Google has set 2029 as the target date to migrate its authentication systems to post-quantum cryptography, sharpening the timetable for a technology shift that security agencies and standards bodies had already said could take years. The move gives fresh weight to a deadline that parts of the Ethereum ecosystem have been preparing for since 2022, while Bitcoin still lacks a settled network-wide plan despite a growing body […]
By K Raveendran US President Donald Trump’s attempt to jawbone oil lower has run into the hard edge of market reality. At the start, the strategy appeared to work. When he signalled that peace talks with Iran were possible and suggested a diplomatic opening, crude quickly gave back a large share of its war premium. […]
The article Energy Markets See Through Shallow Peace Talk, Move On Their Own Terms appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Morgan Stanley has moved to shake up the crowded US spot bitcoin exchange-traded fund market by proposing a fee of 14 basis points for its planned Morgan Stanley Bitcoin Trust, a level that would make it the cheapest fund in the segment if regulators clear the product for launch. The filing marks a sharper price challenge than many on Wall Street expected from a late entrant and […]
Arabian Post Staff -Dubai Banishing delivered a polished front-end result for the United States and Saudi Arabia at Meydan on Saturday, winning the $1 million Group 2 Godolphin Mile and handing a notable success to trainer David Jacobson, jockey Silvestre de Sousa and owners Sharaf Mohammed Al Hariri, David Jacobson and Lawrence Roman. The Godolphin-bred six-year-old beat Commissioner King by 2¼ lengths over the mile on dirt, […]
HONG KONG SAR – Media OutReach Newswire – 28 March 2026 – Following last year’s “The World’s 50 Best Bars” Award Ceremony in Hong Kong, the Hong Kong Tourism Board (HKTB) this year brought the “Asia’s 50 Best Restaurants 2026” Awards Ceremony to Hong Kong for the first time. The event today (25 March) brought together over 1,000 culinary industry representatives, renowned chefs and media worldwide. Top local Cantonese restaurant The Chairman and contemporary Cantonese restaurant Wing secured first and second places respectively on the Asia’s 50 Best Restaurants 2026 list, once again highlighting the leading position of Hong Kong’s dining scene in Asia.
HKTB Chairman Dr Peter Lam said: “We extend our sincere gratitude to the Asia’s 50 Best Restaurants team for selecting Hong Kong for the first time as the host city for the Awards Ceremony. This international award recognises the outstanding achievements of the culinary sector. I am very proud of Hong Kong’s remarkable accomplishments in this year’s Awards. Together with the ‘MICHELIN Guide Hong Kong Macau 2026’ and ‘The Black Pearl Restaurant Guide’, over 200 restaurants have been listed in these internationally acclaimed gourmet guides, reaffirming Hong Kong’s position as a “Culinary Capital” in Asia. We are delighted to welcome the esteemed Asian chefs and other culinary professionals attending the Awards Ceremony to Hong Kong, and we warmly invite everyone to explore the city’s unique and diverse gastronomic charm by following the master chefs’ curated recommendations featured in the citywide ‘Taste Hong Kong’ Gourmet Guide.”
Danny Yip, owner of The Chairman, said “Being named The Best Restaurant in Asia for the second time is a huge honour for our entire team, and to achieve it here in Hong Kong makes it even more meaningful. This recognition — as well as the strong results for the city on this year’s list — reflects the depth and diversity that define Hong Kong’s dining culture today. It’s a privilege to represent our city in this way and to continue sharing the traditions and stories that shape our cuisine.”
Hong Kong Leads Asia Culinary Landscape with Two Restaurants in the Top Three
Together with the previously announced extended list of Asia’s 50 Best Restaurants (51th – 100th), a total of ten Hong Kong restaurants were recommended in the Asian edition of the prestigious list. These include six restaurants in the top 50: while The Chairman and Wing topped the list at first and second spots, Neighborhood (No. 24), Estro (No. 32), Caprice (No. 35), and Mono (No.46) stayed strong on the list. Four other restaurants were also feature in the extended list, namely Ta Vie (No. 68), Vea (No. 70), Andō (No. 88), and Amber (No. 90). With this stellar performance, Hong Kong reaffirming its leading position in the regional culinary scene. The winning restaurants cover a diverse range of cuisines, demonstrating Hong Kong’s unique appeal as a melting pot of global flavours and a hub for star-rated dining establishments.
In the recently announced “Black Pearl Restaurant Guide”, the number of Hong Kong entries increased to 39, up from last year, including four first-time entries – Mosu Hong Kong, founded by three-Michelin-star South Korean chef Sung Anh; Jee, a Cantonese-French fusion restaurant; contemporary Indian restaurant Leela, and Cantonese fine-dining establishment Man Ho Chinese Restaurant. In addition, homegrown chef Vicky Cheng of Chinese-French restaurant VEA, and Terry Ho, Chef de Cuisine of French restaurant Amber, received the Master Chef Award and the Young Chef Award respectively in the Black Pearl Restaurant Guide, affirming the distinguished reputation of Hong Kong’s culinary talent in the Asian dining scene. In the “MICHELIN Guide Hong Kong Macau 2026”, more Hong Kong establishments were awarded MICHELIN stars than in the previous year, bringing a total to 77 Michelin-starred restaurants in one destination, further demonstrating the world-class standard of the city’s culinary scene.
Top Asian Chefs and Global Media Gather in Hong Kong to Experience the City’s Culinary
Capitalising on the opportunity presented by major culinary event being hosted in Hong Kong, HKTB arranged exchanges between leading Asian chefs and renowned local culinary talent, enabling them to experience the city’s diverse gastronomic offerings and produce promotional videos dedicated to “Taste Hong Kong”. In addition, HKTB leveraged its global network to invite media representatives from the Chinese Mainland, Taiwan, South Korea, Southeast Asia and other key markets to visit Hong Kong. In addition to attending the award ceremony for media coverage of the event, HKTB curated a series of immersive culinary experiences to fully showcase Hong Kong’s unique charm as a Culinary Capital.
Highlights of the itinerary included engaging with local master chef Vicky Cheng to gain firsthand insight into his exceptional culinary skills and cooking philosophy; participating in a dim sum workshop led by master chef Wong Lung-to, Executive Chef of Forum Restaurant, to learn how to make classic Cantonese dim sum such as siu mai (Cantonese pork dumplings) and har gow (shrimp dumplings); and joining an egg tart baking workshop. Media representatives were also invited to dine at several listed restaurants and visit emerging bars to experience Hong Kong’s diverse food and beverage culture in full. Through in-depth media coverage, the media trip will help promote Hong Kong’s distinctive culinary appeal to audiences worldwide, attracting more visitors to explore “Taste Hong Kong” and further consolidating the city’s status as a Culinary Capital.
11 Exclusive Collaborative Signature Sessions around the Awards Ceremony to Share Hong Kong’s Gastronomic Experiences
To encourage locals and visitors to immerse themselves in the vibrant atmosphere surrounding the award ceremony, HKTB partnered with the organiser for the first time this year to invite 40 internationally renowned and local award-winning restaurants to present 11 limitedtime collaborative Signature Sessions covering various global cuisines, bringing multiple tasting surprises to locals and visitors. The events attracted many locals and visitors, allowing everyone to experience the charm of global cuisines converging in Hong Kong at a single table.
Popular Variety Shows Drive Tourism and Encourage Visitors to Experience Hong Kong’s Diverse Culinary Delights through “Taste Hong Kong”
In line with the “Taste Hong Kong” Gourmet Guide launched in January, which covers all neighbourhoods across the city and features chef-recommended restaurants, HKTB has stepped up its promotional efforts in key source markets, such as the Chinese Mainland, Taiwan, New Zealand, South Korea and Southeast Asia. By collaborating with popular local food variety shows, HKTB showcased Hong Kong’s diverse dining culture to wider audiences, further enhancing international interest in Hong Kong’s culinary tourism.
In the Chinese Mainland, HKTB promoted culinary travel to Hong Kong through a Chinese New Year food programme on Shenzhen Satellite TV, with master chefs introducing restaurants recommended in the Guide and visiting specialty streets such as “Dried Seafood Street” and Shanghai Street, locally known as “Kitchenware Street”, to explore the charm of Hong Kong’s neighbourhoods. HKTB also partnered with New Zealand’s popular programme Seven Sharp, inviting media to visit Sham Shui Po to taste authentic local snacks, such as pineapple buns, milk tea, tofu pudding and dumplings, and to dine at a time-honoured Western restaurant to sample Swiss chicken wings and soufflé, showcasing Hong Kong’s diverse food culture. In addition, HKTB collaborated with Taiwan’s Super Taste, South Korea’s Boss in the Mirror, and multiple travel and food programmes in Thailand and the Philippines, featuring visits to recommended restaurants and exchanges with local master chefs. Through the broad influence of these variety shows, HKTB is actively showcasing the unique charm of “Taste Hong Kong”, attracting more visitors to embark on a culinary journey in Hong Kong.
Full results of Asia’s 50 Best Restaurants 2026: https://www.theworlds50best.com/asia/en/list/1–50
Hashtag: #HKTB
The issuer is solely responsible for the content of this announcement.
A newly documented BlankGrabber infection chain is using a bogus “certificate” loader to disguise a multi-stage Windows compromise, adding another layer of deception to a commodity stealer already known for targeting browser credentials, crypto wallets and messaging sessions. Security researchers say the campaign abuses certutil. exe, a legitimate Windows utility, to make malicious code appear routine, while later stages rely on Rust, Python and packed archives to […]
Oracle WebLogic operators are under pressure to close a critical security gap after attackers began probing and exploiting a newly disclosed flaw on the same day public exploit code appeared, according to a honeypot study that tracked activity against a vulnerable WebLogic environment over 12 days. The vulnerability, tracked as CVE-2026-21962, carries a CVSS severity score of 10.0 and affects Oracle HTTP Server and the WebLogic Server […]
The European Commission has confirmed a cyberattack on cloud infrastructure supporting parts of the Europa. eu web platform, with the intrusion discovered on March 24 and swiftly contained as investigators assess whether data was taken from affected public-facing services. The Commission has said its internal systems were not hit. The breach centres on a compromised Amazon Web Services account used to host elements of the Commission’s web […]
Safe-haven demand pushed the US dollar towards its strongest monthly advance since July, as investors sought liquidity and relative shelter from a widening Middle East energy shock while also scaling back expectations for Federal Reserve easing this year. The dollar index was trading near 100.17 on March 27 and was up about 2.6 per cent for the month, a move that outpaced most major peers. Currency […]
Seychelles has used two high-level forums in Malabo to press for stronger backing for small island states and to elevate youth priorities within the Organisation of African, Caribbean and Pacific States, with Foreign Affairs and Diaspora Minister Barry Faure taking a visible role in both meetings. The government said Faure addressed the Small Island Development States forum and later served as rapporteur at the youth forum, […]
Arabian Post Staff -Dubai Omniyat has moved to reassure investors that it has enough liquidity to meet its debt obligations after the Dubai ultra-luxury developer was placed on watch for a possible downgrade, arguing that its cash position and funding profile leave it well equipped to handle maturities without depending on a fresh burst of property sales or a quick return to calmer markets. The company said […]
Blackstone has invested $250 million in an Abu Dhabi-based payments and data intelligence platform aimed at regulated digital markets, pressing ahead with a Gulf deal even as the war involving Iran continues to unsettle investors, energy markets and regional transport links. The investment in Advanced Digital Gaming Technology, or ADGT, marks what LSEG identified as the first private equity-backed inbound transaction in the Gulf since the conflict […]
As of December 31, 2025, total paying subscribers reached an all-time high of 16.91 million, a substantial 34.1% YoY increase, with a subscription rate of 6.1%, up 1.4 percentage points from 2024.
AI Agent-Integrated Products Gain Explosive Popularity, Driving Strong Penetration and Monetization Growth
Following the July launch of RoboNeo (Meitu’s flagship AI visual design agent), Meitu integrated AI Agent capabilities across most of its product portfolio to enhance workflow automation and user experience.
As such, Meitu’s productivity tools segment achieved an all-time high 9% subscription rate, up 3.1 percentage points YoY. Paying subscribers of this segment grew to 2.16 million, representing a significant 67.4% YoY growth, with international paying subscribers more than doubling.
The segment comprises three core tools: DesignKit specializing in AI workflows for e-commerce design,Kaipai and Vmake specializing in AI workflows for video production.
Backed by AI Agent empowerment, in 2025, DesignKit established strategic partnerships with leading global e-commerce platforms including Alibaba, JD.com, and Amazon. Kaipai focuses on verticals including healthcare, education, beauty, insurance, and real estate, empowering industry users to create professional talking videos. In 2025, Kaipai’s MAU nearly doubled, and paying subscribers tripled. Vmake targets fitness and wellness markets, achieving rapid MAU growth in the U.S., with Annual Recurring Revenue (ARR) reaching approximately USD 3 million.
Meitu’s leisure product segment including the Meitu app, BeautyCam and Wink maintained robust user engagement. The paying subscribers for the leisure segment grew 30.3% YoY to 14.75 million, driving the segment’s subscription rate to a solid 5.9%.
Globalisation Milestones: Expanding Footprint in High-ARPU Regions
Meitu’s Globalisation strategy achieved significant progress, with MAU in markets outside Mainland China surpassing the 100 million milestone, a 6.3% YoY increase. International paying subscriber growth accelerated in the second half of 2025, with the majority of new additions coming from high-ARPU regions including Europe, the Americas and East Asia, enhancing the sustainability of international monetization.
AI Technology Advancement & Industry Recognition
Following the training of its self-developed large vision model’s foundational capabilities in 2024, the company has since shifted its R&D priorities towards vertical-specific model training and application-level optimization to better address targeted user needs, consistent with its model-agnostic strategy. In 2025, the company’s total R&D expenses grew moderately by 3.8% YoY.
Meanwhile, on Andreessen Horowitz (a16z)’s “Global Top 50 Gen AI Mobile Apps” list, Meitu ranked first in the photo, video and design category by the number of featured products, with four apps selected. This external recognition reinforces Meitu’s position as a leading global AI application company in imaging, video and design.
Fueled by sustained R&D investment, Meitu is systematically deploying AI Agents into scalable productivity workflows. Going forward,Meitu will continue expanding diverse imaging skills to empower global developers and users with professional-grade AI creation experiences.
Hashtag: #Meitu
The issuer is solely responsible for the content of this announcement.
Qatari billionaire Sheikh Hamad bin Jassim bin Jaber Al Thani has taken a stake in German robotics company Neura Robotics, adding Gulf capital to one of Europe’s biggest funding pushes in humanoid and cognitive machines. The investment places the former Qatari prime minister alongside Amazon in Neura’s latest financing, while corporate filings cited by Bloomberg show he became a shareholder through Prime Capital SA, a unit […]
Mubadala Energy has secured the Southwest Andaman exploration Production Sharing Contract in Indonesia, giving the Abu Dhabi-based company full control of a new offshore block that strengthens its growing position in one of Southeast Asia’s most closely watched gas frontiers. The contract was awarded under Indonesia’s Gross Split regime, under which the contractor bears all operating and capital costs, and the company will hold a 100 per […]
Hundreds of organisations using Microsoft 365 are facing a fast-growing phishing threat that sidesteps conventional multi-factor authentication controls by abusing a legitimate Microsoft sign-in process rather than breaking it. Security researchers tracking the activity say more than 340 organisations across the United States, Canada, Australia, New Zealand and Germany have been affected, with attacks accelerating through March after the first known cases were detected on February 19. […]
By Arun Srivastava The Naxalite movement, originating from a 1967 peasant uprising in Naxalbari, West Bengal, has witnessed numerous “twists and turns,” evolving from a localized armed insurrection into a fragmented insurgency and, in recent years, a shrinking threat experiencing mass surrenders and gruesome killings of cadres by the security forces. But one evolution is […]
The article Twists And Turns In Naxalite Movement In Last Six Decades After 1967 Uprising appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Co-presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust, “No Limits” 2026 will collaborate for the first time with Hong Kong Chinese Orchestra (HKCO) to jointly present Light and Shadow on Strings. The concert will be held on 28 March 2026 (Saturday) at 3pm at the Tsuen Wan Town Hall Auditorium. Featuring a 50-member HKCO ensemble alongside rising erhu star Yang Enhua, the performance brings together solo, chamber and orchestral works in a celebratory programme of Chinese music, showcasing the artistic synergy that emerges when musicians of diverse abilities share the same stage.
The concert is one of the major programmes of “No Limits” 2026 and marks HKCO’s inaugural participation in this inclusive festival, representing a significant step forward in advancing inclusive arts within Hong Kong’s mainstream cultural landscape.
Rupert Woo Pak-tuen, Associate Conductor of HKCO and Resident Conductor of the Hong Kong Young Chinese Orchestra, will lead the ensemble and Yang Enhua in a selection of orchestral works. These include the huqin quartet Ru-Meng-Ling, the five-piece combo Autumn Moon on a Placid Lake, and the string quintets Three Variations on Yangguan and A Joyful Evening. The programme also features Tam Yat-sing’s Eternal Night, which was named the Audience’s Favourite at HKCO’s 2023 Music from the Heart concert. Through diverse ensemble formations, the performance weaves a richly layered world of Chinese music, revealing both the delicacy and dynamism of Chinese music through refined musical dialogue.
Yang Enhua will perform three solo works: Dishui Nanyin Words of the Blind, recognised as part of Hong Kong’s Intangible Cultural Heritage; Sun Wenming’s renowned Farewell; and Hua Yanjun (Ah Bing)’s iconic Reflection of the Moon on the Water. Through nuanced expression and tonal depth, these works embody both the inheritance and innovation of traditional Chinese music, conveying resilience and dignity of spirit amid adversity.
The concert will also present the world premiere of Luminous Sound Journey, a newly commissioned work by cross-disciplinary composer Luk Wai-chun, commissioned by “No Limits” and HKCO. Inspired by the sensory experiences of visually impaired individuals in perceiving light and sound, the piece intertwines sonic and visual imagination, guiding audiences into a musical journey that transcends perception and expectation.
Co-produced by “No Limits” and HKCO, Light and Shadow on Strings marks an important milestone in the journey of inclusive arts towards the mainstream stage.
Eddy Zee, Project Director of “No Limits”, said: “Light and Shadow on Strings is an important embodiment of No Limits’ commitment to advancing inclusive arts into the mainstream. The collaboration between Hong Kong Chinese Orchestra and erhu soloist Yang Enhua demonstrates how the spirit of inclusion can be realised on the foundation of professional artistic excellence, revealing the distinctive creative energy that emerges when mainstream musicians and artists of diverse abilities come together.”
Dr Chin Man-wah, Executive Director of the Hong Kong Chinese Orchestra, said: “There are multiple perspectives when it comes to defining the success of a social care project; it is not just about the audience attendance rate, but more importantly about the cultivation of talent, the accumulation of experience, and the establishment of mindsets.”
Rupert Woo Pak-tuen, Associate Conductor of the Hong Kong Chinese Orchestra and Resident Conductor of the Hong Kong Young Chinese Orchestra said: “Light and Shadow on Strings reveals the rich layers of Chinese music, from the subtle intimacy of solo passages to the powerful resonance of ensemble works. Through this collaboration, we hope audiences can experience the music’s purity of tone, its striking contrasts, and the profound emotional intensity it carries. This programme serves to illustrate our vision of harmony in diversity and our unwavering commitment to inclusion.”
Yang Enhua said:”Music has always been my bridge to the world, leading me beyond the boundaries of visual impairment. Through this performance, I hope to show how sound carries emotion and imagination, and to embrace the diverse ways we all perceive the world. I truly value this collaboration with No Limits and Hong Kong Chinese Orchestra. Their professionalism and trust have allowed us to create and share the sincere power of music on equal ground.”
Light and Shadow on Strings is the closing programme of the eighth edition of No Limits. For details, please visit: www.nolimits.hk.
| Light and Shadow on Strings | |
| Date and Time | 28 March 2026 (Sat), 3pm |
| Venue | Auditorium, Tsuen Wan Town Hall |
| Ticket | HK$258、HK$198 |
| Accessibility Services | Subtitles in Chinese and English, house programme in audio format and extra wheelchair seating available; guide dogs welcome |
| Note | Approx. 80 minutes with one interval The performance contains smoke effects The performance contains scenes of near complete darkness |
| Song | Composer / Arranger |
| Dishui Nanyin Words of the Blind | Yang Enhua |
| Erhu Solo Farewell | Sun Wenming |
| Erhu Solo Reflection of the Moon on the Water | Hua Yanjun
Orch.by Ding Guoshun |
| Five-piece Combo Autumn Moon on a Placid Lake | Lui Man Shing |
| Huqin Quartet Ru-Meng-Ling | Yang Chunjia |
| String Quintet Three Variations on Yangguan | Ancient Tune
Arr. by Hu Dengtiao |
| String Quintet A Joyful Evening | Hu Dengtiao |
| Eternal Night | Tam Yat sing |
| Seeking (The Third Movement of The Desert Smoke Suite) | Zhao Jiping |
| Luminous Sound Journey (Commissioned by No Limits and HKCO / World Premiere) | Luk Wai-chun |
Hashtag: #NoLimits
The issuer is solely responsible for the content of this announcement.
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 
https://www.nolimits.hk.
Founded in 1977, Hong Kong Chinese Orchestra is often invited to perform at famous venues and festivals all over the world, having covered Europe, North America, Asia, Australia and the Arctic Circle to date. It is therefore acclaimed as a leader among full-sized Chinese music ensembles in the international arena today. The Orchestra is set up in four sections: bowed-strings, plucked-strings, wind and percussion. The instruments include both the traditional and the improved, new versions: the bowed-string section has been using the Eco-Huqin series developed by the Orchestra since 2009. HKCO performs both traditional Chinese music and contemporary, full-length works in a variety of musical formats and contents. It also explores new frontiers in music through commissioning over 2,400 new works of various types and styles, whether as original compositions or arrangements.
About Yang Enhua
Yang Enhua began learning erhu at the age of 12, and has over fifteen years’ experience studying under Zhao Yijun, Gan Bolin, Li Aping, Peng Cheng, and Mao Qinghua of Hong Kong Chinese Orchestra. In 2022, Yang won the VSA International Young Soloists Competition and performed at the Kennedy Center, USA. In 2024, he performed in Seoul and ranked fourth in Korea’s first International Visually Impaired Solo Competition. In 2025, he won the Silver Award at the Singapore International Solo and Chamber Music Competition (Chinese Music category), and received a top ten award at the Danny Awards and the Special Grand Prize at the World Chinese Music Competition. Yang is committed to promoting musical inclusion, supporting employment for people with disabilities, and connecting communities through music. He is currently pursuing an undergraduate degree at the Hong Kong Academy for Performing Arts, supported by the Lee Hysan Scholarship.
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 https://www.hk.artsfestival.org/.
Highlights:
Financial Highlights:
| For the year ended 31 Dec | ||||
| HK$’ million | 2025 | 2024 | Change | |
| Revenue | 8,572.2 | 6,066.0 | +41.3% | |
|
7,697.8
718.9 155.5 |
5,414.5
512.0 139.5 |
+42.1%
+40.4% +11.5% |
|
| Gross profit | 486.2 | 353.2 | +37.6% | |
| Gross profit margin | 5.7% | 5.8% | -0.1 p.p. | |
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – CR Construction Group Holdings Limited (“CR Construction” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1582.HK), a building contractor in Hong Kong, announced its annual results for the year ended 31 December 2025 (“FY 2025”). During FY 2025, the revenue recorded by the Group amounted to approximately HK$8,572.2 million representing an increase of approximately 41.3% as compared to approximately HK$6,066.0 million for the year ended 31 December 2024 (“FY 2024”). Profit for the year of the Group during FY 2025 was approximately HK$42.2 million.
In FY 2025, gross profit of the Group was approximately HK$486.2 million, representing an increase of approximately 37.6% as compared to approximately HK$353.2 million for FY 2024. The Group’s gross profit margin was approximately 5.7% and 5.8% for the year ended 31 December 2025 and 2024, respectively. During the Reporting Period, earnings per share of the Group was approximately HK7.84 cents (FY 2024: HK10.74 cents).
BUSINESS REVIEW
Construction Operations
As at 31 December 2025, the Group had 50 projects on hand with an aggregate original contract sum of approximately HK$32.6 billion. During FY 2025, the Group had been awarded 15 new projects with an aggregate original contract sum of approximately HK$5.6 billion and had completed 17 projects with an aggregate original contract sum of approximately HK$6.1 billion.
Building Construction Works
In FY 2025, the revenue generated from the building construction works was HK$7,697.8 million, representing an increase of approximately 42.1% as compared to approximately HK$5,414.5 million for the FY 2024. The increase was mainly due to the increase in revenue generated from new projects and existing projects during the year.
During FY 2025, the gross profit of building construction works was approximately HK$334.6 million, representing an increase of approximately HK$96.5 million as compared to approximately HK$238.1 million for FY 2024. The gross profit margin decreased slightly to approximately 4.3% (2024: 4.4%).
Repair, Maintenance, Alteration and Addition (“RMAA”)
The revenue generated from the RMAA works increased by approximately 40.4% from approximately HK$512.0 million for FY 2024 to approximately HK$718.9 million for FY 2025.
The gross profit of RMAA works was approximately HK$93.3 million, representing an increase of approximately HK$22.4 million from the gross profit of approximately HK$70.9 million for FY 2024. The gross profit margin decreased to approximately 13.0% for FY 2025. The increase in gross profit and decrease in gross profit margin was mainly due to increase in revenue from RMAA work projects with lower gross profit margin in FY 2025.
Environmental Operations
As at 31 December 2025, the Group had 8 projects with an aggregate original contract sum of approximately HK$158.4 million and 28 projects relating to service concession arrangements and operation services.
During FY 2025, the Group demonstrated its capacity for market expansion by securing its first wastewater treatment construction contract outside of Zhejiang Province in Gaoping City, Shanxi. Furthermore, the Company strategically formed a joint venture with Tiantai Construction and the Group to pursue new opportunities in environmental services and sewage treatment, thereby enhancing its existing business.
The revenue generated from the environmental operations in FY 2025 was approximately HK$155.5 million, representing an increase of approximately 11.5% as compared to approximately HK$139.5 million for FY 2024.
In FY 2025, the gross profit was approximately HK$58.3 million, representing an increase of approximately HK$14.1 million as compared to approximately HK$44.2 million in FY 2024. The gross profit margin increased to approximately 37.5% in FY 2025. This is mainly due to increase in revenue from sewage and reclaimed water treatment services, which contributed higher gross profit margin during FY 2025.
CONTRACT COSTS
The Group’s contract costs primarily consisted of subcontracting costs, material costs, direct staff costs and site overheads. The contract costs of the Group in FY 2025 were approximately HK$8,086.0 million, representing an increase of 41.5% compared to approximately HK$5,712.8 million in FY 2024, which was in line with increase in revenue, and was mainly attributable to the increase in subcontracting costs, material costs, direct staff costs and site over heads for new and existing projects in FY 2025.
TECHNOLOGICAL INNOVATION
During FY 2025, the Group placed significant emphasis on technological innovation to enhance its core competitiveness in the construction industry. The total expenditure for research and development was approximately HK$23.3 million.
The Group continued to implement its enhanced Smart Site Safety System (4S), reinforcing our safety management framework and maintain our ISO 27001 certification. The Group has also integrated a range of digital solutions – including BIM, 4S, RPA, and the MaiaAI System – into project management and daily operation, significantly improving both efficiency and safety standards. The Group’s AI Tower Crane System received with 2025 CIC Construction Innovation Award – Local Award (Construction Safety 2nd Prize).
PROSPECTS
Subsequent to 31 December 2025, the Group has been further awarded 3 new projects relating to 1 building construction works contracts with original contract sum of approximately HK$3,590 million; and 2 RMAA works contract with an aggregate original contract sum of approximately HK$9.3 million.
The proactive measures outlined in 2025 Policy Address to accelerate infrastructure and stimulate industry growth present a significantly positive outlook for the local construction sector.
The commitment to major projects such as the Northern Metropolis, the Hong Kong-Shenzhen Innovation and Technology Park, and new transportation infrastructure is expected to generate substantial momentum for the Group’s business.
The Group will actively support and leverage government initiatives. We will remain focused on securing new and profitable project opportunities. Building on our proven expertise, the Group is strategically positioned to explore and pursue suitable construction business ventures both in Hong Kong and overseas.
Hashtag: #CRConstruction #華營建築 #AnnualResults
The issuer is solely responsible for the content of this announcement.
CR Construction Group Holdings Limited, which is carrying out construction business for over 55 years locally, is one of the leading building contractors in Hong Kong. The Group principally act as a main contractor in building construction works and RMAA works projects across public and private sectors in Hong Kong. As a main contractor, the Group is responsible for (i) overall management of the projects; (ii) formulating work programmes; (iii) engaging subcontractors and supervising their works; (iv) sourcing construction materials; (v) communication and coordination with the customers and their consultant teams; and (vi) safeguarding compliance with safety, environmental and other contractual requirements.
Threat actors are refining a deceptive cyberattack method that manipulates built-in system utilities on both Microsoft Windows and Apple macOS to deploy malicious software, marking a shift in how malware bypasses browser-based security safeguards. Security researchers have identified a coordinated campaign centred on a technique known as ClickFix, which prompts users to execute seemingly harmless commands through the Windows Run dialogue or macOS Terminal. By moving the […]
Under the MOU, Green GSM will supply 2,000 VinFast Nerio Green electric vehicles to AMRC Renewable Corp/Xentro Motors. The first 1,000 units have already been secured, with the remaining to be delivered within two years. The fleet will operate under the co-branding “Green Xentro powered by Green GSM” across Metro Manila and key urban centers, following the completion of all necessary regulatory and accreditation processes.
The Green Xentro fleet will showcase Green GSM’s signature cyan color and follow eco-friendly standards, similar to those used in other markets. Known for their quiet operation, zero tailpipe emissions, and comfortable interiors, VinFast electric vehicles aim to offer passengers a cleaner and more enjoyable ride.
Green GSM, which began deploying its all-electric ride-hailing service in the Philippines earlier this year, is developing a partner-based operational approach to increase EV adoption while fully complying with local regulations. AMRC Renewable Corp/Xentro Motors viewed this collaboration as an opportunity to contribute to the country’s growing sustainable transportation movement. Once all approvals are secured, the fleet will begin operations under the Green GSM platform.
Through this partnership, Xentro Motors will also utilize its nationwide Xentro Malls network to offer accessible pick-up zones, EV charging stations, and parking areas, improving convenience for passengers and drivers. This initiative supports the group’s broader goal of incorporating sustainability into its retail and property ecosystem.
The partnership will also benefit from VinFast’s service ecosystem, which includes fleet maintenance, charging infrastructure, and driver support, strengthening Xentro’s collaboration with the Vietnamese automaker.
“We are honored to partner with Green GSM in bringing all-electric ride-hailing closer to Filipino communities,” said Mr. Noel M. Ignacio, CEO of Xentro Motors. “This collaboration reflects our belief that sustainability and progress can go hand in hand. By integrating electric mobility into our ecosystem, we aim to support the country’s long-term transport modernization goals and enhance daily commutes for users.”
“This partnership with Xentro Motors marks another important step in our regional journey,” said a representative of Green GSM. “Green GSM always welcomes and creates favorable conditions for local businesses to collaborate on the GSM platform. Across the countries where GSM operates, we have successfully partnered with and supported more than 100 enterprises in building sustainable business models within the electric mobility ecosystem. Xentro is the first of such valued partners in the Philippines, and we believe this cooperation will set a positive example for future collaborations. Our mission remains clear, to work alongside partners who share the same vision for cleaner, smarter, and more inclusive mobility, because when communities and businesses move together, everyone benefits”.
The collaboration represents a shared belief that meaningful change in mobility begins with collective effort. By combining Green GSM’s expertise in electric ride-hailing with Xentro Motors’ strong local network, the two companies aim to make sustainable transport accessible to more Filipinos and to inspire a growing movement toward cleaner, smarter everyday journeys.
Hashtag: #GSM
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Voicecomm Technology Co., Ltd. (“Voicecomm Technology” or the “Company“, Stock Code: 2495.HK), a core technology provider and ecosystem operator of trustworthy conversational AI in China, announced its annual results for the year ended December 31, 2025. Leveraging its deep technological expertise and forward-looking strategic initiatives in trustworthy conversational AI, the Company achieved steady revenue growth, continuous improvement in profitability, and a significant enhancement in operating cash flow, further strengthening its competitive edge in the enterprise-level trustworthy Agent sector.
Gross Profit Margin Steadily Improves, Operating Cash Flow Turns Strongly Positive
In 2025, the Company’s total revenue successfully exceeded the RMB1 billion mark, reaching RMB1,006.9 million, representing a year-on-year increase of 7.0%. Gross profit amounted to RMB551.2 million, increased by 8.0% from the previous year, while the gross profit margin increased by 0.5 percentage point to 54.7% from 54.2% in the same period last year, reflecting the high-value-added products and technical services of the Company, as well as effective cost control.
Notably, the Company’s net cash generated from operating activities turned strongly positive, reaching a net inflow of RMB212.5 million, compared to a net outflow of RMB129.2 million in the same period last year. This improvement underscores enhanced operational efficiency and reflects strengthened receivables management, which accelerated cash collection.
Profit for the year amounted to RMB140.2 million. The significant increase in net profit compared to the same period last year was mainly attributable to eliminating the impacts of changes in carrying amount of redeemable capital contributions, an accounting adjustment arising from financing agreements entered into with shareholders prior to the Listing and completion of the Global Offering.
Increasing R&D Investment to Strengthen the Trustworthy Agent Technology Foundations
As a technology-centric product company, Voicecomm Technology remains committed to the independent R&D and innovation of underlying technologies. In 2025, the Company’s research and development expenses reached RMB224.3 million, representing a substantial year-on-year increase of 67.7%. The investment was primarily directed towards developing Agents with continuous learning capabilities and a technical framework for Multi-agent collaboration, aiming to enhance technological capabilities and elevate the level of product innovation. This reinforces our trustworthy Agent technical architecture composed of three layers: “Multimodal Perception + Multi-model Thinking + Multi-agent Collaboration”.
This architecture takes the “meta-model” as the core to effectively alleviate the common pain points of in enterprise-level implementation, such as hallucinations, controllability and data security, by integrating the generalization capabilities of large language models with the precision of vertical domain knowledge. On this basis, the Company have formed a deliverable and operable trustworthy Agent product system, to ensure that the Agents are usable, manageable, and controllable in enterprise environments, thereby powering the intelligent upgrade of six core application scenarios: City management and administration, Automotive and transportation, Telecommunications, Finance, Healthcare, and Energy management.
Productization Strategy Drives Deep Application across Six Core Scenarios
Voicecomm Technology focuses on empowering various industries through superior products and technologies. In 2025, leveraging its mature product matrix, the Company successfully established replicable benchmark standards across multiple application scenarios.
City Management and Administration: As a leading solution provider in the smart government sector in China, the Company’s business has covered more than 130 prefecture-level cities. The “Smart Government Agent” deeply integrates the capacities of large language models, enabling more intelligent and automated government services with standardized and intelligent applications in scenarios such as government hotlines and city governance.
Automotive and Transportation: The Company successfully established benchmark autonomous driving projects in cities such as Mianyang, Zibo, and Ezhou, building a successful and replicable “Smart Transportation Agent” solution. For the Mianyang Science and Technology New City project, a total of 96 autonomous vehicles have been deployed, and the project was successfully selected as a National AI Application Pilot Testing Base in the transportation sector. In January 2026, the Company newly won the bid for the “Ezhou Huahu Airport Smart Port” autonomous driving bus procurement and operation project, further expanding its application boundaries.
Healthcare: In January 2026, the Company successfully won the bid for the “Chuannan Smart Valley AI Vertical Large Model Innovation Platform – Silver Economy Construction and Operation Project” in Neijiang City, Sichuan Province, with a total contract value of nearly RMB300 million. This project represents the Company’s first “AI + Elderly Care” city-level benchmark demonstration project. It adopts a closed-loop collaborative model of “online platform + offline service network + home terminals,” integrating Agents capabilities with the Company’s “vertical small model microservices” system in areas such as Health Early Warning, Cognitive Ability Assessment, and emotional companionship into a productized solution, thereby establishing rapidly replicable city-level smart elderly care operational benchmark.
Telecommunications, Finance, and Energy Management: The Company continues to deepen collaborations with leading enterprises in the telecommunications and finance sectors, leveraging the “Telecommunication Service Agent” and “Financial Service Agent” to enhance service efficiency and user service value. Meanwhile, its AI-powered smart charging solution has been progressively integrating charging pile networks in China and across several Southeast Asian countries.
Benefiting from the successful implementation of the Company’s productization strategy and the high level of market recognition for its trustworthy Agent solutions, as of December 31, 2025, the Group’s project pipeline and orders in hand saw significant growth. The number of ongoing projects at year-end increased to 320, representing a year-on-year increase of 41.6%, while the outstanding contract sum at year-end rose to RMB1,048.9 million, a year-on-year increase of 57.4%, reflecting the continued expansion of the Company’s business.
Future Outlook: Focusing on the Trustworthy Agents Ecosystem with Four Strategic Priorities
Looking ahead, the Company will firmly focus on its goal of “building a trustworthy conversational AI ecosystem” and will advance the following strategic priorities:
Overall and Technology Strategy: Continue to focus on R&D and innovation in frontier technologies such as multi-modal fusion and trustworthy intelligence, promoting the deployment of trustworthy agents across more application scenarios. By creating open technology platforms and standards, the Company will attract more developers and partners to jointly build a prosperous and win-win industrial ecosystem.
Market Strategy: Establish benchmarks for quality and innovation within the industry and deepening partnerships with various service channels. At the same time, the Company will actively expand into the C-end market, extending cutting-edge technologies to a wider user base, thereby expanding the influence and commercial value of the ecosystem.
Regional Strategy: Domestically, the Company will continue to deepen its partnerships with major cooperating cities to create smart city benchmark cases. Internationally, the Company will actively respond to the “Belt and Road” initiative, grasp the tremendous potential of emerging markets, and promote the Company’s trustworthy Agent products and services globally to enhance its international brand image.
Investment Strategy: Through prudent strategic investments and M&A, the Company will optimize the layout of the upstream and downstream industry chains and consolidate the stability and competitiveness of the ecosystem.
DR.Tang Jinghua, Chairman ofVoicecomm Technology Co., Ltd., said: ” 2025 was a landmark year for Voicecomm Technology. We not only achieved a strong turnaround in operating cash flow and a steady increase in gross profit margin financially, but we also completed a strategic leap at the technological and business level towards becoming a ‘a core technology provider and ecosystem operator of trustworthy conversational AI.’ We deeply understand that the essence of enterprise-grade AI lies in creating replicable and reliable products and technology foundations. During the year, we significantly increased R&D investment and successfully applied our trustworthy Agents across six core scenarios, particularly in city-level benchmark projects in emerging fields like smart elderly care, showing the strong competitiveness of our productization strategy. Looking to the future, we will continue to pursue the goal of ‘building a trustworthy conversational AI ecosystem,’ leveraging an open platform to gather ecosystem partners and empowering diverse industries with innovative technology, thereby creating long-term sustainable value for our shareholders and society. ”
Hashtag: #Voicecomm
The issuer is solely responsible for the content of this announcement.
Founded in 2005 and headquartered in Wuhan, Voicecomm Technology is one of the leading core technology providers and ecosystem operators of trustworthy conversational AI listed on the Main Board of the Hong Kong Stock Exchange, and obtained the qualification as National-level SRDI, Technology Little Giant and High-Tech Enterprise. Leveraging its proprietary trustworthy Agent，the Company overcomes pain points in the commercialization of large language models, such as hallucinations and compliance issues, ensuring AI is usable, manageable, and controllable in enterprise environments. For enterprise-level customers, the Company provides AI services covering the entire process of “communication –decision – execution”. Its trustworthy Agent solutions have been widely deployed across multiple scenarios, including City management and administration, Automotive and transportation, Telecommunications, Finance, Healthcare, and Energy management, and it is dedicated to empowering the intelligent transformation of diverse industries.
By Nitya Chakraborty U.S. President Donald Trump finally rescheduled his much awaited visit to China on May 14 and 15 by announcing in his Truth Social there by creating big interest in the diplomatic circles about the possibility of a sort of ceasefire in the current West Asian war before the scheduled trip to Beijing. […]
The article Trump-Xi Summit Rescheduled On May 14-15 In Beijing Worries Japan And Taiwan appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
HONG KONG SAR – Media OutReach Newswire – 26 March 2026 – WRISE Group (“WRISE“), one of Asia’s fastest-growing independent wealth management firm, announced that WRISE Prestige, has established a strategic partnership with China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)“), one of the region’s most established asset managers. Through this collaboration, WRISE Prestige will serve as the first launch partner in Hong Kong with a period of exclusive access to the ChinaAMC Select Asia Bond Fund (INC share class), offering clients a compelling fixed income solution designed for yield and diversification. To mark the partnership and the launch of the exclusive share class, WRISE Prestige and ChinaAMC (HK) co-hosted an event yesterday to formally announce the collaboration and introduce the investment strategy behind the ChinaAMC Select Asia Bond Fund to invited guests and clients.
The ChinaAMC Select Asia Bond Fund adopts a flexible, benchmark-unconstrained investment approach, allowing the fund manager to capitalise on opportunities across Asian credit markets dynamically. By focusing on fundamentally sound issuers, with a particular emphasis on China and the broader Asian region, the Fund seeks to deliver attractive risk-adjusted returns. Its strong historical track record underscoring the robustness of its investment process.
Recent geopolitical tensions have triggered significant volatility across global financial markets, making diversified, income-oriented strategies that can navigate geopolitical uncertainty paramount for sophisticated investors seeking portfolio resilience. With a target dividend yield of approximately 9%*, the Fund’s Income share class is positioned to address the increasing demand among Asian investors for stable and sufficient cash flow solutions. This income-focused strategy complements the broader portfolio needs of high-net-worth individuals seeking resilience and yield beyond traditional asset classes.
Henry Shin, Chief Executive Officer of WRISE Prestige, said: “We are delighted to partner with ChinaAMC to bring the ChinaAMC Select Asia Bond Fund (Income Share Class) to our clients as an exclusive launch in Hong Kong. In today’s volatile geopolitical landscape, investors require solutions that can adapt to changing conditions while delivering consistent income. The ChinaAMC Select Asia Bond Fund embodies this approach, offering flexible mandate and strong yield potential that make it a valuable addition to our curated platform.”
Barney Gao, Head of Strategic Client Development at China Asset Management (Hong Kong), said, “We are pleased to collaborate with WRISE Prestige to introduce the ChinaAMC Select Asia Bond Fund (Income Share Class) to investors in Hong Kong. This partnership reflects our commitment to delivering innovative and performance-driven investment solutions to a broader audience. With its focus on Asian bond markets and a flexible investment strategy, the Fund is well-suited to meet the income and diversification needs of investors in the region.”
This partnership highlights WRISE’s ongoing strategy to broaden access to best-in-class asset managers and deliver tailored investment solutions that address the complex and evolving needs of private wealth clients across Asia.
Important Information
This document is issued by WRISE Prestige Securities Limited (CE No. BSJ229). This document is for information purposes only and does not constitute and should not be construed as an offer, solicitation, recommendation or advice to buy or sell any investment product, nor should it be regarded as investment research.
Investment involves risks. The value of investments may go down as well as up and investors may not get back the principal invested. Past performance is not indicative of future performance.
The ChinaAMC Select Asia Bond Fund is authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. SFC authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors.
Distributions (if any) are not guaranteed. Distribution rates are not indicative of the Fund’s return. The Fund may pay distributions out of income and/or capital (or effectively out of capital), which may result in an immediate reduction of the Fund’s net asset value.
This document has not been reviewed by the SFC.
* The Manager may at its discretion pay dividend out of capital or effectively out of the capital of the Funds. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any such capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Unit.
Hashtag: #WRISE
The issuer is solely responsible for the content of this announcement.
WRISE is one of Asia’s fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen, Changsha, Taipei and Tokyo, WRISE is home to one of the largest networks of independent qualified advisors. With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today’s financial landscape.
WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WRISE Prestige (Hong Kong) Limited, WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong), WRISE Capital (Hong Kong), WRISE Financial Services (Hong Kong) and affiliates including WeWrise Services.
Established in 2008, China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)”) is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 464.5 billion assets under management as of December 31, 2025.
ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 17 years. Boasting robust expertise in a variety of asset classes, covering equities, fixed income, ETF, L&I products, digital assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. All efforts align with their vision of being “Beyond China Expert”.
