Arabian Post Staff -Dubai Wall Street is confronting a fresh source of pressure on US government bonds as the extra compensation investors demand for holding longer-term debt climbs to its highest level in more than a decade. The so-called term premium on 10-year Treasury securities has risen by roughly 40 basis points since mid-September to about 0.98%, according to a model maintained by the Federal Reserve Bank […]
Airtel Money shares dropped below their initial public offering price on Friday as the African payments business made a subdued London market debut despite demand for its shares substantially exceeding supply. The stock rose briefly to £2 before retreating to £1.93, three pence below the £1.96 offer price. That represented a decline of approximately 1.5% from the flotation price, reversing the modest gains recorded earlier during conditional […]
Arabian Post Staff -Dubai SoftBank Group chief executive Masayoshi Son is seeking up to $100 billion from Gulf investors for a proposed fund that would acquire businesses and transform their operations using artificial intelligence. The fundraising discussions are at an early stage, with senior figures in the United Arab Emirates among those approached. No commitments or final agreements have been announced, and there is no assurance that […]
Thousands of police and paramilitary personnel were deployed across the capital, with barricades, surveillance equipment and detention facilities positioned around Jantar Mantar, where the youth-led movement planned to assemble despite being denied permission.
Delhi Police strengthened checkpoints at major entry routes, restricted access to sensitive areas and warned that unauthorised gatherings would face action. Security arrangements included drones, closed-circuit television cameras, body-worn cameras and additional personnel assigned to monitor crowd movements.
The authorities prepared for approximately 7,000 demonstrators, although organisers have claimed substantially wider support. Police officials said their priority was maintaining public order while preventing confrontations between protesters and security personnel.
The Ministry of Home Affairs instructed police chiefs across states and Union Territories to remain vigilant, citing possible law-and-order consequences arising from the mobilisation. Union Home Secretary Govind Mohan communicated the concerns after Delhi Police rejected the organisers’ application.
Police said the request had not complied with the prescribed ten-day advance notice requirement. Authorities also cited alleged failures to follow lawful instructions during an earlier demonstration and concerns about traffic disruption and public safety.
CJP representatives challenged the restrictions, arguing that peaceful assembly was a constitutional right. Founder Abhijeet Dipke maintained that the demonstration would proceed despite the security measures, accusing the government of attempting to suppress public opposition.
The planned protest centres on allegations that the Election Commission’s special intensive revision of electoral rolls has resulted in widespread exclusion of eligible voters. Organisers accuse the commission of conducting the exercise in a manner that benefits the ruling Bharatiya Janata Party.
The Election Commission and the BJP have rejected allegations of electoral manipulation. The dispute has nevertheless drawn opposition parties, student organisations and civil society campaigners into demonstrations demanding greater transparency and accountability.
The confrontation has intensified following claims by opposition groups that more than 130 million names were removed from electoral registers during the revision exercise. The figure remains politically contested, while the commission maintains that electoral roll verification follows established procedures.
Security officials said approximately 35,000 police and paramilitary personnel were available for deployment. Additional forces were mobilised from outside Delhi, while officers established multiple layers of security around government buildings, transport hubs and approaches to the proposed protest venue.
Preventive detentions began before the scheduled gathering. Police acknowledged detaining hundreds of people as part of security operations, while CJP leaders alleged that substantially larger numbers of supporters had been stopped or taken into custody across several states. The organisers’ figures could not be independently established.
Transport restrictions compounded the disruption. Delhi Metro authorities curtailed access to several stations, while railway services connecting the capital with neighbouring states faced cancellations and rescheduling. The restrictions affected commuters travelling for purposes unrelated to the demonstration.
Mobile internet access was also restricted in parts of central Delhi, alongside heightened monitoring of roads leading towards government offices. The measures attracted criticism from civil liberties campaigners concerned about their impact on communication and freedom of movement.
The Supreme Court’s intervention over the extent of transport restrictions prompted authorities to reconsider some closures, reflecting concerns about the consequences for ordinary passengers. Police nevertheless retained powers to regulate access to areas considered vulnerable to large gatherings.
Delhi Traffic Police issued an advisory identifying 30 locations where diversions could be imposed from 6 am. These included Connaught Place, Mandi House, Dhaula Kuan, Patel Chowk and roads approaching Jantar Mantar.
Commuters were advised to allow additional travelling time, particularly when heading towards railway stations, interstate bus terminals and the airport. Traffic arrangements were to be adjusted according to conditions on the ground.
Joint Commissioner of Police Madhur Verma urged officers to exercise restraint and maintain professional standards while handling demonstrators. The instructions emphasised minimum force, discipline and the protection of public safety during crowd-control operations.
Student organisations supporting the CJP maintained that their campaign would remain peaceful. The All India Students’ Association and other groups joined calls for accountability over electoral roll changes, while organisers appealed to participants to avoid confrontation.
Police also sought information from authorities outside Delhi about planned journeys, accommodation arrangements and organisers coordinating the mobilisation. Intelligence-sharing arrangements covered railway stations, road transport routes and potential assembly points.
Hotels and guest houses around central Delhi were asked to restrict bookings where necessary, while security personnel monitored arrivals at transport terminals. Police established designated detention facilities to accommodate people taken into preventive custody.
The traffic advisory identified additional possible restrictions around Lodhi Road, Sardar Patel Marg, Moti Bagh and the Ram Manohar Lohia Hospital roundabout, with diversions subject to operational assessments by traffic officers.
Greenlogue/AP Khalifa University has completed the main conference programme of the Abu Dhabi Climate Solutions Summit 2026, recording more than 1,000 registrations and accepting over 100 research posters focused on practical responses to climate change. The university said the gathering brought together scientists, policymakers, investors, businesses and young innovators to examine how promising technologies could move beyond laboratories into affordable, commercially viable applications. Five dedicated youth sessions […]
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the Ministry of Finance delegation, which is scheduled to attend ministerial discussions, multilateral consultations and bilateral meetings with representatives of participating countries.
The Ministry of Finance announced the participation on Friday, identifying financial resilience, sustainable development funding and stronger institutional partnerships as principal priorities. The meetings come amid mounting concerns over sovereign debt, borrowing costs, geopolitical tensions and uneven economic growth.
Khaled Mohamed Balama, Governor of the Central Bank of the UAE and the country’s governor to the IMF, will separately lead the central bank delegation. Assistant governors and senior officials will participate in discussions covering monetary policy, financial stability and emerging challenges affecting international markets.
Al Hussaini said the annual gathering offered an opportunity to coordinate economic positions and strengthen dialogue among governments and international financial institutions. The UAE would seek partnerships supporting inclusive development while examining financing mechanisms capable of improving economic resilience.
The Ministry of Finance delegation will attend the meeting of finance ministers and central bank governors from the Middle East, North Africa, Afghanistan and Pakistan with IMF Managing Director Kristalina Georgieva. Regional economic developments, financing requirements and financial stability are expected to feature in those discussions.
Its programme also includes the G20 Finance Ministers and Central Bank Governors Meeting, the annual plenary session and consultations involving the International Monetary and Financial Committee, which advises the IMF on the international monetary and financial system.
A separate meeting of Arab governors with World Bank Group President Ajay Banga will provide another forum for discussing development priorities and cooperation with multilateral lenders. UAE officials will also hold bilateral engagements with representatives of partner countries.
The central bank has identified digital transformation, artificial intelligence, financial inclusion and climate resilience among its priorities. Its delegation intends to examine how technological developments can support economic growth while strengthening financial systems against emerging risks.
These discussions will take place against a difficult international economic backdrop. IMF Managing Director Georgieva has warned governments about mounting public debt and the need for credible fiscal policies, particularly as higher borrowing costs constrain spending and investment.
Geopolitical disruptions and pressure on energy markets have added uncertainty to economic forecasts. Policymakers attending the Bangkok meetings will face questions about balancing inflation control, financial stability and growth while addressing the financing needs of developing economies.
The World Bank Group has placed employment, private investment and development opportunities among the central themes of its programme. Scheduled discussions include mobilising private capital for jobs and examining how artificial intelligence can support employment and economic development.
For the UAE, these subjects intersect with its stated priorities of expanding international financial cooperation and supporting development financing. The Ministry of Finance said its delegation would examine opportunities for practical collaboration with governments and international institutions.
Bangkok will also provide the setting for preparations linked to the UAE’s hosting of the institutions’ 2029 Annual Meetings in Abu Dhabi. The World Bank Group and IMF announced that decision in April following approval by their boards of governors.
An official signing ceremony associated with the 2029 hosting arrangements is scheduled during the Bangkok gathering. Abu Dhabi’s selection will bring the meetings back to the UAE after Dubai hosted them in 2003.
The annual meetings bring together finance and development ministers, central bankers, institutional leaders, private sector representatives and civil society organisations. Their principal forums address the world economic outlook, monetary cooperation, development challenges and the operations of the two institutions.
The main venue this year is Bangkok’s Queen Sirikit National Convention Center. The formal plenary session is scheduled for 16 October, while the International Monetary and Financial Committee plenary is scheduled for 17 October.
The UAE programme also includes a reception bringing together banks from the country and their regional and international counterparts. The Ministry of Finance said the gathering was intended to strengthen institutional relationships and create opportunities for financial cooperation.
Other scheduled engagements include discussions with partner governments on bilateral economic relations and possible areas of collaboration. The ministry has not announced individual bilateral agreements or financing commitments ahead of the meetings.
Public sessions will accompany the ministerial programme, including discussions on artificial intelligence, private investment and development. Selected events will be streamed internationally, with interpretation available in several languages, including Arabic.
International condemnation of Houthi attacks on two Saudi Arabian airports has intensified, with the United Nations, France, Britain and several Middle Eastern governments denouncing strikes that killed three civilians and injured 36 others. The attacks targeted Abha International Airport and King Khalid International Airport in Riyadh on October 6 and 7, according to Saudi Arabia’s General Authority of Civil Aviation (GACA). The casualties included three foreign residents, […]
Arabian Post Staff -Dubai Saudi Arabia’s Almarai plans to invest more than $4 billion through 2031 to expand production capacity, diversify its food and beverage portfolio and strengthen its presence across priority markets. The Riyadh-based company unveiled details of its 2026–2031 growth strategy at a capital markets day on Thursday, outlining four priorities covering established businesses, new product categories, emerging distribution channels and geographical expansion. The investment […]
Arabian Post Staff -Dubai Lufthansa Group, IndiGo, Air India and Akasa Air have suspended flights to Riyadh following renewed threats from Yemen’s Houthi movement and its claim of a ballistic missile attack on the Saudi capital’s international airport. The cancellations announced on Thursday disrupted international services as airlines assessed security conditions around King Khalid International Airport, where explosions and smoke were reported following the alleged attack. Lufthansa […]
HONG KONG SAR – Media OutReach Newswire – 9 October 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank” / “PingAnDB”) announces its expansion into high-end wealth management, making it the first digital bank in Hong Kong to enter this sector. By introducing private fund products coupled with seamless end-to-end digital capabilities and dedicated offline services, PingAnDB aims to reshape high-end wealth management customer experience. This enables customers to achieve diversified asset allocation and capture global investment opportunities, while enjoying a digital wealth experience defined by flexibility and professionalism.
According to the Securities and Futures Commission’s Asset and Wealth Management Activities Survey 2025, Hong Kong’s asset and wealth management industry accelerated sharply in 2025 to reach a historic high. Total assets under management (AUM) surged 20% year-on-year to HK$42.2 trillion by the end of the year. Within this, the private banking and private wealth management business demonstrated robust momentum, with AUM reaching nearly HK$12.9 trillion—a record high. This strong trajectory underscores the accelerating demand for wealth management solutions in the region. However, traditional high-end wealth management services typically impose high entry thresholds, which may not fully satisfy the needs of all individuals who possess substantial assets and seek global asset allocation or alternative investment opportunities. Ping An Digital Bank precisely addresses this market gap by launching private fund services, combining its fully digital platform and dedicated offline wealth management services to address customers’ demands for global asset allocation and financial management.
Mr. Ronald Iu, Chief Executive of Ping An Digital Bank, said, “Ping An Digital Bank remains committed to being a user-centric digital bank. Since launching our wealth services in March 2026, we have observed strong demand among customers for diversified asset allocation and flexible wealth management solutions.
Furthermore, a recent report indicates that Hong Kong has overtaken Switzerland as the world’s leading cross-boundary wealth management center, which is another reason to expect increasing capital inflows to the city. Capitalising on this momentum, Ping An Digital Bank is introducing private fund products, marking our debut as the first digital bank to step into the high-end wealth management sector. Leveraging our agile digital platform and dedicated offline wealth management services, we are reinventing the high-end wealth management experience to empower customers in optimising their portfolios and achieving their global asset allocation goals.”
Ping An Digital Bank’s wealth management service is designed around user experience at its core, streamlining processes to make the investor journey simpler and more convenient. The Bank collaborates with leading global fund houses, including J.P. Morgan Asset Management and Aberdeen Investments, to offer semi-liquid fund products to customers. Going a step further, the Bank complements its end-to-end digital capabilities with dedicated offline wealth management services. In addition to offline support, the online platform offers analysis tools and trading experiences comparable to online brokerages, ensuring swift and efficient execution to deliver an all-around wealth management ecosystem.
Looking ahead, Ping An Digital Bank will continue to advance its brand vision, “Always with You, Always Ahead,” harnessing financial technology to expand its footprint in high-end wealth management. By combining personalized offline wealth services with the agility of its digital infrastructure, PingAnDB aims to provide customers with comprehensive, flexible asset management solutions, setting a new benchmark for digital wealth management in Hong Kong.
Important Notes
Investment involves risks. Investors should carefully read the offering documents of each product to understand the detailed risk disclosures applicable to the relevant products. The information contained herein is for general reference purposes only and does not constitute, nor should it be regarded as, any investment advice, recommendation, offer, solicitation, inducement, commitment, or guarantee. Private wealth management financial products, including private funds, are not regulated by the Securities and Futures Commission and are offered solely to customers who meet the professional investor requirements under the Securities and Futures (Professional Investor) Rules.
Hashtag: #平安數字銀行 #PingAnDB #財富管理 #WealthManagement
The issuer is solely responsible for the content of this announcement.
Ping An Digital Bank (International) Limited (“Ping An Digital Bank,” “PingAnDB”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s integrated financial platform in Hong Kong.
By Dr. Nilanjan Banik The public argument over Tata Sons has been told as a story of power: a board and a set of trusts pulling in different directions, a regulator applying pressure from outside. Lost in that framing is the party with the least say and the most at stake, the ordinary investor. This […]
The article appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Dubai’s residential property market has recorded a sharp decline in transactions as the Middle East war dampens demand, while moderate price corrections have emerged in several segments, S&P Global Ratings said. The credit ratings agency warned that continuing regional instability, combined with substantial housing deliveries scheduled for 2027 and 2028, could intensify downward pressure on prices, particularly apartments purchased primarily for investment. S&P Global Ratings credit analyst […]
Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Capital has secured US regulatory clearance for its $6.2 billion acquisition of Clear Channel Outdoor Holdings, removing the final regulatory obstacle to taking the American billboard advertising company private. Clear Channel announced on Wednesday that the Committee on Foreign Investment in the United States had approved the transaction, allowing the investor consortium led by Mubadala Capital to proceed towards completion […]
BUDAPEST, HUNGARY and HONG KONG SAR – Media OutReach Newswire – 30 June 2026 – OTP Bank Plc. (“OTP Bank” or “OTP”), the leading banking group in Central and Eastern Europe (CEE), today marked the establishment of its EUR 7 billion Euro Medium Term Note (EMTN) programme on the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange” or “HKEX”) with a commemorative gong ceremony at the Connect Hall, Hong Kong Stock Exchange. OTP is the first European Union financial institution to open an EMTN programme on the exchange.
The EUR 7 billion programme was established on the Hong Kong Stock Exchange on 28 May 2026, following approval of its base prospectus by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) on 27 May 2026, allowing the issuer to raise debt in multiple tranches, currencies, structures and maturities over time. For OTP – which holds an AAA issuer rating on the China national scale from Lianhe Ratings, the highest available – it establishes a permanent platform for trading with certain OTP bonds, and later for raising capital from Asian institutional investors.
On 16 June 2026, OTP priced the programme’s inaugural issuance: a EUR 1 billion Tier 2 note, listed in Hong Kong and Luxembourg. It is OTP’s largest-ever bond transaction and, as at the issue date, the largest euro-denominated Tier 2 note issued by a bank in the CEE and wider CEMEA region. The offering drew a peak order book of EUR 4.1 billion – the largest in OTP’s history – and priced at a coupon of 4.625%.
The listing builds on OTP’s growing presence in Asian capital markets. In 2025 OTP issued its first Dim Sum green bond, raising CNH 900 million and becoming the first Hungarian institution to issue a public offshore renminbi green bond, following a CNY 300 million bond in 2024. The Bank has operated a representative office in Beijing since 2017, became a full member of the Asian Financial Cooperation Association (AFCA) in 2024, and maintains a strategic partnership with the Industrial and Commercial Bank of China (ICBC).
Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, said: “Listing our EMTN programme in Hong Kong is a clear demonstration of OTP Bank’s long-term vision and strategic commitment to international capital markets. Hong Kong excels itself as one of the world’s leading international financial centres, serving as a vital bridge between East and West. For OTP Bank, this is not only an opportunity to access liquidity, but also to deepen relationships and build lasting trust with investors in this dynamic region. The demand we have seen for OTP’s credit, including the record order book for our inaugural issue off the programme, reflects the growing interest in high-quality European issuers.”
As Asian investors increasingly look to Europe to diversify their portfolios, Central and Eastern Europe offers a distinctive proposition: emerging-market growth rates combined with the low-risk profile of the European Union. The region’s attractiveness is reinforced by its convergence towards the eurozone. Three of the five countries in which OTP is the market leader sit at the heart of Europe’s euro-convergence story – Bulgaria, which adopted the euro on 1 January 2026, Slovenia, which adopted the euro years ago, and Hungary, OTP’s flagship market, where the recently elected government aims to create the conditions for euro adoption around 2030.
OTP combines what rarely comes together in European banking: high growth, strong profitability and an ultraconservative balance sheet built for resilience. OTP Group is one of the largest and fastest-growing banking groups in the region, recently ranked 398th on the Forbes Global 2000 list, up from 1007th place in 2022. It pairs an annual organic loan growth of around 15% with a disciplined acquisition record and high profitability – a 2025 return on equity of 21.6% – and with an ultraconservative balance sheet: a leverage ratio well above its European peers, strong capital and liquidity, and one of the most resilient outcomes in the European Banking Authority’s latest stress test. In 2023, OTP became the first European bank to enter Uzbekistan, bringing the total population across OTP’s markets to 110 million.
Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, added: “We believe the combination of growth, profitability and stability is what makes OTP an attractive name for fixed-income investors. This is also reflected in our recent ranking among the world’s top 500 companies by Forbes.These achievements are the result of a consistent strategy: prudent growth, diversified funding sources, and a strong focus on long-term partnerships. Over the decades, OTP Bank has built a solid track record in international debt capital markets, and today’s milestones further strengthen that foundation. Looking ahead, we see significant opportunities to deepen our engagement with Asian investors and institutions. We are confident that this listing will serve as a cornerstone for long-term cooperation, mutual growth, and shared success.”
Hashtag: #OTPBank #Banking #Finance #HongKong #Hungary
https://www.otpbank.hu/portal/en/retail
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The issuer is solely responsible for the content of this announcement.
OTP Group provides universal financial services to 17.5 million customers across 11 countries in Central and Eastern Europe and Central Asia, with 40,000 employees and total assets of USD 138 billion. OTP has ranked No. 1 in Central and Eastern Europe by Tier 1 capital in The Banker’s Top 100 CEE Banks for three consecutive years (2023-2025); it was named the second best-performing bank in Europe by S&P Global Market Intelligence and the Best Bank in Central and Eastern Europe by Global Finance. The Group has risen to 398th on the Forbes Global 2000 in 2026 (from 1007th in 2022). OTP Bank has been listed on the Budapest Stock Exchange since 1995. The Bank holds an AAA issuer rating on the China national scale from Lianhe and is rated BBB by S&P.
Coinbase has completed the integration of crypto derivatives platform Deribit, creating Coinbase Global Exchange and preparing to introduce options trading, spot margin and unified portfolios over the coming weeks. The company said on Wednesday that Coinbase Financial Markets, its US-regulated futures commission merchant, will soon connect eligible US customers with global crypto derivatives liquidity through regulated infrastructure. The move brings together operations that had been split between […]
The Solana Foundation has introduced an open-source delivery-versus-payment program designed to let financial institutions settle tokenised assets and payments together in a single atomic transaction on the Solana blockchain. Solana DvP, announced on October 6, provides a standard escrow framework and application programming interface intended to replace bespoke smart contracts that institutions have needed for onchain settlements. The program is released under the MIT licence and has […]
BlockTower Capital founder Ari Paul has accused Coinbase of failing to return about $25 million belonging to his firm, while alleging that similar security breaches affected at least a dozen institutions and involved more than $1 billion. Paul, BlockTower’s founder and chief investment officer, made the claims in a social-media post on September 28, saying the loss occurred “a couple years ago”. He alleged that what initially […]
Arabian Post Staff -Dubai Senior Emirati women leaders have gathered in Dubai for a Women Board of Directors and PwC Middle East forum focused on leadership, resilience and expanding women’s influence across the UAE’s public and private sectors. The “Reaffirmation” gathering, held on September 28 at PwC Middle East’s Emaar Square offices, brought together Huda Buhumaid, Raja Al Mazrouei, Aarefa Al Falahi and Maha Al Hosani with […]
We’re heading into earnings season again in Corporate America, and S&P 500 earnings are forecast to climb 27% in the third quarter, and for the first time since 2021, every single sector is expected to grow its profits. For two years sceptics have argued the AI boom is a narrow bet on a handful of technology companies. These numbers point to an investment wave now feeding profits […]
By Arun Srivastava The political economy of a state is the interdisciplinary study of how a government’s political institutions, laws, and power dynamics interact with its economic system to produce, distribute, and manage wealth and public policy. The political economy of Uttar Pradesh is shaped by its massive electoral weight, profound caste-class cleavages, and a […]
The article Top BJP Leadership Is Leaving No Stone Unturned To Win Uttar Pradesh Assembly Polls appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
The Hong Kong Special Administrative Region (HKSAR) Government welcomed the latest report, noting that, among the five areas of assessment, the city continued to be ranked first globally in “Freedom to trade internationally” and second in “Regulation”.
“The Fraser Institute’s report once again affirms Hong Kong’s strengths as a free-market economy and its open, efficient and fair business environment,” a spokesman for the HKSAR Government said. “Amid increasing global economic uncertainties and rising trade protectionism, Hong Kong remains firmly committed to maintaining its free port status, zero-tariff policy, and simple and low tax regime, providing a secure, stable, fair, predictable and internationalised business and investment environment for investors and entrepreneurs from around the world.”
“One country, two systems” advantages
The HKSAR Government highlighted that, under the “one country, two systems” framework, Hong Kong enjoys the strong support of the Chinese Mainland and maintains close connections with the rest of the world.
“While offering convenient access to both the Chinese Mainland and international markets, Hong Kong continues to practise common law in both Chinese and English,” the spokesman said. “It also offers financial, shipping, trading and professional services that align seamlessly with international best standards, supported by an efficient government structure and a clean and professional civil service.”
These strengths enable Hong Kong to fully leverage its roles and functions as a ‘super connector’ and ‘super value-adder’, making it the best gateway for Mainland enterprises to enter international markets and for overseas enterprises to enter the Mainland.
Attracting investment and talent
So far this year, Hong Kong has continued to scale new heights in various international competitiveness rankings covering finance, innovation and technology (I&T), education and talent, reflecting wide recognition by the international community of Hong Kong’s core strengths and the HKSAR Government’s efforts to promote high-quality social and economic development.
Indeed, Hong Kong’s favourable business and living environment, coupled with the proactive and concerted efforts of the HKSAR Government and all sectors of the community, continues to attract enterprises and talent from around the world.
Last year, the number of companies in Hong Kong with parent companies overseas or in the Mainland exceeded 11,000, an increase of 11 per cent over 2024 and a record high.
The Office for Attracting Strategic Enterprises (OASES), established by the HKSAR Government in 2022, has successfully attracted over 120 strategic enterprises to date, including many global industry leaders with a market capitalisation or valuation exceeding $100 billion and possessing cutting-edge technologies.
On talent attraction, from end-2022 to August this year, over 670,000 applications were received and over 470,000 were approved under various talent admission schemes, with more than 310,000 individuals having arrived in Hong Kong.
Over the past year, Hong Kong recorded considerable growth in funds raised through initial public offerings, bank deposits and assets under management in the asset and wealth management business, reflecting international investors’ confidence in and recognition of Hong Kong.
Looking ahead
Last month, the HKSAR’s Chief Executive, John Lee, announced the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong’s First Five-Year Plan) and the 2026 Policy Address.
Hong Kong’s First Five-Year Plan states that Hong Kong will remain committed to a free and open economic system and the free flow of capital, goods, people and information, all of which are Hong Kong’s core strengths under the “one country, two systems” framework.
“These efforts will inject stronger impetus into social and economic development, open up broader development prospects for local enterprises and the public, and provide greater opportunities for enterprises, investors and talent worldwide,” the spokesman said.
Hashtag: #HongKong #Freest #Economy #Investment #Talent
https://www.brandhk.gov.hk/https://www.linkedin.com/company/brand-hong-kong/
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The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Deutsche Bank has made three key appointments in its Dubai office as the German lender broadens investment banking coverage across the Middle East and seeks to capture growing capital-markets and institutional-client business. Ilya Korobov has relocated from London to Dubai as a director of debt capital markets for Central and Eastern Europe, the Middle East and Africa. He joined Deutsche Bank in November […]
The event was supported by AWS Hong Kong as Event Partner and BOC Group Life Assurance Company Limited as Strategic Partner, with Hong Kong Institute of Circular Economy and Cantabrigian Consulting Limited serving as Supporting Organisations.
The event featured a distinguished line-up of senior leaders and experts from the financial, technology, GreenTech, business and social impact sectors to exchange perspectives on the future of sustainable transformation., including:
From Sustainable Finance to Climate and Technology Innovation
The forum explored how capital, technology, innovation and people can work together to accelerate the transition towards a more sustainable and resilient economy. Speakers shared practical experience and forward-looking perspectives across sustainable finance, GreenTech, artificial intelligence, ESG innovation, talent development, accessibility and social impact.
A keynote presentation by Mr. Ronald Young, Head of Sustainable Banking Development at the Hong Kong Monetary Authority, highlighted key initiatives advancing sustainable finance in Hong Kong. Mr. Terry Yung, Chief Investment Officer of BOC Group Life Assurance Company Limited, shared an investment perspective on sustainable transformation, while Ms. Vivienne Chiu, Chief Brand and Communications Officer of BOC Life, highlighted the role of corporate engagement, strategic partnerships and innovation support in advancing ESG solutions and creating wider societal value.
The discussions reinforced Hong Kong’s role in international finance, technology and innovation, highlighting the importance of cross-sector collaboration in turning ESG strategies into measurable business, climate and societal value.
AI as an Enabler of Sustainable Transformation
Artificial intelligence emerged as a key theme throughout the event, with speakers examining how AI and data technologies can support ESG decision-making, improve operational efficiency, strengthen climate and sustainability intelligence, and accelerate innovation across industries.
At the same time, discussions also highlighted the importance of responsible AI adoption, workforce reskilling, accessibility and social inclusion, ensuring that technological advancement creates broader opportunities for businesses and society.
Turning ESG Strategy into Real-World Impact
Speaking at the event, Dr. William Yu, Founder and Chief Executive Officer of the World Green Organisation, highlighted that sustainable transformation requires the collective participation of finance, technology, business and society.
The future of ESG transformation will increasingly depend on how effectively organisations combine finance, technology, AI, human capability and cross-sector collaboration to create measurable business, climate and societal value.
WGO will continue to develop the ESG XCHANGE series as a platform to connect different sectors, promote practical partnerships and translate ESG strategies into business value, climate impact and societal value.
Hashtag: #WGO
https://www.thewgo.org/https://www.linkedin.com/company/world-green-organisationhttps://www.facebook.com/worldgreenorganisationhttps://www.instagram.com/worldgreenorganisation/
The issuer is solely responsible for the content of this announcement.
The World Green Organisation (WGO) is an independent non-governmental organisation concerned with environmental conservation and environmentally related livelihood and economic affairs. It provides a holistic approach to a fully integrated three-pronged solution that combines social, environmental and economic dimensions for a paradigm shift towards low-carbon and climate-resilient development pathways.
U. S. forces have imposed a curfew, alcohol ban and temporary operational pause in Okinawa after a Marine was arrested on suspicion of robbing and killing a local woman, intensifying anger over the American military presence on the Japanese island. The measures followed the arrest of Lance Corporal Devin Jacob Ballard, 20, who is suspected of killing 39-year-old Anna Yagi at a hotel in Naha, Okinawa’s capital, […]
