Hong Kong's border with mainland China. Photo: SCMP

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Hong Kong and mainland China border reopeningi

Latest news and updates on the reopening of the border between Hong Kong and mainland China amid the coronavirus pandemic.

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  • Beijing expands scheme allowing tourists from mainland Chinese cities to visit Hong Kong individually, with Urumqi in Xinjiang and Lhasa in Tibet among those added
  • Tourism sector heads call move ‘big gift’ with second expansion in three months reflecting Beijing’s ‘full support and confidence’ in city
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The 99-room The Opposite House, the group’s first hotel, will close after 16 years to make way for an ‘innovative retail landmark’ in the Taikoo Li Sanlitun area.

UK insurer Prudential reported a strong set of results for 2023 driven by higher sales to mainland Chinese visitors as they returned to Hong Kong for better life policies and investment returns.

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AIA Group’s new sales in Hong Kong and mainland China continued to grow in the first two months of the year, indicating strong momentum from last year is carrying over in its two major markets, according to its top boss.

The number of events in the second half of 2023 hit 84 per cent of the pre-pandemic level and is on track to match it this year, top executive says.

Policy sales have been boosted by the reopening of the mainland border, a weakening yuan and the interest rate gap between China and the United States, the Insurance Authority says.

John Lee praises ‘very smooth’ talks with mainland China, announces Shenzhen Bay checkpoint to operate 24 hours and Lo Wu to stay open until 2am during Lunar New Year holiday.

Tourism sector figures say hotels can handle more overnight visitors and authorities should update Individual Visit Scheme, which has not added cities since 2007.

Sales of policies to mainland visitors hit HK$46.8 billion (US$6 billion) in the nine months to September, compared with HK$1 billion a year ago, according to data from the Insurance Authority.

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Tourism chief Kevin Yeung says 38,981 tour groups from mainland visited between January 1 and November 15 this year, with city recording growth every month.

Hong Kong’s tourist hotspot of Tsim Sha Tsui retained its ranking as the most expensive retail destination in Asia-Pacific, but slipped to third place globally, according to a survey by Cushman & Wakefield.

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Hongkongers heading north say crossing is more convenient after mainland authorities scrap mandatory health declaration introduced during Covid-19 pandemic.

Tourism minister Kevin Yeung says change unlikely to affect flows over border, but catering, retail leaders say more needs to done to ensure residents spend at home.