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Aligned with the travel peak season at the end of the year, the campaign covers key destinations including Hong Kong SAR, Macau SAR, South Korea, Southeast Asia, Europe, North America and Oceania. Offline promotions extend to 30 major international airports, 65 premium shopping districts, 40 leading department stores, 15 outlet villages, as well as duty-free shops and luxury boutiques within 30 major global airports. The initiatives also encompass daily consumption, such as supermarkets, cosmeceutical retailers, dining spots, tourist attractions, entertainment, accommodation, local transportation and telecommunication services.

UnionPay has also customized activities for mobile payment methods, including UnionPay mobile QuickPass and UnionPay QR code payment, which are accepted in more than 100 countries and regions. For instance, in Australia and New Zealand, UnionPay cardholders can enjoy instant discounts when using UnionPay mobile QuickPass at participating merchants nationwide.

The year-end incentives have been further expanded to online scenarios. UnionPay has collaborated with digital entertainment platforms to accommodate the high-frequency online spending during the holiday, such as Hoyoverse Honkai: Star Rail top-up promotion, Apple Services promotion. In Australia, UnionPay has launched an online tuition payment promotion for students.

In select markets, UnionPay has partnered with local issuing banks to provide exclusive privileges for cardholders. For example, DBS Bank in Singapore offers UnionPay Platinum debit cardholders value-added benefits, such as cashback, fee waivers, airport lounge access and other travel-related perks.

UnionPay has built up a global payment network covering 183 countries and regions, providing stable and convenient payment support for cross-border travel and holiday consumption. Through in-depth cooperation with issuing banks, financial institutions and merchants, UnionPay has provided diverse holiday discounts and supporting services to optimize the consumption experience for cardholders.

Hashtag: #UnionPay

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

By Nantoo Banerjee US President Donald Trump may have problems with Russia, Venezuela and a host of other states and has every right to decide on the US trade and diplomatic policies to deal with those countries. But he has no right to thrust upon other free nations his likes, dislikes and prejudices. Unfortunately, he […]

The article Trump Has Become A Threat To Free Trade appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

IBM has set out an ambitious plan to equip five million people across India with skills in artificial intelligence, cybersecurity and quantum computing by 2030, deepening its long-running SkillsBuild programme and expanding partnerships with governments, universities and employers to address widening technology talent gaps.

The initiative, led by IBM, centres on scaling IBM SkillsBuild, a free digital learning platform that blends online courses, project-based learning and industry-recognised credentials. The company said the expansion will prioritise job-ready capabilities aligned with fast-evolving enterprise demand, including generative AI applications, cloud security and the foundations of quantum information science.

IBM executives framed the move as a response to structural shifts in the labour market, where automation and AI adoption are reshaping roles faster than traditional education systems can adapt. India’s large and youthful workforce, combined with rapid digitalisation across banking, healthcare, manufacturing and public services, has made skills development a policy and business imperative. Government estimates show millions of new digital roles emerging this decade even as legacy jobs are redefined.

The company plans to deepen curriculum integration with higher education institutions, vocational colleges and secondary schools, embedding SkillsBuild content into coursework while expanding teacher training so faculty can deliver updated material. IBM also intends to widen collaborations with state governments and industry bodies to tailor programmes for local employment needs, particularly in tier-two and tier-three cities where access to advanced training has lagged.

SkillsBuild offers modular pathways that range from introductory digital literacy to advanced certifications, with content developed by IBM practitioners and academic partners. Learners can earn digital badges in areas such as data analysis, AI ethics, cybersecurity fundamentals and cloud computing, alongside exposure to quantum concepts through simulations and guided labs. IBM said it will add more experiential components, including hackathons, internships and employer-linked projects, to strengthen transitions from learning to work.

Cybersecurity has been highlighted as a priority track, reflecting persistent shortages of security professionals and rising risks to critical infrastructure and enterprises. Courses will cover threat analysis, incident response and secure system design, with an emphasis on practical skills that align with global frameworks. In AI, the focus extends beyond coding to include responsible deployment, model governance and sector-specific use cases, areas that employers increasingly cite as gaps among graduates.

Quantum computing, still an emerging field, forms the third pillar of the programme. IBM operates one of the world’s largest fleets of quantum systems accessible via the cloud, and the curriculum introduces learners to quantum mechanics, algorithms and programming tools. While near-term job creation in quantum remains limited, IBM argues that early exposure will build a pipeline of talent capable of supporting research, hardware development and future commercial applications.

The scale of the target reflects IBM’s broader workforce strategy, which has shifted towards skills-based hiring and continuous learning. The company has previously said that formal degrees are no longer the sole proxy for capability, particularly in fast-moving technology domains. By expanding free access to training and credentials, IBM aims to widen participation among women, underrepresented communities and learners from non-traditional backgrounds.

Industry analysts view the plan as part of a competitive race among global technology firms to cultivate ecosystems of skilled users and developers. Cloud providers, software companies and chipmakers have all launched large-scale training commitments, seeking both social impact and long-term commercial benefits as trained professionals tend to adopt familiar platforms. For India, such programmes complement national efforts to boost digital skills and attract high-value investment, though experts caution that quality, relevance and job linkage will determine outcomes.

Veteran Malayalam actor, screenwriter, director and producer Sreenivasan died on Saturday morning at the age of 69, leaving the Indian film industry mourning the loss of one of its most versatile and influential creative voices. He passed away at the Government Taluk Hospital in Thrippunithura, Kochi, after developing severe health complications while being taken for dialysis, hospital officials confirmed. His body has been kept at the facility, and funeral arrangements are expected to follow at his Kandanad home, where his family will receive condolences from peers and admirers.

Sreenivasan was born on 6 April 1956 in the village of Patyam near Thalassery in Kerala’s Kannur district and trained at the Film and Television Institute of Tamil Nadu, Chennai, before embarking on a career that spanned nearly five decades. Over the course of his prolific life in cinema, he appeared in more than 225 films and established himself as a defining presence in Malayalam cinema through his nuanced performances, incisive screenwriting, and sensitive direction.

His death has resonated across the film fraternity, with leading figures paying tribute to a practitioner whose work combined humour, social insight and humanity. Actor–director Prithviraj Sukumaran described Sreenivasan as a “legend whose work touched the core of everyday life,” while Basil Joseph recalled the late actor’s influence on subsequent generations of storytellers. Other industry figures, including Tovino Thomas and Indrajith Sukumaran, have underscored his role in elevating Malayalam cinema through performances that reflected the aspirations and anxieties of ordinary people.

Sreenivasan’s contributions extended beyond acting; he was widely recognised as a gifted screenwriter whose scripts articulated the complexity of Kerala’s social and political landscape. His screenplays for films such as Odaruthammava Aalariyam, Sanmanassullavarkku Samadhanam, Gandhinagar 2nd Street, Nadodikkattu and Sandesam blended sharp satire with accessibility, contributing to the evolution of the comedy genre in Malayalam cinema. Sandesam, in particular, remains a touchstone political satire for its unflinching portrayal of ideological rivalry and everyday life.

As a director, he helmed projects that showcased his range and sensibility, including Vadakkunokkiyanthram and Chinthavishtayaya Shyamala. The former earned the Kerala State Film Award for Best Film, while the latter received the National Film Award for Best Film on Other Social Issues, underscoring his ability to intertwine entertaining narratives with social commentary.

Industry observers noted that Sreenivasan’s work was characterised by an acute understanding of the everyday person’s struggles, often using humour as a vehicle to examine serious themes such as bureaucracy, societal pressures and personal identity. His characters, whether comedic or dramatic, were lauded for their authenticity and depth, resonating with audiences across generations and contributing to his enduring legacy.

Sreenivasan is survived by his wife, Vimala, and their two sons, Vineeth Sreenivasan and Dhyan Sreenivasan, both of whom have carved their own paths in the film industry as actors, directors and producers. His passing prompted an outpouring of respect from colleagues and collaborators, who highlighted his mentorship, sharp wit and unwavering commitment to his craft.

While details of his funeral and memorial services are expected to be finalised by his family, the loss has already sparked tributes from across cultural and political spheres, reflecting the breadth of his influence. Kerala’s film community, as well as admirers nationwide, continue to honour a figure whose work not only entertained but also provided insight into the social and cultural fabric of the region.

Ras Al Khaimah has faced one of the most intense rainfall episodes in its recorded history, with official gauges measuring up to 127 millimetres across two days as a powerful storm system swept the northern emirates. The deluge exceeded the emirate’s typical annual average, overwhelming drainage networks and triggering flash flooding in low-lying and mountainous areas.

Authorities said the heaviest downpours were concentrated around Mina Saqr, Jebel Al Rahibah and the upper reaches of Jebel Jais, where steep terrain funnelled runoff into wadis and access roads. Several residential districts reported water entering homes and ground floors, while industrial zones near the coast saw yards and warehouses inundated. Emergency crews were deployed through the night to clear debris, pump water and assist stranded motorists.

Meteorological data show that the system delivered short bursts of exceptionally intense rainfall, a pattern that hydrologists say increases flood risk even where total volumes might otherwise be manageable. In the mountains, rainfall totals were uneven but locally extreme, with gauges registering more than a year’s worth of rain over 48 hours. The combination of saturated ground and rapid runoff led to temporary road closures and landslides on feeder routes to higher elevations.

Officials from civil defence and municipal services said no fatalities had been reported, though injuries were treated at local hospitals and several families were temporarily relocated as a precaution. Schools in affected zones shifted to remote learning for a day while assessments were carried out. Power and water supplies were largely maintained, though brief outages were recorded in pockets where substations were flooded.

The storm formed as moist air from the Arabian Sea collided with a slow-moving upper-level trough, creating prolonged convective activity over the UAE’s north. Weather specialists noted that while heavy rain events are not unprecedented, the persistence and concentration over Ras Al Khaimah set this episode apart. Satellite imagery showed successive storm cells tracking along the same corridor, repeatedly dumping rain over the same catchments.

Urban planners and climate scientists say the episode underlines growing exposure to extreme weather in arid regions. Studies of the Gulf’s climate indicate a tendency towards more erratic rainfall, with longer dry spells punctuated by intense storms. Such shifts challenge infrastructure designed around historical averages, particularly drainage systems sized for shorter, lighter showers.

Ras Al Khaimah’s leadership said post-storm reviews would examine drainage capacity, early-warning protocols and land-use planning in flood-prone areas. Investment in wadis management and retention basins has increased in recent years, but officials acknowledged that rapid development and changing rainfall patterns require constant reassessment. Work crews were already clearing silt from channels and inspecting culverts to restore full flow capacity.

Residents described scenes of fast-moving water sweeping through streets and wadis within minutes of the heaviest rain. In mountain communities, drivers abandoned vehicles as torrents crossed roads, while hikers on Jebel Jais were escorted to safety by rescue teams once conditions allowed. Authorities reiterated advisories against entering wadis during storms, warning that flows can rise without notice far downstream from where rain is falling.

Insurance providers said claims assessments were under way, with early indications pointing to damage to vehicles, ground-floor properties and small businesses. Analysts noted that insurance penetration for flood damage remains uneven, leaving some households reliant on emergency assistance and community support. Local charities and volunteer groups organised relief supplies, including pumps and cleaning equipment, to help affected families return to their homes.

The episode has also prompted renewed discussion about data sharing and public communication. Meteorologists said advances in radar and nowcasting allow for more precise warnings, but effective response depends on rapid dissemination and public trust. Authorities credited social media alerts and mobile notifications with reducing exposure, though they acknowledged that compliance varies, particularly among motorists accustomed to short-lived showers.

1. Work Injury Claims Data (Total: 1,032 Cases)

Sick Leave Distribution:

• 0 – 30 Days: 279 cases
• 31 – 100 Days: 323 cases
• 101 – 300 Days: 261 cases
• 301 – 700 Days: 145 cases
• 701 – 1,000 Days: 18 cases
• 1,001 – 2,000 Days: 3 cases
• Over 2,000 Days: 3 cases

Summary: Over 58% of cases involve fewer than 100 days of sick leave, indicating that minor injuries remain the norm. However, extreme cases exceeding 2,000 days highlight the dire need for long-term legal and financial support for severely injured workers.

Assessment of Earning Capacity:

• 0% – 4%: 745 cases
• 5% – 14%: 188 cases
• 15% – 34%: 52 cases
• 35% – 64%: 11 cases
• 65% – 94%: 10 cases
• 95% – 100%: 26 cases

Summary: A “pyramid” distribution is observed, with 72% involving minor impairments. Yet, the 26 cases of near-total disability (95-100%) underscore the catastrophic impact of high-risk workplace accidents on families.

Estimated Results:

• HK$0 – $50,000: 381 cases
• HK$50,001 – $100,000: 226 cases
• HK$100,001 – $200,000: 147 cases
• HK$200,001 – $500,000: 109 cases
• HK$500,001 – $1,000,000: 125 cases
• HK$1,000,001 – $2,000,000: 31 cases
• HK$2,000,001 – $5,000,000: 13 cases

Summary: 16% of inquiries yield estimates above HK$500,000. These cases often involve complex future loss of earnings, signaling a high demand for specialized legal advocacy in high-value claims.

2. Traffic Accident Claims Data (Total: 868 Cases)

Injured Body Parts:

• Back / Spine: 176 cases
• Lower Back / Hips: 118 cases
• Head: 112 cases
• Shoulder: 111 cases
• Neck: 105 cases
• Leg: 104 cases
• Knee: 74 cases
• Arm: 68 cases

Summary: Back and spine injuries are the most frequent, often resulting from whiplash in rear-end collisions. These injuries are critical for PSLA (Pain, Suffering, and Loss of Amenities) evaluations in civil court.

Nature of Injuries:

• Sprain: 241 cases
• Fracture: 180 cases
• Contusion: 169 cases
• Nerve / Brain: 139 cases
• Internal: 74 cases
• Dislocation: 65 cases

Summary: While sprains are most common, the high number of nerve and brain injuries (139 cases) is concerning, as these often lead to permanent functional impairment.

Estimated Results:

• HK$0 – $100,000: 422 cases
• HK$100,001 – $200,000: 162 cases
• HK$200,001 – $500,000: 179 cases
• HK$500,001 – $1,000,000: 98 cases
• HK$1,000,001 – $2,000,000: 5 cases
• HK$2,000,001 – $10,000,000: 0 cases
• Over HK$10,000,000: 2 cases

Summary: Traffic claims show extreme polarization. While most stay below HK $100k, two cases exceeded HK$ 10 million, reflecting the massive social cost of life-altering road collisions.

Mandatory Disclaimer

IMPORTANT: All compensation figures are generated by the “AI Compensation Calculator” based on user input. These are preliminary estimates only and not final actual compensation amounts. Final payouts depend on court rulings, liability apportionment, and medical evidence. Victims must seek formal legal advice from practicing lawyers.

Hashtag: #HKAccidentLawyers #HKCivilClaim #PersonalInjury #WorkInjury #CivilClaims #ClaimsData

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

Heavy rainfall across Dubai prompted authorities to urge residents to remain indoors as flooding alerts were activated across several neighbourhoods, disrupting transport, schooling and daily life while emergency teams moved to manage water accumulation on key roads.

Police and civil defence units said weather conditions had deteriorated rapidly overnight, with intense downpours leading to waterlogging in low-lying areas and reduced visibility on major arteries. Motorists were advised to avoid unnecessary travel, particularly near underpasses, tunnels and wadis, where runoff posed heightened risks. Schools in parts of the emirate shifted to remote learning, while several private institutions announced temporary closures after campus access became difficult.

The advisory underscored how Dubai urges residents indoors amid heavy rainfall, reflecting a coordinated response involving municipal services, transport authorities and utilities. Drainage pumps were deployed in multiple districts as crews worked to clear debris from stormwater grates. Electricity and water providers said services remained largely stable, though teams were on standby to address any outages caused by flooding or lightning strikes.

Meteorological officials attributed the rainfall to an active weather system drawing moist air across the region, producing prolonged showers and occasional thunderstorms. Forecasts indicated intermittent rain could persist through the day, with gusty winds and hail reported in isolated pockets. Authorities cautioned residents against venturing into flooded streets, stressing that even shallow water can conceal hazards and compromise vehicle control.

Public transport services adjusted schedules as a precaution. Portions of the road network experienced slow-moving traffic during peak hours, while ride-hailing operators reported higher demand as residents avoided driving. At the city’s airports, airlines warned of possible delays and advised passengers to check flight status before travelling. Ground handlers said operations were continuing with additional safety measures to manage wet runways and reduced visibility.

Dubai Municipality said its crisis management protocols had been activated, with field teams monitoring drainage performance and responding to citizen reports. The Roads and Transport Authority urged commuters to follow official updates and avoid sharing unverified information, noting that real-time advisories would be issued as conditions evolved. Health officials reminded residents to keep children indoors and to secure loose items on balconies and rooftops to prevent accidents during strong winds.

Urban planners and climate researchers note that extreme rainfall episodes are testing the resilience of cities built in arid environments. While Dubai has invested heavily in drainage infrastructure, the intensity and duration of storms can overwhelm systems designed for historically lower precipitation levels. Experts emphasise the importance of adaptive planning, including enhanced runoff capacity, permeable surfaces and improved forecasting integration to reduce disruption during severe weather.

Businesses across retail and hospitality sectors adjusted operations as footfall dipped in affected areas. Some malls delayed opening hours, while restaurants shifted to delivery-only service. Employers were encouraged to offer flexible work arrangements, particularly for staff commuting from flood-prone districts. Insurance providers reported an uptick in inquiries related to vehicle and property coverage, advising policyholders to document any damage once conditions allow safe inspection.

By Nitya Chakraborty Something incredible is happening in Beijing as also in other cities of China in the last five days. The cinema halls showing the American animation film “Zootopia 2” produced by the famous Disney studio are full and the Chinese cine lovers who have not yet seen the film are going mad online […]

The article How A Disney Studio Animation Film “Zootopia 2” Is Boosting China-US Trade Agenda? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

• DAICS^® coin coverage: As of 3^rd December, the top 50 coins by average market capitalization across the past 90 days
• DAICS^® market capitalization coverage: 96.98%*
• The % coverage of market capitalization of the 50th ranked coin: 0.048%**
• Member changes within the Top 50 Coins in DAICS^®: eight coins added and nine coins deleted
• Additions: Zcash (ZEC), World Liberty Financial USD (WUSD), PayPalUSD (PYUSD), Memecore (M), Worldcoin (WLD), Story (IP), Arbitrum (ARB), KuCoin (KCS)
• Deletions: Mantra (OM), GateToken (GT), Official Trump (TRUMP), VeChain (VET), Render (RENDER), First Digital USD (FDUSD), Filecoin (FIL), Cosmos (ATOM), Algorand (ALGO)
• 9 Green Coins labelled: Cronos (CRO), Pi (PI), Internet Computer (ICP), Hedera, Sui (SUI), Toncoin (TON), Arbitrum (ARB), Mantle (MNT), Tron (TRX)

Note:
*Special currency treatment of DAICS^® applies, where any wrapped or second-level cryptocurrency is not considered in the calculation for the market capitalization of DAICS^®
**Based on 3rd December 2025
G: Green Coin

The rankings of additions and deletions for the DAICS^® top 50 cryptocurrencies are listed in Appendix 1. All classification changes, including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index, will take effect on 23^rd January 2026, with market capitalization, rankings, and weightings available at www.ix-index.com.

1. Cryptocurrencies

1.1. Structure and Definitions

Tier 1: Industry Changes
The industry groups remain unchanged, with 5 industries and the respective weightings as follows:

Tier 2: Sector Changes
The number of sectors has increased from 17 to 18. There is one new sector added under the industry group “Tech & Data (140)”:

Identification (14040)
Definition: Cryptocurrencies that facilitate decentralized identity authentication and/or blockchain-based validation of digital intellectual property rights. The classification emphasizes trust, data consent, and privacy as core architectural features while the crypto by itself is not an identity token.

1.2. Reclassification Changes
This review doesn’t have any reclassification of the existing coins. The DAICS® 2H 2025 cryptocurrencies classification is available in Appendix 2.

1.3. Green Coin Label
This review identifies 9 Green Coins, classified based on their energy-per-unit-transaction, which is defined as the amount of energy consumed for a successful single unit transaction of the coin in the blockchain network. The coins selected rank in the top 20 percentile of the least energy-consuming cryptocurrencies out of the 50 DAICS^® constituents. The top 20 percentile’s threshold in this review is ≤ 0.150 Wh. The table below lists these low-energy coins.

Note: G as ‘Green Coin‘ labelling for cryptocurrencies that adhere to the principles of sustainability

2. Asset Backed Tokens (ABT)

2.1. Structure and Definitions

Tier 1: Asset Type Changes
The asset types remain unchanged at 6 as follows:
1) Culture (205),
2) Real Estate (215),
3) Financials (235),
4) Entertainment (255),
5) Natural Resources (265), and
6) Green Economy (275)

Tier 2: Branch Changes
The number of branches has increased from 31 to 32, with a new branch added under Financials (235): Tokenized funds (23540).

2.2. Classification Changes
This review doesn’t have any reclassification of the existing assets.

2.3. Coverage of DAICS^®
A classification summary and definition table of both cryptocurrencies and ABTs are available in Appendices 3 and 4. For further information regarding the methodology of the DAICS^®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html.

For more details on DAICS^® qualification criteria, please email [email protected].

Appendix 1

G: Green Coin

Appendix 2

Note:
G as ‘Green Coin‘ for cryptocurrencies that adhere to the principles of sustainability
NEW for newly added sector

Appendix 3

Note: NEW for newly added sector

Appendix 4

Note: NEW for newly added branch

² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals

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

About DAICS®

DAICS^® covers both cryptocurrencies and asset-backed tokens (“ABTs”), to be reviewed semi-annually at the end of June and December. On the cryptocurrency side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data, and 5) Media & Entertainment. These industries are further divided into sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into branches and sub-branches to be introduced in the future.

About the IX Asia Tokenization Advisory Committee and Working Group

The establishment of the IX Asia Tokenization Advisory Committee (“Advisory Committee”) is to pursue the goal and vision of formulating a standard for a global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guidelines and references for tokenization in terms of infrastructure, business, financial stability, sustainability, internal control, and classification. The Advisory Committee is comprised of industry-recognised leaders from blockchain consultancy, sustainable projects, and the field of the Art industry.

The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects.

For more information about IX Asia Tokenization Advisory Committee & Working Group, please visit https://ix-index.com/tokenization-committee.html.

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).

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).

Dedicated to Empowering Local Startups and Fostering Hong Kong’s I&T Ecosystem

HONG KONG SAR – Media OutReach Newswire – 17 December 2025 – SUNeVision Holdings Ltd. (“SUNeVision”, SEHK: 1686), the largest data centre provider in Hong Kong and the technology arm of Sun Hung Kai Properties Limited (“SHKP”), announced the launch of the third chapter of its Startup Programme. SUNeVision is strengthening its efforts to empower startups by providing robust digital infrastructure and collaborating with leading technology partners to create a broader platform for emerging innovators. This initiative underscores the company’s steadfast commitment to advancing Hong Kong’s innovation and technology landscape.

The SUNeVision Startup Programme aims to offer technological resources and mentorship support to help startups grow and scale at every stage of development, while unlocking the potential of AI and enhancing their market edge. The new cohort is now accepting applications from high-calibre startups specialising in key sectors, including Artificial Intelligence (AI), BioTech, FinTech, GreenTech, HealthTech, Smart City, and other emerging technologies. The programme is open for applications until 10 February 2026 and will support 10 candidates in each cohort.

Shortlisted companies will receive SUNeVision Credits valued at up to HK$160,000, redeemable for support services offered by SUNeVision and the programme partners. The initiative equips startups with a solid digital foundation to deploy and scale AI‑driven applications within SUNeVision’s hyperscale data centre facilities. Participants will also gain access to a vibrant ecosystem of more than 300 technology and business partners, service providers, and key stakeholders. The programme further supports startups in strengthening their presence in the Greater Bay Area and driving expansion across Asia-Pacific region. An array of tailored support, tools, and mentorship will be provided by the programme partners, covering:

• Angelflow: Syndicate technology infrastructure
• Dataplugs: Internet and managed hosting
• Finda Cloud: Value-added cloud service and SaaS
• Nexusguard: DDoS protection and cybersecurity
• SUNeVision: Data centre colocation and hosting
• Sustainable SmartTech Ventures: AI-powered smart building management technologies
• the Hive.: Co-working space
• Votee AI: Authentic Cantonese translation
• WeExpand: Agentic AI services for sales and marketing automation

The Startup Programme has cultivated standout innovators from last year’s cohort, including DeepTranslate and Sustainable SmartTech Ventures (SSV), both recognised for their groundbreaking solutions. DeepTranslate, which combines AI translation with human expertise to deliver financial translation, leveraged SUNeVision’s low-latency network to achieve near-perfect accuracy and faster turnaround times for its customers. SSV, a specialist in intelligent building management technology, deployed its AI applications at SUNeVision’ data centre, enhancing its AI models to produce high-capacity rendering. This advancement has enabled SSV to attract new enterprise customers across the construction sector.

Helen Lo, Executive Director & Director, Commercial at SUNeVision, said, “We are delighted to launch the Startup Programme for its third edition, driven by our mission to nurture high-potential and homegrown startups. We aim to create an all-encompassing platform that empowers visionary innovators to thrive, providing the advanced infrastructure and supportive ecosystem they need to transform bold ideas into real-world impact. We remain committed to accelerating innovation and injecting vitality into Hong Kong’s technology ecosystem.”

To learn more about SUNeVision Startup Programme, please visit our website.

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About SUNeVision

SUNeVision (SEHK: 1686), the technology arm of Sun Hung Kai Properties (SEHK: 0016), is the largest data centre provider in Hong Kong. We provide industry-leading carrier and cloud-neutral data centre services with Asia’s number one connectivity. We connect providers of telecommunications, cloud, ISP, CDN, OTT from local, mainland China and global with enterprises of different businesses on our Asia leading data centre ecosystem.

SUNeVision forms MEGA Campus by extending the connectivity edge from highly connected MEGA-i to other high-tier data centres, including MEGA Gateway, MEGA IDC, MEGA Plus and MEGA Two. Facilities on MEGA Campus are interconnected through a dedicated dark fibre network and around 15,000 cross-connects. Together with City PoPs of major submarine cables in our facilities, we enable our customers for direct connections to multi-cloud platforms and multi-cloud exchanges with the best connectivity in town. The addition of cable landing stations HKIS-1 and HKIS-2 to our data centre portfolio will provide a one-stop-solution to cable owners and users, strengthening our position as the leading connectivity hub in Asia. We are committed to supporting Hong Kong as a regional information hub and a strategic gateway to mainland China.

For more information, please visit SUNeVision’s website, LinkedIn or WeChat.

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