This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story There’s nothing quite like the holiday rush in China for the Lunar New Year. The Beijing city streets start emptying out several days in advance…
Hong Kong cable car attraction Ngong Ping 360 maintained steady revenue over the past year with a 20 per cent retail and dining surge helping to offset stagnant ticket sales for rides. The operator also said on Tuesday that it would introduce night rides for the first time to headline its 20th anniversary celebrations. Ngong…
Hong Kong needs to consider widening the Stock Connect schemes and step up promotion in Southeast Asia and the Middle East to attract more international firms to list in the city, according to a government think tank. Rocky Tung Yat-ngok, newly appointed executive director of the Financial Services Development Council, said that while Hong Kong…
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, said executive director Maureen Fung Sau-yim resigned with immediate effect on Tuesday due to health issues, according to a stock exchange filing. “Ms Fung has confirmed that she has no disagreement with the board of the company and that she is not aware…
A number of mainland-based suppliers of memory chips and storage solutions are pursuing share listings in Hong Kong, signalling a strategic change in how the sector aims to fuel its global ambitions, according to analysts. The most watched firm is Shanghai-based Montage Technology, a designer of high-speed interconnect chips for data centres, which is taking…
Hong Kong’s tourism sector is bracing for a 6 per cent rise in mainland Chinese visitors during the Lunar New Year holiday, as travel to the city regains momentum. Tickets for high-speed trains from major mainland cities to Hong Kong have been selling fast in the days leading up to the festive period – an…
Published on January 31, 2026 Air travel between Kazakhstan and China is set to broaden in 2026 as Air Astana prepares to introduce a new scheduled service linking Almaty with Shanghai. The route is scheduled to begin operations toward the end of March 2026, adding another destination to the airline’s existing China network and creating…
Hong Kong developer Hang Lung Properties is pinning its medium-term outlook on a recovery in mainland Chinese consumption, even as it warned that both the city’s and China’s property markets remain under strain. The commercial landlord, residential developer and hotel owner said it expected a “tough slog” for the broader sector despite signs of improvement…
Hong Kong has struck a deal with the Shanghai Gold Exchange (SGE) to deepen cross-border connectivity in bullion trading, as the city steps up efforts to build a broader gold ecosystem spanning trading, clearing and storage. The agreement comes as gold prices hit a record high of US$5,110 per ounce on Tuesday morning, buoyed by…
The number of foreign and mainland Chinese companies and start-ups in Hong Kong surged by 11 per cent year on year to record highs, the city’s leader has said. At the 19th Asian Financial Forum on Monday, Chief Executive John Lee Ka-chiu highlighted Hong Kong’s “unprecedented achievements” as he announced a cooperation agreement to establish…