AGP Executive Report
Last update: 8 hours agoFuel Smuggling: Hong Kong arrested nine people and seized more than 30,000 litres of illicit fuel in September as high petrol prices fuel cross-border smuggling; officials warned that modified vehicles pose fire and explosion risks. Hong Kong Football: Former Manchester City star David Silva, 40, is returning from retirement on a short-term deal with Supreme Sha Tin, with his first appearance expected in November. Regional Security: Taiwan indicted four people over alleged surveillance of a lawmaker and his family for two Hong Kong residents, calling the operation transnational repression. Business: Hong Kong-listed ANTA Sports completed a €1.51 billion purchase of a 29.06% stake in PUMA, becoming the German brand’s largest shareholder. Economic Standing: Hong Kong retained its top spot in the Fraser Institute’s ranking of the world’s freest economies, placing first for international trade freedom. Hiring Policy: Employers offering annual remuneration of at least HK$2 million can bypass proof of unsuccessful local recruitment; housing allowances and other benefits count toward the threshold.
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