AGP Executive Report
Last update: 10 hours agoAI Listings: Chinese AI firms MiniMax and Zhipu are preparing Shanghai listings after their Hong Kong IPO momentum, as heavy compute and R&D spending keeps pressure on model makers. Sports & Branding: NBA star Stephen Curry signs a long-term shoe and apparel deal with Li Ning, a high-profile China tie-up that could boost the brand’s overseas push. Aviation & Costs: Airlines in China and Hong Kong face renewed jitters after Russia temporarily bans aviation fuel exports, raising worries about jet-fuel costs. HK Connectivity: Hong Kong will relaunch direct flights to Kazakhstan’s Almaty in Q1 2027, with tax treaty talks also on the agenda to deepen Central Asia business links. Digital Finance: Macau banks join Project mBridge, enabling central bank digital currency settlement via a cross-border platform. Markets: Asian trading stayed mixed amid Middle East uncertainty; Hong Kong’s Hang Seng rose while regional peers swung lower. Wealth & Regulation: Hong Kong banks say mainland insurance demand is unaffected by a crackdown on illegal cross-border investments, despite account-opening suspensions. Healthcare Deals: Haisco and Eli Lilly ink a USD3bn R&D collaboration, while Santhera gains South Korea orphan-drug and fast-track designations for AGAMREE in Duchenne muscular dystrophy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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