AGP Executive Report
Last update: 11 hours agoWealth & Succession: Lombard Odier says Hong Kong’s private wealth business is shifting from “growth” to preservation and orderly transfer, citing 3%+ H1 2026 growth and Hong Kong’s rise as a top cross-border wealth centre—while warning that family succession plans often fail at the communication stage. Catholic Milestone: Trappist Father Benedict Chao, the world’s oldest Trappist monk at 108, has died at a monastery on Lantau Island. AI Deal Fallout: Manus says it will resume as an independent company after Beijing blocked Meta’s $2b acquisition, with some user data to be deleted to comply with local rules. Local Tech & Markets: TVB shares jumped after it plans an AI computing joint venture; JD.com slid nearly 3% in Hong Kong as foreign investors trimmed tech exposure ahead of earnings. Transport Pilot: Hong Kong’s Transport Department issued a licence for an autonomous vehicle trial linking West Kowloon and Kowloon Station areas. Public Health Warning: Researchers urge governments to treat marine heatwaves as a public health threat, saying current systems are “silent” while impacts spread to storms, shellfish and mental health.
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