Aviation & Maintenance: Haeco and China Aircraft Leasing Group (CALC) signed an MOU to set up an aircraft engine maintenance centre in Hong Kong, targeting quick-turn services, engine asset management and hospital repair, with the Transport and Logistics Bureau calling it a boost to the city’s aviation hub role. Crypto & Payments: OSL’s regulated stablecoin USDGO has started trading on Kraken with a USDGO/USD spot pair, aiming to deepen dollar liquidity and simplify fiat-to-stablecoin access for users. Banking Watch: HKMA issued a fresh public warning on bank fraud scams and phishing sites, stressing banks won’t send SMS or emails with embedded links to log in or request passwords/OTPs. Labour & Prices: Hong Kong’s unemployment rate held at 3.7% (May–July), while underemployment edged up to 1.7%; CPI rose 1.7% in July, keeping inflation moderate. Customs Enforcement: Customs seized six live endangered turtles at the airport (about $24,000) and also reported major counterfeit and illicit cigarette seizures, underlining tighter border checks. Corporate Disputes: CK Hutchison began international arbitration against Panama over a ports treaty dispute, seeking more than US$1.5 billion in damages. Market Mood: Asian shares rebounded after US Treasury bond buyback plans eased bond-selling pressure, lifting risk appetite. AI & Business: Alibaba reported June-quarter results with accelerating Alibaba Cloud external revenue growth and continued AI-related product momentum, while Google and OpenAI both pushed deeper into student-focused AI tools. IPO/Tech Hype: Unitree Robotics’ Shanghai debut sent its shares soaring, reigniting investor enthusiasm for humanoid robotics—alongside renewed debate over whether the sector can scale beyond early-stage hype. Retail & Compliance: Shein delayed its Hong Kong debut to September 1 after investor order delays and a valuation reset. Beauty Retail Probe: Opatra London operator Sayles Retail saw a top executive resignation after customs arrested managers over alleged coercive sales tactics.