News related to
Hong Kong

By Nitya Chakraborty Just two weeks before the scheduled summit of U.S President Donald Trump with the Chinese President Xi Jinping in Beijing on May 14-15, the report of the World Intellectual Property Organisation (WIPO) on the status of AI related applications, has unnerved the U.S. administration as the latest Chinese supremacy in robot related […]

The article China’s Lead Over U.S. In AI Patent Applications Casts Its Shadow Over Trump-Xi Summit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

HONG KONG SAR – Media OutReach Newswire – 30 April 2026 – As urban life in Hong Kong places growing emphasis on efficiency, health and space utilisation, a truly future-facing bathroom brand has officially arrived. Leisure Plus Building Products Company Limited, which has been rooted in Hong Kong for nearly three decades, has officially announced its appointment as the Hong Kong sole agent for global bathroom leader JOMOO. Together, the two companies are bringing world-renowned premium smart bathroom products to the Hong Kong market, using JOMOO’s leading AI-powered digital technology to deliver innovative bathroom solutions tailored to the city’s unique living environment. This partnership not only marks the arrival of a heavyweight international brand in Hong Kong’s bathroom market, but also signals a new AI-driven era for local homes and commercial spaces.

For Hong Kong people, the bathroom has never been a purely functional space. Within a limited footprint, it carries cleansing, grooming, care, storage, and the rhythm of how each day begins and ends. Space is compact, humidity is high, storage must be efficient, and expectations for the user experience keep rising. JOMOO’s arrival in Hong Kong answers the city’s pursuit of efficiency, comfort, health and aesthetics with world-leading AI bathroom technology. The brand is also introducing several smart toilets and innovative bathroom mirror cabinets for their Hong Kong debut, showing how bathroom AI can move from concept into daily life and become a real part of improving everyday living.

Leisure Plus Building Products said: “Bringing JOMOO to Hong Kong reflects Leisure Plus’s deep insight into the future of living. We see Hong Kong’s premium bathroom market moving beyond traditional hardware into a new stage that combines smart technology, health management, space integration and sensory experience. By partnering with JOMOO, Leisure Plus is bringing globally leading AI smart bathroom technology to Hong Kong, not only adding an international-calibre brand to the market, but also redefining daily life through technology, enabling the bathroom to evolve from a single-function space into a core living space that delivers comfort, efficiency and wellness value.”

JOMOO: Reshaping the Bathroom Experience with AI and Unrivalled Global Leadership

Founded in 1990, JOMOO has long ranked No.1 in China’s bathroom industry and among the world’s top three. With technology-driven bathroom living at its core, the brand combines R&D, intelligent manufacturing and innovative design, and is committed to redefining premium living through AI. As the pioneer behind the “AI BATH” scene-based brand, JOMOO breaks away from conventional product thinking with pioneering motorised flip-and-discharge cleansing technology that significantly improves performance while achieving library-level quietness. Combined with AI robotic self-cleaning and contact-free health sensing technologies, it deeply integrates artificial intelligence, biosensing and everyday bathroom use, delivering more proactive and thoughtful health support for users.

In this high-profile move into Hong Kong, JOMOO is guided by the strategy “Tech Bathroom, Global JOMOO”, bringing not only products but also a lifestyle upgrade powered by AI. Tailored to Hong Kong’s compact and humid living environment, the brand offers smart, space-saving and health-enhancing bathroom solutions, helping lift the overall standard of bathroom living in the city.

From Smart Toilets to Bathroom Cabinets: A Powerful New AI Bathroom Lineup Arrives in Hong Kong

G06 and G08 Smart Digital Toilets

In Hong Kong’s space-constrained homes, bathroom spaces often face multiple challenges, including limited room, humidity and restricted functionality. Tailored specifically for Hong Kong homes, JOMOO is introducing two flagship smart toilets and one smart bathroom cabinet that use AI-powered digital technology to resolve the tension between space and functionality in one stroke, bringing consumers a world-leading premium smart bathroom experience. The G06 Smart Digital Toilet is an entry choice that balances intelligence, comfort and practicality, while the G08 Smart Digital Toilet comes with an upgraded digital display and a more comprehensive smart feature set, taking comfort, convenience and technology to a new level.

To address the common problem of compact bathrooms in Hong Kong, both products are equipped with features such as “triple foot-sensing control”, “smart wireless control” and “auto-flush on departure”. Users do not need to twist sideways or make unnecessary movements, and can enjoy a freer, smoother toilet experience even in narrower bathroom spaces. With an IPX4 water-resistance rating, the products also handle Hong Kong’s humid environment with ease, delivering reassurance and durability in everyday use.

Product highlights:
– Triple foot-sensing control with automatic lid opening for elegant use even in narrow spaces
– AI smart temperature sensing and adjustment for lasting comfort
– High-definition digital display showing water and seat temperature at a glance
– Multiple cleansing modes with antibacterial nozzle and warm-air drying system
– Soft-glow night light and backup flushing during power outages
– IPX4 high-efficiency water resistance for humid environments

Pricing:
– G06 Smart Digital Toilet:
Original price HK$5,980; promotional price HK$4,980

– G08 Smart Digital Toilet:
Original price HK$8,580; promotional price HK$5,980

Revolutionary Smart Bathroom Cabinet: VERA Jinci Series

Addressing the core issue of limited bathroom space in Hong Kong’s mainstream residential developments, JOMOO will soon launch the suspended VERA Jinci Series Smart Bathroom Cabinet. Powered by AI technology, it integrates three major functions – beauty-product preservation, dedicated wash care, and smart mirror features – so that every inch of space delivers greater value and daily routines become more precise, smoother and more relaxed, completely reinventing the bathroom experience.

Product highlights:
– 998x532x1900mm suspended golden-ratio structure with zero hygiene blind spots
– Built-in cosmetics fridge with AI-controlled constant temperature and humidity for skincare freshness
– Built-in 0.8kg mini drum washer with six cleansing modes tailored for small items
– Mirror with touch-control natural-light ambience and one-touch defogging
– High colour-rendering mirror for true-to-tone makeup application
– Moisture-resistant eco solid-wood body suited to Hong Kong’s maritime climate

The VERA Jinci Series Smart Bathroom Cabinet is scheduled to officially launch in Hong Kong in mid-2026. Consumers will be able to experience its intelligent features firsthand at JOMOO’s Hong Kong experience store. (Price to be announced)

Hashtag: #JOMOO #LeisurePlus #SmartBathroom

https://leisureplushk.com/

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

About Leisure Plus Building Products Company Limited

Established in 1997, Leisure Plus specialises in building products and design solutions for developers, architects and designers. Its services cover the supply of bathroom and kitchen equipment, design consultancy, logistics, technical support and installation. Since entering Mainland China in 2003, the company has established subsidiaries in Shanghai and Hubei and participated in a number of landmark projects, including Vanke Zhongxing Road No.1, Shanghai Sheshan Shimao InterContinental Hotel and Wuhan Tianhe Airport Terminal 3. This sole-agency partnership with JOMOO reflects Leisure Plus’s forward-looking vision: embracing the smart home wave, understanding Hong Kong people’s living needs, and combining its extensive project experience with world-class smart bathroom technology to further enhance living quality and health experiences. (Website: https://leisureplushk.com/)

About JOMOO

Founded in 1990, JOMOO is an international fully integrated enterprise centred on smart digital bathroom solutions, firmly holding a leading global position as “No.1 in China, Top 3 in the World”. The brand has been jointly certified by Frost & Sullivan and Euromonitor as both the “World’s No.1 Smart Toilet Brand by Sales Volume” and the “No.1 Smart Toilet Brand in China”. It operates 16 R&D centres and 15 green lights-out factories worldwide, has accumulated more than 20,000 patents, and invests over 10% of annual sales revenue in R&D, continuously driving the intelligent transformation of the global bathroom industry. Its design strength has earned repeated international recognition, including the Red Dot: Best of the Best and the iF Design Award. JOMOO products are sold in more than 120 countries and regions and are installed in over 300 global landmark projects, including Emirates Palace Abu Dhabi, Burj Al Arab Dubai, The Peninsula Hong Kong and Beijing National Stadium (Bird’s Nest). JOMOO’s arrival in Hong Kong not only expands its global footprint, but also brings the market a new bathroom benchmark defined by technology, scenario-driven design and premium lifestyle quality. (Website: https://www.ejomoo.com.hk/)

Having led 100+ Hong Kong tech firms to SE Asia over the past year, accelerating global expansion through strategic collaboration

HONG KONG SAR – Media OutReach Newswire – 30 April 2026 – Hong Kong Science and Technology Parks Corporation continues to deepen its innovation and technology (I&T) collaboration with Southeast Asia, actively playing an orchestrating role in supporting Hong Kong’s tech firms go global. HKSTP debuted as an official exhibitor at Southeast Asia’s largest public safety conference, Milipol TechX Summit 2026 (MTX 2026). Under the theme “Supercharging Innovation for Our Safer Tomorrow”, MTX 2026 is a strategic platform to advance business opportunities through government-backed collaboration. HKSTP showcased 10 park companies presenting breakthrough public safety solutions and signed a Memorandum of Understanding (MoU) with Singapore’s TechX Ventures (TechX, a private subsidiary by the HTX – Home Team Science and Technology Agency of Singapore) — HKSTP’s first MoU signed with an organization in Southeast Asia — establishing a structured framework to advance cross-border innovation partnerships focused on practical applications in public safety.

Singapore and Hong Kong share a substantive relationship, grounded in regular high-level engagement. These include the Prime Minister of Singapore’s official visit to Hong Kong last month, during which he met with the Chief Executive of the Hong Kong Special Administrative Region and visited the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Hong Kong Park in the Loop). The I&T connection also features HKSTP-led delegations to Singapore platforms such as Singapore Week of Innovation and Technology (SWITCH) and SLINGSHOT 2025, etc. Over the past year, more than 100 HKSTP park companies explored Southeast Asian opportunities, securing over HK$25 million in confirmed business deals with additional potential contracts exceeding HK$20 million directly supported by HKSTP.

Eric Or, Chief Ecosystem Development Officer, HKSTP, said, “At HKSTP, we enable innovators to solve real public safety challenges where trust and demonstrated results matter most. Collaborating with TechX and Singapore’s Public Safety ecosystem gives ventures faster access to decision-makers, enables solution testing in operational environments, and supports scaling validated technologies across Asia.”

Eric Chua, Chief Executive Officer, TechX Ventures said: “SPINN District was designed to be more than a startup village — it is a proving ground where bold founders showcase innovations that matter. Seeing HKSTP’s park companies engage meaningfully with the global public safety ecosystem at MTX 2026 reflects exactly the kind of cross-border momentum we built this platform for. This MoU marks the beginning of something lasting: a structured pipeline that turns innovation into operational impact, as we work together to build a safer world.”

The collaboration between HKSTP and TechX is aimed to establish a comprehensive framework to identify, co-create, and validate operational public safety solutions. Under the partnership, HKSTP and its counterparts will move from identified needs to real deployment through annual solution scouting visits to Hong Kong Science Park, funding of around HK$600,000 (S$100,000) per company for proof-of-concept trials with Singapore Public Safety experts, and an ongoing exchange of challenges and insights. This demand-led model accelerates problem-solution fit and reinforces HKSTP’s leadership in regional safety technology collaboration.

The HKSTP Pavilion, themed “Hong Kong’s Technology for Public Safety and Security — Global Application and Global Impact,” featured 10 park companies showcasing solutions proven in deployments across Hong Kong enforcement departments, the Greater Bay Area, and Singapore-related projects. Cutting-edge public safety technologies were showcased across AI-Driven & Robotics, Network & Communications Infrastructure, and Drones, Unmanned Aerial Vehicle (UAV) & Low-altitude Economy (LAE). MTX is the largest public safety conference in Southeast Asia, the HKSTP pavilion is strategically positioned within the startup-centric SPINN District, effectively facilitated targeted engagements, secured curated matching opportunities with Singapore government agencies for each participating company, and advanced pilot projects and partnerships.

Park companies eSIX and Weitu AI participated in the signature global innovation challenge Dimension X Cohort 6 and the inaugural cohort of the In-Beta tech verification capability programme organized by Hatch, the innovation centre of Singapore’s HTX, achieving significant success. These companies were the only Hong Kong representatives selected for the programmes, underscoring the global competitiveness and real-world impact of Hong Kong’s innovation ecosystem. eSIX, which delivers patented high-speed networking for Industrial IoT and 5G-enabled remote machine control, was awarded a place at Dimension X. The company received S$100,000 in prize money to complete a four-month proof-of-concept and was invited to showcase its solutions. Weitu AI, which provides world-leading multimodal video understanding for fast, accurate analysis across industries was awarded a place at In-Beta, received S$30,000 in prize money with opportunities to verify their promising tech through rapid experimentation and onsite demo.

Building on existing engagement across the region, HKSTP will continue to strengthen collaboration with regional partners, expand support for park companies, and promote technology‑driven solutions that enhance safety and resilience. The initiative reflects HKSTP’s ongoing commitment to fostering sustained innovation and regional cooperation.

Hashtag: #HKSTP

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

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 12 unicorns, nurturing over 17,000 research talents, and hosting more than 2,500 technology companies from 26 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.

To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.

Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.

HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

About TechX Ventures

TechX Ventures is a wholly owned subsidiary of Singapore’s Home Team Science & Technology Agency (HTX) that operates at the intersection of government mandate and entrepreneurial drive. TechX serves as the engine behind a thriving innovation ecosystem where cutting-edge science and technology are put to work protecting people.

At the heart of it, TechX is established to connect global innovators and partners in advancing public safety innovation. Guided by our Safer World philosophy — the belief that progress means nothing if it doesn’t safeguard public safety — TechX approaches safety not as a sector, but as a shared mission. This conviction shapes every partnership forged, every programme designed, and every measure of success. Safety, at TechX, is our purpose.

TechX delivers its mission through two core areas of expertise: to build and to connect. TechX designs and develops innovation initiatives and programmes alongside partners from across the globe, including flagship platforms such as HTX’s Innovation Centre, Hatch — a structured innovation centre that gives frontier deep-tech a clear pathway to validate and deploy solutions for real public safety challenges. TechX also bridges industry, startups, and government agencies into a global network, producing landmark events such as Millipol TechX, and bringing international communities like DEF CON® to Singapore for the first time.

With active partnerships spanning over 30 ecosystems globally — from Hong Kong to South Korea, and the United States, TechX sits at the heart of a growing worldwide alliance united by one ambition: Bringing Together a Safer World.

The auction preview brought together a rare timepiece, a significant work of jewelry art, and a highly limited collectible — each with a provenance and a place in the collector market that extends well beyond its auction estimate. The evening was led by Vickie Sek, Deputy Chairman and Asia Pacific Chairman of Christie’s, and Alexandre Bigler, Senior Vice President and Head of Watches for Asia Pacific, whose attendance of the event in Bangkok reflects the growing weight of the city’s collector community on the regional stage. This year marks Christie’s 40th year of presence in Asia.

Porsche Design Tower Bangkok served as co-host — an adequate setting that reflects the exclusivity of the objects on display. Born from the collaboration between Porsche Design and Ananda Development PCL, the tower is guided by Professor F. A. Porsche’s founding principle of optimising function while uncompromisingly reducing form to the essentials. The result is ‘Sky Villa’ residences — distinguished by design, exclusive in the truest sense, and coveted by those who understand the true meaning and value of architectural excellence. With just 22 residences, Porsche Design Tower Bangkok underscores its profound exclusivity but unequivocally establishes it as an unparalleled, coveted address. Beyond the preview, the evening served as an intimate occasion for Porsche Design Tower Bangkok to host its clients and prospective owners within a setting that reflected the project’s own collector values.

Central to that distinction is the ‘Passion Space’ — a private collector’s garage directly connected to each residence by private lift. Whatever its owner chooses to place within it, the ‘Passion Space’ was designed with the same conviction that defined the evening: that what individuals surround themselves with is never incidental.

Porsche Design Tower Bangkok emerges as one of merely two Porsche Design residential towers globally, drawing a parallel only with its prestigious Miami counterpart.

For those who value the extraordinary, Porsche Design Tower Bangkok welcomes private viewings by appointment at pdtowerbangkok.com.

Hashtag: #PorscheDesign

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

About Porsche Design:

In 1963, Professor Ferdinand Alexander Porsche created one of the most iconic design objects in contemporary history: the Porsche 911. Following his vision to take the principles and myth of Porsche beyond the automotive world, he created the exclusive lifestyle brand Porsche Design in 1972. His philosophy and design language can still be seen in all Porsche Design products today. Every Porsche Design product stands for extraordinary precision and perfection, boasts a high level of technological innovation and seamlessly combines intelligent functionality and puristic design. Created by Studio F. A. Porsche in Austria, our products are sold worldwide in Porsche Design stores, high-end department stores, exclusive specialist retailers and the official online store (porsche-design.com).

The city’s merchandise trade gap widened to HK$89.1 billion in March 2026, equal to 12.6 per cent of the value of imports. Total exports rose 35.8 per cent year on year to HK$618.4 billion, while imports jumped 41.2 per cent to HK$707.5 billion, underscoring the unusual scale of the surge in cross-border goods flows through one of Asia’s main trading hubs.

The figures point to a mixed signal for Hong Kong’s externally oriented economy. Export growth was the strongest since early 2021, reflecting robust global demand for electronic components, telecommunications equipment, semiconductors and related supply-chain goods. Yet the sharper rise in imports left the city with a deficit larger than any monthly gap recorded over more than seven decades, highlighting the pressure created by front-loaded purchases, supply-chain repositioning and higher input costs.

For the first quarter of 2026, total exports climbed 32 per cent from a year earlier, while imports increased 37 per cent. The visible trade deficit for the quarter reached HK$168.4 billion, equivalent to 9.8 per cent of imports. On a seasonally adjusted basis, exports rose 18.4 per cent from the previous quarter, while imports advanced 20 per cent.

The most striking gains came from technology-linked categories. Exports of electrical machinery, apparatus, appliances and related parts rose by HK$99.8 billion, or 47.9 per cent, in March from a year earlier. Telecommunications and sound recording equipment exports increased by HK$40.2 billion, or 94.7 per cent, while non-ferrous metals shipments rose by HK$10.2 billion, or 175.9 per cent.

Imports showed a similar pattern, but with larger absolute increases in several categories. Purchases of electrical machinery and related parts grew by HK$106.2 billion, or 49.5 per cent. Telecommunications and sound recording equipment imports rose by HK$45.3 billion, or 93 per cent. Non-ferrous metals imports surged by HK$30.4 billion, a rise of more than 400 per cent, suggesting strong demand for materials used in electronics, data-centre infrastructure and advanced manufacturing supply chains.

The widening deficit also reflects Hong Kong’s role as a re-export centre rather than a conventional manufacturing economy. Goods imported into the city often move onwards to mainland China, Southeast Asia, the United States and Europe after financing, logistics, testing, repackaging or redistribution. During periods of strong global technology demand, import values can rise faster than exports if companies build inventories, reroute shipments or accelerate procurement to avoid transport delays.

Geopolitical tensions have added another layer of volatility. The war in the Middle East has pushed up energy prices, raised shipping risks and complicated trade routes linking Asia with Europe and the Gulf. Higher freight and insurance costs can lift the recorded value of imports, while uncertainty over maritime routes may encourage companies to bring forward shipments or diversify logistics channels. Hong Kong, with its deep financial links and dense regional supply-chain networks, is exposed to those shifts even when final demand originates elsewhere.

The export destination data showed broad-based strength across Asia and beyond. Shipments to Singapore more than doubled, while exports to Malaysia, Thailand, Taiwan and mainland China recorded strong gains. Exports to the United States also rose sharply, reflecting resilient demand for electronics and technology-linked goods despite continuing trade friction and tariff risks. Shipments to the United Kingdom declined, indicating uneven demand across advanced markets.

On the import side, increases were recorded from most major suppliers. Purchases from the United Kingdom, Korea, India, Vietnam, the United States and mainland China all rose substantially, underlining the geographically diverse nature of the procurement surge. Mainland China remained central to the city’s trade flows, both as a supplier and destination, while Southeast Asian economies continued to gain prominence in electronics and component supply chains.

The data suggest that Hong Kong is benefiting from the global investment race in artificial intelligence, cloud computing and advanced electronics, but the gains come with greater exposure to external shocks. Demand for AI servers, chips, networking equipment and related components has lifted trade volumes across Asia, while higher energy prices and shipping uncertainty are adding costs and complicating timing decisions for importers.

AI Training AI: Reshaping Intelligent Modeling

HONG KONG SAR – Media OutReach Newswire – 28 April 2026 – Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced the launch of PhanthyModel, a powerful new AI tool built specifically for scientists, engineers, and developers.

By enabling AI to train and refine models, PhanthyModel tackles one of the biggest pain points in complex modeling: the long hours and heavy reliance on expert experience. The launch marks a significant step forward in the Company’s push toward “AI autonomous evolution.”

In research and industrial settings, modeling is a critical step for predicting outcomes, simulating experiments, and analyzing data. Traditionally, building a model often takes experts five to six hours or more to complete a single project. With PhanthyModel’s end‑to‑end automation, the same work can now be completed in about 10 minutes.

This innovation represents a fundamental shift in how AI works: moving from a passive assistant to an active collaborator that continuously learns and improves through real-world use. For organizations in scientific research, engineering, manufacturing, and data analysis, PhanthyModel significantly lowers the barriers to advanced modeling, accelerates experimentation and R&D cycles, and helps turn innovative ideas into reality much faster.

Hashtag: #Phancygroup

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

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Its offerings include SageAIOS, HAMi vGPU, and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. The Company provides a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting the Company’s vision of building a large-scale and efficient “Token Factory.”

Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in general-purpose artificial intelligence.

Focus on the “Four Evolutionary Capabilities” of Private Enterprises as European Delegation Joins Efforts to Foster a China-Europe Cooperation Bridge

HONG KONG SAR – Media OutReach Newswire – 27 April 2026 – “Momentum Unleashed, Time is Now · GE Jun 2026 Grain Rain Speech” was recently staged in Hangzhou. GE Jun, the Chairman and CEO of TOJOY Shared Smart Enterprise Services, joined more than 2,000 private entrepreneurs, a visiting European political and business delegation, and leading scholars and experts in a far-reaching dialogue on how private enterprises may endure, adapt and evolve in a new era.

This year marks the third consecutive edition of GE Jun’s annual Grain Rain Speech. From “Leap Ahead Again” in Shenzhen in 2024, to “With Belief, The Road Opens Up” in Chengdu in 2025, and this year’s “Momentum Unleashed, Time is Now” in Hangzhou, the series has maintained a clear thematic continuity. Across the three editions, it has attracted more than 6,000 entrepreneurs to attend in person and reached tens of millions online, and has become a signature public intellectual platform amid the transformation wave facing private enterprises.

Focusing on Three Major Currents and Advancing Four Evolutionary Capabilities

GE Jun, formerly Global Vice President at Intel, Apple and NVIDIA, brings extensive global management experience. In a three-hour address, he structured his remarks around four major chapters — “Great Rivers and Mighty Currents,” “Big Waters, Big Fish,” “The Evolution of Fish,” and “Deep Bonds Between Fish and Water” — offering a systematic reading of the three great currents confronting private enterprises in 2026: technology, globalization and policy.

He pointed out that enterprises in 2026 are confronting three key realities: competition is shifting from “manufacturing capability” to “scenario-solving capability”; overseas expansion is moving from “product exports” to “capability exports”; and policy is evolving from a “traffic light” into a “navigation system.” Only by cultivating four evolutionary capabilities — antifragility, multi-generational continuity under the “new three generations,” ecosystem positioning, and two-way engagement — can enterprises truly navigate economic cycles.

European Delegation Attends Event in China as TOJOY Builds a Bridge for China-Europe Collaboration

During the speech, GE Jun said that true globalization is about “two-way engagement” — not only Chinese enterprises going abroad, but also international partners coming into China, with both sides enabling one another and pursuing shared prosperity.

Of particular interest, Ralf, founder of the European thought exchange platform Big Improvement Day, led a 30-member European political and business delegation to China specifically to attend the event. Big Improvement Day is understood to enjoy wide influence in global economic thought circles and is often described as a “mini-Davos.” During the event, TOJOY and the delegation jointly organised the 2026 Sino-European Entrepreneurs Cooperation Forum (SEEC) and Global Innovation and Development Conference, providing a long-term cooperation platform for entrepreneurs from China and Europe.

As a concrete implementation of the “two-way engagement” concept, TOJOY announced the launch of the “Global Shared Office.” Backed by the Group’s entrepreneur resource-sharing platform with more than 6 million registered users, the initiative will create overseas footholds for small and medium-sized enterprises expanding internationally and support the high-quality global expansion of private enterprises.

New Book “A Distant Drum” Released at the Event, Highlighting the Global Evolution Path of Private Enterprises

At the event, GE Jun officially released his new book, A Distant Drum: Evolution of China’s Private Enterprises in a Global Context. The book systematically sets out the evolutionary logic and practical pathways of Chinese private enterprises within a global framework, bringing together the intellectual essence of GE Jun’s more than three decades of global perspective and deep practical engagement with the private economy. “All those who stand apart do so because they have heard the drumbeat from afar.” With these words, GE Jun offered his message to entrepreneurs on the journey ahead.

GE Jun said: “Over the past 30 years, China’s economy has been defined by ‘big waters, big fish.’ Over the next 30 years, it will surely be marked by ‘deep bonds between fish and water.’ I am willing to be a resolute builder of bridges, gathering millions of ‘I’s into a shared ‘we.'”

Hashtag: #TOJOY #天九 #戈峻

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

Held from 21-24 April 2026 at Singapore EXPO, the competition attracted over 180 young culinary talents from Australia, Malaysia, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, the UAE and the USA to show their ingenuity and determination in shaping the future of foodservice.

As Official Sauces and Condiments Partner, Lee Kum Kee sponsored its signature sauces throughout the competition, including Premium Brand Oyster Sauce, Supreme Authentic First Draw Soy Sauce, Seafood XO Sauce and Premium Mushroom Powder, enabling contestants to refine their seasoning and create dishes with exceptional flavour profiles.

The competition was a collaboration between FHA, the Singapore Chefs Association and the Singapore Junior Chefs Club, and was endorsed by the World Association of Chefs’ Societies. As well as being a test of traditional cooking skills, it provided a globally recognised platform that challenged participants to demonstrate creativity, adaptability and culinary confidence in a realistic foodservice environment.

During the competition, young chefs who participated in either the Team Challenge or the Skills and Innovation Challenge showcased their technique and creativity under time constraints. The Grand Prix reached its climax with the Team Challenge Finals, with the top eight teams from an initial field of 14 presenting an intense lunch service for invited guests that required contestants to prepare a three-course menu using mystery basket ingredients. Judges evaluated their performances based on Worldchefs Judging Criteria, underscoring the competition’s high standards of excellence and professionalism. Korea Cooking Art Academy was crowned Champion of the Team Challenge Finals.

As part of its participation at FHA, Lee Kum Kee presented its signature products at a dedicated booth, featuring a range of offerings designed for professional chefs, HoReCa practitioners and industry players. Daily tastings of specially crafted dishes made with Lee Kum Kee sauces were offered to visitors during the exhibition, which invited them to appreciate the quality of the products.

Vincent Wong, President – APAC of Lee Kum Kee Sauce, said: “Supporting the Young Chefs Grand Prix at FHA 2026 underscores our commitment to nurturing future culinary professionals. The event went beyond competition, helping to inspire enduring interest in Asian cuisine and showcasing Lee Kum Kee’s product excellence to the next generation.”
Hashtag: #LeeKumKee, #LKK

https://www.LKK.com

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

About Lee Kum Kee

Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create and delight. Headquartered in Hong Kong, China, and serving over 100 countries and regions, Lee Kum Kee’s rich heritage, unwavering commitment to quality, sustainable practices and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.

The program has brought in local recycling startup The Loops Hong Kong (“The Loops”) as its strategic partner. By leveraging advanced recycling equipment and a well-established processing system, the initiative introduces a breakthrough approach—rinse-free recycling. Customers no longer need to wash out bottles or disassemble components. Instead, they simply hand over used fragrance bottles or skincare cosmetics containers to store staff for collection. The materials are then sent to The Loops’ Hong Kong facilities for processing and ultimately transformed into recycled resources—lowering the barrier to recycling and making participation far more convenient.

Hong Kong’s first rinse-free recycling program

“Green is Eternal” is built on two key advantages: rinse-free and all brands. It greatly simplifies the recycling process—customers do not need to wash away any residue left in the bottles, nor do they need to remove decorative elements from packaging. Eligible glass or plastic bottles can be handed directly to store staff at designated Eternal Beauty locations to complete the recycling process.

The eligible recycling scope includes fragrance bottles, skincare product bottles, home fragrance bottles, and cosmetics packaging from various brands. Excluded from the program are personal care products (such as shampoo and hair-care products, body wash, body-care products, aerosol spray containers, and makeup tools), as well as fragrance bottles with a capacity of less than 10ml.

To encourage widespread public participation, the program features an incentive mechanism: for every eligible fragrance or skincare cosmetics bottle recycled, customers receive an electronic stamp. After collecting 10 electronic stamps, they can redeem them for a shopping voucher.

The program is already up and running at the Group’s eight outlets and offices across Hong Kong. The Group has also provided dedicated environmental recycling training for frontline staff to ensure the recycling process is standardized, efficient, and seamlessly woven into everyday customer service. Throughout the year, the Group will collaborate with a local charity to host recycling facility tours, guiding the public and students through the inner workings of recycling operations—raising environmental awareness and helping cultivate lasting recycling habits.

Beyond recycling: Advancing sustainability at the community level

“Green is Eternal” is more than an environmental recycling initiative—it is a structured sustainability project that blends retail-based education with deep community engagement. According to industry data, packaging is one of the major sources of carbon emissions in the sector. Furthermore, recycling fragrance and makeup bottles poses significant challenges due to the complexity of residual ingredients, which limits the adoption of recycling practices and results in persistently low voluntary recycling rates for these containers.

Drawing on its industry expertise, the Group partners with The Loops to tackle the challenges of traditional recycling through professional technology. The company also works with community organizations to build an educational and awareness platform, bringing employees, community members, and students into recycling facilities for in-depth environmental learning, while encouraging the public to integrate recycling into daily life. The goal is to establish a sustainable corporate model that is both socially responsible and environmentally friendly.

Wendy Lau, Executive Director of Eternal Beauty and Chairperson of its ESG Committee of the Group, commented: “Understanding the core challenge in traditional recycling systems—that customers are required to put in effort to clean bottles—explains why many people give up on participation. We are delighted to work with The Loops, whose advanced recycling system and equipment can effectively address the impact of residual ingredients in fragrances and cosmetics, truly enabling rinse-free recycling. We hope this program motivates more customers to take the initiative in environmental protection and, together with our partners, promotes sustainable development across the fragrance and beauty industry.”

Jorch Wong, Founder of The Loops Hong Kong, added: “This program marks a major milestone for sustainability in the fragrance and beauty industry. In recent years, while the number of recycling programs has increased, recycling fragrance and beauty packaging has remained difficult and cumbersome, leading to persistently low recycling rates for this category. As an industry leader, Eternal Beauty has proactively taken the lead in launching Hong Kong’s first rinse-free recycling program. This not only strengthens consumers’ environmental awareness but also helps the public build long-term recycling habits—an important encouragement for the entire recycling industry and a replicable model for sustainable development.”

As a leader in China’s fragrance industry, the Group fosters sustainable development through four key pillars: Environment, People, Product, and Community, while actively fulfilling its corporate social responsibility. Following the successful launch of “Green is Eternal” in Hong Kong, the Group aims to expand the program to its distribution points across Mainland China within the year—strengthening environmental collaboration between Hong Kong and Mainland markets, extending the program’s environmental impact, and encouraging the broader industry to move toward sustainability.

Note: The recycling scope does not include personal care products (such as shampoo and hair-care products, body wash, body-care products, aerosol spray containers, and makeup tools), nor fragrance bottles with a capacity of less than 10ml.

Green is Eternal Collection Points:

For campaign details, please visit https://www.eternal.hk/green-is-eternal/campaign.

Hashtag: #EternalBeautyHoldings

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

About Eternal Beauty Holdings Limited (Stock Code: 6883.HK)

Eternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macau) in terms of retail sales in 2023. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 30 September 2025, it conducted product distribution and market deployment for a total of 74 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macau.

About The Loops Hong Kong

The Loops, founded in 2019, is Hong Kong’s premier one-stop recycling center, offering door-to-door collection, sorting, and reporting. Handling over 40 recyclable types in a single basket, we simplify waste management for homes and businesses, provide real-time ESG data, innovative food waste recycling, and dirty recycling services, fostering sustainable practices. The Loops also empowers disadvantaged homemakers with flexible work, supports families, and transforms waste into resources for a sustainable future through a circular economy.

“Across Hong Kong, organizations are rethinking how work gets done with agentic AI—moving beyond experimentation to running operations at scale,” said Judson Althoff, CEO of Microsoft’s Commercial Business. “Frontier Transformation is helping them deliver business impact and measurable outcomes by embedding AI into real workflows, with trust, security, and governance fully integrated throughout.”

Frontier Success Framework: How Microsoft Helps Organizations Scale Agentic AI with Confidence

As AI matures, success is no longer defined by deploying individual tools. At the AI Tour, Microsoft shared its Frontier Success Framework—a practical approach designed to help organizations turn agentic AI into business real, measurable business value. The framework centered on four outcomes: enrich employee experience, reinvest customer engagement, reshape business process, and bend the curve on innovation.

As part of this journey, Microsoft announced that Wave 3 of Microsoft Copilot, delivered through Microsoft 365 E7 (Frontier Suite) will reach general availability in Hong Kong on 1 May 2026. Built on the principles of Intelligence and Trust, Microsoft 365 E7 brings together Microsoft 365 Copilot, Work IQ and Agent 365, alongside enterprise security, identity, and agent governance. By grounding AI in deep work context—understanding how people collaborate, what they work on, and how decisions are made—Work IQ enables Copilot and AI agents to operate with relevance and accuracy. At the same time, Agent 365 provides a centralized control plane to govern agents, while integrated security and governance ensure AI can scale responsibly across the enterprise.

Frontier Success in Action across Hong Kong

Across industries, Hong Kong organizations are already demonstrating what Frontier Success looks like in practice.

AIA –AdvancingAgentic AI Across Its Enterprise: AIA is applying Microsoft’s AI platform to deploy a holistic, agentic AI strategy across its operations. This includes agentic AI supporting product training, lead management and knowledge access, automated claims processing and customer self-service. In addition, a citizen developer program using Copilot Studio to increase productivity. Together, these capabilities enable AIA to reduce manual effort, improve accuracy, and scale operational efficiency while meeting the requirements of a highly regulated industry.

AS Watson Group – Driving Scaled AI‑Powered Personalization Across O+O Retail Channels: AS Watson Group has adopted a wide range of AI tools in its Retail HK businesses, including Microsoft Copilot and its AI capabilities across its O+O (Offline plus Online) platform to enhance productivity and decision‑making. Key use cases include AI‑driven product discovery, AI skin analysis, and in‑store personalization to enhance customer engagement, alongside employee‑focused applications such as AI‑enabled store support and AI‑generated marketing content. By scaling generative AI across operations and customer insight analysis, the Group achieves efficiency, effectiveness and cross-team collaboration in its unique O+O business model.

These examples reflect a broader shift across Hong Kong’s business community: organizations are no longer asking whether AI works, but how it should sit inside the operating model to drive meaningful outcomes.

Looking Ahead: Sustaining Frontier Success Through Continuous, Enterprise‑Grade Trust

Microsoft has been part of Hong Kong’s technology and business community for 35 years, supporting enterprises as the city evolves into a hub for innovation and global impact.

“Over the past 35 years, we have had the privilege of supporting Hong Kong through multiple waves of digital transformation. Today, as this momentum carries Hong Kong into the frontier era of AI, where organizations are not just adopting new technologies, but rethinking operating models across the enterprise,” said Leo Liu, General Manager of Microsoft Hong Kong and Macau. “As this frontier journey accelerates, Microsoft is committed to empowering local customers and partners to get ahead in the age of AI while maintaining strong data governance and enterprise‑grade privacy—ensuring human judgment remains firmly in control and enabling Hong Kong to define what Frontier Success looks like on the global stage.”

As AI adoption accelerates, Microsoft emphasized that Frontier Success is not a single milestone, but a continuous transformation—one that requires clarity of purpose, strong governance, and real-world execution. Through its platform, partners, and ecosystem, Microsoft aims to support Hong Kong organizations as they move from experimentation to sustained, responsible AI driven growth.

Hashtag: #Microsoft #AI #FrontierSuccess

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

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

“Retail today demands more than scale, it requires agility, digital precision and deep customer trust,” said Dr. Malina Ngai, Group CEO of AS Watson. “Being ranked among the world’s top 15 retailers is a timely affirmation that we are focusing on the right priorities: disciplined allocation of capital, an unwavering focus on customers, empowered by technology and executed with discipline.”

“As we celebrate our 185^th anniversary this year, this recognition is especially meaningful. Since 1841, AS Watson has evolved through generations of change – economic cycles, technological revolutions and shifting consumer expectations. Our presence across Asia and Europe has strengthened our ability to combine the speed and digital dynamism of Asia with the operational excellence and retail heritage of Europe.”

“In an increasingly digital retail world, we believe our true differentiation lies in combining advanced data, AI and seamless O+O (Offline plus Online) integrated capabilities with something far more enduring – the human touch. That combination of digital precision and human service drives stronger conversion, deeper loyalty and long-term trust. It is this balance that has sustained us for 185 years, and will continue to define our leadership in the years ahead.”

Scaling AI and Personalisation at Global Reach

AS Watson has accelerated investments in AI-powered personalisation, advanced analytics and digital ecosystems across its brands. By integrating loyalty data, online platforms and in-store engagement, the Group continues to enhance customer relevance while improving operational efficiency.

This data-driven approach enables:
– A strengthened focus on customer needs
– More precise assortment and pricing strategies
– Enhanced loyalty engagement
– Faster supply chain responsiveness

Resilient Growth in a Volatile Environment

Amid ongoing supply chain volatility, cost pressures and shifting consumer behaviour, AS Watson has demonstrated resilience through diversified geographic exposure, strong local market execution and disciplined cost management.

The Group’s scale, combined with agile regional operations, positions it to respond swiftly to market dynamics while sustaining long-term growth.

Hashtag: #ASWatson

https://www.aswatson.com/our-company/o-and-o-strategy/
https://www.linkedin.com/company/aswatson/
https://www.facebook.com/ASWGroupofficial/
https://www.instagram.com/aswatsongroup_corp/

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

About AS Watson Group

Established in 1841, AS Watson Group is one of the world’s longest-standing and most recognised retail companies with roots in Asia. Today, the company operates over 17,000 stores across 12 retail brands in 31 markets, employing 130,000 people globally. This makes AS Watson Group the largest international health and beauty retailer in the world.

In the fiscal year 2025, AS Watson Group reported revenue of over US$26 billion. The company’s technology-enabled O+O (Offline plus Online) platforms serve over 6 billion shoppers annually, seamlessly integrating physical and digital retail experiences.

AS Watson Group supported over 180 charitable and non-profit organisations every year, dedicating over 40,000 hours of volunteer work to serve over 370,000 people in need in our operating markets.

AS Watson Group is also a member of the world-renowned multinational conglomerate CK Hutchison Holdings Limited, which has four core businesses ‐ ports and related services, retail, infrastructure and telecommunications in over 50 countries.

Please visit www.aswatson.com/our-company/o-and-o-strategy/ for more information.

Recognized for Strategic Excellence in Delivering AI-Ready, Secure, and Integrated Digital Infrastructure

HONG KONG SAR – Media OutReach Newswire – 24 April 2026 – DYXnet, a wholly-owned subsidiary of VNET Group (Nasdaq: VNET) and a leading enterprise network and ICT service provider in Greater China, has been honored the BRONZE STEVIE^® Award for Innovation in Technology Management, Planning & Implementation at the 13th annual Asia-Pacific Stevie^® Awards.

Gaining this prestigious recognition not only affirms DYXnet’s dedication to delivering professional, high-quality ICT services but also underscores its ongoing commitment to advancing with the fast-evolving technological landscape—particularly in the AI era—empowering enterprises to achieve seamless digital transformation through innovative, integrated solutions.

The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace in all 29 markets of the Asia-Pacific region. The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards^® for 24 years.

This accolade celebrates DYXnet’s proven expertise in guiding enterprises through the complexities of the AI era. By combining thoughtful strategic planning with precise, end-to-end execution, DYXnet has created a powerful, unified infrastructure that seamlessly brings together high-performance AI computing, flexible cloud resources, reliable network connectivity, and comprehensive cybersecurity protections.

This integrated “AI+ Cloud-Network-Cybersecurity” approach empowers businesses to deploy and scale AI initiatives with confidence—whether through rapid private AI environments, intelligent operations automation (AIOps), or tailored enterprise AI applications that enhance decision-making, streamline processes, and boost overall efficiency. It effectively addresses critical demands such as surging computational requirements, secure hybrid environments, regulatory compliance, optimized resource use, and seamless multi-cloud connectivity, all while maintaining robust data protection.

These capabilities have already delivered tangible value across industries: improving production efficiency and security modernization in manufacturing, accelerating R&D cycles in emerging technology sectors, and strengthening operational resilience through compliant, high-performance infrastructure.

As a trusted enterprise network service provider in Hong Kong and Greater China, DYXnet places strong emphasis on the transformative power of AI. The company is committed to empowering enterprises with greater agility, resilience, and innovation through its one-stop “AI + Cloud + Network + Cybersecurity” solutions, and was amongst the first ICT service providers in the regions to obtain the prestigious ISO/IEC 42001 certification for AI management systems last year. The company continues to turn strategic vision into tangible outcomes, enabling enterprises to achieve secure, intelligent, and sustainable growth in the rapidly evolving digital landscape.

Hashtag: #DYXnet #第一線 #AI #雲網安

https://www.linkedin.com/company/90470

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

About DYXnet

DYXnet, established in 1999 in Hong Kong, became a wholly-owned subsidiary of VNET Group, Inc. (NASDAQ: VNET) in 2014. It is a leading ICT service provider in Hong Kong and the Asia Pacific region, delivering innovative technologies and solutions to enterprises of all sizes and helping them fully embrace digital transformation. DYXnet offers a comprehensive portfolio of services, including enterprise networks (MPLS and SD-WAN), cloud solutions, data center services, cybersecurity, and AI solutions, empowering businesses to realize their full potential.

Being a pioneer in the ICT sector, DYXnet operates over 200 PoPs worldwide, covering more than 700 cities and serving over 30,000 client sites. DYXnet was among the first ICT service providers in the region to obtain prestigious ISO certifications, including ISO/ IEC 42001, ISO/IEC 27001, ISO/IEC 20000, and ISO 9001. Additionally, DYXnet is one of the inaugural official members of the China Cross-border Data Telecommunications Industry Alliance and has played a crucial role as one of the initial drafting units for SD-WAN service standards.

A newly completed Hong Kong study suggests there may finally be a way to bridge that gap. The AIM Greater China Psychology Research Group has completed a Hong Kong-based study conducted in the 2025–2026 academic year, comparing the effectiveness of human hypnotherapists against AI in delivering hypnotic experience-based stress relief experiences. The findings were striking: a significant proportion of participants felt that both approaches yielded virtually equivalent levels of relaxation — and more than 60% reported preferring their AI session after the fact.

Over 400 Applicants: A Reflection of a Generation in Need of Being Heard

The research team recruited participants experiencing family-related stress via Facebook. Within a short period of the post going live, over 400 individuals voluntarily applied — a figure that speaks not only to the pervasiveness of stress in modern life, but also to a growing willingness among the public to prioritise their own emotional wellbeing and actively seek self-care solutions.

From the applicant pool, 48 participants were randomly selected to take part. Each participant underwent two separate hypnotic experience stress relief audio sessions, each lasting approximately one hour — one recorded by a human hypnotherapist, and one fully generated by AI, including both the script and voice. Participants then compared their personal experiences of both sessions.

What Humans Can Do, AI Can Do Too

In the most critical area of comparison — stress relief effectiveness — the largest single group of participants (41.7%) rated the AI and human sessions as equally effective. On a scoring basis, the AI hypnotic experience averaged approximately 2.92 points, compared to 2.58 points for the human session — with AI coming out marginally ahead.

The study further found that nearly 90% of participants indicated they would enjoy a session if it genuinely helped them feel relaxed. In other words, what people truly care about is whether it works — not whether the voice behind it belongs to a human or a machine. On this front, AI has passed the test.

Over 60% More Willing to Share Their Feelings with AI

The results around personal preference were perhaps the most eye-opening. When asked which session they enjoyed more, 62.5% of participants chose the AI experience — and among women, that number climbed even higher, to 68.4%.

So what made AI the preferred choice? Researchers believe it comes down to one simple thing: feeling safe. With AI, there is no worry about being judged. No fear of saying the wrong thing. No awkwardness. About 1 in 4 participants said they actually found it easier to talk openly with AI — because it communicates in a way that feels clear, calm, and natural, much like everyday conversation.

The truth is, some things are just easier to say when no one is watching. That is not a flaw in human nature — it is simply how many of us work.

When it came to privacy, the findings were equally reassuring. More than half of all participants said they had no concerns about AI handling their personal information. Only a very small number — just 2.08% — said they felt uncomfortable. This points to a growing sense of trust in AI tools among the general public.

AI Reads the Data; Therapists Read the Person

Beyond the hypnotic experience itself, the local research team also evaluated AI’s capability as an analytical tool — with equally impressive results.

AI was able to rapidly process large volumes of participant responses, objectively assess individual stress levels, and identify underlying patterns. For instance, AI identified that 35% of participants independently expressed a desire for “personal space” or “better soundproofing” in their homes. On the surface, these may seem like trivial lifestyle concerns — yet AI connected this pattern to the reality of Hong Kong residents living in constrained spaces, highlighting a deeper psychological sense of having “nowhere to breathe”. This level of insight would be difficult to uncover through manual review of dozens of questionnaires alone.

AI also observed that many participants habitually occupied the role of “problem-solver” or “mediator” within their households, suppressing their own emotional needs in the process. Researchers noted that this reflects a widely recognised social phenomenon — the pressures faced by eldest daughters and the so-called “sandwich generation,” caught between the responsibilities of caring for ageing parents and raising children. AI’s ability to rapidly identify these hidden emotional burdens allows therapists to bypass lengthy preliminary assessments and focus more swiftly on the core issues that require their attention.

AI Is Here to Help, Not to Take Over

The local research team emphasises that the study was never intended to position AI as a replacement for human therapists. Rather, the aim is to explore how the two can work in tandem. Much like how blood test reports assist physicians in diagnosis, AI can play an analogous supporting role in the mental health field — organising data, identifying patterns, and lowering barriers to seeking help, so that mental health professionals can direct their energy towards the moments that truly require a human touch.

Those who proactively seek psychological support remain a minority, often deterred by the fear of inconvenience, social stigma, or the awkwardness of speaking up. If AI can serve as the bridge that encourages more people to take that first step, that alone may be its most meaningful contribution to society.

Hashtag: #HypnosisInstitute

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

About Hypnosis Institute

Hypnosis Institute is dedicated to helping people in Hong Kong lead healthier and more fulfilling lives through hypnotic experience. We offer accessible and practical hypnotic experience training programmes designed to integrate hypnotic techniques into everyday life, with a focus on stress management, emotional wellbeing, and personal growth.

Hypnosis Institute is Hong Kong’s only hypnotic experience professional development platform that simultaneously operates a research group, social innovation group, practical training group, crisis psychological support group, charitable initiatives, networking events, therapeutic services, and a comprehensive training pathway.

As the sole Hong Kong chapter of the Association for Integrative Medicine (AIM) in the United States, the sole overseas Hong Kong academy of UK educational institution Study House (Quality Licence Scheme), and the sole specialist hypnotic experience training school in Hong Kong under Cambridge International College in the United Kingdom, Hypnosis Institute provides internationally recognised qualifications that contribute to the advancement of the industry.

Founder Charles Leung is a trainer of trainers in the field of hypnotic experience, and has been specially appointed by the Association for Integrative Medicine as the Chief Instructor for Specialist hypnotic experience in Greater China. He has trained over 1,000 hypnotherapists and instructors, upholding the highest standards of professional development in the mental health field.

The Institute’s programmes integrate a comprehensive range of methodologies, including hypnotic experience combined with MBTI personality profiling, DISC behavioural analysis, mental health coaching, emotional education, and the HiddenMe Cards inner child tool — providing a holistic and personalised approach to hypnotic experience practice. Instructors specialise in paediatric hypnotic experience, Internal Family Systems (including inner child) hypnotic experience, stress and insomnia relief hypnotic experience, interpersonal relationship hypnotic experience, as well as hypnotic experience in reminiscence and palliative care.

Driven by the belief that everyone can harness the power of hypnotic experience to enhance their mental wellbeing, Hypnosis Institute is committed to sharing psychological knowledge and providing professional support in the areas of emotional management, life challenges, and the professional development of the hypnotic experience industry.

Follow us at hypnosisinstitute.com.hk, Facebook, Instagram and YouTube for the latest updates.

The survey shows that 68 per cent of Hong Kong SMEs recorded growth in 2025, up from 65 per cent in 2024 and marking the highest result on record. This positive momentum is expected to continue this year, with 71 per cent of SMEs expecting their businesses to grow and 76 per cent anticipating growth in the local economy — both at record highs. Customer loyalty and a strong workforce were identified as key drivers behind SMEs’ solid performance last year.

Mr Cliff Ip, Councillor of CPA Australia’s Greater China Divisional Council, said Hong Kong’s improving business environment played a critical role in supporting SME growth. “Hong Kong’s business confidence and economic growth strengthened last year, supported by robust capital markets, a recovery in tourism and consumption, and signs of stabilisation in the property market,” said Mr Ip. “Against this stable and supportive backdrop, small businesses not only benefited from increased business activity, but were also able to expand in a healthy and sustainable manner.”

Looking ahead, Mr Ip noted that while global geopolitical tensions and external uncertainties pose rising challenges, Hong Kong’s underlying strengths remain a key advantage for SMEs. “Rising geopolitical risks are likely to create headwinds for many sectors such as trade and logistics through higher fuel costs and supply chain disruptions. However, I remain confident about Hong Kong’s overall business outlook this year,” he said. “As many regions become more unpredictable or less secure, Hong Kong’s stable and consistent business environment, together with supportive policy settings including the city’s low and simple tax regime stand out as important advantages in attracting international companies and investors.”

Mr Ip added that these developments also present new opportunities for local SMEs, particularly as increased international interest creates scope to build partnerships, expand networks and tap into new markets. “This environment also creates favourable conditions for younger entrepreneurs to explore emerging markets and pursue new business opportunities,” he said.

Improved business performance has strengthened the solvency of many local SMEs. The share of businesses reporting difficulty paying debts fell sharply from 22 per cent in 2024 to just 3 per cent in 2025, while only 4 per cent expect to face difficulties this year, down markedly from 26 per cent previously. As a result, Hong Kong small businesses are now the least likely among the surveyed businesses to report solvency concerns.

Mr Ip said, “The solvency of many SMEs has notably improved, driven by stronger cash flow from improved business growth, a robust capital market and a recovering property market over the past year. This healthier cashflow has both supported easier access to external finance and reduced the need for such finance.”

Hong Kong SMEs have also strengthened their capability to invest in technology that delivers rapid improvements in profitability. In 2025, 64 per cent of SMEs reported that their technology investment in that year helped improve profitability, up from 59 per cent in 2024. Two in five Hong Kong SMEs invested in artificial intelligence (AI) last year, making it the leading technology investment among local SMEs, followed by customer relationship management (CRM) software.

At the same time, cyber protection has improved, with the share of Hong Kong businesses reporting losses from cyber incidents falling sharply from 72 per cent in 2024 to 43 per cent in 2025. However, as digitalisation accelerates, cyber risks remain elevated, with nearly three in five SMEs expecting to face cyber threats this year, above the survey average 42 per cent.

Mr Davy Leung, Deputy Chairperson of CPA Australia’s SME and Entrepreneurship Committee of Greater China, said the growing maturity and availability of AI tools is helping SMEs enhance productivity, reduce operating costs and improve customer experience.

“However, rising digital fraud, wider AI adoption and SMEs’ increasing reliance on digital banking have prompted the Hong Kong Government to significantly strengthen banking security and cybersecurity resilience over the past year. This includes the rollout of low-cost and practical initiatives such as the Cybersec One Programme and the continued implementation of the ‘9+5’ SME support measures. The decline of cyberattack-related losses reported in the survey in part reflects the effectiveness of these measures.

“As cybersecurity threats and digital fraud risks continue to escalate, SMEs should make better use of these available resources, including free website risk assessments and vulnerability identification services, to strengthen their defence capabilities and safeguard business operations.”

Mr Leung also suggested that the Government consider revamping the Technology Voucher Programme to support broader digitalisation efforts, including the adoption of both AI and non-AI technologies. He added that enhanced training support would help SMEs identify and implement modern tools to drive innovation, improve efficiency and strengthen long-term competitiveness.

Rising costs remain a key challenge for Hong Kong SMEs in 2025, with 29 per cent reporting it having a negative impact on their business. However, this was the second‑lowest level among all surveyed markets, underscoring Hong Kong’s relatively low inflationary environment last year. Notably, the share of SMEs citing staff costs as a negative factor rose from 35 per cent to 42 per cent, making it the most significant cost pressure for Hong Kong businesses in 2025. This increase may help explain why the proportion of SMEs hiring additional staff declined from 42 per cent to 38 per cent last year.

Mr Leung said, “Increasing costs remain a significant barrier for many SMEs across Asia‑Pacific region, but Hong Kong’s relatively low inflation has helped cushion the impact on local small businesses,” Mr Leung said.

Mr Leung added that while headcount growth has moderated, overall staff costs have continued to rise as businesses invest in higher‑value talent. “Greater digitalisation and automation have helped ease labour constraints in Hong Kong. When SMEs do add staff, they are increasingly recruiting employees with digital and AI capabilities, or creating new roles to support business transformation. These positions typically command higher salaries, which has contributed to higher overall staff costs despite slower hiring growth.”

The annual survey collected the views of 4,166 small businesses across 11 Asia-Pacific markets, including Singapore, the Chinese Mainland, and Australia, with 305 respondents from Hong Kong.
Hashtag: #CPAAustralia

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

About CPA Australia

CPA Australia is Australia’s leading professional accounting body and one of the largest in the world. We have more than 176,000 members in over 100 countries and regions. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. A CPA is a Certified Practising Accountant. More at cpaaustralia.com.au

Innovative insurance solutions to address the growing demand for wealth appreciation and management services

MACAU SAR – Media OutReach Newswire – 23 April 2026 – Banco Well Link, S.A. (“Well Link Bank”) and FWD Macau (“FWD”) today announced a bancassurance partnership in Macau, marked by an official launch ceremony. The collaboration enables Well Link Bank to offer a broader range of insurance products and services to customers in Macau, including high‑net‑worth individuals, further strengthening the Bank’s wealth proposition. Leveraging Well Link Bank’s strong client base and extensive branch network in Macau, together with FWD’s customer-led and tech-enabled approach, the partnership will deliver cutting-edge insurance solutions and more convenient experiences for Macau residents and visitors, supporting customers in achieving their wealth appreciation and legacy planning goals.

This year marks Well Link Bank’s 30th anniversary and FWD Macau’s 26th, underscoring both companies’ longstanding commitment to excellence in wealth management. Through consistently delivering professional, high-quality products and services, the two companies continue to create value for customers and steer market development.

Huang Ruisheng, Executive Director and CEO, Well Link Bank, said: “Well Link Bank is committed to providing diversified and forward-looking wealth management solutions in Macau. Establishing this bancassurance partnership with FWD Macau is a significant milestone in our wealth management roadmap. We firmly believe that through close collaboration that leverages the Bank’s strong local customer network and FWD’s strengths in product innovation and technology, we can deliver more personalised and effective insurance solutions with higher growth potential. Looking ahead, Well Link Bank will continue to harness innovation and professional expertise to contribute to Macau’s diversified economic growth and the prosperity of its financial market.”

Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD, said: “FWD Macau is delighted to establish this bancassurance partnership with Well Link Bank in Macau. By combining the professional edge and corporate strength of both companies, we are committed to changing the way people feel about insurance in the Macau market. We look forward to working closely with Well Link Bank to help customers achieve their wealth appreciation and legacy planning goals through FWD’s prudent, customer-led insurance solutions, thereby creating long-term value. This partnership not only enhances our product distribution capabilities but also represents an important step in expanding our footprint in Macau and with Macau visitors.”

Hashtag: #WellLinkBank #FWD

https://www.wlbank.com.mo/

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

About Well Link Bank

Banco Well Link, S.A. (hereinafter referred to as WLB) is a fully licensed commercial bank registered in Macao. Upholding the “bridge” spirit, WLB is committed to serve as a bridge to success for clients, serves enterprises and individuals, promotes the country’s development and contributes to our mutual benefit society.

WLB unceasingly strengthens its technology leadership, enhancing the capability to offer comprehensive services to customers through optimization of financial technology, making full use of its advantages of featured finance and professional services, and mapping a financial ecology. WLB, acting as an inclusive finance practitioner, devotes itself to small and medium customers and personal consumption operations.

WLB’s products and services include: Savings Deposit & Time Deposit, Transfer, Credit Card & Debit Card, Personal Loan; Services by channels: ATM, STM, Mobile Banking and Online Account Opening; Personal Banking services: Well Link Securities Service, Insurance Agency, Payroll Service and Tax Rebate.

For more information about Well Link Bank, please visit the Bank’s website at https://www.wlbank.com.mo/.

About FWD Macau

FWD Macau is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD Macau provides a suite of life and medical insurance products.

FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information about FWD Macau, please visit www.fwd.com.mo.

Allianz Trade and DBS Hong Kong brief businesses on evolving geopolitical trade risks and the critical need for granular liquidity visibility.

HONG KONG SAR – Media OutReach Newswire – 23 April 2026 – One year after the US Liberation Day, tariffs continue to disrupt global trade and supply chains while many economies and corporates still struggle to find their footing. The broke out of the Middle East conflict has compounded on the effect by driving lower global GDP growth (+2.6% in 2026), higher global inflation (4.3% in 2026) and stronger fiscal pressure. Amid such highly uncertain times, Allianz Trade in Hong Kong partnered with DBS for an exclusive session where industry experts and thought leaders dissected into today’s shifting geopolitical landscape and heightened credit risks, and offered their views on trade opportunities in an increasingly fragmented world.

“The Middle East conflict has added a new layer of shocks to an already fragile environment shaped by tariffs, weakening demand and declining consumer confidence. The good news is that firms have taken operational steps to adapt since the trade war began, with the most common strategies including inventory building, market diversification, sourcing from new suppliers and rerouting through third markets. Asia Pacific has emerged as the clear structural beneficiary of supply chain realignment. Hong Kong, as a major trading and financing hub in the region, continues to play a pivotal role in facilitating trade and investment flows. Together with DBS, we are here to offer our combined intelligence and support to help companies achieve customer and market diversification, better risk selection, and providing them with confidence to trade and grow safely,” states Hassan Omaish, CEO for Hong Kong, South Korea and Taiwan at Allianz Trade.

Jolynn Wong, Managing Director and Head of Global Transaction Services, DBS Hong Kong, says, “We are witnessing a lengthening of cash collection cycles across sectors impacted by trade route and inventory disruptions, leading to a growing proportion of receivables held at extended tenors. In this climate of heightened volatility, the role of trade finance extends beyond mere credit extension; it must now assure corporates of timely critical cash flow realisation and enable strategic suppliers to maintain production amidst disruptions. Leveraging DBS Hong Kong’s robust capital and liquidity, we provide clients with the necessary extended tenors and contingent liquidity to navigate prolonged inventory and shipping cycles, thereby fortifying their resilience. By integrating guarantees, letters of credit, credit insurance, and treasury hedging into a unified architecture through our digital platforms, we empower clients to transform volatile receivables into reliable cash flows and turn disruptions into investable growth opportunities.”

Notes to editors:
To gauge how global exporters fared through tariffs and the Middle East conflict, Allianz Trade recently published its flagship Global Survey, where 6,000 exporters across 13 countries were polled on their export performances over the past year, as well as outlook and coping strategies for the short- to medium-term. The Survey revealed that 75% of exporters expect positive export growth in 2026, which was much more optimistic than the 2025 tariff shock where expectations dropped by -40pp.

“For now, the impact of the Middle East conflict seems moderate, but such level of optimism remains fragile and could quickly fade if the conflict drags on. Allianz Trade’s Global Survey revealed that geopolitical and political risks are the leading threat globally for corporates (65%), while supply-related issues, such as bankruptcy of suppliers and shortage of inputs, came at second place (57%). The Middle East conflict has also tightened trade finance conditions. Not only payment cycles are lengthening, 43% of companies expect payment terms to deteriorate further. Pharmaceuticals, construction and computers/telecom are the most exposed sectors, while larger companies face disproportionately longer payment cycles,” says Ana Boata, Head of Economic Research at Allianz Trade.

Hashtag: #allianztrade #dbshongkong

https://www.allianz-trade.com/en_HK.html
https://www.linkedin.com/company/allianz-trade-apac/

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

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit allianz-trade.com.

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named World’s Best Bank by Global Finance, World’s Best Bank by Euromoney and Global Bank of the Year by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named World’s Best Digital Bank by Euromoney and the world’s Most Innovative in Digital Banking by The Banker. In addition, DBS has been accorded the Safest Bank in Asia award by Global Finance for 17 consecutive years from 2009 to 2025.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

The report finds that while operational energy efficiency has improved significantly across the sector, embodied carbon and Scope 3 emissions now represent the majority of total lifecycle emissions in many commercial buildings.

A Shift to Whole-Life Carbon Thinking

As building efficiency improves and electricity grids decarbonise, the relative importance of embodied carbon is increasing. The report highlights the “redevelopment paradox”: while new buildings are more energy efficient, demolition and reconstruction can generate such high upfront carbon that total lifecycle emissions may exceed those of retained and refurbished assets.

This shift is particularly relevant in rapidly evolving urban markets such as Shanghai, Beijing, Shenzhen, and Guangzhou, where redevelopment cycles are frequent and asset repositioning is common.

Scope 3 Becomes a Core Market Driver

Scope 3 emissions – covering embodied carbon, tenant energy use, and supply chain activities – are now the largest emissions category for most real estate portfolios.

The report shows that leased office space is increasingly a key Scope 3 exposure point for occupiers, especially multinational companies operating under global net-zero commitments. As a result, Scope 3 performance is now influencing:

• Leasing decisions and tenant demand
• Capital allocation and ESG investment screening
• Access to green finance
• Corporate disclosure and benchmarking frameworks

Carbon as a Financial Factor

Embodied carbon and Scope 3 emissions are no longer just sustainability metrics – they are collectively a financially material driver of asset value. The report demonstrates that differences in whole-life carbon performance can create meaningful divergence in asset outcomes through:

• Rental performance and occupancy resilience
• Operating costs and capital expenditure requirements
• Exit yields and investor demand

A comparative analysis shows that carbon performance alone can drive a value differential of approximately 37% between otherwise identical assets.

From Risk to Opportunity

While regulatory frameworks continue to evolve, global capital and leading occupiers are already embedding whole-life carbon considerations into decision-making. The report highlights a clear opportunity for market participants who act early through:

• Adaptive reuse and retrofit-first strategies
• Low-carbon materials and construction innovation
• Supply chain engagement and procurement reform
• Green leasing and tenant collaboration
• Improved carbon data and governance frameworks

Beyond the Carbon Blind Spot concludes that the Chinese mainland commercial real estate sector is entering a decisive new phase where whole-life carbon performance is becoming central to competitiveness, asset value, and investment strategy. Stakeholders who integrate embodied carbon and Scope 3 considerations into core decision-making today will be best positioned to enhance resilience, unlock capital, and deliver long-term value in a rapidly evolving market.

Alton Wong, Executive Director, Head of Sustainability Advisory Services, Head of Advisory Services, Valuation and Advisory Services, Greater China, said, “Embodied carbon and Scope 3 emissions are now firmly at the centre of the decarbonisation agenda for commercial real estate. As operational performance improves, the industry is being forced to confront the much larger, and more complex, emissions embedded across the full asset lifecycle. This is driving a fundamental shift in how buildings are designed, constructed and managed, with increasing emphasis on material choices, retrofit strategies, and supply chain engagement. What was once considered a technical sustainability issue is now a core strategic priority for investors and occupiers alike.”

Shaun Brodie, Head of Research Content, Greater China, said, “Our research shows that carbon is rapidly becoming a defining factor in commercial real estate performance on the Chinese mainland. The transition to whole-life carbon thinking is not just about reducing emissions – it is about understanding how sustainability directly impacts asset value, leasing dynamics, and investment outcomes. As occupiers and capital providers place greater weight on embodied carbon and Scope 3 emissions, assets that fail to adapt risk accelerated obsolescence, while those that lead on carbon performance stand to capture a clear competitive advantage.”

Please click here to download the full report

Hashtag: #Cushman&Wakefield

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).

Joining Forces to Build a New Regional Value Chain and Drive Industrial Upgrading across ASEAN

HONG KONG SAR – Media OutReach Newswire – 21 April 2026 – Hong Kong has long maintained a robust bilateral relationship with Malaysia. As ASEAN’s third-largest economy, Malaysia possesses strong manufacturing and service sectors and stands as Hong Kong’s eighth-largest trading partner. Amidst the global restructuring of supply chains, Hong Kong leverages its unique position as an international innovation and technology centre anchored by its regional connectivity while remaining integrated with the world. It serves as a vital springboard and strategic hub for Malaysian enterprises expanding into regional markets and for emerging firms seeking to go global. The Hong Kong Productivity Council (HKPC) and the Federation of Malaysian Manufacturing (FMM) have signed a Memorandum of Understanding (MoU), marking the establishment of a deep strategic partnership. By integrating the resource advantages of both regions, the collaboration will provide technological innovation and market expansion support for enterprises in Hong Kong and Malaysia, optimising global supply chain layouts and helping Hong Kong better implement the “Bringing in and Going Global” strategy to seize regional development opportunities within ASEAN.

The signing ceremony of the MoU took place in Kuala Lumpur, Malaysia on April 20, 2026. Witnessed by Mr Jacob Lee Chor Kok, President of FMM; Tan Sri Dato’ (Dr) Soh Thian Lai, President Emeritus of FMM; Mr Owin Fung Ho Yin, Director of the Hong Kong Economic and Trade Office in Kuala Lumpur; and Hon Sunny Tan, Chairman of HKPC, the MoU was signed by Datuk Dr Yeoh Oon Tean, CEO of FMM, and Mr Mohamed D. BUTT, Executive Director of HKPC. This collaboration will facilitate the development of a new value chain connecting Hong Kong, Malaysia and ASEAN, driving new industrialisation in both regions while accelerating industrial upgrading and technological application.

Hon Sunny Tan, Chairman of HKPC, said, “Under the national 15th Five-Year Plan, Hong Kong has become a vital platform for enterprises to go global. Malaysia maintains robust ties with the Asian region, as well as the global industrial and trade markets. The signing of this MoU between HKPC and FMM marks a key milestone in the collaboration on industrial modernisation. We are committed to technological innovation, with a focus on enhancing expertise in automation, Industry 4.0, AI, and robotics, and actively building business matching platforms to facilitate business opportunities and expand our scope of cooperation. This not only deepens the partnership between the two organisations, but also establishes a strategic hub connecting Hong Kong with the ASEAN market. Hong Kong will fully leverage its ‘Bringing in and Going Global’, helping Malaysian enterprises precisely connect with the vast regional and global market while supporting Hong Kong companies in rooting themselves in ASEAN, co-creating a resilient and innovative cross-border value chain.”

Mr Jacob Lee Chor Kok, President of FMM, stated, “This MoU is just the beginning with our roadmap including joint technical training, workshops, technology visits and pilot projects to provide our members with first-hand exposure to the latest manufacturing innovations. We envision a future where Malaysian and Hong Kong companies collaborate on research and development (R&D), pilot new technologies and co-create solutions for emerging challenges”

Six Key Areas to Empower New Regional Industrial Upgrading
HKPC and FMM will launch comprehensive cooperation to help enterprises transform technological empowerment into competitive advantage in today’s dynamic market. The two parties will focus on Smart Manufacturing & Industry 4.0, AI & Robotics Innovation, Digital Transformation & Cybersecurity, Cross-border Business Ecosystems and Talent Development.

This collaboration integrates FMM’s extensive supply chain network of over 4,000 member enterprises with HKPC’s profound R&D capabilities in product innovation and technology transfer. Through organising delegations, professional training, business matching, and technical seminars, we will assist enterprises in precisely mastering cutting-edge technologies and market trends. Furthermore, by promoting reciprocal visits between enterprises in both regions, we aim to foster mutual economic and trade empowerment. This synergy not only strengthens corporate resilience against supply chain risks but also ensures that enterprises from both regions secure a proactive position in global supply chain competition, co-creating a distinct competitive advantage.

Hashtag: #HKPC

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

Receivables financing facility enables competitive open account terms and supports international growth

SHANGHAI, CHINA – Media OutReach Newswire – 21 April 2026 – Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind’s Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.

With this structure in place, the exporter maintains 90-day open account terms for its international buyers without placing pressure on working capital.

How Longer Payment Terms Strained a Manufacturer’s Liquidity

The client is a cable manufacturer with over 30 years of operating history in Vietnam. For most of that period, the company relied on advance payments and letters of credit to manage its export transactions.

As competition in global cable supply increased, buyers began requiring open account terms as a condition of continued business. The exporter transitioned accordingly, but the shift created a significant gap between production costs and the moment of payment collection.

The company had export credit insurance in place, which provided partial protection against buyer default. However, the residual risk exposure of 10 to 20 percent remained uncovered, and the insurance did not address the working capital shortfall that came with extended payment cycles. Despite a strong order book and established buyer relationships, the exporter’s cash position was under pressure.

How the Facility Works: Converting Receivables into Working Capital

Tradewind structured a non-recourse export factoring facility aligned with the client’s trade flows to the United States and Australia. The facility operates as follows:

• Advance funding: Tradewind advances up to 90 percent of each invoice value shortly after shipment, converting receivables into available cash.
• Credit protection: Because the facility is non-recourse, Tradewind assumes the buyer credit risk. By leveraging this structure, the exporter benefits from 100% credit protection against buyer default or insolvency.
• Collections management: Tradewind manages the receivables administration and collection process, reducing the operational burden on the exporter’s finance team.

This structure replaces the partial protection previously offered by export credit insurance with a more comprehensive solution that covers both the financing gap and the full buyer credit risk on approved receivables.

What This Means for the Exporter

With the facility in place, the exporter can offer 90-day payment terms to its buyers without absorbing the cash flow impact internally. Production cycles are no longer constrained by the timing of buyer payments, and the company has a predictable source of liquidity tied directly to its shipment activity.

The non-recourse structure also removes a layer of financial uncertainty. Rather than relying on insurance with residual exposure, the exporter now operates with full credit coverage on approved buyers through Tradewind’s facility.

Why Tradewind Was Selected

Tradewind was selected for its ability to structure receivables financing solutions for cross-border trade flows involving multiple buyer markets. Key factors in the decision included:

• Over 25 years of experience in international trade finance, with particular depth in export factoring across Asia, the Americas, and Europe
• Local structuring capability through Tradewind’s Shanghai office, with direct knowledge of Vietnamese export markets
• A financing structure tailored to the client’s specific trade corridors and buyer payment terms
• Consistent execution and clear communication throughout the onboarding process

A Facility Built Around the Client’s Trade Flows

“This facility gives the client a reliable source of working capital tied directly to its export activity,” said Chris Chang, Regional Commercial Director, Far East at Tradewind Shanghai. “By structuring the solution around their specific trade flows to the United States and Australia, we were able to address both the financing gap and the credit risk exposure in a single facility.”

Facing Similar Pressure from Extended Buyer Payment Terms?

Tradewind structures receivables financing solutions for exporters managing cash flow across international trade corridors. Whether you are dealing with longer payment cycles, buyer credit risk, or the operational complexity of cross-border collections, we can help you find the right structure for your situation.

Contact us at www.tradewindfinance.com to discuss how a tailored trade finance solution can support your export business.Hashtag: #Tradewind #TradewindFinance #Cable #Vietnam #Factoring #Manufacturing

https://tradewindfinance.com/
https://www.linkedin.com/company/tradewindcn/
Wechat: 德益世国际保理

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

About Tradewind Finance

Founded in 2000, Tradewind Finance is a global trade finance company specialising in cross-border receivables financing, export factoring, supply chain finance, and credit protection. Tradewind maintains a network of offices across Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, the United Arab Emirates, and the United States, alongside its headquarters in Germany. By combining financing, credit protection, and collections into a single integrated solution, Tradewind helps exporters and importers manage working capital, reduce risk, and grow their international trade with confidence.