According to media reports, the American financial television network CNBC is closing its Hong Kong branch and cancelling several daily live programs.
CNBC informed its staff via an internal memo on Wednesday, September 2nd, that it has decided to shut down its Hong Kong office and discontinue several daily live programs. The related programs were terminated on the same day.
In an email statement sent to Bloomberg News, CNBC stated that programs such as “Inside India,” “The China Connection,” and “Europe Early Edition” that air on weekdays have been terminated.
Additionally, special series like “CNBC Meets” and “Built for Billions” will also cease airing after the current broadcast cycle.
Despite the closure of its physical presence in Hong Kong, CNBC mentioned that it will continue to provide editorial coverage for Hong Kong, China, and the broader Asia-Pacific region through its teams in Singapore and resident journalists in Beijing, aiming to serve international viewers.
A spokesperson stated, “As part of these programming and production changes, the Hong Kong bureau will close, but coverage of Hong Kong and the wider region will continue to be part of our Asian coverage.”
A CNBC spokesperson confirmed to the South China Morning Post on Thursday that programming produced in Hong Kong has been terminated, and the closure of local operations will affect “a small number of employees.”
According to an internal memo obtained by the South China Morning Post, management made “some very difficult decisions” after evaluating international programs, business viability, and resource allocation over the past few months.
The memo mentioned that due to changing production demands in Asia, the decision was made to close the Hong Kong branch, while teams in London, Singapore, Beijing, and Abu Dhabi will continue their reporting work.
The memo also noted that several positions in multiple international teams and regions will be eliminated, and affected employees will be individually notified.
Earlier in 2026, Comcast split its cable television networks (including CNBC and MS NOW) into a new company called Versant Media Group.
Earlier this year, CNBC laid off nearly ten employees as part of a newsroom reorganization.