AGP Executive Report
Last update: 8 hours agoHong Kong Markets & IPO Buzz: Fast-fashion giant Shein made its long-awaited Hong Kong debut after a $1.7bn IPO, but shares slid as much as 10% early on amid growth and regulatory worries, valuing the company around $26.5bn before stabilising. Local Finance & Business: Jollibee is considering a separate Hong Kong listing for its international unit, Jollibee Foods Corp. International, as it plans to spin off overseas operations from the Philippines business. Cyber & Public Safety: Judiciary Police reported a HK$7,000 nude chat scam targeting a teenager via Telegram blackmail, while Hong Kong also pushed cybersecurity awareness through campaigns tied to safer tech use. Health & Daily Life: Hong Kong is preparing for the new school term with expanded influenza vaccination access and earlier jabs for students and at-risk residents. Sports & Regional Spotlight: Hong Kong-China sits near the top in the Nomura Cup team event in Beijing, with Philippines players eyeing an end to a long drought. Energy & Global Markets: A global bond sell-off and surging oil prices—linked to US-Iran tensions—kept markets under pressure, feeding into higher borrowing costs.
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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