Northern Metropolis Push: HKICPA is urging the government to add tax incentives for Northern Metropolis start-up investors and improve the stock listing regime, as the city prepares its first five-year plan. Northern Metropolis Delivery: AtkinsRéalis–Arup won a Hong Kong development consultancy role covering Hung Shui Kiu/Ha Tsuen and Lau Fau Shan phases, including transport links and Smart/Green Mass Transit System provisions. Hydrogen Trials in Construction: Hong Kong approved another hydrogen fuel technology trial at a Central construction site, using metal hydrogen energy storage to power a meeting room—adding to a growing hydrogen test portfolio. Energy and Trade Pressure: With the Strait of Hormuz expected to stay closed until US conditions are met, oil prices are climbing and markets are reacting, including a knock-on hit to Hong Kong equities. Stablecoin Infrastructure in HK: HashKey and partners are testing the HKDAP Hong Kong-dollar stablecoin for insurance payments, while broader stablecoin “distribution” competition is shifting from issuing tokens to building merchant and consumer reach. Robotics IPO Watch: SEER Robotics reported a sharp jump in overseas revenue after its Hong Kong listing, highlighting HK’s continued pull for robotics and AI hardware firms. Tourism and Consumer Events: Hong Kong visitor arrivals rose 11% in the first seven months, with the Hong Kong Wine & Dine Festival set for late October into a citywide month of dining promotions. Cybercrime Alert: Operation ASTERIX used vishing and fake crypto wallet apps to steal seed phrases, with Rapid7 tracing large-scale targeting that included Hong Kong-linked numbers.