Traffic Safety: A 37-year-old man was arrested for dangerous driving after a viral video showed his van swerving dangerously close to a woman in Wong Tai Sin; the woman jumped clear and the van was seized. Power & Climate: A major power-line fault in Indonesia’s Sumatra left millions without electricity, highlighting how weak grid maintenance is colliding with harsher storms across Southeast Asia. AI & Funding: China’s embodied AI keeps drawing big money: DISCOVER Robotics and PokeBot both closed rounds of at least US$100m amid a wider AI investment surge. Hong Kong Education: HKU and CUHK each admitted 12 DSE top scorers, with many choosing medicine; one student said she wants to bring “hope and courage” to society. China Tax Crackdown: Beijing is intensifying a hunt for unpaid taxes on overseas wealth, with banks told to review clients’ offshore holdings. Markets & Aviation: Cathay Pacific posted its best first-half profit since 2010, up 71%, as passenger and cargo demand offset higher jet fuel costs. Hong Kong Capital Markets On-Chain: FORMS HK, Chainlink and partners launched a Tokenized Securities Framework under Cyberport to support issuance and settlement of tokenized securities in Hong Kong. Customs Enforcement: Hong Kong Customs seized about $4m of suspected smuggled goods from a river trade vessel, including suspected pharma, cosmetic injection vials, tobacco and dried geckos. IPO Watch: Moonshot AI is reportedly preparing for a potential Hong Kong IPO after a fresh fundraising push, while Shein targets a $30–$40bn valuation for its August Hong Kong listing.