Hong Kong's aviation industry faces growing pressure from China's expanding bullet train network. High-speed rail offers faster, cheaper, and more convenient alternatives for regional travel, especially on routes under 1,000 km, such as Hong Kong to mainland cities like Shenzhen or Guangzhou. Bullet trains bypass airport delays, lengthy security checks, and are better connected to city centers. As China continues to invest in and expand its high-speed rail, Hong Kong's aviation sector, particularly for short-haul flights, could see reduced demand, leading to shrinking revenues and diminished growth prospects.
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