stars: | 2023-09-25 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +2 min

[1/2] Ronson Chan, chairman of the Hong Kong Journalists Association (HKJA) arrives the West Kowloon Magistrates Courts after been charged with obstructing police, in Hong Kong, China September 22, 2022. Ronson Chan, chairman of the Hong Kong Journalists Association, was detained and handcuffed by two plainclothes officers while covering a story after he failed to hand over his personal identity card. The journalist cannot leave Hong Kong and had to surrender his travel documents. The Hong Kong Journalists Association is one of the last major professional groups in Hong Kong advocating fundamental rights and press freedoms, following the enactment in June 2020 of a national security law by Chinese authorities. ($1 = 7.8156 Hong Kong dollars)Reporting By Jessie Pang; writing by Greg Torode; editing by Mark Heinrich and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

Persons: Ronson Chan, Tyrone Siu, Hong Kong's, Chan, Leung Ka, Leung, Jessie Pang, Greg Torode, Mark Heinrich, Toby Chopra Organizations: Hong Kong Journalists Association, REUTERS, Tyrone, Chan HK, Thomson Locations: Kowloon, Hong Kong, China, HONG KONG, Britain, Beijing

Houses at the Redhill Peninsula, a luxurious residential estate in the Tai Tam area of Hong Kong, on September 13. She was referring to the Hong Kong International School, one of the most prestigious in town. Flooded roads after heavy rains in Hong Kong on September 8. Typhoon Saola, which barreled through Hong Kong on September 1, was the strongest to hit the city in five years. Scientists say climate change will make such weather events only more frequent and some are urging Hong Kong to rethink its rain mitigation strategy.

Persons: Hong Kong CNN —, Feng Shui, –, Benny Chan, Chris Lau, ”, Tyrone Siu, Saola, Haikui, Hong Kong, Leung, ” Leung, Mai, Ray Su, Su, wouldn’t, John Lee, Chan, ” Chan, “, Chan Kim Organizations: Hong Kong CNN, South China, Hong Kong Institute of Architects, CNN, Redhill, Porsche, Rover, Ferrari, Hong Kong International School, RTHK, University of Hong, Hong Kong’s Buildings Department, Liber Research Locations: Hong Kong, South, tycoons, Redhill, Tai Tam, Malibu, Los Angeles, “, Hong, University of Hong Kong

☆ How Luckin Coffee overtook Starbucks as the largest coffee chain in China
▼ + stars: | 2023-09-12 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

SHENZHEN, CHINA - 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. Founded in 2017, Luckin Coffee burst onto the Chinese coffee scene to challenge Starbucks through affordable coffee options and mobile ordering. China is Starbucks' second-largest market after the U.S. Luckin Coffee grew to 10,829 stores in China at the end of June, surpassing Starbucks as the largest coffee chain brand in the country following what one analyst calls an "aggressive" expansion. Meanwhile, Starbucks' stores worldwide are company-owned and the American coffee chain does not franchise operations, according to its website. The Chinese coffee chain said that it sold 5.42 million Moutai alcohol-infused lattes on the first day of its launch.

Persons: Alex Tai, Li, Rahul Maheshwari, Luckin, Vivian Leung, Zhang Peng, Price, it's, Jianggan Li, Leung, Kweichow Moutai, Moutai, Shawn Yang, Yang, latte Organizations: Getty, Starbucks, U.S, Luckin, Momentum, Coffee, CNBC, Lightrocket, Brand Finance, Blue Lotus Research Institute Locations: SHENZHEN, CHINA, China, Singapore, Guangzhou, TIANJIN, Asia, Beijing

☆ Beijing claims a US citizen jailed for life in China was a decorated spy who worked undetected for decades
▼ + stars: | 2023-09-11 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

At the time, authorities provided no details about his case, except that he was detained by state security officers in April 2021. According to a court statement at the time he had been arrested by state security authorities in April 2021. Beijing and Washington have escalated espionage accusations against each other, after the controversy over an alleged Chinese spy balloon shot down by the US further inflamed tensions earlier this year. In its WeChat post, China’s spy agency claimed Leung’s patriotic Chinese persona was a means of gaining access to Chinese intelligence. The latest allegations against Leung from China come the same week an alleged Chinese spying scandal has rocked the heart of British politics.

Persons: Hong Kong CNN —, John Shing, Wan Leung, Leung, William Burns, “, ”, Tom Tugendhat, Rishi Sunak Organizations: Hong Kong CNN, Ministry of State Security, Authorities, CNN, US State Department, CIA, Conservative Party, Sunday, British Locations: Hong Kong, Hong Kong CNN — Beijing, American, China, PRC, Beijing, Washington, Houston, London

☆ Buy 'BAT' - CLSA gives three stocks to bet on China in the global AI race
▼ + stars: | 2023-09-06 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

CLSA thinks China could emerge as the second-largest artificial intelligence market, and the firm is eyeing a tranche of stocks to play the growth. "While the USA is a strong leader, China is putting up a fight and we believe it will become the world's second-largest AI market with over 6% share of global US$1tn AI spending by 2026," the note said. For exposure to the future AI growth in China, Leung highlighted Baidu and Alibaba , while calling out Tencent as the premier play — a trio of stocks the firm dubbed "BAT." "We believe Baidu, Alibaba and Tencent are the best positioned to lead China's AI innovation," Leung said. All three companies are the dominant developers of large language models in China, Leung added, and already have a tight grip over the necessary data and IT to grow further.

Persons: CLSA, Elinor Leung, Bard, Leung, Tencent, —, BABA, Michael Bloom Organizations: Nvidia, Microsoft, Google, Baidu, BAT, ", HK Locations: China, The U.S, U.S, ChatGPT, USA, Hong Kong, Tencent

☆ Emotional Tony Leung wins lifetime award at Venice
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +2 min

[1/4] The 80th Venice Film Festival - Award Ceremony for Golden Lion award for lifetime achievement - Venice, Italy September 2, 2023. Actor Tony Leung Chiu-Wai reacts as he receives the Golden Lion award for lifetime achievement. REUTERS/Guglielmo Mangiapane Acquire Licensing RightsVENICE, Sept 2 (Reuters) - Hong Kong actor Tony Leung Chiu-wai received a Golden Lion Lifetime Achievement Award at the Venice Film Festival on Saturday, brushing away his tears as he was given a prolonged standing ovation. He also appeared in a trio of movies that won the top Golden Lion award at the Venice Film Festival -- "A City of Sadness" (1989), "Cyclo" (1995) and "Lust, Caution" (2007), directed by Ang Lee, who handed him his award on Saturday. In another major challenge, Leung said he was about to make his first European film, "Silent Friend", directed by Hungary's Ildikó Enyedi.

Persons: Tony Leung Chiu, Wai, Guglielmo Mangiapane, Leung, Wong Kar, Ang Lee, Andy Lau, Lau, Hungary's Ildikó, I'm, Hanna Rantala, Crispian Balmer, Ros Russell Organizations: Reuters, Golden, Thomson Locations: Venice, Italy, Hong Kong

☆ China's Country Garden says $100 billion Malaysia project on track
▼ + stars: | 2023-08-28 | by ( A. Ananthalakshmi | ) www.reuters.com time to read: +3 min

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsKUALA LUMPUR, Aug 28 (Reuters) - Embattled Chinese developer Country Garden (2007.HK) said on Monday its $100-billion project in Malaysia was proceeding as planned and it had sufficient assets, despite concerns over its financial strength. Country Garden is building its largest overseas development, the massive Forest City project, across four reclaimed islands in the southern Malaysian state of Johor bordering the wealthy city state of Singapore. Malaysia's incentives should be "very positive" for Country Garden, said Steven Leung, Hong Kong-based director of UOB Kay Hian. Shares of Country Garden were up more than 8% on Monday.

Persons: Aly, Anwar Ibrahim, Anwar, Loong Kok Wen, Steven Leung, UOB Kay Hian, Clare Jim, Martin Petty, Clarence Fernandez Organizations: Shanghai Country Garden, REUTERS, HK, Malaysian, . Forest, Esplanade, Thomson Locations: Shanghai, China, KUALA LUMPUR, Malaysia, Singapore, Forest, Malaysian, Johor, Forest City, Hong Kong

☆ Evergrande loses $2 bln in value as trade resumes; extends creditor voting
▼ + stars: | 2023-08-28 | by ( Clare Jim | ) www.reuters.com time to read: +4 min

Its Hong Kong listed shares plunged 79% to HK0.35 in the afternoon session, narrowing losses from 87% at the opening. Market capitalisation shrank to HK$4.6 billion ($586.38 million from HK$21.8 billion ($2.78 billion) from when it last traded. Its units, China Evergrande New Energy Vehicle Group (0708.HK) and Evergrande Property Services Group (6666.HK), have both resumed trading in the past month after a 16 month halt. The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. ($1 = 7.8442 Hong Kong dollars)($1 = 7.2834 Chinese yuan renminbi)($1 = 7.8447 Hong Kong dollars)Reporting by Clare Jim; Additional reporting by Donny Kwok Editing by Kim Coghill and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Evergrande, Steven Leung, UOB Kay Hian, Aly, homebuyers, Clare Jim, Donny Kwok, Kim Coghill, Christopher Cushing Organizations: China Evergrande, HK, Hong, Hong Kong Stock Exchange, Energy Vehicle Group, Evergrande Property Services, China Evergrande Group, REUTERS, Prism Hong, Thomson Locations: HONG KONG, China, China's, Hong Kong, Shenzhen, Guangdong province, Prism Hong Kong, Shanghai

☆ China Evergrande loses $2.4 bln in value as trade resumes after 17 months
▼ + stars: | 2023-08-28 | by ( Clare Jim | ) www.reuters.com time to read: +3 min

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. Next month, courts will decide on Evergrande's plan to restructure almost $32 billion worth of offshore debt obligations. Its Hong Kong-listed units, China Evergrande New Energy Vehicle Group (0708.HK) and Evergrande Property Services Group (6666.HK) have both resumed trading in the past month after a 16 month halt. The resumption of trading in all three companies is crucial for Evergrande Group because its offshore debt restructuring plan includes swapping part of the debt into equity-linked instruments backed by them. ($1 = 7.8435 Hong Kong dollars)($1 = 7.8442 Hong Kong dollars)($1 = 7.2834 Chinese yuan renminbi)Reporting by Clare Jim; Additional reporting by Donny Kwok Editing by Kim Coghill and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Aly, HONG KONG, Steven Leung, UOB Kay Hian, homebuyers, Evergrande, Clare Jim, Donny Kwok, Kim Coghill, Christopher Cushing Organizations: China Evergrande Group, REUTERS, China Evergrande, Hong Kong Stock Exchange, Evergrande, HK, Energy Vehicle Group, Evergrande Property Services, Evergrande Group, Prism Hong, Thomson Locations: China, Shenzhen, Guangdong province, HONG, HK, China's, Hong Kong, Prism Hong Kong, Shanghai, Cayman

☆ 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 12 (Reuters) - China's major tech companies have shed more than $1 trillion in value -equivalent to the entire Dutch economy - since the government's regulatory crackdown on the sector began more than two years ago, according to Refinitiv data. Reuters GraphicsTechnology stocks (.HSTECH) in Hong Kong have rallied 4.1% since Monday as investors bank on an easing regulatory environment to boost earnings, but some analysts have sounded a note of caution. "Mega-cap tech companies will allocate increasingly large amounts of capital expenditure towards developing generative AI technologies and products in a hostile external environment, potentially impacting profitability," said Redmond Wong, Saxo Markets strategist in Hong Kong. Steven Leung, UOB Kay Hian sales director, said current valuations would last "until we see more supporting policies from authorities". Reporting by Donny Kwok in Hong Kong and Scott Murdoch in Sydney; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

Persons: Tencent, Redmond Wong, Steven Leung, UOB Kay Hian, Donny Kwok, Scott Murdoch, Kevin Liffey Organizations: People's Bank of China, Tencent Holdings, HK, Alibaba, Baidu Inc, Reuters Graphics Technology, Saxo Markets, Thomson Locations: HONG KONG, Hong Kong, Sydney

☆ Opinion: Supreme Court drops the H-bomb and D-bomb
▼ + stars: | 2023-07-02 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Graduates of Harvard and other Ivy League schools earn significantly more than most college graduates –— the credential opens doors. Maybe the best confirmation of that is that eight out of the nine Supreme Court justices went to law school at either Harvard or its Ivy rival, Yale. “The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. And the Supreme Court has just guaranteed that this will be the case for many years to come.”“The court made the right decision,” wrote Ilya Somin, a law professor at George Mason University.

Persons: Harvard College Dean Rakesh Khurana, ”, Harvard isn’t, –, Michael Gerhardt, Roe, Wade, Donald, Trump, Bill Bramhall, Tan, ” Ana Fernandez, Richard Kahlenberg, Harvard …, Lanhee Chen, Peniel, Joseph, Joe Biden’s, Rachel Clark, “, Ilya Somin, Biden, ” Clay Jones, Somin, Leah Litman, isn’t, aren’t, Timothy Holbrook, Nicole Hemmer, Drew Sheneman, Phil Hands, Julian Zelizer, Yorkers, Walt Handelsman, Jill Filipovic, ’, Patrick T, Brown, DeSantis, Duncan Hosie, Ken Ballen, Trump Jack Ohman, Jennifer Martin, ” Martin, Vladimir Putin’s, Yevgeny Prigozhin, Wagner, Prigozhin, David A, Putin, Jade McGlynn, CNN’s Chris Good, it’s, Frida Ghitis, Keir Giles, Victory, Don’t, Agency Dean Obeidallah, Keith Magee, France Kara Alaimo, Vicki Shabo, Leroy Chiao, Abdullah, Billy Lezra, MonaLisa Leung Beckford, Timothy Naftali, David Horsey, It’s, Blake Moore, Marc Veasey, Hershel “ Woody ” Williams, Moore, Veasey, “ Williams, Williams, Hershel ‘ Woody ’, Abraham Lincoln, ” Moore, Lincoln Organizations: CNN, Harvard, Harvard College, Wall Street Journal, of Harvard, Ivy League, Yale, Supreme Court, University of North, University of North Carolina —, Wellesley College, Blacks, …, George Mason University, “, University of Michigan, Democratic, Agency, Trump, New Yorker, American Academy of Sleep, Soviet Union —, RFK, Republican, Utah Republican, Texas Democrat, Marines Locations: Boston, University of North Carolina, California, “, Chicago, Detroit, Great, Bedminster, New Jersey, New, Iran, Ukraine, Russia, Soviet Union, Moscow, France, Hong Kong, China, America, Utah, Texas, Iwo Jima, Lincoln

☆ Hong Kong film-makers say censorship law spooks investors, actors
▼ + stars: | 2023-06-28 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +6 min

The day before their Loose Narratives short film festival began in April, censors denied approval for their short film "Wake in Silence", citing "possible seditious intentions". "I consider myself more commercial, but I still hope to have lots of Hong Kong elements in my movies," he said. "We are scared of the disappearance of the culture and arts of Hong Kong," said Ching Wong, who founded Hong Kong Film Festival UK along with director Ng Ka Leung in 2021. "At this moment, the chance of me finding funds in the Hong Kong market and the Hong Kong government seems to be close to zero," film-maker Chow said. ($1=7.82 Hong Kong dollars)Reporting by Jessie Pang; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Tyrone Siu, Kiwi Chow, Chow, Kevin Yeung, Rex Ren, David Chan, Ren, Ho, Ching Wong, Ng Ka Leung, Jessie Pang, Clarence Fernandez Organizations: REUTERS, Hong, Kong's, Film, Association, British, HK, Film Development, Film Development Council, Times, Fresh, Hong Kong, Hong Kong Film, Thomson Locations: Hong Kong, China, Tyrone Siu HONG KONG, Cannes, Hong, Britain, Canada, United States

☆ A Stir-Fry to Convert Green Bell Pepper Skeptics
▼ + stars: | 2023-06-22 | by ( Eric Kim | ) www.nytimes.com time to read: +1 min

Next to its older siblings in blazing red, orange and yellow, the green bell pepper has never had the best reputation. But, if you’re trying to capture the edge of bitterness, where savory and sweet intermingle, then the green pepper might be your ideal implement. Perhaps the one dish where the diner must confront the unripe pepper head-on is pepper steak. For many Americans, what comes to mind is the saucy beef stir-fry seen on takeout menus and strewn with crunchy panels of Christmassy red and green bell peppers. The Chinese American pepper steak, she said, “feels like a culmination of all of those influences.” The Leungs — Sarah, Kaitlin, Bill and Judy — published their first proper pepper steak recipe only recently, in April, using oyster sauce, chicken stock and red bell peppers in addition to the green.

Persons: Sarah Leung, “, Sarah, Kaitlin, Judy — Locations: Louisiana, Sichuan, Fujian

☆ American jailed for spying by China rubbed shoulders with senior Chinese officials, CNN reporting shows, CNN reporting shows
▼ + stars: | 2023-05-16 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

“He’s a very famous person, known by many overseas Chinese in the southern US,” Tang said. Reports published by Chinese-language media in Texas and China’s state media show Leung’s long-running access to senior Chinese officials. In 2014, he met with the director of Jiangsu Provincial Overseas Chinese Affairs Office during a visit to Nanjing, the provincial capital. This photo shows John Leung with Wang Hua, the former director of Jiangsu Provincial Overseas Chinese Affairs Office. It also comes as American and Chinese officials are resuming high-level engagements since a dispute over a suspected Chinese spy balloon shattered efforts to mend ties earlier this year.

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