Aviation & MRO: Haeco and China Aircraft Leasing Group (CALC) signed an MOU to set up an aircraft engine maintenance centre in Hong Kong, targeting quick-turn services, engine hospital repair and asset management—aimed at strengthening the city’s aviation hub role. Markets & rates: Asian stocks rebounded after the US Treasury said it will at least double long-term bond buybacks, easing bond-yield pressure; Hong Kong’s Hang Seng rose alongside tech and healthcare-led gains. AI & cloud earnings: Alibaba reported June-quarter results with Alibaba Cloud external revenue growth accelerating to 45% and AI-related product revenue delivering triple-digit growth, as it pushes full-stack AI monetisation. Robotics IPO heat: China’s humanoid robot maker Unitree surged on Shanghai’s STAR Market debut (up about 629% at listing), while the company itself warned the sector is still early and faces technical hurdles—raising the bar for “hard tech” valuations. Local manufacturing pressure: A Hong Kong-funded electronics manufacturer in Shenzhen shut down after shrinking orders and rising costs, highlighting stress on older Pearl River Delta private factories. HKMA scam warning: HKMA urged the public to watch for phishing and fraudulent bank login links, stressing banks won’t send SMS/email links for transactions. HK economy snapshot: Unemployment held at 3.7% (May–July), and July CPI rose 1.7% year-on-year, with relief measures keeping underlying inflation moderate. Trade & enforcement: Hong Kong Customs seized six live endangered turtles at the airport, with follow-up to the agriculture authority. Crypto infrastructure: OSL said USDGO is now listed on Kraken with a USDGO/USD spot pair, aiming to deepen dollar liquidity and simplify institutional access. Property fallout: China’s Evergrande founder was sentenced to life in prison, with heavy fines for fraud—another major marker in the sector’s long unwind.