Venture Capital & Public Finance: Hong Kong Investment Corporation (HKIC) says it already “bypassed the J-curve,” earning HK$2.3 billion in 2024 and posting double-digit returns in 2025, as lawmakers weigh a fresh injection into the government-backed venture fund. Macro & Inflation: Finance chief Paul Chan Mo-po told lawmakers Middle East-driven shocks are only “limited” for Hong Kong inflation, citing the city’s service economy and stable mainland supplies, while revising 2026 inflation forecasts upward and rolling out fuel subsidies. Markets & Energy: Oil climbed and Asian stocks firmed as investors tracked US-Iran ceasefire talks and the risk to the Strait of Hormuz; Hong Kong’s Hang Seng also edged higher. Wealth Management Expansion: DBS plans to open 18 new wealth centres across Asia-Pacific by end-2027 (plus 36 upgrades), with Hong Kong among the key markets, betting on face-to-face advisory demand. AI & Listings: Chinese AI startup MiniMax plunged after exploring a Shanghai STAR Market secondary listing shortly after its Hong Kong IPO surge. Cross-border Wealth & Capital Controls: Hong Kong’s insurance boom may cool as mainland visitors face tighter rules for moving large sums across the border to buy policies. SME Trade Support: HKPC and DHL will co-host an SME-focused forum on global expansion, logistics and risk management, citing tariff/customs and delivery costs as top overseas barriers.