https://www-scmp-com.libproxy1.nus.edu.sg/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-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Sylvia Ma,Ralph Jennings Sylvia Ma,Ralph Jennings China’s National Day holiday saw travel remain broadly stable as the break – an extended length of time compared with 2025 – supported longer-distance trips, though cinema cooled sharply, offering mixed signals on efforts to revive consumer spending. Over the seven-day break, which ended on Wednesday, China recorded 2.142 billion cross-regional passenger trips, averaging 306 million a day, up 0.7 per cent year on year, according to the Ministry of Transport, as reported by state broadcaster CCTV... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370156/chinas-national-day-holiday-sees-uptick-longer-trips-overseas-travel?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370156/chinas-national-day-holiday-sees-uptick-longer-trips-overseas-travel?utm_source=rss_feed Thu, 08 Oct 2026 07:01:14 +0000 Ralph Jennings Ralph Jennings A three-day public holiday used to be a big deal in China. Then came “golden weeks”, which would sometimes stretch to nine days, sending millions of people in search of new sights across the country and further afield. Now an alignment of the Mid-Autumn Festival and the National Day holiday will give many Chinese students and office workers up to a record 13-day break, potentially pushing tourist traffic to new heights. “The more interesting change this year is not simply higher volume, but the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3368623/skydiving-whale-watching-and-burst-bookings-holidays-extend-millions-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3368623/skydiving-whale-watching-and-burst-bookings-holidays-extend-millions-china?utm_source=rss_feed Thu, 24 Sep 2026 07:33:29 +0000 Mia Nurmamat Mia Nurmamat Chinese online travel platform Trip.com has launched a space-flight package priced from 5.1 million yuan (US$759,900), compared with Virgin Galactic’s publicly announced ticket price of US$750,000. The six-day trip includes several days of preflight training followed by a 90-minute suborbital flight operated by US-based provider Virgin Galactic, which departs from Spaceport America, near Truth or Consequences, New Mexico. The first four days are devoted to preparation and training, with the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3367720/chinese-travel-platform-sparks-debate-us760000-space-flight-package?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3367720/chinese-travel-platform-sparks-debate-us760000-space-flight-package?utm_source=rss_feed Wed, 16 Sep 2026 11:30:05 +0000 Mandy Zuo Mandy Zuo Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken. The government should learn from the examples of Singapore and South Korea – two nearby countries facing similarly severe demographic challenges, which have both introduced enhanced pronatalist policies to turn around the situation, they added. Beijing... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3365606/china-needs-600-child-subsidy-rise-prevent-deeper-birth-crisis-scholars?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3365606/china-needs-600-child-subsidy-rise-prevent-deeper-birth-crisis-scholars?utm_source=rss_feed Sat, 29 Aug 2026 02:00:09 +0000 Eric Jiang Eric Jiang American pop star Bruno Mars will return to Hong Kong for the first time in nearly a decade to play four shows at Kai Tak Stadium in May 2027 as part of an expanded Asian leg of his “The Romantic Tour”. The Grammy-winning singer-songwriter would perform in Hong Kong on May 7, 8, 11 and 12, with other Asian dates planned in Singapore, Japan, Thailand and elsewhere, organiser Live Nation announced on Thursday. The concerts will be Mars’ first in Hong Kong since his 24K Magic World Tour shows at... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3365408/bruno-mars-play-4-shows-hong-kong-next-may-returning-after-nearly-decade?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3365408/bruno-mars-play-4-shows-hong-kong-next-may-returning-after-nearly-decade?utm_source=rss_feed Thu, 27 Aug 2026 04:48:48 +0000 Ben Jiang Ben Jiang While China’s new “AI tigers” have captured global attention for challenging Silicon Valley front-runners, a quieter wave of domestic technology companies is building in-house artificial intelligence systems serving everyday users. Beyond pure-play AI labs like DeepSeek, Z.ai (also known as Zhipu AI), Moonshot AI and MiniMax, consumer-facing platforms that span e-commerce, video gaming, social media and travel are developing foundation models tailored to their own business ecosystems, in efforts... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364972/chinas-overlooked-internet-army-quietly-embedding-ai-everyday-businesses?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364972/chinas-overlooked-internet-army-quietly-embedding-ai-everyday-businesses?utm_source=rss_feed Sun, 23 Aug 2026 11:00:06 +0000 Yulu Ao Yulu Ao Some of Wall Street’s best-known billionaire investors are reshuffling their bets on Chinese technology stocks amid the artificial-intelligence boom, with Stanley Druckenmiller returning to the market for the first time in more than two years with a stake in Baidu. Druckenmiller, an investor known for his decades-long track record of outsized returns, bought 88,200 of Baidu’s American depositary receipts (ADRs) – US-traded securities that represent shares in the Chinese company – through his... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3364358/several-us-billionaire-investors-reshuffle-their-chinese-technology-stocks-amid-ai-boom?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3364358/several-us-billionaire-investors-reshuffle-their-chinese-technology-stocks-amid-ai-boom?utm_source=rss_feed Tue, 18 Aug 2026 03:00:17 +0000 SCMP Editorial SCMP Editorial China’s regulators have fired a new salvo in the war on “involution” by imposing a whopping 5.2 billion yuan (US$765 million) fine on Trip.com Group, the nation’s largest online travel services provider, for monopolistic practices. The term “involution” refers to self-defeating cutthroat price wars and competition among rival businesses due to overproduction or competition, often for tiny gains in market share. Beijing is right to target such fiercely competitive sectors because involution... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3362212/beijings-latest-salvo-war-involution-warranted?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/opinion/comment/article/3362212/beijings-latest-salvo-war-involution-warranted?utm_source=rss_feed Wed, 29 Jul 2026 22:45:05 +0000 Agence France-Presse Agence France-Presse European holidaymakers worn down by recurrent heatwaves are currently snubbing Mediterranean destinations for northern climes in hopes of cooler temperatures, but it remains to be seen whether it is just a fad or a durable shift in the tourism market. With temperatures in the European summer regularly climbing up towards 40 degrees Celsius (100 degrees Fahrenheit), cool has become cool. This year, visitors “have been telling me that they have escaped the heat in southern parts of Europe”, said... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/europe/article/3361871/european-heatwaves-drive-summer-tourists-cooler-north?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/world/europe/article/3361871/european-heatwaves-drive-summer-tourists-cooler-north?utm_source=rss_feed Sun, 26 Jul 2026 04:54:09 +0000 Wency Chen,Peggy Ye Wency Chen,Peggy Ye China’s market regulator has imposed a 5.2 billion yuan (US$765 million) penalty on Trip.com Group, the country’s largest online travel services provider, for “monopolistic conduct”. Trip.com – operator of its namesake international platform, China-focused siblings Ctrip and Qunar, and global site Skyscanner – had “abused its dominant market position”, the State Administration for Market Regulation (SAMR) said on Saturday. The penalty includes the confiscation of 1.658 billion yuan in illegal... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3361818/china-hits-tripcom-us765-million-antitrust-penalty-after-six-month-investigation?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3361818/china-hits-tripcom-us765-million-antitrust-penalty-after-six-month-investigation?utm_source=rss_feed Sat, 25 Jul 2026 02:32:54 +0000 Coco Feng Coco Feng China’s market regulator is poised to announce the outcome of its months-long antitrust investigation into Trip.com Group, the country’s largest online travel services provider, as soon as this week, according to three people familiar with the matter. The probes, launched in January by the State Administration for Market Regulation (SAMR), could be concluded as early as Monday, one of the people said. The company could face a fine of between 2 billion yuan (US$295 million) and 6 billion yuan,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3361157/tripcom-faces-verdict-china-wrap-antitrust-probes-soon-week-sources?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3361157/tripcom-faces-verdict-china-wrap-antitrust-probes-soon-week-sources?utm_source=rss_feed Mon, 20 Jul 2026 05:00:11 +0000 June Xia,Ralph Jennings June Xia,Ralph Jennings Nikolas Karageorge has mapped out a tour of China that starts in Shanghai and Beijing before heading deep inland – venturing well beyond the typical tourist trail. “ It’s an ambitious itinerary, I know!” said the 37-year-old resident of Melbourne, Australia, about his path through Chengdu, Chongqing, Zhangjiajie, Guizhou, Guilin and finally Guangzhou. “I’ve heard China is very safe and easy to travel around so this is a great opportunity, as Australians currently have 30 days of visa-free... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3359034/visa-free-dividends-china-drawing-boom-foreign-visitors-summer?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3359034/visa-free-dividends-china-drawing-boom-foreign-visitors-summer?utm_source=rss_feed Wed, 01 Jul 2026 12:00:06 +0000 Richard Chen Richard Chen Trip.com Group, China’s largest online travel agency, says it expects second-quarter revenue growth to be the slowest in more than three years and warns of a “significant fine” from an ongoing antitrust probe by the country’s top market regulator. The company reported on Thursday that first-quarter revenue rose 17 per cent to 16.2 billion yuan (US$2.4 billion), but forecast growth of 3 to 8 per cent in the second quarter, the weakest since late 2022. Profit for the March quarter dropped almost... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3358354/chinas-tripcom-faces-revenue-slowdown-warns-significant-fine-antitrust-probe?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3358354/chinas-tripcom-faces-revenue-slowdown-warns-significant-fine-antitrust-probe?utm_source=rss_feed Thu, 25 Jun 2026 11:30:05 +0000 Reuters Reuters Greg ⁠Abbott is planning his summer holiday with half an eye on the ⁠Iran war. He intends to stay closer to home in Europe and is lining up a plan B, wary of rising air fares and cancellations. The 54-year-old Britain-based Australian is planning a cycling trip with friends in Austria, a festival in Barcelona, Spain, and possibly a yoga retreat in France. But he does not want to go too far and is keeping travel options open. “We’ll almost certainly be doing short-haul Europe, and almost... https://www-scmp-com.libproxy1.nus.edu.sg/lifestyle/travel-leisure/article/3353353/hong-kong-london-why-travellers-have-plan-b-lined-summer-2026?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/lifestyle/travel-leisure/article/3353353/hong-kong-london-why-travellers-have-plan-b-lined-summer-2026?utm_source=rss_feed Thu, 14 May 2026 11:15:04 +0000 Wynna Wong Wynna Wong Canadian singer-songwriter The Weeknd will perform two concerts at Hong Kong’s Kai Tak Stadium in October as part of the final leg of his “After Hours Til Dawn” world tour, confirming an earlier report by the South China Morning Post. The announcement coincides with K-pop act Babymonster’s reveal on Monday that the girl group will perform in the city on January 9 next year at AsiaWorld-Arena, marking the final leg of a regional tour. The Weeknd revealed on Monday that his Hong Kong shows would... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3353119/weeknd-stage-2-hong-kong-concerts-october-kai-tak-stadium?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3353119/weeknd-stage-2-hong-kong-concerts-october-kai-tak-stadium?utm_source=rss_feed Mon, 11 May 2026 06:59:41 +0000 Ralph Jennings Ralph Jennings One of the world’s largest online travel agencies expects to attract 200 million visitor arrivals to China over the next five years, helping to boost economic growth and reduce the country’s services trade deficit, according to domestic media reports. James Liang, board chairman of online travel agency Trip.com, said the projected influx would help turn China into the world’s top tourism destination, according to reports published on Wednesday. He was quoted as saying that inbound tourism could... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3352025/tripcom-aims-bring-200-million-tourists-china-over-5-years-buoying-gdp-growth?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3352025/tripcom-aims-bring-200-million-tourists-china-over-5-years-buoying-gdp-growth?utm_source=rss_feed Fri, 01 May 2026 00:00:17 +0000 Resty Woro Yuniar Resty Woro Yuniar Indonesia’s push to bring thousands of unlicensed tourist stays into the legal fold is running into a familiar administrative obstacle in Bali, with operators saying the government wants faster compliance than the bureaucracy could allow. In December, the Ministry of Tourism said unlicensed accommodation providers in Bali, Yogyakarta, West Nusa Tenggara and West Java had until March 31 to register their hotels, guest houses, villas and homestays, in a move meant to improve service quality,... https://www-scmp-com.libproxy1.nus.edu.sg/week-asia/lifestyle-culture/article/3350328/indonesias-bali-wants-illegal-rentals-be-legitimate-operators-flag-red-tape?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/week-asia/lifestyle-culture/article/3350328/indonesias-bali-wants-illegal-rentals-be-legitimate-operators-flag-red-tape?utm_source=rss_feed Thu, 16 Apr 2026 09:48:22 +0000 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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3346696/hong-kong-stocks-edge-lower-us-iran-stand-oil-supply-fears?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/markets/article/3343249/hong-kong-stocks-slip-beijing-regulator-summons-tech-firms-train-ticket-complaints?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/news/asia/east-asia/article/3343178/south-koreans-swap-ancestral-rites-japan-getaways-lunar-new-year?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3342166/hong-kong-stocks-rise-easing-geopolitical-tensions-precious-metals-gain?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3341476/hong-kong-stocks-maintain-momentum-hit-4-year-high?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/economy/china-economy/article/3339834/foreigners-flock-chinas-ice-and-snow-attractions-130-inbound-tourism-spike?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/tech/policy/article/3341019/china-probe-tripcom-zeroes-algorithms-prices-after-vendor-backlash-analysts?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/economy/china-economy/article/3340679/china-fines-e-commerce-firm-pdd-tax-violations-amid-probe?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/tech/policy/article/3339915/beijing-launches-antitrust-investigation-tripcom-ahead-lunar-new-year-break?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3339802/hong-kong-stocks-edge-higher-investors-hedge-against-middle-east-uncertainty?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/economy/china-economy/article/3338523/travellers-hoof-it-china-horseback-tourism-makes-strides?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3338452/hong-kong-stocks-jump-2026-investors-bet-continued-bull-run?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/tech/tech-trends/article/3337714/tripcom-suspends-tourism-partnership-cambodia-amid-border-clashes-cyber-concerns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/economy/china-economy/article/3334792/china-turns-school-snow-breaks-warm-winter-tourism-industry?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3334704/tech-firms-lead-hong-kong-stocks-upwards-rate-cut-month-locked?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3333619/hang-seng-index-set-cap-worst-week-april-ai-bubble-fears?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3333474/hong-kong-stocks-reverse-4-day-slide-nvidia-earnings-lift-sentiment?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3333334/hong-kong-stocks-wobble-lofty-ai-valuations-uncertain-fed-policy-path?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3332916/singapores-temasek-invests-weride-ponyai-boost-china-tech-holdings?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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.libproxy1.nus.edu.sg/business/china-business/article/3332820/us-funds-tread-carefully-china-oaktree-and-appaloosa-recalibrate-positions?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/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