Harvest Hang Seng Consumption ETF(520620.SH)

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The GDP of Hong Kong is estimated to have increased by 3.8% year-on-year in the fourth quarter of last year, with an annual increase of 3.5%, exceeding expectations

The Hong Kong Census and Statistics Department released its GDP estimates for the fourth quarter and the entire year of 2025, showing that the GDP in the fourth quarter increased by 3.8% year-on-year, and the annual growth was 3.5%, both exceeding market expectations. Private consumption expenditure, government consumption expenditure, and gross fixed capital formation all experienced varying degrees of growth. Goods exports and imports recorded real increases of 15.5% and 18.4% in the fourth quarter, respectively. Service output and input also achieved growth, indicating significant economic growth in Hong Kong in the fourth quarter of 2025

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HK
00HSI
-2.08%
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HK
00HSI
-2.08%

Wynn Resorts settles in Ras Al Khaimah, the fourth largest emirate in the UAE; local business community expects a significant increase in companies and tourists

Ras Al Khaimah in the UAE introduces a $5 billion Wynn Resorts project, which is expected to significantly increase the number of international travelers and businesses. The local GDP is $12 billion, with tourism and manufacturing accounting for 27% and 5%, respectively. The goal is to attract 3.5 million travelers by 2030, requiring an increase of 22,000 hotel rooms. Ras Al Khaimah's free trade zone attracts businesses from the Middle East and Asia, with relatively low housing prices attracting foreign capital and investors. An estimated 45,000 housing units need to be built to meet demand

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Breakfast | The three major indices showed mixed results, Microsoft’s AI spending sparked concerns, and its stock price plummeted by 10%

The three major indices showed mixed results, with Microsoft's AI spending sparking concerns, causing its stock price to plummet by 10%, marking the largest single-day drop since 2020; Bitcoin fell by 6%, and Ethereum dropped over 7%, falling below $2800

Wallstreetcn·
Wallstreetcn·

The government promotes the "Innovation and Technology Accelerator Pilot Scheme" with a funding cap of HKD 30 million. The application period is until April this year

The government has launched the "Innovation and Technology Accelerator Pilot Scheme," with a funding cap of HKD 30 million, and the application period is until April 30, 2026. The scheme aims to attract professional startup service organizations from both domestic and overseas to establish accelerator bases in Hong Kong, providing support to promote the development of startups. The government will match funding at a ratio of 1 to 2, and the review committee will assess the applicant organizations based on their experience, operational models, and other factors

AASTOCKS·
AASTOCKS·

Xie Zhanhuan: The goal is to issue the first round of permits for dogs to enter restaurants by mid-year to help the industry explore business opportunities

The Director of the Environment and Ecology Bureau, Xie Zhanhuan, stated at the Legislative Council meeting that the goal is to approve the first round of applications allowing dogs to enter restaurants by mid-year to help the industry explore business opportunities. At the same time, the Food and Environmental Hygiene Department will work with various government departments to expedite the approval of outdoor seating applications for restaurants. In addition, Xie Zhanhuan emphasized the promotion of the local food industry development, deepening cooperation with the mainland, and enhancing the competitiveness of agricultural and fishery products

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AASTOCKS·
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