Group 1 - The company Wanshun Technology Industrial Group Limited has entered into a sale agreement to sell 1% of the registered capital of Shenzhen Wanshun Jiao Che Yun Information Technology Co., Ltd. to Gallant Empire Limited for a total consideration of HKD 34.874 million, to be settled through the issuance of consideration shares [1] - This acquisition aligns with the company's strategic goals of diversification and growth, allowing entry into the ride-hailing industry, which is part of a broader diversification strategy beyond existing business operations [1] - The investment is expected to facilitate deeper collaboration, knowledge transfer, and cross-industry synergies as the company gains a better understanding of the industry and expands the ride-hailing platform's operational scale [1] Group 2 - The investment, although small, positions the company in a highly innovative and scalable industry with global potential [2] - The company anticipates benefits from future collaboration opportunities, potential synergies, and increased brand exposure within the digital economy ecosystem [2]

Core Insights - The Hong Kong Financial Development Council (FSDC) released its report for the fiscal year 2024/25, focusing on key areas of financial development including asset and wealth management, green and sustainable finance, fintech, and global market connectivity [1][2] - The report highlights the need to enhance liquidity and efficiency in Hong Kong's capital markets, solidify its position as a leading global insurance hub, and promote the internationalization of China's carbon market [1] - Since its establishment in 2013, the FSDC has proposed 266 policy recommendations, with 193 (73%) followed up by the Hong Kong SAR government, demonstrating its influence in shaping the financial ecosystem [1] Group 1 - The FSDC aims to respond to profound changes in the global financial landscape, including trade routes, capital markets, wealth flows, and rapid technological advancements [1] - The council emphasizes Hong Kong's unique advantages, including its close ties with mainland China, robust legal framework, and free market policies, positioning it to expand international connections and attract global talent [1] - The FSDC's Executive Director stated that the achievements reflect a strong commitment to enhancing Hong Kong's financial services sector through policy research, strategic partnerships, market promotion, and talent development [2] Group 2 - The FSDC plans to continue building on its achievements to address new challenges and create a sustainable and resilient financial future [2]

Core Viewpoint - Cathay Pacific Group has inaugurated its Shenzhen IT office, marking its third IT office in the Guangdong-Hong Kong-Macao Greater Bay Area, following those in Hong Kong and Guangzhou [1][3]. Group 1: Office Establishment and Purpose - The Shenzhen IT office will focus on global system development, quality assurance, and technical support, while also concentrating on digital solutions for the mainland Chinese market [3][4]. - The establishment of the Shenzhen IT office signifies a deepening collaboration among Hong Kong, Guangzhou, and Shenzhen, aligning with Cathay's strategy of being rooted in Hong Kong, backed by the mainland, and connected to the world [3][4]. Group 2: Office Features and Innovations - The Shenzhen IT office is the largest in mainland China for Cathay Group, equipped with advanced facilities and a smart office environment, including the group's first "innovation space" for technology research and development [3][4]. - Several innovative products were showcased, such as a modular meal cart for waste sorting during flights and virtual reality training for cabin crew, enhancing learning experiences and operational efficiency [3][4]. Group 3: Future Plans and Investments - Cathay Group plans to expand its digital and IT team in mainland China to over 200 people by the end of 2025, doubling the size from the end of 2024 [4]. - The group will invest over HKD 3 billion annually in technology research and digitalization to enhance operational efficiency and customer experience, further solidifying its leadership in aviation technology [4].

Core Viewpoint - The article discusses the recent performance of Cloudflare and Zscaler, two leading companies in the cloud security and infrastructure sectors, highlighting their stock price increases and the factors driving their growth in a favorable economic environment [3][5]. Group 1: Cloudflare - Cloudflare's stock has risen approximately 73% year-to-date, currently priced at $186.43, nearing its historical high of $221.64 from November 2021 [8][9]. - The increase in Cloudflare's stock price is attributed to the growing demand for network security and performance optimization solutions, as well as the company's strong position in cloud security and network infrastructure [11]. - Cloudflare's edge network can handle 57 million HTTP requests per second, and its customer base is expanding due to the acceleration of digital transformation across various industries [11]. - The market is particularly optimistic about Cloudflare's zero-trust security suite and AI inference tools, which enable businesses to run large language models closer to users [11]. - Future growth is expected to be supported by increasing network threats, accelerated global digital transformation, and ongoing innovations in AI security tools [11]. - Despite a high valuation with a projected price-to-sales ratio of 30.9, Cloudflare maintains a strong fundamental position and competitive advantages in AI and network security [13]. Group 2: Zscaler - Zscaler's stock has increased approximately 71% year-to-date, currently priced at $308.46, and is about 18% lower than its historical high of $376.11 from November 2021 [15][18]. - The surge in Zscaler's stock price is driven by enterprises moving away from traditional firewalls to AI-based zero-trust models, significantly increasing demand for its cloud-native security platform [17]. - Zscaler has formed strategic partnerships with major cloud service providers like Amazon AWS and Google Cloud, enhancing platform integration and competitive advantage [17]. - The company is also benefiting from stricter data protection regulations and the rising threat of ransomware, which present growth opportunities [20]. - Zscaler is actively investing in AI and machine learning technologies to enhance threat detection capabilities and is expanding its business in emerging markets [20]. - Both Cloudflare and Zscaler are capitalizing on the ongoing competition in the network security sector, although their current valuations are slightly high [22].

Core Insights - Deloitte hosted the "Deloitte Digital Day 2025," gathering over 500 business leaders, AI experts, and tech representatives to explore the potential of AI across various industries [1] - Deloitte announced a partnership with the University of Hong Kong to establish the "Deloitte × HKU Organizational Transformation AI Lab," aimed at bridging AI research with practical business applications and accelerating digital transformation [1][2] - The AI lab will focus on collaborative academic research, developing AI-driven industry applications, and enhancing communication between academia and industry to facilitate the implementation of AI technologies in local enterprises [1][2] Industry Developments - The application of AI is accelerating globally and locally, reshaping business operations in finance, operations, marketing, and cybersecurity [1] - The emergence of Agentic AI signifies a mature phase in AI development, evolving from task automation to intelligent agents capable of making decisions and coordinating complex end-to-end business processes [1] - Cross-industry collaboration is deemed crucial for advancing Hong Kong's AI development, fostering partnerships among business, academia, and tech leaders to drive transformative innovations [2] Academic Collaboration - The collaboration between Deloitte and HKU combines industry leadership with academic expertise to assist enterprises in their AI transformation journey, enhancing operational efficiency and expediting enterprise-level deployment of AI solutions [2] - The partnership aims to create a blueprint for future enterprises, leveraging Deloitte's experience in industry transformation and HKU's world-class research capabilities [2] - The AI lab is expected to act as a catalyst for converting cutting-edge AI research into impactful commercial applications, aiding businesses in achieving deep transformations [2] AI Applications - The event featured over 20 leading tech companies showcasing innovative AI applications across various sectors [2] - Twilio's Asia Pacific Director highlighted how businesses can leverage AI for demand forecasting, efficient problem resolution, and personalized interactions, transforming customer experiences [3] - AI is anticipated to foster closer, more humanized relationships between brands and consumers in the digital age [3]

Core Viewpoint - The company, Café de Coral, has issued a profit warning indicating a projected net profit decline of up to 30% for the fiscal year 2025, primarily due to changing consumer behavior, intensified price competition, and overall economic conditions [2]. Group 1: Financial Performance - For the fiscal year 2025 (April 1, 2024, to March 31, 2025), the company expects a net profit of at least HKD 35.49 million, reflecting a year-on-year decrease of no more than 30% [2]. - The net profit decline for the first half of fiscal year 2025, ending September 30, 2024, was reported at 57.26% [2]. Group 2: Strategic Responses - The company has implemented comprehensive measures to address challenges, including targeted promotional activities, time-specific price discounts, and the development of innovative products [2]. - Efforts to improve operational efficiency include enhancing supply chain and productivity, strategically adjusting the store network, and undergoing digital transformation to optimize customer experience [2]. Group 3: Market Presence - Café de Coral was established in 1972 and listed on the Hong Kong Stock Exchange in 1991, with a focus on the Hong Kong and Guangdong markets after exiting the northern China market due to poor performance [3]. - As of September 30, 2024, the company operates 149 Café de Coral fast-food restaurants and 10 specialty restaurants in Hong Kong, while maintaining 23 fast-food outlets in mainland China, a decrease of one since March [3].

Group 1 - A Swiss delegation, consisting of over 25 representatives from academia and private institutions, arrived in Hong Kong on May 10 for a week-long visit aimed at promoting international partnerships and expanding bilateral exchanges, with a focus on understanding the innovation ecosystem in Greater China [1] - The first stop of the Swiss delegation was a seminar in Hong Kong on May 12, organized by the Swiss Digital Security Alliance, themed "Hong Kong - Gateway to China and Asia," which focused on digital transformation, cybersecurity, and cross-border investment in the era of artificial intelligence [1] - Hong Kong's Acting Director of Investment Promotion, Liu Zhi Yuan, highlighted the advantages of Hong Kong for international tech companies, emphasizing its potential as a partner for Switzerland in various sectors including life sciences, deep tech, fintech, education, and creative industries [2] Group 2 - Liu Zhi Yuan noted that the recent passage of the new Computer Systems Security Law enhances the protection of critical infrastructure in Hong Kong, allowing businesses to operate in a safer environment and boosting confidence [2] - The introduction of the Greater Bay Area standard contracts facilitates the secure and efficient transfer of personal data, promoting cross-border collaboration and seamless development of digital services [2] - Franz Grüter, Chairman of the Swiss Digital Security Alliance, stated that the visit aims to establish sustainable cooperative relationships, highlighting Hong Kong's strategic value as a connection point between international and Chinese markets for Swiss enterprises [2][3] Group 3 - The Hong Kong Digital Policy Office shared insights on the development of digital infrastructure and AI ecosystem policies, emphasizing the need for policy innovation alongside technological upgrades in the digital age [2] - The seminar included panel discussions led by industry experts from Thales, Swire Coca-Cola, and the Hong Kong-Shenzhen Innovation and Technology Park, focusing on cybersecurity challenges in the AI era [2] - The Hong Kong Investment Promotion Office plans to actively collaborate with the Swiss Consulate General, the Hong Kong Swiss Chamber of Commerce, and other relevant institutions to support Swiss enterprises in expanding their business in Hong Kong [3]

領航醫藥及生物科技有限公 司 （於開曼群島註冊成立並於百慕達存續之有限公 司） （股份代 號：399） 內幕消息 業務更新 本公告乃由領航醫藥及生物科技有限公司（「本公司」，連同其附屬公司統稱「本 集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)條 以及香港法例第571章證券及期貨條例第XIVA部之內幕消息條文（定義見上市 規則）而作出。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 INNOVATIVE PHARMACEUTICAL BIOTECH LIMITED 此計劃符合全球數碼轉型趨勢，並提供機會令本集團的收益來源更多元化，同 時提升在新興行業的競爭地位。 資金及管理 為支持該計劃，本公司可能透過不同方式籌集資金，包括配售，以及向股東或 財務機構借貸。本公司亦可能擴大董事會及高級管理層團隊以納入合資格人 士以確保新項目的成功。 前景及管理層觀點 本公司董事（「董事」）會（「董事會」）欣然提供本集團業務計劃的最 ...