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Hong Kong Stock Connect Inclusion Set to Unlock Mainland Capital and Enhance Trading Liquidity

Hang Seng Indexes announced on August 21, 2026, that HQVT has been officially included in the Hang Seng Composite Index. The index change will be implemented after the market close on September 4, 2026, and will take effect on September 7, 2026. Upon this effective date, both the Shanghai and Shenzhen Stock Exchanges are expected to simultaneously add HQVT to the list of eligible stocks under the Stock Connect programs (Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect). This will formally enable mainland Chinese investors to trade the stock through their Stock Connect accounts from September 7 onward.

The Stock Connect channel is expected to significantly broaden HQVT’s investor base by providing access to mainland China’s substantial retail and institutional capital pools. The influx of mainland investors via Stock Connect is poised to materially enhance trading liquidity.

Recent Financial Developments Of The Company

The financial results reflect a structural shift toward high-value software intelligence, with consolidated interim operating revenue reaching RMB 410.5 million, representing a strong year-over-year increase of 84.5%. The primary growth engine was multispectral AI foundation model services, which surged 382.5% year-over-year to RMB 320.0 million, elevating the segment’s revenue contribution. Excluding non-recurring listing expenses, adjusted net profit reached RMB 27.6 million, up 21.9% compared to the prior-year period, while net cash used in operating activities narrowed by 50.2% year-over-year to RMB 34.2 million, and cash and cash equivalents amounted to RMB 595.6 million as at 30 June 2026, keeping the financial position sound. To support long-term product differentiation, HQVT expanded its R&D expenditure by 125.3% year-over-year, maintaining an R&D headcount ratio of 43.1% and amassing a portfolio of 158 registered patents (including 101 invention patents) and 46 software copyrights.

Proprietary Multispectral Sensing Across Mission-Critical Infrastructure

HQVT’s technological foundation centers on its proprietary “Super Eye” perceptual platform, an integrated vision architecture that extends detection capabilities beyond visible light 380 nm – 780 nm into the ultraviolet 10 nm – 380 nm and thermal infrared 780 nm – 1 mm bands. Processing sensory inputs via the proprietary “Zhiyuan Origin Large Model”—which has completed dual filings with the Cyberspace Administration of China (CAC) and recently secured Shenzhen’s official model service provider qualification—the system detects micro-arcing, dielectric degradation, and localized thermal spikes long before physical combustion occurs. This capability is deployed through a three-tier collaborative defense matrix combining Tier-1 rack-level internal monitoring, Tier-2 room-level spatial sensing, and Tier-3 autonomous robotic patrol scanning.

This technological framework achieved significant commercial milestones across key industrial verticals during the first half of 2026. In the Internet Data Center (IDC) space, where high-velocity forced-air cooling systems often dilute smoke and hinder traditional detectors, HQVT secured large-scale AI foundation model deployment contracts from a prominent Shanghai state-owned enterprise and a Shenzhen-listed enterprise. Concurrently, in electrical power systems and new energy infrastructure, the company entered into a strategic collaboration agreement with Deep Robotics to integrate multispectral AI modules into quadruped robotic inspection platforms, enabling contact-free, online fault diagnostics across high-voltage substations, cable interlayers, and distributed battery energy storage installations.

Edge AI Breakthrough and Scalable Global SaaS Expansion

A major technical milestone during the interim period was the successful migration of HQVT’s foundation model architecture from centralized server clusters to compact Edge AI terminals powered by the NVIDIA Jetson AGX Orin platform. By removing the necessity for expensive on-premise compute servers and eliminating cloud-network latency, this on-device implementation drastically lowers initial capital expenditures while ensuring instantaneous safety responses. This edge breakthrough transforms HQVT’s commercial delivery model, facilitating product standardization and expanding the company’s addressable client base beyond large state-owned enterprises into the broader commercial market and small and medium-sized enterprises.

Soochow Securities, in its inaugural coverage report on HQVT dated July 31, 2026, assigns a “Buy” rating with a target price of HK$58.57 per share—implying approximately 113% upside from the Sept 04 closing price of HK$27.42. The broker’s valuation is anchored on 2027E revenue of RMB 1.31 billion at a 32x P/S multiple, citing the stock’s scarcity value as the only Hong Kong Main Board-listed multispectral physical AI pure-play, the industry’s 40%+ CAGR, and anticipated margin recovery as hardware costs are amortized across repeat projects. The report notes that the Edge AI breakthrough serves as the single largest near-term catalyst, with commercialization orders representing the critical verification point for investors.

Looking ahead, HQVT is directing its IPO capital toward expanding production capacity, advancing edge-model iterations, and executing an international go-to-market strategy. To penetrate overseas markets, the company has partnered with Singapore-based LINKWISE to accelerate deployments across Southeast Asian data centers and is actively preparing channel rollouts in the Middle East and Europe. By pairing standardized edge perception hardware with cloud-based Software-as-a-Service (SaaS) subscription tiers for analytics and diagnostic reporting, HQVT is positioning itself to build recurring, high-margin international revenue streams within the global physical AI safety sector. The interim results approval by the board on August 28, 2026, and the September 7 Stock Connect effective date represent the two immediate catalysts for investor attention.

Hashtag: #ShenzhenHQVTTechnology

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By Dr. Gyan Pathak The talks between the representative of the United Forum of Bank Unions (UFBU) and the Indian Banks’ Association (IBA) held on September 4 has failed. On the one hand, UFBU has said that they are not in a position to defer their multiple strike schedule in banks, beginning from September 11, […]

The article No breakthrough in resolving bank strikes due from Sept 11 appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The delegation visited high-end private general hospitals including Raffles Hospital in Singapore and Mandaya Royal Hospital Puri in Indonesia, as well as clinical research institutions under the Ministry of Health of Malaysia. In-depth exchanges were carried out on core topics covering hospital operation and management, specialty development, clinical services and medical research. Through on-site visits, Macao Union Medical Center has fully drawn on the mature experience of leading Southeast Asian medical institutions in internationalized services, modern equipment application, refined clinical management and patient service experience. Meanwhile, it has established extensive industry communication networks, laying a solid foundation for subsequent specialty collaboration, talent training, research achievement transformation and the implementation of cross-border medical services.

Leveraging the Union Brand Advantage to Serve Patients in Southeast Asia

Backed by the profound technical heritage, expert resources and rich clinical experience of Peking Union Medical College Hospital, Macao Union Medical Center boasts prominent advantages in the diagnosis and treatment of critical, complex and rare diseases, early precise disease diagnosis and multi-disciplinary comprehensive treatment. Supported by expert guidance and professional training from Peking Union Medical College Hospital, the Center continuously improves its capacity for treating critical and complex diseases and performing high-difficulty surgeries, delivering high-quality and standardized international medical services for residents in Macao, the Guangdong-Hong Kong-Macao Greater Bay Area and Southeast Asia.

During the exchanges, Macao Union Medical Center conducted multi-dimensional discussions with medical institutions of the three countries on cross-border referral of critical cases, tele-consultation, mutual visits and exchanges of medical talents, and customized services for international patients. Capitalizing on Macao’s unique geographical advantages, multicultural environment and mature international service system, the Center will serve as a key hub connecting China’s top-tier medical resources with the Southeast Asian market, providing a new option for high-end regional medical needs.

Focusing on Clinical Research to Drive the Transformation of Biomedical Achievements

The study tour also focused on biomedical innovation and the transformation of clinical research outcomes. The delegation visited Clinical Research Malaysia under the Ministry of Health of Malaysia, focusing on researching the construction of Southeast Asian biobanks, biopharmaceutical research and development, and the implementation model of clinical trials. It gained in-depth insights into its operational mechanism linking pharmaceutical enterprises, scientific research institutes and medical institutions, as well as advanced experience in precise tumor treatment and clinical screening of new drugs. The visit provides an important reference for Macao Union Medical Center to optimize its research platform, advance the development of key disciplines and standardize the management of international clinical trials.

Building a Regional Medical Platform and Expanding “Healthcare + Tourism“ Development

According to Macao Union Medical Center, Macao boasts broad prospects for health industry cooperation with the three Southeast Asian countries. Moving forward, the Center will continue to benchmark against world-class medical standards, deepen cooperation in clinical diagnosis and treatment, scientific research innovation and talent training, and give full play to Macao’s unique advantage of connecting inland China and the outside world. It will integrate resources from all sectors to deepen cross-domain cooperation, and actively explore the integrated development model of “medical care + tourism” to attract international patients to seek medical treatment in Macao. This will help Macao build a regionally influential high-end healthcare platform and empower the appropriate and diversified economic development of the city.

Hashtag: #MacaoUnionMedicalCenter

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As part of his official visit to Vietnam, on the afternoon of September 4, 2026, His Excellency Min Aung Hlaing, President of the Republic of the Union of Myanmar, and the high-level Myanmar delegation visited the VinFast Hai Phong Manufacturing Complex, where they learned firsthand about the remarkable and rapid development journey of the Vietnamese automotive brand.

HAI PHONG, VIETNAM – Media OutReach Newswire – 5 September 2026 – Mr. Pham Nhat Quan Anh, Chairman of VinFast, personally welcomed His Excellency President Min Aung Hlaing and led the delegation throughout their visit to the VinFast Hai Phong Manufacturing Complex. Mr. Quan Anh accompanied the President and the delegation through the Body Shop and General Assembly Shop, introducing VinFast’s integrated manufacturing processes, advanced production lines featuring a high level of automation, and its internationally competitive portfolio of electric vehicles.

At the General Assembly Shop, where VinFast vehicles are completed, President Min Aung Hlaing expressed his strong impression of the quality and high standards of VinFast’s Vietnamese-made electric vehicles. The President also praised the modern infrastructure and advanced facilities of the manufacturing complex, as well as VinFast’s remarkable journey in establishing itself as the No. 1 automotive brand in Vietnam and rapidly expanding its presence internationally.

As of September 2026, VinFast has maintained the No. 1 position in Vietnam’s automotive market for 24 consecutive months, while expanding its presence to more than 10 countries worldwide, including key markets such as Indonesia, India, the Philippines and North America.

The visit by President Min Aung Hlaing takes place against the backdrop of Vietnam and Myanmar strengthening cooperation across multiple areas, contributing to greater connectivity and exchanges, while opening up new opportunities for cooperation between the business communities of the two countries.

The visit also provided an opportunity for VinFast to showcase to Myanmar’s leadership the latest achievements of Vietnam’s automotive industry, as well as the manufacturing capabilities and technological expertise of a Vietnamese enterprise. It further contributed to strengthening connectivity between Vietnam and Myanmar in the areas of industry, trade and green mobility.

As one of Vietnam’s modern automotive manufacturing complexes, the VinFast Hai Phong Manufacturing Complex represents an important milestone in the journey of a Vietnamese automotive brand onto the global stage. Built on its manufacturing foundation in Vietnam, VinFast is expanding its operations across international markets, with a strategic focus on developing a green mobility ecosystem and accelerating the transition toward electric transportation.

The VinFast Hai Phong Manufacturing Complex has previously welcomed numerous senior leaders and heads of state during their official visits to Vietnam. Former Indonesian President Joko Widodo, former President of Bulgaria Rumen Radev and former Prime Minister of Luxembourg Xavier Bettel are among the international leaders who, while in office, visited the facility, toured VinFast’s electric vehicle production lines and learned firsthand about VinFast’s electric vehicle offerings.

The visits by heads of state and senior leaders to the VinFast Manufacturing Complex not only reflect international interest in the manufacturing capabilities and technological potential of a Vietnamese enterprise but also create opportunities to strengthen economic connectivity and advance cooperation in industry and green mobility between Vietnam and countries across the region.

With its vision of “For a Green Future,” VinFast continues to accelerate investment in manufacturing capabilities, technology and its electric vehicle ecosystem, with the ambition of bringing Vietnamese green mobility products and solutions to an increasing number of customers around the world.

Hashtag: #VinFast

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The event gathered over 350 guests, including Sam Hou Fai, Chief Executive of the Macao SAR; Tiong King Sing, Minister of Tourism, Arts and Culture of Malaysia; Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry of Malaysia; and Ouyang Yujing, Chinese Ambassador to Malaysia. They were joined by members of the Macao SAR government and entrepreneurial delegations, representatives from the Chinese Embassy in Malaysia, and prominent figures from various sectors in Malaysia.

Sam Hou Fai stated that this visit to Malaysia aims to renew traditional friendship, build further consensus, and elevate pragmatic cooperation between Macao and Malaysia to a higher level. Macao aspires to serve as a bridge for deepening cooperation between Malaysia and Mainland China, working together to open a new chapter of mutual benefit, win-win outcomes, and synergistic development. He pointed out that both Macao and Malaysia are key nodes on the “Maritime Silk Road,” sharing deep cultural and people-to-people bonds and close exchanges. Facilitated by mutual visa-free entry and direct flights, the two regions have achieved fruitful cooperation in trade, investment, tourism, MICE, and education. Malaysia is not only an important economic partner and international tourist source market for Macao, but also demonstrates immense potential for collaboration in cultural exchange, educational partnerships, and the promotion of Muslim-friendly tourism.

Tiong King Sing highlighted Malaysia’s strategic position in ASEAN—a fast-growing regional market—and Macao’s role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). By linking their networks, both sides can help businesses unlock vast opportunities between ASEAN and the GBA. He emphasized Malaysia’s readiness to strengthen cooperation in trade, tourism, and education. He urged both sides to bridge connections and engage businesses, schools, tourism operators, and cultural groups to deliver tangible results.

The seminar featured presentations, business matching, and sharing sessions highlighting Macao’s “Tourism+” initiatives, especially “Tourism + Healthcare” big health. Notably, Macao Union Medical Center’s advanced services are meet diverse international healthcare needs.

Additionally, Macao’s upcoming private healthcare law will introduce a “day hospital” category, a one-stop licensing system, and regulations for telemedicine, outreach services, and advanced therapies, fostering a clear, flexible investment environment. Leveraging Macao-Hengqin synergy, the region seeks to partner with Southeast Asian firms to capture medical tourism and big health opportunities.

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The event gathered over 350 distinguished guests, including Mr.Sam Hou Fai, Chief Executive of the Macao SAR; Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, Republic of Indonesia; and Wang Lutong, Chinese Ambassador to Indonesia. Also in attendance were members of the Macao SAR Government and entrepreneur delegations, representatives from the Chinese Embassy in Indonesia, and prominent figures from various sectors in Indonesia.

Mr.Sam Hou Fai stated that the implementation of China’s 15th Five-Year Plan and the Macao SAR’s 3rd Five-Year Plan will unlock cooperation opportunities between Macao and Indonesia. He noted that Indonesia is the birthplace of the “21st Century Maritime Silk Road,” and both Macao and Indonesia are pivotal nodes along this route. Guided by the Belt and Road Initiative and the China-Indonesia Comprehensive Strategic Dialogue mechanism, the friendly cooperative ties are poised to deepen further.

In the first half of this year, international visitor to Macao rose by 6% year-on-year, with approximately 88,000 Indonesian tourists—ranking among the top source markets in Southeast Asia. This highlights the close ties between Macao and Indonesia in people-to-people exchanges, trade, and tourism. The Macao SAR Government is committed to promoting exchanges at all levels. By leveraging Macao’s role as a vital bridgehead for China’s high-level opening-up and as a “precise connector,” Macao aims to strengthen all-around, pragmatic cooperation in trade, investment, MICE, tourism, and cultural exchanges, actively contributing to a China-Indonesia community with a shared future.

Edi Prio Pambudi, Deputy Minister for International Economic Cooperation of the Coordinating Ministry for Economic Affairs of Indonesia, stated in his speech that under the “One Country, Two Systems” principle, Macao has built an outstanding international reputation with its long-term stability, high degree of openness, and strong connectivity. As a vital hub for mutual learning between Chinese and Western civilizations, Macao has successfully gathered global talent, capital, and creativity. Indonesian sectors widely applaud and anticipate Macao’s economic diversification.

He noted that close economic and cultural ties have driven Macao enterprises to invest in Indonesian projects like construction and transportation. In terms of tourism, Macao welcomed over 200,000 visitors from Indonesia last year, ranking Indonesia among Macao’s top source markets in Southeast Asia. Indonesia’s visa-free policy for Macao SAR passport holders will further facilitate mutual exchanges. Looking ahead, Indonesia and Macao share vast potential for cooperation in Halal products, Traditional Chinese Medicine (TCM), and connectivity.
Hashtag: #MacaoEconomicTradeandTourismInvestmentPromotionSeminar

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The event gathered over 350 distinguished guests, including Sam Hou Fai, Chief Executive of the MSAR; Gan Siow Huang, Minister of State, Ministry of Foreign Affairs & Ministry of Trade and Industry; representatives from the Embassy of the People’s Republic of China in Singapore; members of the MSAR Government delegation; delegates from the Macao-Hengqin and Mainland China economic, trade, and tourism delegation; as well as representatives from Singapore’s political, business, cultural, tourism, and trade association sectors.

Sam Hou Fai stated that last June, coinciding with the 35th anniversary of the establishment of diplomatic relations between China and Singapore, Prime Minister Lawrence Wong made a successful visit to China. President Xi Jinping and Prime Minister Wong jointly charted the course for the stable and healthy development of China-Singapore relations in this new phase. He noted that leading the delegation to Singapore this time is both a concrete action to implement the important consensus reached by the leaders of both countries, and a key initiative for Macao to leverage its unique advantages, deepen and expand exchanges and cooperation with Singapore, and inject new momentum into China-Singapore relations.

This year marks the inaugural year of China’s “15th Five-Year Plan,” and to ensure seamless alignment and coordination, the Macao SAR Government recently promulgated the “Third Five-Year Development Plan for the Economic and Social Development of the Macao Special Administrative Region (2026-2030).” The key strategic deployments of the Plan focus on driving diversified economic development on a solid footing, with four major engineering projects and government-guided funds serving as the primary leverage, while deepening Macao-Hengqin integration to advance the high-quality development of the Guangdong-Macao In-Depth Co-operation Zone in Hengqin. Furthermore, the Plan aims to accelerate urban renewal to build a beautiful and smart Macao, alongside actively participating in the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to position Macao as a vital bridgehead for the nation’s high-level opening-up and an essential window for mutual learning and exchanges between Chinese and Western civilizations. Concurrently, Macao will actively establish a convenient and highly efficient public service system, fostering a world-class, market-oriented, law-based, and internationalized business environment to earnestly protect the legitimate rights and interests of all market entities and investors, thereby offering foreign investors a more attractive and reliable investment climate.

Gan Siow Huang remarked that Macao and Singapore have long maintained close and friendly relations, achieving fruitful cooperation in fields such as economy, trade, tourism, education, and cultural exchanges. Looking ahead, both sides can leverage their complementary strengths to further deepen cooperation in tourism and urban development, working together to seize new opportunities for regional development and economic growth.

Both Singapore and Macao have established internationally renowned tourism industries and destination brands, allowing the two regions to draw on each other’s experiences in crafting premium visitor experiences, developing integrated tourism products, and building vibrant, highly livable cities. Singapore looks forward to sharing practical experiences in tourism industry development with Macao and fostering productive partnerships between their respective business sectors. Furthermore, as enterprises in both regions value their domestic markets while increasingly casting their eyes on broader overseas opportunities, Singapore and Macao can serve as mutually trusted partners to bridge the markets of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Southeast Asia, supporting businesses from both sides in tapping into new opportunities and constructing robust cross-regional networks. At the same time, by pooling corporate strengths, both sides can carve out new avenues of growth in key economic sectors such as digitalization, innovation, sustainable development, and eldercare services.

Hashtag: #MSAR

https://www.ipim.gov.mo/zh-hant

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