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HONG KONG SAR – Media OutReach Newswire – 21 September 2026 – Phancy Group Co., Ltd. (“Phancy” or “the Group”, stock code: 6682.HK), a leading full-stack enterprise-AI cloud services platform, ranked first overall in the latest 2026 China AI Computing Resource Management Platform Technology Capability Assessment, published by International Data Corporation (“IDC”), a global technology intelligence firm.

The assessment evaluated multiple leading AI computing resource management platform providers in China and noted Phancy’s industry-leading technological maturity across heterogeneous accelerator compatibility and adaptation, large-scale cluster operations, and delivery in hybrid cloud environments. Drawing on its accumulated capabilities in heterogeneous computing resource management, fine-grained GPU virtualization and agent-oriented computing services, Phancy received full scores and outperformed the industry benchmark in four out of six evaluated dimensions[1].

According to the IDC report, as AI moves into large-scale deployment, the growing adoption of AI agents is reshaping cloud infrastructure. In the meantime, AI infrastructure is evolving beyond basic computing capacity to become a core part of the enterprise technology stack, supporting digital and intelligent transformation.

Dr. Dai Wenyuan, Founder and Chief Executive Officer of Phancy, said: “The AI industry is moving beyond the ‘model race’ and entering a new phase of large-scale deployment. For enterprises, the real challenge is no longer whether they can access large language models, but about how to translate agentic AI capabilities into sustained productivity while keeping costs under control and operations stable. IDC’s assessment reflects the growing importance of unified management, flexible scheduling and fine-grained operations for heterogeneous computing resources. Phancy will continue to advance its capabilities in heterogeneous computing resource scheduling and agent infrastructure, helping more enterprises unlock the value of AI with greater efficiency, cost-effectiveness and reliability.”

Five Core Capabilities Behind Phancy’s Vendor-Neutral Unified Management Platform

At the core of Phancy’s offering is vendor-neutral unified management software that supports large-scale training and high-concurrency inference for mainstream models across chips from over ten leading vendors[2]. Its core technological capabilities include:

  • Code-compatible multi-chip virtualization: Phancy supports the partitioning of a single AI accelerator across multiple workloads, enabling mainstream frameworks and inference engines, including PyTorch, TensorFlow, vLLM and SGLang, to run without changes to application code. Resource quotas help maintain stability when multiple workloads run concurrently.
  • Three-tier resource pools and intelligent workload scheduling: Phancy’s platform provides three types of resource pools: dedicated, shared and overcommitted pool. Resources can be intelligently scheduled based on four dimensions (workload priority, hardware topology, real-time load and resource requirements), enabling large-scale training and high-concurrency inference workloads to run on the same infrastructure.
  • AI gateway and dual-track metering: The AI gateway provides unified management of model routing, API calls and audit activities. Usage is measured through both accelerator hours and token consumption, helping enterprises track costs and resource utilization from the perspectives of both resource consumption and model usage.
  • Agent-oriented computing services: Phancy’s platform turns heterogeneous computing resources into standardized services that AI agents can call on demand. These services support partitioning, reuse and elastic scaling. Combined with intelligent routing through the AI gateway, this accommodates the frequent calls and fluctuating workloads associated with AI agents, while token quotas and circuit-breaking mechanisms also help enterprises manage usage risks and costs when predefined limits are exceeded.
  • Operations and maintenance for heterogeneous computing resources: Phancy’s platform provides end-to-end observability spanning nodes, accelerators, workloads and model services. It supports fault isolation, workload rescheduling and private deployment in environments without public internet access, helping enterprises improve operational efficiency across complex heterogeneous computing environments.

The report highlighted a use case in which a Chinese policy bank significant improved resource utilization by using Phancy’s three-tier resource pool architecture to manage computing resources across three data centers in two locations, while also enabling a smooth business migration.

Looking ahead, Phancy will continue to advance its AI computing resource management platform as AI infrastructure shifts from traditional “cloud + AI” architectures toward greater cloud-native, agent-oriented integration. The Group will continue to help enterprises manage computing resources more efficiently, deploy AI across a wider range of production environments, and turn AI into sustainable business productivity at scale.


[1] The assessment evaluated platforms across six dimensions: computing resource management, computing service management, compute operations, Technical architecture, business scenario support, and delivery services. According to the IDC report, the findings are intended to help enterprises evaluate and select the platforms best suited to their needs.

[2] Phancy’s platform now supports accelerators from more than ten vendors, including Ascend, Hygon DCU, Cambricon, Iluvatar CoreX, MetaX, Moore Threads, Kunlunxin, Enflame, T-Head and Biren Technology.

Hashtag: #Phancy

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. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide 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 our 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 Artificial General Intelligence.

CANNES, FRANCE – Media OutReach Newswire – 21 September 2026 – MIRAVA, the smart boat technology company behind the M800 platform, has concluded its debut at the Cannes Yachting Festival 2026, marking an important step in its European market expansion.

Presented at Port Canto, the M800E attracted strong interest from boat owners, industry professionals, dealers and international media. During the show, MIRAVA received dozens of serious expressions of interest and prospective orders, providing early market feedback on its new approach to smart boating.

The M800 combines intelligent technology with a modular design focused on freedom and versatility on the water. Its intelligent system integrates functions including assisted navigation, automatic docking, position holding and safety features, while a wearable smart band allows users to interact with the boat and enables the vessel to follow them during activities such as swimming, paddleboarding or exploring with the detachable electric tender.

The platform is designed around different ways of enjoying time on the water. Its flip-up stern mechanism transforms the rear area for easier access and greater flexibility, while the bow can be equipped with a removable hammock and shelter, creating a dedicated space for relaxing, socialising or enjoying the surroundings.

The Cannes debut is only the beginning of MIRAVA’s European journey. The company will next present its products and technology at boot Düsseldorf in January 2027, followed by a European sea-trial tour beginning in May 2027 across Netherlands, Germany, Switzerland, Northern Italy, Austria, and Hungary.

The sea-trial program will give prospective customers, dealers and industry partners the opportunity to experience the M800 platform and its intelligent boating system directly on the water.

MIRAVA Smart Boat – The Next Generation Smart Boat.

Hashtag: #MIRAVA

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

Cybersecurity researchers have documented two attacks involving Settra ransomware, exposing a repeatable post-compromise playbook that combines legitimate remote-management software, recovery sabotage and efforts to erase forensic evidence. Huntress said the incidents affected a consumer services and retail organisation in July and a manufacturing company in September. Settra was first observed publicly in June, but the two investigations provide fresh detail on how operators maintain access after compromise […]

North Korean cyber operators posing as recruiters have compromised at least 30,000 devices in more than 100 countries, using fraudulent job interviews to infect technology professionals and steal cryptocurrency, authorities from four countries have disclosed. The campaign, attributed to a group tracked as WaterPlum and widely known as Contagious Interview, targeted web designers, software engineers, freelancers and specialists in cryptocurrency, blockchain and Web3 technologies between about December […]

Security researchers participating in OpenAI’s bug bounty programme penetrated employee accounts and reached the company’s private GitHub monorepo after using Anthropic’s Claude models to develop an exploit chain. The July operation was carried out by three researchers at cybersecurity start-up Hacktron AI, who said they combined a vulnerability in software used by OpenAI’s community forum with a flaw in the company’s single sign-on configuration. OpenAI later fixed […]

NANNING, CHINA – Media OutReach Newswire – 20 September 2026 – On September 16, as an international science and technology exchange platform included in the list of cooperation initiatives for the series of leaders’ meetings on East Asia cooperation, the Fourth Forum on China-ASEAN Artificial Intelligence Cooperation was successfully held in Nanning, Guangxi. With the theme of “AI for Industries, Digitalization for Shared Future”, this forum was co-hosted by the China-ASEAN Technology Transfer Center, the China-ASEAN Innovation Cooperation Center for Artificial Intelligence, the Department of Science and Technology of Guangxi Zhuang Autonomous Region, and the Guangxi Institute of Industrial Technology. More than 700 government representatives, research scholars, tech entrepreneurs, and venture capital representatives from China and ASEAN countries gathered on site, focusing on three major directions, namely embodied intelligence, AI finance, and data circulation, discussing collaborative technological innovation, jointly pursuing industrial digital transformation, and comprehensively deepening pragmatic cooperation between China and ASEAN in the field of artificial intelligence.

Fourth Forum on China-ASEAN Artificial Intelligence Cooperation Successfully Held in Nanning, Drawing Over 700 Delegates
Fourth Forum on China-ASEAN Artificial Intelligence Cooperation Successfully Held in Nanning, Drawing Over 700 Delegates

Coinciding with the historic milestone of the Pinglu Canal being completed and navigable, a canal opens up a physical trade corridor between China and ASEAN, opening a new chapter of digital economy collaboration. “Goods Flow Across Rivers and Seas, Digital Intelligence Connects ASEAN” has become the most distinctive symbol of the era at this forum. The forum closely follows the differentiated development path of “R&D in Beijing, Shanghai, and Guangzhou + Integration in Guangxi + Application in ASEAN”, solving problems through technological breakthroughs, gathering momentum through industry-finance linkage, and promoting effectiveness through scenario implementation, to deepen and solidify China-ASEAN AI cooperation.

Technology empowers the opening, creating a new paradigm of human-machine collaboration

The forum kicked off with Guangxi’s classic ethnic song “Folk Songs like the Spring River”, where human dancers, dancing robots, accompaniment robots, and a digital crowd performing the folk song collaborated across disciplines to perform group collaborations. Relying on millisecond-level cluster scheduling technology, ethnic culture and embodied intelligence were deeply integrated to create an immersive technological audiovisual feast. This forum innovatively adopted a three-party collaborative hosting model of “human host + digital human avatar + intelligent robot”. Yang Yanqing, Professor of ShanghaiTech University, coordinated with her digital human avatar and AGIBOT Lingxi X2 to jointly host the forum, empowering the forum scene through technology, which became a major highlight of the event.

Dr. Padapxay SAYAKHOT, Director-General, Institute of Information and Communication Technology, Ministry of Technology and Communications, Lao PDR, Sun Ruijun, Director-General, China-ASEAN Technology Transfer Center, Secretary of the Party Leadership Group and Director-General, Department of Science and Technology of Guangxi Zhuang Autonomous Region, Secretary of the Party Committee, Guangxi Institute of Industrial Technology, delivered speeches in succession. Both sides stated that they will use this forum as a link to deepen the connection of scientific research and innovation, the implementation of industrial scenarios, and the coordination of policies and mechanisms, gather synergy for digital and intelligent development, and serve the building of a closer China-ASEAN community with a shared future.

Industry authorities gather, anchoring regional AI development directions

The speakers at the forum combined international breadth and professional depth, bringing together industry experts, academic and cutting-edge research forces, industrial technology, and cross-border implementation capabilities from ASEAN countries, forming a core high ground for intellectual exchange and gathering top intellectuals for China-ASEAN AI innovation and development.

Industry experts from ASEAN countries: Dr. Wasan Pattara-atikom, Vice President, National Science and Technology Development Agency, Thailand; Li Haizhou, Fellow of the Academy of Engineering, Singapore (SAEng), Dean of the School of Artificial Intelligence, the Chinese University of Hong Kong, Shenzhen; YAP Hwa Jen, Professor of Universiti Malaya, Managing Director of the UPUM Sdn. Bhd.;

Academic and cutting-edge research forces: Yang Chao, Professor of Peking University, Founder and Chief Scientist of Beijing 1011 Technology Co., Ltd.; Cui Peng, Professor of Tsinghua University and Chief Scientist of Stable AI (Xiong’an) Technology Co., Ltd.; Wang Shisong, Professor of Guangzhou University, Co-founder of Abelian (a quantum-resistant blockchain infrastructure);

Industry technology and cross-border implementation forces: Li Nan, Founder, Chairman, and CEO of Maimai Technology Group; Yao Yuan, Vice President of the Middle East Asia-Pacific Region Division, AGIBOT Innovation (Shanghai) Technology Co., Ltd.; Lyu Jun, Chief Scientist of Shanghai Noematrix Technology Co., Ltd.; Liu Liqi, General Manager of Data Strategy Department, X Square Robot Technology (Shenzhen) Co., Ltd.

The guests focused on three major directions, namely embodied intelligence, AI finance, and data circulation, exploring feasible paths for technological breakthroughs, ecosystem co-construction, and joint innovation. They covered the key stages of artificial intelligence from source research and development and technology transfer to industrial implementation and cross-border cooperation, achieving a two-way dialogue between cutting-edge academic theories and practical industry needs, and providing diverse perspectives and action ideas to bridge the regional digital divide and unlock the inclusive value of AI.

Five achievements released, strengthening the solid foundation for digital intelligence cooperation

At the forum, five scientific and technological innovation achievements were released together, constructing an AI innovation supply system oriented toward ASEAN from multiple dimensions including technology products, platform carriers, talent systems, and decision-making support.

1. The China-ASEAN Cross-Border Industrial Large Language Model: It covers multilingual capabilities and industry knowledge graph for ASEAN, integrates six major agents to collaboratively analyze business scenarios, and serves as a professional intelligent partner for Chinese enterprises to expand into the ASEAN market.

2. Achievements in AI Talent Development for ASEAN: Relying on the Guangxi Academy of Artificial Intelligence, a talent training model of “a dual-mentor system, dual-integrated teaching, dual training tracks, and an integrated master-doctoral program” has been created, achieving an international education pattern of enrolling at one university, earning credits from multiple universities, gaining practical experience in multiple countries, and strengthening talent support for cross-border AI cooperation.

3. “Guikerong” Sci-Tech Finance Digital-Intelligent Foundation Platform: Developed under the guidance of the Department of Science and Technology of Guangxi Zhuang Autonomous Region, it uses data-driven technology credit evaluation to open the value transformation chain of “technology, industry, and finance”, supporting the innovative development of technology-based enterprises.

4. Lao-Language Large Language Model (LLM) for the Energy and Power Sector: China’s first AI overseas project in the power industry, implemented on Electricite du Laos, exploring a new model of “Retaining Computing Power in Guangxi, Exporting Services Globally” for compliant token going global, providing a practical example for cross-border services in the energy sector.

5. “2026 China-ASEAN Artificial Intelligence Industry Development Study Report”: A panoramic overview of regional industrial policy environment, market scale, and application patterns, analyzing core industry development trends, and providing decision-making references for China-ASEAN AI industry cooperation.

Exhibition and negotiation are working together to build a pragmatic platform for exchange and cooperation

The forum adheres to the principles of “promoting research through exhibitions, cooperation through meetings, and implementation through business matchmaking”, simultaneously hosting the Special Session on AI: Bank-Enterprise Matchmaking and the Industry Supply-Demand Matchmaking and Technology Achievement Exhibition, achieving precise coordination between exhibition displays and business negotiations, and building a cross-border cooperation ecosystem deeply integrating industry, academia, research, and application.

The Technology Achievement Exhibition showcased high-tech products such as the General Embodied Intelligent Robot, Fingertip 3D Force Sensors, Integrated Land-Sea-Air Inspection Equipment, Smart Wall-Climbing Industrial Robot, and AI + Embodied Intelligence Teaching and Experiment Platform, covering key tracks like humanoid robots, industrial intelligent equipment, and education and training, demonstrating the innovative strength of domestic AI technology adaptation to ASEAN scenarios.

The venue also set up an immersive AI experience zone, where interactive projects such as coffee-making robots, agile robotic arms, AI customized cultural products, and unmanned retail attracted attendees to stop and experience the vivid effects of AI empowering people’s services up close, highlighting the development philosophy of technology for good and digital intelligence benefiting the people.

Focusing on collaborative win-win cooperation to jointly build a new pattern of regional development

As an international platform for scientific and technological exchange aimed at ASEAN, the Forum on China-ASEAN Artificial Intelligence Cooperation has been held consecutively for four sessions, bringing together more than 4,300 guests from China, foreign government, industry, academia, and research, facilitating the connection of over a hundred industrial projects, and becoming an important platform for the exchange of ideas, interconnection of technologies, and mutual industrial support between China and ASEAN in the field of artificial intelligence.

Looking to the future, China and ASEAN will continue to deepen cross-border joint innovation, promote the orderly flow of AI innovation elements, cultivate a vibrant and inclusive regional digital innovation ecosystem, facilitate digital intelligence benefiting regional industrial upgrading and livelihood development, and jointly build a new mutually beneficial and win-win pattern of China-ASEAN digital economy.

This forum was supported by the Ministry of Technology and Communications of Laos and the ASEAN Secretariat, and co-hosted by Guangzhou University, Guangxi Beibu Gulf Bank, Guangxi Academy of Artificial Intelligence, and Computer Academy of Guangxi.

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

BANGKOK, THAIALND – Media OutReach Newswire – 20 September 2026 – ANGEL has been honored with the Sustainable Tech – Food & Beverage award at the Asian Technology Excellence Awards 2026. The award recognizes ANGEL’s nationwide commercial water purification deployment for KFC Indonesia, which delivers localized, sustainable water treatment solutions across the archipelago’s complex and diverse water conditions.

1

The Asian Technology Excellence Awards recognise groundbreaking technological projects and innovations across Asia. Presented by Asian Business Review, the programme selects one winner per technology category and industry in each market, with entries judged on uniqueness and innovation, effectiveness and impact, and dynamism.

For ANGEL, the KFC Indonesia project demonstrates a capability that matters across the food and beverage sector. The company begins with on-site water quality testing and assessment, then designs the configuration around actual inlet conditions. That approach is backed by a commercial portfolio that includes microfiltration and UV sterilization, and by local delivery and service teams. It is this combination—not a standard product alone—that allows ANGEL to serve restaurant chains operating across diverse markets.

Sustainability is built into that model in practical ways. ANGEL integrates with existing pre-filtration systems, reducing the need for equipment replacement, water supply modifications and installation waste. Treatment is selected according to actual water quality, so sites receive the configuration they need. The modular design also limits maintenance complexity and supports long-term operating efficiency. For KFC Indonesia, this meant upgrading water quality without interrupting daily operations, while keeping existing infrastructure in service.

The deployment itself follows the same logic. Restaurants with more complex water conditions receive the C11 Microfiltration System together with UV sterilization, while sites with relatively stable inlet water can use UV sterilization alone. This scenario-based approach helps KFC Indonesia maintain consistent water quality across different cities and islands, and reflects how ANGEL works with food and beverage customers more broadly.

Accepting the award, ANGEL’s Assistant Vice President Annie Guo said, “This award recognizes the work of our teams and local partners in turning technology into practical value for customers. It reinforces our approach to international growth: understand local needs, deliver the right solution, and support it properly over time. For ANGEL, the responsibility continues after installation.”

The KFC project reflects ANGEL’s broader commercial strategy. For its global food and beverage business, the project shows that water purification can move beyond a functional utility to become a strategic asset for operators. ANGEL has built a commercial portfolio spanning microfiltration, ultrafiltration, and reverse osmosis, enabling tailored solutions for local conditions and customer needs. In markets where complex water conditions could otherwise constrain expansion, these capabilities support safer operations, greater resource efficiency, and more sustainable growth.

Hashtag: #ANGELGroup

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

About ANGEL

Founded in 1987, ANGEL has become a global leader in water purification. For nearly four decades, the company has dedicated itself to improving drinking water quality through innovation, delivering safe, healthy, and stylish water solutions. ANGEL has earned 11 internationally recognized certifications, including NSF, UL, TUV, SGS, CSA, and HALAL, ensuring compliance with high standards of quality, safety, and environmental responsibility.

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Hong Kong has laid out a five-year programme to strengthen its established economic pillars while building new growth engines, with a gold-led commodity trading ecosystem among the centrepieces of its strategy through 2030.

Chief Executive John Lee’s 2026 Policy Address and the city’s first Five-Year Plan for Economic and Social Development set out measures covering finance, trade, shipping, aviation, innovation and technology, alongside efforts to attract capital, companies and skilled workers. The government said the programme is designed to reinforce Hong Kong’s international competitiveness and support longer-term economic development.

Gold will serve as the entry point for a broader commodity trading ecosystem. Hong Kong plans to formally launch its central clearing and settlement system for gold in the first quarter of 2027, following trial operations that began in July. The system is intended to support trading that meets international standards and strengthen links among clearing, settlement, storage and physical delivery.

Hong Kong Exchanges and Clearing will announce details this year of new renminbi-denominated, physically settled gold futures contracts. The government also plans to explore tax concessions for qualifying activities across the gold and commodity trading chain, with proposals expected to be put to the Legislative Council for consultation next year.

The Hong Kong Monetary Authority is studying whether the Exchange Fund should moderately increase its gold holdings and participate in local spot and futures markets. Existing physical gold inventories could gradually be transferred to designated vaults appointed by the Hong Kong Precious Metals Central Clearing Company.

Authorities also plan to expand storage and related infrastructure. Since the London Metal Exchange added Hong Kong to its global warehousing network in 2025, approved storage space has exceeded 60,000 square metres and inventories have risen above 20,000 tonnes of metal. More LME-approved warehouses are planned for the Northern Metropolis.

A half-rate tax concession for physical commodity trading is also being pursued to encourage traders to establish or enlarge operations in the city. A joint working group led by the Secretary for Financial Services and the Treasury will examine market opportunities and possible collaboration between exchanges.

The wider financial strategy seeks to strengthen Hong Kong’s role as an offshore renminbi business hub and an international centre for asset management and risk management. The government plans to deepen green and digital finance, widen financing channels for technology companies and strengthen trade finance, supply-chain finance, clearing, settlement and risk-management services.

A proposed Innovation and Technology Industry-Oriented Fund will receive HK$10 billion in government funding and is expected to reach at least HK$40 billion when market capital is included. Priority areas include life and health technology, artificial intelligence and robotics, semiconductors and smart devices, digitalisation, and sustainable development.

The five-year plan also calls for greater emphasis on high-value maritime services rather than relying mainly on traditional port logistics. Measures include reforms to ship registration, support for ship financing and marine insurance, and further development of maritime arbitration and other professional services.

Hong Kong also intends to build a broader aviation industry ecosystem. Plans include developing aircraft-parts processing and trading, participating in research and certification connected with domestically developed aircraft, and expanding sustainable aviation fuel supply chains across the Greater Bay Area. Authorities aim for sustainable aviation fuel to account for 1% to 3% of fuel used by departing flights at Hong Kong International Airport in 2030.

Trade policy will focus on digitalisation, diversification and higher-value supply-chain services. The government wants more companies to use Hong Kong for international orders, foreign-exchange transactions, treasury operations, trade finance and supply-chain management, while attracting regional and international headquarters.

The plan places innovation alongside the traditional pillars, with support directed towards artificial intelligence, robotics, life sciences, microelectronics and advanced manufacturing. It also identifies aerospace technology, marine technology, quantum technology and embodied intelligence as fields for longer-term development.

Spain’s data protection authority has disclosed its first notified personal-data breach in which an artificial intelligence agent allegedly carried out several stages of an intrusion, including vulnerability discovery, data modification and access to billing records. The Agencia Española de Protección de Datos said the incident involved an agent using a known large language model and marked a significant shift in the operational use of AI in cyberattacks. […]

Sharjah Research, Technology and Innovation Park has completed the first cohort of its BASE39 Creative Accelerator, showcasing furniture and collectible design projects developed through months of mentoring, prototyping and industry engagement. The programme ended with a gallery showcase held from September 14 to 18 at the park, where participating designers presented products shaped through research, material exploration, fabrication and commercial development. An awards ceremony recognised three projects […]

Baniyas Jiu-Jitsu Club moved to the front on the opening day of Round 7 of the Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship at Mubadala Arena in Abu Dhabi on Friday, with Al Jazira Jiu-Jitsu Club second and M. O. D UAE third. The first day of the three-day Gi round featured Under-18, Adults and Masters competitors, with results across the divisions contributing to club standings as […]

HONG KONG SAR – Media OutReach Newswire – 19 September 2026 – Hong Kong’s Chief Executive John Lee rolled out various measures to develop Hong Kong’s key economic centres when he unveiled the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address on September 16.

Under Hong Kong’s First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.

Hong Kong’s status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city’s high-quality development and provide a firm foundation for the city’s long-term stability and prosperity.

“We will consolidate and enhance Hong Kong’s status as an international financial centre, and stay committed to our global positioning,” Mr Lee said. “Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading.”

Hong Kong has become the world’s largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.

Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city’s central clearing and settlement system for gold will be officially launched in the first quarter of 2027.

“The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong’s financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity,” said Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. “Each of our initiatives centres around one objective, which is to elevate Hong Kong from a ‘corridor of capital’ to a ‘destination of choice’.”

Hong Kong was ranked the world’s fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong’s status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.

Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.

The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.

“In alignment with the National 15th Five-Year Plan’s call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network,” said Algernon Yau, Hong Kong’s Secretary for Commerce and Economic Development.

“We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion.”

As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a “volume to value” transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a “Global Maritime Capital”.

To promote high value-added services, the industry will develop “Finance + Shipping”.

Taking advantage of the city’s well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.

Regarding aviation, Hong Kong’s passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city’s air cargo throughput reached 5.07 million tonnes, making its airport the world’s busiest cargo airport for the 15th year since 2010.

To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.

The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.

As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong’s international competitiveness in AI development.

In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.


Hashtag: #HongKong#PolicyAddress#First5YearPlan#FourCentres





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

CrowdSec has said a supply-chain attack involving compromised TanStack npm packages led to the unauthorised copying of about 170 private GitHub repositories after credentials linked to a departing employee were exposed. The cybersecurity company said its investigation, completed with assistance from GitHub, traced the breach to an OAuth token obtained after the employee’s account was compromised in the May TanStack attack. The repositories were downloaded on May […]

Waymo will launch a fully autonomous ride-hailing service in Singapore in 2028, making the city-state its first Southeast Asian market as the Alphabet-owned company accelerates its international expansion.

The company said an initial fleet of all-electric Jaguar I-PACE vehicles will arrive in Singapore over the coming months, with preparations beginning before a phased testing programme in 2027. Trained autonomous specialists will initially drive the vehicles manually while Waymo maps roads and adapts its self-driving system to local conditions.

The programme will expose the Waymo Driver to Singapore’s road geometry, dense traffic environment and monsoon weather patterns before the company seeks to move towards autonomous operation. Commercial rides are scheduled to be offered through the Waymo app in 2028, subject to regulatory approvals.

Initial operations are expected to focus on western Singapore, including the Labrador and HarbourFront area, before any broader passenger rollout is considered locally.

Singapore’s Land Transport Authority said Waymo would become the country’s newest autonomous vehicle operator, joining ComfortDelGro and Grab. The authority said it would work closely with the company to ensure deployments meet safety and regulatory requirements and help build public confidence in autonomous vehicles.

Waymo is entering a market where autonomous transport is already moving from trials towards limited passenger services. Public rides on autonomous shuttle services began in Punggol in April, while operators including Grab, WeRide, ComfortDelGro and Pony. ai are expanding deployments and testing additional routes.

Waymo’s arrival therefore adds a major US developer to a field that already includes regional and China-based autonomous driving companies. Singapore has sought to attract multiple operators as it develops a competitive autonomous mobility sector and evaluates how driverless vehicles could supplement existing public transport.

Transport Minister Jeffrey Siow said Waymo would bring technology and operational expertise while supporting Singapore’s goal of creating additional transport options. Authorities have also stressed that autonomous vehicle deployment will not be allowed to move faster than measures to retrain and support drivers whose jobs could be affected.

The government announced a manpower transition package in July aimed at helping drivers acquire new skills and, where appropriate, move into jobs created by the autonomous vehicle sector. The issue has become more prominent as testing expands from controlled trials towards services carrying members of the public.

Singapore’s regulatory framework requires autonomous vehicles to clear technical and operational assessments before carrying passengers and progressing towards driverless operation. The Land Transport Authority assesses performance on authorised routes, including whether vehicles can cover sufficient distance without intervention and handle a range of traffic situations within their approved operating areas.

The Ministry of Transport also opened a public consultation this year on a broader legislative framework covering autonomous vehicles, including responsibility, licensing, insurance, liability and enforcement. Existing rules already require authorisation for autonomous vehicle trials and use on public roads.

Waymo said its Singapore expansion would follow the phased approach it has used elsewhere. The company has completed more than 20 million fully autonomous passenger rides and more than 300 million autonomous kilometres, according to company figures, giving it one of the largest operating datasets among commercial robotaxi developers.

Its overseas push is gathering pace. Waymo is preparing for commercial autonomous services in Tokyo and has also announced plans involving London and Munich, as it seeks to extend technology developed largely on US roads to markets with different driving environments, regulations and weather conditions.

Singapore offers a compact but demanding testing ground. Heavy rainfall, complex urban traffic, motorcycles, cyclists and dense interactions around public transport infrastructure create operating conditions that differ from many of Waymo’s established US service areas.

The company says its vehicles use lidar, radar and cameras to maintain a 360-degree view of their surroundings. The Singapore fleet will initially use Jaguar I-PACE sport utility vehicles, although Waymo has not disclosed how many vehicles will be deployed at launch or the eventual size of its commercial fleet.

Hackers who physically removed a Flock Safety roadside camera were able to copy much of its internal storage, uncover an encryption key and access tens of thousands of video clips and data linked to about 1.6 million images generated over 21 days. The compromise involved a single camera taken from above a roadway and did not amount to a remote breach of Flock Safety’s cloud network. The […]

TypeSafe AI has released Jev, a transformer-based artificial intelligence model designed to make structured decisions for software rather than generate conversational text, drawing strong early interest from developers seeking faster and cheaper automation tools. The San Francisco start-up, founded by former OpenAI researcher Diogo Almeida, introduced Jev as its first “System One” model after two years in stealth. Almeida helped develop research behind ChatGPT and reinforcement learning […]

China-aligned threat actors are using Chinese-language casino and adult websites to conceal PeckBirdy command-and-control infrastructure, with Infoblox telemetry showing the framework touching networks across a broad range of enterprise customers. Infoblox Threat Intelligence said just over 3% of its enterprise customers resolved at least one domain associated with PeckBirdy, indicating that traffic linked to the campaign is appearing well beyond the narrow set of organisations previously connected […]

Westinghouse Electric is seeking a valuation above $50 billion for a planned US initial public offering, people familiar with the preparations said, as the nuclear technology group moves towards a potential public filing as early as October. The proposed valuation has not been announced by Westinghouse or its owners and could change as preparations advance. The number of shares to be sold, the price range and the […]

Software stocks are staging a sharp recovery as stronger-than-expected earnings and fresh calls for restraint in advanced artificial intelligence development ease fears that AI will quickly undermine the sector’s business models. The iShares Expanded Tech-Software Sector ETF has climbed about 17 per cent since the end of the first half, reversing part of a 14 per cent decline during the opening six months of 2026, when investors […]

Saudi Arabia has sold about 60 million barrels of crude for loading in September and October from Ras Tanura, with cargoes crossing the Strait of Hormuz before being transferred ship-to-ship off Oman’s Sohar port, according to multiple trade sources. The sales are lifting Saudi Aramco’s crude exports from Gulf terminals back to an average of about 1 million to 1.5 million barrels a day, around or slightly […]

Arabian Post Staff -Dubai flydubai has partnered with Egnatia Aviation and Skyborne Airline Academy to expand flight instruction for the first cadet batches of its Ab Initio Pilot Training Programme, strengthening a pipeline designed to feed qualified first officers into the Dubai carrier’s growing operation. The two academies will provide practical flight training for selected candidates working towards a Multi-Crew Pilot Licence, or MPL. Cadets completing the […]

Lemon is expanding its regulated financial infrastructure across Latin America as the crypto-fintech platform adds payment, investment and digital-asset services to a user base now measured in the millions. Peru’s banking and insurance regulator authorised the organisation of Lima del Sol EEDE, a new electronic-money issuer linked to Lemon Group, in July, giving the company a route towards operating more of its local payments infrastructure through a […]

Cybersecurity researchers have identified a new Android malware strain that uses generative artificial intelligence to help attackers navigate infected devices and steal banking credentials, payment information and authentication codes. Zimperium’s zLabs team disclosed the malware, named RatHat, on September 16, saying its technical indicators point to threat actors who appear to be operating from China. The researchers stopped short of definitively attributing the campaign, basing the assessment […]

Software teams building cloud-native, edge and AI-driven systems are increasingly evaluating NATS as an alternative to RabbitMQ, drawn by lower-latency messaging, simpler deployment and a communication model designed around distributed services rather than conventional broker-centric queues. The shift has gained fresh attention with NATS Server 2.15, released on September 17, which concentrates on reliability and operations. Its maintainers reworked stream and consumer scaling, movement and peer changes, […]

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