Hong Kong Logistics & Trade Tech: The Port Community System is expanding Hong Kong’s smart-port push, giving logistics firms cargo tracking and smoother cross-border customs handling on one digital platform, aiming to cut manual work and strengthen the city’s freight role. Mainland Capital Controls: China’s tighter capital controls and a crackdown on cross-border securities activity have hit Hong Kong and London-listed financials, with AIA, HSBC and Standard Chartered among the names pressured as mainland investors face tighter access to offshore accounts. SpaceX IPO Rules: SpaceX’s IPO roadshow is excluding mainland China and Hong Kong investors, with banks told not to accept orders due to US export-control compliance risks tied to sensitive aerospace technology. Cross-Border Markets: Hong Kong investors still can’t subscribe to mainland AI IPOs via Stock Connect because there’s no IPO “connect” feature—highlighting a gap in how the scheme covers new listings. Labour Safety: Hong Kong’s Labour Department issued heat-stress warnings, urging employers to assess risks and adopt measures like rescheduling work, shade and ventilation, and timely water/rest breaks. Regional Trade & Growth: Airport Authority chief Fred Lam says Central Asia could become a strategic logistics hub for Hong Kong as cargo volumes between the city and the region surge nearly fivefold year-on-year, while passenger traffic could recover toward pre-Covid levels. Travel & Border Facilitation: A Hong Kong multi-entry travel permit for non-Chinese residents has made weekend trips to the mainland easier, though some users still report hiccups with recognition at certain immigration checkpoints. Food Safety: Hong Kong’s Centre for Food Safety suspended a licensed food factory after beef and beef congee samples were found to contain sulphur dioxide.