AGP Executive Report
Last update: 4 hours agoMarkets Watch: Global bond sell-off deepened as oil jumped on US-Iran tensions, pushing yields higher and sending equities lower, with investors bracing for key US data and possible Fed moves. Hong Kong Business: Shein’s long-awaited Hong Kong debut came with a rocky start, shares sliding as much as 10% before stabilising around HK$48.5, valuing the firm near $26.5b and reviving questions over growth and regulatory risks. Policy & Trade: France unveiled fees targeting ultra-fast fashion, aiming to curb Shein and Temu’s cheap, fast output and textile waste—an added cost pressure for the sector. Tech & Infrastructure: A Reuters report highlights “power and cooling” suppliers benefiting from the data-centre boom, as developers chase faster builds amid grid and lead-time bottlenecks. Regional Spotlight: Hong Kong-China will send about 580 athletes to the 2026 Asian Games in Japan, with the delegation set for Sept 19-Oct 4. Corporate Moves: Jollibee is considering a Hong Kong listing for its international unit as it separates overseas operations for further expansion.
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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