Top Court Ruling: Hong Kong’s Court of Final Appeal has rejected a challenge to the law banning calls for election boycotts, saying the restriction is needed to counter “organised campaigns” undermining the “patriots-only” system. Finance & Markets: Beijing signalled it will back Hong Kong’s offshore yuan push, with CSRC chair Wu Qing saying yuan-denominated treasury bond futures could be offered soon; meanwhile, six firms launched Hong Kong offerings totalling up to HK$19.8b, as IPO activity stays buoyant. Tech IPO Watch: Xiaohongshu (RedNote) is lining up a Hong Kong IPO with Goldman Sachs and CICC, targeting a valuation above $70b, while Zhongji Innolight eyes a listing that could raise up to $7b. Crime & Courts: Filmmaker Raymond Wong has started serving a five-month jail term for insider trading after giving up bail. Public Health & Safety: Hong Kong Customs seized about $150,000 worth of suspected anti-obesity injection vials containing poisons; the Hospital Authority also announced 15 family medicine clinics will run on the Tuen Ng holiday. Business & Legal Appointments: Ince & Co hired Deacons veteran Kwok Kit Cheung as a senior consultant, strengthening its construction litigation and arbitration bench.