Hong Kong Economy & Markets: Financial Secretary Paul Chan said Hong Kong’s first-half air passenger traffic rose 11.7% year-on-year to 32.8 million, with visitor numbers up 12% to 31.2 million, as the city pushes more than 100 events in the second half. Policy & Business Climate: Paul Chan also played down risks from US trade policy shifts and interest-rate moves, saying the impact on Hong Kong is “primarily psychological” and manageable through risk controls. Finance & Talent Competition: Singapore is leaning on AI to keep investment managers from moving to Hong Kong, which is reviewing tax incentives for fund managers and family offices—while concerns grow that proprietary trading firms could be excluded. Capital Markets Watch: Transsion (Tecno/Infinix/itel) is advancing toward a Hong Kong IPO, while Nigeria-focused PalmPay is seeking about US$200 million ahead of a potential Hong Kong debut—both bets on whether global investors will price Africa-built tech at scale. Crypto & Trading: Bybit expanded its TradFi-style perpetuals past 200, adding synthetic contracts tied to Unitree Robotics and Moonshot AI. Corporate & Consumer: Want Want’s chairman warned of a “major operational crisis,” prompting a public push for product innovation and lower sugar. Public Sector & Community: Hong Kong will fly flags at half-staff on Tuesday to mourn former premier Zhu Rongji, with the city lowering flags at government sites and border checkpoints. Tech & Safety: Meta is testing an on-device WhatsApp “Scam Alert” feature aimed at spotting AI voice-clone scam patterns without sending message content to servers. Health & Infrastructure: CHP reminded the public to take heat-illness precautions during very hot weather; meanwhile, Hong Kong is trialling lightweight concrete standards in roadworks using LD-ECC.