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Showcasing Smart Lighting, Innovative Display Technologies and Outdoor Lighting Solutions that Shape the Future of Smart and Sustainable Lighting

HONG KONG SAR – Media OutReach Newswire – 12 October 2026 – Organised by the Hong Kong Trade Development Council (HKTDC), the 28^th Hong Kong International Lighting Fair (Autumn Edition) and the 11^th Hong Kong International Outdoor and Tech Light Expo will be held in late October. The Autumn Lighting Fair will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 27 to 30 October, while the Outdoor and Tech Light Expo will be held at AsiaWorld-Expo from 26 to 29 October.

Renowned as two of the world’s premier lighting trade fairs, this year’s twin lighting fairs will be held under the theme “Beyond Illumination“. Bringing together some 3,000 exhibitors from more than 20 countries and regions, the fairs will showcase a diverse range of innovative lighting products and solutions that blend smart connectivity, healthy living, immersive spatial experiences and sustainability.

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Share your bright moments at the twin Autumn Lighting Fairs with #HKLIGHTINGFAIR and @HKTDCLIFESTYLE, and capture your shot at the AI immersive photo experience next to booth GH-D02, Hall of Connected Lighting.

Hong Kong International Lighting Fair (Autumn Edition) – HKCEC
A highlight zone of the Autumn Lighting Fair, the Hall of Connected Lighting makes a return this year with a line-up of some 70 leading global brands, including local brands Dimon and Viliya; Inventronics and TUYA from Chinese Mainland, as well as international names such as Viso Systems from Denmark; Casambi from Finland; and Signify from the Netherlands, etc. The zone will also feature global major industry alliances, including the Connectivity Standards Alliance, the DALI Alliance, the SILA-EMN Alliance and the Zhaga Consortium, alongside KNX, the global standard for smart building and home automation, which will make its debut at the fair.

Exhibitors will showcase an array of award-winning designs, design aesthetics and lighting solutions featured in landmark projects. Combined with diverse themed scenarios and immersive lighting installations, visitors will gain first-hand experience of the latest smart lighting products and solutions.

Leading lighting brand Signify will collaborate with the Mercedes-AMG PETRONAS F1 Team to present a racing simulator experience that extends the excitement of motorsport beyond the screen into a physical environment through innovative lighting technologies. Two professional racing simulators will allow visitors to experience the thrill of high-speed driving and sharp cornering in a highly immersive setting. Also, Philips Sky professional lighting solutions will be showcased, featuring the light formula, VitaUp and BioUp technologies. VitaUp uses low-dose UVB light to mimic natural sunlight and support natural vitamin D production, while BioUp adjusts lighting to the body’s circadian rhythm, delivering a healthier and more comfortable indoor lighting experience.

Expanding the event’s product scope, the Autumn Lighting Fair will launch the new LED Display Solution Zone to foster the development of a commercial LED display ecosystem. The zone will feature LED video walls, commercial displays, transparent and flexible LED panels, immersive audio-visual systems and integrated display solutions, covering applications ranging from retail environments and corporate presentations to exhibitions, virtual production and major commercial projects.

First-time exhibitor Ledman Hong Kong will present the QS Series IceScreen LED Display, which was deployed at the Milano Cortina 2026 Winter Olympic Games. Featuring large-scale 8K display technology, the solution delivers highly realistic and impactful visual experiences. The company will also introduce the LEDHUB Smart Conference Solution, which integrates large-format display, video conferencing and collaboration functions into a single platform. Winner of the 2025 TITAN Innovation Awards Gold Award, the solution has been adopted by leading institutions including The University of Hong Kong, the University of Warwick and Fudan University.

Another fair spotlight, the Hall of Aurora, will feature some 500 renowned brands, presenting lighting fixtures and products that blend creativity, design aesthetics, and superior craftsmanship. Exhibitors include local pioneers Prosperity Group and Profiled Group, major players from Chinese Mainland such as Eaglerise, FSL, LEEDARSON and OPPLE, as well as international brands like Lival from Finland, Cupower from Germany, and Beghelli from Italy.

Hong Kong exhibitor Sunricher will present the award-winning Desktop Wizard, a portable smart home controller that offers a flexible and space-saving alternative to conventional remote controls and fixed wall switches. Featuring modular buttons and multiple control modes, it delivers an intuitive, user-friendly experience tailored to diverse needs. The product has earned international recognition, including the Red Dot Design Award, iF Design Award and German Design Award.

Another highlighted zone, the Residential Lighting, will showcase an array of functional and decorative household lighting products. Chinese Mainland exhibitor Yndlux Lighting will display its self-developed 5272 modular linear light, combining a flexible modular design and intelligent controls to meet diverse lighting and interior design needs.

Other zones include:

• The Commercial Lighting zone will showcase a wide range of commercial lighting products designed to meet the diverse needs of buyers across various industries, addressing the distinct lighting needs of retail, office, and other commercial spaces;
• The LED Essentials zone will feature a diverse collection of lighting accessories and components;
• The LED Lighting zone will display a diverse range of LED light sources, including LED tube, panel light, bulb etc., providing the fundamentals for energy-efficient solutions;
• The Testing, Certification & Inspection zone with companies providing professional light quality testing and certification services;
• The Trade Service & Publications zone with companies offering market intelligence, industry publications, as well as business support services for the lighting industry.

Hong Kong International Outdoor and Tech Light Expo– Hall 6, 8 @AsiaWorld-Expo)
The Hong Kong International Outdoor and Tech Light Expo will be held from 26 to 29 October at AsiaWorld-Expo, showcasing a comprehensive range of outdoor, commercial and industrial lighting products and solutions to drive smart city development. The expo will feature three thematic zones, including: the Smart Pole and Solution zone will showcase technologies and integrated solutions to optimise energy efficiency, improve urban management and elevate the quality of life for city residents; the Landscape and Architectural Lighting zone will present advanced lighting solutions that enrich urban ambience while enhancing safety, functionality and aesthetic appeal across public and commercial spaces; the Outdoor, Industrial and Technical Lighting zone will feature a wide spectrum of professional-grade lighting products designed for outdoor environments, industrial applications and technical settings such as warehouses, factories and infrastructure projects.

The expo will present newly introduced photovoltaic (PV) and energy storage solutions to help cities enhance energy efficiency, alongside lighting applications for smart city development, industrial environments, professional settings, landscape projects and architectural illumination. Among the highlights, Lansine Intelligent (Zhongshan) will present t he LX‑LC01 energy storage power station and foldable solar panel series, providing green power solutions specially designed for off‑grid applications, outdoor camping, emergency backup power, as well as small‑scale and residential energy storage.

A Rich Programme to Stay Ahead of Innovative High-End Design and the Latest Market Trends
The twin lighting fairs will collaborate with prestigious international lighting organisations to feature a series of thematic seminars, product launches and networking events. The Innovative Lighting Design Forum will take place on 27 October at the HKCEC under the theme “Treasures of Light: Artistic Brilliance Beyond Exhibitions“. Award-winning lighting designers renowned for their work on museums, exhibitions and art galleries will share the latest market trends through case studies. Featured speakers include Dr Yan Liu, Design Director, China at AT Design & Consulting Co. Ltd., who has contributed to the lighting design of the Louvre Museum in Paris and the Palace Museum in Beijing; Adam Meredith, Lighting Designer at MEGS Lighting from Australia, who led the lighting design projects for the Metropolitan Museum of Art in New York and M+ in Hong Kong; and Omar Elkerm, Lighting Design Manager (Africa) at Signify, who led the lighting design for several major pyramid illumination projects in Egypt.

Following this forum is “Award-Winning Illumination: Highlights from the IES Illumination Awards“, a new event co-organised with the Illuminating Engineering Society (IES). Winners of one of the industry’s highest honours—the “IES Illumination Awards”—will analyse the artistic and technological developments in different lighting design categories. Featured speakers include Hiroyasu Shoji, Representative and Lighting Designer at Lightdesign Inc., who led the lighting design for the Grand Ring at Expo 2025 Osaka, and Kelly Jones, Principal at Lighting Design Alliance, a Salas O’Brien Company, whose portfolio includes numerous projects for Disney and Universal Studios.

Another debut event, “Circularity in Lighting Design“, will be co-organised with Women in Lighting (WIL) on 28 October. Influential female designers, including Sophie O’Rourke, Principal Lighting Designer at AECOM and Co-Founding Member of the Green Light Alliance, who is working on the ongoing Gilston Park Estate project, a new mixed-use community ; Pavlina Akritas, Founder of Akritas Lighting Design, known for her work on lighting projects for some of the world’s most prestigious luxury brands; Yah Li Toh, Founder and Principal of Light Collab, who designed the lighting for the Singapore Pavilion at Expo 2020 Dubai; Jinkie de Jesus, Founder of Light Plan Inc., who led the lighting design of Mactan-Cebu International Airport and some of Manila’s most prestigious hotels; and Kael Gillam, Principal Lighting Designer at Buro Happold, who designed the lighting f or Bromley Old Town Hall, will discuss relevant topics in detail.

Another key event, the Connected Lighting Forum, co-organised with the Shanghai Pudong Intelligent Lighting Association (SILA), will be held under the theme “Healing Light for the Future: Illuminating Emotional Well-being“, exploring the development of intelligent and human-centric lighting technologies for psychological wellness and sharing case studies on light healing and therapy.

In addition, numerous exhibitor and buyer activities will be held at AsiaWorld-Expo, including a seminar titled “Smart Tech Integration in Outdoor Lighting” on 27 October, which will bring together experts from the Alliance of Smart Pole Industry and another industry organisation to examine how AI is driving the next generation of smart pole applications.

Providing Buyers with a Seamless Sourcing Journey
The events will adopt the EXHIBITION+ hybrid model, enhanced by the Click2Match online smart business matching platform, which will be available from 19 October to 6 November. Additionally, the Scan2Match feature in the HKTDC Marketplace App will be accessible onsite for buyers to scan dedicated QR codes from exhibitors to:

• Bookmark favorite booths and products
• Instantly access detailed product information
• View interactive electronic floor plans
• Continue conversations with exhibitors after the fair

The seamless experience ensures a smoother, more connected sourcing journey—before, during, and after the fair.

Hashtag: #HKTDC #HKLIGHTINGFAIR

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• As sole supplier, KONE provides all 184 units to Huanggang Port, enabling vertical flow design for 300,000 daily passengers
• One-year execution under dual Hong Kong-Shenzhen standards delivers fully integrated cross-border project execution
• Introduces 24/7 connected services to enable predictive maintenance, leveraging real-time data and AI for seamless, 24-hour port operations

HONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Huanggang Port—the world’s largest land port and the only 24-hour passenger link between Hong Kong and Shenzhen—is officially opened. Unlike the traditional horizontal border-crossing layouts, the port adopts an innovative vertical passenger flow design fully equipped with all 184 elevators and escalators exclusively provided by Finnish’s KONE. Spanning the 9-story complex, this people flow solution is expected to slash transit times from 30 minutes to just 5 minutes for up to 300,000 daily passengers.

184 elevators and escalators across 9 levels deliver seamless vertical passenger flow
Breaking away from traditional clearance layouts, the Huanggang Port utilizes the height of its nine-story complex to create a vertical passenger flow arrangement, with immigration facilities on different levels to free up ground-level space for public transit. To bring this seamless experience to life, KONE supplied all 184 elevators and escalators, including 102 elevators equipped with regenerative drive technology and 82 escalators. Notably, the escalators feature a maximum rise of 19.2 meters, while the elevators can accommodate loads of up to 12 tons. This solution is designed to support the port’s daily capacity of 300,000 passengers, significantly reducing walking distances and waiting times, while relieving traffic congestion especially during peak periods after large-scale events.

Digital predictive maintenance supports 24-Hour operations
As the only 24-hour land checkpoint between Hong Kong and Shenzhen, the port demands utmost equipment reliability. KONE 24/7 connected services continuously monitors all units, leveraging real-time data and AI technology to identify potential risks in advance. By shifting from reactive to predictive maintenance, this digital solution enables seamless, round-the-clock operations. During over a hundred pre-opening drills, all KONE equipment successfully passed the 20,000-person Shenzhen-Hong Kong boundary-crossing pressure test. This not only validates its ultimate stability but also underscores our strong capacity to handle massive passenger surges. Looking ahead, KONE aims to integrate elevator and escalator data with building systems to drive passenger flow analysis, operational planning, and resource optimization.

Cross-border collaboration elevates service integration across GBA
Navigating the different regulations of Hong Kong and Shenzhen within a complex cross-border environment, KONE completed the installation and commissioning of all 184 units in just one year. Reflecting on KONE’s capabilities in cross-border project execution, Mr. Eric Xie, Senior Vice President of KONE Bay Region and Managing Director of KONE Hong Kong, said, “To meet the growing infrastructure demands of the Greater Bay Area, KONE has optimized its strategic setup in the region by closely integrating our Hong Kong and Shenzhen services. This investment not only strengthens our supply chain but also accelerates the delivery speed of elevator and escalator parts. By pairing Hong Kong’s world-class service standards with Shenzhen’s local technical talent and strategic location, we have built a powerful regional support network to fuel the future development of the GBA.”

From Luohu and Liantang to the Huanggang Port, KONE is one of the few companies capable of delivering complex cross-border projects. Driven by our seamless cross-border synergy, KONE remains committed to supporting public infrastructure, commercial developments, and rail transit projects, contributing to the region’s ongoing development.

Hashtag: #KONE

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About KONE

At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com

Debut of ASEAN and Qinghai Pavilions alongside four key themes spanning energy, technology, green cities and waste management

HONG KONG SAR – Media OutReach Newswire – 12 October 2026 – Eco Expo Asia 2026, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd, co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), will be held from 26 to 29 October at AsiaWorld-Expo.

HKTDC Associate Executive Director Silas Chu said: “Last month, the Hong Kong SAR Government unveiled the Policy Address and first Five-Year Plan, setting out a vision for building a green and liveable city. Across the region and beyond, China, the European Union and many ASEAN economies are actively pursuing carbon-neutrality or net-zero emission targets, and driving decarbonisation through regulations and industrial policies. Green transformation has shifted from policy aspiration to market rule. As global demand for ESG and green solutions continues to grow, Eco Expo Asia will bring together green technologies, innovative solutions, and global business opportunities to help enterprises capitalise on the new prospects emerging from this transition.”

He added, “This year’s Eco Expo Asia brings together over 340 exhibitors from 16 countries and regions, including first-time participants from Indonesia, Laos, Myanmar, the Philippines, Thailand, and Vietnam, highlighting the Expo’s growing international reach. Some 200 key officials and representatives of semi-official organisations from the Chinese Mainland, Hong Kong, Belt and Road countries, and ASEAN, will attend and tour the Expo, further promoting cross-regional cooperation and exchange.”

Speaking at the press conference, the Deputy Director of the Environmental Protection Department of the HKSAR Government, Dr Vanessa Au, expressed: “The 21^st edition of Eco Expo Asia, held under the theme ‘Connecting the World for a Sustainable Future’, dovetails with the HKSAR Government’s First Five-Year Plan, and implements the Policy Address precisely aligning with the National 15^th Five-Year Plan. It underscores our commitment to advancing Hong Kong’s green transformation, fostering green innovation, seizing the opportunities presented by the low-carbon economy, creating economic benefits and enhancing citizen well-being. Key highlights of this year’s expo include the HKSAR Government booth, the Environmental Campaign Committee Pavilion, the Hong Kong Pavilion and the newly established comprehensive experience zone for green technology. This year during the expo, the Environment and Ecology Bureau and the Ministry of Ecology and Environment of the People’s Republic of China will, for the first time, co-host the Belt and Road Green Innovation Conference in Hong Kong. In addition, the Environmental Protection Department, in association with the Belt and Road Initiative International Green Development Coalition and the Chinese Academy of Sciences, will jointly organise the second edition of the ‘Green Silk Road’ International Training Programme. This expo brings together stakeholders from all sectors, uniting our efforts to advance global carbon neutrality and sustainable development.”

Businesses show continued strong confidence in Hong Kong as an ESG business hub

The HKTDC has also released the “HKTDC ESG Index 2026”. The latest ESG Index stood at 67.3, up from 64.2 last year and well above the neutral threshold of 50, reflecting the continued strengthening of corporate confidence in Hong Kong’s role as an ESG hub. The survey also showed that 93% of respondents have integrated ESG into their overall business decision-making processes, while the share of businesses sourcing or selling ESG-related products and services rose from 29% in 2025 to 46% in 2026.

Silas said, “The rise in the ESG index reflects the continued strengthening of global businesses’ confidence in Hong Kong’s role as an ESG business hub. Results further demonstrate that ESG is increasingly being built into business decisions on investment, sourcing, and supply chain management, fuelling steady growth in demand for ESG products, services and solutions. ESG has evolved beyond a compliance requirement into a source of competitive advantage for companies.”

With strong demand for ESG solutions, Hong Kong is well positioned to unlock commercial opportunities across banking and finance, professional services, and innovation and technology. In terms of technological innovation, surveyed businesses identified the most impactful Hong Kong digital and ESG platforms for boosting performance as sustainable supply chain platforms (45%), AI analytics (37%), and cloud data reporting (30%). On supply chain management, respondents most valued Hong Kong’s ESG certification services (50%), followed by transparency and traceability tools (41%), and ESG audit and risk analysis solutions (36%).

Pavilion line-up expands with ASEAN and Qinghai Pavilion debuts

Eco Expo Asia brings together green innovations and technologies from around the world, offering the industry a platform to exchange ideas and explore new business opportunities. This year, the number of participating pavilions has risen to 18, covering a wider spread of regions. On the Chinese Mainland front, Qinghai Province makes its first appearance with a pavilion of its own, joined by the nine Chinese Mainland cities in the Greater Bay Area, Macao, Guangxi, Hunan, Shanghai, and Nanjing in Jiangsu Province.

Among the international group pavilions, the headline addition is a new ASEAN Pavilion, featuring 13 green technology companies from eight member countries, including Singapore, Laos, Malaysia, Myanmar, the Philippines, Indonesia, Thailand, and Vietnam. An ASEAN networking reception on the opening day will further strengthen business ties with the region. In addition, Korea Institute of Fusion Energy (KFE), bringing two companies, will showcase their marine environmental technologies and waste gas treatment equipment. The US State of Illinois returns after several years, while Canada, Italy, and the Netherlands maintain their regular presence.

Regarding Hong Kong exhibitors, the Hong Kong Science and Technology Parks Corporation once again leads 11 start-ups to the Expo to showcase local green innovation achievements. The Hong Kong Pavilion, supported by the Environmental Protection Department and coordinated by the Federation of Hong Kong Industries, is back with 19 local exhibitors presenting a diverse range of eco-friendly products, technologies and solutions. Rounding off the home-grown line-up, the HKSAR Government booth, featuring 11 bureaux and departments including the Environment and Ecology Bureau, and the Environmental Campaign Committee Pavilion, will highlight the city’s latest work in environmental protection and green development.

As a member of the HKSAR Government’s GoGlobal Task Force, the HKTDC will set up a GoGlobal Connect Zone, helping Chinese Mainland environmental enterprises tap international markets through Hong Kong’s professional services. A seminar on going global rounds out the programme, sharing practical experiences in expanding overseas.

Four thematic areas spotlight green innovation

Aligned with global trends and policy directions, this year’s Expo centres on four areas: Green Energy in Motion, Frontier Green Tech, Building for a Greener City and From Waste to Worth, showcasing the latest innovative green technologies, products, and solutions.

Under”Green Energy in Motion“, the Expo features green energy solutions spanning the maritime, land transport and aviation sectors. Echoing the call in the Policy Address and Hong Kong’s First Five-Year Plan to build a Sustainable Aviation Fuel (SAF) industry chain, EcoCeres Ltd. (Booth: 3-F30), a global leading SAF producer, makes its Expo debut with its advanced renewable SAF made from waste materials, alongside Hydrotreated Vegetable Oil (HVO). The Hong Kong Science and Technology Parks Pavilion (Booth: 3-E02) will also focus on energy, with start-ups presenting innovations such as EV chargers and modular EV conversion technology.

Under the “Frontier Green Tech” theme, around 30 start-ups and university spin-offs will show how research achievements have been transformed into practical environmental applications. Among them, first-time exhibitor Stellerus Technology Limited (Booth: 6-D27) will display the Multi‑Spectral Imaging Carbon Observatory (MUSICO), the world’s first lightweight, high‑resolution, high‑precision synergistic greenhouse gases observatory, which has already been deployed on China’s Tiangong space station. MUSICO monitors greenhouse gas emissions, supporting enterprises in formulating emission-reduction measures and supplying precise data to green finance institutions.

In keeping with the “building a green and liveable city” policy direction under Hong Kong’s Five-Year Plan, the “Building for a Greener City” theme gathers a host of innovations now in real-world use. Green Vigor Limited (Booth: 3-E02) will exhibit a modular hydropower system that converts wasted hydraulic resources from water tanks and cooling systems in buildings into electricity, a solution already in use in local shopping malls, commercial buildings and schools. AEC GreenTech Innovations Limited (Booth: 3-C20) brings a robot designed for plastering and paint spraying, which works at least five times faster than manual labour while halving material use, delivering environmental benefits. The technology has been adopted in local construction projects.

The fourth area, “From Waste to Worth“, assembles a number of leading Chinese Mainland enterprises in the waste management sector, including Chongqing Sanfeng Environment Group (Booth: 3-E30), named among Top 50 Environmental Enterprises in China and the Top 10 Influential Enterprises in China’s Solid Waste Industry, as well as listed environmental companies Dynagreen Environmental Protection Group (Booth: 3-B30) and Beijing Enterprises Environment Group (Booth: 3-D30), showcasing their waste management and resource circular solutions. Hong Kong-based Green AI Technology Limited (Booth: 3-E26) will launch REV, its new generation of the unmanned recycling station at the Expo, demonstrating how AI and automation can be applied to recycling.

Over 30 key events to gather experts from government, industry, academia and research

More than 30 forums and seminars will be held during the Expo, bringing together over 80 government officials, industry leaders and business representatives from the Chinese Mainland, Australia, Malaysia, Thailand, and other Belt and Road countries to share insights on green opportunities, success stories and forward-looking strategies.

The annual flagship event, Eco Asia Conference, will also feature a series of seminars centred on four key themes, with industry and academic experts presenting the latest developments. On 26 October, Professor Su Hui, Chair Professor in the Department of Civil and Environmental Engineering at HKUST, who spearheaded the development of MUSICO, will join Professor Kenneth Leung, Director of the State Key Laboratory of Marine Environmental Health at CityUHK, to discuss technologies for monitoring extreme weather and explore Hong Kong’s role as a regional green innovation hub. On 27 October, representatives from the Construction Industry Council and China State Construction Engineering (Hong Kong) Ltd will examine green building development from the perspectives of policy, certification and practice.

On 28 October, Avinash Persaud, Special Advisor on Climate Change to the President of the Inter-American Development Bank (IDB) and a member of the High-Level Expert Group on Climate Finance for the COP26, 27 and 28 Presidencies, will take to the stage. Drawing on his extensive experience spanning international finance, public policy, and climate finance, he will analyse emerging global trends in the field.

Public Dayinvites everyone to embrace green lifestyles

The final day of the Expo (29 October) will be Public Day, with free admission for the public, aiming to raise awareness of environmental protection and sustainability and to encourage the adoption of green lifestyles. A series of seminars on climate, environmental protection and food waste upcycling will be held that day. Speakers include representatives from the Hong Kong Observatory, Hong Kong meteorologist and former Assistant Director of the Hong Kong Observatory Leung Wing Mo, and guests from Ways Out HK, a local social enterprise that turns food waste into jewellery. Visitors can also take part in interactive workshops, including a recycled paper making workshop, green cleaners making workshop and green mini games, enabling participants to learn hands-on how to put resource recycling and green living into practice.

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Hashtag: #HKTDC #EcoExpoAsia #ESG #Sustainability

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Jyotiraditya Scindia responded on Friday after Musk questioned billionaire Mukesh Ambani’s influence over the approval process, escalating a dispute over Starlink’s prolonged wait to begin commercial operations in one of the world’s largest telecommunications markets.

“India does not allow a monopoly in any sector,” Scindia told a media briefing, defending the government’s handling of satellite communications licences and its approach to competition.

The intervention followed Musk’s question on his social media platform X on Thursday: “Is Ambani the real boss of India?” Musk suggested that Starlink’s difficulties reflected the influence of established business interests but offered no evidence that Ambani had interfered with regulatory decisions.

The Ministry of Communications had already dismissed Musk’s earlier allegation that unnamed oligarchs were obstructing Starlink to protect their market position. It described the regulatory framework as fair and non-discriminatory and called suggestions of unequal treatment “baseless and misconceived”.

Officials said three licensed satellite communications operators were undergoing security assessments and remained at broadly comparable stages of the approval process. Those operators are Starlink, Reliance Jio’s satellite venture and Eutelsat OneWeb, which has links with Bharti Airtel.

Starlink has obtained a licence to provide satellite services, but that authorisation does not itself permit an immediate commercial launch. The company must satisfy security conditions before proceeding to spectrum assignment, another requirement for starting operations.

The distinction has become central to the disagreement. Musk has questioned why his company cannot begin serving customers after years of work to meet regulatory requirements, while the government maintains that obtaining a licence is only one stage of a process applicable to every provider.

Security scrutiny covers issues arising from satellite networks’ ability to deliver communications across borders and from the need for operators to comply with domestic interception, monitoring and other lawful requirements. The government has not announced a date for completing the assessments or assigning spectrum to Starlink.

Musk initially accused unnamed influential figures of seeking to preserve what he described as a monopolistic hold over connectivity. He argued that delays harmed people without adequate internet access, particularly communities that could benefit from satellite connections where terrestrial networks are difficult to extend.

His subsequent reference to Ambani made the dispute more personal. Reliance Jio, part of the conglomerate led by Ambani, is among the dominant providers of mobile connectivity in India, alongside Bharti Airtel. Neither the size of those businesses nor their presence in the satellite sector establishes the interference alleged by Musk.

Reliance Jio had not publicly answered the accusation by Friday. The absence of a response leaves Musk’s specific suggestion about Ambani unsupported, while the government’s explanation addresses the formal approval process rather than every concern raised about its duration.

The controversy has also drawn political attention. Opposition leader Rahul Gandhi joined the exchanges on X, responding to Musk’s remarks with a pointed comment about the influence of powerful figures. His intervention widened a disagreement initially centred on satellite licensing into a debate about corporate power and government decision-making.

Starlink’s proposed service differs from conventional mobile broadband. Its network uses low-Earth-orbit satellites to connect customer terminals, potentially extending internet access to remote locations without the same dependence on ground-based fibre or mobile towers.

That potential has made the timing of market entry important for Starlink, although affordability, equipment costs and regulatory obligations will also shape the service’s commercial prospects. No confirmed nationwide launch date or final retail pricing has been announced for customers in India.

The regulatory dispute follows years of preparations by SpaceX to enter the market. Starlink has also explored distribution partnerships with established telecommunications companies, including Reliance Jio and Bharti Airtel, demonstrating that competition in satellite broadband can coexist with commercial cooperation.

India’s satellite spectrum framework envisages administrative assignment rather than conventional auctions, subject to prescribed charges and conditions. Operators still require individual approvals before they can activate services, and holding an authorisation does not remove obligations connected with network security.

The Ministry of Communications has said a licensee may move towards spectrum assignment once its security assessment is completed. That sequence applies to the three companies currently seeking to introduce satellite broadband services under the government’s approval framework.

Guided by the Central Passport, LANDMARK invites visitors to experience Central anew— from Louis Vuitton’s global spectacle to cultural, dining and seasonal celebrations.

HONG KONG SAR – Media OutReach Newswire – 9 October 2026 – LANDMARK today unveils Destination CENTRAL, inviting local residents and international visitors to rediscover the many sides of Central through the collectible Central Passport. The programme celebrates the district’s long-standing role as Hong Kong’s gateway for arrival, exchange and discovery. Inspired by the spirit of travel, Destination CENTRAL connects experiences across Central, bringing together travel-inspired activations in partnership with Hong Kong Tramways and Asia Miles; district-wide dining privileges; a global spectacle by Louis Vuitton; and THE CHATER, an exclusive dining concept presented by LANDMARK.

Your Passport to Central

Created by LANDMARK, the luggage-inspired Central Passport is a collectible guide bringing together experiences both within LANDMARK and across the wider district into a seamless journey. Inside, a curated map is paired with personal stories and recommendations from people who know Central closely—from tram motormen, singers and public figures to athletes, celebrated chefs and bar founders—inviting visitors to uncover the area’s hidden character.

Available from collection points across the district, the Central Passport can be personalised with stamps from eight designated locations. Visitors who collect any three stamps can visit the Destination CENTRAL Redemption Counter on 2/F, LANDMARK ATRIUM to enter a lucky draw and unlock a surprise gift. Lucky winners stand a chance to receive up to 66,000 Asia Miles—equivalent to a round-trip business-class flight to Japan—alongside photobooth experiences, limited-edition keepsakes and dining vouchers. The Central Passport also includes exclusive dining privileges from more than 40 participating partners, including Lan Kwai Fong and The Murray.

Louis Vuitton at LANDMARK

Following iconic presentations on the Champs-Élysées in Paris, 57th Street in New York and ‘The Louis’ in Shanghai, Louis Vuitton brings the latest chapter of its global series to Hong Kong. Unveiling soon, the Maison will present a monumental mega-art installation at LANDMARK, reimagining its enduring “Spirit of Travel”. Complemented by the pop-up store currently at LANDMARK ATRIUM and the upcoming dedicated Basement Brand Exhibition , the experience offers a captivating glimpse into the world of Louis Vuitton—setting the stage for the highly anticipated Louis Vuitton Maison at LANDMARK.

Transit Through Central’s Changing Landscape

The travel narrative continues with the LANDMARK Tram Station and Heritage Route, created in partnership with Hong Kong Tramways. Together, they offer an interactive look at Central’s transport heritage and evolving urban landscape—from its early harbourfront and trading past to today’s connected city centre. The LANDMARK Tram Station recreates one of the city’s first-generation trams, fitted with authentic archive pieces from Hong Kong Tramways, including a traditional ticket punch, a coin box, driving console and “Dick, Kerr” controller.

A First Class Stop for Dining and Views

Taking the travel theme into hospitality, LANDMARK presents THE CHATER, an exclusive dining concept opening on 6 October, featuring an all-day menu curated by Mandarin Oriental, Hong Kong. Inspired by the elegance and anticipation of a grand station lounge, the new venue brings together Hong Kong and international flavours, with highlights including bubble tea and gourmet quick bites, alongside Pierre Hermé macarons and gelato set to be launched later in the season. The experience will extend to Platform 1889 on 3/F, a first-class railway carriage-inspired feature within THE CHATER’s terrace. Named for the year Sir Paul Chater co-founded Hongkong Land, Platform 1889 pays tribute to a defining moment in Central’s history while offering a prime view of Louis Vuitton’s monumental mega-art installation and the Central skyline.

Halloween Takes Over Central

From 17 to 31 October, Hongkong Land, supported by the Hong Kong Tourism Board and district partners, presents Halloween in Central—a heritage-led celebration that transforms Central’s iconic streetscape into a citywide Halloween playground.

At Statue Square Gardens, South, four large-scale installations set a striking scene: I Am Watching You, a giant eyeball rising over the fountain; The Awakening, a monumental gateway; the photo-ready Coffin Throne; and The Jail, a haunted reimagining of the pavilion.

On Chater Road, the programme begins with Boo-st Your Mood – Pickleball Day in partnership with Pick & Match on 17 October, a wellness-focused afternoon of active fun. This is followed by OPEN by HE.R – Halloween in Central Kick-Off Party on 18 October, bringing live music and high-energy celebrations to the street. Monster Mash Fest – Family Day arrives on 24 October with costumes, face painting, themed bouncy-castle sessions, performances and Halloween treats, before Halloween Day Unleashed closes the programme on 31 October, featuring cosplay, roving characters, themed performances and late-night festivities. Full details are available at https://www.halloweenincentral.com/

“As a key stakeholder deeply rooted in Central, Hongkong Land is delighted to bring Destination CENTRAL to life alongside our district partners, inviting the public to discover the extraordinary charm of Central anew,” said Olivia Luk, General Manager, Marketing, Hong Kong Central, Hongkong Land Limited. “Together with a rich programme of dining privileges and seasonal celebrations, we hope everyone—from daily office workers and local residents to visitors—can shape their own memorable story of Central.”

Exclusive Rewards and Privileges

Destination CENTRAL brings added benefits to every qualifying LANDMARK visit with HSBC-exclusive offers for BESPOKE members. From 28 September to 18 November 2026, eligible BESPOKE members paying with an HSBC Privé Mastercard® or HSBC Premier Mastercard® can receive up to HK$3,000 in BESPOKE Bonus Reward Vouchers, up to 135,000 Bonus BESPOKE Points, and Complimentary Beverage Passes to Platform 1889 at THE CHATER upon registration of cumulative same-day eligible spending.

Terms and conditions apply. For full programme and promotional details, including specific Central Passport mechanisms, please visit https://destinationcentral.hk.

@landmarkhk #LANDMARKHK #DestinationCENTRAL

APPENDIX

Please visit the Destination CENTRAL website at https://destinationcentral.hk for the latest programme details, terms and conditions.

Central Passport Collection & Reward Details (28 September – 18 November 2026)

Other Destination CENTRAL Activities At A Glance

Destination CENTRAL Redemption Gifts

• 66,000 Asia Miles—equivalent to one Cathay Pacific Business Class round-trip ticket to Japan*
• 26,000 Asia Miles—equivalent to one Cathay Pacific Economy Class round-trip ticket to Japan*
• Destination CENTRAL Tram Plush Charm
• Destination CENTRAL Magnet
• Destination CENTRAL Photobooth Experience
• Destination CENTRAL Mini Camera
• Ami Signature Beef Sando
• BaseHall HK$50 Gift Certificate
• THE CHATER HK$50 Gift Certificate

*Based on Cathay Flight Awards – Standard Awards as of 1 September 2026. Terms and conditions apply.

Hashtag: #LANDMARKHK

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

About LANDMARK

LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 – LANDMARK today is the luxury shopping destination of Hongkong Land’s Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK offers approximately 208 of the finest stores and restaurants, all seamlessly linked by pedestrian bridges. From high fashion and accessories to watches and jewellery, from luxury living to beauty and grooming, from international cuisine to authentic gourmet dining, LANDMARK brings the ultimate shopping experience to the discerning customer.

About Hongkong Land

Hongkong Land is a major listed property investment, management and development group. The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. The Group’s Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. The Group has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures and five retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing. In Shanghai, the Group owns a 43% interest in a 1.1 million sq. m. mixed-use project in West Bund, which is due to be completed in 2028. Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson Group.

By Rahil Nora Chopra Leader of Opposition in the Lok Sabha Rahul Gandhi stole the spotlight with a display of athleticism, seamless climbing over a police barricade during the Opposition MPs’ march to the Election Commission headquarters. Dressed in his trademark white collared T-shirt, Rahul stood atop the barricade, waving the Tricolour in the face […]

The article Anti-Election Commission Protest: Athletic Rahul Steals The Show appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The MICHELIN Key recognises hotels that offer exceptional stay experiences, assessed against five universal criteria: excellence in architecture and interior design; quality and consistency of service; individual personality and overall character; value for money; and a meaningful contribution to the experience of the surrounding neighbourhood or destination. Together, these criteria demonstrate that a memorable stay is shaped by far more than the beauty of a property alone; it is the result of different elements coming together to create an overall experience. At Oriental Residence Bangkok, this is expressed through a distinctive residential experience centred on elegance, privacy and intuitive care that responds to each guest’s individual needs.

Three Years of Recognition, Beyond the First Impression

Receiving One MICHELIN Key for the third consecutive year places Oriental Residence Bangkok among the hotels in Thailand recognised internationally for an exceptional stay experience. The achievement also reflects the dedication of the hotel team in maintaining consistently high standards of service.

Alongside its One MICHELIN Key distinction, Oriental Residence Bangkok is also a member of Small Luxury Hotels of the World (SLH), reflecting the hotel’s distinctive identity and thoughtful approach to service. Together, these recognitions reflect the strong foundation of quality on which the hotel continues to build and evolve its guest experience in response to changing traveller expectations.

For ONYX Hospitality Group, the recognition reflects a management approach that places equal importance on maintaining standards and preserving each brand’s individual character. Drawing on its experience and expertise, the Group develops services that respond to different guest needs, ensuring each journey is supported with the right level of care while maintaining a consistent quality of experience.

For travellers choosing a hotel for a relaxing break, whether for a weekend away, time with family or a stay that calls for added comfort and convenience, the choice may be about more than simply discovering a new place to stay. It is also about having confidence that the experience will meet their needs and make the time set aside for rest truly worthwhile. Consistent recognition therefore provides another meaningful point of reference when choosing where to stay.

One of the defining qualities of Oriental Residence Bangkok is the opportunity to unwind in a tranquil and private setting on Wireless Road while remaining in the heart of the city. Surrounded by embassies, lifestyle destinations, restaurants and key landmarks, guests can step out to experience Bangkok, meet the people who matter, or return to the calm of the hotel at their own pace. With spaces suited to both work and time together, complemented by service that respects privacy, the hotel is well suited to both short breaks and longer stays in Bangkok.

Building on Recognition, Shaping the Next Chapter of the Guest Experience

Over more than 60 years, ONYX Hospitality Group has continued to build on its hospitality expertise, bringing this foundation to Oriental Residence Bangkok through The Art of Intuitive Refinement. The concept places emphasis on elegance, privacy and care that understands each guest’s needs at different moments throughout their stay.

This experience also connects naturally with More of What You Love, ONYX Hospitality Group’s philosophy of giving guests more time for the things that matter to them, whether choosing how to spend their day, discovering the character of Bangkok, or returning to the tranquillity and privacy of the hotel.

Hashtag: #ONYXHospitalityGroup

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

About ONYX Hospitality Group:

ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.

More information: www.onyx-hospitality.com

Find us on social media:
Follow us on Instagram: https://www.instagram.com/onyxhospitalitygroup/
Follow us on LinkedIn: https://www.linkedin.com/company/onyx-hospitality-group/
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The successful field trial, conducted by QNu Labs, the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N) and IIT Gandhinagar, established a quantum communication channel between two facilities in Gandhinagar, Gujarat.

The Ministry of Electronics and Information Technology announced the achievement on October 3, confirming that the experiment took place overnight on September 27–28. The system generated secure cryptographic keys at 230–260 bits per second while maintaining a quantum bit error rate below five per cent.

The participating institutions also demonstrated successful encryption and decryption of test messages using the generated keys, establishing that the experimental quantum channel could operate alongside conventional communications infrastructure.

The achievement represents India’s first publicly announced free-space quantum key distribution demonstration at this distance. Unlike fibre-based systems, the technology transmits quantum signals through the atmosphere, allowing secure key exchange without a continuous physical cable between communicating locations.

QNu Labs deployed its Armos quantum key distribution equipment alongside a pointing, acquisition and tracking system designed to maintain optical alignment between transmitting and receiving terminals.

The experiment used a 1,550-nanometre optical channel and a differential phase shift decoy protocol. Precise alignment was essential because atmospheric disturbances and small movements can disrupt the transmission of weak quantum signals across extended distances.

The reported error rate provided an important indication of transmission quality, while the secure key generation rate demonstrated the system’s ability to produce cryptographic material for practical encryption applications.

The generated keys were integrated into BISAG-N’s Vedic Kavach platform, which incorporates post-quantum cryptography and quantum random number generation. This arrangement combined hardware-based quantum key distribution with software-based cryptographic protection.

Researchers demonstrated the transmission of 256-bit encryption keys through an interface conforming to the ETSI GS QKD 014 specification, enabling a test message to be encrypted, transmitted and decrypted successfully.

The hybrid architecture is intended to maintain cryptographic protection when the quantum channel becomes temporarily unavailable. Post-quantum cryptography uses mathematical algorithms designed to resist attacks from sufficiently powerful quantum computers, while quantum key distribution relies on the properties of quantum states to reveal potential interception.

The two approaches address different security requirements and can operate together, although neither eliminates every vulnerability associated with communication networks, including compromised devices or implementation weaknesses.

Sunil Gupta, co-founder and chief executive of QNu Labs, said quantum security would become meaningful at scale only when technologies moved beyond controlled laboratories and operated across actual communications infrastructure.

He said the field trial demonstrated that quantum key distribution, supported by precise optical tracking, could function across a multi-kilometre atmospheric link while integrating with a post-quantum security layer.

Vinay Thakur, director-general of BISAG-N, highlighted the integration of Vedic Kavach with quantum key distribution as evidence that complementary security technologies could address evolving protection requirements.

The demonstration also has implications for India’s proposed satellite quantum communication capabilities. Satellite-to-ground systems require quantum signals to pass through atmospheric conditions, making terrestrial free-space experiments useful for evaluating optical transmission and tracking technologies.

However, the Gandhinagar experiment did not establish a satellite connection or demonstrate operational performance across orbital distances. Such applications require additional testing involving moving platforms, longer optical paths and changing atmospheric conditions.

The achievement contributes to technical work associated with India’s National Quantum Mission, which includes developing secure quantum communications and supporting technologies for terrestrial and space applications.

Manish Tripathi, who oversees the Interdisciplinary School of Technology and Future at IIT Gandhinagar, described the experiment as a valuable field environment bringing together academic research, domestic technology development and practical testing.

The participating organisations have not announced a timetable for commercial deployment or a subsequent satellite demonstration based on the trial.

The reported performance figures describe the conditions achieved during the September experiment rather than guaranteed operating rates under different weather conditions or across other locations.

BISAG-N contributed its Vedic Kavach encryption environment, IIT Gandhinagar provided the academic testing setting, and QNu Labs supplied the quantum distribution equipment and optical tracking technology used in the demonstration.

By Dr. Gyan Pathak The first week of anti-CEC agitation – 2 to 8 October, originally called by 19 political parties of INDIA bloc on September 30, now looks like the beginning of a broader electoral-rights movement in India. Several streams are converging: INDIA bloc parties, the youth-led by Cockroach Janata Party (CJP), student organisations, […]

The article First Week Of Anti-CEC Agitation Turns Into Electoral Rights Movement appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Dr. Gyan Pathak Tamil Nadu politics is undergoing a great churning. Tamilaga Vettri Kazhagam (TVK) led by CM Chandrasekaran Joseph Vijay has formally joined the INDIA bloc on October 3, 2026. It is indeed the biggest strategic shift in Tamil Nadu politics in recent times, which the Tamil Nadu Congress Committee president Manickam Tagore […]

The article TVK Joining INDIA Bloc Is The Biggest Strategic Shift In Tamil Nadu Politics appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Arun Srivastava The political economy of a state is the interdisciplinary study of how a government’s political institutions, laws, and power dynamics interact with its economic system to produce, distribute, and manage wealth and public policy. The political economy of Uttar Pradesh is shaped by its massive electoral weight, profound caste-class cleavages, and a […]

The article Top BJP Leadership Is Leaving No Stone Unturned To Win Uttar Pradesh Assembly Polls appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Under the contract, all trains designed and manufactured by Alstom for Hanoi’s urban rail lines will be new-generation five-car trains, offering advanced features in design, operational efficiency and safety. The aluminium car body reduces axle load, saving energy and reducing track wear. The wide-body design maximises interior space and increases passenger capacity. The train runs fully automated and driverless, at GoA4, the highest grade of automation. The modern braking system combines regenerative and disc brakes, ensuring safety while recovering energy during braking.

The first 83 trainsets will be designed and manufactured at Alstom’s Valenciennes Petite-Forêt site in France, one of Alstom’s centres of expertise for metros. In addition to supplying the 83 complete trainsets, Alstom will provide technology, engineering expertise, tooling support and key components, enabling Vingroup to develop local capabilities to manufacture and assemble the next 117 trainsets in Vietnam.

The contract between Vingroup and Alstom lays an important foundation for strengthening Vietnam’s self-reliance and modernising its rail industry ecosystem. The partnership also opens opportunities to establish a long-term industrial partnership and progressively expand Vietnam’s participation in the global value chain.

Mr. Martin Sion, Alstom CEO, said:“This agreement is a major milestone for Alstom in one of the fastest-growing mobility markets in the world. By combining Alstom’s global expertise with VINGROUP’s industrial strength and long-term vision, we are creating a unique partnership that supports both the expansion of Hanoi’s metro network and the development of local rail capabilities. This agreement also demonstrates the strength of French rail technology and reinforces Alstom’s position as a trusted partner for major mobility projects across the region.”

Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said: “High-speed rail, urban rail, bridges, ports, logistics and other next-generation transport infrastructure are among the key areas under Vingroup’s Infrastructure pillar. Our strategy is to connect world-class international resources, technologies and expertise with the strong execution capabilities of Vingroup’s ecosystem, enabling us to contribute to the development of infrastructure platforms with long-term significance for Hanoi and Vietnam.”

Vingroup is the general contractor for Hanoi’s metro projects through its subsidiary Vinhomes. The partnership with Alstom aims to provide rolling stock for Hanoi’s urban rail projects while progressively developing local capabilities, enabling Vingroup to contribute over the long term to the development of the city’s urban rail network.

Under Hanoi’s Capital Master Plan with a 2045 vision, the city’s urban rail network is planned to reach 979 kilometres, comprising 18 lines and serving as the backbone of the city’s public transport system.

With a total planned length of nearly 1,000 kilometres, the network would also represent one of the largest urban rail development programmes in Southeast Asia, helping reduce traffic congestion, mitigate environmental pollution and improve the quality of life for Hanoi’s residents.

Hashtag: #Vingroup

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

About Vingroup

Established in 1993, VINGROUP is one of the leading diversified private economic groups in the region, operating across six core sectors: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture and Social Enterprises.

For more information, please visit: www.vingroup.net/en.

About Vinhomes

Vinhomes is Vietnam’s leading real estate brand, pioneering the development of large-scale, high-quality urban communities with professional planning, comprehensive amenities and a modern, green and clean living environment, helping shape new lifestyles for Vietnamese residents.

Alongside 32 urban developments currently in operation across the country, Vinhomes continues to focus on developing new-generation mega and super-scale urban developments of leading regional scale and stature, aspiring to create “some of the world’s most desirable places to live” while contributing significantly to the transformation of Vietnam’s urban landscape.

For more information, please visit: https://vinhomes.vn/vi.

About Alstom

Alstom is the pure rail leader, committed to making rail the backbone of sustainable transportation. We design and deliver a complete range of future-ready solutions – from high-speed and regional trains to metros, monorails, trams, turnkey systems, end-to-end services, infrastructure, signalling and digital rail solutions. With 87,800 people in 61 countries, Alstom brings together global expertise and multi-local presence to make every journey smarter, cleaner and more enjoyable. Together with our partners and customers, we realise the power of rail. Listed in France, Alstom generated revenues of €19.2 billion for the fiscal year ending 31 March 2026.

For more information, please visit www.alstom.com

Grade A Office Availability Rate Drops Further, High Street Leasing Activities Focus on Kowloon

• Residential Market: Market sentiment turned more cautious in Q3, with total residential transaction numbers slipping by 40% q-o-q and 21% y-o-y to record around 13,240 cases. Home prices softened by 0.8% between July and August, yet, supported by stronger 1H performance, still recorded a cumulative rise of 7% in the first eight months of 2026.
• Grade A Office Market: Citywide net absorption reached 412,400 sq ft in Q3, mainly driven by expansion activities by the banking, financial services and insurance (BFSI) sector. Rents in Greater Central continued to pick up, while rental level declines in non-core submarkets narrowed. The overall office market rental level is expected to rise by +5% to +7% in 2026.
• Retail Market: Overall retail sales growth remained resilient on the back of growing tourist arrivals and stronger economic fundamentals supporting local consumption sentiment. The overall high street vacancy rate remained broadly stable in Q3, with leasing activities concentrated in Mongkok and Tsimshatsui.

HONG KONG SAR – Media OutReach Newswire – 5 October 2026 – Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Q3 2026 Review andOutlook press conference. The Hong Kong residential market entered a consolidation phase in Q3 amid a shift in the U.S. Federal Reserve’s interest rate outlook, increased stock market volatility, and tighter cross-border capital controls in the Chinese mainland. Against this backdrop, residential transaction numbers dropped by 40% q-o-q to record around 13,240 cases in Q3, while home prices declined by 0.8% during July and August. In the Grade A office market, the total new leased area for Q3 reached 1.4 million sq ft, the highest quarterly level since 2019, supported by expansion activities from the BFSI sector. Citywide net absorption reached +412,400 sq ft for the quarter, bringing the overall availability rate to trend further downward, while YTD rental growth recorded +6.1%. In the retail sector, total retail sales remained resilient in Q3. The overall high street vacancy rate remained broadly stable during the quarter, chiefly supported by more active leasing commitments in Mongkok. Leasing activity in Hong Kong Island districts moderated somewhat.

Grade A office leasing market:BSFI expansion demand fuels leasing momentum

The Q3 2026 period marked another active quarter for Hong Kong’s Grade A office market. Total new leased area reached 1.4 million sq ft in Q3, the highest quarterly level since 2019. The banking, financial services, and insurance (BFSI) sector, and consumer products / manufacturing sectors, were the key demand drivers, with BFSI occupiers largely expansion-led. Citywide net absorption reached +412,400 sq ft in the quarter. This performance helped pull down the overall availability rate 0.4 percentage point q-o-q to 19.1%. Core district rents continued to outperform non-core areas. Greater Central rents continued to climb by a further 3.0% q-o-q in Q3, while non-core area rental level declines further narrowed. Rents in Hong Kong East and Hong Kong South edged up slightly in Q3. The overall citywide rental level rose by 1.7% q-o-q in Q3, bringing YTD rental growth to +6.1%.

John Siu, Managing Director, Hong Kong, Cushman & Wakefield,said, “Rents in Greater Central grew by 13% YTD, reflecting strong demand for prime offices. However, mid-priced Grade A offices, particularly those with net effective rents of around HK$45-60 psf, are expected to continue facing headwinds, as abundant existing space and forthcoming supply across multiple submarkets within this price range is likely to sustain intense competition.”

Siu added, “Looking ahead, positive market momentum is likely to partly offset the scheduled 1.2 million sq ft of new supply in Q4, keeping the availability rate broadly stable at 19% to 20% at the year-end. With a decelerating supply pipeline beyond 2026, availability may have passed its cyclical peak in 2025, but non-core areas will continue to face absorption pressure. Full-year rental growth in Greater Central is now projected to grow by +12% to +14%, supporting the citywide Grade A office rental level to rise by +5% to +7% in 2026.”

Retail leasing market: Retail sales growth remains resilient, with Mongkok leading high street leasing activities

Hong Kong retail sales growth remained resilient in Q3, driven by growing tourist arrivals and stronger economic fundamentals supporting local consumption sentiment. The city’s overall retail sales for the January to August 2026 period reached HK$266 billion, up 8.5% y-o-y. Among key retail categories, the Jewellery & Watches sector recorded the strongest performance, recording y-o-y sales growth of 22.6%. Other sectors, such as Medicines & Cosmetics (+5.0%) and Fashion & Accessories (+3.2%), recorded more modest low single-digit growth.

The overall high street vacancy rate remained broadly stable at 5.4% in Q3, chiefly supported by more active leasing commitments in Mongkok, with the district’s vacancy rate dropping to 4.8% from 8.6% in Q2. In Tsimshatsui, although the vacancy rate moved up to 9.5%, notable new transactions were also recorded during the quarter. On Hong Kong Island, vacancy rates in Causeway Bay and Central increased in Q3, rising to 5.1% and 1.4%, respectively, after remaining at 0% for two consecutive quarters. With prime retail spaces in both districts fully occupied in previous quarters, leasing activity moderated in Q3.

High street retail rents in both Causeway Bay and Tsimshatsui remained unchanged in the quarter. In Mongkok, stronger leasing momentum supported a 0.4% q-o-q rise in rental levels. As for Tsimshatsui, a slowdown in the luxury segment combined with relatively high vacancy weighed on the district’s rental performance, resulting in a fall of 1.1% q-o-q. In the F&B sector, rents remained under pressure amid high availability, dropping within a 1% range q-o-q across the four key districts.

John Siu commented, “We have observed stronger leasing demand from Japanese, South Korean and Thai brands in recent months. Looking at the first-stores recorded so far this year, approximately 36% originated from Japan, South Korea and Thailand, similar to the share accounted for by Chinese mainland brands, while exceeding the 29% recorded for 2025 full-year. We expect this trend to continue through the remainder of the year. Looking ahead, the Hong Kong retail market is expected to remain supported by resilient local consumption resulting from stronger economic fundamentals, together with greater tourist spending underpinned by a stronger RMB, and a pipeline of planned mega-events. These factors will bring continued momentum to the city’s retail market. We also expect local and non-local retailers to remain selective, with demand focused on well-located retail spaces in core districts offering attractive rental packages. In turn, the city’s retail market is likely to maintain a gradual recovery trajectory. We forecast high street retail rents in Causeway Bay and Central to pick up by 2% to 3% y-o-y in 2026, with Tsimshatsui and Mongkok recording modest rental growth of 1% to 2% y-o-y.”

Residential Market: Home prices consolidate as transaction numbers cool in Q3, rate hikes remain key

The Hong Kong residential market consolidated somewhat in Q3 following the strong momentum recorded in 1H. After the sustained release of purchasing power over the past year, coupled with the shift of the U.S. Federal Reserve rate direction, increased stock market volatility and heightened uncertainties, some prospective buyers reverted to a wait-and-see stance. This resulted in a noticeable slowdown in transaction activity from July onwards. The monthly transaction number, which averaged more than 7,000 cases in Q2, fell back to around 4,000 deals between July and September. A total of 13,242 residential transactions were recorded in Q3, down 40% q-o-q, bringing cumulative transactions to reach 54,052 cases for the first nine months of the year, representing an 18% increase y-o-y.

Edgar Lai, Senior Director, Valuation and Consultancy Services, Hong Kong, Cushman & Wakefield, commented, “Housing price growth momentum decelerated in Q3 2026. Rating and Valuation Department data suggests that the overall residential price index softened by 0.8% in the two months from July to August, yet still achieved 7.0% growth for the first eight months of 2026. Meanwhile, our Cushman & Wakefield mid-and-small size units price index shows that home prices mildly dropped 0.1% q-o-q, yet still registering a cumulative increase of 7.7% year to date. Our tracking of popular housing estates shows that prices softened in Q3 across different market segments. Prices at City One Shatin, representing the mass market, declined by 5.7% q-o-q, while prices at Taikoo Shing, representing the mid-market, dropped by 0.6% q-o-q. Residence Bel-Air, representing the luxury segment, retreated by 3.8% q-o-q. Following the sustained release of purchasing power over the past year, coupled with tighter cross-border capital controls from the Chinese mainland, and the U.S. Fed rate hike of 0.25% in September, our September Verbal Enquiry Index declined by 35% compared with the peak seen in May.”

Rosanna Tang, Deputy Managing Director, Head of Research, Hong Kong, Cushman & Wakefield, added, “The city’s residential market consolidated in Q3, with monthly transactions retreating to around 4,000 cases. The slowdown reflects a more cautious stance among homebuyers amid shifting interest rate expectations and heightened external uncertainties. Looking ahead, the frequency and pace of rate hikes, together with whether local banks will follow suit, will be the key factors affecting homebuyers’ purchasing decisions and affordability. Given the slower pace of transactions in Q3, we have revised our full-year residential transaction forecast to around 67,000 to 68,000 cases.

“As for pricing, should the U.S. Fed rate further increase in Q4, the residential market is expected to remain in a consolidation phase, with 2026 annual home prices likely to fluctuate in a narrow range near +7%. The rental market, however, will be more resilient underpinned by rental demand brought by the inflow of talent, non-local students, and new entrants to the city. With rental growth of 4.9% recorded in the first eight months of the year, we project a 5% to 7% y-o-y increase for the full year of 2026.”

Hashtag: #CWK

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

Future Foods Opens New Revenue Opportunities for Restaurant Operators

Born out of the Kitchens business, Future Foods was created to help restaurant operators generate additional revenue through virtual delivery brands. Today, it is the largest virtual brand company in the restaurant space, with more than 1,500 live locations.

The Future Foods model allows restaurants to launch established delivery brands from their existing kitchens without investing in another location or major infrastructure. With their existing kitchens, operators can optimise food costs, reach more customers and increase delivery sales.

Future Foods also provides support with storefront setup, delivery platform integration, marketing and operations, allowing restaurant teams to focus on preparing great food while strengthening their delivery business.

Restaurant partners can choose from a portfolio of nationally recognised brands across a range of cuisines, including Pasta Glory, Brooklyn Calzones, Sunny & Fine’s, Poke Picnic and Brekkie Bagels, fulfilling customer demand in the market.

Picnic Brings a Simpler Workplace Dining Experience

Alongside Future Foods, NAMAA has introduced Picnic, a workplace dining platform built around the idea of “food at work, simplified.” By combining CloudKitchens with local brick-and-mortar restaurants, Picnic gives employees a wide variety of lunch options through a digital food court experience.

Orders are delivered to a designated Picnic shelf on each office floor within a 20 to 30-minute delivery window, making lunchtime easier while reducing the need to manage individual food deliveries.

Picnic also offers a more cost-effective approach to workplace dining. With no delivery fees, tips, administrative charges, nor minimum order requirements, both employers and employees benefit from greater convenience at no extra cost.

The platform offers flexible corporate solutions, including subsidised lunch programmes, non-subsidised daily deliveries, group ordering and fee-free catering for larger corporate events, allowing businesses to tailor to their employees’ needs.

Together, Future Foods and Picnic reflect NAMAA’s commitment to supporting restaurant growth while making workplace dining easier. As food delivery continues to evolve across the Middle East, both platforms give restaurants, businesses and consumers more flexibility and choice.

Hashtag: #NAMAA

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

About NAMAA

NAMAA is a leader in driving the growth of digital food solutions, quick commerce, and the underlying real estate foundations. The founding members have been laying the groundwork since 2019, guided by a philosophy centred on developing infrastructures that give consumers fast and dependable access to meals, groceries, and essentials. Part of the wider ATOMS Group, the company has since grown into a multi-sector network with operations spanning the Middle East.