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Chinese artificial intelligence developer DeepSeek has withheld early access to its newest large language model from two of the world’s dominant semiconductor designers, Nvidia and AMD, a move that industry observers interpret as a calculated step in Beijing’s effort to reduce dependence on United States technology and strengthen domestic computing ecosystems. The decision centres on the company’s latest generation AI model, which is designed to compete with […]

More than 10,000 citizens of the People’s Republic of China have returned safely from several West Asian countries including the United Arab Emirates, Oman and Saudi Arabia, according to a spokesperson from the Ministry of Foreign Affairs in Beijing, highlighting coordinated efforts by diplomatic missions and local authorities to assist travellers during a period of heightened regional uncertainty.

Officials stated that consular teams across multiple countries worked closely with airlines, airport authorities and host governments to organise departures and ensure that travellers were able to leave safely. The effort covered Chinese tourists, business travellers and temporary workers who had been present across several Gulf states when concerns about travel disruptions intensified.

Authorities described the return of more than 10,000 citizens as part of a broader emergency response mechanism that allows embassies and consulates to provide rapid assistance to nationals overseas. Diplomatic missions in Abu Dhabi, Riyadh, Muscat and other regional capitals coordinated with Chinese carriers and international airlines to arrange flights and secure transit permissions, ensuring orderly departures from major regional airports.

Embassy staff reportedly maintained continuous communication with travellers through consular hotlines and digital messaging platforms, offering guidance on documentation, airport procedures and available transport routes. Officials also worked with host governments to facilitate safe passage to airports and ensure travellers received assistance where needed.

Chinese diplomatic representatives emphasised that governments across the Gulf region extended cooperation during the operation, helping to maintain stability at airports and allowing evacuation plans to proceed without major disruptions. Aviation authorities in the region assisted with flight scheduling and airport logistics, enabling large numbers of travellers to depart over a relatively short period.

The spokesperson noted that consular protection remains a central responsibility of the foreign ministry and its overseas missions. Chinese embassies regularly issue safety advisories to citizens abroad and maintain contingency plans for large-scale assistance operations when circumstances require urgent coordination.

Travel between China and the Gulf has grown significantly during the past decade, driven by tourism, trade and energy cooperation. The United Arab Emirates in particular has become a major destination for Chinese tourists and business travellers, supported by visa-on-arrival policies and expanding air connectivity between Chinese cities and Gulf hubs such as Dubai and Abu Dhabi.

Tourism authorities in the Emirates have highlighted the importance of Chinese visitors to the hospitality and retail sectors. Before the global pandemic disrupted international travel, Chinese travellers represented one of the fastest-growing visitor segments to Dubai, contributing strongly to hotel occupancy and shopping activity across the city.

Saudi Arabia has also expanded tourism cooperation with China as part of broader economic diversification plans. Initiatives linked to the kingdom’s Vision 2030 programme have encouraged tourism flows, cultural exchanges and investment partnerships, drawing increasing numbers of visitors from Asia.

Oman has similarly sought to attract Chinese tourists and investors by easing visa procedures and promoting cultural heritage destinations, while maintaining strong commercial ties with Chinese energy companies involved in infrastructure and industrial development.

Consular officials said the return operation involved travellers from multiple Gulf states as well as other nearby countries where Chinese citizens had been working, studying or travelling. Embassy staff helped verify identities, issue emergency travel documents where necessary and assist those who required medical or logistical support before departure.

Airlines operating between the Gulf and East Asia played a central role in transporting travellers. Carriers from the region, alongside Chinese airlines, expanded seat capacity on several routes and adjusted flight schedules to accommodate additional passengers returning home.

Officials indicated that the successful movement of thousands of travellers reflects increasing coordination between diplomatic networks, aviation authorities and emergency management agencies. Governments have developed more structured protocols for assisting nationals overseas following earlier crises that highlighted the need for rapid response capabilities.

Chinese authorities have emphasised that citizens travelling abroad should remain attentive to official travel advisories and maintain contact with embassies and consulates when circumstances change. Digital registration systems have also been introduced to allow travellers to inform diplomatic missions of their presence in foreign countries, improving the ability of officials to provide assistance if required.

Cybersecurity researchers have identified a sophisticated espionage campaign linked to China-aligned threat actors that is targeting organisations in Qatar, using malware associated with the PlugX family and exploiting heightened geopolitical tensions in the Middle East to lure victims. Security analysts say the operation demonstrates how advanced persistent threat groups quickly integrate global events into cyber-espionage strategies. The campaign relies on carefully crafted phishing documents and malicious attachments […]

HONG KONG SAR – Media OutReach Newswire – 10 March 2026 – Hong Kong Design Centre (HKDC) welcomes the 2026-27 Budget announced by the Financial Secretary which sets out, inter alia, the Government’s commitment to drive the development of Hong Kong’s cultural and creative industries, reinforcing the city’s position as a global creative hub.

HKDC Chairman, Mr Joseph Lo, remarked, ‘HKDC has long been committed to supporting local designers and enterprises, driving design to create business value for Hong Kong, and reinforcing the city’s position as a global creative hub. In alignment with Hong Kong’s integration into the national development agenda and the advancement of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) collaboration under the 15th Five-Year Plan, we will continue to strengthen partnerships between Hong Kong’s design sector, the Chinese Mainland, and the international community, leveraging Hong Kong’s unique role as a “super connector” and “super value-adder”. Through flagship programmes, we foster cross-sectoral collaboration and design innovation, and are dedicated to transforming the DX design hub into a cultural landmark for visitors to Hong Kong, further enhancing the competitiveness and influence of the city’s design industry.’

HKDC believes that Hong Kong’s diverse cultural background, world-class cultural infrastructure, and global creative industry network will further reinforce the city’s leadership in the creative industries. Its annual flagship event, Business of Design Week (BODW), will continue to convene world-class designers, brand leaders, and entrepreneurs to foster cross-cultural and cross-disciplinary exchange and business collaboration. The project ‘DX GRAVITY’, developed with the GBA design industry, will promote cross-sectoral creative and commercial synergies.

Meanwhile, ‘Fashion Asia Hong Kong’ will strengthen ties among local, Chinese Mainland, and international fashion communities through strategic showcases, offering valuable opportunities for business growth and global exposure. Together, these initiatives highlight HKDC’s role as the premier platform enabling design brands to go global while attracting international talent and investment.

HKDC will continue to fully support government policy initiatives, working closely with industry stakeholders to advance Hong Kong’s cultural and creative industries, enhance global competitiveness, and position the city as a world‑class creative capital.

Hashtag: #HKDC

The issuer is solely responsible for the content of this announcement.

About Hong Kong Design Centre (www.hkdesigncentre.org)

Hong Kong Design Centre is a strategic partner of the HKSAR Government in leveraging the city’s East-meets-West advantage to create value from design.

The major programmes include Business of Design Week, DFA Awards, Fashion Asia Hong Kong and BODW In the City. Since 2024, we have also been operating the DX design hub in Sham Shui Po, dedicated to fostering emerging design talents and facilitating collaborations and exchanges in the design industry, as well as providing visitors an immersive experience through innovative exhibitions, fashion showcases and cultural events.

To achieve our goals, we:

  • Cultivate a culture of design
  • Bridge stakeholders to opportunities that unleash the power of design
  • Promote excellence in various design disciplines

About Cultural and Creative Industries Development Agency (www.ccidahk.gov.hk)

The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to some of HKDC’s activities/projects only, and does not otherwise take part in such funded activities/projects. Any opinions, findings, conclusions or recommendations expressed in this publication and relevant materials/events (or by members of the project teams) are those of HKDC only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Driving R&D Translation and Sector Collaboration; Elevating Hong Kong as a Global Life & Health Innovation Hub

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – The Hong Kong Productivity Council (HKPC) today officially launched its new “Future Life & Health Tech Centre”, unveiling a suite of R&D achievements and application technologies across life sciences, medical technology, future food, biotechnology and modernisation of Chinese medicine. With a clear focus on accelerating R&D, pilot-scale development, smart manufacturing and commercialisation, the Centre aims to serve as an industry accelerator for life and health technology in Hong Kong, supporting the commercialisation of research outcomes from lab to market and driving the development of new productive forces.

Mr Edmond LAI, Chief Digital Officer of HKPC, said, “Life and health technology is a fast-rising focus for Hong Kong’s innovation and technology development. The Government’s 2026–27 Budget also outlines several initiatives to accelerate I&T development, with a primary focus on life and health technology. HKPC is committed to supporting the Government’s strategic development in this field by delivering forward-looking innovative technologies and services. Through the ‘Future Life & Health Tech Centre’, we will leverage AI, smart manufacturing, pilot platforms and cross-border collaboration to speed up the commercialisation of research outcomes, fostering Hong Kong as an international life and health innovation hub.”

An integrated platform from R&D to market adoption

Positioned as an end-to-end enabler across the full value chain, the “Future Life & Health Tech Centre” provides systematic support from research and pilot production through to scaleup and market adoption. It includes platforms for active ingredient efficacy validation, microencapsulation and controlled release, AI health monitoring model development, dosage form optimisation for Chinese medicine, future food technologies, medical device pilot capabilities and smart microfactory demonstration. The Centre serves as a bridge between universities and research institutes, healthcare providers, local enterprises and Greater Bay Area resources, facilitating upstream, midstream and downstream collaboration for life and health technology.

Exhibition Highlights Showcasing Diverse Applications in Life and Health Technology

According to HKPC’s “Hong Kong Life and Health Industry Development Study”, the sector’s long-term success hinges on technology-driven innovation and efficient industrialisation. The Centre showcases the following innovations:

1. Medical Technology and Diagnostics

  • Veterinary recombinant plasmid DNA vaccine injection technology: Enhances plasmid DNA uptake to boost antibody production and immune response while improving safety; supports animal vaccine R&D.
  • Innovative Porous Silica Capsule Technology: Delivers precise, sustained release of drugs or antibacterial agents; tested to eliminate over 95% of harmful microorganisms. HKPC co‑developed a customised hybrid process and smart production equipment for APEL to establish a “Smart Micro‑factory”, translating research into industrial application.
  • Modernisation of Traditional Chinese Medicine: Combines modern dosage form development with zebrafish model validation. A TCM-based hydrogel patch is undergoing drug registration, with approval targeted for Q3 2026.
  • AI Scalp Health Diagnosis System: Built on HKPC’s open AI platform “HKPC Picasso,” it utilises high-resolution imaging and multimodal data to detect scalp conditions and instantly generate personalised health reports.

2. Future Food and Functional Nutrition

  • Bioprotective Coating Technology for Preservation on Fresh Produces: A food-grade coating that reduces moisture loss, oxygen exposure and microbial growth to extend shelf life and enhance supply chain efficiency.
  • Microencapsulation and Controlled Release Technology for Functional Food: Embeds active ingredients within a carrier system to protect sensitive substances, enhance bioavailability and enable precise release control.
  • AI-enabled Liquid Chilling Tunnel System: A two-stage chilling solution that reduces cooling time by over 60% and boosts efficiency by 90%. An AI vision system automatically identifies products and optimises chilling cycles, ensuring food safety, process stability and full data traceability. The technology has received multiple international honours, including the Gold Medal at the 2017 International Exhibition of Inventions Geneva.

HKPC emphasised that the “Future Life & Health Tech Centre” will act as a key platform for innovative research, pilot-scale development and industrial-scale commercialisation. Moving forward, HKPC will work closely with the Government, academia, healthcare organisations and industry partners in Hong Kong and other cities of the Greater Bay Area to strengthen the innovation ecosystem for life and health technology—supporting Hong Kong’s development as an international life and health innovation hub and advancing new industrialisation.

Photo Captions:

  1. Mr Edmond LAI, Chief Digital Officer of the Hong Kong Productivity Council, outlines the vision and strategy of the “Future Life & Health Tech Centre” and introduces a range of cutting-edge R&D outcomes in life and health technology.
  2. The “Future Life & Health Tech Centre” showcases medical technology and diagnostic innovations, including the “Veterinary recombinant plasmid DNA vaccine injection technology” and the “Modernisation of Traditional Chinese Medicine”.
  3. The “Future Life & Health Tech Centre” features future food technologies, including the “Bioprotective Coating Technology for Preservation on Fresh Produces” and “Microencapsulation and Controlled Release Technology for Functional Food”.

Hashtag: #HKPC

The issuer is solely responsible for the content of this announcement.

About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: .

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo PRO and Hong Kong International Tea Fair will be staged concurrently from 13 to 15 August 2026 at the Hong Kong Convention and Exhibition Centre. The fairs serve as a powerful business platform tailored for industry professionals to launch new products, build connections with influential buyers, and discover fresh market opportunities.

Food Expo PRO and Hong Kong International Tea Fair

The Food Expo PRO open exclusively to trade buyers on the first two days, and welcome public ticket-holders on 15 August. The concurrent Hong Kong International Tea Fair will be open to both trade buyers and public ticket holders for all three days. The 2025 edition gathered some 18,500 buyers from 64 countries and regions. Buyers are mainly importers, wholesalers, distributors, hotel groups, restaurants, clubhouses, and retail leaders such as department stores, as well as e-tailers. Apart from Hong Kong, buyers came from Chinese Mainland, Taiwan, Japan, Korea, as well as ASEAN countries, including Cambodia, Malaysia, the Philippines, Thailand, and Vietnam, among others, highlighting Hong Kong’s significant role as a key food trade hub globally.

Reserve a booth now to extend industry network: https://tinyurl.com/57zd6hx9
Register a buyer badge to source quality products: https://tinyurl.com/4nhckk3h

Food Expo PRO: new Meat zone debut

Positioned strategically at the heart of Asia, coupled with its exceptional logistics services and adept supply chain management, Hong Kong serves as a promising platform for global food manufacturers to extend their reach into markets across Chinese Mainland and the broader Asian region. As a renowned culinary capital of Asia, Hong Kong is also home to a thriving food services industry that captivates locals and visitors alike.

Food Expo PRO aims to strengthen Hong Kong’s position as a business hub for the food industry in Chinese Mainland, Asia, and the world. As a pioneer in the F&B industry, the Expo has always kept a close eye on several key trends and innovation in order to capture the evolving dynamics of the food industry.

This year, Food Expo PRO will introduce a new Meat product zone to spotlight the dynamic meat sector and meet rising demand for premium, diverse, and innovative meat offerings. The zone will showcase a wide range of high-quality meat products, including chilled and frozen meats, processed meats, specialty items, and value-added solutions from global and regional suppliers. It aims to connect exhibitors with professional buyers seeking opportunities in premium proteins, sustainable sourcing, and market trends in the Greater Bay Area and beyond.

Recognising the promising landscape of the Halal Market, the Expo introduced a dedicated Halal food and beverage label in 2024, bringing a diverse variety of Halal certified products ranging from snacks, condiments to seafood. In 2025, more than 120 food suppliers showcased halal products from around the world. A seminar will guide through the importance and the progress of promoting halal-friendly environment in Hong Kong. This session will explore the growing demand for halal products and the standard.

Highlighted zone “Food Science and Technology” brings alternative food and future food products to the professional buyers. The Coffee zone, debuted last year, will showcase coffee products, accessories, and machines from various origins. Events such as coffee demonstrations and seminars covering the coffee value chain will also be held concurrently.

Food Expo PRO also features a variety of seminars and forums covering the latest developments and market opportunities in the food industry. The Food Tech Symposium will focus on the latest technological advancements transforming the sector. The discussion will cover how new technologies can enhance efficiency and quality, benefiting both producers and consumers.

Hong Kong International Tea Fair: Brewing opportunities in tea business

The concurrent Hong Kong International Tea Fair is Asia’s premier marketplace for the tea industry, showcasing a variety of high-quality specialty teas, delicate teaware and tea related products. Building on the positive feedback from adopting the B2B2C format in 2025, which attracted over 500,000 visits together with the four concurrent fairs, the 2026 Tea Fair will once again open to the public during the three-day exhibition period, bringing the rich culture of tea to a wider audience.

To capture the evolving trends in the tea industry, the 2025 edition featured a diverse variety of new-style tea beverages such as sparkling tea, Kombucha, non-alcoholic wine-tea concoction beverage, herbal tea and yuenyeung in a capsule. A thematic zone “Friends of Tea” also presented tea-related lifestyle products such as tea-pairing food and tea perfume. The 2026 edition will strengthen the zone to enrich the overall visiting experience of public tea lovers.

Each day at the fair is filled with different activities and events. The 2026Hong Kong International Tea Culture Forum will be organised, with the purpose of creating an international platform for communication, promoting tea culture, and driving the international development of the tea industry. The China and Greater Bay Area KamCha Competition 2026 (Hong Kong Milk Tea) – Hong Kong Final will be held during the Hong Kong International Tea Fair, aiming to select the top Hong Kong-style milk tea masters, showcase the skills and unique flavours of Hong Kong-style milk tea production, and promote Hong Kong-style milk tea culture. Other events, such as the Guangdong-Hong Kong-Macau Youth International Tea Art Competition 2026, Youth Tea Ceremony, Tea Tasting Sessions and Tea Art Performances, offer an immersive exploration of tea’s rich history and latest trends.

The International Tea Event Space Design Competition 2026continues to promote tea culture. Participants can present their creative tea-serving space designs through the competition, and the shortlisted designs will be displayed and judged during the fair. Another fair highlight is the Hong Kong International Tea Fair Tea Competition. Exhibitors’ teas will be judged in six categories: Green Tea, Oolong Tea, Black Tea, Chinese Black Tea, Raw Pu’er, Others. The entries will also compete for “The Best Aroma Award” and “The Best Taste Award”. Visitors can enjoy free tea tasting of winning teas during the Fair.

The two fairs will continue to adopt the HKTDC’s EXHIBITION+ model that integrates online and offline elements, extending face-to-face interactions from physical events to smart business platform, Click2Match, which will be open to participants from 6 to 22 August.

In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA), together with the HKTDC and ten scientific research institutions and industry associations, will be held at the Hong Kong Exhibition and Convention Centre on 13 and 14 August to deliver professional traditional Chinese medicine insights into the industry.

Websites:

Food Expo PRO foodexpopro.hktdc.com
Hong Kong International Tea Fair hkteafair.hktdc.com
ICMCM icmcm.hktdc.com


Concurrent public fairs:

Food Expo hkfoodexpo.hktdc.com
Beauty & Wellness Expo hkbeautyexpo.hktdc.com
Home Delights Expo homedelights.hktdc.com

Hashtag: #HKTDC #FoodExpoPRO #HongKongInternationalTeaFair

The issuer is solely responsible for the content of this announcement.

Al-Futtaim BYD KSA has expanded its retail network in Saudi Arabia with the launch of three fully integrated showrooms in Abha, Khurais and Mall of Dhahran, signalling a broader push to strengthen the presence of electric and hybrid vehicles across the Kingdom. The openings form part of the company’s expansion programme for the first quarter of 2026 and underline a strategy aimed at widening access to new-energy […]

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BEIJING, CHINA – Media OutReach Newswire – 7 March 2026 – CGTN published an article on the opening meeting of the fourth session of the 14th CPPCC National Committee. Reviewing the work of the CPPCC National Committee in 2025 in areas like its consultative and deliberative work and assisting in the formulation of the 15th Five-Year Plan, the article highlights the CPPCC’s role as a dedicated consultative body through which people’s democracy is practiced.

CGTN

Committed to addressing the difficulties regarding people’s livelihood through the rule of law, Pi Jianlong, a lawyer and a national political advisor, has spent years going deep into factories, workshops, law firms and juvenile probation and rehabilitation centers, making sure that his proposals, grounded in rigorous field research, are precise, practical and responsive to real needs.

Noting the predicament faced by food delivery riders, including the lack of contracts, social security and basic protection, he proposed targeted suggestions such as innovating social security models and strengthening platform responsibilities. In 2025, platforms such as JD.com and Meituan successively introduced social security plans, providing full social insurance coverage for full-time riders and accident and medical insurance for part-time riders.

Awarded for his outstanding performance in 2025 by the Chinese People’s Political Consultative Conference (CPPCC) National Committee recently, Pi exemplifies the commitment of thousands of CPPCC members to serving the people through high-quality duty fulfillment, underscoring the CPPCC’s role as a major vehicle through which people’s democracy is practiced.

On Wednesday afternoon, China’s top political advisory body, the CPPCC National Committee, kicked off its annual session in Beijing. Chinese President Xi Jinping, together with other leaders, attended the opening meeting of the fourth session of the 14th CPPCC National Committee.

99.9% proposals handled

Acting as a dedicated consultative body, the CPPCC has pooled extensive consensus and strength to support the successful conclusion of the 14th Five-Year Plan and a solid start to the 15th Five-Year Plan over the past year, injecting strong vitality into the practice of whole-process people’s democracy – a key concept put forward by Xi himself to advance China’s political landscape.

Over the years, China has made all-around progress in improving the institutions, standards and procedures of socialist democracy and advanced socialist consultative democracy by way of extensive participation.

According to a work report delivered at the opening meeting, in 2025, the CPPCC National Committee received 5,992 proposals from its members, of which 5,061 were accepted for processing. The response rate for the accepted proposals stood at 99.9%.

The CPPCC National Committee members carried out 6,778 activities to serve the people, along with 11,115 outreach activities engaging people from relevant sectors. These efforts benefited more than 4 million people.

By innovating consultative and deliberative methods, improving consultative democracy institutions, and fostering a culture of consultation, the CPPCC has further strengthened its role in promoting democracy and offering policy advice while building consensus.

Over the past year, the CPPCC National Committee held 98 consultative and deliberative events, ranging from promoting the country’s green and low-carbon transition for the 15th Five-Year Plan and developing the silver economy to improving and innovating social governance. These efforts demonstrate that consultative democracy is grounded in reality and responsive to public needs, pooling support, consensus, wisdom and strength to advance Chinese modernization.

Securing a strong start to the 15th Five-Year Plan

Supporting the formulation of the 15th Five-Year Plan serves as a key task of the CPPCC in 2025, representing a vivid practice of whole-process people’s democracy.

From May 20 to June 20 last year, China launched an online public consultation to gather opinions for its next five-year plan. The initiative drew over 3.11 million valid submissions, yielding more than 1,500 constructive suggestions across 27 topics.

A summary of these findings was submitted to the Party leadership, ensuring that the people’s voices were heard at the highest level. By September, a total of 2,112 suggestions had been collected from various regions, departments and sectors, resulting in 218 revisions to the document.

To contribute to the 15th Five-Year Plan, the CPPCC, over the past year, held a special standing committee meeting and carried out 54 special studies, yielding a series of high-quality outcomes. Meanwhile, it launched a special research column, publishing 55 issues to provide evidence-based references for policy-making.

This broad-based participation highlights that national development strategies are rooted in public will, gathering strong momentum for Chinese modernization.

According to the work report, in 2026, the CPPCC will conduct in-depth research and thorough consultations on major tasks and strategic measures of the 15th Five-Year Plan and carry out cross-committee, cross-sector and cross-disciplinary studies, aiming to put forward forward-looking, targeted and operable policy suggestions, according to the report.

Focusing on key issues in areas such as economic development, technological innovation, reform and opening up, social development, and people’s livelihood, the CPPCC will truthfully reflect public opinions based on facts and implement the CPPCC National Committee’s democratic oversight work plan during the 15th Five-Year Plan period.

For more information, please click:
https://news.cgtn.com/news/2026-03-04/How-China-builds-consensus-boosts-growth-via-consultative-democracy-1LeSOfZLbk4/p.html

Hashtag: #CGTN

The issuer is solely responsible for the content of this announcement.

Chinese electric vehicle manufacturer BYD has introduced a new generation battery technology designed to dramatically reduce charging times while extending driving range, marking a significant development in the global race to improve electric mobility. The company’s upgraded “Blade Battery 2.0” was presented as capable of delivering up to 1,000 kilometres of range on a single charge, while also supporting extremely rapid charging that could replenish a large […]

Diplomatic tensions between Beijing and Canberra intensified after a confrontation between military aircraft over the Yellow Sea triggered competing accusations about unsafe conduct and raised fresh questions about aerial encounters in contested waters. Authorities in Beijing rejected claims that a military helicopter endangered an Australian aircraft during an operation over international waters, insisting the manoeuvre was lawful and conducted in accordance with established aviation procedures. Officials in […]

  Roguelite strategy title The King is Watching has surpassed 500,000 copies sold worldwide, marking a notable commercial milestone for Serbian developer Hypnohead and publisher TinyBuild. The kingdom-building game, launched in July 2025 on the PC platform Steam, has gained steady traction among strategy enthusiasts and independent-game audiences, aided by platform policy changes, an expanding international player base and a focused push into the Chinese market. Sales […]

HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Organized by the Hong Kong Women Professionals & Entrepreneurs Association (HKWPEA), the latest “Outstanding Women Professionals and Entrepreneurs Award” (OWA) opens for nomination.

HKWPEA members, 2026 Outstanding Women Professionals and Entrepreneurs Award Organising Committee members and past awardees
HKWPEA members, 2026 Outstanding Women Professionals and Entrepreneurs Award Organising Committee members and past awardees

The first OWA dates back to 1999, 3 years after HKWPEA was inaugurated, and has been running at a few years’ interval since. The 2026 OWA is the 9th to be organized to recognize outstanding Hong Kong women professionals and entrepreneurs, to celebrate excellence, spotlight role models and to showcase the continuous contribution made by women in the current age and New Economy.

The press conference was hosted by HKWPEA represented by office bearers including Ms. Julianne Doe, President; Partner of Hui Doe & Sum Law Firm LLP; Ms. Jennifer Tan, Chairperson, Organizing Committee of 2026 OWA; Senior Advisor of Ant Digital Technologies – International Business and Partner of 01F Group; Ms. Marina Wong, JP, Chartered President; Ms. Helen Kan, Immediate Past President, HKWPEA; Ms. Sandra Mak, Director, Ms. Angel Hon, Director, and Ms. Agnes Koon, Director, HKWPEA.

Ms. Jennifer Tan, Chairperson, Organizing Committee of 2026 OWA, said: “Coming out of the challenging pandemic years, we found ourselves faced with global economic uncertainties and severe geopolitical issues calling for strong leadership and audacity to innovate and advance. Against this backdrop, we find it even more meaningful to celebrate outstanding women professionals and entrepreneurs in Hong Kong and thank them for their tireless contributions to society. Their accomplishments are leading lights for the younger generation. By highlighting their success, we encourage future leaders to chase their dreams and pursue sustainable initiatives to benefit communities and mankind.”

Nomination for the 2026 OWA recognising achievements in professions and business categories begins today until April 30, 2026. Six awardees will be selected by an eminent judging panel. The nomination form can be downloaded from HKWPEA website: https://www.hkwpea.org/

47 outstanding women have been selected in the past 8 OWA events. A few past OWA awardees were present at the press conference for a brief fire-side chat at the media conference. They are Dr. Eliza Yi Wah HO FOK, Winner, 2021 OWA, Chairman of the Hong Kong Breast Cancer Foundation; Prof. Helen MENG, Winner, 2017 OWA, Patrick Huen Wing Ming Professor of Systems Engineering & Engineering Management, The Chinese University of Hong Kong and Dr. Rebecca LEE, Winner, 1999 OWA, Founder of Polar Museum Foundation. While sharing their key to success, they also encourage women from different fields to come forward and join the award scheme.

Ms. Marina Wong, Founding President of HKWPEA, announced the 2026 OWA Judging Panel composition:

  • Mr. Benjamin HUNG Pi Cheng, BBS, JP, President, International for Standard Chartered (Head Judge)
  • Ms. Agnes CHAN Sui Kuen, BBS, Chairman, Hong Kong General Chamber of Commerce
  • Ms. Teresa KO Yuk Yin, BBS, JP, Former Senior Partner, Hong Kong and China Chairman, Freshfields
  • Hon. Jeffrey LAM Kin Fung, GBM, GBS, JP, Member of the Executive Council
  • Professor Charles NG Wang Wai, PhD, Vice-President for Institutional Advancement, The Hong Kong University of Science and Technology
  • Dr. Rosanna WONG Yick Ming, DBE, JP, Senior Advisor, The Hong Kong Federation of Youth Groups

Independent Advisor:

Professor Andrew CHAN Chi-fai, SBS, JP, Emeritus Professor, Department of Marketing, The Chinese University of Hong Kong Business School

Since the inception in 1999, the award has achieved recognition in selecting women who provide outstanding examples to business leaders, peers and youth alike, in their high standard of integrity and ethical values. HKWPEA was established in 1996 as a non-profit organization by a group of local women professionals and entrepreneurs. They have come together to develop a strong support network, to create practical and innovative learning and business opportunities for themselves and for others, to promote high professional standards, and to respond to consultations of the HKSAR Government on various policy issues.

HKWPEA website: https://www.hkwpea.org/

QR

Special thanks to Hong Kong Economic Times, our Media Partner

Hashtag: #HKWPEA

The issuer is solely responsible for the content of this announcement.

Outstanding Women Professionals and Entrepreneurs Award

Past Winners of Outstanding Women Professionals and Entrepreneurs Award

1999

Professor Rosie Young, Dr. Polly Cheung Suk-yee, Ms. Rebecca Lee Lok-sze,
Ms. Augusta Chui, Ms. Chong Kin-wo, Mrs. Anna Sohmen

2002

Professor Felice Lieh Mak, Professor Hu Shiu-ying, Ms. Rita Chan Pui-kwan,
Ms. Ella Cheong Shuk-ki, Ms. Mary Ma Xue-zheng, Dr. Magdalena Wong Man-kun

2005

Professor Nancy Y Ip, Ms. Vivien Chen, Professor Grace W K Tang, Ms. Sandy Yip Fung-ying, Ms. Vivienne Tam, Ms. Chiang Lai-yuen

2008

Professor Karen Lam Siu-Ling, Professor Vivian Yam Wing-Wah, Ms. Yao Jue,
Ms. Eleanor Law Kwai Chun, Ms. Bianca Ma Kin San, Ms. Deborah Wan Lai Yau

2011

Dr. Edith Mok Kwan Ngan Hing, Ms. Starry Lee Wai King, Mrs. Margaret Leung,
Dr. Margaret Chung Wai Ling, Ms. Gao An Feng, Ms. Wong Siu Ling

2014

Ms. Susanna Chiu Lai-kuen, Professor Leung Suet-yi, Ms. Nancy Sit Ka-yin,
Ms. Daisy Poon, Mrs. Annie Tse Yau On-yee, Mrs. Viola Wong Ho Suk-ying

2017

Professor Pascale Fung Ngan, Professor Helen Meng Mei-ling, Ms. Judy Chan, Professor Karen Chan Ka-yin and Dr. Jane Lee Ching-yee

2021

Ms. Ashley Galina DUDARENOK, Dr. Eliza Yi Wah HO FOK, Ms. Vivian Ying Shih LEE, Prof. Christine Kung-wai LOH, Ms. Winnie Wan Chi TAM, Ms. Jennifer Yuen Chun TAN

Arabian Post Staff -Dubai Tehran has reopened the Strait of Hormuz to limited maritime traffic but declared that only Chinese ships may pass through the strategic waterway, warning that any other vessel attempting an unauthorised crossing could face military action as the war between Iran, the United States and Israel entered its fifth day. Iranian authorities said the decision to permit Chinese vessels was a “gesture of […]

China has announced plans to send a special diplomatic envoy to the Middle East as Beijing seeks to mediate escalating hostilities linked to military strikes on Iran and retaliatory attacks across the region. Foreign minister Wang Yi said the envoy would travel to several regional capitals to promote dialogue and reduce tensions following a widening confrontation involving Iran, Israel and the United States. The move marks one […]

Matein Khalid Five days of continuous Israeli and US bombing of Iran, the killing of Ayatollah Khamenei and at least five dozen other senior military and political leaders of the Islamic Republic, the de facto closure of tanker traffic in the Strait of Hormuz, the shutdown of Saudi Arabia’s Ras Tanura refinery and the world’s biggest LNG complex in Qatar, as well as retaliatory drone and missile attacks by Iran on airports, seaports, […]

HONG KONG SAR – Media OutReach Newswire – 4 March 2026 – The inaugural “Study in Hong Kong” Week (February 23 to March 1) was successfully launched to promote the city’s attractiveness as a destination for students around the world to pursue higher education.

A major highlight was the prestigious Asia-Pacific Association for International Education (APAIE) 2026 Conference and Exhibition, which ranks among the world’s top three international higher education conferences. The event attracted over 3,500 leading international education professionals to explore the latest trends and critical issues in higher education.

Speaking at the opening ceremony of APAIE 2026, the Hong Kong Special Administrative Region (HKSAR)’s Secretary for Education, Dr Christine Choi said, “To further promote higher education in Hong Kong to the world, we are dedicating this week as the ‘Study in Hong Kong’ Week, during which we will share our success stories and connect more closely with partners worldwide.”

HKSAR's Secretary for Education, Dr Christine Choi (second row, ninth left), visits the "Study in Hong Kong" Pavilion at the APAIE with other guests
HKSAR’s Secretary for Education, Dr Christine Choi (second row, ninth left), visits the “Study in Hong Kong” Pavilion at the APAIE with other guests

“Under the “one country, two systems” principle, Hong Kong enjoys the distinctive advantages of being part of China with strong support from our Motherland and at the same time being centrally located in Asia.

“Our universities are globally recognised, with five of them within the world’s top 100 and Asia’s top 20. Hong Kong claimed all top four spots in the ranking of the world’s most international universities last year. Indeed, one in every four of our students come from outside Hong Kong. The proportion is even higher for academic staff, with around 70 per cent from elsewhere.”

Held under the theme “Asia-Pacific Partnerships for the Global Good”, APAIE 2026 featured pre-conference workshops, summit forums, keynote speeches, and exchange activities.

Dr Choi met with education officials and representatives from various regions on international education development trends and co-operation. She held separate meetings with the State Secretary of the Ministry of Education, Research, Development and Youth of the Slovak Republic, Mr Róbert Zsembera, and the Director General of the International Cooperation Department of the Ministry of Education and Training of Vietnam, Dr Nguyen Thu Thuy, to exchange views on the development, co-operation, and promotion of international higher education.

Dr Choi also toured the “Study in Hong Kong” Pavilion, where she learned about the promotional efforts of University Grants Committee (UGC)-funded universities and how they expand international networks to recruit students from various regions for study and exchange in Hong Kong. She also visited other booths at the exhibition, exchanging views on higher education development with representatives from various countries and regions.

Dr Choi noted that Hong Kong, as Asia’s world city, possesses advantages in global connectivity, world-class infrastructure, and rich cultural experiences that attract outstanding talent.

During the Week, UGC-funded universities hosted campus tours, allowing overseas guests to experience first-hand the fusion of diverse cultures from different regions. Universities also organised student exchange activities to foster friendships among international students from different regions, deepen their understanding of Hong Kong, and help them better integrate into local campus life.

“While Hong Kong is highly popular among students from the Chinese Mainland, those from other parts of the world, especially in the Association of Southeast Asian Nations (ASEAN) and Belt and Road countries or regions, have increased significantly in recent years,” Dr Choi said.

“As we welcome more non-local students to our schools and universities, we hope Hong Kong can serve as a springboard for them to engage with the Chinese Mainland and the wider Asia-Pacific, and as a pathway to widen collaborations across this vibrant region.”

Hashtag: #hongkong #brandhongkong #asiasworldcity #StudyinHongKong #Asia-PacificAssociationforInternationalEducation #APAIE





The issuer is solely responsible for the content of this announcement.

The following announcement was issued today to a Regulatory Information Service approved by the Financial Conduct Authority in the United Kingdom.

DFI RETAIL GROUP HOLDINGS LIMITED
2025 PRELIMINARY ANNOUNCEMENT OF RESULTS

Highlights
  • Underlying profit reached the high-end of guidance at US$270 million, up 35% year-on-year
  • Reported profit of US$235 million, up US$480 million year-on-year
  • Health and Beauty delivered strong like-for-like (LFL) sales and profit growth
  • Convenience returned to profit growth in the second half of 2025, supported by a favourable mix shift towards higher-margin, non-cigarette categories
  • Strengthening value-driven, omnichannel proposition in Food and Home Furnishings
  • Divestments of Yonghui, Robinsons Retail and Singapore Food underscored the Group’s transition from a portfolio to a focused operating company and strengthened balance sheet to a net cash position
  • Returned approximately US$740 million to shareholders for the full year 2025, including a US$600 million special dividend
  • Final dividend of US¢10.50 per share based on a new 70% payout policy announced in December 2025

“Effective execution of our strategy drove strong financial performance and higher shareholder returns in 2025, despite a challenging retail environment. Our significant progress made in portfolio simplification creates investment capacity for strategic priorities, enabling greater value for our customers and accretive inorganic opportunities to drive sustainable growth and returns.”

Lincoln Pan
Chairman

DFI FY2025 table.jpg

DFI RETAIL GROUP HOLDINGS LIMITED
PRELIMINARY ANNOUNCEMENT OF RESULTS
FOR THE YEAR ENDED 31 DECEMBER 2025
INTRODUCTION
It is my honour and privilege to join DFI Retail Group (‘DFI’ or the ‘Group’) as Chairman of the Board, supporting Group Chief Executive, Scott Price, and his leadership team in executing its strategic priorities and delivering shareholder returns. On behalf of the Board, I would also like to express our gratitude to John Witt for his invaluable contributions to DFI over many years.

As Asia’s leading multi-format retail platform, DFI has a unique set of assets – strong customer trust, an extensive store network across markets, deep data insights from a powerful loyalty programme, and a strengthening Own Brand portfolio – that will serve as a foundation for growth over the coming years.

Amid macroeconomic volatility and evolving consumer needs, the Group has been responding effectively through a stronger value proposition and enhanced omnichannel capabilities. This strategy is yielding early and encouraging results, demonstrated by a 35% increase in underlying profit in 2025. We remain particularly optimistic about the growth prospects in Health & Beauty and Convenience, as well as the opportunities emerging in digital.

I am confident that under the capable leadership of Scott and his team, DFI will continue to deliver retail excellence to customers across Asia while driving long-term value creation and growth.

Under a new 70% dividend payout policy announced in December 2025, the Board recommends a final dividend of US¢10.50 per share (2024 final dividend: US¢7.00).

STRATEGIC HIGHLIGHTS
Over the course of 2025, the Group executed effectively against its strategic framework of Customer First, People Led, Shareholder Driven. This approach enables DFI to navigate market challenges while capturing opportunities that build on its strong platform for sustainable growth.

The retail landscape is rapidly evolving, driven by shifting consumer behaviour and digitalisation. The Group remains focused on strategic priorities that place customers first – delivering quality, value and convenience in everyday moments. Across its businesses, the Group made good progress in strengthening value propositions, expanding customer reach in growth markets, driving deeper customer engagement with data-driven insights and accelerating digital monetisation. These initiatives enhance its ability to better serve customers and supplier partners while delivering returns to shareholders.

Investing in talent development remains at the top of the agenda. During the year, the Group achieved an improved team member engagement score. Inclusive leadership, a purpose-driven culture and engaged team members are critical to driving stronger performance and delivering exceptional customer experience. In parallel, the Group continues to enhance its organisational agility in meeting customer needs while reducing overhead costs.

In 2025, the Group completed the divestments of minority stakes in Yonghui and Robinsons Retail, as well as Singapore Food business, enabling reinvestment in subsidiary businesses and strategic priorities with stronger growth and return potential. This approach, combined with a sharpened business focus and a strengthened balance sheet, delivered a total shareholder return exceeding 90% in 2025, including the distribution of a US$600 million special dividend in October.

PROSPECTS
Transformation is an ongoing journey for today’s retailers. Serving diverse communities across Asia, where economic conditions and consumer expectations vary widely, the Group must stay agile and locally relevant guided by a customer-first mindset and a disciplined focus on growth opportunities that further build on its competitive advantages. Over the year, DFI has invested in delivering better outcomes for customers through price reinvestment, Own Brand innovation, omnichannel expansion and data-driven personalisation – focus areas that will remain central to its growth plans in the years ahead. An expanded digital ecosystem also unlocks new avenues to drive deeper value for supplier partners and enhance shareholder returns.

I would like to end by expressing the Board’s appreciation to our team members. We could not be more proud of the work they have done over the year, particularly in responding to the deeply tragic Tai Po fire in Hong Kong. Their unwavering dedication to serving our customers across Asia is what will continue to drive our business forward and build long-term value for shareholders.

Lincoln Pan
Chairman

GROUP CHIEF EXECUTIVE’S REVIEW
INTRODUCTION
We are pleased to close 2025 on a strong note, with underlying profit attributable to shareholders up 35% year-on-year to US$270 million, reaching the high end of our guidance range. This strong performance was driven by a recovery in LFL subsidiary sales, improved margins and proactive portfolio actions, including the divestment of our minority stake in Yonghui.

Customers across Asia, including in our home market of Hong Kong, are increasingly seeking quality and convenience at great value. While macro challenges remain, we are encouraged to see early signs of recovery in key retail segments, including 3% growth in health and beauty sales in Hong Kong, supported by a 12% increase in tourist arrivals. As Asia’s leading multi-format omnichannel retail platform, we are uniquely positioned to meet customers’ evolving needs effectively across all channels through relevant and compelling customer propositions.

With a renewed focus on balancing profitability with capital discipline, the Group ended the year in a net cash position, after distributing a US$600 million special dividend, and delivered a significantly improved return on capital employed (ROCE) of 9.4%. Our strengthened balance sheet allows us to reinvest for growth as we deepen our focus on higher-return subsidiary businesses and strategic priorities that sustain value creation for shareholders. For the full year 2025, we returned a total of approximately US$740 million to shareholders, including the special dividend.

In December, we held our inaugural Investor Day where DFI announced a new dividend policy with an increased payout ratio of 70%. Dividends paid during the year, combined with a share price increase of more than 70%, resulted in a total shareholder return exceeding 90% in 2025. We also outlined our three-year plan for realising our financial ambitions and accelerated growth goals, including a target of US$310-350 million in underlying profit (representing 11% CAGR at the mid-point compared to 20251) and an improved ROCE of at least 15% by 2028.

As we enter the new financial year, we remain firmly focused on executing our strategic priorities to drive sustained, profitable growth.

STRATEGIC DELIVERABLES – KEY PROGRESS
Over the past year, we have made significant progress in our transformation from a portfolio business into a strategically focused operating company. We have been advancing our strategy across five key deliverables to create greater value for our customers, supplier partners and shareholders.

Retail Excellence
By delivering best-in-class customer propositions, we see a wide range of opportunities for driving higher store sales density and market share gain across all business segments.

Health & Beauty
Mannings and Guardian continue to strengthen their position as the trusted advisor for wellness, unlocking strong cross-category growth opportunities through an assortment with high functional value across supplements, derma skin care and hair care. Customers across Asia are increasingly shifting to retailers that best fulfil their broad, diverse and unique wellness goals. Our technology-enabled personalised services – including skin, scalp and health assessments – drive higher purchase conversion and basket size by deepening customer understanding of their wellness needs. These capabilities will be expanded to 25% of our Health & Beauty store network to enhance our competitive differentiation and leadership in wellness.

Convenience
7-Eleven is broadening its shopper missions towards higher-margin, non-cigarette categories with a strategic focus on ready-to-eat (RTE) offerings, which accounted for 24% of Convenience sales in 2025. Across markets, consumers are seeking more convenient, high-quality and value-driven meal solutions. The expansion of Food Bars to 1,250 locations in South China and the rollout of RTE-focused store revamp across the entire Hong Kong network by 2028 will further strengthen 7-Eleven’s RTE proposition.

Food
Given consumers’ pivot towards value, continued northbound travel and increasing competition from Chinese mainland e-commerce platforms, the Wellcome team has focused on enhancing food basket value for customers by advancing our Everyday Low Price strategy. Investment in reduced pricing through strategic direct sourcing of core basket items, particularly in fresh, has resulted in a 2% growth in volume driven by higher footfall and increased items per basket. Direct sourcing allowed us to reduce prices while protecting gross profit, resulting in a 30-basis point gross margin improvement. These efforts further supported the narrowing basket price gap compared to the Greater Bay Area to a currently low single-digit price difference2.

Home Furnishings
Similar to Food, IKEA has focused on enhancing its affordability and accessibility by reinvesting in the pricing of high-volume products, broadening the range of entry price points, rationalising the tail of slow-selling assortment, and further expanding digital touchpoints through third-party marketplaces. We are also strengthening IKEA Food as a key draw for customers seeking exciting and affordable food experiences as part of their store journey. These efforts are supported by significant cost transformation initiatives across our operating markets.

Own Brand
Our reset in Own Brand strategy across Food and Health & Beauty is driving higher customer loyalty and sales penetration through greater exclusivity and value. By refining our product range to align closely with customer needs and maximising cross-selling across our formats, we achieved meaningful improvements in margins and sales productivity.

Access to Customers
We continue to strategically expand our network in high-growth, profitable markets, primarily through a capex-light franchise model, with 114 net new openings3 in 2025. In particular, we will deepen 7-Eleven’s presence in Guangdong province to around 2,400 stores and expand Guardian’s footprint in Indonesia to approximately 750 stores by 2028.

Omnichannel and Data Ecosystem
DFI’s expanded omnichannel ecosystem is elevating our relevance and engagement with customers, providing us deep data insights across daily consumer needs that few peers in Asia can match. This ecosystem now allows our customers to engage with DFI brands across more than 90 digital channels, including apps, websites, third-party marketplaces, quick-commerce partnership with food delivery platforms and click-and-collect services. Our strengthened digital proposition was underpinned by a 140-basis point increase in online sales penetration to 6.4%4 as at year-end 2025, with order volume more than doubled year-on-year. Our overall digital ecosystem, comprising e-commerce, retail media, insights monetisation and yuu, continues to drive improved financial returns for the Group.

Retail Media (DFIQ Media)
Positioned to become Asia’s leading omnichannel retail media network, DFIQ Media offers a differentiated online and offline advertising proposition, enabling brands to execute cross-format campaigns through our digital assets and more than 10,000 in-store digital screens across markets. DFIQ Media delivered strong sales growth, albeit from a low starting base, achieving a fourfold increase in revenue over 2024, supported by proprietary data insights from over 7 million monthly active users across our growing digital portfolio.

DFIQ Portal

We aim to empower our supplier partners with actionable insights that drive greater business impact and better outcomes for customers. The DFIQ Portal – a vendor platform combining DFIQ Media, DFIQ Insights and trade capabilities – was launched in December 2025, providing suppliers real-time access to critical analytics that enables optimised inventory management and more effective strategic planning.

Retail Analytics
Leveraging cross-format data insights from over 5 million yuu Rewards members in Hong Kong, we continue to enhance our assortment and promotional decisions to help expand both in-store sales and gross profit.

Lean & Agile Model
Maintaining a lean and agile operating model is essential to ensuring efficient decision-making in a rapidly evolving retail landscape. Continued cost optimisation and better product sourcing will support both strategic price reinvestment and sustainable margin expansion in the coming years. Overhead reductions are expected to translate into lower SG&A costs beginning 2026. We remain disciplined in capex, driving network growth primarily through a franchise model with a strong focus on paybacks.

Strategic pivot from portfolio to a focused operating company
We conduct strategic reviews of our businesses guided by return on capital and total shareholder return priorities. During the year, we completed the divestment of our minority stakes in Yonghui and Robinsons Retail, as well as our Singapore Food business, generating total gross proceeds of approximately US$1 billion in cash consideration. In line with our capital allocation priorities, these proceeds were redeployed towards debt repayment, resulting in a net cash position of US$70 million as at year-end 2025. In addition, a special dividend of US$600 million was distributed to shareholders in October 2025. The Group remains focused on maximising total shareholder return while maintaining strategic flexibility for inorganic growth opportunities that are accretive to long-term shareholder value.

2025 PERFORMANCE
Total revenue from subsidiaries in 2025 was US$8.9 billion, up 1% on a LFL basis, excluding cigarettes. Organic revenue, excluding divested businesses5 for the comparable period, grew 0.5%. Strong sales growth in the Health & Beauty division was offset by lower contributions from other segments.

Excluding the impact of the minority stake divestments in Yonghui and Robinsons Retail completed in 2025, total revenue for the Group, including 100% of associates and joint ventures, remained broadly stable.

The Group reported total underlying profit attributable to shareholders of US$270 million for the year, up 35% year-on-year. This was supported by improved profitability from subsidiary businesses, lower financing costs and higher underlying profit from associates following the divestment of Yonghui.

Underlying profit from subsidiaries was US$183 million, 15% higher than the prior year. This was driven by strong Health & Beauty performance in addition to earnings recovery in Singapore Food and Home Furnishings segment, partially offset by lower contribution from Convenience due to reduced cigarette volume.

The Group’s share of underlying profit from associates was US$88 million, an improvement of US$45 million compared to the prior year, primarily due to the divestment of minority stake in loss-making Yonghui and higher contribution from Maxim’s as a result of improved mooncake sales and restaurant performance in Southeast Asia. Despite challenging trading conditions in Hong Kong and Chinese mainland, Maxim’s delivered profit growth in these regions through cost optimisation.

The Group reported operating cash flow after lease payments of US$430 million, 30% higher than the prior year, supported by underlying operating profit growth. Free cash flow6 for the period was US$281 million, up 78% year-on-year. As at 31 December 2025, the Group’s net cash was US$70 million, compared to US$468 million net debt at 31 December 2024.

SUSTAINABILITY
We remain firmly committed to our purpose to sustainably serve Asia for generations with everyday moments – with a focused, balanced, collaborative approach taking into account the macroeconomic environment and consumer sentiment. We are driving progress on our pathway to reduce our Scope 1 and 2 emissions by 50% by 2030 from a 2021 baseline, with our targeted investments in refrigerant emissions management, energy efficiency, and behaviour-change initiatives across our operations gaining momentum throughout the year. From 2025 to 2030, we will further increase the share of renewable energy use in our portfolio, helping to accelerate the energy transition in the key markets where we operate.

As advocates for our customers and the communities we serve, we are committed to delivering affordable, sustainable products. In 2025, we delivered 380 tonnes of Own Brand low-carbon rice to our Hong Kong markets and added multiple products through our Grounds to Green programme to our 7-Eleven RTE range. These award-winning initiatives demonstrate our ability to anticipate customer expectations and deliver on market demands. We maintained strong discipline in waste and packaging management, keeping us on track to meet our 2030 targets.

BUSINESS REVIEW

HEALTH AND BEAUTY
Sales for the Health and Beauty division grew 7% year-on-year or 5% on an LFL basis to US$2.6 billion. Underlying operating profit was US$228 million for the year, representing an increase of 8% compared to 2024.

Both Mannings and Guardian achieved strong LFL sales performance, supported by growing wellness sales penetration towards the mid-term target of over 35%. To further strengthen our leadership in wellness – a cross-category opportunity spanning health, beauty and personal care – Mannings and Guardian complemented their wellness-focused assortment with in-store health, skin and scalp assessments in selected outlets. Our personalised consultations and tailored product recommendations deepen our engagement with customers, supporting larger basket sizes and higher purchase conversion.

In Hong Kong and Macau, LFL sales increased by 5%, driven by strong growth in tourist store sales from higher arrivals. Own Brand strategy reset resulted in a 35% improvement in gross profit per SKU through a refined product range that better aligns with customer needs. Sales of Mannings China declined due to the closure of majority of its offline store network as the business pivots towards a cross-border e-commerce model.

Guardian in Southeast Asia reported 5% LFL sales increase, driven by growth in basket sizes across key markets and an expanding e-commerce presence, including the Guardian Malaysia loyalty programme launched in March 2025 and a new Guardian Singapore app in July 2025. Indonesia and Vietnam delivered LFL sales growth exceeding 10%, supported by strong traffic gains. Gross margin expansion and operating leverage contributed to operating profit growth of 16% in the region.

CONVENIENCE
Total Convenience sales were US$2.3 billion, representing a decline of 2% year-on-year or 3% on an LFL basis, due to lower-margin cigarette volume reductions following tax increases in Hong Kong in February 2024. Excluding cigarettes, overall Convenience sales grew 1% compared to 2024 and were marginally lower on an LFL basis. Underlying operating profit was US$97 million, down 6% year-on-year. Favourable sales mix shift towards higher-margin non-cigarette categories drove a return to a positive profit growth in the second half of 2025.

In Hong Kong, the Group expects to mitigate financial impact from declining cigarette sales in 2026 and beyond through continued growth in higher-margin non-cigarette categories, including RTE which accounted for 18% of sales for the full year, up from 16% in 2024.

7-Eleven Singapore reported robust LFL sales growth driven by a stronger RTE proposition and effective promotional campaigns. In South China, continued store network expansion through a capex-light franchise model, including 99 net increase in store number, contributed to 3% sales growth. LFL sales, however, were down 2% largely due to intense subsidy competition from food delivery platforms, primarily in the first half of the year. The focus remains on driving footfall through innovative RTE and Food Bar expansion to 1,250 stores by the end of 2028, compared to 325 as of year-end. Both markets saw meaningful profit growth, supported by a favourable product mix shift and disciplined cost control.

FOOD
Reported sales for the Food division were US$3.0 billion, remaining stable compared to 2024 on an LFL basis. Underlying operating profit reached US$62 million for the year, up 6% year-on-year, driven by earnings recovery in Singapore Food following the distribution of government consumption vouchers in 2025.

In Hong Kong, the Wellcome team strengthened its fresh and value proposition through pricing reinvestment supported by strategic direct sourcing. These efforts included a new partnership with Dingdong Maicai (DDL) since May 2025 for a wider selection of price-competitive fresh produce, as well as the Everyday Value campaign launched in September 2025, offering up to 40% savings on 100 core basket items. The team also accelerated omnichannel growth through broader digital channels – including a quick-commerce partnership with foodpanda and click-and-collect services – and a shortened delivery time to same or next day delivery, driving a more than 20% sales growth in Hong Kong Food online sales. Despite a 1% LFL sales decline compared to the prior year, total volume grew 2% driven by increased transactions and items per basket.

Southeast Asia Food sales performance benefited from multiple rounds of government consumption voucher distribution in Singapore during the year, including S$800 vouchers for each household and S$600 vouchers for individuals in celebration of the nation’s 60th anniversary. These vouchers, which were redeemable at supermarkets and heartland merchants, drove stronger sales in the Food segment. Convenience and Health & Beauty did not see a similar uplift in sales as the vouchers were not applicable to these outlets. Divestment of Singapore Food business was completed in early December 2025. Post-completion, the Group continues to serve the Singapore market through its Guardian and 7-Eleven brands. As the only nationwide modern trade operator in Cambodia, Lucky reported robust LFL sales growth with strong margin expansion on scale benefits.

HOME FURNISHINGS
IKEA reported sales of US$677 million, down 3% year-on-year and 5% on an LFL basis, compared to an 11% LFL sales decline in 2024. Operating profit was US$26 million, representing a meaningful improvement from US$16 million in the prior year, driven by effective cost control measures across markets.

Amid a challenging macro environment and reduced consumer demand for big-ticket items due to subdued real estate market activity, the IKEA team has prioritised enhancing its value proposition and omnichannel presence. Key initiatives include price reductions on high-volume products, rationalisation of non-core assortment, and a broader range of entry price points. In Indonesia, the team has further expanded digital partnerships with third-party marketplaces to improve accessibility, supporting continued progress towards its overall online sales penetration target of 18-20% by 2028. IKEA Food remains a critical traffic and revenue driver, representing 14% of total sales.

These combined with significant cost optimisation efforts in labour, supply chain and infrastructure across markets contributed to a US$10 million improvement in overall profitability.

RESTAURANTS
The Group’s share of Maxim’s underlying profits was US$72 million in 2025, an increase of 9% year-on-year, supported by resilient sales of US$3.1 billion, up 0.4% year-on-year, and ongoing cost optimisation. Improved mooncake sales during the mid-autumn festival and stronger restaurant performance in Southeast Asia was offset by challenging trading environment in Hong Kong and the Chinese mainland. Cost management in these markets also supported overall profit growth. During the year, Maxim’s continued to expand its Southeast Asia network with 84 net new stores added, mainly in Thailand and Vietnam.

OUTLOOK
2025 marked a year of strong progress for DFI, with the strategic reset across our businesses driving improved underlying profitability in both subsidiaries and associates, a stronger ROCE and enhanced shareholder returns. Our strengthened balance sheet and disciplined use of capital provides capacity to reinvest for growth both organically and inorganically, laying a strong foundation as we pursue our financial ambitions of achieving a US$310-350 million underlying profit (+11% CAGR at midpoint compared to 20257) and a 7-10% online sales mix by 2028.

At our inaugural Investor Day, we outlined clear strategic priorities which include strengthening our value proposition, enhancing omnichannel capabilities, accelerating Own Brand innovation, deepening digital monetisation, and leveraging data to deliver better outcomes for both customers and supplier partners.

For the full year of 2026, the Group expects organic revenue growth of approximately 2-3%8 and underlying profit attributable to shareholders to be between US$270 million and US$300 million. Excluding the divestment impact of Singapore Food and Robinsons Retail, this would represent a year-on-year growth of 13-25%.

Looking into 2026 and beyond, I am confident that DFI has developed a renewed foundation as we execute against our strategic priorities to deliver sustained, profitable growth, drive market share gains across our formats and generate long-term returns for our shareholders.

Scott Price
Group Chief Executive

—————–
1 Excluding Singapore Food business and minority stake in Robinsons Retail upon completion of divestment in 2025
2 Based on a third-party assured price comparison of a 200-item comparable basket between DFI and Greater Bay Area

3 Excluding Singapore Food. Divestment of business was completed in early December 2025.
4 Excluding Singapore Food, cigarettes under Convenience and IKEA food
5 Excluding financial contribution from Singapore Food (December 2024) and Hero Supermarket (2024) for comparison purpose
6 Free cash flow is equivalent to cash flows from operating activities after lease payments minus normal capital expenditure

7 Excluding Singapore Food business and minority stake in Robinsons Retail upon completion of divestment in 2025
8 Excluding Singapore Food business

Hashtag: #DFIRetailGroup #Mannings #Guardian #7-Eleven #Wellcome #MarketPlace #IKEA #yuu #Maxim’s

The issuer is solely responsible for the content of this announcement.

DFI Retail Group

DFI Retail Group (the Group) is a leading Asian retailer, driven by its purpose to ‘Sustainably Serve Asia for Generations with Everyday Moments’.

At 31 December 2025, the Group and its associates operated 7,580 outlets across 12 markets, of which 5,529 stores were operated by subsidiaries. The Group, together with associates, employed over 79,000 people, with some 42,000 people employed by subsidiaries. The Group had reported revenue of US$8.9 billion in 2025.

The Group is dedicated to delivering quality, value and service to Asian consumers through a compelling retail experience, supported by an extensive store network and highly efficient supply chains.

The Group and its associates, operates a portfolio of well-known brands across five key divisions. The principal brands are:

Health and Beauty
• Mannings on the Chinese mainland, Hong Kong and Macau S.A.R.; Guardian in Brunei, Indonesia, Malaysia, Singapore and Vietnam.

Convenience
• 7-Eleven in Hong Kong and Macau S.A.R., Singapore and Southern China.

Food
• Wellcome and Market Place in Hong Kong S.A.R.; San Miu in Macau S.A.R.; Lucky in Cambodia.

Home Furnishings
• IKEA in Hong Kong and Macau S.A.R., Indonesia and Taiwan.

Restaurants
• Hong Kong Maxim’s group on the Chinese mainland, Hong Kong and Macau S.A.R., Cambodia, Laos, Malaysia, Singapore, Thailand and Vietnam.

The Group’s parent company, DFI Retail Group Holdings Limited, is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s businesses are managed from Hong Kong. DFI Retail Group is a member of the Jardine Matheson group.

Barcelona set the stage for a decisive shift in telecoms strategy as leading network vendors and chipmakers used Mobile World Congress 2026 to outline how artificial intelligence will be embedded at the core of 6G systems, signalling a move beyond incremental 5G upgrades towards a fully software-defined, AI-native architecture. Executives from Nokia, Ericsson and Intel presented live demonstrations, new research partnerships and early field deployments aimed at […]

Pioneering World-First AI Retinal Scan for Early Detection and Proactive Prevention of Cognitive Decline

HONG KONG SAR – Media OutReach Newswire – 2 March 2026 – AIA Alta Club, an exclusive membership programme for high-net-worth customers by AIA Hong Kong, announced the launch of the Brain Health Programme.* Featuring a world-first AI-driven retinal imaging health management solution, the programme makes AIA Hong Kong the first insurer in the market to offer this innovative, proven screening experience.

AIA Alta Club, an exclusive membership programme for high-net-worth customers by AIA Hong Kong, announced the launch of the Brain Health Programme, featuring a world-first AI-driven retinal imaging health management solution, which makes AIA Hong Kong the first insurer in the market to offer this innovative, proven screening experience.
AIA Alta Club, an exclusive membership programme for high-net-worth customers by AIA Hong Kong, announced the launch of the Brain Health Programme, featuring a world-first AI-driven retinal imaging health management solution, which makes AIA Hong Kong the first insurer in the market to offer this innovative, proven screening experience.

The Brain Health Programme provides a non-invasive and highly accurate solution for early detection of cognitive conditions, effectively enabling early identification and proactive prevention of cognitive decline. More than a screening service, the programme provides personalised coaching and tailor-made, science-backed wellness plans targeting cognitive health based on each member’s evaluation. Each member receives customised guidance that is not just preventive, but transformative.

Dementia leads to the loss of daily self‑care ability and is among the top three retirement concerns,1 with care reaching around HK$200,000 annually.2 In Hong Kong, one in three people aged over 85 lives with significant impairment.3

By positioning cognitive health as one of the core pillars of healthspan, AIA Alta Club empowers its members to take charge of their wellbeing and enjoy longer, more fulfilling lives. The programme pioneers the world’s first AI-powered retinal imaging technology for brain health, a non-invasive retinal scan with up to 92% accuracy. The technology was developed by i-Cognitio Sciences, a research-based company originating from The Chinese University of Hong Kong (CUHK), and launched through the collaboration of AIA Hong Kong and Humansa. This makes AIA Hong Kong the first insurer in Hong Kong to offer such an innovative and reliable screening experience.

Ms Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: “Cognitive decline often begins years before symptoms appear. More than 70% of AIA Alta Club members, who are aged 40 years and above,4 see protecting brain health as a priority. Meanwhile, research shows that up to 45% of dementia cases can be prevented or delayed.5 Once the condition is detected, the programme can provide members with personalised, science-based care and coaching based on the results.”

Ms Liang added: “At AIA Alta Club, we believe longevity is about quality as much as quantity, adding life to years, not just years to life. The Brain Health Programme brings this vision to life by making cognitive health a central pillar of healthspan. By being the first insurer in Hong Kong to offer the world’s first AI-powered retinal scan for cognitive health, we are setting a new industry benchmark by integrating health, wealth and lifestyle into a truly holistic ecosystem. In addition to protecting brain health, we empower our customers to embrace genuine wellbeing and enjoy Healthier, Longer, Better Lives.”

Brain Health Programme: Combining Technology with Care

The programme combines advanced AI diagnostics with personalised support:

  • i-Cog Retinal Imaging Scan – World’s first AI-powered retinal scan for brain health
  • Montreal Cognitive Assessment 5-minute Protocol (MoCA-5) Test – A five-minute test to quickly assess memory, attention, and thinking skills
  • Comprehensive Brain Health Assessment to identify risk factors that influence brain ageing

The programme also includes wellness coaching and anti-ageing supplements that support antioxidant, anti-inflammatory, and detox functions. Each service comes with prevention strategies and medical guidance. AIA Alta Club members can redeem complimentary sessions.

Since its establishment in 2023, AIA Alta Club has been renowned for its bespoke privileges and diverse services for members to find their optimal balance of wealth and wellness. It provides science-based, personalised healthcare services and health management solutions. Through Infinite Health Programmes, launched in 2024, AIA Alta Club adopts a proactive and preventive approach, using early detection, precise measurements, and continuous monitoring to optimise physical functions, mental health, and metabolic performance.

Remarks:

  • This “Brain Health Programme” is operated by a third-party service provider – Humansa Company Limited. AIA shall not be responsible for any act, negligence or omission of medical advice, opinion, service or treatment on the part of the service(s) provided by them. AIA reserves the right to amend, suspend or terminate the service without further notice. AIA is not the service provider, or the agent of the service provider, of the Services. AIA makes no representation, warranty or undertaking as to the quality and availability of the Services, and shall not be responsible or liable for the Services provided by the service provider. Under no circumstance shall AIA be responsible or liable for the acts, omission or negligence in provision of the Services (including but not limited to diagnosis, treatment and medical and healthcare services) by the service provider.
  1. Source: AIA Hong Kong Internal data (a total of 650 Hong Kong and Chinese Mainland residents were interviewed between 17 and 24 June 2025 to understand their attitudes towards retirement life and their retirement planning.)
  2. Source: Alzheimer’s Disease International (2016). Cost of Community Care for Dementia and Cognitive Impairment in Hong Kong Chinese: Social and Informal Care Time Analysis
  3. Source: The Chinese University of Hong Kong (2017). CUHK Launches World’s First Study Utilizing Retinal Imaging for Alzheimer’s Disease Screening in Chinese Population
  4. Source: AIA Hong Kong internal data (as at Dec 31, 2025).
  5. Source: Livingston, G., Huntley, J., Liu, K.Y. , Costafreda, S.G., Selbæk, G., Alladi, S. (2024). Dementia prevention, intervention, and care: 2024 report of the Lancet standing Commission. The Lancet, 404(10452), 572-628.

Hashtag: #AIA

The issuer is solely responsible for the content of this announcement.

About AIA Hong Kong & Macau

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have about 18,000 financial planners,1 as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers,2 offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.

1 As at 30 June 2025
2 Including AIA Hong Kong and AIA Macau’s individual life, group insurance and pension customers (as at 30 June 2025)

Challenges Perceptions of Inclusion and Art

HONG KONG SAR – Media OutReach Newswire – 1 March 2026 – The eighth edition of “No Limits”, jointly presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust, officially opened on 28 February evening at the Auditorium of Kwai Tsing Theatre. The opening programme, The Nature of Why, is performed by Paraorchestra—the world’s first professional inclusive orchestra—offering audiences an immersive arts experience inspired by Nobel Prize–winning physicist Richard Feynman. Fusing live orchestral music, contemporary dance and audience interaction, the work redefines the boundaries of inclusive art.

Co-presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust The Eighth Edition of “No Limits” Opens with Performance by the World's First Professional Inclusive Orchestra of ‘The Nature of Why’ Challenges Perceptions of Inclusion and Art

Under the theme “All of Us, All Ways”, the eighth edition of “No Limits” is committed to revealing the richness of diverse values and connecting people through the arts. For the first time, “No Limits” has collaborated with two of Hong Kong’s flagship performing arts companies—the Hong Kong Dance Company and the Hong Kong Chinese Orchestra—to produce multidisciplinary inclusive programmes. These collaborations aim to inspire new perspectives, demonstrate how inclusive arts are being further integrated into Hong Kong’s cultural mainstream, and open up the limitless imagination that diversity brings.

“No Limits” 2026 presents 11 boundary-breaking programmes across music, theatre, dance and film, in a total of 29 performances. In addition to Paraorchestra’s immersive orchestral-dance production The Nature of Why, highlights include: Wayfaring Beyond, a brand-new large-scale outdoor dance work co-produced by “No Limits” and the Hong Kong Dance Company, and co-choreographed and performed with the award-winning China Hong Kong Para Dance Sport Association; Light and Shadow on Strings, co-produced by “No Limits” and the Hong Kong Chinese Orchestra, featuring visually impaired rising star erhu player Yang Enhua in a concert blending traditional and contemporary Chinese music; the Asia premiere of award-winning contemporary dance work Harmonia by Theatre Bremen and Hungarian choreographer Adrienn Hód, challenging established notions of bodily value in dance; the Asia premiere of Precarious Moves, a semi-autobiographical solo performance by Vienna-based artist Michael Turinsky that confronts social expectations and established frameworks surrounding disabled bodies; “No Limits” Asia newly commissioned theatre work Two Blind Women in the Snowy Tokugawa Nights – Sleeping Fires with renowned director Kuro Tanino; and the Asia premiere of Zer-Brech-Lich, an original playful and sensorial musical dance theatre work by Swiss-based choreographer Alessandro Schiattarella, created and performed with three disabled performers. This year, “No Limits” launches the “Local Creative Research and Development Scheme”, pairing local artists with individuals of diverse abilities to co-create new works exploring inclusive practices. The initiative injects fresh vitality into Hong Kong’s inclusive arts landscape, while research outcomes will be presented during “No Limits” 2026 to showcase the potential of inclusive arts.

Ms Sum Fong-kwang, Vivian, JP, Permanent Secretary for Culture, Sports and Tourism, said: “‘No Limits’ provides a stage for artists with different abilities to showcase their creativity and talents, fostering an inclusive community. It bridges people with different origins, backgrounds and abilities, which on the one hand enriches our arts and cultural offerings, and on the other, showcases the role of creativity as a continuous driver of societal development. I wish this year’s ‘No Limits’ resounding success, and every audience find inspiration and enlightenment through the programmes.”

At the opening ceremony, Mr Sebastian Man, Vice Chairman of the Hong Kong Arts Festival Society, said: “Since its inception in 2019, ‘No Limits’ has promoted inclusion through local and international inclusive arts performances, as well as the Jockey Club ‘No Limits’ Education and Community Outreach Programme, showcasing the remarkable talents of artists with diverse abilities. As we enter the eighth edition, we are delighted to collaborate for the first time with Hong Kong’s flagship arts companies to present two locally produced programmes that embody the spirit of diversity and inclusion. We sincerely thank The Hong Kong Jockey Club Charities Trust, co-presenter of ‘No Limits’, for its long-standing support. We also thank our Strategic Supporting Partner, Arts with the Disabled Association Hong Kong, for providing comprehensive accessibility services to ensure that everyone can experience the power of the arts. Above all, we extend our heartfelt gratitude to every participating artist for their tremendous dedication.”

Mr Nicholas D Hunsworth, Steward of The Hong Kong Jockey Club, said: “In keeping with No Limits’ theme this year “All of Us, All Ways” – a series of community programmes will be presented by artists with varying abilities to promote inclusion. It reminds us that differently abled people are not different at all, but an integral part of a diverse society. The Hong Kong Jockey Club has long supported arts and cultural projects to enrich lives and build a culturally vibrant city – as evidenced by over 50 years’ funding for the Hong Kong Arts Festival. The Hong Kong Jockey Charities Trust – in partnership with the Hong Kong Arts Festival – has co-presented No Limits since its inauguration in 2019.”

Photo Caption: (From left) Ms Ida Lam, Chairperson of the Arts with the Disabled Association Hong Kong; Mr Sebastian Man Shiu-wai, Vice Chairman, Hong Kong Arts Festival Society; Ms Vivian Sum, Permanent Secretary for Culture, Sports and Tourism; Mr Nicholas D Hunsworth, Steward of The Hong Kong Jockey Club; and Ms Flora Yu, Executive Director of the Hong Kong Arts Festival, jointly served as officiating guests for the No Limits 2026 opening ceremony.
Photo Caption: (From left) Ms Ida Lam, Chairperson of the Arts with the Disabled Association Hong Kong; Mr Sebastian Man Shiu-wai, Vice Chairman, Hong Kong Arts Festival Society; Ms Vivian Sum, Permanent Secretary for Culture, Sports and Tourism; Mr Nicholas D Hunsworth, Steward of The Hong Kong Jockey Club; and Ms Flora Yu, Executive Director of the Hong Kong Arts Festival, jointly served as officiating guests for the No Limits 2026 opening ceremony.

Building on its established practices, “No Limits” 2026 continues to advance social inclusion and talent development through a wide range of initiatives under the Jockey Club “No Limits” Education and Community Outreach Programme. These initiatives promote inclusivity and creativity, strengthen networks across the education and community sectors, and lay the foundation for a more empathetic and inclusive society. Programmes include the inclusive dance project VISION, International Symposium The Way Forward: A Humanistic–Tech Framework for Inclusive Innovation, school touring concert The Ways We Move, as well as the “No Limits” Creative Training Programme and Community Showcases.

In addition to live performances, online screening programmes include the documentary A Space in Time by Riccardo Servini and Nick Taussig, which follows a couple and their two sons born with Duchenne muscular dystrophy as they journey forward together; Sarah Polley’s Away from Her, portraying a couple of over 40 years facing early-onset Alzheimer’s disease; Taku Aoyagi’s documentary Fujiyama Cottonton, set at Mirai Farm, which serves people with disabilities, and exploring the beauty of everyday life, creativity and community; and Caroline Cavalcanti’s Lapse, a heart-warming story of two teenagers—a deaf skateboarder and a rap enthusiast—who form a bond through sign language and shared struggles.

Tickets for live performances are now available via URBTIX. Half-price concessionary tickets are offered to full-time students, people with disabilities and one companion, and Comprehensive Social Security Assistance (CSSA) recipients. (www.urbtix.hk/series/124?bannerCode=NL2026)
Community programmes are free and open to the public without prior registration. Programmes screened online will be available free of charge on the official website www.nolimits.hk from 30 March to 25 May 2026.

Extending the spirit of inclusion beyond the stage, “No Limits” has also launched a brand-new accessibility-themed plush toys collection. Purchase “No Limits” programme tickets worth HK$500 or more in a single transaction via URBTIX to receive one No Limits Inclusive Plush Toy Redemption Coupon upon ticket collection. Available while stocks last.

Arts Accessibility Services
“No Limits” collaborates with the Arts with the Disabled Association Hong Kong to enhance high-quality art projects with accessibility services and ensure that audiences with varying needs can enjoy performances without barriers. Accessibility services differ from programme to programme, and include audio description, accessible captions, sign language interpretation, theatrical interpretation, braille booklets, audio booklets, easy-to-read booklets and relaxed performances. Extra wheelchair seats may be available at the venues, and guide dogs are welcome.

For more event details, please visit the “No Limits” website: www.nolimits.hk
Click here for programme details: www.nolimits.hk/programme
Urbtix: https://www.urbtix.hk/series/124?bannerCode=NL2026

Appendix

Programme

Date Programme Performer/ Director Venue
Highlights
27 Feb – 1 Mar 2026 The Nature of Why Paraorchestra Auditorium,

Kwai Tsing Theatre

28 Feb – 1 Mar 2026 Wayfaring Beyond Hong Kong Dance Company & China Hong Kong Para Dance Sport Association Parade Ground,

Tai Kwun

13-15 Mar 2026 Zer-Brech-Lich Alessandro Schiattarella and Ensemble Black Box Theatre,

Kwai Tsing Theatre

17-18 Mar 2026 Precarious Moves Michael Turinsky The Box,

Freespace, WestK

21-22 Mar 2026 Harmonia Unusual Symptoms / Theatre Bremen / Adrienn Hód The Box,

Freespace, WestK

27-29 Mar 2026 Two Blind Women in the Snowy Tokugawa Nights – Sleeping Fires Kuro Tanino Studio Theatre, Hong Kong Cultural Centre
28 Mar 2026 Light and Shadow on Strings Hong Kong Chinese Orchestra (Chamber Ensemble)

Yang Enhua (Solo and Ensemble)

Auditorium,

Tsuen Wan Town Hall

“No Limits” International Symposium
8 Mar 2026 The Way Forward: A Humanistic–Tech Framework for Inclusive Innovation JC Cube, Tai Kwun

Online Programmes

Free screening available on “No Limits” website Programme Director
30 Mar – 25 May 2026 A Space in Time Riccardo Servini & Nick Taussig
30 Mar – 25 May 2026 Away From Her Sarah Polley
30 Mar – 25 May 2026 Lapse Caroline Cavalcanti
30 Mar – 25 May 2026 Fujiyama Cottonton Taku Aoyagi

Hashtag: #NoLimits

The issuer is solely responsible for the content of this announcement.

About the Hong Kong Arts Festival

Launched in 1973, the Hong Kong Arts Festival is a major international arts festival committed to enriching the cultural life of the city. In February and March every year, the Festival presents leading local and international artists from all genres of the performing arts, giving equal importance to great traditions and contemporary creations. The Festival also commissions and produces work in theatre, music, chamber opera and contemporary dance by Hong Kong’s own creative talents and emerging artists, many of which have subsequently had successful runs in Hong Kong and overseas. Every year, the Festival also presents more than 250 “PLUS” and educational activities that offer diverse arts experiences to the community as well as tertiary, secondary and primary school students. In addition, through the “No Limits” project co-presented with The Hong Kong Jockey Club Charities Trust, the Festival strives to create an inclusive space for people of different abilities to share the joy of the arts together.

For more information about the Hong Kong Arts Festival, please visit .

About “No Limits”

Launched in 2019 and co-presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust, “No Limits” offers barrier-free performances and events and explores and promotes inclusiveness and understanding through the arts.

Every year from February to March, “No Limits” showcases a series of fascinating programmes of music, dance, theatre and film by international and Hong Kong artists of different abilities. It also presents free film screenings as well as education and community programmes including an international symposium.

“No Limits” is committed to provide accessible in-venue performances and programmes for people with different abilities, highlighting creativity and talent in a variety of forms, spreading the message of inclusion to the society.

For more information about “No Limits”, please visit

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By Ashok Nilakantan Ayers NEW YORK: When Narendra Modi walked into the Knesset and told Israel’s parliament during his visit to Israel on February 25-26, that “peace and stability in West Asia are directly linked to India’s security,” he was doing more than delivering a diplomatic courtesy. He was planting a flag. India, under its […]

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  • Searches on Airbnb by Malaysian travelers in 2025 increased year-on-year by over 200% for check-ins during Ramadan and by nearly 50% for check-ins during Hari Raya.
  • Group travel continues to lead festive travel patterns.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 February 2026 – With Chinese New Year, Ramadan and Hari Raya falling in close succession in early 2026, Malaysians are planning ahead for meaningful reunions and shared celebrations.

Airbnb data shows that searches in 2025 by Malaysian guests for check-ins during Ramadan grew by over 200% year-on-year, reflecting heightened festive travel intent*. Searches during the same period for travel during Hari Raya also grew by nearly 50%**, as families and friends plan trips to reconnect and celebrate together.

Festive travel spreads beyond major cities

While Kuala Lumpur, Johor Bahru, Ipoh and Malacca emerged as the most popular domestic destinations during the festive season***, travel demand extended well beyond urban hubs.

Hari Raya saw growing interest in states such as Kelantan, Terengganu, Pahang and Perak, reflecting the enduring balik kampung tradition. Meanwhile, Chinese New Year saw travel dispersed even further afield to East Malaysian destinations including Kuching, Sarawak and Kota Kinabalu, Sabah***.

International travel also peaked during the festive stretch, with Malaysians leveraging public holidays for overseas getaways. Top outbound destinations searched included Tokyo and Osaka in Japan, as well as Perth, Australia.***

Togetherness drives travel behaviour – Group and family travel dominate

Whether travelling within the country or heading overseas, Malaysians continue to centre their celebrations on togetherness and shared moments. Across all three celebrations, group and family stays accounted for an average of over 80% of the searches, underscoring a clear preference for shared travel experiences.****

Searches by Malaysians for entire homes increased by an average of approximately 95% during the festive period– signalling a preference for stays that can comfortably host families and larger groups for family reunion****.

Top searched amenities for this period included pools, washing machines, Wi-Fi, parking and air conditioning, highlighting the practical considerations that shape longer festive stays***.

Amanpreet Bajaj, Airbnb’s Country Head, India and Southeast Asia, states, “Festive moments in Malaysia are deeply rooted in togetherness. With major celebrations converging this year, we’re seeing travel become an integral part of how Malaysians reconnect, whether returning home for balik kampung, gathering with extended family, or planning meaningful getaways. On Airbnb, we’re seeing strong demand for larger homes that allow families and friends to celebrate comfortably, reflecting how shared spaces continue to shape the way people travel during important cultural moments.”

*Based on Airbnb internal data of searches made between Jan-Dec 2025 by Malaysian guests for check-ins between 18-20 February 2026 vs searches made between Jan-Dec 2024 for check-ins between 1-3 March 2025

**Based on Airbnb internal data of searches made between Jan-Dec 2025 by Malaysian guests for check-ins between 20-22 March 2026 vs searches made between Jan-Dec 2024 for check-ins between 30 March – 1 April 2025

***Based on Airbnb internal data of searches made between Jan-Dec 2025 by Malaysian guests for check-ins between 16-18 February 2026 (CNY), 18-20 February 2026 (Ramadan) and 20-22 March 2026 (Hari Raya) vs searches made between Jan-Dec 2024 for check-ins between 28-30 January 2025 (CNY), 1-3 March 2025 (Ramadan) and 30 March-1 April 2025 (Hari Raya)

**** Based on Airbnb internal data of searches by Malaysian guests in 2025 for check-ins between 16-18 February 2026 (CNY), 18-20 February 2026 (Ramadan) and 20-22 March 2026 (Hari Raya) for group, family travel and entire homes.

Hashtag: #Airbnb

The issuer is solely responsible for the content of this announcement.

About Airbnb

Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and has since grown to over 5 million Hosts who have welcomed 2 billion guest arrivals in almost every country across the globe. Every day, Hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.

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