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- Hong Kong strengthens position as Asia's leading sustainable fashion hubHong Kong's position as one of Asia's most prominent sustainable fashion hubs has been further strengthened, with the HKTDC ESG Index 2026 released by the Hong Kong Trade Development Council (HKTDC) for the fashion industry rising to 65.5 in 2026, up 2.3 percentage points from 2025. The increase reflects growing industry confidence in Hong Kong as a premier platform for sustainable fashion development and ESG-related business opportunities. The latest findings also highlight the increasing commercial value of sustainability. Among exhibitors offering ESG-related products or services, 61% reported achieving additional profit margins of at least 10%, while 47% of buyers sourcing ESG-related products were willing to pay a premium of 10% or more. The results show that ESG (Environmental, Social, and Governance) is increasingly embedded across the fashion value chain, while businesses recognise its potential to drive innovation, competitiveness and growth. The proportion of fashion practitioners considering ESG essential rose from 85% in 2025 to 92% in 2026, with those rating it "very important" increasing overall from 15% to 23%. This trend was markedly stronger among Chinese Mainland respondents, with 45% of whom regarded ESG as "very important" in business decision-making, representing a significant 27 percentage-point increase compared with 2025. HKTDC Principal Economist (Global Research Team) Alice Tsang, said: "The latest findings show sustainability is becoming an increasingly important commercial driver for the fashion industry. Not only are more companies integrating ESG into their business strategies, but many are also seeing tangible financial benefits. The strong profit margins reported by ESG-related suppliers, together with buyers' willingness to pay significant premiums for sustainable products, demonstrate that sustainability helps create business value. This trend, combined with Hong Kong's strengths in international connectivity, green finance and professional services, reinforces the city's role as a leading sustainable fashion hub in Asia." Hong Kong's ESG ecosystem earns strong industry recognition Hong Kong's strengthening position as a sustainable fashion hub was reflected across all three ESG dimensions. While the overall ESG Index rose to 65.5, all three sub-indices for the fashion industry also recorded gains, with the Environmental Sub-index increasing to 64.3, the Social Sub-index climbing to 67.0, and the Governance Sub-index advancing to 66.1. The results indicate that fashion practitioners increasingly value Hong Kong's strengths in green finance and sustainable investment opportunities, cross-border ESG knowledge exchange and business collaboration, as well as its effective ESG reporting framework and international connectivity. Together, these advantages reinforce Hong Kong's role as a leading platform for sustainable fashion development in Asia. ESG adoption delivers business value In addition to assessing Hong Kong's strengths as a sustainable fashion hub, the research highlights that sustainability is increasingly becoming an integral part of business strategy, product development and sourcing decisions, reflecting both evolving market expectations and emerging business opportunities. Other key findings: The share of fashion practitioners engaged in sourcing or selling ESG-related products and services rose from 33% in 2025 to 46% in 2026. Sustainable supply chain platforms (54%), AI analytics (31%) and supplier collaboration tools (31%) were identified as the most valuable digital solutions that Hong Kong offers for supporting ESG compliance. Respondents cited tools for better transparency and traceability (44%), ESG certification (40%), and ESG audits and risk analysis solutions (28%) as the top three supply chain solutions that Hong Kong offers for complying ESG reporting requirements across complex supply chains. HKTDC Director of Research Bruce Pang added: "Fashion businesses increasingly recognise Hong Kong's unique strengths and solutions, which positions the city as an ideal platform for companies looking to identify sustainable business opportunities, forge international partnerships and navigate evolving global ESG requirements. With events like CENTRESTAGE facilitating the exchange and showcase of innovative and sustainable fashion, Hong Kong is well placed to support the industry's transition towards a more sustainable future." HKTDC advancing sustainable fashion development The HKTDC is committed to promoting sustainable business development through its trade fairs, conferences, market intelligence and business-matching platforms. From Fashion InStyle and NEXT@Fashion InStyle, which drive innovation in sustainable fashion and materials, to CENTRESTAGE, taking place this September, where designers, brands and buyers will explore emerging trends including sustainability and responsible fashion, HKTDC continues to connect industry players with new ideas, partners and opportunities. Beyond fashion, HKTDC advances dialogue on ESG, sustainability reporting and green finance through major conferences and research initiatives, supporting businesses in navigating the global sustainability transition. Reference: Full article of “Very Much in Style: ESG in the Fashion Industry”: https://research.hktdc.com/en/article/MjQwMzc3MzI2NA HKTDC Research website: https://research.hktdc.com/en/ CENTRESTAGE 2026: https://www.hktdc.com/event/centrestage/en Media enquiries: For enquiries, please contact: HKTDC Communication and Public Affairs Department: Christy Lee Tel: (852) 2584 4369 Email: [email protected] Agnes Wat Tel: (852) 2584 4554 Email: [email protected] HKTDC Mediaroom: http://mediaroom.hktdc.com/en About HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
- CITIC Resources' 2026 Interim Net Profit Up 88.3%Companies: CITIC LimitedCITIC Resources Holdings Limited (“CITIC Resources” or the “Company”, together with its subsidiaries, the “Group”; Stock Code: 1205.HK) has announced its unaudited interim results for the six months ended 30 June 2026 (the “Period”). During the Period, the Group capitalised on the opportunities presented by the upward cycle of commodity prices, proactively adjusted its operating strategy, and adopted a proactive approach focused on increasing reserves and production while capturing sales opportunities. As a result, profit attributable to ordinary shareholders of the Company increased by approximately 88.3% year-on-year to approximately HK$0.29 billion. For the oil and gas business, on the basis of its annual production stabilisation and growth targets, the Group optimised its production mix by prioritising the release of production capacity from high-margin blocks to fully benefit from the price upside. The JSC Karazhanbasmunai (“KBM”) oilfield advanced the development of its coastal area while managing the production decline of existing wells, achieving production capacity replacement. Newly drilled wells in the Hainan-Yuedong Block oilfield achieved the highest daily oil production of any new wells in the field in nearly six years. The Seram Block oilfield validated and implemented perforation and water shutoff programmes to tap the remaining oil potential. For the non-oil-and-gas business, under the principle of “control is essential for subsidiaries, exercising of rights is essential for participating interests”, the Group further strengthened its shareholder engagement, deepened its involvement in project management and operational decision-making, actively captured the pricing windows for aluminium, coal and other products, and optimised sales phasing and inventory management to enhance overall value creation. Meanwhile, the Group capitalised on the high share price of Alcoa to optimise its asset structure by reducing its Alcoa shareholding in the first quarter of 2026, realising proceeds of approximately US$366 million. The Group also established a Singapore trading company to fully leverage the geographical advantages of the Singapore platform, continuously expanding trading channels and customer networks, and transferring its oil and gas trading operations to the new entity in an orderly manner. The Group will continue to explore supply chain deployment and diversify trading models, with a view to steadily increasing the revenue scale of its oil and gas trading business. During the Period, the Group recorded revenue of approximately HK$5.07 billion (1H2025: approximately HK$9.38 billion), representing a year-on-year decrease of approximately 46.0%. The decrease was primarily attributable to the sharp reduction in oil and gas trading resources available in the market due to the situation in the Middle East, which significantly heightened transaction uncertainties and prompted the Group to proactively de-risk by reducing its oil and gas trading volume by approximately 60.5% year-on-year. Nevertheless, most of the Group’s segments and investments recorded profits during the Period, and the Group continued to maintain a strong financial position. Benefiting from the cash received from the disposal of a significant portion of its Alcoa shares, the Group’s cash and deposits increased significantly to approximately HK$7.04 billion as at 30 June 2026 (31 December 2025: approximately HK$3.52 billion). As at 30 June 2026, the Group’s total assets amounted to approximately HK$15.97 billion, while net assets attributable to ordinary shareholders of the Company amounted to approximately HK$9.37 billion; the debt-to-asset ratio was approximately 40.3%, and the annualised return on equity was approximately 6.6%. The Group maintained a healthy asset position, ample liquidity and a solid operating foundation, enabling it to effectively navigate market volatility and build up financial reserves in support of its “Investment + Trade” dual-driver development strategy. Mr. Hao Weibao, Executive Director, Chairman and Chief Executive Officer of CITIC Resources, said: “Looking ahead, facing an external environment where opportunities and challenges coexist, we will remain unwavering in deepening our ‘Investment + Trade’ dual-driver development strategy, and systematically advance our work on ‘Upstream Asset Deployment, Trading Business Expansion and Production and Operation Enhancement’. For upstream asset deployment, we will focus on the oil and gas and aluminium industry chains as core areas, actively tracking and prudently screening quality assets with cost competitiveness and resource potential. For trading business expansion, we will focus on the restorative growth of trading volumes and the enhancement of sales prices for equity oil to fully improve our market value conversion capabilities. For production and operation enhancement, we will leverage technological innovation and lean management as dual enablers to systematically enhance the operational efficiency and value contribution of our existing assets. Pursuing organic growth and external expansion in parallel, we will make steady and sustainable progress in a complex and volatile external environment, and remain fully committed to delivering stable and sustainable long-term returns to our shareholders.” For details of CITIC Resources’ 2026 interim results, please refer to the Group’s interim results announcement on the Hong Kong Stock Exchange and the Group’s website. About CITIC Resources Holdings Limited (Stock Code: 1205.HK) CITIC Resources Holdings Limited has been listed on the Hong Kong Stock Exchange since 1997. The principal activities of CITIC Resources include the exploration, development and production of oil and coal, investments in bauxite mining, alumina refining and aluminium smelting, as well as oil and gas trading. CITIC Limited is the largest shareholder of CITIC Resources with an interest of about 59.5%.
- TikTokTikTok LIVE Spotlights Creators at Community Fest Event in Santa Monica, with Special Performance by TinasheCompanies: ByteDanceOn Thursday, August 20, TikTok LIVE brought creators together for the US Regional Community Fest event at the historic Santa Monica Pier to celebrate the power of community and connection. Hosted by @markellwashington1, the event highlighted creators from all backgrounds and interests, spotlighting their journeys on the platform and the global communities they've fostered.Multi-platinum-certified disruptor singer, writer, and dancer, @tinashe closed out the night with a high-energy DJ set that included some of her…
- Solana Unchained Emerges as a Closely Watched Solana Presale Following Product Ecosystem RevealThe expanding decentralized finance landscape on the Solana network is entering a new chapter as capital moves away from purely speculative projects toward ecosystems anchored by functional software. Solana Unchained has quickly positioned itself as a standout participant in this rotation after unveiling its comprehensive product ecosystem. By designing a decentralized environment where native utility tokens are mandatory for powering artificial intelligence modules, retail commerce, and account security protocols, the platform establishes an internal demand loop tied directly to on-chain execution. With Phase 5 of the public presale currently active and less than 3 days remaining before the next scheduled pricing adjustment, market participants are watching the project closely as it scales toward its public market release.
- The Apex InstituteThe Apex Institute Reveals What Hiring Managers Actually Want in Cloud and AI Infrastructure RolesJob seekers spend most of their energy guessing what employers want. The people actually doing the hiring say the answer is simpler than most candidates think. — Hiring managers filling cloud and AI infrastructure roles decide on four things:...
- CLOUDSUFIMillworkSuite Launches AI Estimating and Direct-to-CAD Platform That Cuts Drafting Time in HalfArchitectural PDFs become a priced, CAD-ready scope of work in minutes. Free trials and founder consultations at #C1662, Building C, Level 1, IWF Atlanta, August 25–28. — MillworkSuite today released its AI estimating and direct-to-drafting...
- JWX Launches JWX Content Hub, the Industry’s First Unified Platform for the Post-Search EraJWX Launches JWX Content Hub, the Industry’s First Unified Platform for the Post-Search Era
- AMRYTT MEDIAGenZone Launches Unified Platform for Managing UAE and U.S. Company Formation in a Single AccountGenZone LLC today announced the launch of a unified client platform that allows founders to establish and manage both a United Arab Emirates company and a United States Limited Liability Company (LLC) from a single account. The platform consolidates document storage, compliance deadlines and banking status for both entities into one portal, replacing the separate provider relationships and logins clients previously maintained...
- NewWay SoftwareHour9 Launches AI Automation Agency with Process-First Approach, Challenging Assumption That Businesses Should Maximize AI IntegrationHour9, an AI automation agency based in Somerville, Massachusetts, today announced its launch with a methodology that prioritizes process diagnosis over technology selection - an approach its founder said was shaped directly by early client work in which the majority of projects were better served by traditional automation than by artificial intelligence.Kevin Smida, Founder of Hour9 and a graduate of the University of...
- HmediumMM-ARTech+ Residency Program Officially Launches in ShanghaiAugust 3, 2026, The MM·ARTech+ Digital Arts Residency Program officially launched at "Motion Magic Space" in Shanghai, marking the start of a new international platform for digital art creation, exchange and experimentation.Initiated by Motion Magic, a digital innovation company under Shanghai Media Group (SMG), the program brings together artists from around the world to explore the intersection of art, technology and urban culture. The...
- Hagens Berman Sobol Shapiro LLPDNOW Inc. (DNOW) Investors: October 2, 2026 Lead Plaintiff Deadline in Class Action Lawsuit - Hagens BermanNational shareholder rights law firm Hagens Berman encourages investors in DNOW Inc. (NYSE: DNOW) who suffered substantial losses submit your losses now. A securities class action lawsuit has been filed regarding potential violations of federal securities laws involving DNOW's acquisition of MRC Global Inc. and undisclosed enterprise software integration failures in the merger proxy materials.Lead Plaintiff Deadline: Oct. 2,...
- Rabofund Expands Simulated Trading Offering With Four Evaluation Models Designed for Different Trader ProfilesRabofund, a proprietary trading and trader-evaluation platform operating in a simulated trading environment, is expanding its offering with four distinct account models designed to give traders different ways to approach evaluation and demonstrate their trading performance.