SHENZHEN, CHINA – Media OutReach Newswire – 8 October 2026 – OPPO today announced that its latest flagship smartphones, OPPO Find X10 Series, will make their global debut on October 21 in Mallorca, Spain. Built to be a “Hasselblad True-to-Life Camera”, the new series combines industry-leading camera hardware with the next-generation LUMO True Image Engine, marking a new chapter in OPPO’s pursuit of true-to-life imaging.
“Find X Series reflects our relentless pursuit of exceptional mobile imaging,” said Pete Lau, SVP and Chief Product Officer at OPPO. “Together with Hasselblad, we are taking another significant step forward with Find X10 Series, bringing true-to-life detail, color and tone to everyday photography. Simply open the camera and capture the moment as you see it, with no extra settings required.”
Find X10 Series carries forward the Find X Series’ minimalist design language with premium materials and thoughtfully crafted details. Its all-new Borderless Design features One-Piece Sculpted Glass that flows seamlessly into the camera module, softening the visual impact of the camera bump for a clean, cohesive look.
Find X10 Pro Max in Luna White draws design inspiration from classic cameras. Its LUMO Camera Island features a matte silver metallic finish and houses the new-generation True Color Camera and dual-flash system, complemented by knurled detailing and Hasselblad’s signature matte orange accent ring. Across the back, smooth matte glass meets a subtle fabric-inspired pattern in a distinctive two-tone finish.
Find X10 will be available in Glacier Blue, Glow Coral and Mist Grey, while Find X10 Pro Max will come in Titanium Grey and Luna White.
The series pairs this refined design with a major leap in imaging hardware. Find X10 features a category-first Dual 200MP Camera System co-developed with Hasselblad. Find X10 Pro Max goes even further with the industry’s first Triple 200MP Camera System, bringing 200MP sensors to the ultra-wide, main and telephoto cameras for the first time on a smartphone.
Shot on OPPO Find X10 Pro Max with the Ultra-Wide Camera
Making the most of its camera hardware is OPPO’s next-generation computational photography solution, LUMO True Image Engine. It combines OPPO’s imaging expertise with the natural tone rendering of Master Mode, supported by precise color information captured by the True Color Camera. LUMO True Image Engine delivers authentic detail, accurate color and natural tone. From nuanced skin tones and fine textures to the natural contrast of a scene, images stay true to the moment as you remember it.
Shot on OPPO Find X10 Pro Max with the 3x Telephoto Camera
Find X10 Series also brings a major upgrade to videography. On Find X10 Pro Max, all three rear cameras support 4K 120fps and 8K 30fps video recording, while Find X10 brings the same capabilities to its two 200MP cameras. Find X10 Series also introduces Open Gate Capture, using the sensor’s full imaging area to capture more of the scene and give creators greater freedom to crop and reframe the same footage for landscape, portrait and other formats in post-production.
Powering Find X10 Series are flagship MediaTek chipsets. Find X10 runs on MediaTek Dimensity 9600M, while Find X10 Pro Max is among the first smartphones to feature the 2nm MediaTek Dimensity 9600 Pro, delivering a major leap in both performance and power efficiency.
Both models feature an 8,000mAh OPPO Silicon-Carbon Battery¹, delivering up to two days of typical use on a single charge. Designed for long-term durability, the battery is also engineered to retain over 80% of its original capacity after five years of typical use.²
Find X10 Series also features the latest ColorOS 17, bringing a fresh look and smarter everyday experiences. Its new Living Flow Design combines refined visuals with fluid interactions, while AI Mind Pilot with Agent Mode connects agentic AI with files and photos on the phone, helping users complete complex tasks with a single prompt.
OPPO will reveal full specifications, pricing and availability, alongside more of the series’ latest innovations, at the global launch in Mallorca on October 21.
¹ Battery capacity may vary by market. Find X10 and Find X10 Pro Max feature a 7,150mAh battery in selected markets. ² Data from OPPO Lab. Actual battery health may vary depending on settings, usage and environmental conditions.
Hashtag: #OPPO
The issuer is solely responsible for the content of this announcement.
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HONG KONG SAR – Media OutReach Newswire – 7 October 2026 – Hong Kong has again been rated as the world’s freest economy, according to the Economic Freedom of the World 2026 Annual Report, published on October 6 by the Canada-based Fraser Institute. Hong Kong remained top among 165 jurisdictions worldwide with Switzerland in second place.
The Hong Kong Special Administrative Region (HKSAR) Government welcomed the latest report, noting that, among the five areas of assessment, the city continued to be ranked first globally in “Freedom to trade internationally” and second in “Regulation”.
“The Fraser Institute’s report once again affirms Hong Kong’s strengths as a free-market economy and its open, efficient and fair business environment,” a spokesman for the HKSAR Government said. “Amid increasing global economic uncertainties and rising trade protectionism, Hong Kong remains firmly committed to maintaining its free port status, zero-tariff policy, and simple and low tax regime, providing a secure, stable, fair, predictable and internationalised business and investment environment for investors and entrepreneurs from around the world.”
“One country, two systems” advantages
The HKSAR Government highlighted that, under the “one country, two systems” framework, Hong Kong enjoys the strong support of the Chinese Mainland and maintains close connections with the rest of the world.
“While offering convenient access to both the Chinese Mainland and international markets, Hong Kong continues to practise common law in both Chinese and English,” the spokesman said. “It also offers financial, shipping, trading and professional services that align seamlessly with international best standards, supported by an efficient government structure and a clean and professional civil service.”
These strengths enable Hong Kong to fully leverage its roles and functions as a ‘super connector’ and ‘super value-adder’, making it the best gateway for Mainland enterprises to enter international markets and for overseas enterprises to enter the Mainland.
Attracting investment and talent
So far this year, Hong Kong has continued to scale new heights in various international competitiveness rankings covering finance, innovation and technology (I&T), education and talent, reflecting wide recognition by the international community of Hong Kong’s core strengths and the HKSAR Government’s efforts to promote high-quality social and economic development.
Indeed, Hong Kong’s favourable business and living environment, coupled with the proactive and concerted efforts of the HKSAR Government and all sectors of the community, continues to attract enterprises and talent from around the world.
Last year, the number of companies in Hong Kong with parent companies overseas or in the Mainland exceeded 11,000, an increase of 11 per cent over 2024 and a record high.
The Office for Attracting Strategic Enterprises (OASES), established by the HKSAR Government in 2022, has successfully attracted over 120 strategic enterprises to date, including many global industry leaders with a market capitalisation or valuation exceeding $100 billion and possessing cutting-edge technologies.
On talent attraction, from end-2022 to August this year, over 670,000 applications were received and over 470,000 were approved under various talent admission schemes, with more than 310,000 individuals having arrived in Hong Kong.
Over the past year, Hong Kong recorded considerable growth in funds raised through initial public offerings, bank deposits and assets under management in the asset and wealth management business, reflecting international investors’ confidence in and recognition of Hong Kong.
Looking ahead
Last month, the HKSAR’s Chief Executive, John Lee, announced the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong’s First Five-Year Plan) and the 2026 Policy Address.
Hong Kong’s First Five-Year Plan states that Hong Kong will remain committed to a free and open economic system and the free flow of capital, goods, people and information, all of which are Hong Kong’s core strengths under the “one country, two systems” framework.
“These efforts will inject stronger impetus into social and economic development, open up broader development prospects for local enterprises and the public, and provide greater opportunities for enterprises, investors and talent worldwide,” the spokesman said.
Advanced Micro Devices chief executive Lisa Su met Samsung Electronics’ semiconductor leadership in Seoul on Wednesday as the US chip designer sought closer co-operation on memory and manufacturing amid persistent supply constraints driven by artificial intelligence demand.
Su held talks with Young Hyun Jun, Samsung’s vice chairman and chief executive of its Device Solutions division, during a visit to South Korea that also included discussions with SK Hynix chief executive Kwak Noh-jung. The meetings placed high-bandwidth memory, broader DRAM supplies and possible foundry co-operation at the centre of AMD’s efforts to secure capacity for its expanding AI business.
Speaking to reporters in Seoul, Su said AMD continued to explore opportunities with Samsung across both memory and contract chip manufacturing. She described Samsung and SK Hynix as critical partners for AMD’s data-centre ambitions and urged memory producers to add capacity as quickly as possible.
The talks come as shortages across parts of the memory market complicate expansion plans for chip designers and data-centre operators. Demand for high-bandwidth memory, or HBM, has surged because AI accelerators require substantially greater memory bandwidth than conventional computing processors, while strong demand has also tightened supplies of standard DRAM products.
Su said the supply environment remained tight and AMD was working with customers to optimise their memory requirements so available capacity could support more computing. She said the company had built a strong supply chain but was working with suppliers to accelerate its expansion.
AMD expects demand for AI computing to remain elevated for several years and plans to increase chip supply substantially in 2027. Su said during a stop in Taiwan this week that the company had extended its capacity-planning horizon from one or two years to between three and five years as it works with manufacturing partners.
That planning encompasses advanced wafers, packaging, substrates and memory, all of which have become potential constraints as companies race to build AI infrastructure. AMD has been expanding its Instinct accelerator business as it competes with Nvidia for spending by cloud providers and other large data-centre customers.
Samsung already occupies an important position in AMD’s supply plans. The companies signed a memorandum of understanding in March covering next-generation AI memory and computing technologies, with Samsung designated a primary HBM4 supplier for AMD’s Instinct MI455X graphics processor.
Their agreement also covers advanced DRAM products for AMD’s sixth-generation EPYC processors, code-named Venice, and its Helios rack-scale AI platform. Samsung has supplied HBM3E memory for AMD’s MI350X and MI355X accelerators, extending a technology relationship between the companies that spans graphics, mobile and computing products.
HBM4 is particularly important to the next generation of AI hardware because increasingly powerful accelerators need faster transfers of enormous datasets while controlling energy consumption. Memory manufacturers have consequently directed more investment towards HBM, leaving capacity across other memory categories under pressure.
Samsung has been seeking to increase its position in the high-margin HBM market while SK Hynix remains another major supplier to AI chip developers. Strong AI demand has supported memory prices and earnings, though the pace of conventional DRAM price increases is expected to moderate after steep gains earlier this year.
AMD’s discussions with Samsung could also extend beyond memory. Their March agreement provided for talks on a possible foundry partnership under which Samsung could manufacture future AMD products. Su said on Wednesday that AMD was continuing to examine opportunities in that area, without announcing a manufacturing contract.
The possibility would give AMD another potential production option as advanced semiconductor capacity remains heavily sought after. Taiwan Semiconductor Manufacturing Co remains a central manufacturing partner for AMD, and Su met suppliers in Taiwan before travelling to South Korea as part of her capacity discussions.
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US$10 Billion in Venture Capital Convenes to Meet Hong Kong Start-ups; Government, Business and Young Professionals Explore Opportunities in the New Economy
HONG KONG SAR – Media OutReach Newswire – 7 October 2026 – The Global Youth Powerhouse Summit 2026, organised by Hong Kong Youth Professional Global Advocacy, was held on 5 October at the Conrad Hong Kong. Now in its third edition, the Summit coincides with the release of the Hong Kong Special Administrative Region’s First Five-Year Plan for Economic and Social Development (2026–2030) and the latest Policy Address, which together set a clear blueprint for the city’s future. Anchored on these core themes and conducted entirely in English, the full-day programme focused on artificial intelligence, geopolitics, Hong Kong as an education hub, capital markets, life and health technology, and start-up financing. Government and business leaders, corporate representatives and young professionals were invited to examine Hong Kong’s strategic opportunities in the new economic landscape.
The Global Youth Powerhouse Summit 2026 brings together more than 600 young professionals, government and business leaders and corporate representatives
The Summit aims to connect young professionals with international resources, enabling participants to engage directly with industry leaders, grasp developments at the frontier of industry, and look ahead to the opportunities and challenges arising from artificial intelligence and Greater Bay Area integration. Previous editions have drawn a strong response. Across three editions, the Summit has attracted more than thousands of in-person participants and about 17,000 online participants from over 30 countries and regions, with social media reach exceeding 50 million.
This year’s Summit was the largest yet, bringing together more than 600 young professionals, government and business leaders and corporate representatives. Participants from over 60 countries and regions joined online. More than 30 distinguished speakers and moderators were invited, including officials of the Hong Kong Special Administrative Region Government and representatives of leading local and international organisations such as Huawei, the Alibaba Hong Kong Entrepreneurs Fund, Hong Kong Exchanges and Clearing Limited, Bullish and Endowus. In addition, consular representatives from up to 20 countries attended the Summit.
The Chief Executive of the Hong Kong Special Administrative Region, Mr John Lee, GBM, SBS, PDSM, PMSM, delivered a pre-recorded video speech, encouraging young professionals to seize the opportunities of the times and inject fresh momentum into Hong Kong’s high-quality development. He said: “For our young people, I firmly believe that your opportunities ahead outweigh the difficulties. The HKSAR Government will join hands with all sectors to build platforms for you to thrive in Hong Kong, in our country, and in the global arena.”
The Deputy Secretary for Justice of the Hong Kong Special Administrative Region, Dr Cheung Kwok-kwan, SBS, JP, delivered an opening keynote entitled “Opportunities for the Professional Development of Young People”, and stressed: “As the saying goes, ‘Change is the only constant’—or as our Cantopop classic famously put it, ‘變幻原是永恆’. Today, we no longer measure change in years or decades, but in months and days. For our young professionals, this fast-paced era unlocks unprecedented career horizons. By accelerating Greater Bay Area integration through our new GBA Task Force and empowering you to act as the ultimate ‘super-connectors’ and ‘super value-adders’ helping Mainland enterprises go global, we are turning rapid change into your greatest professional advantage.”
Dr Kevin Lau, MH, Founding Convenor of Hong Kong Youth Professional Global Advocacy, said: “This is more than a high-level forum. It marks a milestone in the maturing of our network of young professionals. This afternoon, venture funds managing an estimated US$10 billion in assets gathered in the room — and what they are looking at is Hong Kong’s next generation. In life and health technology, our core belief is clear: artificial intelligence can assist imaging and diagnosis, but a physician’s care, and the warmth of a human hand, can never be replaced by technology.”
Other distinguished guests included Mr Kevin Choi, JP, Permanent Secretary for Innovation, Technology and Industry; Professor Frederick Ma, GBS, JP, Chairman of the Hong Kong Trade Development Council; Ms Bonnie Y Chan, JP, Chief Executive Officer of Hong Kong Exchanges and Clearing Limited; and Mr James Chau, President of the China-United States Exchange Foundation and World Health Organization Goodwill Ambassador for Sustainable Development Goals. Mr Bryan Che, Chief Strategy Officer of Huawei, and Ms Cindy Chow, Executive Director and Chief Executive Officer of the Alibaba Hong Kong Entrepreneurs Fund, also attended in person to exchange views with young professionals.
Panel discussions
Artificial intelligence: from first-time users to advanced users The opening session began with remarks by Mr Kevin Choi, JP, Permanent Secretary for Innovation, Technology and Industry, and was moderated by Ms Stephaine Chan, Director of the Office of the Vice Chairman of Esquel Group. Panellists included Ms Ilaria Chan, Chair of the Tech For Good Institute; Mr Bryan Che, Chief Strategy Officer of Huawei; and Ms Cindy Chow, Executive Director and Chief Executive Officer of the Alibaba Hong Kong Entrepreneurs Fund. The discussion focused on whether small and medium-sized enterprises, non-governmental organisations and schools can genuinely put artificial intelligence to use, and on the talent, trust and practical-application issues Hong Kong faces in driving “AI for all”.
Mr Kevin Choi, JP mentioned: “Every major technology shift brings uncertainty. Our theme today from entry-level shock to AI-powered users building the next talent leader.”
Ms Stephaine Chan said: “Every AI conversation ends in the same place, right? More investment, better people, better models and stronger policy.”
Ms Ilaria Chan said: “These days, Al is so powerful that they can scan the Internet and social media and find vulnerable young people or old people. They can find it instantly and have a very sophisticated way to trick them and fraud them from scamming.”
Mr Bryan Che: “One of the opportunities of Al is because the interface is much more natural for most people to interact with. On one sense, it’s a lot easier for everyone to get started.”
Ms Cindy Chow said: “So I guess some of the most damaging thing is not allowing people to use or not, you know, really have the attitude to embrace all this new technology, what this new technology has to bring to you.”
Geopolitics: the super-connector This session was moderated by Mr James Chau, President of the China-United States Exchange Foundation and World Health Organization Goodwill Ambassador for Sustainable Development Goals. Speakers included Ms Ilaria Chan, Chair of the Tech For Good Institute; Ms Ellana Lee, Senior Vice President, Managing Editor, Asia Pacific, and Global Head of Productions at CNN; and Professor Frederick Ma, GBS, JP, Chairman of the Hong Kong Trade Development Council.
Mr James Chau said: “Against this backdrop, we often hear Hong Kong described as a super connector, typically framed in terms of trade volumes, capital markets and logistics but I think that these connections that we’re speaking of really only become very valuable and we understand and recognize the human bonds that pin these together.”
Professor Frederick Ma , GBS, JP said: “We are part of China. And yet we are under one country 2 systems connected to the rest of the world. That is the power of Hong Kong.”
Ms Ellana Lee said: “We made a very strategic decision when the times were tough to stay and remain in Hong Kong. I think that has and you know, we make these decisions not just out of a whim, but we are very calculative on why we need to stay. I have 8 cities across Asia Pacific. Hong Kong happens to be the hub for Asia Pacific. And there’s it boils down to four major reasons.”
Ms IIaria Chan: “Simple of how tech is helping people, there is an organization, WHO care for children that was founded 20 years ago that helps orphans in developing China back then Vietnam, Thailand now in Africa, Middle East to find loving permanent homes. But their bottleneck is how they train social workers and governments on how to take care of orphan welfare. Now this year we’ve actually been launching an online product that is able to scale these bottlenecks, especially in areas that are underfunded. This is a great example of Al tech.”
Education: Hong Kong as Asia’s education hub This session was co-moderated by Mrs Jennifer Yu Cheng, JP, Founder of the Future Leaders Foundation, and Ms Jennifer Ma, Founder of JM Edu Consulting. Speakers included Ms Maggie Chau, School Partnership Advisor at the Academy for Educational Development and Innovation of The Education University of Hong Kong; Mr Dion CHEN, MH, Vice-Chairman of the Hong Kong Direct Subsidy Scheme Schools Council; and Professor Charles Ng Wang-Wai, Vice-President for Institutional Advancement of The Hong Kong University of Science and Technology.
Mrs Jennifer Yu Cheng, JP said: “An education hub is more than a place with excellent institutions. It is a place that students and families choose, where young people flourish, and connects education with research, innovation, careers and a wider community.”
Professor Charles Ng said: “With our national policy. And I think we should do better to support this great initiatives and thinking back actually 2023 and home government already in in the government policy in October, if I remember correctly to start to increase the local student quota from 20% to 40%.”
Ms Jennifer Ma said: “As a consultant we need demand to meet supply and we are definitely seeing the demand for Hong Kong education at K12 level…….The advocacy for Hong Kong to be the gateway for China Resources and talents to leave China and go into international arenas. But at the same time, we also see a lot of international people interested in what’s happening in mainland, and therefore Hong Kong is a great gateway. So, with that global education, global education philosophy, that means they really appreciate Hong Kong trilingual education by cultural mindset.”
Mr Dion CHEN, MH mentioned: “In 2026, a lot of DSS schools will work very hard to try to welcome and also promote welcome to Hong Kong and also promote Hong Kong’s education to the students in different countries.”
Ms Maggie Chau said: “Maggie: I can see that all the universities are actually implementing AI in their curriculum. Talking about teacher education, the programs we offer, I mean, not just The Education University of Hong Kong, the programs we offer in all universities implement Al in the curriculum in a way that we draw attention to the use of Al is it has to be ethical.”
Capital markets: AI listings, asset tokenisation and the new economy This session was moderated by Ms Emily CHAN Tan, a former CNBC anchor. Speakers included Ms Bonnie Y Chan, JP; Ms Clara CHAN Ka Chai, Chief Executive Officer of the Hong Kong Investment Corporation Limited; Mr Michael Lau, Senior Vice President and Head of Group Business Development at Bullish and Chairman of Consensus; and Mr Samuel RHEE, Co-founder, Chairman and Group Chief Investment Officer of Endowus.
Ms Clara CHAN Ka Chai said: “We always say that from zero to 1 is the most challenging part. So, the patients in terms of having staying power is the core, but it has to go in hand with other qualities like being proactive, being professional.”
Mr Michael Lau said: “I think it’s an interesting proposition to consider that these types of companies that are so capital. I would start looking beyond the current horizon of where we are to see where it could go next. And so I do think that there is a demand looking to that future where this idea of a tokenized capital market could be quite interesting.”
Mr Samuel RHEE mentioned: “First of all, maybe we just take a step back and just try to understand all of the capital markets, not just equities.”
Ms Bonnie Y Chan, JP said: “I want to point out one thing. I mean, we are operating a stock exchange and I think capital markets at the end of the day, the basic function is to match capital with opportunity. So what I’m very focused on is that I’m not just focused on technology or AI.”
Ms Emily CHAN Tan said: “We are not just witnessing a cyclical recovery, but also some would call this the threshold of a capital markets renaissance.”
Life and health technology: building a health-industry hub This session was moderated by Professor Lo Yuk-lam, BBS, Founding President of the Hong Kong Biotechnology Organisation. Speakers included Professor LI King-Chuen, Founding Dean of the School of Medicine at The Hong Kong University of Science and Technology; Dr Sarah SALVILLA, Director of Health and Strategic Partnerships at FWD Group; and Professor Anthony Wu Ting-yuk, GBS, JP, former Chairman of the Hospital Authority and Non-executive Chairman of Trinity Medical Group. The discussion focused on how AI in healthcare can strengthen the competitiveness of Hong Kong’s health industry.
Professor Lo Yuk-lam, BBS said: “Building HK’s holistic wellness hub, this year marks a defining moment for HK. With the release of our first ever five year plan and their chief executive policy address just a few weeks ago, our city’s road map for healthcare and biotechnology knowledge has never been clearer or more ambitious.”
Professor Anthony Wu Ting-yuk, GBS, JP said: “Every country every city is trying to recruit more talent and I think Hong Kong is an ideal position to attract talents.”
Professor LI King-Chuen said: “Our education system will be individualized. And we will do the factual knowledge transfer through mostly self-directed learning. So we guide them, we build an AI system with prescribed information.”
Dr Sarah SALVILLA said: “Prevention for sure in terms of how do we educate people to be much more proactive in their everyday lives, yes you know, kind of the lifestyle things.”
Start-up pitching: connecting with capital The closing session was moderated by business journalist Ms Elaine Yu, with Mr LU Chin Yung, Senior Vice President (Start-ups) of the Sector Specialist Group at Invest Hong Kong. Representatives of 11 venture funds were present, including the Alibaba Hong Kong Entrepreneurs Fund, Clee Capital, Click Ventures, GT Healthcare Capital Partners, Gobi Partners GBA, HKSTP Ventures, MindWorks Capital, Ryoden Medical Holdings, Seveno Capital, Verge HealthTech Fund and W2 Venture Partners. Together, the funds manage an estimated US$10 billion, have invested in more than 600 start-ups across more than 30 economies, and have backed at least nine unicorns, including Airwallex, Animoca Brands, Prenetics and GoGoX. Start-ups taking part in the pitching session included CELLmeric, Entoptica, PointFit, Syngular, Kodifly, AilsynBio, EveryBaby, A-grade, Orimmune Biotech, Nordia Biotech, Oncolmmu Nostics Limited, The Harbour School (THS), VisionBridge, Eden’s Garden, and CARE CONNECT.
Ms Elaine Yu said: “We have 15 startups and I think a group of students as well, very precocious students WHO are already thinking of ideas, real businesses with commercial viability at the cutting edge of science, research, healthcare and so forth. So, this should be a fun dynamic session.”
Mr LU Chin Yung pointed out: “Hong Kong is great in a lot of rankings in the world and this is not given, this is hard earned by your parents, by some of you sitting here. But as a young founder in Hong Kong, if you come to Hong Kong, you get to enjoy all this very safe environment. You have efficiency and then you also have a very clean government. This one I can say for sure. Yeah. And and all this, it helps the the founders to focus on your business, focus on grow, growing instead of you have to deal with many, many things.”
The Summit closed amid lively exchange. Hong Kong Youth Professional Global Advocacy said it will continue to build the Summit into a platform for dialogue between young professionals and leading figures in government and business, helping Hong Kong’s young talent seize the opportunities of the new economy.
Vice-Chairman, Hong Kong Direct Subsidy Scheme Schools Council
Mrs Carrie Cheng, JP
Founder, Future Leaders Foundation
Dr Cheung Kwok-kwan, SBS, JP
Deputy Secretary for Justice, Hong Kong Special Administrative Region
Mr Kevin Choi, JP
Permanent Secretary for Innovation, Technology and Industry
Ms Cindy Chow
Executive Director and Chief Executive Officer, Alibaba Hong Kong Entrepreneurs Fund
Dr Kevin Lau, MH
Founding Convenor, Hong Kong Youth Professional Global Advocacy
Mr Lau Tak-ho
Senior Vice President and Head of Group Business Development, Bullish, and Chairman, Consensus
Ms Ellana Lee
Senior Vice President, Managing Editor, Asia Pacific, and Global Head of Productions, CNN
Professor King Li
Founding Dean, School of Medicine, The Hong Kong University of Science and Technology
Professor Lo Yuk-lam, BBS
Founding President, Hong Kong Biotechnology Organisation
Mr Raymond Lui
Senior Vice President (Start-ups), Sector Specialist Group, Invest Hong Kong
Ms Michelle Ma
Founder, JM Edu Consulting
Professor Frederick Ma, GBS, JP
Chairman, Hong Kong Trade Development Council
Professor Charles Ng
Vice-President for Institutional Advancement, The Hong Kong University of Science and Technology
Mr Samuel Rhee
Co-founder, Chairman and Group Chief Investment Officer, Endowus
Dr Sit Wai-nga
Director, Health and Strategic Partnerships, FWD Group
Professor Anthony Wu, GBS, JP
Former Chairman, Hospital Authority, and Non-executive Chairman, 全仁醫療集團
Ms Elaine Yu
Business Journalist
Ms Jeanne Cheng, JP
District Officer (Central and Western)
Dr Elsie Leung, GBM, JP
Former Secretary for Justice, Hong Kong Special Administrative Region
Professor Teresa Cheng, GBM, GBS, SC, JP
Secretary-General, International Organization for Mediation, and former Secretary for Justice
The Hon Tommy Cheung, GBM, GBS, JP
Non-official Member, Executive Council
The Hon Dr Lam Ching-choi, GBS, JP
Non-official Member, Executive Council
The Hon Chan Hoi-fung, BBS, MH, JP
Legislative Council Member
The Hon Chan Kin-por, GBM, GBS, JP
Non-official Member, Executive Council
The Hon Nixie Lam
Legislative Council Member
Mr Andrew Yao, SBS, JP
Hong Kong Deputy to the 14th National People’s Congress
Professor Herman Hu, GBS, JP
Hong Kong Deputy to the 14th National People’s Congress
Mr Gordon Lam
Hong Kong Deputy to the 14th National People’s Congress
Mr Chan Chung-ni, SBS, JP
Hong Kong Deputy to the 14th National People’s Congress
Mr Ho Hon-kuen, BBS, MH
Hong Kong Member, 14th National Committee of the Chinese People’s Political Consultative Conference
Mr Tu Haiming, BBS
Hong Kong Member, 14th National Committee of the Chinese People’s Political Consultative Conference
Mr Kung Wing-tak
Hong Kong Member, 14th National Committee of the Chinese People’s Political Consultative Conference
Dr Lo Kam-wing, BBS, JP
Hong Kong Member, 14th National Committee of the Chinese People’s Political Consultative Conference, and President, The Chinese Manufacturers’ Association of Hong Kong
Mr Li Tai-chong, SBS, OM, JP
Member, National Committee of the Chinese People’s Political Consultative Conference
The Hon Lam Wai-chuen
Legislative Council Member
The Hon Lau Man-kwan, JP
Legislative Council Member
The Hon Chong Ho-fung
Legislative Council Member
The Hon Lee Kwong-yu, MH
Legislative Council Member
The Hon Leung Tsz-wing, MH
Legislative Council Member
Mr Ng Yuk-yeung
Hong Kong Member, 14th National Committee of the Chinese People’s Political Consultative Conference
The Hon Fong Kwok-shan
Legislative Council Member
The Hon Lau Ka-keung, BBS, MH, JP
Legislative Council Member
The Hon Revd Canon Peter Koon, SBS, JP
Legislative Council Member
Mr Pablo Macedo Riba
Consul General of Mexico in Hong Kong
Dr Esteban Ramírez González
Consul General of Mexico in Hong Kong
Mr Alberto Martínez
Representative, Consulate General of Spain in Hong Kong
Ms Silvia Civera
Representative, Consulate General of Spain in Hong Kong
Mr Javier Sampedro
Commercial Representative, Consulate General of Spain in Hong Kong
Mr Juha Niemi
Consul General of Finland in Hong Kong and Macao
Mr O’Brien Ernesto Guerra Córdova
Consul General of Venezuela in Hong Kong
Mr Ammala Saenchonghack
Consul General of the Lao People’s Democratic Republic in Hong Kong
Mr Riaz Ahmed Shaikh
Consul General of Pakistan in Hong Kong
Mr Yos Sokhemrin
Consul General of Cambodia in Hong Kong
Mr Maurits Ter Kulve
Consul General of the Netherlands in Hong Kong
Ms Lim Kim Suan
Consul General of Brunei Darussalam in Hong Kong
Mr Hassan Doutaghi
Consul General of Iran in Hong Kong
Mr Ali Abdulla Al-Hitmi
Deputy Consul General of Qatar in Hong Kong
Ms Helen Silvester
British Council
Mr Wilhelm Brauner
Belgium-Luxembourg Chamber of Commerce
Professor Sin Kuen-fung, MH
Co-Executive Director, Academy for Educational Development and Innovation, The Education University of Hong Kong
Mr Lam Siu-hong, JP
Commissioner for Youth, Home and Youth Affairs Bureau
Mr Arnold Lau
Assistant Director-General, Invest Hong Kong
Professor James Dai
Associate Dean of Students, The Hong Kong Polytechnic University
Dr Chan Pui-yin
Vice-President, Hong Kong Medical Association
Ms Cecilia Ho
Chief Executive, Lee Hysan Foundation
Mr Quentin Merour
Consulate General of France in Hong Kong
Ms Christine Ma Lau
Founder and Principal, JEMS Character Academy
Ms Agnes Chan, BBS
Senior Advisor, Office of the Chairman, Greater China, EY
Ms Melissa Pang, BBS, MH, JP
Former President, The Law Society of Hong Kong, and Member, National Committee of the Chinese People’s Political Consultative Conference
Mr Patrick Yeung
Chief Executive Officer, Hong Kong General Chamber of Commerce
Ms Kimberly Kwok
Founder, Mighty Oaks
Mr Larry Chiang
Founder and Chief Executive Officer, International Finance Capital Group Limited
Ms Sophia Kao, GBS, JP
Former Chairperson, Women’s Commission, and founding Chairperson, Financial Reporting Council
Ms Marie Mercy
Consulate General of France in Hong Kong
Mr Peter Shum
Deputy Chairman of Federation of Hong Kong Industries
Mr Daryl Lin
JCI Hong Kong
Mr Jacky Chung
Hong Kong Trade Development Council (represented by Mr Andrew Chui)
Mr Silas Chu
Hong Kong Trade Development Council
Mr Lot Chan
Assistant Director of Health (Preparatory Office for Centre for Medical Products Regulation)
Dr Jeff Lee
Head of the Health Informatics and Technology Office
The issuer is solely responsible for the content of this announcement.
Hong Kong Youth Professional Global Advocacy
Hong Kong Youth Professional Global Advocacy is a community organisation founded in 2023 by young professionals in Hong Kong. It seeks to serve as a bridge between Hong Kong and the world, uniting Hong Kong young people globally through a range of exchange activities and cultivating an overseas youth network that supports “Hong Kong opportunities”. The organisation brings together more than 120 young professionals across finance, real estate, building surveying, manufacturing, environmental protection, healthcare, law, accounting and technology, and works closely with professional bodies, industry associations and the media. Through monthly salons and online exchanges with the Greater Bay Area, Southeast Asia and countries along the Belt and Road, it promotes understanding of the development of the Hong Kong Special Administrative Region and the Chinese Mainland, explores opportunities for collaboration, and ultimately aims to build a stronger network of professional youth and deepen exchange and cooperation with young people around the world.
By Annie Domini Jeffrey Archer, British writer and politician synonymous with pot-boilers, page-three scandals and perjury, but also page-turners that were among the biggest publishing blockbusters of all times, has died at 86. Archer was a household name in India, and incidentally sold more copies his books here than in his home turf, the UK, […]
HANOI, VIETNAM – Media OutReach Newswire – 6 October 2026 – Vingroup and Alstom, a global leader in rail technology, have signed a rolling stock contract and a Technology License Agreement (TLA). Under the agreement, Alstom will transfer technology for train manufacturing and assembly in Vietnam and supply a total of 200 Metropolis trainsets to accelerate the operation of Hanoi’s urban rail projects.
Ms. Nguyen Thu Hang, CEO of Vinhomes (left), and Mr. Yann Maixandeau, Alstom’s Managing Director for East Asia, sign the contract between the two parties.
Under the contract, all trains designed and manufactured by Alstom for Hanoi’s urban rail lines will be new-generation five-car trains, offering advanced features in design, operational efficiency and safety. The aluminium car body reduces axle load, saving energy and reducing track wear. The wide-body design maximises interior space and increases passenger capacity. The train runs fully automated and driverless, at GoA4, the highest grade of automation. The modern braking system combines regenerative and disc brakes, ensuring safety while recovering energy during braking.
The first 83 trainsets will be designed and manufactured at Alstom’s Valenciennes Petite-Forêt site in France, one of Alstom’s centres of expertise for metros. In addition to supplying the 83 complete trainsets, Alstom will provide technology, engineering expertise, tooling support and key components, enabling Vingroup to develop local capabilities to manufacture and assemble the next 117 trainsets in Vietnam.
The contract between Vingroup and Alstom lays an important foundation for strengthening Vietnam’s self-reliance and modernising its rail industry ecosystem. The partnership also opens opportunities to establish a long-term industrial partnership and progressively expand Vietnam’s participation in the global value chain.
Mr. Martin Sion, Alstom CEO, said:“This agreement is a major milestone for Alstom in one of the fastest-growing mobility markets in the world. By combining Alstom’s global expertise with VINGROUP’s industrial strength and long-term vision, we are creating a unique partnership that supports both the expansion of Hanoi’s metro network and the development of local rail capabilities. This agreement also demonstrates the strength of French rail technology and reinforces Alstom’s position as a trusted partner for major mobility projects across the region.”
Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said:“High-speed rail, urban rail, bridges, ports, logistics and other next-generation transport infrastructure are among the key areas under Vingroup’s Infrastructure pillar. Our strategy is to connect world-class international resources, technologies and expertise with the strong execution capabilities of Vingroup’s ecosystem, enabling us to contribute to the development of infrastructure platforms with long-term significance for Hanoi and Vietnam.”
Vingroup is the general contractor for Hanoi’s metro projects through its subsidiary Vinhomes. The partnership with Alstom aims to provide rolling stock for Hanoi’s urban rail projects while progressively developing local capabilities, enabling Vingroup to contribute over the long term to the development of the city’s urban rail network.
Under Hanoi’s Capital Master Plan with a 2045 vision, the city’s urban rail network is planned to reach 979 kilometres, comprising 18 lines and serving as the backbone of the city’s public transport system.
With a total planned length of nearly 1,000 kilometres, the network would also represent one of the largest urban rail development programmes in Southeast Asia, helping reduce traffic congestion, mitigate environmental pollution and improve the quality of life for Hanoi’s residents.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
About Vingroup
Established in 1993, VINGROUP is one of the leading diversified private economic groups in the region, operating across six core sectors: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture and Social Enterprises.
Vinhomes is Vietnam’s leading real estate brand, pioneering the development of large-scale, high-quality urban communities with professional planning, comprehensive amenities and a modern, green and clean living environment, helping shape new lifestyles for Vietnamese residents.
Alongside 32 urban developments currently in operation across the country, Vinhomes continues to focus on developing new-generation mega and super-scale urban developments of leading regional scale and stature, aspiring to create “some of the world’s most desirable places to live” while contributing significantly to the transformation of Vietnam’s urban landscape.
Alstom is the pure rail leader, committed to making rail the backbone of sustainable transportation. We design and deliver a complete range of future-ready solutions – from high-speed and regional trains to metros, monorails, trams, turnkey systems, end-to-end services, infrastructure, signalling and digital rail solutions. With 87,800 people in 61 countries, Alstom brings together global expertise and multi-local presence to make every journey smarter, cleaner and more enjoyable. Together with our partners and customers, we realise the power of rail. Listed in France, Alstom generated revenues of €19.2 billion for the fiscal year ending 31 March 2026.
Upgrades improve print quality, strengthen security and simplify ID card issuance
SINGAPORE – Media OutReach Newswire – 6 October 2026 – HID, a global leader in trusted identity solutions, is rolling out enhancements across its FARGO® DTC ID card printers, including the DTC1250e, DTC4500e and DTC1500 models, to help organizations issue secure, professional-quality ID cards faster, with less IT support and the ability to easily scale as needs evolve.
Organizations that issue ID cards — from schools and healthcare systems to government offices, corporate campuses and others — need printers that are easy to operate, produce consistently high-quality credentials and keep pace with growing security requirements. The latest enhancements address each of those priorities.
Built to Print: Faster, Sharper Output and Stronger Security Speed and reliability are essential for high-volume credential issuance. Printing more cards in less time with fewer interruptions, these printers have been updated with newer, faster hardware and electronics platforms. Support for high-capacity ribbons also streamlines the issuance workflow and maintains high productivity, reducing reloads and lost time. For front-desk and HR staff who issue dozens of badges a day, this means shorter lines and less time waiting on a stalled print job.
“We’ve been at this for a long time. For more than three decades, organizations have trusted us to power their ID badging programs,” said Apryl Erickson, VP and Head of FARGO. “With thousands of printers in the field worldwide, we’re excited to build on that legacy by delivering enhanced solutions that provide greater value to our end users and support their mission-critical issuance processes.”
Card quality matters just as much as issuance speed. With 300 x 600 dpi resolution, an enhanced color profile and adjustable K-panel printing, organizations benefit from having professional-quality ID cards that look sharper, have crisper text, cleaner logos and more accurate color.
When an organization issues credentials, they need to enhance card security and safeguard cardholder data. As such, all DTC printers offer enhanced AES-256-GCM encryption and resin scramble data protection. On the DTC1500 and DTC4500e, a built-in, customizable watermark overlay adds a layer of security at no added cost.
Built to Last: Secure, Reliable, Sustainable Performance and Less Downtime Reliable and sustainable, the enhancedDTC printers are backed by three-year product warranties, provide ongoing printer health monitoring and are specifically engineered for efficient energy use.
Organizations also need to keep operator maintenance low. An integrated diagnostic utility and Color Assist tool are now built directly into the printer driver, so common issues can be identified and resolved without a support call. An optional OLED SmartScreen on the DTC1250e further simplifies day-to-day operation, helping non-technical staff be productive from day one with no IT ticket required.
Built for More: Room to Grow Without Starting Over Programs rarely remain static, and organizations need to scale as their needs grow without incurring the cost of new hardware. FARGO DTC printers offer field-upgradable dual-side printing and encoding options that let organizations start with what they need and add capabilities later, without having to buy new base hardware, as programs expand.
These upgrades build on more than 30 years of DTC printing expertise. The portfolio also integrates with HID’s broader ecosystem for access control and identity management, helping organizations expand their credentialing programs as needs evolve. The DTC1500 and DTC4500e are also compatible with FARGO Connect™, a secure, cloud-based card printing platform that provides real-time fleet visibility.
The enhanced DTC printer portfolio is commercially available now. Product availability for enhanced FARGO DTC1250e and DTC4500e printers is slated for late October/early November, varying by region. Enhanced FARGO DTC1500 units will follow later in Q4 2026.
Building on these enhancements, HID plans to further expand the FARGO DTC portfolio later this year with a streamlined, single-sided printer designed for organizations with lower-volume issuance needs. It will not be available in the United States and Canada. It will be offered only in select regions outside these markets. The new model will bring the same reliability and ease of use while providing an accessible entry point into the broader FARGO portfolio.
The issuer is solely responsible for the content of this announcement.
About HID
HID powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and billions of things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID has over 4,500 employees worldwide and operates international offices that support more than 100 countries. HID is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
Combining real-time AI credit monitoring with Ethereum smart contracts and USDC settlement, Asia’s digital trade finance leader addresses a US$2.5 trillion SME trade financing funding gap opportunity.
HONG KONG SAR – Media OutReach Newswire – 6 October 2026 – Qupital, Asia’s leading AI-driven fintech platform specializing in cross-border e-commerce trade finance, today announced the official launch of the world’s first AI-driven on-chain e-commerce lending protocol. The breakthrough solution shifts day-to-day trade loan operations into an automated, highly transparent framework powered by smart contracts and proprietary AI credit monitoring.
The launch comes directly ahead of Token 2049, as Qupital positions itself at the intersection of Decentralized Finance (DeFi) and Real-World Assets (RWA). By deploying USDC via Ethereum smart contracts, Qupital eliminates legacy banking delays and manual oversight, delivering instant, 24/7 liquidity to high-growth global merchants. The protocol utilizes automated dynamic credit monitoring to continuously adjust credit exposure based on real-time sales-to-loan performance. When store metrics deviate from set parameters, smart contracts automatically invoke payment gateway APIs to intercept platform cashflows, which captures store earnings to satisfy debt obligations and revenue targets.
Key Innovations of the Protocol
Instant, 24/7 Global Liquidity: Complements existing banking channels by deploying USDC directly to e-commerce merchants via smart contracts, enabling real-time capital access synchronized with global e-commerce velocity.
AI-Guarded Risk Control: Integrates Qupital’s proprietary AI engine with automated payment gateway APIs to monitor sales performance and capture settlement cashflows directly, drastically reducing credit risk. Merging AI intelligence with on-chain execution for trade finance. Powering digital trade through automated, smart-contract-driven liquidity vaults unlocks unprecedented operational efficiency and dynamic risk control without human intervention.
Automated Capital Efficiency: Replaces manual back-office drawdown verification and settlement calls with smart contracts, accelerating capital turnover and reducing operational overhead.
Real-Time Proof of Reserves & Auditability: Every active loan is tokenized on-chain to Qupital’s Treasury Vault, providing institutional lenders and partners with 1:1 real-time balance sheet verification.
A Multi-trillion Market opportunity B2B cross-border stablecoin settlements are projected to reach $5 trillion by 2035, with over 54% of cross-border enterprises preparing to adopt stablecoin payment infrastructure. Qupital’s protocol directly addresses this surge in institutional and merchant demand.
“Agentic commerce and instant global settlement require financing infrastructure that operates around the clock. While traditional banking channels remain a core pillar of our trade finance operations, utilizing blockchain rails allows us to streamline distribution and accelerate settlement times. Integrating our proprietary AI risk engine directly into on-chain frameworks eliminates operational friction, minimizes non-performing loans, and expands our global footprint.”
— Winston Wong, Co-Founder & CEO of Qupital
Having processed over US$9.5 billion in cumulative trade financing while maintaining industry-leading credit performance, Qupital’s move on-chain sets a new institutional standard for tokenized trade finance. The company already has an active pipeline of USD 100 million in financing to be fulfilled on-chain.
Building on its recently announced Series C financing, Qupital continues to execute on its long-term growth roadmap. The launch of the protocol further diversifies Qupital’s capital execution options and accelerates its entry into new global markets. By bringing real-world quality trade assets on-chain, Qupital directly addresses the multi-trillion-dollar SME financing gap, delivering accessible, frictionless capital to digital enterprises that are underserved by traditional banks and financial institutions worldwide.
The issuer is solely responsible for the content of this announcement.
About Qupital
Qupital is a Series C stage fintech platform and Asia’s leader in data-driven financing solutions for digital businesses. Headquartered in Hong Kong, Qupital empowers e-commerce businesses trading on global platforms including Amazon, JD.com, Tmall, TikTok Shop, and Pinduoduo. As the first platform in Asia to securitize e-commerce merchant loans, Qupital combines industry-leading credit performance and sustained profitability with backing from global financial institutions including HSBC and MUFG, as well as strategic investors including M Capital, Alibaba, MindWorks Capital, Greater Bay Area Homeland Development Fund, and the Innovation and Technology Ventures Fund of the Hong Kong SAR Government.
Greenlogue/AP The US Supreme Court opened its new term on Monday by weighing whether federal law blocks Colorado communities from pursuing state-law damages claims against ExxonMobil and Suncor Energy over alleged climate harms. The dispute, Suncor Energy v County Commissioners of Boulder County, could determine the viability of dozens of similar lawsuits brought by states and local governments seeking compensation from fossil-fuel producers for costs associated with […]
By Nantoo Banerjee The hand-picked 30-share sensitive index (Sensex) of Bombay Stock Exchange, which has long been seen as the country’s overall industry performance barometer, seems to be losing its reliability under profit-booking punters’ whims. The Sensex faced sharp selling pressure last week, closing down at 72,972.56 after plunging over 1,000 points earlier in the […]
Grade A Office Availability Rate Drops Further, High Street Leasing Activities Focus on Kowloon
Residential Market: Market sentiment turned more cautious in Q3, with total residential transaction numbers slipping by 40% q-o-q and 21% y-o-y to record around 13,240 cases. Home prices softened by 0.8% between July and August, yet, supported by stronger 1H performance, still recorded a cumulative rise of 7% in the first eight months of 2026.
Grade A Office Market: Citywide net absorption reached 412,400 sq ft in Q3, mainly driven by expansion activities by the banking, financial services and insurance (BFSI) sector. Rents in Greater Central continued to pick up, while rental level declines in non-core submarkets narrowed. The overall office market rental level is expected to rise by +5% to +7% in 2026.
Retail Market: Overall retail sales growth remained resilient on the back of growing tourist arrivals and stronger economic fundamentals supporting local consumption sentiment. The overall high street vacancy rate remained broadly stable in Q3, with leasing activities concentrated in Mongkok and Tsimshatsui.
HONG KONG SAR – Media OutReach Newswire – 5 October 2026 – Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Q3 2026 Review andOutlook press conference. The Hong Kong residential market entered a consolidation phase in Q3 amid a shift in the U.S. Federal Reserve’s interest rate outlook, increased stock market volatility, and tighter cross-border capital controls in the Chinese mainland. Against this backdrop, residential transaction numbers dropped by 40% q-o-q to record around 13,240 cases in Q3, while home prices declined by 0.8% during July and August. In the Grade A office market, the total new leased area for Q3 reached 1.4 million sq ft, the highest quarterly level since 2019, supported by expansion activities from the BFSI sector. Citywide net absorption reached +412,400 sq ft for the quarter, bringing the overall availability rate to trend further downward, while YTD rental growth recorded +6.1%. In the retail sector, total retail sales remained resilient in Q3. The overall high street vacancy rate remained broadly stable during the quarter, chiefly supported by more active leasing commitments in Mongkok. Leasing activity in Hong Kong Island districts moderated somewhat.
Grade A office leasing market:BSFI expansion demand fuels leasing momentum
The Q3 2026 period marked another active quarter for Hong Kong’s Grade A office market. Total new leased area reached 1.4 million sq ft in Q3, the highest quarterly level since 2019. The banking, financial services, and insurance (BFSI) sector, and consumer products / manufacturing sectors, were the key demand drivers, with BFSI occupiers largely expansion-led. Citywide net absorption reached +412,400 sq ft in the quarter. This performance helped pull down the overall availability rate 0.4 percentage point q-o-q to 19.1%. Core district rents continued to outperform non-core areas. Greater Central rents continued to climb by a further 3.0% q-o-q in Q3, while non-core area rental level declines further narrowed. Rents in Hong Kong East and Hong Kong South edged up slightly in Q3. The overall citywide rental level rose by 1.7% q-o-q in Q3, bringing YTD rental growth to +6.1%.
John Siu, Managing Director, Hong Kong, Cushman & Wakefield,said, “Rents in Greater Central grew by 13% YTD, reflecting strong demand for prime offices. However, mid-priced Grade A offices, particularly those with net effective rents of around HK$45-60 psf, are expected to continue facing headwinds, as abundant existing space and forthcoming supply across multiple submarkets within this price range is likely to sustain intense competition.”
Siu added, “Looking ahead, positive market momentum is likely to partly offset the scheduled 1.2 million sq ft of new supply in Q4, keeping the availability rate broadly stable at 19% to 20% at the year-end. With a decelerating supply pipeline beyond 2026, availability may have passed its cyclical peak in 2025, but non-core areas will continue to face absorption pressure. Full-year rental growth in Greater Central is now projected to grow by +12% to +14%, supporting the citywide Grade A office rental level to rise by +5% to +7% in 2026.”
Retail leasing market: Retail sales growth remains resilient, with Mongkok leading high street leasing activities
Hong Kong retail sales growth remained resilient in Q3, driven by growing tourist arrivals and stronger economic fundamentals supporting local consumption sentiment. The city’s overall retail sales for the January to August 2026 period reached HK$266 billion, up 8.5% y-o-y. Among key retail categories, the Jewellery & Watches sector recorded the strongest performance, recording y-o-y sales growth of 22.6%. Other sectors, such as Medicines & Cosmetics (+5.0%) and Fashion & Accessories (+3.2%), recorded more modest low single-digit growth.
The overall high street vacancy rate remained broadly stable at 5.4% in Q3, chiefly supported by more active leasing commitments in Mongkok, with the district’s vacancy rate dropping to 4.8% from 8.6% in Q2. In Tsimshatsui, although the vacancy rate moved up to 9.5%, notable new transactions were also recorded during the quarter. On Hong Kong Island, vacancy rates in Causeway Bay and Central increased in Q3, rising to 5.1% and 1.4%, respectively, after remaining at 0% for two consecutive quarters. With prime retail spaces in both districts fully occupied in previous quarters, leasing activity moderated in Q3.
High street retail rents in both Causeway Bay and Tsimshatsui remained unchanged in the quarter. In Mongkok, stronger leasing momentum supported a 0.4% q-o-q rise in rental levels. As for Tsimshatsui, a slowdown in the luxury segment combined with relatively high vacancy weighed on the district’s rental performance, resulting in a fall of 1.1% q-o-q. In the F&B sector, rents remained under pressure amid high availability, dropping within a 1% range q-o-q across the four key districts.
John Siu commented, “We have observed stronger leasing demand from Japanese, South Korean and Thai brands in recent months. Looking at the first-stores recorded so far this year, approximately 36% originated from Japan, South Korea and Thailand, similar to the share accounted for by Chinese mainland brands, while exceeding the 29% recorded for 2025 full-year. We expect this trend to continue through the remainder of the year. Looking ahead, the Hong Kong retail market is expected to remain supported by resilient local consumption resulting from stronger economic fundamentals, together with greater tourist spending underpinned by a stronger RMB, and a pipeline of planned mega-events. These factors will bring continued momentum to the city’s retail market. We also expect local and non-local retailers to remain selective, with demand focused on well-located retail spaces in core districts offering attractive rental packages. In turn, the city’s retail market is likely to maintain a gradual recovery trajectory. We forecast high street retail rents in Causeway Bay and Central to pick up by 2% to 3% y-o-y in 2026, with Tsimshatsui and Mongkok recording modest rental growth of 1% to 2% y-o-y.”
Residential Market: Home prices consolidate as transaction numbers cool in Q3, rate hikes remain key
The Hong Kong residential market consolidated somewhat in Q3 following the strong momentum recorded in 1H. After the sustained release of purchasing power over the past year, coupled with the shift of the U.S. Federal Reserve rate direction, increased stock market volatility and heightened uncertainties, some prospective buyers reverted to a wait-and-see stance. This resulted in a noticeable slowdown in transaction activity from July onwards. The monthly transaction number, which averaged more than 7,000 cases in Q2, fell back to around 4,000 deals between July and September. A total of 13,242 residential transactions were recorded in Q3, down 40% q-o-q, bringing cumulative transactions to reach 54,052 cases for the first nine months of the year, representing an 18% increase y-o-y.
Edgar Lai, Senior Director, Valuation and Consultancy Services, Hong Kong, Cushman & Wakefield, commented, “Housing price growth momentum decelerated in Q3 2026. Rating and Valuation Department data suggests that the overall residential price index softened by 0.8% in the two months from July to August, yet still achieved 7.0% growth for the first eight months of 2026. Meanwhile, our Cushman & Wakefield mid-and-small size units price index shows that home prices mildly dropped 0.1% q-o-q, yet still registering a cumulative increase of 7.7% year to date. Our tracking of popular housing estates shows that prices softened in Q3 across different market segments. Prices at City One Shatin, representing the mass market, declined by 5.7% q-o-q, while prices at Taikoo Shing, representing the mid-market, dropped by 0.6% q-o-q. Residence Bel-Air, representing the luxury segment, retreated by 3.8% q-o-q. Following the sustained release of purchasing power over the past year, coupled with tighter cross-border capital controls from the Chinese mainland, and the U.S. Fed rate hike of 0.25% in September, our September Verbal Enquiry Index declined by 35% compared with the peak seen in May.”
Rosanna Tang, Deputy Managing Director, Head of Research, Hong Kong, Cushman & Wakefield, added, “The city’s residential market consolidated in Q3, with monthly transactions retreating to around 4,000 cases. The slowdown reflects a more cautious stance among homebuyers amid shifting interest rate expectations and heightened external uncertainties. Looking ahead, the frequency and pace of rate hikes, together with whether local banks will follow suit, will be the key factors affecting homebuyers’ purchasing decisions and affordability. Given the slower pace of transactions in Q3, we have revised our full-year residential transaction forecast to around 67,000 to 68,000 cases.
“As for pricing, should the U.S. Fed rate further increase in Q4, the residential market is expected to remain in a consolidation phase, with 2026 annual home prices likely to fluctuate in a narrow range near +7%. The rental market, however, will be more resilient underpinned by rental demand brought by the inflow of talent, non-local students, and new entrants to the city. With rental growth of 4.9% recorded in the first eight months of the year, we project a 5% to 7% y-o-y increase for the full year of 2026.”
Hashtag: #CWK
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
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