Hong Kong’s Langham group among first to invest in Beijing’s ‘city of the future’ Xiongan

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A hotel operator’s planned entry into Xiongan New Area southwest of Beijing highlights a tentative but growing alignment between Hong Kong’s private sector and the state-backed development project, as leaders renew efforts to accelerate the zone’s transformation into a hi-tech growth hub. Hong Kong-based Langham Hospitality Group, a wholly owned subsidiary of Great Eagle Holdings, said on Thursday that it had signed...