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From Product Exports to Global Standards: Feng Xingya Outlines the Next Stage of China’s Auto Globalization

BEIJING, March 7, 2026 /PRNewswire/ — During the 2026 China’s Two Sessions, Feng Xingya, a deputy to the National People’s Congress and Chairman of GAC Group, presented several proposals focusing on high-quality industrial development, the global expansion of China’s automotive industry, and social wellbeing. Among them, the concept of “standards going global” attracted particular attention. Feng emphasized that as Chinese automakers expand internationally, they should not only export products and technologies, but also participate in the development of international standards and regulatory frameworks, thereby strengthening China’s voice in the global automotive industry.


As global markets become increasingly complex, with rising technical barriers and diverse regulatory systems, Feng proposed establishing a comprehensive compliance support framework to assist Chinese automakers in overseas markets. He also called for closer alignment between Chinese standards and international systems, along with stronger coordination among domestic enterprises to enhance standardization.

At the corporate level, GAC continues to strengthen its global competitiveness through technological innovation and organizational transformation. Under its “ONE GAC 2.0” strategy, the company is accelerating the coordinated expansion of its industrial chain, ecosystem partnerships, and digital capabilities in overseas markets. In early 2026, GAC’s international business maintained strong momentum, with overseas sales increasing by 69% year-on-year in January and 114% in February. Cumulative overseas sales for the first two months rose by 86%, reflecting the company’s accelerating global expansion.

Regionally, GAC’s overseas growth has been broad-based. The Asia-Pacific region recorded a 130% year-on-year increase in sales during the first two months, with strong performance in markets such as Singapore, Indonesia, and the Philippines. The Middle East region saw particularly rapid growth, with cumulative sales rising by 282%, driven by demand in markets including Saudi Arabia and the United Arab Emirates. In Europe, channel operations continue to strengthen, with steady growth in markets such as Greece, while GAC’s presence in the Americas is expanding steadily.

Through coordinated progress in products, technologies, and ecosystem development, GAC is gradually evolving from product exports to a more comprehensive model of global operations and participation in international standards, contributing to the continued advancement of China’s automotive industry in the global value chain.

GAC Chairman Highlights “Standards Going Global” to Drive High-Quality Overseas Expansion

BEIJING, March 7, 2026 /PRNewswire/ — At China’s annual Two Sessions, Feng Xingya, Chairman of GAC Group, proposed promoting “standards going global,” drawing significant attention from the country’s automotive and foreign trade sectors. The proposal highlights the need for China’s auto industry to strengthen its global competitiveness by improving regulatory alignment and building stronger compliance capabilities in overseas markets.


The initial stage of China’s automotive exports focused largely on delivering vehicles abroad; the next phase will require deeper integration into international markets. Automakers now face increasingly complex regulatory environments, including evolving requirements related to safety, environmental protection, and software systems and data governance. Differences in certification procedures and technical standards across markets can significantly increase the time and cost required for companies to introduce new models overseas.

Feng’s proposal calls for building a more systematic compliance and standards framework to support overseas expansion. Key measures include establishing shared compliance service systems for the industry, promoting the alignment of Chinese standards with international rules, and encouraging greater coordination among companies to reduce duplicated certification processes and lower market-entry costs.

GAC’s internationalization strategy reflects this approach. Under its “One GAC” strategy and “ecosystem-driven globalization,” the company has expanded localized manufacturing and supply chains in overseas markets. GAC has established KD plants in five countries, while strengthening sales, service and energy-support networks to support sustainable long-term growth abroad.

GAC’s overseas sales increased 47% year-on-year, leading growth among major Chinese automotive groups. GAC’s overseas momentum has continued into 2026. After achieving a strong start in January, GAC’s overseas sales in February surged 114% year-on-year. In the first two months of the year, GAC’s cumulative overseas sales increased 86% year-on-year, highlighting strong momentum in international markets.

Chinese automakers move from exporting vehicles to exporting technology, ecosystems and standards, initiatives such as “standards going global” may help strengthen China’s role in shaping the future global automotive landscape.

Global Times: Understanding ‘people’ at the heart of Healthy China

“Building a Healthy China by 2035 is a strategic decision made by the Communist Party of China (CPC) Central Committee.”

BEIJING, March 7, 2026 /PRNewswire/ — On Friday afternoon, Xi Jinping, General Secretary of the CPC Central Committee, visited the members of the Chinese Peasants and Workers Democratic Party, the Jiusan Society, the sector of medicine and health, and the sector of welfare and social security, who were attending the fourth session of the 14th National Committee of the Chinese People’s Political Consultative Conference. When Xi was attending a joint group meeting and hearing their comments and suggestions, he stressed ensuring decisive progress in advancing the Healthy China Initiative during the 15th Five-Year Plan period (2026-2030).

Promoting the building of a Healthy China is a solemn commitment the Party has made to the people. A commitment is weighty as a thousand pieces of gold, and actions must be persistent. The tremendous dedication the Party and the state have poured into the people’s health is felt most deeply by the people themselves.

During the 14th Five-Year Plan period (2021-2025), more than 600 million instances of direct cross-provincial medical expenses settlement were processed nationwide, and average life expectancy rose by 1.3 years over the past five years. In 2025, the proportion of residents aged 7 and above who regularly participate in physical exercise reached 38.52 percent…

Step by step, with unwavering determination and years of solid effort, a robust foundation has been laid for the people’s happiness and well-being. From these achievements, we can gain a deeper understanding of General Secretary Xi’s people-centered sentiment, and more fully grasp the true meaning of the word “people” embedded in Healthy China.

From “difficulty” one sees “determination,” revealing a profound sentiment.

China has a huge population as well as considerable urban-rural and regional disparities. The challenges facing hygiene and health work are beyond imagination.

Yet geographical distance is no barrier. Over more than a decade, 11 batches of more than 2,400 people have been dispatched in “group-style” aid to Southwest China’s Xizang Autonomous Region and Northwest China’s Xinjiang Uygur Autonomous Region, planting the seeds of “health flame” that cannot be taken away. By concentrating strengths to accomplish major tasks, medical consortia and alliances have bridged the gaps in remote mountainous areas, delivering high-quality resources right to people’s doorsteps… “Unswervingly following the path of health development with Chinese characteristics” and “unswervingly implementing guidelines for health work in the new era,” knowing the difficulties and facing them head-on, China reflects its original aspiration and demonstrates its institutional advantages.

Over these years, China has established the world’s largest social security system and medical and health system. The national medicare reimbursement list has continued to expand, vividly illustrating what it means to prioritize health and place life above all else.

Reaching far and wide while attending to the smallest details reflects a grand vision.

Advancing the Healthy China Initiative is a systematic undertaking. In response to diverse health needs, nationwide fitness has been elevated to a national strategy, and “strictly implementing the food safety responsibility system” has been written into the “No. 1 central document.” Sports powerhouse development and Healthy China Initiative mutually reinforce each other. Every measure reflects a broad vision and a grand perspective.

Big health connects on one end to people’s livelihood and on the other to development. In Shanghai’s Zhangjiang Pharma Valley, efforts focus on “first launches, first choices, and first innovations,” gathering more than 2,300 innovation entities across the biomedical field. Leveraging its outstanding ecology, Guangde, East China’s Anhui Province, has emerged as a well-known wellness destination, drawing 53 wellness cultural tourism projects.

New demands embody people’s expectations and harbor market opportunities. By expanding the big health sector, China will continue to add points to people’s health and multiply their happiness.

Driving development through innovation calls for great responsibility.

Responsibility lies in facing difficulties head-on. Sanming, East China’s Fujian Province, cracked the hard nut of “using drugs to subsidize medical system,” and blazed a new trail through the “three-medical linkage” reform.

To reduce burdens on doctors and patients, recognition of medical test results across hospitals has been steadily advanced… Further deepening reform and innovating mechanisms will provide strong support for building a Healthy China.

Responsibility also lies in boldly pursuing the new. Earlier this year, the New York Times published a full-page report: In a hospital in Ningbo, East China’s Zhejiang Province, an artificial intelligence model promptly detected pancreatic cancer in retired bricklayer Mr. Qiu, enabling successful surgical removal.

A non-contrast CT scan costs about $25. Foreign netizens heatedly discussed it: “Looks like a great use of this emerging technology.”

At this year’s “two sessions,” “AI + healthcare” attracted intense attention. By orienting scientific and technological innovation toward people’s life and health—promoting translation and strengthening application—we can shoulder the heaviest burdens and break through the most perilous obstacles.

“Health is the 1, and everything else is a 0.” By safeguarding the foundation of health and removing worries, China deepens the “1” more and more and multiplies the number of “zeros.” This will better synchronize high-quality population development, high-quality lives for the people, and high-quality economic growth.

MIFF 2026 AWARDS HONOUR DESIGN EXCELLENCE IN THE FURNITURE INDUSTRY

Winners at Southeast Asia’s premier furniture trade show prove Malaysian talent creativity, innovation on par with international standards

KUALA LUMPUR, Malaysia, March 7, 2026 /PRNewswire/ — The Malaysian International Furniture Fair (MIFF), Southeast Asia’s largest and leading export-oriented furniture trade show today celebrated Malaysia’s finest emerging furniture designers at its MIFF 2026 Award Ceremony, with winning designs cited as prime examples of outstanding innovation and creativity.

Best Presentation Award winners group photo at MIFF 2026 Awards Ceremony.
Best Presentation Award winners group photo at MIFF 2026 Awards Ceremony.

Held at the Malaysia International Trade and Exhibition Centre (MITEC), the awards, comprising MIFF’s flagship FDC (Furniture Design Competition) and two exhibitor prizes – the BPA (Best Presentation Award) and FEA (Furniture Excellence Award), recognise creative excellence in exhibitors and emerging talent at the region’s most global furniture trade show.

Since its launch in 2010, the MIFF FDC has emerged as a vital platform to unveil and grow young, talented designers looking to leave their mark and help shape the future of Malaysia’s furniture design ecosystem. As with the previous editions, MIFF FDC 2026 is instrumental in enhancing industry collaboration and highlighting the creative spirit of design.

The MIFF awards were presented by Ministry of Plantations and Commodities Deputy Secretary General YBhg. Dato’ Razali Mohamad before an international audience of furniture manufacturers, wholesalers and retailers, industry influencers and media.

The main MIFF FDC 2026 award went to Jessica Antonius of Asia Pacific University of Technology & Innovation (APU), who received a prize of RM5,000 for ROEL. The second prize of RM3,000 was presented to Doo Jade Qi of Malaysian Institute of Art, for her GLORB and the RM2,000 third prize was awarded to Teh Jian Yin of The One Academy Penang for REKA REKA SERIES. Prathiin Saravanamuthu of Universiti Sains Malaysia received a Special Mention Award for STACKABLOCK.

MIFF FDC 2026 challenged designers under 40 to create bedroom furniture for children aged 5 to 9 years, that balanced imagination with practicality. Themed ‘Playful. Practical. Purposeful: Furniture for Generation Alpha’, winning designs featured a blend of functionality and originality sought after by generation Alpha and their Millennial parents.

Ten finalists from an initial twenty were selected by a regional panel of judges led by Dr. Eric Leong, with the 10 then taking into account on-site and social media public votes – a first for the event – to determine the three main winners. Judging criteria included creativity, functionality, ergonomics, safety, sustainability and presentation.

Aside from cash prizes, winners received trophies and certificates, with all finalists also presented with certificates of participation. All in all, MIFF FDC 2026 received 138 entries from 37 design institutions and private firms vying for top honours.

The Best Mentor Award of RM2,000 went to Ooi Aik Khong from the Asia Pacific University of Technology & Innovation (APU), with the lecturer taking home the award again after winning in 2021. APU also claimed a second consecutive Best Institution Award.

The MIFF 2026 Best Presentation Award, where winners are judged on booth design, creativity, construction and presentation, went to Chuanheng Furniture Products Sdn Bhd. Foshan Linsy Home Co., Ltd. took second place and Zhin Sheng Furniture Sdn Bhd, third place. ELK-Desa Furniture Products Sdn Bhd received the Informa Better Stands, whilst xOrdinary received the Special Mention Award, with chief judge Enrico Cleva of EC & CO, Italy, highly commending all winners and entries.

MIFF 2026’s top Furniture Excellence Award, Platinum Award went to Eastern Decorator Sdn Bhd. Luxury Sleep Products Sdn Bhd took Gold Award and Instyle Sofa Sdn Bhd, the Silver Award. The Judges’ Commendation Award in the Household and Office categories were presented to Best-Beteck Furniture Sdn Bhd and Heshan Zonman Furniture Limited, respectively. The entries, in a category that encourages aesthetic, creative and visionary designs, were judged by a panel led by Zilahi Imre of Fast Forward Editorial SRL, Romania.

MIFF General Manager, Ms Kelie Lim said: “My heartiest congratulations to our winners for their outstanding concepts and execution. It bodes well for the industry that we have such inspired designers committed to design excellence and innovation, which complements the overall creations and creativity that are a trademark of MIFF exhibitors and manufacturers. MIFF has been at the forefront of ensuring the sustainable growth of Malaysian furniture for more than 30 years, and we will continue to nurture more emerging talent to ensure there is no lack of exceptional designers bold enough to envision a brighter future for the industry.”

MIFF 2026’s awardees today take their place of pride among past winners who have promoted the domestic industry on a global scale through original, design-oriented products while encouraging the creation of quality furniture with a distinctive Malaysian identity that meets the evolving demands of the international supply chain.

Now into its 32nd edition, MIFF 2026, from 4-7 March, launched at two venues: MITEC and the World Trade Centre Kuala Lumpur (WTCKL). With its signature ‘1 Fair, 2 Venues, 17 Halls’ concept, the event spans 100,000 square metres of total exhibition space, assembling close to 700 exhibitors and 20,000 buyers from 140 countries and regions.

For a look at MIFF 2026’s award-winning designs and more information on the rapid progress of Malaysia’s furniture industry, visit MIFF at www.miff.com.my and MIFF FDC at www.mifffdc.com. For the latest news and insights, follow Furnish Now by MIFF on Facebook or contact the MIFF team at info@miff.com.my.

For images, please click here.

Note to Editors

About MIFF (www.miff.com.my)
MIFF is the largest and leading export-oriented furniture trade show in Southeast Asia, showcasing the widest collection of Made-in Malaysia wooden furniture, home furniture, and office furniture. Since 1995, MIFF is a one-stop platform connecting a wider community of 20,000+ buyers from 140 countries and regions. MIFF is organised by Informa Markets, which is a part of Informa PLC, a leading B2B information services group and the largest B2B event organiser in the world.

Furniture Excellence Award winners group photo at MIFF 2026 Awards Ceremony.
Furniture Excellence Award winners group photo at MIFF 2026 Awards Ceremony.

MIFF Furniture Design Competition (MIFF FDC) 2026 winners group photo at MIFF 2026 Awards Ceremony.
MIFF Furniture Design Competition (MIFF FDC) 2026 winners group photo at MIFF 2026 Awards Ceremony.

Bybit Announces Departure of Co-CEO Helen Liu as She Embarks on Entrepreneurial Journey

DUBAI, UAE, March 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that Helen Liu will depart the company on April 30, 2026, to begin a new chapter as she pursues her entrepreneurial ambitions.

Serving more than 82 million users across over 181 countries and regions, Bybit has grown into one of the most influential digital asset platforms globally. Over the past five years, Helen has played a central role in shaping that journey — helping guide the company through key phases of global expansion, organizational development, and market transformation.

Helen joined Bybit in 2020 as Vice President of Human Resources, where she helped build the foundation of the company’s global team and culture during a period of rapid growth. She later expanded her leadership responsibilities as Vice President of Marketing and Chief of Staff, before being appointed Chief Operating Officer in 2022. In 2025, she stepped into the role of Co-CEO, helping lead the company during a pivotal stage in the evolution of the digital asset industry.

Across each chapter of her tenure, Helen has been widely recognized for her people-first leadership, strategic clarity, and ability to guide teams through both opportunity and challenge. Her leadership helped strengthen Bybit not only as a global trading platform but also as an organization where talent can grow, innovate, and thrive.

“Over the past five years, Helen has been an extraordinary partner in building Bybit into the global platform it is today,” said Ben Zhou, Co-founder and CEO of Bybit. “From shaping our culture and strengthening our leadership team to guiding the company through moments of rapid growth and industry challenges, Helen has led with dedication, empathy, and a deep sense of purpose. While we will miss her greatly, we are also excited to see her pursue her entrepreneurial vision. Helen’s impact on Bybit will continue to be felt for years to come.”

Reflecting on her time at the company, Helen expressed gratitude for the opportunities and experiences she gained during her journey at Bybit.

“Bybit has been an incredible platform for growth, and I’m deeply grateful for the trust, opportunities, and experiences I’ve had here,” said Helen. “Over the past five years, I’ve grown tremendously alongside an amazing global team, and I’m proud of what we’ve built together. The company has demonstrated remarkable resilience and strength through both opportunities and challenges, and I believe Bybit is firmly on the right track. With Ben’s leadership and a talented team across all regions, I’m confident the company will continue to thrive. As for me, I’m excited to begin a new entrepreneurial journey and take the next step in my professional growth.”

Under the strong leadership of Ben Zhou, Bybit strengthened its position as one of the world’s leading digital asset platforms, building a versatile global organization and navigating one of the most dynamic periods in the crypto industry. With strong leadership across regions and business lines, the company remains focused on delivering innovation, transparency, and long-term value to its growing global community.

Bybit Announces Departure of Co-CEO Helen Liu as She Embarks on Entrepreneurial Journey
Bybit Announces Departure of Co-CEO Helen Liu as She Embarks on Entrepreneurial Journey

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Luang Prabang Cracks Down on Traffic in World Heritage Zone

Luang Prabang Scores Silver for Sustainable Tourism 2025–2027
Luang Prabang busy street (photo credit: Wander Laos)

The Luang Prabang City Administrative Committee has issued a new traffic notice aimed at reducing congestion and improving road order in the city’s UNESCO World Heritage Area, with fines in place for violators.

The latest measures build on steps already taken earlier this year.

In February, the Luang Prabang Department of Public Works and Transport announced restrictions around the Night Market and historic peninsula following repeated complaints from residents about tour vans blocking narrow streets and disorderly parking.

Under those rules, tour vans were banned from the main central route between the Night Market entrance and the tip of the peninsula where the Nam Khan River meets the Mekong, and were instead redirected to designated parallel one-way streets along the riversides for drop-offs and pick-ups.

Parking along the Mekong and Nam Khan rivers was reserved for local residents, and traffic police were deployed at the main Night Market intersection during peak tourist hours. Officials said at the time that further adjustments could follow as visitor numbers continued to rise.

The new notice follows through on that warning. Under the new rules, vans may enter the Mekong-Kamkhan road only to briefly drop off visitors, for no more than five minutes, before proceeding to designated parking at That Luang yard or other approved locations. Vehicles delivering goods are allowed a slightly longer stop of 10 to 15 minutes.

Vans, passenger vehicles and tuk-tuks are banned from the central stretch of Sisavangvong Road, unless they hold a permit. Vehicles dropping off guests at temples along the Khan-Mekong river roads for the morning almsgiving ceremony must depart before 7 am.

Motorcycles, electric motorcycles and bicycles may not park on Sisavangvong Road or its pavements between the intersection near the Royal Palace in Ban Choumkong and the last intersection Ban Xieng Muan.

Designated motorcycle parking is available along the Khan-Mekong rivers area, according to the official notice.

Fines for Violations

Fines scale by vehicle type and repeat offence.

Cyclists and electric motorcycle riders face the lightest penalties, starting at LAK 100,000 (USD 4.75) for a first offence, rising to up to LAK 300,000 (USD 14.25) for a third offence.

Motorcycle riders are held to a slightly higher standard, with fines beginning at LAK 200,000 (USD 9.50) and climbing to LAK 400,000 (USD 19) by the third strike. Larger vehicles such as three- or four-wheeled trucks start at LAK 300,000 (USD 14.25), reaching LAK 500,000 (USD 23.75) on a third offence.

The steepest penalties apply to vans, pickup trucks, jeeps and sedans, where fines jump from LAK 300,000 (USD 14.25) to LAK 1,000,000 (USD 47.50) for a third violation.

Drivers caught violating the rules more than three times face doubled fines and a driver’s licence suspension of three to six months. In serious cases, fines may be tripled, vehicles impounded for one to three months, and offenders prosecuted under the law.

The Office of Public Works and Transportation and city traffic officers have been tasked with enforcing the measures, which took effect upon signing of the notice.

U.S. Patient with Advanced Lung Cancer Stabilized by Novel Immunotherapy Treatment in China

SHANGHAI, March 7, 2026 /PRNewswire/ — Jiahui International Cancer Center (JICC) has stabilized a U.S. patient with advanced non‑small cell lung cancer (NSCLC) and Parkinson’s disease using ivonescimab, a novel immunotherapy currently available only in China.

Dr. Xuan Linli, Chief of Medical Oncology at Jiahui International Cancer Center, stands on the patient’s right. The patient’s daughter, nursing team, medical team, and caregivers are gathered together at Jiahui International Hospital.
Dr. Xuan Linli, Chief of Medical Oncology at Jiahui International Cancer Center, stands on the patient’s right. The patient’s daughter, nursing team, medical team, and caregivers are gathered together at Jiahui International Hospital.

The 70‑something patient had exhausted all standard lines of treatment at MD Anderson Cancer Center in the United States. His doctors recommended ivonescimab, the first approved PD‑1/VEGF bispecific antibody for solid tumors. After a video consultation in late November scheduled within a week of their initial inquiry, the family chose Jiahui International Cancer Center in Shanghai for its multidisciplinary expertise and U.S.‑trained Medical Oncology Chief Dr. XUAN Linli.

During treatment, the patient developed immune‑related complications requiring ICU care. The cancer center rapidly coordinated oncology, neurology, critical care, and expert input from ivonescimab principal investigator Dr. Zhou Caicun. His condition has since stabilized, with ongoing care focused on disease control.

As a tertiary international hospital partnered with Massachusetts General Hospital Cancer Center, Jiahui provides seamless international patient pathways, from remote consultations to travel coordination and continuous family updates.

The patient’s daughter said, “We are deeply grateful for the dedication, compassion, and tireless efforts of the entire Jiahui team: the doctors, nurses, kitchen and cleaning staff, the international team and front desk, and the care aides. My father would especially like to express his heartfelt thanks to Ms. Cui, who has cared for him every day since his admission. Beyond her attentive bedside care, she has offered him encouragement, comfort, and hope.”

China’s breakthrough oncology innovations are creating new options for patients worldwide. JICC continues to draw growing inquiries and referrals from North America, Europe, Asia and the Middle East, establishing Shanghai as a global hub for advanced cancer care.

The full story: https://jiahui.com/en/news/181

Contact:

International Patient Services

internationaloffice@jiahui.com

WhatsApp: +852 4619 1904

One-Stop Access to the Full China-U.S. Tech Landscape — Harvest Global Investments’ G2 Tech 50 ETF Commences Trading

HONG KONG, March 7, 2026 /PRNewswire/ — Today, Harvest Global Investments Limited (“HGI”) announced that the Harvest G2 Tech 50 ETF (Stock Code: 3169) was officially listed on The Stock Exchange of Hong Kong Limited (“HKEX”), making it one of the first ETFs in the Hong Kong market to simultaneously focus on core technology assets in both China and the United States, offering investors a one-stop solution to access the core assets of the two major global technology innovation hubs.


The listing ceremony was held at HKEX. Ms. Fiona Tse, Associate Director of the Investment Products Division of the Securities and Futures Commission (“SFC”); Mr. Song Guo, Chief Compliance Officer of Harvest Fund Management Co., Ltd; Mr. Charlie Chen, Chief Executive Officer of HGI; Ms. Yiqian Jiang, Chief Investment Officer of HGI; Mr. Kevin Shu, Chief Marketing Officer of HGI; along with partners from government and commercial institutions, including Ms. Vanessa Wang, Head of APAC at DWS Investments Hong Kong Ltd.; Mr. Le Kang, Vice President of China Life Insurance (Overseas) Company Limited and Chairman of China Life Trustees Limited; Mr. Henry Li, Chief Executive Officer of China Life Trustees Limited; Mr. Andrew Law, Chief Executive Officer of BOCI-Prudential Trustee Limited; and Mr. Yang Xu, Global Partner of Tiger Brokers (HK) Global Limited, jointly attended the listing ceremony to officially mark the commencement of public market trading of the Harvest G2 Tech 50 ETF.

Ms. Fiona Tse, Associate Director of the Investment Products Division of SFC, remarked at the listing ceremony: “Harvest G2 Tech 50 ETF tracks the Solactive Harvest Tiger G2 Tech 50 Select Index, with its core investments in Chinese tech companies listed in Hong Kong and tech firms listed in the US. The launch of this ETF will offer more diversified and flexible investment options to both local and global investors, and further advance Hong Kong’s development as an international asset management center.”

Mr. Charlie Chen, CEO of HGI, remarked at the listing ceremony: “AI is currently driving a new global technology cycle, with the Chinese and American technology ecosystems demonstrating a clear pattern of complementary strengths and collaborative division of labor. HGI launched this product precisely to bridge innovation across both markets, providing investors with an efficient, one-stop tool to access core technology assets in China and the U.S. As a cross-border asset manager, HGI remains client-centric and committed to delivering transparent and efficient global allocation solutions. Looking ahead, HGI will continue to deepen its presence in the Hong Kong market, leveraging professional expertise to accompany investors in sharing the long-term dividends of technological innovation and industrial upgrading.”

Complementary China-U.S. Tech Landscape Fuels Rising Cross-Market Allocation Demand

Since 2025, the global technology industry has been evolving at an accelerated pace: NVIDIA’s market capitalization briefly surpassed US$5 trillion in U.S. equities, while the emergence of DeepSeek reignited market confidence in China’s AI industry, driving a strong recovery in Hong Kong’s technology sector. Looking ahead to 2026, the combined capital expenditure forecast for the four major U.S. tech giants is projected to reach approximately US$650 billion, representing a year-on-year increase of around 60%, while Chinese technology companies continue to ramp up AI R&D investment.

Against this backdrop, China and the United States have each developed distinct competitive advantages in the current technology cycle — the U.S. excels in foundational technology ecosystems such as semiconductors and core software. At the same time, China has developed deep industrial capabilities across application areas such as internet platforms, consumer electronics, and new energy. The two technology ecosystems are complementary and co-evolving, making the question of how to transcend single-market limitations and simultaneously capture the technology dividends from both markets a key allocation topic for investors.

One-Stop Access to China-U.S. Tech Leaders — Among HKEX’s First ETFs of Its Kind

As an innovative product designed to meet market demand, the Harvest G2 Tech 50 ETF seeks to closely track the Solactive Harvest Tiger G2 Tech 50 Select Index. This index innovatively brings together 50 of the world’s most influential technology companies into a single investment portfolio, comprising 30 Hong Kong-listed Chinese technology leaders and 20 U.S.-listed global technology giants[1],forming a complementary structure of “U.S. hardcore technology + Hong Kong tech application vitality.”

The fund’s portfolio spans multiple key areas in the current technology wave: in AI computing power and infrastructure, it covers U.S. computing power leaders such as NVIDIA, Broadcom, and AMD, as well as Hong Kong-listed names including SMIC and Lenovo Group; in internet platforms and software ecosystems, it brings together global technology giants such as Microsoft, Google, and Meta, alongside China’s leading platform companies including Tencent, Alibaba, and Meituan; in on-device applications and consumer electronics, it includes Apple as well as Xiaomi Group and Sunny Optical, which stand to benefit from AI-driven hardware upgrades; and in intelligent manufacturing and new energy, it features Tesla, BYD, XPeng Motors, and Horizon Robotics — leaders in embodied intelligence and autonomous driving.

By integrating different markets and technology segments into a single investment portfolio, this ETF provides investors with a cross-market technology-themed allocation tool that diversifies single-market risk while participating in the long-term development trends of the global technology industry.

HGI stated that it will continue to deepen the integration of its parent company, Harvest Fund Management’s, platform strengths and will carry out comprehensive cooperation across multiple dimensions, including investment research, products, sales, and client services. HGI is committed to seizing the broad opportunities presented by policy mechanisms such as Stock Connect, providing investors in Hong Kong, mainland China, and around the world with a rich array of products, diversified asset allocation, and agile cross-border investment services, while striving to deliver sustainable returns.

About Harvest Global Investments Co., Ltd.

Established in Hong Kong in 2008, Harvest Global Investments Limited (“HGI”) is a subsidiary of Harvest Fund Management. As the core platform for the group’s international business, HGI holds Licenses Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) issued by the Securities and Futures Commission (SFC) of Hong Kong. Leveraging the robust strength and brand heritage of its parent company, HGI provides global investors with comprehensive asset management solutions across equities, fixed income, index, and multi-asset strategies.

[1] The selection and weighting of the index constituents are reviewed and adjusted periodically in accordance with the index methodology.

IMPORTANT: Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents of Harvest G2 Tech 50 ETF (the “Sub-Fund”) for further details, including the risk factors, before investing. Investors should not base investment decisions on this material alone. Investors should note:

  • The Sub-Fund’s investments are concentrated in China (including Hong Kong SAR) and the United States. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments and may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the relevant sector.
  • The Index is a new index. The Sub-Fund may be riskier than other exchange traded funds tracking more established indices with longer operating history.
  • Risks associated with financial derivative instruments (the “FDIs”) include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. FDIs are susceptible to price fluctuations and higher volatility. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund. Exposure to FDIs may lead to a high risk of significant loss by the Sub-Fund.
  • Investors of Listed and Unlisted Classes of Units are subject to different pricing and dealing arrangements. The NAV per Unit of each of the Listed and Unlisted Classes of Units may be different due to different fees and cost applicable to each class.    The trading hours of SEHK applicable to the Listed Class of Units in the secondary market, the dealing deadlines in respect of the Listed and/or Unlisted Classes of Units in the primary market, may be all different. In view of the differences in fee and cost arrangements between the Listed and Unlisted Classes, the NAV per Unit of each of the Listed Class of Units and Unlisted Classes of Units may also be different.
  • The Sub-Fund is subject to general investment risk, passive investment risk, mega-capitalisation companies risk, currency risk and distributions out of or effectively out of capital risks.

The Sub-Fund is authorized by the Securities and Futures Commission in Hong Kong (“SFC”). Such authorization does not imply official recommendation by the SFC.

Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents for further details, including the risk factors, before investing. Investment returns not denominated in HKD/USD are exposed to exchange rate fluctuations. This material is published by Harvest Global Investments Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.

Index Provider Disclaimer

Solactive AG (“Solactive”) is the licensor of the Solactive Harvest Tiger G2 Tech 50 Select Index (the “Target Index”). The financial instruments that are based on the Target Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability of investing in the financial instruments; (b) the quality, accuracy, and/or completeness of the Target Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Target Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Target Index. Solactive shall not be liable for any damages, including, without limitation, any loss of profits or business, or any special, incidental, punitive, indirect or consequential damages suffered or incurred as a result of the use of (or the inability to use) the Target Index.