Hotels, Resorts and Cruise Lines(IN30221.SG)

Last Updated 07:30:00 SGT
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Hotels, Resorts and Cruise Lines
IN30221.SG
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Chinese stocks decline for third day after regulators move to cool rally

Chinese stocks fell for the third consecutive day as regulators tightened margin requirements to curb speculative trading. The Shanghai Composite Index dropped 0.3%, while the Hang Seng Index also declined by 0.3%. Analysts expect near-term volatility, particularly in tech sectors, but believe the impact will be manageable. The CSI Satellite Industry Index plummeted 7.6% due to warnings of excessive trading risks. In Hong Kong, Trip.com shares fell 21.7% amid an antitrust investigation, raising concerns about potential government oversight and fines.

Reuters·
SG
HTGD
-19.59%
HK
09961
-19.23%
US
TCOM
-2.36%
Reuters·
SG
HTGD
-19.59%
HK
09961
-19.23%
US
TCOM
-2.36%

Hang Seng Turns Early Gains to End Lower

The Hang Seng Index fell 76 points, or 0.3%, to close at 26,924, marking its first decline in five sessions. The drop was influenced by a third consecutive day of losses in mainland stocks and tightening margin requirements by Chinese regulators. Notable declines were seen in tech and consumer shares, with Trip.com plunging 18.7% due to an antitrust probe, while Alibaba Hong Kong slipped 2.1%. Overall, risk appetite diminished following losses on Wall Street and ahead of key economic data next week.

Trading Economics·
US
TCOM
-2.36%
HK
09961
-19.23%
SG
HTGD
-19.59%
Trading Economics·
US
TCOM
-2.36%
HK
09961
-19.23%
SG
HTGD
-19.59%

Banyan Group surpasses milestone of 100 resorts, plans for continued growth and impact in 2026.

In the wake of a significant period of advancement and influence, the Group is embarking on the new year with a clear commitment to expanding its operations with a focus on sustainable travel. Based in Singapore, on January 15, 2026, Banyan Group, also known as Banyan Tree Holdings Limited and identified under the stock symbol SGX: B58, a prominent worldwide hospitality entity, is gearing up for purposeful growth and promoting regenerative tourism efforts.

Unusual Whales·
SG
B58
0.00%
Unusual Whales·
SG
B58
0.00%

00:12 ET Banyan Group Highlights New Chapter of Growth in 2026 Following its Landmark 100-Resort Milestone

Banyan Group, an independent global hospitality company, enters 2026 after achieving a significant milestone of 100 resorts. The Group plans purposeful expansion into new markets, including Africa and the Caribbean, while enhancing guest experiences through wellbeing-led initiatives. Key openings include Ubuyu in Tanzania, Angsana Cap Cana in the Dominican Republic, and Banyan Tree Guangzhou Jiulong Lake in China. The Group aims to deepen its commitment to responsible travel and community value creation, following a successful year marked by the grand opening of its 100th resort in Singapore.

prnewswire·
SG
B58
0.00%
prnewswire·
SG
B58
0.00%

China wields a steadier blade over tech giants

China's State Administration for Market Regulation has initiated an investigation into Trip.com for alleged monopolistic behavior, resulting in a 17% drop in the company's New York shares, erasing $8 billion in value. Trip.com stated it is cooperating with the investigation and will comply with regulatory requirements.

Reuters·
SG
HTGD
-19.59%
HK
09961
-19.23%
US
TCOM
-2.36%
Reuters·
SG
HTGD
-19.59%
HK
09961
-19.23%
US
TCOM
-2.36%
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$Trip.com(TCOM.US) $TRIP.COM-S(09961.HK) Here's what happened:

Trip.com is under investigation by China's State Administration for Market Regulation over potential monopoly practices. The company has ...

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