AGP Executive Report
Last update: 11 hours agoHong Kong Courts: The Court of Appeal has granted leave for 11 pan-democratic activists to appeal their national security subversion convictions to the Court of Final Appeal, certifying five major legal issues, including how “unlawful means” and “subversive intent” should be interpreted under the 2020 national security law. Digital Yuan & HK Finance: China’s central bank has set out a 2026-2030 plan that puts the digital yuan (e-CNY) at the centre of financial infrastructure, with cross-border ambitions that also reinforce Shanghai’s hub role and Hong Kong’s positioning. Tech & Markets: Moore Threads says it plans an offshore share issuance and a Hong Kong listing, as China’s chip push faces heavy capital needs and tighter U.S. export controls. IPO Watch (Robotics): AgiBot has overtaken Unitree in H1 humanoid robot shipments, taking 44% global share on record sales—just as Unitree’s IPO subscription opened in Shanghai. Retail & Trade: Shein’s advisers are pitching a Hong Kong IPO valuation below $30b after U.S. de minimis changes hit its model; the company also reported a Q1 net loss. Weather Disruption: Typhoon Dolphin has forced evacuations of over a million people in eastern China and cancelled hundreds of flights, with flooding and major travel disruption reported around Shanghai and Zhejiang.
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.