https://www.scmp.com/rss/517906/feed Trip.com Group is China's largest online travel agency by revenue. The company provides travel services for the Chinese-speaking world through Ctrip and Qunar, and to non-Chinese customers through Trip.com and Skyscanner. Its reach extends to more than 1.4 million hotels in 200 countries and regions, and its flight network has more than 2 million individual routes connecting more than 5,000 cities. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Oscar Liu Oscar Liu Japanese band One OK Rock has abruptly cancelled the Hong Kong leg of its Asian tour in early May due to “unforeseen circumstances”, leaving local fans disappointed. The announcement on Thursday followed a similar move in early March, when the band cancelled its May 9 concert in Shanghai. Led by frontman Taka, the band, which has 3 million Instagram followers, was originally slated to perform at the Central Harbourfront Event Space on May 2 and 3 as part of its “Detox” Asia Tour 2026. “This... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349517/japanese-band-one-ok-rock-cancels-hong-kong-concerts-may-no-specific-reason-given?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349517/japanese-band-one-ok-rock-cancels-hong-kong-concerts-may-no-specific-reason-given?utm_source=rss_feed Thu, 09 Apr 2026 09:01:09 +0000 Aidan Jones Aidan Jones A cornucopia of bargains is lighting up booking sites for Thailand, where five-star luxury hotel rooms are going for huge discounts during the peak holiday season – the unplanned spin-off from the Iran war which threatens to hit international tourist arrivals at a crucial time of the year. At the same time, the surge in diesel costs caused by the choking of the Strait of Hormuz has forced many Thais to pause or scrap domestic travel plans, fearing such expenses will continue to rise during the... https://www.scmp.com/week-asia/economics/article/3348162/thai-luxury-hotels-offer-huge-discounts-save-tourist-season-battered-iran-war?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3348162/thai-luxury-hotels-offer-huge-discounts-save-tourist-season-battered-iran-war?utm_source=rss_feed Fri, 27 Mar 2026 09:42:29 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose for a second day on Tuesday, tracking Wall Street’s gains, as oil prices steadied after a sharp overnight decline, easing concerns over inflation and geopolitical tensions. The Hang Seng Index added 0.1 per cent to 25,868.54 at the close of trading, after rising as much as 1.6 per cent in the morning. The Hang Seng Tech Index fell 0.1 per cent. On the mainland, the CSI 300 Index lost 0.7 per cent and the Shanghai Composite Index declined 0.9 per cent. E-commerce giant... https://www.scmp.com/business/china-business/article/3346816/hong-kong-stocks-advance-oil-steadies-and-wall-street-rally-fuels-confidence?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346816/hong-kong-stocks-advance-oil-steadies-and-wall-street-rally-fuels-confidence?utm_source=rss_feed Tue, 17 Mar 2026 01:58:50 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Monday, led by technology heavyweights, as improving sentiment towards the sector offset concerns over prolonged tensions in the Middle East, after prominent investor Michael Burry suggested the city’s tech shares may be undervalued. The Hang Seng Index gained 1.5 per cent to 25,834.02 at the close of trading, reversing the 1 per cent loss recorded on Friday. The Hang Seng Tech Index gained 2.7 per cent. On the mainland, the CSI 300 Index added 0.1 per cent and the... https://www.scmp.com/business/china-business/article/3346696/hong-kong-stocks-edge-lower-us-iran-stand-oil-supply-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346696/hong-kong-stocks-edge-lower-us-iran-stand-oil-supply-fears?utm_source=rss_feed Mon, 16 Mar 2026 01:57:31 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday on the first trading day of the Year of the Horse, led by tech heavyweights, with escalating tensions between the US and Iran hurting sentiment. The Hang Seng Index closed 1.1 per cent lower at 26,413.35, after the market reopened following a three-day holiday for the Lunar New Year. The Hang Seng Tech Index dropped 2.9 per cent. Mainland China’s bourses are closed this week and will reopen on Tuesday. E-commerce major Alibaba Group Holding slumped 4.9 per cent to... https://www.scmp.com/business/china-business/article/3344062/hong-kong-stocks-fall-market-reopens-after-3-day-lunar-new-year-holiday?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344062/hong-kong-stocks-fall-market-reopens-after-3-day-lunar-new-year-holiday?utm_source=rss_feed Fri, 20 Feb 2026 02:04:32 +0000 Ralph Jennings Ralph Jennings China’s travel industry is expecting a sharp increase in visitors to Australia during this month’s extended Lunar New Year holiday, as millions of tourists fan out across the world for a nine-day break. Industry insiders said the lure of wine, seafood, nature and flexible small-group itineraries was driving interest in the island country. Australia is projected to attract “the most travellers from China” during the break, with bookings likely to more than double over last year’s total, according... https://www.scmp.com/economy/china-economy/article/3343560/great-barrier-reef-calling-chinese-tourists-make-australia-lunar-new-year-hotspot?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3343560/great-barrier-reef-calling-chinese-tourists-make-australia-lunar-new-year-hotspot?utm_source=rss_feed Sat, 14 Feb 2026 08:00:17 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Thursday after Beijing’s market regulator summoned major online platforms for talks over irregularities in the online sale of train tickets ahead of Lunar New Year, triggering losses among technology heavyweights. The Hang Seng Index dropped 0.9 per cent to 27,032.54 at the close, ending a three-day streak of winning sessions. The Hang Seng Tech Index declined 1.7 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per... https://www.scmp.com/business/markets/article/3343249/hong-kong-stocks-slip-beijing-regulator-summons-tech-firms-train-ticket-complaints?utm_source=rss_feed https://www.scmp.com/business/markets/article/3343249/hong-kong-stocks-slip-beijing-regulator-summons-tech-firms-train-ticket-complaints?utm_source=rss_feed Thu, 12 Feb 2026 01:57:50 +0000 The Korea Times The Korea Times For many South Korean families, traditional holiday gatherings may be getting smaller this Lunar New Year, but suitcases are getting bigger. More than half of flight searches this holiday are for Japan, signalling a sharp shift away from the domestic travel boom that defined the holiday last year. Flight search data from Skyscanner shows Japan accounts for 51.6 per cent of all Lunar New Year holiday queries by South Korean travellers, with Fukuoka leading at 23.3 per cent, followed closely by... https://www.scmp.com/news/asia/east-asia/article/3343178/south-koreans-swap-ancestral-rites-japan-getaways-lunar-new-year?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3343178/south-koreans-swap-ancestral-rites-japan-getaways-lunar-new-year?utm_source=rss_feed Wed, 11 Feb 2026 08:36:19 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Tuesday amid stabilising risk sentiment, but losses in technology shares capped the upside amid market chatter that Chinese authorities may target financial and internet value-added services for tax-rate adjustments. The Hang Seng Index climbed 0.2 per cent to 26,834.77 at the close of trading, after rising as much as 1.3 per cent earlier. The Hang Seng Tech Index fell 1.1 per cent. On the mainland, the CSI 300 Index gained 1.2 per cent and the Shanghai Composite Index... https://www.scmp.com/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain?utm_source=rss_feed Tue, 03 Feb 2026 01:48:07 +0000 Yulu Ao Yulu Ao Hong Kong stocks retreated on Friday, ending a seven-day rally, as investors locked in profits on the final trading day in January after a sharp month-long surge. Investors were also cautious ahead of an announcement on the US Federal Reserve’s next chair. The Hang Seng Index fell 2.1 per cent to 27,387.11 at the close, pulling back from a multi-year high on Thursday. The benchmark climbed 6.8 per cent this month, its strongest performance since September 2025, when it finished 7.1 per cent... https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed Fri, 30 Jan 2026 02:18:48 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday to their highest level in four and a half years as investors expect equities to rally further on the back of robust corporate earnings and a rotation away from US assets amid geopolitical tensions. The Hang Seng Index closed 2.6 per cent higher at 27,826.91, the highest since July 2021. The Hang Seng Tech Index gained 2.5 per cent. On the mainland, both the CSI 300 Index and the Shanghai Composite Index added 0.3 per cent. Lender HSBC Holdings rose 2.2 per cent... https://www.scmp.com/business/china-business/article/3341476/hong-kong-stocks-maintain-momentum-hit-4-year-high?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341476/hong-kong-stocks-maintain-momentum-hit-4-year-high?utm_source=rss_feed Wed, 28 Jan 2026 02:10:49 +0000 Luna Sun Luna Sun From ice castles in Harbin to ski resorts in Xinjiang and glaciers in Sichuan, China’s ice and snow destinations are seeing a sharp rise in foreign arrivals as the winter weather deepens, with visa rules easing and strong Southeast Asian demand driving triple-digit growth in inbound travel. Inbound bookings to China’s winter destinations have climbed close to 100 per cent year on year this season, with growth in Hebei province, the Xinjiang Uygur autonomous region and the Inner Mongolia... https://www.scmp.com/economy/china-economy/article/3339834/foreigners-flock-chinas-ice-and-snow-attractions-130-inbound-tourism-spike?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3339834/foreigners-flock-chinas-ice-and-snow-attractions-130-inbound-tourism-spike?utm_source=rss_feed Sat, 24 Jan 2026 08:00:12 +0000 Ralph Jennings Ralph Jennings Chinese regulators are targeting one of the world’s biggest travel platforms in an anti-monopoly probe after complaints it had hurt travellers and travel operators in China’s expansive tourism market, analysts said. Unlike the broad legal actions against Chinese tech firms and cram schools five years ago, the investigation into Trip.com is seen as a relatively isolated case – yet one that might precipitate others – in response to issues over commissions, exclusivity and the sophisticated use of... https://www.scmp.com/tech/policy/article/3341019/china-probe-tripcom-zeroes-algorithms-prices-after-vendor-backlash-analysts?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3341019/china-probe-tripcom-zeroes-algorithms-prices-after-vendor-backlash-analysts?utm_source=rss_feed Sat, 24 Jan 2026 01:30:15 +0000 Iris Deng Iris Deng Shanghai’s tax authority fined an operating entity of PDD Holdings, the US-listed e-commerce company that runs leading retail platforms Pinduoduo and Temu, citing its failure to comply with local tax requirements, according to a Wednesday report from state news agency Xinhua. Shanghai Xunmeng Information Technology, a PDD subsidiary which operates Pinduoduo, failed to report necessary information concerning its platform operators and employees for the third quarter of 2025, the city’s tax... https://www.scmp.com/economy/china-economy/article/3340679/china-fines-e-commerce-firm-pdd-tax-violations-amid-probe?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3340679/china-fines-e-commerce-firm-pdd-tax-violations-amid-probe?utm_source=rss_feed Wed, 21 Jan 2026 08:15:44 +0000 Coco Feng Coco Feng China has opened an antitrust investigation into Trip.com Group, the country’s largest online travel services provider, weeks before hundreds of millions of people on the mainland go away on holiday during the Lunar New Year break. The State Administration for Market Regulation (SAMR) on Wednesday said the group – operator of namesake platform Trip.com, Skyscanner, Ctrip, Qunar and Dutch site Travix – abused its “dominant market position” and engaged in “monopolistic practices”. The... https://www.scmp.com/tech/policy/article/3339915/beijing-launches-antitrust-investigation-tripcom-ahead-lunar-new-year-break?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3339915/beijing-launches-antitrust-investigation-tripcom-ahead-lunar-new-year-break?utm_source=rss_feed Wed, 14 Jan 2026 13:00:22 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday as investors turned to China’s markets to diversify away from US assets amid rising tensions between the US and Iran. The Hang Seng Index advanced 0.6 per cent to 26,999.81 points at the close of trading after jumping as much as 0.9 per cent to hit 27,097. That added to a 0.9 per cent gain on Tuesday, when the benchmark briefly touched 27,143, its highest since last November. The Hang Seng Tech Index climbed 0.7 per cent. On the mainland, major benchmarks edged... https://www.scmp.com/business/china-business/article/3339802/hong-kong-stocks-edge-higher-investors-hedge-against-middle-east-uncertainty?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3339802/hong-kong-stocks-edge-higher-investors-hedge-against-middle-east-uncertainty?utm_source=rss_feed Wed, 14 Jan 2026 02:15:20 +0000 Ralph Jennings Ralph Jennings Hong Kong-based entrepreneur Chan Shan Shan is a frequent traveller to mainland China. But rather than the usual activities or sightseeing spots that fill the days of most tourists, Chan has something else on her itinerary: horse riding. Over the past five years, Chan, 29, has left Hong Kong to canter across varied terrains in Shenzhen, Dongguan and Zhuhai, all in neighbouring Guangdong province. She has mounted up in Yunnan province and western China’s Xinjiang Uygur autonomous region, as well... https://www.scmp.com/economy/china-economy/article/3338523/travellers-hoof-it-china-horseback-tourism-makes-strides?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3338523/travellers-hoof-it-china-horseback-tourism-makes-strides?utm_source=rss_feed Sat, 03 Jan 2026 13:00:13 +0000 Yulu Ao Yulu Ao Hong Kong stocks made a strong start to 2026 on Friday, as investors bet on economic growth after both the mainland and Hong Kong markets recorded bull runs in 2025. The Hang Seng Index surged 2.8 per cent to 26,338.47 at the close, notching the biggest gain since May 12 and pushing the benchmark to the highest level since November 17. The Hang Seng Tech Index added 3.6 per cent. On the mainland, the markets were closed for public holidays. Leading the advance, search-engine giant Baidu jumped... https://www.scmp.com/business/china-business/article/3338452/hong-kong-stocks-jump-2026-investors-bet-continued-bull-run?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3338452/hong-kong-stocks-jump-2026-investors-bet-continued-bull-run?utm_source=rss_feed Fri, 02 Jan 2026 02:27:35 +0000 Xinmei Shen Xinmei Shen Trip.com has started to allow some overseas users to pay for prepaid hotel and flight bookings with the stablecoins USDT and USDC – also known as Tether and USD Coin – in a sign of growing acceptance of the US dollar-pegged tokens. The online travel group enabled stablecoin payments on October 9, according to a customer service agent, with the option appearing for users in certain regions when they booked prepaid deals through Trip.com’s international platform. The move – which comes even as... https://www.scmp.com/news/china-future-tech/article/3338060/tripcom-tests-stablecoin-payments-overseas-offering-usdt-and-usdc-prepaid-bookings?utm_source=rss_feed https://www.scmp.com/news/china-future-tech/article/3338060/tripcom-tests-stablecoin-payments-overseas-offering-usdt-and-usdc-prepaid-bookings?utm_source=rss_feed Mon, 29 Dec 2025 23:00:09 +0000 Coco Feng Coco Feng Trip.com Group, the biggest online travel agency in China, said on Thursday that its partnership with Cambodia’s tourism authority was suspended, in a move to address the Chinese public’s heightened sensitivity over safety in the Southeast Asian country. The company, which operates the Ctrip and Qunar sites in mainland China, said the collaboration – originally scheduled to run from September 2025 to March 2026 – “had been suspended due to recent safety alerts issued by the Chinese Embassy in... https://www.scmp.com/tech/tech-trends/article/3337714/tripcom-suspends-tourism-partnership-cambodia-amid-border-clashes-cyber-concerns?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3337714/tripcom-suspends-tourism-partnership-cambodia-amid-border-clashes-cyber-concerns?utm_source=rss_feed Thu, 25 Dec 2025 11:00:14 +0000 Wynna Wong Wynna Wong More Hongkongers are travelling over the Christmas holiday period compared with last year, with traditional destinations in Japan remaining popular despite geopolitical tensions and mainland Chinese locations such as Harbin and Yunnan gaining appeal. Some industry insiders said Japan remained popular among Hong Kong travellers despite recent news of earthquakes and a geopolitical row between Beijing and Tokyo, which earlier saw mainland visitors cancelling their trips in droves. Relations... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3337693/japan-still-popular-hong-kong-travellers-over-christmas-harbin-gaining-appeal?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3337693/japan-still-popular-hong-kong-travellers-over-christmas-harbin-gaining-appeal?utm_source=rss_feed Thu, 25 Dec 2025 10:00:13 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday, tracking Wall Street’s rally, as investors grew more confident about earnings growth prospects despite fading expectations for near-term US rate cuts. The Hang Seng Index increased 0.2 per cent to 25,818.93 at the close of trading, erasing the 0.1 per cent loss recorded on Tuesday. The Hang Seng Tech Index climbed 0.4 per cent. On the mainland, the Shanghai Composite Index added 0.5 per cent while the CSI 300 Index lifted 0.3 per cent. Hong Kong’s stock market... https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed Wed, 24 Dec 2025 02:09:51 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rose on Friday, wrapping up a week that notched up moderate gains before a slew of key rate-decision and economic policy meetings in the world’s biggest economies. The Hang Seng Index advanced 0.6 per cent to 26,085.08 at the close, taking the gain for the week to 0.9 per cent. The Hang Seng Tech Index climbed 0.8 per cent. On the mainland, the CSI 300 Index rose 0.8 per cent and the Shanghai Composite Index added 0.7 per cent. Ping An Insurance Group rallied 6.7 per cent to... https://www.scmp.com/business/china-business/article/3335265/hong-kong-stocks-head-weekly-loss-key-rate-decision-meetings-us-japan?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3335265/hong-kong-stocks-head-weekly-loss-key-rate-decision-meetings-us-japan?utm_source=rss_feed Fri, 05 Dec 2025 02:22:51 +0000 Alice Li Alice Li Northern regions across China are introducing “snow breaks” this winter as part of broader efforts to stimulate domestic tourism and spending amid deflationary pressures. Northeastern Jilin province is the latest to announce the initiative, with plans to give primary and secondary school pupils a short holiday from Wednesday to Sunday. The additional days off will not shorten the traditional winter and summer holidays, the local government said. Government agencies, enterprises and public... https://www.scmp.com/economy/china-economy/article/3334792/china-turns-school-snow-breaks-warm-winter-tourism-industry?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3334792/china-turns-school-snow-breaks-warm-winter-tourism-industry?utm_source=rss_feed Tue, 02 Dec 2025 03:00:11 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Monday, led by technology heavyweights, as growing conviction about a US interest-rate cut this month overcame concerns about an artificial-intelligence bubble and a contraction in mainland factory activity. The Hang Seng Index added 0.7 per cent to close at 26,033.26. The Hang Seng Tech Index gained 0.8 per cent. On the mainland, the CSI 300 Index advanced 1.1 per cent and the Shanghai Composite Index rose 0.7 per cent. Among major gainers, e-commerce firm Alibaba Group... https://www.scmp.com/business/china-business/article/3334704/tech-firms-lead-hong-kong-stocks-upwards-rate-cut-month-locked?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3334704/tech-firms-lead-hong-kong-stocks-upwards-rate-cut-month-locked?utm_source=rss_feed Mon, 01 Dec 2025 02:21:14 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday following Wall Street’s retreat as renewed concerns about the artificial intelligence sector and lacklustre US jobs data prompted investors to pull back from riskier assets after a brief Nvidia-led rally. The Hang Seng Index closed 2.4 per cent lower at 25,220.02, taking the loss for the week to 5.1 per cent, the worst since April 11, when US President Donald Trump’s tariff war rattled the market. The Hang Seng Tech Index fell 3.2 per cent. On the mainland, the... https://www.scmp.com/business/china-business/article/3333619/hang-seng-index-set-cap-worst-week-april-ai-bubble-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333619/hang-seng-index-set-cap-worst-week-april-ai-bubble-fears?utm_source=rss_feed Fri, 21 Nov 2025 02:20:54 +0000 Julie Zhang Julie Zhang James Liang, co-founder of Chinese online travel giant Trip.com Group, has launched a HK$500 million (US$64.23 million) foundation in Hong Kong to tackle China’s deepening fertility crisis. Citing Hong Kong’s unique advantages as a global hub that facilitates the exchange of international expertise, he said the city was the ideal springboard for tackling China’s mounting demographic pressures. “The challenge of low fertility rates faced by Hong Kong society is highly representative, and the... https://www.scmp.com/business/china-business/article/3333570/baby-boom-or-bust-tripcom-co-founder-launches-hk500-million-fund-boost-birth-rates?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333570/baby-boom-or-bust-tripcom-co-founder-launches-hk500-million-fund-boost-birth-rates?utm_source=rss_feed Thu, 20 Nov 2025 10:47:29 +0000 Yulu Ao Yulu Ao Hong Kong stocks finished flat on Thursday, paring intraday gains sparked by Nvidia’s better-than-expected earnings that briefly dispelled Wall Street’s concerns about a potential artificial intelligence bubble. The Hang Seng Index closed little changed at 25,835.57. The Hang Seng Tech Index fell 0.6 per cent. On the mainland, the CSI 300 Index declined 0.5 per cent and the Shanghai Composite lost 0.4 per cent. Search-engine giant Baidu rose 2.4 per cent to HK$113.90, while short-video sharing... https://www.scmp.com/business/china-business/article/3333474/hong-kong-stocks-reverse-4-day-slide-nvidia-earnings-lift-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333474/hong-kong-stocks-reverse-4-day-slide-nvidia-earnings-lift-sentiment?utm_source=rss_feed Thu, 20 Nov 2025 02:18:10 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell for a fourth day on Wednesday, with investors taking their cue from Wall Street’s overnight decline amid rising doubts over lofty artificial intelligence valuations and the timing of US rate cuts. The Hang Seng Index dropped 0.4 per cent to 25,830.65 at the close of trading, adding to the 1.7 per cent loss on Tuesday. The Hang Seng Tech Index fell 0.7 per cent. On the mainland, the CSI 300 Index gained 0.4 per cent and the Shanghai Composite rose 0.2 per cent. Among major... https://www.scmp.com/business/china-business/article/3333334/hong-kong-stocks-wobble-lofty-ai-valuations-uncertain-fed-policy-path?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333334/hong-kong-stocks-wobble-lofty-ai-valuations-uncertain-fed-policy-path?utm_source=rss_feed Wed, 19 Nov 2025 02:34:31 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Tuesday, tracking a sell-off on Wall Street as investors reassessed lofty artificial intelligence-related valuations and the outlook for US monetary easing. The Hang Seng Index declined 1.7 per cent to 25,930.03 at close, the biggest drop since October 31. The Hang Seng Tech Index dropped 1.9 per cent. On the mainland, the CSI 300 Index retreated 0.7 per cent and the Shanghai Composite Index shed 0.8 per cent. Tech heavyweights led the retreat. Online games provider... https://www.scmp.com/business/china-business/article/3333182/hong-kong-stocks-extend-decline-amid-wall-street-ai-valuation-concerns-fed-rate-outlook?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333182/hong-kong-stocks-extend-decline-amid-wall-street-ai-valuation-concerns-fed-rate-outlook?utm_source=rss_feed Tue, 18 Nov 2025 02:27:30 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Monday as investors turned cautious ahead of the long-delayed release of key US economic data, with uncertainty over the Federal Reserve’s rate moves and the artificial intelligence bubble narrative also dampening risk appetite. The Hang Seng Index closed 0.7 per cent lower at 26,384.28, adding to the 1.9 per cent loss on Friday. The Hang Seng Tech Index dropped 1 per cent. On the mainland, the CSI 300 Index retreated 0.7 per cent and the Shanghai Composite Index shed... https://www.scmp.com/business/china-business/article/3333025/hong-kong-stocks-fall-us-data-delay-fed-policy-uncertainty-hit-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333025/hong-kong-stocks-fall-us-data-delay-fed-policy-uncertainty-hit-sentiment?utm_source=rss_feed Mon, 17 Nov 2025 02:22:53 +0000 Cao Li Cao Li Singapore’s Temasek Holdings, one of the world’s largest sovereign wealth funds, opened positions in two of China’s leading autonomous driving companies in the third quarter of this year. The state-owned company bought about 1.4 million shares of WeRide and 14,500 shares of Pony.ai in the September quarter, according to its 13F filings released on Friday. The total value of the shares was around US$13.7 million. Temasek has a history of investing in autonomous driving companies. These included... https://www.scmp.com/business/china-business/article/3332916/singapores-temasek-invests-weride-ponyai-boost-china-tech-holdings?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3332916/singapores-temasek-invests-weride-ponyai-boost-china-tech-holdings?utm_source=rss_feed Sat, 15 Nov 2025 07:09:38 +0000 Yulu Ao Yulu Ao Major US fund managers stayed cautious on China in the third quarter, with Oaktree Capital Management rebalancing its exposure to both equities and convertible bonds tied to Chinese firms, while Appaloosa – founded by billionaire investor David Tepper – made selective adjustments. Oaktree Capital, founded by notable investor Howard Marks, sold all of its 1.5 million shares valued at US$26.8 million in KE Holdings, a Chinese online property platform, in the third quarter, according to its latest... https://www.scmp.com/business/china-business/article/3332820/us-funds-tread-carefully-china-oaktree-and-appaloosa-recalibrate-positions?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3332820/us-funds-tread-carefully-china-oaktree-and-appaloosa-recalibrate-positions?utm_source=rss_feed Fri, 14 Nov 2025 23:30:09 +0000 Zhang Shidong,Yulu Ao Zhang Shidong,Yulu Ao Hong Kong stocks on Tuesday extended a loss following a summit that de-escalated China-US tensions as the market reassessed earlier optimism and grew wary of frothy valuations of artificial intelligence-linked shares. The Hang Seng Index fell 0.8 per cent to 25,952.40 at the close, taking the decline to 1.5 per cent since a meeting between Chinese President Xi Jinping and US leader Donald Trump last week. Trading was choppy, with the benchmark wiping out a 0.5 per cent gain on the day triggered... https://www.scmp.com/business/china-business/article/3331410/hong-kong-stocks-advance-amazon-openai-tech-alliance-despite-fed-uncertainty?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3331410/hong-kong-stocks-advance-amazon-openai-tech-alliance-despite-fed-uncertainty?utm_source=rss_feed Tue, 04 Nov 2025 02:32:16 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Monday as US-China trade tensions were soothed after Beijing said it would suspend new export controls on rare earth metals and terminate investigations into US firms in the semiconductor supply chain. The Hang Seng Index closed 1 per cent higher at 26,158.36. The Hang Seng Tech Index added 0.2 per cent. On the mainland, the CSI 300 Index strengthened 0.3 per cent and the Shanghai Composite Index added 0.5 per cent. Leading the gainers, online travel-booking agency... https://www.scmp.com/business/china-business/article/3331270/hong-kong-stocks-rise-trade-agreement-soothes-fears-rare-earths-chips?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3331270/hong-kong-stocks-rise-trade-agreement-soothes-fears-rare-earths-chips?utm_source=rss_feed Mon, 03 Nov 2025 02:21:15 +0000 He Huifeng He Huifeng Cheers erupted inside Xiaomi’s gleaming electric vehicle factory on the outskirts of Beijing when it recently welcomed its 100,000th visitor of the year – a tourist from Nanjing. The milestone, announced on the company’s Weibo account, came after it opened part of its car production facilities to the public in April 2024 – turning a once-secretive factory floor into one of Beijing’s hottest new attractions. Xiaomi now plans to increase public tours to 111 sessions a month in November, the... https://www.scmp.com/economy/china-economy/article/3330718/chinas-robot-powered-factories-turn-hi-tech-production-lines-tourist-hotspots?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3330718/chinas-robot-powered-factories-turn-hi-tech-production-lines-tourist-hotspots?utm_source=rss_feed Wed, 29 Oct 2025 08:00:10 +0000 Ann Cao Ann Cao Huawei Technologies on Wednesday released to consumers in China the latest version of its proprietary operating system, HarmonyOS 6, that enables direct file transfers between Huawei and Apple devices for the first time. HarmonyOS 6, which was initially made available to developers in June, is expected to be found in more than 90 Huawei devices including the Mate 70 and Pura 80 smartphones, according to the company. The updated mobile operating system’s new function, which is similar to Apple’s... https://www.scmp.com/tech/big-tech/article/3329962/huaweis-harmonyos-6-system-supports-direct-file-transfers-apple-devices-first-time?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3329962/huaweis-harmonyos-6-system-supports-direct-file-transfers-apple-devices-first-time?utm_source=rss_feed Thu, 23 Oct 2025 00:00:20 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday, tracking a pause in Wall Street’s rally, driven by growing investor concerns that the artificial intelligence boom has pushed valuations to excessive levels. The Hang Seng Index closed 1.7 per cent lower at 26,290.32, taking its loss for the week to 3.1 per cent, the most since easing 3.5 per cent for the five-day period ended August 1. The Hang Seng Tech Index shed 3.3 per cent. On the mainland, the CSI 300 Index declined 2 per cent and the Shanghai Composite... https://www.scmp.com/business/china-business/article/3328459/hong-kong-stocks-mirror-wall-street-drop-ai-bubble-fears-grow-excessive-valuations?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3328459/hong-kong-stocks-mirror-wall-street-drop-ai-bubble-fears-grow-excessive-valuations?utm_source=rss_feed Fri, 10 Oct 2025 02:29:21 +0000 Yulu Ao Yulu Ao Hong Kong stocks fluctuated on Thursday, as weak holiday spending in mainland China fanned concerns over consumption, while investors awaited policy signals from the Communist Party’s key meeting this month that will chart the nation’s next five-year plan. The Hang Seng Index eventually closed 0.3 per cent lower at 26,752.59, after dropping as much as 1.3 per cent earlier. The Hang Seng Tech Index lost 0.7 per cent. Markets on the mainland reopened on Thursday after the “golden week” break, with... https://www.scmp.com/business/china-business/article/3328300/hong-kong-stocks-fall-disappointing-golden-week-retail-sales-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3328300/hong-kong-stocks-fall-disappointing-golden-week-retail-sales-china?utm_source=rss_feed Thu, 09 Oct 2025 02:21:06 +0000 Leopold Chen Leopold Chen The annual Hong Kong Wine and Dine Festival in late October will see the return of a designated area for premium wine and a pop-up restaurant with Michelin-star chefs for the first time in seven years. This year’s event, organised by the Hong Kong Tourism Board, will also be extended by an hour to midnight for the first time. “We have made the unprecedented move of extending the event hours, enabling visitors to have more fun,” board chairman Peter Lam Kin-ngok said on Monday. The festival will... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327256/michelin-chefs-premium-pavilion-return-hong-kong-wine-and-dine-festival?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327256/michelin-chefs-premium-pavilion-return-hong-kong-wine-and-dine-festival?utm_source=rss_feed Mon, 29 Sep 2025 10:21:27 +0000 Wynna Wong,Matthew Cheng,Oscar Liu Wynna Wong,Matthew Cheng,Oscar Liu Hong Kong can expect 1.5 million mainland Chinese visitors over the National Day “golden week” break, a 10 per cent rise from last year, a tourism industry leader has said, with the city set to offer celebratory discounts, ranging from transport to movie tickets, for the occasion. The anticipated uptick could see the city once again return to peak levels recorded in 2018, when the tally reached 1.52 million. Tommy Tam Kwong-shun, chairman of the Travel Industry Council, also said on Tuesday that... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325754/hong-kong-welcome-15-million-mainland-chinese-visitors-national-day-break?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325754/hong-kong-welcome-15-million-mainland-chinese-visitors-national-day-break?utm_source=rss_feed Tue, 16 Sep 2025 11:28:33 +0000 Yulu Ao Yulu Ao Hong Kong stocks traded near a four-year high on Tuesday as investors looked for clues on the pace of interest-rate cuts while US President Donald Trump said he would speak with Chinese President Xi Jinping on Friday and the two countries reached an agreement to keep TikTok operating in the US. The Hang Seng Index retreated less than 0.1 per cent to 26,438.51 at the close, after jumping as much as 0.6 per cent earlier, ending the day just shy of Monday’s four-year high. The Hang Seng Tech Index... https://www.scmp.com/business/china-business/article/3325656/hong-kong-stocks-follow-wall-street-rise-us-china-report-tiktok-agreement?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3325656/hong-kong-stocks-follow-wall-street-rise-us-china-report-tiktok-agreement?utm_source=rss_feed Tue, 16 Sep 2025 02:09:50 +0000 SCMP Sport SCMP Sport The Longines Hong Kong International Horse Show is coming back for a second year, with some of the world’s best riders bringing their skills to the city in January. Alongside three days of top showjumping and the return of the popular Shetland Pony Grand National, a new dog agility display will take place at the AsiaWorld-Expo. And with the Year of the Horse starting soon after, organiser Clarion Events Asia plans to debut the Hong Kong Jockey Club Asian Youth Challenge, allowing young... https://www.scmp.com/sport/hong-kong/article/3325065/worlds-best-riders-return-longines-hong-kong-international-horse-show?utm_source=rss_feed https://www.scmp.com/sport/hong-kong/article/3325065/worlds-best-riders-return-longines-hong-kong-international-horse-show?utm_source=rss_feed Wed, 10 Sep 2025 11:00:18 +0000 Cannix Yau Cannix Yau Hong Kong airport has rolled out a free tour service aimed at attracting 5.5 million transit passengers each year to explore the city’s attractions in Wong Tai Sin, Sham Shui Po and Tsim Sha Tsui. Airport Authority CEO Vivian Cheung Kar-fay said on Friday that the new initiative, jointly organised with online travel agency Trip.com, was designed for passengers with layovers of more than seven hours to explore Hong Kong’s culture and attractions. “We are thrilled to introduce the free layover... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3324514/hong-kong-airport-offers-free-tours-transit-passengers-enjoy-citys-attractions?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3324514/hong-kong-airport-offers-free-tours-transit-passengers-enjoy-citys-attractions?utm_source=rss_feed Fri, 05 Sep 2025 10:17:48 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks rebounded following three days of declines, as investors prepared for a busy day of earnings reports and expected higher profits from major Chinese companies like Alibaba Group Holding and Industrial and Commercial Bank of China (ICBC). On Friday, the Hang Seng Index closed 0.3 per cent higher at 25,077.62, ending the month with a 1.2 per cent gain despite losses accumulated over the past three days. It was also the benchmark’s fourth consecutive monthly gain. The Hang Seng Tech... https://www.scmp.com/business/markets/article/3323570/hong-kong-stocks-rise-ahead-earnings-reports-heavyweights-alibaba-and-icbc?utm_source=rss_feed https://www.scmp.com/business/markets/article/3323570/hong-kong-stocks-rise-ahead-earnings-reports-heavyweights-alibaba-and-icbc?utm_source=rss_feed Fri, 29 Aug 2025 02:26:20 +0000 Yulu Ao Yulu Ao The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter, marking a decisive retreat from the market as geopolitical tensions and shifting investor sentiment clouded the outlook for the world’s second-largest economy. The fund exited positions in 16 Chinese stocks, which were worth US$1.41 billion in total, according to its 13F filing with the US Securities and Exchange Commission on Wednesday. This included e-commerce... https://www.scmp.com/business/china-business/article/3321860/bridgewater-dumps-all-china-stocks-hedge-fund-retreats-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3321860/bridgewater-dumps-all-china-stocks-hedge-fund-retreats-market?utm_source=rss_feed Thu, 14 Aug 2025 08:44:22 +0000 Zhang Shidong Zhang Shidong Stock trading in Hong Kong was subdued on Monday ahead of the expiry of the US-China tariff deadline and earnings from China’s biggest technology companies. The Hang Seng Index fluctuated between gains and losses, before closing 0.2 per cent higher at 24,906.81. The Hang Seng Tech Index finished almost unchanged. On the mainland, the CSI 300 Index and the Shanghai Composite Index gained at least 0.3 per cent. BYD Electronic International jumped 6.2 per cent to HK$38.68 and Xinyi Solar Holdings... https://www.scmp.com/business/china-business/article/3321400/hong-kong-stocks-dip-us-china-tariff-deadline-and-alibaba-tencent-results?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3321400/hong-kong-stocks-dip-us-china-tariff-deadline-and-alibaba-tencent-results?utm_source=rss_feed Mon, 11 Aug 2025 02:44:08 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell for the first time in five days on Wednesday, relinquishing earlier gains fuelled by the planned resumption of some Nvidia chip sales to China, as concerns lingered over US-China tensions. The Hang Seng Index closed 0.3 per cent lower at 24,517.76 after jumping as much as 1.1 per cent to a four-month high. The Hang Seng Tech Index lost 0.2 per cent after rising as much as 1.8 per cent. On the mainland, the CSI 300 Index was down 0.3 per cent while the Shanghai Composite... https://www.scmp.com/business/china-business/article/3318368/hong-kong-stocks-power-nvidia-resuming-chip-sales-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3318368/hong-kong-stocks-power-nvidia-resuming-chip-sales-china?utm_source=rss_feed Wed, 16 Jul 2025 02:36:46 +0000 Mia Nulimaimaiti Mia Nulimaimaiti Major Chinese cities have reported a surge in purchases of tax-refundable goods by foreign tourists in recent months, as new duty-free rules designed to boost tourism spending begin to pay off. China has introduced a string of measures to make it easier for international tourists to buy goods duty-free in recent months, with visitors now often able to claim sales tax refunds immediately in stores rather than having to queue at the airport. The scheme is part of China’s broader drive to attract... https://www.scmp.com/economy/china-economy/article/3317706/china-sees-surge-sales-duty-free-goods-amid-inbound-tourism-boom?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3317706/china-sees-surge-sales-duty-free-goods-amid-inbound-tourism-boom?utm_source=rss_feed Thu, 10 Jul 2025 08:46:51 +0000 Zhang Shidong Zhang Shidong Chinese artificial intelligence (AI) stocks are expected to defy a slowdown across industries, as the mainland relies on the technology to boost business efficiency and revive economic growth, according to investors and analysts. Companies including Meituan and Xiaomi were set to benefit from a wave of AI integration that would transform business models, according to Morgan Stanley, as investors look for new winners after DeepSeek’s breakthrough in generative AI technology. China Asset... https://www.scmp.com/business/china-business/article/3317550/chinese-ai-stocks-extend-deepseek-driven-run-beijing-counts-growth-boost?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3317550/chinese-ai-stocks-extend-deepseek-driven-run-beijing-counts-growth-boost?utm_source=rss_feed Wed, 09 Jul 2025 23:30:07 +0000