Hong Kong IPO Allocation Shifts Put Issuer Relationships Under Scrutiny
Hong Kong issuers are becoming more involved in choosing IPO investors as strong first-day returns intensify competition for allocations.
Development & Sustainability
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US Companies Commit US$2 Billion to South Korea Chips and Energy
Four US companies have committed a combined US$2 billion to semiconductor, advanced-materials and renewable-energy projects in South Korea.
Singapore Growth Forecast Raised to 5% After Export and Factory Surge
Private-sector economists have raised Singapore’s 2026 economic growth forecast to 5% from 3.5% after unexpectedly strong exports and manufacturing.
China-Singapore Team Claims Starlink Terminal Root Access, Raising Security Questions
Cybersecurity researchers based in Singapore and Shanghai claim they obtained administrative control of a recent Starlink user terminal through hardware attacks.
Hong Kong’s Festival of Connoisseurs Targets High-Value Tourism and Luxury Trade
Hong Kong will launch a luxury exhibition featuring yachts, supercars and other premium categories as it seeks higher-value tourism and business activity.
China’s Factory Floors Become a New Due-Diligence Route for Global Technology Investors
Foreign investors and corporate executives are increasingly visiting Chinese factories to assess advances in artificial intelligence, robotics, batteries and electric vehicles.
Singapore’s 50 Richest Hold US$239 Billion as Technology Fortunes Rebalance
Singapore’s 50 largest fortunes remained worth US$239 billion, masking major shifts between banking-linked wealth and technology-related holdings.
China’s Services PMI Rises to 51.4 as Domestic Demand Supports Growth
China’s services sector expanded faster in August, with the PMI rising to 51.4 as domestic demand improved and the composite index reached 52.1.
ASEAN Manufacturing PMI Holds at 52.3 as New Orders Sustain Expansion
ASEAN factories maintained solid expansion in August as the regional PMI reached 52.3, supported by strong orders despite softer employment and stock levels.
Japan’s Services PMI Climbs to 52.5 as Domestic Demand Offsets Export Weakness
Japan’s services economy gained momentum in August, with the PMI at 52.5 and composite output at 53.5 despite persistent weakness in export demand.