Fast-fashion group has been hit by US tariffs while flotation has also faced regulatory challenges over risk factors
Cost-conscious day-trippers from mainland are replacing luxury shoppers, hitting the retail sector
Strong demand for secondary offering in Hong Kong expected to lift amount raised to $5.3bn
Also in today’s newsletter, Europe races to influence Trump ahead of Putin call and Germany drops opposition to nuclear power
Worries about Chinese economy and enthusiasm for HK tech stocks drive record high flows into city from mainland
Law firms have been advising on fintech regulation to keep pace with innovation in digital assets
The FT’s former arts editor picks the greatest hits of a young gallery that houses a major collection of East Asian modern art and design
The really big risks to the dollar remain US geopolitical and policy errors
GLWT
Investors pile into technology stocks and new listings
Wera Hobhouse’s ejection ‘appears linked to her criticism of Beijing’, says international human rights alliance
From a garden oasis in Guangzhou, China, to the turbine halls of M+ Museum in Hong Kong, the artist’s work is springing up in the most unexpected places
Outsiders now run many listed subsidiaries as storied group increases focus on shareholder returns
State department says individuals used Beijing national security law ‘extraterritorially’ to pursue rights activists
Western firms scale back presence in Hong Kong and China as financial activity slows
Local gallerists, advisers and collectors urge a more nuanced look at a city in transition
Populated by hawkers, lovers and gangsters, classic films expressed the melting-pot city’s soul — and are now being celebrated anew
What makes the city an art world mystery? Plus: interviews with Pearl Lam, Pierre Chen and Lu Yang; and much more
Doku, the digital avatar of Chinese artist Lu Yang, is hosting a pop-up store at Art Basel Hong Kong
Conglomerate faces criticism from Beijing for $22.8bn agreement with consortium led by US asset manager
The trailblazing gallerist on the transformation of Hong Kong’s art world and what’s driving a new class of collectors
Empty Gallery, a ‘black-cube’ arts space situated in a Hong Kong high-rise, has a reputation for immersive, experimental experiences
In recent years, major works have gone to private buyers in Asia — a new exhibition puts the artist’s relationship with the region in the spotlight
City’s strategic position makes it increasingly vulnerable to escalating geopolitical tensions between US and China
A lively exhibition at Hong Kong’s Palace Museum explores the culture of feasting — including a centuries-old predecessor to Deliveroo