AGP Executive Report
Last update: 11 hours agoCrime Crackdown: Hong Kong police arrested 61 people in a phone-scam crackdown as cases surged 46% year-on-year, with losses reaching HK$720 million in the first five months of 2026. Customs & Drugs: Customs seized 131kg of ketamine worth about $51.4 million, arresting three after an air-cargo inspection at the airport. Border & Smuggling: Two incoming passengers were jailed for importing duty-not-paid cigarettes via the HZMB, with 88,400 cigarettes seized worth about $450,000. US-HK Policy Shift: The US let its Hong Kong national emergency lapse, ending the emergency provisions while keeping other sanctions in place; China welcomed the move as a positive step. Education Pathways: With DSE candidates far outnumbering subsidised university places, the city’s options beyond public universities include subsidised self-financing degree programmes. Tourism Push: Morocco’s tourism office stepped up a campaign in Hong Kong to attract more Chinese visitors, citing rising arrivals and expanding air links. Tech & Business: Shein cleared hurdles for a Hong Kong listing, while HKT plans an ultra-low latency AI data-centre interconnect in support of local AI development. Culture & Community: The 50th Sun Life Hong Kong International Dragon Boat Races brought thousands to Tsim Sha Tsui, adding new anniversary cups and international teams.
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