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Hang Lung’s Vision for Academic Excellence Drives Hong Kong’s Global Competitiveness

HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 17 December 2025 – The winners of the 2025 Hang Lung Mathematics Awards (“HLMA”), co-organized by Hang Lung Properties Limited (SEHK Stock Code: 00101) (“Hang Lung” or the “Company”) and the Hong Kong University of Science and Technology (“HKUST”), have been announced. Siu Man Li from the Hong Kong Chinese Women’s Club College received the Gold Award for his research report titled “Markov Chains Associated with Ultraspherical Polynomials: An Analysis of Weak Convergence and First Passage Time Functionals”.

The Silver Award and the Bronze Award were won by Augus Kui Lam Huang, Inna Belle Lee, Chun Lam Lo, Lok Hei Qiao, and Cheuk Lok Wong from St. Paul’s Co-educational College, and Edison Sze Ho Fu, Yun Tung Ko, Hoi Chun Puk, and Wai Kwan Yeung from Queen’s College, respectively. All winning teams demonstrated exceptional problem-solving abilities, creativity, and academic rigor evident in their work on challenging mathematical topics.

The awards were presented at tonight’s ceremony, celebrating the remarkable achievements of the student finalists and reaffirming HLMA’s sustained contribution to advancing STEM education in Hong Kong. In her opening remarks, Dr. Choi Yuk-lin, JP, Secretary for Education of the Hong Kong Special Administrative Region, said, “The Hang Lung Mathematics Awards not only honours mathematical endeavours, but also reflects its enduring commitment to inspiring a continued passion for mathematics among our students and nurturing Hong Kong’s young talents. This aligns well with the promotion of self-directed learning, problem solving and creativity in Hong Kong’s school education. I hope all of us in the society can join hands in the promotion of digital education and mathematical modelling for the benefit of our students.”

Mr. Adriel Chan, Chair of Hang Lung Properties, also addressed the audience, stating, “As we celebrate the winners of the Hang Lung Mathematics Awards, we are reminded that talent development is a long-term investment. HLMA embodies our commitment to nurturing the next generation of thinkers and leaders who will navigate an increasingly complex world. We are heartened by the strong support from students, schools, and the academic community, which reinforces our shared mission to advance mathematics education and push the boundaries of excellence. Together, we are empowering young minds to pursue their passion and unlock their potential in mathematics, science, and technology.”

Professor Nancy Ip, President of HKUST, said, “HKUST is pleased to continue our partnership with Hang Lung in this biennial competition. Hang Lung Mathematics Awards is more than an academic contest; it is a platform that challenges students to push the boundaries of their knowledge and apply rigorous methodology to original research. By cultivating a community of aspiring mathematicians and providing them with access to world-class training, we are advancing our shared vision of transforming Hong Kong into a global hub for innovation and technology.”

During the ceremony, a lively Panel Discussion was held on the theme of “Ubiquity of Mathematics: the Language of Discovery.” The discussion featured Professor Richard Schoen, 2017 Wolf Prize Laureate in Mathematics and Chair of the 2025 HLMA Scientific Committee, and Professor Ngaiming Mok, 2022 Future Science Prize Laureate, Chair of the HLMA Steering Committee and member of the Scientific Committee. Moderated by Ms. Jennifer Zhu Scott, Co-founder and Chief Executive Officer of Power Dynamics, the distinguished speakers shared their insights on the evolving landscape of mathematics education and the essential skills required for the next generation to thrive in a technology-driven era.

The 2025 Hang Lung Mathematics Awards attracted the participation of close to 100 teams from over 50 secondary schools in Hong Kong. Under the guidance of a supervising teacher, each team decided on a mathematics topic, designed and conducted research, and compiled their findings into a research report. This impactful initiative is pivotal in the cultivation of future mathematical and scientific minds.

Appendix

Founded in 2004, the Hang Lung Mathematics Awards is a biennial competition that inspires secondary school students to formulate their own research journey and realize their creative potential in mathematics. Throughout its illustrious history, 2,800 students from over 200 schools have participated, submitting more than 500 research reports. Hang Lung donates HK$2.5 million for each competition—HK$1 million is allocated as prize money with the remainder supporting HKUST in providing vital initiatives including academic consultation, assessment, administration, and educational outreach activities. HKUST also offers scholarships for teachers nominated by the winning schools to further their studies through the Master of Science Program in Mathematics for Educators.

Over the past two decades, the HLMA has made a profound impact on cultivating young mathematical talent, with many past winners having gone on to graduate from top universities worldwide and now contributing significantly to society through work in academia and professional fields. HLMA plays an important role in recognizing and fostering a lasting love of mathematical inquiry that extends far beyond secondary school.

This year, the Hang Lung Mathematics Awards drew participation from nearly 100 teams across over 50 secondary schools in Hong Kong. A total of 15 teams were shortlisted for the Oral Defense stage, where a Scientific Committee comprising internationally renowned scholars and educators evaluated the research reports through a rigorous, multi-step review process. The teams were invited to present and defend their findings before the Scientific Committee in a formal setting, an experience that closely resembles the oral defense process required for a postgraduate degree.

For a detailed list of winners of the 2025 Hang Lung Mathematics Awards, please refer to the attachment.

Attachment

List of Winners of the 2025 Hang Lung Mathematics Awards

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit www.hanglung.com.

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST) (https://hkust.edu.hk/) is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Thirteen HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2025, with “Data Science and Artificial Intelligence” coming in 17th worldwide and first in Hong Kong. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of July 2025, HKUST members have founded over 1,900 active start-ups, including 10 Unicorns and 17 exits (IPO or M&A).

Apple is evaluating the assembly and packaging of iPhone chips in India as part of a broader effort to rebalance its global supply chain, with CG Semi emerging as a potential partner, according to people familiar with the matter and public disclosures by companies involved in India’s semiconductor push. The move would mark a deeper localisation step beyond final device assembly and signal confidence in India’s ability to host advanced backend semiconductor operations.

The discussions centre on outsourced semiconductor assembly and test, a critical stage that follows wafer fabrication and precedes integration into devices. Apple’s A-series and M-series chips are designed in California and fabricated by Taiwan Semiconductor Manufacturing Company. Packaging and testing have largely been concentrated in East Asia, with China playing a central role through specialised facilities. Shifting part of this work to India would reduce geographic concentration risk while aligning with policy incentives offered by New Delhi to attract high-value electronics manufacturing.

CG Semi, the semiconductor arm of CG Power and Industrial Solutions, has been positioning itself as a contender in this space through a joint venture with Japan’s Renesas Electronics and Thailand’s Stars Microelectronics. The consortium has outlined plans for an OSAT facility in Gujarat, supported by central and state incentives under the Semiconductor Mission. While timelines and customer commitments have not been formally disclosed, the venture has been presented by partners as targeting advanced packaging for automotive and consumer electronics chips, an overlap that fits Apple’s requirements.

People tracking the talks caution that Apple’s evaluation remains exploratory. The company typically subjects suppliers to multi-year qualification processes covering yield, reliability, intellectual-property safeguards and environmental standards. Any decision would depend on CG Semi’s ability to meet Apple’s exacting specifications at scale and to integrate with the existing manufacturing ecosystem that includes contract assemblers such as Foxconn and Tata Group entities already producing iPhones in India.

India’s pitch rests on a combination of incentives and momentum. Production-linked incentive schemes have helped lift smartphone assembly volumes, with Apple accounting for a growing share of exports. The government has since widened support to semiconductors, offering capital subsidies, infrastructure backing and fast-tracked approvals. Backend operations are viewed as a pragmatic entry point, requiring lower capital expenditure and shorter build times than wafer fabs, while still delivering skilled jobs and technology transfer.

Industry analysts say Apple’s interest reflects a global trend among chip designers to diversify OSAT footprints amid geopolitical tensions and supply disruptions. Packaging has become more complex as chips move to advanced nodes and heterogeneous integration, raising the strategic value of reliable partners. “Advanced packaging is no longer a commodity step; it’s a differentiator,” said one semiconductor consultant who advises multinational clients on Asia manufacturing strategies. “Design houses want redundancy without sacrificing quality.”

For CG Semi, an Apple engagement would be transformative. CG Power, part of the Murugappa Group, has roots in electrical equipment rather than semiconductors. Its partnership with Renesas brings process know-how and credibility, while Stars Microelectronics contributes OSAT experience from Thailand. Securing a marquee customer would accelerate learning curves and help anchor a local supplier network for substrates, testing equipment and specialised chemicals.

There are constraints. India’s semiconductor ecosystem remains nascent, with gaps in materials, talent depth and logistics that could challenge tight production schedules. Power reliability, water availability and customs efficiency are under scrutiny by global manufacturers. Apple has previously paused or redirected supplier plans when execution risks appeared elevated, underscoring the need for consistent policy implementation at the state level.

Apple has not commented publicly on specific supplier discussions. CG Power has also refrained from naming potential customers, reiterating in filings that its semiconductor venture is at a development stage. Officials involved in the Semiconductor Mission have said backend projects are progressing and that customer announcements will follow commissioning milestones.

By K Raveendran Oil prices slipping below $60 a barrel for the first time since February 2021 and a sharp easing in European gas prices mark more than a cyclical downturn in commodities. They signal a rapid repricing of geopolitical risk at a moment when diplomacy, rather than escalation, has begun to dominate market psychology. […]

The article Energy Markets Recalibrate As Geopolitics Reshapes Supply Calculus appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Dubai International Financial Centre has taken a further step in positioning Dubai as a key node in the global digital economy by strengthening its privacy governance framework and widening its engagement in cross-border trade initiatives, underscored by its admission as a Member of the Global Forum Assembly. The move signals growing international recognition of the DIFC’s data protection regime and its ambition to shape global standards at a time when data flows, digital services and regulatory trust have become central to economic competitiveness.

The DIFC confirmed its membership of the Global Forum Assembly, a multilateral platform that brings together governments, regulators, international organisations and private-sector stakeholders to advance cooperation on privacy, data protection and digital trust. Membership is extended to jurisdictions that demonstrate mature, enforceable frameworks aligned with international norms, placing the DIFC alongside established financial and digital centres that have made privacy governance a core component of their economic strategy.

Officials at the DIFC said the step reflects the centre’s long-term investment in building a regulatory environment that balances innovation with strong safeguards for personal data. The DIFC’s Data Protection Law, which operates independently from federal frameworks, is designed to mirror global best practices, including principles found in European and other advanced privacy regimes, while remaining tailored to the needs of financial services, technology firms and multinational businesses operating across borders.

The timing is notable as digital trade accelerates across financial services, fintech, artificial intelligence, cloud computing and professional services. Businesses increasingly assess jurisdictions not only on tax efficiency or infrastructure but also on the credibility of their data governance. For Dubai, positioning the DIFC as a trusted hub for data-driven commerce supports broader economic diversification goals and aligns with national ambitions to expand digital exports and attract high-value investment.

Participation in the Global Forum Assembly gives the DIFC a seat in discussions shaping the future of cross-border data flows, adequacy frameworks and interoperability between privacy regimes. These debates have intensified as countries seek to protect citizens’ data while avoiding regulatory fragmentation that can raise costs and deter innovation. By contributing to policy dialogue, the DIFC aims to influence standards that enable data to move securely between markets without undermining individual rights.

Regulatory specialists note that the DIFC’s framework has evolved steadily, with enforcement powers, clear obligations for data controllers and processors, and mechanisms for redress. This institutional depth has been a key factor in gaining international credibility. Businesses operating in the centre are required to comply with detailed rules on consent, lawful processing, breach notification and cross-border transfers, creating a predictable environment for global firms managing complex data operations.

The emphasis on inclusive cross-border trade also reflects a shift in how digital economy hubs define competitiveness. Rather than focusing solely on domestic regulation, leading centres are investing in compatibility with other regimes to ensure that companies can scale across regions. The DIFC has positioned its privacy framework as an enabler of such compatibility, supporting firms that serve clients in multiple jurisdictions while maintaining high standards of protection.

Technology policy analysts point out that privacy governance is increasingly intertwined with trust in emerging technologies such as artificial intelligence. Robust data protection regimes are seen as foundational to responsible AI development, particularly in financial services where algorithmic decision-making relies heavily on personal and transactional data. By reinforcing its privacy credentials, the DIFC strengthens its appeal to AI-driven firms seeking a stable regulatory base.

The move also has implications for regional competition. Financial centres across the Middle East and beyond are racing to attract digital businesses, often through regulatory innovation. The DIFC’s membership of the Global Forum Assembly distinguishes it within this landscape, signalling alignment with international norms rather than regulatory isolation. This approach may resonate with multinational firms that prioritise consistency across markets.

For policymakers, the development illustrates how sub-national jurisdictions can play an outsized role in global digital governance. Although operating within a broader national framework, the DIFC’s independent legal system and regulator allow it to engage directly with international bodies and contribute expertise drawn from its experience overseeing a diverse ecosystem of banks, asset managers, fintechs and technology companies.

Ringing in the New Year, the extended collection promotes moderation and conscious drinking throughout the festive season and beyond

HONG KONG SAR – Media OutReach Newswire – 16 December 2025 – Carlsberg Hong Kong is championing moderation and mindful drinking with the launch of its extended No & Low-Alcohol Range and Beyond Beer product collection to ring in the New Year. Available from January 2026, the perfectly timed launch coincides with the season of gathering and the upcoming Dry January. The collection offers a refreshing, flavourful alternative for those looking to drink more consciously without compromising on taste or experience.

At the heart of this collection is Carlsberg 0.0, the flagship product that sets the standard for mindful drinking. With No Alcohol, No Sugar, and Low Calories, Carlsberg 0.0 delivers all the taste without the compromise – perfect for those who want to celebrate responsibly while maintaining a balanced lifestyle. True to its tagline, “Alcohol Free; Not Flavor Free,” Carlsberg No & Low-Alcohol Range together with its Beyond Beer collection proves that great beer experiences don’t need alcohol to shine.

Carlsberg Hong Kong Toasts to Mindful Drinking Choices

Driven by increasing consumer demand for healthier and more inclusive drinking options, especially among younger generations, Carlsberg Hong Kong’s latest beverage series embraces the shift toward moderation. Whether it’s over a festive meal, after a workout, or out with friends, the No & Low-Alcohol Range and Beyond Beer products is designed to support all types of occasions.

The lineup features new additions to Carlsberg’s expanding No & Low-Alcohol product portfolio, including:

• Poretti Zero, recognised as the winner of Italy’s “Elected Product of the Year 2025” in the Non-Alcoholic Beer Category, known for its delicate and velvety body crafted from four varieties of hops.
• Erdinger Alkoholfrei, is a full-bodied alcohol-free beer (ABV <0.5%) filled with notes of spicy malt, caramel sweetness and a touch of fruity acidity.

These are accompanied by trusted favourites like Carlsberg 0.0 – crafted using a unique brewing process that gently removes alcohol through evaporation, preserving the full flavour and refreshing character of traditional beer – Young Master Zero, Young Master Another One, Tetley’s Original Bitter, and the newly rebranded Jolly Shandy Lemon.

This launch also marks the first Dry January since Carlsberg Hong Kong began its strategic partnership with Young Master Brewery, holding exclusive distribution rights for its full portfolio of beers and Ready-to-Drink (“RTD”) products in Hong Kong and Macau since September. With this collaboration, Carlsberg is bringing Young Master’s award-winning products to more consumers than ever before through its extensive distribution network.

Nathaniel Moxom, Managing Director of Carlsberg Hong Kong and Taiwan, said “We are proud to lead the way in promoting mindful drinking and expanding the choices available to our consumers. Through our No & Low-Alcohol Range and Beyond Beer portfolio, we aim to make moderation both accessible and enjoyable, perfectly in tune with today’s evolving lifestyle habits.”

Discover What’s Brewing Beyond Beer

Carlsberg Hong Kong is also introducing a new product category under Beyond Beer, all with purest flavours derived from quality ingredients. This includes a curated range of premium mixers and non-alcoholic beverages designed to elevate the drinking experience, whether enjoyed on their own or as part of creative mocktails. Highlights include:

• Sophisticated mixers from The London Essence Company ranging from Indian tonic water, soda water and a delicate ginger ale.
• HIGHERTHAN 0% Salted Lime Soda with Electrolytes from HIGHERTHAN by Young Master, a first-in-market beverage featuring classic Hong Kong salted lime flavour, with added electrolytes – reimagined for modern hydration and boost.

Exclusive Deals to Sip, Shop and Savour

Carlsberg Hong Kong is rolling out a series of consumer promotions both in retail and on-premises throughout January. Shoppers at major supermarkets like Wellcome, ParknShop, city’super, and HKTVmall can enjoy special pricing and gifts with purchase. Customers who purchase designated amount of Carlsberg 0.0 in selected stores or ECOM platforms will receive a complimentary branded shoe bag. A tasting booth at designated city’super will also offer samples of Carlsberg 0.0, Poretti 0.0 and Erdinger 0.0 for curious shoppers.

On foodpanda, the full No & Low-Alcohol Beer and Beyond Beer range will be featured from January lasting for 6 weeks, with alcohol-free selections featured prominently for easy discovery. Participating restaurant brands will offer special promotions and in-app pick-up discounts to make conscious drinking even more accessible.

Around 70 participating outlets will run a Loyalty Stamp Card Programme throughout January. Guests who collect four stamps – one for each purchase of a Carlsberg 0.0 bottle – can redeem an exclusive Carlsberg 0.0 shoe bag, available while supplies last.

Hashtag: #CarlsbergHongKong

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

About Carlsberg Hong Kong

Carlsberg has grown into one of the world’s leading brewery groups, boasting an extensive portfolio of beer and beverage brands across 150 markets and employing 37,000 staff globally. Carlsberg Brewery Hong Kong Limited offers a diverse range of beers, including Carlsberg, 1664, Somersby, and SKOL.

With a rich tradition spanning 178 years, Carlsberg is driven by a spirit of innovation, curiosity, and an unwavering commitment to progress. The company is dedicated to brewing for a better today and tomorrow, continuously striving to enhance its offerings and foster a sustainable future.

IHBMSU and The Digital School have formalised a memorandum of understanding aimed at accelerating digital education initiatives, widening access to cross-border learning programmes and building structured pathways that connect education to employment, according to statements issued by the two institutions.

The agreement outlines cooperation across curriculum design, online delivery platforms and faculty collaboration, with a stated focus on making accredited learning more accessible to learners who face economic or geographic barriers. Officials involved in the partnership said the MoU is intended to combine IHBMSU’s academic framework with The Digital School’s digital infrastructure to support scalable, internationally oriented education models.

Under the terms of the arrangement, the two entities will jointly develop online and blended courses aligned with industry demand, covering areas such as business management, technology, data literacy and applied digital skills. Programmes are expected to be structured to allow flexible pacing and modular certification, enabling learners to accumulate credentials that can be stacked towards full degrees or professional qualifications.

Representatives from both sides said a core pillar of the collaboration is the creation of “learning-to-earning” pathways, particularly for underserved communities. This includes aligning course content with employer needs, embedding practical projects into curricula and facilitating links with industry partners for internships, apprenticeships and job placements. The aim is to reduce the gap between academic training and labour-market outcomes, an issue that has drawn growing attention from policymakers and education providers worldwide.

The MoU also commits the partners to mobilising technical and financial resources to ensure the long-term sustainability of joint initiatives. This may involve co-investment in digital platforms, outreach programmes and learner support systems, as well as engagement with philanthropic organisations, development agencies and corporate sponsors interested in workforce development and social impact education.

IHBMSU officials said the partnership reflects a broader shift within higher education towards digitally enabled delivery and international collaboration. Universities across regions have been under pressure to modernise teaching methods, expand access beyond traditional campuses and respond more quickly to evolving skill requirements. By working with a digital-first education provider, IHBMSU aims to extend its reach to learners outside its conventional geographic footprint while maintaining academic standards.

The Digital School, for its part, said the collaboration strengthens its mission to provide affordable, technology-driven education at scale. The organisation has positioned itself as a platform that blends online instruction, adaptive learning tools and partnerships with accredited institutions. Executives involved in the MoU said working with IHBMSU would allow it to offer learners recognised qualifications alongside practical, employment-focused training.

Education analysts note that such partnerships have become more common as institutions seek to balance quality assurance with the need for speed and flexibility. Digital platforms can lower delivery costs and reach large audiences, but questions around accreditation, assessment integrity and learner outcomes remain central. Collaborations with established universities are often seen as a way to address these concerns while retaining the benefits of digital scale.

The agreement also places emphasis on global learning opportunities, including cross-border classrooms, virtual exchange programmes and collaborative projects involving students from multiple countries. Advocates argue that exposure to international peers and perspectives can enhance employability and cultural competence, particularly in sectors where remote and distributed work has become standard.

While financial terms of the MoU were not disclosed, both parties indicated that pilot programmes would be rolled out in phases, with feedback from learners and employers used to refine course offerings. Metrics such as completion rates, job placement outcomes and learner satisfaction are expected to play a role in evaluating the partnership’s impact.

The move comes against a backdrop of heightened demand for reskilling and upskilling, driven by technological change and shifting labour markets. Employers in fields ranging from information technology to digital marketing and business analytics have reported difficulties finding candidates with job-ready skills, even as large numbers of graduates struggle to secure suitable employment. Education providers have been under pressure to demonstrate that qualifications translate into tangible economic opportunities.