Hong Kong Trade: HKSAR exports jumped 53% year on year to HK$667.9bn in August, driven by strong demand for AI-related electronics, while imports rose 60% to HK$739.1bn, widening the goods trade deficit to HK$71.2bn. US-China Summit Watch: China and the US said they’re maintaining communication on arrangements for heads-of-state interactions within the year as markets weigh the Trump–Xi meeting; investors also stayed nervous about bonds and oil. F-35 Diversion Probe: Reports say sensitive F-35 components diverted via Hong Kong ended up in China’s possession, prompting US and Australian investigations and raising security concerns for the city’s role in global logistics. AI & Finance Compliance: Morgan Stanley faced fallout after an employee’s accidental email leaked an Asia deal pipeline; separately, Hong Kong continues pushing yuan and tokenized finance plans, including a yuan trading timeline and pilots for tokenized Exchange Fund Bills. Health & Tech Business: HKUST unveiled a liquid-metal wearable patch for at-home cardiorespiratory monitoring, while US regulators backed a multi-cancer blood test—Hong Kong doctors remain cautious. Corporate Moves: Alibaba Cloud plans new data centre regions including Hong Kong as it scales AI infrastructure; RedotPay secured its first US lending licences. Energy & Industry: China’s ultra-large offshore wind project in Guangdong entered full operation, with Greater Bay Area green power in focus.