AI & IPO Watch: DeepSeek is reported to be nearing a $12bn-plus funding round ahead of an early-2027 IPO, while Moonshot AI (behind Kimi) has reportedly closed a final round at a $50bn valuation and is eyeing a Hong Kong listing in Q1 2027. Food & Retail Safety: Hong Kong’s Centre for Food Safety issued a recall for “Baby Bamboo Shoots” (Unionsum Food) sold via HKTV Mall after sulphur dioxide was found but the additive’s functional class/name were not declared. Cross-border Tech Crime: Taiwan prosecutors indicted 10 people for allegedly reselling restricted military-grade chips to Hong Kong for onward delivery to China, seeking up to 10 years for the main defendant. Fintech & Trade Finance: HKMA and Bank Negara Malaysia agreed to deepen cooperation on fintech, tokenisation, stablecoin use cases, and trade-data connectivity (including CargoX). Health & Care Homes: CHP is investigating a cluster of carbapenemase-producing Enterobacteriaceae carrier cases at a Southern District elderly care home, with four residents affected. Energy/Industry Tech: Green Circle Decarbonize said it plans to enter AI data centre cooling with ultra-low energy liquid cooling systems. Markets & Hong Kong: Hang Seng rose 1% to close at 24,280.56 as AI and chip stocks supported regional trading. Tourism & Events: HKTB expanded free Halloween night rides on Citybus sightseeing buses and party trams to six days in October. Public Housing Enforcement: Two PRH residents were jailed for falsely declaring they owned no property, with HD also moving to recover flats.