Group 1: Government Policy and Market Development - The Hong Kong government is set to release the 2025 Policy Address, with recommendations to introduce fractional share trading to lower entry barriers for investors and enhance market liquidity [1] - There is a proposal to extend trading hours, particularly by adding night trading sessions, to better meet global investor demands and strengthen Hong Kong's position as an international financial center [1] - KPMG supports the government's continued efforts to deepen policies that attract market forces to develop the Northern Metropolis as a new engine for Hong Kong's future growth [1] Group 2: Infrastructure and Regional Development - KPMG highlights the importance of infrastructure planning and the exploration of "district development" models to provide a solid foundation for the efficient development of the Northern Metropolis [1] - The Northern Metropolis is expected to become a core hub in the Guangdong-Hong Kong-Macao Greater Bay Area, releasing greater potential for economic growth [1] Group 3: Innovation and Technology - KPMG advocates for policies that favor the development of innovation and technology, emphasizing the role of AI as a core driver for industry upgrades in finance, healthcare, and logistics [2] - The firm suggests that enhancing talent strategies is crucial for supporting Hong Kong's innovation and economic development, with a focus on attracting global talent and improving local workforce capabilities [2] Group 4: Tourism and Cultural Development - KPMG supports the government in implementing more measures to stimulate tourism and attract visitors, highlighting the success of the Kai Tak Sports Park as a new landmark for events [3] - The firm anticipates that the upcoming Policy Address will include specific measures to leverage Hong Kong's unique resources to enhance its appeal as an international tourist destination [3]

Group 1 - Coking coal futures rose approximately 1.4% in the night session [1] - Other commodities such as caustic soda, coke, glass, iron ore, rebar, hot-rolled steel, and soda ash saw increases of up to 1% [1] - In contrast, soybean meal, palm oil, soybean oil, asphalt, and fuel oil experienced declines of up to a certain percentage [1] Group 2 - Styrene, methanol, and LPG recorded declines of up to 1.8% [1] - Pulp prices fell by approximately 3.1% [1]