Belt and Road Summit: Hong Kong kicked off the 11th Belt and Road Summit with more than 6,000 officials and business leaders from 70+ economies, as John Lee said the initiative is a “shared blueprint for the future” and highlighted rising trade and growing company presence in the city. Finance & Markets: China injected 540 billion yuan into major state banks to shore up capital and support lending, though analysts say it may still fall short of what’s needed to revive credit growth. Cross-border payments: Citi is preparing tokenized-deposit services for Japanese corporates to enable instant foreign-currency transfers across time zones, including nights and holidays, linking Japan with Citi hubs including Hong Kong. Oil shock: Brent surged above $100 a barrel on renewed US-Iran tensions, reviving inflation worries and weighing on global stocks. Hong Kong leadership: Tung Chee-hwa, Hong Kong’s first post-handover chief executive, died at 89, with mainland and Hong Kong institutions issuing condolences. Local business & property: Susquehanna agreed to lease additional office space in Central’s Cheung Kong Center II, while CK Asset’s prime-office footprint continues to attract new tenants. Tourism push: The Hong Kong Tourism Board launched “Only in Hong Kong,” a new global campaign built around street-level experiences and local culture. Hong Kong-Bangladesh ties: Bangladesh and Hong Kong signed an investment promotion and protection agreement at the summit, aiming to boost and safeguard bilateral investment.