AGP Executive Report
Last update: 8 hours agoMarkets Mood: Tech-led selloff dragged Asian stocks, with South Korea’s Kospi sliding on chip weakness and reports Apple is in talks to buy chips from two Chinese firms; Hong Kong’s Hang Seng bucked the trend with a rebound. HK Capital Markets: Hong Kong’s IPO pipeline is under pressure as mainland firms wait for CSRC nods, with more than 30 applications at risk of expiring soon; meanwhile, TrueHealth Medical’s HKEX debut surged 217% as the first percutaneous surgical robotics listing. Corporate & Legal: Sullivan & Cromwell hires a Hong Kong capital markets partner from Paul Hastings, while White & Case adds disputes partners in a rebuild of its Hong Kong litigation bench. Policy & Governance: Beijing’s liaison office in Hong Kong is restructured, splitting the Economic Department and expanding district work. National Events: Hong Kong marks the 29th anniversary of the handover with CPC-themed activities, plus a PLA Navy fleet visit featuring Nanning and Hengyang. Cyber & Security: A password-spray campaign tied to LSHIY targeted Microsoft 365, with 81 million login attempts across 64 organisations. Health/Business: HUTCHMED gets conditional NMPA approval for ORPATHYS in MET-amplified gastric cancer.
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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