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During an inspection in Qingdao, Vice Premier Zhang Guoqing of the State Council emphasized advancing AI to empower the entire industrial chain, supporting the development of specialized, refined, distinctive, and innovative enterprises, promoting the digital upgrading of industrial clusters, and strengthening innovation in state-owned enterprises to increase the proportion of funding for basic research.

As the Middle East situation eases, the Hong Kong stock market rebounds rapidly. Geopolitical changes have led investors to adjust their strategies. Futu data shows that in March, the number of options traders and trading volume increased by 15.3% and 25.1%, respectively. More and more Hong Kong investors are viewing options as tools for risk hedging and income enhancement.

U.S. President Trump revealed in an interview with ABC News that there may be a "joint project" with Iran to ensure the security of the Strait of Hormuz, and discussed sanctions and tariff reductions. Vice President Pence described the U.S.-Iran ceasefire as a "fragile truce" and emphasized that the U.S. is prepared to use economic measures but has not taken action for now. The final agreement depends on Iran's sincerity.

Vietnam’s top leader, Su Lin, plans to visit China next week and meet with Xi Jinping. The visit is scheduled from April 14 to 17. This will be his first trip abroad since being elected as the country’s president, with the aim of strengthening Vietnam–China relations and addressing energy security and U.S. tariff pressures.

Social activist Gu Sih Yiu passed away today at the age of 80 due to terminal rectal cancer. In 2012, he successfully ascended to Diaoyu Island, was subsequently detained by Japan, and participated in multiple protests and imprisonments, accumulating 16 criminal records. Gu Sih Yiu primarily advocated for peaceful resistance, hoping to become a martyr for the democracy movement.

Hua Mao Group's Ho Man Tin Station property project Phase IA, Yu Yi · Tian Hai, in collaboration with MTR Corporation, recently sold two units through an auction, generating approximately HKD 63.6 million, setting a new record. One unit was sold for HKD 47.77 million, with an effective price per square foot of about HKD 41,721. The project has sold a total of 715 units, with total sales exceeding HKD 12.1 billion.

Link REIT sells retail property in Singapore for 250 million SGD (approximately 1.54B HKD). Hong Kong stocks surged significantly as Middle East tensions eased, with the Hang Seng Index rising 776 points. The data breach incident at the Hospital Authority led to the arrest of an outsourced developer. Deloitte predicts that Hong Kong will maintain its top three global IPO ranking until 2026. Alibaba reorganizes its AI division, establishing a Technical Committee to accelerate AI development.

Chow Tai Fook collaborates with Lian Sheng New Energy to jointly develop a new energy storage power station project in Finland, with Chow Tai Fook holding a 75% stake. The project has a planned capacity of 30 MW and is expected to be completed in the fourth quarter. This move responds to the demand for renewable energy and grid stability, reflects ESG principles, and lays the foundation for further cooperation.

The Blue Coast project at Aberdeen Wong Chuk Hang Station has just sold a high-floor 4-bedroom unit for HKD 44.0787 million, setting a new record. The buyer is a local resident enjoying beautiful sea views. CK Asset Holdings stated that the demand for luxury homes remains strong and may further increase the bidding indicative price. To date, 1,152 units have been sold in the project, generating over HKD 20.2 billion in cash.

The State-owned Assets Supervision and Administration Commission of the State Council website was updated today, showing the establishment of a new Foreign Investment Department within the SASAC, with Zhu Kai, the former Director of the International Cooperation Department, appointed as the director.
According to the "Institutional Overview" on the SASAC website, the main responsibilities of the Foreign Investment Department are to guide the internationalization of supervised enterprises and optimize their overseas asset layout and structural adjustments, undertake supervision of overseas assets of the supervised enterprises, strengthen risk prevention and resolution related to overseas investment and operations, and handle emergency incidents and crises abroad.
The Foreign Investment Department is divided into the International Business Division, Risk Prevention Division, Supervision and Governance Division, and Emergency Management Division.

Xi Jinping emphasized at the opening ceremony of the Military Senior Officers Training Class that the guiding ideology should be Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, to promote political training within the military, maintain purity and honor, and require cadres to strictly regulate intra-party political life, overcome selfish motives, strengthen awareness of laws and discipline, and prepare for the centennial of the founding of the army.

The Middle East situation has eased, and the United States and Iran have agreed to a conditional ceasefire, prompting a substantial rise in Asia-Pacific stock markets. After Hong Kong stocks resumed trading, they opened higher; the Hang Seng Index posted a clear gain, and the Hang Seng Index closed up 776 points. Technology stocks led the rally, with stocks such as Meituan performing strongly. Total market turnover was 3724.37 billion yuan; some blue-chip stocks saw mixed performance, while oil stocks generally fell.

Samsung Electronics will adjust its China strategy, potentially focusing on mobile phones and storage businesses in the future, while its home appliance business may shift to an agency model. As domestic brands rise, Samsung's share in the Chinese home appliance market continues to decline, and shipments have been suspended.

The United States agrees to suspend military actions against Iran for two weeks. Trump stated that if negotiations do not go well, military operations can be resumed at any time. Vice President Vance indicated that the U.S. has achieved its military objectives and expressed optimism about future agreements. The Iranian President emphasized that the ceasefire is the result of joint efforts by the people and confirmed that Iran will participate in the upcoming talks.

The onshore RMB against the US dollar hit a more than three-year high, closing at 6.8274, up 0.47%. The midpoint also rose to a nearly three-year high, at 6.868. The market sentiment improved as tensions between the US and Iran eased, risk appetite recovered, and the RMB strengthened, which may help boost domestic demand.

Foreign sources citing informed sources reveal that Hong Kong Mortgage Corporation is considering raising up to HKD 12 billion through the issuance of digital bonds, which could become the largest such issuance in history worldwide.
Sources say the company is considering starting to market multi-term bonds denominated in HKD and offshore RMB as early as next month. The issuance size is expected to be between HKD 10 billion and HKD 12 billion. They added that the specific terms are still under discussion and may change.

Tsuen Wan Sea of Love · Love Show Off Block 2B, Middle Floor A, usable area 529 sq ft, 2-bedroom layout, sea view, rented out at HKD 25k per month, with a usable price of HKD 47.3 per sq ft.
Centaline Property states that the tenant is a family who is fond of the prime location of Sea of Love, with a beautiful seaside environment, convenient transportation and lifestyle, and thus decided to rent happily.
The owner purchased the unit in July 2021 for HKD 10 million, holding the property for 5 years, with an approximate rental yield of 3%.

The Tuen Mun Flying Yung Phase 1 project, a collaboration between Cheung Shui and Sun Hung Kai, has just sold a 3-bedroom unit with a usable area of 712 sq ft, at a transaction price of HKD 9.46M, with a price per usable square foot of HKD 13,290. The buyer is a local resident for self-occupancy. To date, the project has sold 765 units, generating over HKD 3.9 billion in cash, with only a few units remaining for sale.

ICAC uncovers that three employees of an Environmental Protection Department contractor are suspected of accepting benefits from waste disposal companies and assisting recyclers in using "fake vehicles" to evade construction waste disposal fees, totaling over HKD 830k. The three defendants today pleaded guilty to conspiracy to commit fraud in the District Court. The case has been adjourned to April 30 for sentencing, and the three individuals have been granted bail during the period.

Chinese Foreign Ministry Spokesperson Mao Ning welcomed the announcements of ceasefire by the United States and Iran, and supported diplomatic mediation efforts by countries such as Pakistan. China advocates resolving disputes through political and diplomatic means, actively promotes peace, and strives for the Strait of Hormuz to resume normal navigation as soon as possible.