SHANGHAI (Reuters) -China stocks closed at an eight-month high on Tuesday, while Hong Kong shares extended gains to a multi-year peak, driven by construction and power firms after work began on a major dam project in Tibet, billed as the world's largest.

A shortage of rockets and competition for launch resources appear to be putting the mega-constellation's targets in doubt A Chinese mega-constellation of communications satellites is facing serious delays that could jeopardise its ambitions to compete with SpaceX's Starlink for valuable orbital resources.

China has declined to comment on the alleged exit ban, saying only that it handles all cases according to the law.

Eager to revive the economy, Beijing is turning to attractions like Lego and Harry Potter to increase tourism.

Weeks after his country was battered by waves of Israeli strikes and the US bombed three of its prized nuclear facilities, Iran’s foreign minister came to a gathering of regional diplomats in China this week with a simple ask.

A Wells Fargo banker and a U.S. government employee were blocked from leaving, and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.

The case is currently under investigation and the Wells Fargo employee is obliged to cooperate, China’s foreign ministry said Monday.

Nvidia CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status in the country, where fans mingled freely with the AI titan on the streets of the capital.

China attempted a diplomatic thaw with India, but it was stymied by arms sales to Pakistan and disagreements over terrorism at the Shanghai Cooperation Organization’s leadership

Asian shares turned in a mixed performance on Tuesday as trade tensions persisted and investors waited for clues on how companies are withstanding tariffs.

The 2025 Rolex Shanghai Masters, a top ATP Masters 1000 tennis event in China, will kick off at the Shanghai Qizhong Tennis Center from Sept 29 to Oct 12, spanning China's National Day and Mid-Autumn Festival period. Tickets for the two-week event went on sale via the Jiushi sports app and WeChat and Alipay mini programs on Monday.