With less than a week before leaving the White House, President Joe Biden on Wednesday again shielded Hong Kongers who stay in the United States beyond the expiration of their visas from deportation.

President Joe Biden on Wednesday ordered a two-year extension of a program allowing Hong Kong residents living in the US to stay beyond the expiry of visas.

The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,

Vanke's financial woes became public early last year after the firm sought to extend the maturity of its debt as its monthly sales plunged below break-even levels. It was ranked N

Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest builder by revenue.

Prosecutor Anthony Chau showed WhatsApp messages which he said revealed that Lai helped arrange a meeting in Taipei between former U.S. army general Jack Keane, former U.S. deputy secretary of defense Paul Wolfowitz and then Taiwan president Tsai Ing-wen, who wanted to know the Trump administration's stance towards Taiwan.

Former US general Jack Keane and ex-deputy defence secretary Paul Wolfowitz received money for consultancy services for Taiwanese government.