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Hong Kong’s wealth management industry placed renminbi internationalisation, enterprise expansion and ageing-linked investment demand at the centre of its growth agenda as Bank of China and Television Broadcasts Limited held the Wealth Management Expo 2026.

The event, staged on 27 June under the theme “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, brought together senior government officials, banking executives, fund specialists and business figures at a time when Hong Kong is sharpening its role as an international asset and wealth management centre. The programme focused on three closely linked priorities: helping companies expand overseas, strengthening Hong Kong’s position as a global offshore renminbi hub, and turning demographic change into investable opportunities across healthcare, insurance, lifestyle and retirement planning.

Michael Wong, Acting Financial Secretary of the HKSAR Government, Christopher Hui, Secretary for Financial Services and the Treasury, and Stephen Chan, Deputy Chief Executive of BOCHK, officiated at the event. Other participants included Ko Wing-man, Standing Committee member of the National Committee of the CPPCC; Siu Sai-wo, General Manager for Business Operations at TVB; Pauline Ngan, Deputy Chairman and Managing Director of Mainland Headwear Holdings; Sam Yu, Chairman of the Hong Kong Investment Funds Association; Jack Yang, RMB Business Executive Director of BOCHK; Terry Wong, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; Angus Chan of Chinachem Group; and Wilson Tang, Chief Executive of BOC Group Life Assurance.

The expo’s opening forum examined how wider use of the renminbi could support enterprises expanding beyond their home markets. Speakers discussed changing global investment conditions, cross-border settlement, capital-market access and Hong Kong’s role as a bridge between the mainland and international investors. The focus reflected a policy push to deepen offshore renminbi activity while helping companies manage foreign exchange, financing and liquidity risks during overseas expansion.

Stephen Chan said Hong Kong was positioned to benefit from the 15th Five-Year Plan’s support for the city as an international asset and wealth management centre. BOCHK would align with government policy by deepening regional business development and promoting wider use of the renminbi, while contributing to Hong Kong’s standing as an international financial centre.

The event also gave prominence to the silver economy, a fast-expanding theme in Asian wealth and business strategy as ageing populations reshape demand for health services, insurance, property, retirement products and lifestyle consumption. The summit forum explored how traditional industries could adjust supply chains and develop services for older consumers, with particular attention to healthcare, elderly care, insurance and technology-enabled services.

Hong Kong’s wealth industry has entered the year with strong structural tailwinds. The city’s asset and wealth management business stood at more than HK$35 trillion at the end of 2024, with more than half of assets sourced from outside the mainland and Hong Kong. The number of single-family offices exceeded 3,380 by the end of 2025, up by about 680 from the end of 2023. Hong Kong has also overtaken Switzerland as the world’s largest cross-boundary wealth management centre, with cross-border wealth booked in the city reaching about $2.9 trillion in 2025.

That momentum is being matched by more intense competition and tighter compliance expectations. Banks and wealth managers are expanding advisory services, digital platforms and family-office offerings, but cross-border flows are facing closer scrutiny as authorities seek to ensure funds move through proper channels. The challenge for the city is to preserve its appeal to private clients while remaining aligned with broader policy priorities, including corporate treasury management, offshore renminbi use and regulated investment connectivity.

The expo’s workshops covered global fund and equity-market conditions, retirement wealth planning, emerging-market investment and multi-asset income strategies. One session examined renminbi assets and China’s equity and bond markets in the context of deeper economic links with ASEAN, the Global South and Belt and Road partner countries. Another looked at income opportunities across Asia-Pacific and emerging markets as investors reassess portfolios amid volatile global equity and bond markets.

Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy

HONG KONG SAR – Media OutReach Newswire – 27 June 2026 – The “Wealth Management Expo 2026”, powered by Bank of China (Hong Kong) (“BOCHK”) and organised by TVB under the theme of “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, was successfully held today. The Expo featured top-tier financial experts and prominent figures for market pulse insights and visionary perspectives on the international landscape, the international use of RMB, enterprises going global, silver economy and wealth management.

Officiating guests - Mr. Michael WONG, GBS, JP, Acting Financial Secretary of the HKSAR Government (6th left); Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury of the HKSAR Government (4th right); and Mr. Stephen CHAN, Deputy Chief Executive of BOCHK (5th right); together with other attending guests, including Mr. SIU Sai Wo, General Manager (Business Operations) of TVB (5th left); and representatives from BOCHK.
Officiating guests – Mr. Michael WONG, GBS, JP, Acting Financial Secretary of the HKSAR Government (6th left); Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury of the HKSAR Government (4th right); and Mr. Stephen CHAN, Deputy Chief Executive of BOCHK (5th right); together with other attending guests, including Mr. SIU Sai Wo, General Manager (Business Operations) of TVB (5th left); and representatives from BOCHK.

The Expo was officiated by Mr. Michael WONG, GBS, JP, Acting Financial Secretary of the HKSAR Government; Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury of the HKSAR Government; and Mr. Stephen CHAN, Deputy Chief Executive of BOCHK. Mr. Christopher HUI also shared at the opening forum on how Hong Kong as a global offshore RMB hub supports enterprises in going global. Other attending guests included Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. SIU Sai Wo, General Manager (Business Operations) of TVB; and representatives from BOCHK.

Mr. Stephen CHAN, Deputy Chief Executive of BOCHK, said in his opening remarks, “This year marks the inaugural year of the nation’s 15th Five-Year Plan, which clearly supports Hong Kong in strengthening its role as an international asset and wealth management centre. Against this backdrop, Hong Kong, as a vital bridge between the Chinese Mainland and the rest of the world, is set to tap into an unprecedented opportunity for growth. Bank of China (Hong Kong) will actively align with national policies and the HKSAR Government’s direction by deepening its regional business development and promoting the international use of RMB, while continuing to fulfil its corporate social responsibilities, contributing to the consolidation of Hong Kong’s position as an international financial centre.”

Opening Forum: Experts Shared Insights on RMB Empowering Enterprises to Go Global

The opening forum of the Expo “New Opportunities in Global Wealth Investment: RMB Empowering Enterprises to Go Global” featured Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury, HKSAR Government; Mrs. Pauline NGAN, BBS, JP, Deputy Chairman and Managing Director of Mainland Headwear Holdings Limited, Member of the National Committee of the CPPCC; Mr. Sam YU, Chairman of Hong Kong Investment Funds Association; and Mr. Jack YANG, RMB Business Executive Director of BOCHK. They engaged in an in-depth discussion on the international market trends, enterprises going global and the international use of RMB, elaborating new investment opportunities.

Summit Forum: Decoding Silver Economy Opportunities and Industry Integration

The growing silver-haired population is driving demand across a range of areas, including health, lifestyle and wealth management. Held under the theme “Redefining Value in the Silver Age: Uncovering Blue Ocean Market Opportunities”, the summit forum featured Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. Angus CHAN, Director of Elderly Care Services of Chinachem Group; Mr. Terry WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; and Mr. Wilson TANG, Chief Executive of BOC Group Life Assurance Company Limited. Drawing on a macro perspective on industry structure, the speakers analysed the business opportunities within the silver economy and explored how to drive supply chain transformation and integration across traditional industries such as healthcare and insurance, while offering a forward-looking view of the immense potential of this emerging market.

Thematic Workshops and Immersive Digital Experience Zone, Showcasing Comprehensive Wealth Growth Strategies

The Expo also held several thematic workshops, in which experts analysed prevailing topics, including global fund and equity market conditions, retirement wealth planning, and emerging markets, equipping clients with insights into wealth growth strategies. Two fund workshops focused respectively on emerging markets and global income opportunities. The first workshop, “Focusing on Emerging Value in Asia: Embarking on a New Chapter for RMB Assets and China’s Equity and Bond Markets”, examined how the Chinese Mainland’s deepening cooperation with ASEAN, the Global South, and Belt and Road Initiative partner countries is generating new investment opportunities in emerging markets. The workshop also offered an investment outlook of the implications of the National 15th Five-Year Plan and the shifting global landscape for RMB assets and the Chinese Mainland’s equity and bond markets. The second fund workshop, “Harnessing Multi-Asset Strategies to Capture Asia-Pacific Income Opportunities,” explored how investors should diversify asset portfolio amid heightened volatility in global equity and bond markets, while capturing income opportunities from Asia-Pacific and emerging markets.

The retirement planning workshop, “Forward-Looking Wealth Planning: Charting Your Own Path to a Premium Retirement”, addressed the retirement pain points commonly faced by Hong Kong residents, offering financial advice for the silver generation to build a solid safety net for themselves and their families. The equities workshop, “Navigating 2026: Decoding Stock Market Strategies”, dissected global equity market performance and explored how different financial products can be used to balance aggressive and defensive positioning to capture markets with growth potential. The wealth management workshop, “AI-led Future: Blue Ocean Opportunities in Southeast Asia and New Horizons for Enterprises Going Global”, examined the AI investment boom and analysed the unique edge of Hong Kong as a “super value-adder” for enterprises going global.

A 3D immersive digital experience zone highlighted BOCHK’s capabilities across its expansive network reach, anti-fraud education, professional services, digital innovation leadership and award-winning credentials.

BOCHK Private Wealth also officially unveiled its new Wealth+ service proposition at the event, expanding its scope beyond wealth management to encompass multi-dimension of clients’ lives, including lifestyle experiences, family financial planning and holistic well-being, with a commitment to addressing client’s unique and individual needs.

The “Wealth Management Expo 2026” concluded successfully with fruitful outcomes. Through a full day of engaging forums, workshops, digital experience zone and sponsored booths, industry professionals, investors and the public can gain insights into global opportunities, keep abreast of the latest development in the international use of RMB and the strategic advantages of enterprises going global, while capitalising on the diverse opportunities presented by the silver economy, and mastering financial management and wealth growth.

Hashtag: #WealthManagementExpo2026

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

By K Raveendran India’s decision to initiate an anti-dumping investigation into cheap steel imports marks more than another defensive trade action. It is a reminder that globalisation, which New Delhi has often invoked when Indian exports face barriers abroad, becomes far more complicated when the pressure arrives at home. The steel case has exposed the […]

The article Steel Exposes Hard Limits Of Much-Vaunted Free Trade Piety appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Dubai Holding is weighing an investment in Hscale, the Bain Capital-backed data centre builder, as the Dubai investment group looks to expand its European portfolio at a time when artificial intelligence and cloud computing are reshaping demand for digital infrastructure. The group is working with a financial adviser on a possible transaction, while Bain Capital seeks additional capital to accelerate Hscale’s build-out across Europe, the Middle East […]

UAE investors are moving into the second half of 2026 with stronger risk appetite as easing energy-market stress and lower geopolitical risk premiums reshape sentiment across the Middle East, Standard Chartered has said. The bank’s latest market outlook points to a more constructive backdrop for regional portfolios after the US-Iran interim deal helped cool fears of a prolonged disruption to Gulf energy flows. The retreat in oil […]

Arabian Post Staff -Dubai Nasdaq Dubai has listed a USD 500 million sukuk from The Arab Energy Fund, strengthening the exchange’s Islamic debt platform at a time when regional issuers are continuing to tap international capital for longer-term funding and diversified investor access. The senior unsecured sukuk, issued through APICORP Sukuk Limited under The Arab Energy Fund’s Trust Certificate Issuance Programme, comprises trust certificates due in 2031. […]

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DUBAI – The Gulf region continues to rank among the world’s most dynamic destinations for tourism and hospitality investment. Against this backdrop, Christopher Aleo, Chief Executive Officer of iSwiss Hedge Fund, has announced a significant new project in the Sultanate of Oman. The New York-headquartered investment fund, active in real estate, infrastructure and international tourism, has confirmed a major investment in Salalah, located in Oman’s Dhofar Governorate. […]

The residency-by-investment landscape looks very different in 2026 than it did just a few years ago.[/caption] Across the world, governments have tightened eligibility requirements, increased investment thresholds and, in some cases, closed popular investment routes altogether. At the same time, investor priorities have evolved. Rather than simply looking for a residence permit, families are increasingly asking a broader question: Which country offers the best long-term opportunities for […]

SHANGHAI, CHINA – Media OutReach Newswire – 26 June 2026 – On June 25, 2026, the China Telecom Global Partner Conference convened in Shanghai. Centered on the theme of “OneGrowth 2026: Shared AI Token Era Ahead,” the event brought together leading global telcos, key ecosystem partners, and prominent clients from both domestic and international markets. During the event, the upgraded “OneGrowth Global Cooperation Initiative” was officially launched, and the AI Token Global Service Ecosystem Alliance was inaugurated.

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Global Industry Leaders Convene, Charting a New Chapter for the Intelligent Era

Liu Ying, Executive Vice President of China Telecom, stated in her speech that China Telecom closely align with the high-quality joint construction of the Belt and Road Initiative, promoting the deep integration of mature domestic technological capabilities with global cloud and network resources, and steadily enhancing its international operational strength. Through continuous cultivation, China Telecom has built an AI Token international operation capability system, consolidating the foundation for expanding the global market and deepening ecosystem cooperation. Based on the new stage of the AI Token era, China Telecom is committed to leveraging Token operations as a bond to share the new global computing network, co-create a new paradigm of AI services, jointly govern the new cross-border compliance order, and collectively embrace the new value of the digital intelligence wave.

John Hoffman, CEO of the GSMA, delivered a speech highly recognizing the outstanding contributions made by China Telecom in the collaborative growth of the global digital industry. He stated that, relying on its forward-looking deployment of globalized computing power infrastructure, China Telecom has set a practical benchmark for the intelligent digital transformation of the entire industry. GSMA looks forward to continuously deepening its long-term collaboration with China Telecom, uniting all parties to build unified and general Token service industry standards, enabling advanced AI technologies to land in markets globally.

OneGrowth 2026, Upgraded, Annual Milestones Revisited

At the conference, China Telecom Global (CTG) officially launched the AI-powered and upgraded OneGrowth 2026 Global Cooperation Initiative. This upgrade centers on the three core dimensions of capabilities, applications, and cooperation. Leveraging on the AI Token empowerment system, it accelerates the standardization, commercialization, and global promotion of core AI capabilities.

Looking back at the past year, the key cooperation achievements of the China Telecom OneGrowth blueprint have gradually been put into practice. The “main artery” of the computing power network is smoother, the “2+5+X” global AIDC layout is accelerating, the ALC international submarine cable successfully landed in Hong Kong, and international submarine and terrestrial cables have increased to 185, with a capacity exceeding 304T. The “new engine” of platform capabilities is fully activated; the all-scenario Vision Network platform “OmanEye” officially commenced commercial trial provisioning, the International Seelink Vison Network Platform successfully put into service, and the global traffic platform operation has cumulatively served millions of customers. Four lightweight quantum products, including eSurfing Quantum Secret, took the lead in landing in the Asia-Pacific region. The “experimental field” of industry applications landed at scale; the Satellite Direct-to-PhoneService successfully landed in Hong Kong and Laos, and the global Internet of Vehicles (IoV) “One Card” capability covers more than 230 countries and regions. The “ecosystem” of cloud-intelligence integration continues to prosper, connecting to over 300 mainstream large models via more than 230 global cloud nodes.

United Through Tokens, Cultivared the AI Ecosystem

China Telecom comprehensively implementing the corporate strategy “Cloudification, Digital Transformation, and AI for good” and actively promotes Token-based operations, sincerely inviting global partners to activate the infinite potential of AI Tokens jointly defining a brand-new map for the intelligent era with OneGrowth initiative.

1. Capabilities Fully Upgraded, Building a “Five-in-One” Token Operation System

China Telecom deepens the “Five-in-One” Intelligent Cloud System, builds an “L-shaped” capability layout, and continuously enhances capabilities in compute, platforms, data, models, and applications, externally launching a one-stop comprehensive Token service platform—XINGCHEN TokenHub.

The Xingchen Super Intelligent Agent TeleAgent enables one-click access to mainstream global large models, creating a lightweight and highly efficient AI Token experience for various customers. The platform provides large model access and public cloud cooperation for leading customers in the industry, and providing standard and customized packages for SME customers in subdivided industries, achieving full-chain value management of “Production—Orchestration & Distribution—Application.”

2. Layout of Four AI Sectors, Building a Token Value Community

Building on the comprehensive layout of four core AI business sectors, and simultaneously opening up all platform resources of XINGCHEN TokenHub, differentiated cooperation schemes are launched for each track, joining hands with global partners to build a Token value community.

AI+ New Connectivity:

With cloud-network integration and computing-network unity as its foundation, and relying on intelligent dedicated lines, it achieves one-point cloud access, proximate high-speed connection, and ubiquitous coverage, providing low-latency, highly stable compute-network support for the high-speed flow of Tokens. It can provide partners with full-process services from technology to deployment, realizing intelligent connections that are manageable, controllable, and security-compliant.

AI+ Vision Network:

Jointly building an open and collaborative vision network platform with 30+ global partners. The international visual platform has deployed across multiple sites in Oman, the UAE, and the Asia-Pacific region, boasting over 10 landing scenarios. Driven by the twin engines of “platform + terminal” and “standards + operations”, creating a Token operation gateway to support overseas operators in achieving breakthrough growth and value-driven operations.

AI+ IoT:

Empowered by mature eSIM technology and an AI+ unified management platform, the business covers 230+ countries and regions, accumulating overseas service cases from 30+ leading automotive enterprises. The cooperation model has upgraded to a joint-operation framework, providing DMP platform customization, joint laboratory R&D, AIoT operation upgrades, and automotive industry eco-partnerships to enhance global user experience.

AI+ Digital Life:

Building the core AI entrance for families based on “one all-optical network, one intelligent cloud, and one Better Home.” It empowers externally by leveraging mature domestic experiences of 290 million users of Xiao Yi Guan Jia (Wing Butler) and 580 million ubiquitous smart terminal connections. Centering on overseas market demands, it opens up international cooperation for core products such as the eSurfing Smart Screen and eSurfing Cloud Drive, together with partners explore brand-new business models and empower global smart families.

Alliance Inaugurated, Consolidating the Foundation for Intelligent Upgrades

During the conference, the AI Token Global Service Ecosystem Alliance was officially inaugurated. Co-initiated by leading enterprises in domestic and overseas computing power supply, large model R&D, and vertical industry applications, the alliance is dedicated to unblocking the full-link synergy of AI Tokens from production and scheduling to application and monetization, jointly building an open, interoperable, and value-sharing globalized AI comprehensive service network to provide a solid foundation for the intelligent upgrade of global industries.

Outstanding Partners Honored, Embarking on a New Journey Together

The conference concluded with an awards ceremony. China Telecom presented the OneGrowth Best Innovative Carrier Partner, OneGrowth Best Product Innovative Partner, OneGrowth Best Strategic Partner, and OneGrowth Best Benchmark Partnership to partners who have shown outstanding performance in global cooperation. This accolades recognize partners walking alongside China Telecom, synergizing deeply in industrial layout planning, tackling cutting-edge technologies, and expanding overseas markets, thereby gathering industrial synergy to consolidate the foundation for digital industry development and jointly boosting the global digital intelligent transformation process.

This conference marks the strategic progression of the OneGrowth Global Cooperation Initiative from ecosystem construction to deep cultivation of sub-tracks. China Telecom will continue to leverage its unique advantages of cloud-network integration and broad cross-border coverage, upholding the core cooperation philosophy of “Co-Creation, Sharing, Co-Governance, and Win-Win.” By building a computing power foundation, expanding the cloud-network backbone, innovating the intelligent core, and gathering ecological synergy, it will make AI Tokens the universal value carrier connecting the global intelligent ecosystem, continuously contributing China Telecom’s strength to building a smarter, safer, and more inclusive global digital industry ecosystem.

Hashtag: #ChinaTelecom

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

Iraq has signalled that it may reconsider its position inside OPEC unless its production quota is lifted sharply, opening a new dispute inside the oil producers’ group at a time when war-related disruption in the Gulf has strained export revenues and weakened confidence in the cartel’s cohesion. The warning marks an unusually direct challenge from one of OPEC’s five founding members and its second-largest producer after Saudi […]

BRUSSELS, BELGIUM / PARIS, FRANCE – Media OutReach Newswire – 26 June 2026 – As artificial intelligence reshapes global power dynamics, European and Chinese leaders are warning that the EU and China must move beyond zero-sum competition to harness their complementary strengths in AI governance and industrial application.

Europe and China Must Pivot from Tech Rivalry to "Constructive Engagement" in AI Era, Warn Leaders at CEIBS Forums

The consensus emerged during the 12th CEIBS Europe Forum, a flagship dialogue held across Paris (22 June) and Brussels (24 June) bringing together policymakers, industry executives, and academics.

Addressing the forums, former President of the European Council Charles Michel stressed that AI is no longer merely a technological issue, but a matter of “sovereignty, leadership, and power.” He identified semiconductors, data infrastructure, and regulatory policy as the core variables shaping future international relations. While acknowledging intensifying global competition, Michel called for “responsible collaboration,” noting that Europe’s mature approach to corporate governance and data security could confer distinct long-term resilience.

The events highlighted a clear strategic divergence in global AI: the US leads in frontier investment, China excels in large-scale application and open-source models, while Europe dominates in regulatory frameworks. “The more intense the competition becomes, the more important dialogue and cooperation are,” noted CEIBS President Wang Hong, highlighting the need to balance global AI governance.

Other speakers included Chinese Ambassador to the EU Cai Run and Chinese Minister to France Chen Li.

Industry panels featuring executives from Siemens, EDF, and leading robotics firms reinforced this pragmatic approach. Across sectors like energy, healthcare, and advanced manufacturing, experts agreed that AI acts as an enabler rather than a replacement for human expertise. However, they cautioned that AI’s massive energy demands present a critical challenge—and a prime opportunity for joint Sino-European innovation in grid technology and renewables.

Concluding the Brussels summit, CEIBS Co-President (European) Frank Bournois encapsulated the sentiment of both cities: “Competition is natural, but insufficient. The real formula we need is unity and trust.”

For more information, please visit the official website:
https://www.ceibs.edu/

Hashtag: #CEIBS

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

Dubai’s financial regulator recorded another year of strong licensing activity in 2025, as the emirate’s financial centre crossed 1,000 regulated entities and Dubai rose to seventh place in the Global Financial Centres Index, its highest position to date. The Dubai Financial Services Authority licensed and registered 182 new firms during the year, a 16 per cent increase on 2024, taking the total number of regulated entities in […]

Varenne Capital Partners has opened a Dubai International Financial Centre office, giving the Paris-based investment manager a regulated foothold in the Emirates as global asset managers deepen their presence in the Gulf’s expanding financial hub. The new entity, Varenne Capital Ltd, is a wholly owned UAE subsidiary regulated by the Dubai Financial Services Authority. The move marks the firm’s first regional base after building its business across […]

Arabian Post Staff -Dubai US Secretary of State Marco Rubio has assured Gulf Arab partners that Washington will not pursue a deal with Tehran at the expense of their security, as the Trump administration tries to build regional support for a preliminary accord aimed at ending months of confrontation with Iran. Rubio delivered the message in Manama at a meeting with Gulf Cooperation Council foreign ministers and […]

At MWC IoT Summit 2026, Kigen made the case that the EU Cyber Resilience Act is not a compliance burden — it is a once-in-a-generation opportunity. For manufacturers who move now, the competitive advantage is structural.

SHANGHAI, CHINA – Media OutReach Newswire – 26 June 2026 – 5.5 trillion dollars. That is the annual cost of cybercrime to the global economy — a figure larger than the GDP of every nation except the United States and China. Behind it lies a single, solvable problem: billions of connected devices shipped without robust security baked in.

At MWC IoT Summit 2026 in Shanghai, Jean-Louis Carrara, SVP Global Sales at Kigen, delivered a keynote that reframed this challenge as an inflection point. The message was clear: the era of voluntary security is over, and the manufacturers who recognise this first will define the competitive landscape for the decade ahead.

The Regulation That Changes Everything

The EU Cyber Resilience Act (CRA) is the most significant cybersecurity legislation ever enacted. It covers more than 90% of all IoT products containing digital elements — sensors, gateways, industrial equipment, consumer devices. If it connects, it is covered.

Manufacturers must now provide security updates across a five-year product lifecycle, report confirmed security incidents within 72 hours, and demonstrate security by design from the earliest stages of product development. Non-compliance carries penalties of up to €15 million, or 2.5% of global annual turnover.

Documentation requirements and vulnerability management obligations are already in force from September 2026. For any product in development today — any product planned for market entry in 2027 — compliance is not a future consideration. It is a present one.

“Security is no longer a cost to be minimised. It is an investment in market access, competitive standing, and long-term resilience.”

Speaking at MWCShanghai, Mr Jean-Louis Carrara, SVP of Kigen presented the challenge for industry leadership in electronics exports and pragmatic, cost-effective interventions immediately available.
Speaking at MWCShanghai, Mr Jean-Louis Carrara, SVP of Kigen presented the challenge for industry leadership in electronics exports and pragmatic, cost-effective interventions immediately available.

Market Access as Competitive Advantage

Independent analysis puts the average cost of CRA compliance at approximately €100,000 per product line. Against a potential penalty exposure of €15 million, the arithmetic is straightforward. But Carrara pressed further: as the compliance threshold rises, EU market access becomes selectively available — a structural advantage for those who are ready.

This is the reframe that matters. Security is not a constraint on speed to market. It is the enabler of access to the world’s most demanding — and most rewarding — markets.

Proof at Scale — and Under Pressure

Kigen’s eSIM technology operates across more than 250 terrestrial and satellite networks worldwide. Hundreds of millions of devices. Decades of real-world hardening. But scale, Carrara argued, is not the same as trust.

Trust is demonstrated when the stakes are highest. When significant vulnerabilities were identified in eSIM frameworks used across the industry, Kigen responded within 72 hours — developing and sharing a patch openly, without paywalls, in full coordination with the GSMA and in alignment with ENISA disclosure guidelines.

“We did not wait for regulation to demand it,” Carrara said. “We acted because it was right — and because the industry’s security is only as strong as its weakest point. Our actions supported the coordinated response to develop countermeasures and mitigate the risks and we continue to collaborate on furthering these by contributing back through GSMA and other standards bodies. With certified eSIMs now carrying capabilities to patch, the tools are available for the mandates OEMs must meet on cybersecurity – readily, with our expertise.”

The Platform Already Built

Kigen’s platform delivers autonomous over-the-air security updates — deployable across an entire installed fleet without physical intervention. Native IoT profile management enables secure provisioning at manufacturing scale. Proven interoperability across the global operator ecosystem ensures devices function wherever customers need them.

Kigen also chairs the GSMA eSIM Working Group, actively advancing standards that raise the security floor for the entire industry — not to hold competitive advantage, but to make the ecosystem stronger for everyone.

The Convergence Moment

AI is transforming manufacturing. Advanced connectivity is extending that transformation to every point on the globe. And regulatory-grade security is the condition that makes all of it trustworthy. These forces are converging — and the window for first-mover advantage is open.

The imperative to build every capability in-house belongs to a previous era. The manufacturers who will define this decade are those who identify where deep, specialised expertise already exists — and accelerate their path to market by partnering with it.

“This is a once-in-a-generation opportunity to establish security correctly — at the foundation, with lasting effect.”

The regulatory framework is clear. The technical capability is proven. Trust, at scale, is a durable advantage.

Hashtag: #Kigen #eSIM #MWC #CRA




Wechat: KigenChina

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

Kigen (UK) Limited

Kigen is the forerunner in secure eSIM and RSP solutions, enabling manufacturers to adopt and scale cellular IoT with ease. Our award-winning solutions are certified to GSMA eSA (eUICC Security Assurance) and SAS (Security Accreditation Scheme) standards—the highest levels of security assurance in the industry. Our technology delivers freedom to choose from 200+ terrestrial and satellite networks, compliant to EU and China cybersecurity and data regulations for export products, with proven interoperability on leading chipsets and modules.

Backed by Arm, SoftBank Vision Fund 2, SBI Group and Salica Investments, Kigen is trusted by leading global brands in consumer electronics, energy, automotive, logistics, and industrial automation.

Learn more at or follow @kigen for #FutureofSIM matters on LinkedIn.

HONG KONG SAR – Media OutReach Newswire – 25 June 2026 – Recently, SCNet.AI (www.scnet.ai) headquartered in Hong Kong has officially launched as a global AI&HPC computing service platform. With an e-commerce-style operational model, the platform redefines how AI for Science (AI4S) computing resources are accessed, enabling researchers worldwide to access AI, supercomputing applications and diverse compute resources as seamlessly as online shopping.

Putting Scientific Research Agents Within Reach — SCNet.AI Accelerates AI4S Innovation Powered by AI & HPC
Putting Scientific Research Agents Within Reach — SCNet.AI Accelerates AI4S Innovation Powered by AI & HPC

Simplifying Innovation: From Bioinformatics to Industrial Simulation

SCNet.AI is positioned to bridge supply and demand for computing resources and unify an ecosystem of research software, delivering user-friendly research computing and scientific large model innovation environments for global research institutes, enterprises and independent developers.

SCNet.AI covers three core research scenarios:

  • Life Science & Bioinformatics: Tailored for biopharma firms and universities;
  • Industrial Manufacturing: CFD fluid simulation and FEA finite element analysis for automotive and semiconductor sectors;
  • Physical & Chemical Research: Molecular dynamics simulation for researchers in materials and new energy sectors.

Built around the integrated development philosophy of “data, computing power, models and applications”,SCNet.AI addresses pain points of open-source large models including difficult deployment, high usage costs and complicated adaptation, and provides end-to-end technical support from environment deployment to task tuning, substantially lowering the operational barrier for researchers to access AI4S computing resources.

E-commerce-style Operational Model: Instant Access & Elastic Scheduling

SCNet.AI’s standout innovation lies in its proprietary AI4S application marketplace model. Much like mainstream e-commerce platforms that connect physical goods buyers and sellers, SCNet.AI matches computing power, datasets, research models and industry applications with researchers.

This model delivers three distinct competitive advantages:

  • Instant on-demand access. All software is delivered via SaaS, while research AI agents are deployed under MaaS. Users can run tools online after subscription without local downloading, installation or maintenance.
  • Elastic scaling. Computing resources can be precisely allocated on demand for workloads ranging from simulation calculations to large model training.
  • Unified innovation ecosystem. Beyond being a computing power trading hub, SCNet.AI serves as a global collaborative platform for scientific research and innovation.

Currently, hundreds of premium applications, datasets and model products have already been listed on the platform. Users can select research applications on demand just like browsing an e-commerce site, eliminating the need to build in-house computing clusters or hire dedicated operation and maintenance staff. Simple registration unlocks full access, drastically cutting the overall hidden AI4S cost.

To lower entry barriers for researchers worldwide, SCNet.AI offers a complimentary resource kit for all newly registered users, including 10M Tokens, 100 GPU Hours (AI Inference) and 100 CPU Core Hours (HPC). These resources can support dozens of inference runs for mainstream foundation models, lightweight model fine-tuning, or complete end-to-end CFD and molecular dynamics simulation experiments.

This promotion is valid from June 23 to July 23, 2026 and open exclusively to first-time registrants. Each new account entity is entitled to claim the resource kit only once. All redeemed resources expire 90 days after collection. Quantities are limited and will be distributed on a first-come, first-served basis until exhausted.

For full information, please visit our official website at www.scnet.ai.

Hashtag: #SCNet.AI

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

By Sobhanlal Datta Gupta The Eighteenth West Bengal Legislative Assembly which was formed in the wake of the poll results in 2026 has catapulted the BJP into power on a scale which is unprecedented, but not totally unsurprising. It has been a verdict by default, a furious act of political revenge against years of misrule, […]

The article Collapse Of TMC In Bengal Has Given A Big Opportunity For A Left Turn-Around appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Valve has acknowledged that its new Steam Machine will cost more than it wanted, putting pressure on the company’s attempt to bring PC gaming deeper into the living room at a price well above mainstream consoles. The Bellevue-based games and hardware group has priced the 512GB Steam Machine at $1,049, while the 2TB version costs $1,349. Bundles with the new Steam Controller lift the prices to $1,128 […]

MUNICH, GERMANY – Media OutReach Newswire – 25 June 2026 – EVB successfully concluded its June 23–25 exhibition at Power2Drive Europe 2026 at Messe München, where it connected with global industry professionals and highlighted its latest EV charging, energy storage, and power management solutions for cleaner, smarter, and more efficient energy systems.

Power2Drive Europe is a leading international exhibition for charging infrastructure and e-mobility. It brings together global players in EV charging and sustainable mobility, making it a key platform for industry exchange and innovation.

Showcasing Advanced Charging Technologies

Highlighting its PTB-certified technologies, EVB presented charging solutions for residential, commercial, fleet, and public applications.

  1. Floor-mounted AC EV Charger: Featuring a 21-inch LCD touch screen, POS payment, and ISO 15118-2 certification, it combines EV charging and digital advertising for retail, parking, and urban charging hubs.
  2. Liquid-Cooled DC Charger: With up to 480 kW output and a modular design that supports independent operation, it is built for high-demand public and commercial charging scenarios, delivering reliable performance with easier operation and maintenance.
  3. Split MW DC Charger: A 2 MW high-power charging solution for electric trucks, logistics fleets, ports, and industrial applications, supporting MCS/CCS interfaces, smart power sharing, and expandable DC outputs.

EVB also showcased its award-winning BUDC Ultra Fast Charger 150 kW, an ultra-thin dual-gun charger honored with Red Dot and iF Design Awards. Featuring a 75 kW liquid-cooled module and a slim 100 mm body, it delivers reliable, low-noise fast charging for space-limited scenarios.

Integrated PV, Storage and Charging Solutions

Beyond EV charging products, EVB showcased integrated PV, energy storage, and charging solutions for diverse application scenarios. By combining solar power, energy storage, and charging infrastructure, EVB helps customers improve energy efficiency, optimize power use, and reduce operating costs.

Strengthening Global Partnerships

The exhibition enabled EVB to strengthen partnerships and explore new collaborations, with discussions focused on fleet electrification, commercial deployment, and integrated energy infrastructure.
Hashtag: #ZhejiangBenyiNewEnergyCo

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About EVB

EVB is a global provider of smart EV charging solutions.Backed by over 100 patents and international certifications, EVB has a presence in nearly 70 countries and has delivered more than 25,000 projects worldwide, providing reliable, high-speed, and eco-friendly charging infrastructure to support the clean energy transition.

For more information, please visit www.evb.com or contact [email protected].

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As the first authorized reseller of Amazon Leo that has an APAC headquarters in Hong Kong, Pulsar will offer low Earth orbit satellite connectivity powered by Amazon Leo to commercial maritime customers to support vessel communications, crew welfare, digital solutions, and onboard operations.

HONG KONG SAR – Media OutReach Newswire – 25 June 2026 – Pulsar, a leading global mobile satellite service provider, announced an agreement with Amazon Leo, Amazon’s low Earth orbit satellite network. Under the agreement, Pulsar will serve as an authorized reseller, bringing high-performance satellite internet to maritime customers. As the first authorized reseller that has an office in Hong Kong, Pulsar will provide prompt customer support with regional expertise.

The agreement combines Amazon’s next-generation satellite technology, powered by a constellation of thousands of satellites with Pulsar’s global experience in providing mobile satellite services, enabling reliable connectivity for maritime customers operating globally in the commercial maritime industries. Amazon Leo is Amazon’s low Earth orbit satellite network, designed to provide fast, reliable satellite connectivity to customers beyond the reach of traditional networks.

“Amazon Leo will power the adoption of connected ship operations for fleet managers, the adoption of digital solutions such as optimized routing and navigation for lower cost and safer voyages, and aid crew retention through enhanced crew welfare applications,” said Robert Sakker, President & CEO of Pulsar. “High bandwidth, low latency communication solution from Amazon Leo, used together with AWS global infrastructure, will enable Pulsar to not only drive the adoption of the digital ship, but also to ensure cyber-security, giving fleet managers the confidence to move from connectivity to fully remote operations.”

Amazon Leo is designed to meet the demanding performance, reliability, and security requirements of business customers worldwide. The system provides lower latency, higher bandwidth, and broader coverage than traditional satellite solutions, enabling real-time applications, remote operations, and hybrid network architectures.

Customers will connect to the network using one of several compact, high-performance antennas: Leo Pro and Leo Ultra. Leo Ultra is the most powerful model in the line, capable of delivering download speeds of up to 1 Gbps and upload speeds of up to 400 Mbps—capacity that supports demanding enterprise applications.

Serving key industries across the globe, Pulsar will offer Amazon Leo as part of its portfolio of communications, digital solutions, cyber-security, and crew welfare applications, tailored to the needs of the industries it supports, including various maritime customers operating in remote waters.

“We are very excited to be partnering with Amazon Leo to strengthen Pulsar’s portfolio of maritime focused products, services and solutions,” added Sakker. “Amazon Leo will accelerate Pulsar’s expansion of the fleets it services, helping Pulsar’s continued growth as a leader in the global maritime sector.”
Hashtag: #AmazonLeo #PulsarInternational #PulsarBeyond #SatelliteConnectivity #SatelliteNetwork #LEOSatellite



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

About Pulsar

Pulsar International (“Pulsar”) is a leading provider of satellite communications products and services, offering voice, data, and IoT solutions to customers in commercial maritime, Agri-tech, enterprise, and government markets. Pulsar operates across the globe, with offices located in North America, Latin America, Europe, Middle East, and Asia Pacific. Its global headquarters is in Hollywood, FL, USA. For more information about Pulsar and how we can transform your connectivity and end-to-end solutions beyond the ordinary, visit www.pulsarbeyond.com.

Emirates SkyCargo has expanded its freighter network across East and Southeast Asia, adding capacity on key manufacturing corridors as exporters seek faster links to markets across the Middle East, Africa, Europe and the Americas. The Dubai-based carrier said it moved more than 439,000 tonnes of cargo on freighter and passenger flights from 12 markets in East and Southeast Asia during FY2025/26, an increase of about 5 per […]

GEMS Education has recorded a modest slowdown in registrations at its UAE schools as families reconsider overseas moves amid uncertainty linked to the Iran war, though the Dubai-based operator says its expansion plans remain unchanged. Chief executive Dino Varkey said the private education group had secured about 90 per cent of its targeted new sales for the next academic year, including fresh admissions and re-enrolments. The level […]

Arabian Post Staff -Dubai Abu Dhabi has awarded ADNOC and six international partners a major concession to develop and produce gas from the Bab Gas Cap, strengthening the emirate’s drive to expand domestic gas supply and reinforce its position in global energy markets. The concession was granted by the Supreme Council for Financial and Economic Affairs, with ADNOC taking a 60 per cent participating interest. The remaining […]

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