Hong Kong stocks sink with Meituan, Alibaba losses amid tech clampdown concerns, slower Chinese manufacturing An interior view of the headquarters building of Tencent in Shenzhen, Guangdong province. Photo: AFP
Hong Kong stocks dropped by the most in a week on concerns China is escalating a crackdown on the nation s technology giants to rein in financial risks. A government report today also showed Chinese manufacturing slowed more than expected this month.
The Hang Seng Index tumbled 1.7 per cent to 28,807.31 as of 2.30pm local time, setting the market up for a weekly 0.9 per cent decline. The Shanghai Composite Index snapped a three-day winning streak, losing 1.2 per cent to 3,443.12 before a three-day market holiday next week.
Plants are not just for the pandemic, the Chinese have admired them for millennia House plants have proven popular during the pandemic. Photo: Shutterstock
One of the consequences of social isolation over the past year, apart from corpulence and pallid complexions, has been the proliferation of house plants. With more time at home and the convenience of having seedlings, saplings and gardening kits delivered to their doors, a few enthusiasts I know seemed determined to turn their flats into luxuriant jungles or bountiful farms.
The ability to coax life out of plants, also known as having a green thumb, has always eluded me. I do enjoy them - I am curiously partial to chrysanthemums - but place a plant in my hands and its death inevitably follows. Not even the hardiest specimens are spared my unintentional planticide.
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Chinese consumers push Apple to record second quarter in China thanks to 5G iPhones Apple fans line up to visit a new flagship store at Sanlitun in Beijing, China, on July 17, 2020. Photo: Simon Song
Apple s sales in Greater China, which includes Hong Kong and Taiwan, almost doubled year-on-year in the quarter ending March, buoyed by strong demand for 5G iPhones and first-time purchases of Mac computers and iPads, said the Cupertino, California-based giant on Wednesday.
Revenue in the region climbed 87.5 per cent to US$17.7 billion, Apple s highest-ever revenue for its fiscal second quarter in Greater China. It accounted for nearly 20 per cent of Apple s global revenue during the period, which included the Lunar New Year holiday.
A sailor died in a Hong Kong industrial accident early on Wednesday after he was hit by a metal shackle that had broken loose while working on a cargo vessel docked at a Tsing Yi container terminal. Police believe the 21-year-old man from Myanmar was securing a shipping container with a cable wire aboard the vessel berthed at the terminal off Tsing Yi Hong Wan Road. The wire was connected to the metal shackle, a type of fastening device used to.
In 2018, overtourism was an Asia-wide affliction, with destinations from Boracay, in the Philippines, to Thailand's Maya Bay engaging in damage control after too many visitors had descended. Heck, the term even made it onto the Oxford English Dictionary's "word of the year" shortlist. The South Korean island of Jeju also suffered from "too many tourists" that year, according to The Korea Times. Speaking to the English-language daily in 2018,.