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Former Shanghai Innovation Bank and Silicon Valley Bank Asia Executive Jade Lu Joins Alpha Ladder as Wealth and International CEO

Appointment marks the next phase of Alpha Ladder Wealth Management Solutions and the Group’s international expansion, as Alpha Ladder advances its ambition to support Chinese enterprises going global with a broader financial services platform

SINGAPORE, Sept. 22, 2026 /PRNewswire/ — Alpha Ladder Group Pte. Ltd. (“Alpha Ladder”), today announced the appointment of Jade Lu as Wealth CEO and International CEO, reporting directly to Dr Bo Bai, Executive Chairman and Co-Founder of Alpha Ladder Group.

Former Shanghai Innovation Bank and Silicon Valley Bank Asia Executive Jade Lu Joins Alpha Ladder as Wealth and International CEO
Former Shanghai Innovation Bank and Silicon Valley Bank Asia Executive Jade Lu Joins Alpha Ladder as Wealth and International CEO

Jade brings more than 20 years of international banking experience and was previously President and Executive Director of Shanghai Innovation Bank (Previously known as SPD Silicon Valley Bank) and, concurrently from 2020 to 2023,  with Silicon Valley Bank Asia. She previously held senior leadership roles at Standard Chartered Bank and Citibank.

In her dual role, Jade will lead two strategic growth priorities for Alpha Ladder: the development and international expansion of Alpha Ladder’s Wealth Management Solutions and the build-out of Alpha Ladder’s international financial services capabilities across key global markets.

Her appointment also marks the next phase of Alpha Ladder’s international growth ambitions, including building a broader financial services platform to support the growing needs of Chinese enterprises expanding globally. As these businesses establish and grow their operations overseas, Alpha Ladder aims to support their increasingly complex financial needs across markets.

Building the next generation of wealth through Alpha Ladder’s Wealth Management Solutions

Wealth creation is undergoing a historic paradigm shift. Accelerated by AI and next-generation technologies, global economic and industrial structures are being fundamentally reshaped. Alpha Ladder’s Wealth Management Solutions is built to empower investors to capture these multi-dimensional opportunities.

Alpha Ladder defines the next generation of wealth as a powerful fusion: uniting strict regulatory compliance and the fundamental risk discipline inherent to finance with the agility and innovation of new digital paradigms.

Through its Wealth Management Solutions, Alpha Ladder delivers an integrated, multi-dimensional platform. It enables clients to seamlessly access, manage, and diversify their portfolios across traditional and future-facing assets.

Jade will champion the platform’s global proposition and ecosystem, cementing it as a core pillar of Alpha Ladder’s international expansion.

Supporting Chinese enterprises as they go global

As International CEO, Jade will lead Alpha Ladder’s international strategy across Hong Kong, the Middle East & Africa, Europe, the United States and Latin America, building the Group’s capabilities and partnerships in markets where its clients increasingly operate.

A major focus will be supporting Chinese enterprises through the increasingly complex financial requirements that come with international expansion.

As companies enter new markets, their needs extend well beyond moving capital across borders. They require financial partners that understand both their home-market context and the regulatory and commercial environments in which they are expanding, while being able to support their evolving requirements as their international businesses grow.

Alpha Ladder’s ambition is to build a full-spectrum international financial services platform for cross-border enterprises, spanning four core areas: financing, payment, wealth and compliance. Together, these capabilities are intended to support Chinese enterprises across different stages of their global journey, from establishing in new markets to managing increasingly complex financial requirements as they scale.

Dr Bo Bai, Executive Chairman and Co-Founder of Alpha Ladder Group, said:

“Jade joins Alpha Ladder at an important stage of our development, as we accelerate both our wealth and international strategies.

She brings more than two decades of international banking experience, together with a deep understanding of China’s innovation economy and the financial needs of companies as they grow beyond their home markets. Her leadership experience at Shanghai Innovation Bank and Silicon Valley Bank Asia is particularly relevant as we build for this next phase.

With Jade leading Alpha Ladder’s Wealth Management Solutions and our international expansion, we aim to build a differentiated wealth proposition while strengthening Alpha Ladder’s capabilities across financing, payment, wealth and compliance. Our ambition is to support enterprises with the financial capabilities they need as they expand and operate across markets.”

During her tenure at Shanghai Innovation Bank and Silicon Valley Bank Asia, Jade played a leading role in China’s innovation finance ecosystem, working with high-growth companies and venture capital institutions and providing full-lifecycle financial services across different stages of their development.

Jade Lu, Wealth CEO and International CEO of Alpha Ladder Group, said:

“Chinese companies are entering a new phase of international growth. As they expand into more markets, their financial needs are becoming broader and more complex. They need financial partners that understand where they come from, the markets they are entering, and how their requirements evolve as they grow internationally.

Wealth management is evolving at the same time. Technology is changing how clients access, manage and diversify wealth across markets, while trust, regulatory discipline and institutional standards remain fundamental.

I look forward to working closely with Dr Bai and the team as we build the next phase of Alpha Ladder’s growth. My focus will be on building Alpha Ladder’s Wealth Management Solutions into a distinctive wealth proposition and strengthening our international financial services platform to support companies and clients as they grow across markets.”

Jade holds a Bachelor of Economics from Fudan University and an International MBA from the University of Hong Kong, and served as a member of the first Sci-Tech Innovation Advisory Committee of the Shanghai Stock Exchange.

About Alpha Ladder Group

Headquartered in Singapore, Alpha Ladder Group Pte Ltd (Alpha Ladder) is a technology and financial services group driving Digital Green Transformation. We operate on the conviction that the future of financial infrastructure is neither purely centralised nor distributed, but a Hybrid.

From our first member subsidiary founded in 2016, we have grown into a multi-vertical ecosystem that operationalises this conviction across four critical sectors:

  • Digital Financial Services
    In digital financial services, our businesses operate one of Asia’s leading licensed digital financial services platforms, providing compliant payment and wealth services, with annualised transaction volume of US$14 billion (FY26 run rate).
  • Sustainable Investment
    Our sustainable investment business is an award-winning impact investment firm with around US$2.9 billion AUM*, focusing on investing in deep-tech companies for decarbonisation.
  • AI-Powered Green Technology
    In green technology, our businesses provide end-to-end carbon SaaS solutions, including an AI emission factor search engine, Scope 1, 2 & 3 measurement, decarbonisation rating, AI ESG reporting, and green asset development & trading.
  • AI-Native Energy Intelligence
    In AI-native energy intelligence, our businesses are advancing AI for energy by forging hybrid models that ground graph transformers in deterministic physics and high-throughput real-world validation. Our platforms deploy this intelligence to address the pressing energy challenges constraining AI and other mission-critical infrastructure, providing speed, resilience and sustainability to the systems that power the compute age.

At Alpha Ladder Group, our name reflects our commitment to continuous evolution. We believe that by engineering the intersection of Digital and Green, we move the world forward to pursue sustainable alpha—one particle at a time.

Hylenr Completes Phase 1 LCF Reactor Validation at Texas A&M University

Phase 1 testing identified key thermal, noble-gas and material signatures in the Lattice Confinement Fusion (LCF) reactor, with Hylenr now advancing to Phase 2 studies focused on reproducibility, quantitative measurement and commercialization.

HYDERABAD, India, Sept. 22, 2026 /PRNewswire/ — Hyderabad based Deeptech company Hylenr today announced the completion of Phase 1 of an independent validation study of Lattice Confinement Fusion (LCF), conducted at Texas A&M University, marking an important step in the company’s efforts to independently evaluate its lattice-based energy technology and advance its roadmap toward commercialization.

The validation study focused on the Hylenr BRT-NiUCS-2 reactor, a small modular system based on hydrogen-loaded nickel-palladium catalyst materials. Multiple devices and catalyst samples were prepared and tested under controlled laboratory conditions in the Nuclear Engineering Department at Texas A&M University.

Titled ‘Validation of Anomalous Heat and Nuclear Signatures in the BRT-NiUCS-2 Reactor: Phase 1 LCF Investigation’, the research examined the reactor’s thermal performance, radiation emissions, residual gas composition, and post-reaction material characteristics. The Phase 1 research paper, co-authored by Hylenr and Texas A&M University, was presented at the 27th International Conference on Condensed Matter Nuclear Science (ICCF-27), held in Niagara Falls, Canada, from August 31 to September 4.

“Our objective has always been to move beyond internal observations and subject the technology to rigorous, independent testing. The validation study conducted at Texas A&M University provides an important external data point across thermal measurements, gas analysis, and material characterization,” said Ram Ramaseshan, Co-Founder and CEO, Hylenr. “These results provide a basis for the next phase of validation while reinforcing our focus on reproducibility, quantitative measurement, and scientific transparency.”

Prof. Lin Shao, Professor of Nuclear Engineering at Texas A&M University said, “The Phase 1 research provided an opportunity to examine the BRT-NiUCS-2 reactor using a range of complementary analytical techniques. The combination of thermal measurements, residual gas analysis, nuclear diagnostics and post-reaction materials characterization broadens the experimental basis for assessing the observed phenomena and determining priorities for further investigation.”

Among the principal diagnostics was Residual Gas Analysis (RGA), conducted using an SRS RGA 100 system under high-vacuum conditions. The study observed elevated helium, argon and neon signals in the active reactor relative to background measurements, with helium and argon signals reported at levels approximately two to three orders of magnitude above background. No corresponding increase in nitrogen was observed, providing evidence against atmospheric leakage as the sole explanation for the measurements.

Thermal measurements using thermocouples and calibrated infrared imaging also showed the active reactor operating at consistently higher temperatures than the calibration device under comparable input-power conditions. The study further reported post-reaction morphological and compositional changes in catalyst samples based on SEM/EDX analysis.

Radiation monitoring using Geiger–Müller and neutron detectors found no detectable gamma or X-ray emissions, while neutron counts remained statistically indistinguishable from background during the approximately five-day monitoring period.

Hylenr will now move toward Phase 2, focusing on testing multiple independent reactors, quantitative calorimetry and improved characterization of loading parameters, alongside isotopic-ratio measurements and advanced analytical techniques including SIMS and ICP-MS.

The company views this staged validation process as a critical bridge between laboratory observations and eventual commercialization, with future development aimed at establishing repeatability, quantifying energy output and defining the engineering requirements for scalable systems.

About Hylenr

Hylenr develops small, modular energy systems using hydrogen-loaded materials and lattice confinement. Its research focuses on material transformation and excess-heat phenomena under controlled conditions, progressing these findings through independent validation toward potential commercial energy applications.

Gold, Oil or Forex: Which Markets Are Attracting Traders’ Attention Today?

KUALA LUMPUR, Malaysia, Sept. 22, 2026 /PRNewswire/ — Financial markets in 2026 face several key influences, including geopolitical risks, energy price swings, interest rate expectations, and uneven economic growth. According to IMF estimates, global GDP will grow by 3.0% in 2026, while energy importers, exporters, and countries benefiting from the technology cycle will face divergent market conditions.


With such changes occurring in the financial markets, traders increasingly focus on different asset classes: currencies, commodities, and indices. In Asia-Pacific, regional currencies, monetary policy, technology, and equity markets are among the key areas shaping trading activity.

Regional Currencies Reveal Diverging Economic Contexts

There is a clear example of Japan’s economy. According to the Bank of Japan, underlying inflation will gradually rise to levels that are compatible with its target of 2%. The BoJ will keep on fine-tuning monetary accommodation depending on changes in economic activity, prices and financial conditions. The Bank also mentions foreign exchange rate movements, crude oil prices and AI-related demand as key factors.

However, the economy of China looks different. Based on official estimates, China’s GDP grew by 4.3% year on year in Q2 2026, compared to 5.0% in Q1. Year-to-date growth was estimated at 4.7%.

Changes in economic growth estimates can influence the yuan’s rate, as well as sentiment among the economies associated with Chinese trade and commodity demand.

Indices Reflect Growth and Technology Trends

Regional stock indices offer traders another perspective on these trends. Indices in Japan, China, Hong Kong and other APAC markets may reveal changes in the expectations of growth, exports, consumer spending, manufacturing and technological progress.

The latter becomes especially relevant. According to the IMF, AI-driven demand supports the economies integrated in the technology production chain. Furthermore, the Bank of Japan highlights growing AI-related demand as a positive contributor to domestic economic activity.

Commodities Are Still Important

Both gold and oil belong to the APAC story. Rising energy prices may increase the cost pressure for importing economies, whereas Asia still plays a major role in the gold market.

World Gold Council expects investment activity in APAC to make a bigger contribution to gold-demand growth in H2 2026. During the first six months of the year, gold ETFs in Asia posted net inflows of 70 tons.

For APAC traders, Forex tends to reflect differences in monetary policies, indices highlight shifts in growth and technology, while commodities often tie back to global inflation and geopolitics.

Trade Across Markets with JustMarkets

Different conditions require different strategies, so traders should pay as much attention to flexibility as to the choice of assets. This is where JustMarkets comes in. It’s a global multi-asset broker providing access to more than 260 CFD instruments across Forex, gold, oil, indices, stocks, and other markets within one trading environment.

This broad access allows traders to adjust their focus as market conditions change. With MT4, MT5, Web Terminal, and the JustMarkets Trading mobile app, traders can enter these markets through the platform that best fits their trading style.

Risk Warning: Trading financial instruments involves significant risk and may not be suitable for all investors. Market conditions can change rapidly, and losses may exceed deposits. Ensure you understand the risks involved and trade responsibly.

BDx Breaks Ground on 640MW AI Data Center in West Java, Backed by 845MVA of Secured Grid Power

First 120MW building expected to enter service from early 2027, supporting liquid-cooled AI workloads of up to 500kW per rack.

SINGAPORE and JAKARTA, Indonesia, Sept. 22, 2026 /PRNewswire/ — BDx Data Centers (“BDx”) today broke ground on AI Campus 2 (CGK4), a 640MW AI data center campus in Jatiluhur, West Java, Indonesia. Dedi Mulyadi, Governor of West Java, and Saepul Bahri Binzein, Regent of Purwakarta, attended the groundbreaking ceremony alongside BDx and BDx Indonesia leadership.

The campus is backed by 845MVA of grid capacity from state utility PLN, part of BDx’s 1.2GVA+ secured power position across its AI-ready campuses in Indonesia. CGK4 is expected to be developed over approximately three years, with buildings commissioned sequentially to support accelerating demand for high-density AI capacity.

CGK4 reflects BDx’s evolution into an AI-first digital infrastructure platform, delivering secured power, high-density capacity, and faster time-to-market for AI workloads across Asia-Pacific.

CGK4 achieved certification under the NVIDIA DGX™-Ready Colocation Data Center program in April 2025. Located approximately five kilometers from the Jatiluhur Dam, the campus will receive power through PLN under Indonesia’s national grid framework and is actively pursuing lower-carbon power pathways, including a hydroelectric power arrangement with PJT, to support the region’s growing AI infrastructure with cleaner, more sustainable energy.

Construction has begun on Building 1, the first of six planned buildings at the site. Building 1 will deliver 120MW of IT capacity in phases, with the first contracted phase expected to enter service in early 2027. The facility is being built with a direct-to-chip liquid-cooling architecture engineered to support up to 500kW per rack for current and future AI accelerator generations.

CGK4 is already attracting strong interest from multiple hyperscalers, along with global technology companies, AI-native cloud providers and enterprises seeking AI-ready capacity across Southeast Asia and beyond. Demand at this pace reflects how quickly customer requirements are scaling.

“Indonesia is entering a new phase of digital and AI development, and CGK4 is a long-term investment in the infrastructure that phase requires. It anchors a growing AI ecosystem in West Java: scalable, high-density capacity built to bring advanced AI workloads into production faster, with a reliable path for customers as demand grows,” said Mayank Srivastava, Chief Executive Officer, BDx Data Centers.

CGK4 forms part of BDx’s AI-focused campus expansion in Indonesia, supported by a US$320 million loan facility secured in 2026.

“This is a practical step forward for Indonesia’s digital economy. We are putting sovereign, high-density AI infrastructure in place with our national partners. It allows local enterprises, government agencies, and developers to run advanced AI workloads domestically while creating skilled jobs and long-term value in West Java,” said Agus Hartono Wijaya, Chief Executive Officer, BDx Indonesia.

Indonesia is among the few Asia-Pacific markets that combine available grid capacity, campus-scale land, and strong domestic AI demand, supported by Special Economic Zone incentives for large-scale infrastructure investment. BDx’s Indonesia platform includes AI Campus 1 (CGK3/3A), AI Campus 2 (CGK4), and AI Campus 3 (CGK5), with 1.2GVA+ of secured grid capacity across its AI-ready campuses in Indonesia.

About BDx Data Centers

BDx Data Centers develops and operates AI-ready data center infrastructure across Asia-Pacific for hyperscale, cloud, AI, and enterprise customers. Transformed for AI and proven at speed, BDx is focused on converting secured power into powered, cooled, and operational capacity for customers scaling next-generation workloads. With operations in Singapore, Indonesia, Hong Kong SAR, and Taiwan region, BDx combines secured power access, high-density design, advanced cooling capabilities, standardized engineering, and local market execution to accelerate delivery across key digital markets. Backed by I Squared Capital, BDx provides the infrastructure platform customers need to move from power availability to live AI and cloud deployments across the region. For more information, visit www.bdxworld.com.

Hong Kong Green Building Council “My Green Space” Student Competition 2026-2027

Focusing on “Nature-Positive” Concept: Inviting the Education Sector to Co-Create a Vision for Green Building


HONG KONG SAR – Media OutReach Newswire – 22 September 2026 – To enhance public understanding and awareness of green buildings, the Hong Kong Green Building Council (HKGBC) has launched “My Green Space” Student Competition since 2011. The Competition encourages students to unleash their creativity and integrate green building concepts into real life, thus creating ideal green spaces.

The 2026-2027 edition, solely sponsored by Chinachem Group, explores “The Ideal Nature-Positive Built Environment“. It seeks to inspire the younger generation to reimagine the relationship between cities and nature through creative thinking and to nurture future green building pioneers.

Organised by the Hong Kong Green Building Council (HKGBC) and solely sponsored by Chinachem Group, the "My Green Space" Student Competition 2026-2027 explores "The Ideal Nature-Positive Built Environment". The Competition seeks to inspire the younger generation to reimagine the relationship between cities and nature through creative thinking and to nurture future green building pioneers.
Organised by the Hong Kong Green Building Council (HKGBC) and solely sponsored by Chinachem Group, the “My Green Space” Student Competition 2026-2027 explores “The Ideal Nature-Positive Built Environment”. The Competition seeks to inspire the younger generation to reimagine the relationship between cities and nature through creative thinking and to nurture future green building pioneers.

Aligning with Policy: Urban Transformation and Ecological Balance

Natural ecosystems and biodiversity are essential foundations of human well-being and sustainable development. Amid escalating climate challenges, transforming cities into more sustainable built environments is paramount to balancing human development with nature conservation.

The Biodiversity Strategy and Action Plan (BSAP) updated by the Government of the HKSAR, underscores the urgency of protecting local biodiversity to foster the harmonious coexistence between humans and nature, as well as between urban development and ecological conservation. The Hong Kong Nature-based Solutions Design Guidelines (HKNbSDG) provides a localised framework in this regard for designing and implementing solutions to enhance climate resilience, promote biodiversity and coexistence of development and nature conservation.

This year’s Competition invites students to present their vision of a liveable, regenerative, zero-waste and circular built environment through the lenses of design, planning, engineering, climate-resilient strategies and nature-based solution, to help drive society toward a carbon-neutral and nature-positive future.

Open to Primary, Secondary and Tertiary Students with Comprehensive Support and Learning Experiences

The Competition features five divisions covering different learning stages: Junior Primary, Senior Primary, Junior Secondary, Senior Secondary, and Tertiary. To foster cross-regional collaboration, the Tertiary category welcomes student teams from across the Greater Bay Area.

Participants may submit entries in the form of 2D artworks (for the Junior Primary and Senior Primary Divisions only), 3D models, multimedia works, or proposals. Each entry must include at least one building of any type, allowing participants to explore the possibilities of green building through different creative formats.

To equip participants with fundamental knowledge of green building, HKGBC will organise “Green Building Tour and Training Workshop” to impart relevant knowledge. “The Companion Scheme” will also be launched, under which young green building practitioners from the “Green Building Young Leaders (GBYLs)” Programme will answer participants’ technical questions on a voluntary basis and provide professional advice throughout the Competition.

Entries will be assessed on four criteria: application of sustainability from the environment, economics and social aspects or green building concepts, originality, creativity and innovation, effectiveness of presentation, and feasibility of implementation. Participants who join the “Green Building Tour and Training Workshop” and complete the designated questionnaires will receive bonus marks.

Attractive Prizes and Development Opportunities to Help Students Build Careers

Each category offers Champion, First Runner-up, Second Runner-up and Merit awards, with cash prizes of up to HK$8,000, trophies and certificates. As the sole sponsor, Chinachem Group will also offer special awards to demonstrate its ongoing commitment to nurturing future talent. Full award details will be announced later.

Beyond cash prizes and certificates, HKGBC offers diverse extra recognition and development opportunities. Winning entries will be exhibited at D.PARK , further showcasing participants’ creativity and achievements and enriching their personal portfolios.

Tertiary winners may also be invited to internship interviews with Chinachem Group, Arup, and other leading green building organisations, thereby laying a solid foundation for future careers in green building and sustainable development.

Details of “My Green Space” Student Competition 2026-2027:

Registration Period: From now until 31 December 2026
Entry Submission Deadline: 31 March 2027 6:00pm
Online Registration: https://forms.gle/2gLsgvCq51VrCH7J8

Caption

Eligibility:
  1. The Competition is open to students from local primary and secondary schools or local and Greater Bay Area Tertiary Institutions in the academic year 2026/27.
  2. Students can participate as individuals or in groups of up to 6 members. Each participant can join one group only.
  3. Each entrant or group is allowed to submit 1 entry only.
Divisions:
Primary Divisions Junior Primary (P1 – P3)
Senior Primary (P4 – P6)
Secondary Divisions Junior Secondary (S1 – S3)
Senior Secondary (S4 – S6)
Tertiary Division Students from Local and Greater Bay Area Tertiary Institutions

Judging Criteria:
Application of Sustainability from the Environment, Economics and Social Aspects / Green Building Concepts 40%
Originality, Creativity and Innovation 30%
Effectiveness of Presentation 15%
Feasibility for Implementation 15%

Prizes:
Champion Cash HK$8,000, Trophy & Certificate
(1 individual / 1 group)
1st Runner-up Cash HK$4,000 & Certificate
(1 individual / 1 group)
2nd Runner-up Cash HK$3,000 & Certificate
(1 individual / 1 group)
Merit Award Cash HK$1,000 & Certificate
(3 individuals / 3 groups)
Special awards from Chinachem Group Details to be announced later

For details of the Competition, please visit the Competition website:
www.hkgbc.org.hk/studentcompetition

Hashtag: #HKGBC

The issuer is solely responsible for the content of this announcement.

About the Hong Kong Green Building Council (HKGBC)

The Hong Kong Green Building Council (HKGBC) is a non-profit, member-led organisation established in 2009 and has become a public body under the Prevention of Bribery Ordinance since 2016. The HKGBC strives to promote the standard and development of sustainable buildings in Hong Kong. The HKGBC also aims to raise green building awareness by engaging the government, the industry and the public, and to develop practical solutions for Hong Kong’s unique, subtropical built environment of high-rise, high density urban area, leading Hong Kong to achieve carbon neutrality by 2050 and to become a world’s exemplar of green building development. The Founding Members of the HKGBC include the Construction Industry Council (CIC), the Business Environment Council (BEC), the BEAM Society Limited (BSL) and the Professional Green Building Council (PGBC).

To learn more about the HKGBC, please visit .

Hong Kong Shopping Festival Marks Singapore Debut with 100 Brands and Over 350 Products to Discover

SINGAPORE, Sept. 22, 2026 /PRNewswire/ — The Hong Kong Trade Development Council (HKTDC) announced the launch of its inaugural Hong Kong Shopping Festival in Singapore, marking the first time the event has expanded into an ASEAN market.

The festival runs from 21 to 27 September 2026, spotlighting some 100 brands and more than 350 featured products from Hong Kong across Beauty & Personal Care, Fashion, Food & Supplement, Fun & Smart Living, and Senior Wellness Essentials. Singapore consumers can explore participating brands and products through Shopee, Lazada and the official Hong Kong Shopping Festival website.

Themed “Hong Kong Highlights, One Click Away”, the campaign brings the energy and variety of Hong Kong’s shopping scene closer to Singapore consumers. From familiar household names to emerging brands and new finds, it offers shoppers a fresh way to experience the breadth of Hong Kong products while reconnecting with favourites they already know and love. Participating brands include Lee Kum Kee, CATALO, Chow Tai Fook, Chow Sang Sang, Wai Yuen Tong and Chicks, alongside a wider selection of brands and products.

Singapore marks the first step into ASEAN

The Singapore launch forms part of the initiative’s first expansion into ASEAN, with Singapore and Malaysia serving as its initial target markets. Following previous editions focused on the Chinese Mainland, the move marks a new phase for the programme as HKTDC looks to connect Hong Kong businesses with new consumers and markets across the region.

Supported by the HKSAR Government, the event gives consumers a trusted way to explore a curated selection of quality Hong Kong products. Throughout the week, shoppers can enjoy limited-time discounts of up to 50%, shopping vouchers and exclusive livestream offers as they discover participating brands across various online platforms.

Mr. Leung Kwan Ho, Regional Director, Southeast Asia & South Asia, HKTDC, said, “Hong Kong has always had a strong connection with Singapore consumers, from the brands they grew up with to the new products they continue to discover. Through the Hong Kong Shopping Festival, we hope to bring that experience closer to shoppers here, giving them an easy way to rediscover familiar favourites, uncover new brands and experience the diversity of what Hong Kong has to offer today.”

Bringing the shopping experience to life

Beyond browsing, the online shopping event will feature more than 30 hours of livestream shopping content led by popular livestream hosts and influencers in Singapore and Malaysia, giving consumers a more interactive way to engage with participating brands.

Through product demonstrations, first-hand reviews and real-time interaction, viewers can get a closer look at featured products and learn more about the brands behind them, while selected livestream sessions will also feature exclusive offers.

Dedicated campaign pages on Shopee and Lazada will also bring selected products and promotions together in one place, while the official festival website will feature participating brand information, promotional offers and curated recommendations throughout the week.

The Hong Kong Shopping Festival is the flagship annual event under HKTDC’s E-Commerce Express programme, which aims to help Hong Kong companies expand their cross-border e-commerce business and reach new markets. Through collaborations with leading e-commerce platforms, livestream promotions, and integrated marketing activities, HKTDC aims to help participating businesses enhance market visibility, gain practical cross-border e-commerce experience, and explore opportunities arising from the continued growth of ASEAN’s digital economy and e-commerce market.

The Hong Kong Shopping Festival (ASEAN) runs from 21 to 27 September 2026. For more information about the event, please visit Hong Kong Shopping Festival (ASEAN).

*Editor’s Note: For high-res images, please refer to the link: https://tinyurl.com/mb8ectm4

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. Follow us on @hktdc and LinkedIn

Bolikhamxay 100 MW Solar Project Moves Ahead as Laos Expands Solar Power

This photo is used for representational purpose only.

A 100-megawatt (MW) solar project in Bolikhamxay is moving ahead, with developers meeting local communities on 18 September to discuss the planned plant.

The project will cover 140.23 hectares in Nam Ngiep and Khuay Oudom villages in Paksan district. It will use 211,007 dual-glass monocrystalline solar panels and is expected to generate about 197 gigawatt-hours (GWh) of electricity a year.

The Lao government and Thai company APDL Solar Power Sole Co., Ltd. signed an agreement in February to study the project’s feasibility. APDL is developing the project with India’s Kosher Climate India Private Limited.

The 18 September consultation brought together provincial and district officials, local authorities, community members, and the developers to discuss the project, including plans for carbon credits. Authorities have not yet announced when construction will begin.

Solar Projects Expand Across Laos

The Bolikhamxay plant is one of 12 sites selected under the government’s national solar development and power purchasing plan.

In Oudomxay, a 100 MW solar project in Xay district is among the northern priority sites. The project is planned within the Hin Reservoir zone, covering parts of Ban Nalae and Ban Nasankham, and has already signed a feasibility study agreement with South Korea’s CTE Company.

Oudomxay is also home to Laos’ largest solar farm. A 1,000 MW facility covering 2,090 hectares across seven villages in Xay and Namor districts began operating in late 2025. It generates about 1.7 billion kWh a year, with electricity exported to China’s Yunnan Province through the Laos-China 500 kV transmission line, which became fully connected in early February.

The government has assigned the priority locations by region under its clean energy procurement guidelines, which aim to resolve power shortages during the dry season. 

Four to five projects will concentrate in the Central and Southern regions, Bolikhamxay, Khammouane, and Champasak, to support provinces with expanding industrial sectors, while another four to five will spread across the North, in Luang Prabang, Xayabouly, and Vientiane provinces, to supplement energy where hydropower dam water levels drop during the dry season.

Also in Savannakhet, a 158-hectare, 100 MW solar farm is under construction near Kaysone Phomvihane city, which prioritizes Lao-made panels, according to Lao state media.

Under Laos’s National Power Development Strategy for 2021–2030, the government plans to increase solar and wind power to 11 percent of the national electricity mix by 2030, diversifying a power sector still dominated by hydropower.

Alibaba Unveils Roadmap on Full-Stack AI Strategy from Chips, Cloud Infrastructure, Models to Agents

  • High- performance AI chips announced at Apsara Conference
  • Next-generation Qwen 4 Model in training with future model’s scale to 10 trillion parameters

HANGZHOU, CHINA – Media OutReach Newswire – 22 September 2026 – Alibaba today announced comprehensive updates with a roadmap for its full-stack AI strategy to fully unleash the value of AI at scale to customers through its latest innovations.

At this year’s Apsara Conference, Alibaba Cloud’s annual flagship technology conference, the technology innovator announced a series of updates featuring Qwen foundation models and multimodal models, new proprietary AI chips, a purpose-built agentic cloud, and an AI agent platform for mobile phones reinforcing Alibaba Cloud’s leading global position in the new AI era.

“The theme of this year’s Apsara Conference is ‘Intelligence Goes Beyond’. Over the past few years, AI has continuously expanded our imagination of technological capabilities. AI possesses vast potential for development–it can be deployed and scaled in real-world scenarios, boosting productivity across thousands of industries,” said Joe Tsai, Chairman of Alibaba Group. “This is the true meaning of ‘Intelligence Goes Beyond’: guiding AI from technological breakthroughs toward value creation.”

“Today, the total volume of Machine Thinking is less than 3% of all Human Thinking. If that volume eventually scales to 1,000x human capacity, the simple math tells us: Machine Thinking still has an enormous growth runway. As machines are becoming the primary force behind Thinking, turning intelligence into a commodity supplied at scale, the truly groundbreaking products of the Machine Intelligence era have not yet arrived,” said Eddie Wu, CEO of Alibaba Group. “With this in mind, our target is that by 2032, the global data center capacity operated by Alibaba Cloud will surpass 20GW, fueling the industry’s exponentially rising demand for AI.”

Qwen 4 in training

At the conference, Alibaba revealed that its next-generation model, Qwen 4, is currently in training. The company further announced its roadmap for the upcoming Qwen 4.5 and Qwen 5 model series, projected to scale up to 5 to 10 trillion parameters.

Alibaba has revealed progress in RSI (Recursive Self-Improvement) driven by empirical feedback. Over a month of fully automated runs – spanning pipeline design, data validation, iterative experimentation, and error diagnosis – Qwen3.8-Max completed 33 iterative cycles. Through autonomous training optimisation and post-training techniques, the updated Qwen3.8-Max boosted its Artificial Analysis score from 40 to 45.

In a chip design experiment, the model underwent over 60 hours of self-improvement across the entire design lifecycle, making more than 10,000 EDA tool calls to produce production-grade chip bus modules. This reduced chip area by 42% with zero compromise in performance.

Multimodal Model Family Upgrades

Alibaba introduced multimodal model updates spanning speech, audio, and vision.

The company debuted Qwen3.8-LiveTranslate, a simultaneous interpretation model that enhances translation fidelity, fluency, and brevity, reduces latency (LAAL) nearly 20% from 2.8 to 2.3 seconds for a smoother, more responsive real-time translation experience.

It also unveiled Qwen-Audio-3.1-TTS-Next, a next-generation audio generation model capable of creating complete cinematic soundscapes by blending dialogue and ambient sounds all at once from a text script, designed for professional creative needs such as audiobooks, film and television, podcasts and games.

The updated speech suite also includes Qwen-Audio-3.1-ASR (Automatic Speech Recognition), Qwen-Audio-3.1-TTS (Text-to-Speech), and Qwen-Audio-3.1-Realtime, offering enhanced voice AI capabilities for understanding, generation, and real-time interaction.

Qwen-Image 3.1, an image-generation model optimized for creative design and e-commerce marketing, is set to launch later this year. It cuts visual design turnaround from hours to seconds while offering advanced generative tools, including native transparent-background generation and versatile image-editing capabilities.

To standardize world model evaluation, Alibaba Token Hub, alongside leading academic and industry partners, has introduced a six-tier capability framework and launched Happyworld Arena benchmarking platform, spanning video generation, embodied AI, and spatial reconstruction.

Bringing the models closer to general users, Alibaba has launched Qwen Intelligence, a business-facing full-stack agentic solution optimized for smartphones. It provides phone makers with access to a Qwen-powered agent platform to support next-generation AI phones that can handle complex, cross-app tasks reliably.

T-Head Unveils Zhenwu V900 and Yitian CPU Roadmap

T-Head, Alibaba’s chip design unit, has unveiled the Zhenwu V900, its latest AI training and inference processor featuring high-capacity memory and robust inter-chip bandwidth.

The Zhenwu V900 delivers three times the performance of its predecessor, the Zhenwu M890 (released in May). Featuring 216 GB of GPU memory and 1,200 GB/s of inter-chip bandwidth, the new accelerator is built to power demanding AI workloads with native support across multiple data precisions, including FP8 and FP4. By significantly reducing inference costs while increasing compute density, it seamlessly handles both high-precision model training and ultra-low-precision inference. It is scheduled for mass production and commercial release in Q1 2027.

T-Head’s Zhenwu AI chips have been serving over 650 customers across different industries including automobile, finance, large language models, embodied intelligence, energy, and manufacturing.

Alibaba also unveiled its upgraded supernode server, which integrates the Zhenwu V900 processor, ICN Switch, Panmai SmartNIC, and Zhenyue SSD controller chip. Optimized for full-stack system-level synergy across compute, storage, and networking, the server can support a supernode cluster comprising up to 500,000 cards.

Additionally, Alibaba unveiled its roadmap for next-generation proprietary CPUs tailored for agentic AI tasks, scheduled for launch in 2027. The Yitian 720 features enhanced single-core performance, higher core density, and increased energy efficiency compared to its predecessor, the Yitian 710; The Yitian 730, the first CPU built on T-Head’s proprietary microarchitecture, boasts up to a 40% increase in SPECint2017/GHz performance over Yitian 710’s.

Agentic Cloud

Alibaba Cloud unveiled a comprehensive suite of upgrades centered on its agentic cloud strategy, built around three core scenarios — model, harness and context. The upgrades span three corresponding layers: AI Native Cloud for model, powering large-scale model training and inference; Agent Native Cloud for harness, enabling enterprise-grade agent deployment, operation and security; and Context Engine for context, providing real-time data and long-term memory, helping customers create real-world value with AI at scale.

AI Native Cloud

  • Alibaba Cloud’s Platform for AI (PAI) has integrated synergistic optimizations integrating inferencing, caching, sample replay and training services. In real-world post-training of Qwen models, PAI completed state-of-the-art model training in just five days, advancing from pre-training toward Agentic RL.
  • Cloud Parallel File Storage (CPFS) system is a new-generation system optimized to better support AI model training, delivering hundred-terabyte-per-second throughput and hundred-million input/output operations per second (IOPS), helping cut enterprise AI storage costs by 69%.
  • HPN 8.0 Pro, Alibaba Cloud’s latest proprietary AI networking architecture, delivers 100 petabits bandwidth with ultra-low latency. A single cluster can support over 130,000 network ports at 800G speeds, with built-in redundancy ensuring that neither optical transceiver nor link failures cause service interruptions, while reducing the impact of network upgrades and failures from 50% to 25% compared to previous generation.

Agent Native Cloud

  • AgentCore, is a new enterprise platform to build, run and manage AI agents throughout their entire lifecycle. It enables businesses to easily build and run their AI tools, safely control human-agent collaboration, and monitor performance for continuous improvements. With enterprise-grade security embedded at the operating layer, AgentCore provides organizations with a single, controlled foundation to deploy diverse AI agents and seamlessly integrate them into critical business systems at scale.
  • The Agent Security Center delivers full-lifecycle security and compliance management for enterprise AI agent applications. The platform provides a multi-layered defense system powered by real-time threat detection, ensuring agents operate securely within controllable boundaries at scale.

Context Engine

  • Agent Context is an enterprise-grade context data service that gives AI agents real-time context and long-term memory. By connecting a company’s documents, business systems, chat records and multimodal data into a single foundation, it enables agents to remember past tasks, share knowledge across teams, and learn continuously. In knowledge-intensive scenarios such as customer service, AI coding and data analytics, it cuts token usage by up to 67%.
  • OpenLake has been upgraded into a unified, multi-modality data lakehouse, where a single copy of data—structured, semi-structured, unstructured, vector, and streaming formats—serves multiple compute engines for processing, search, analysis, and model training. Compared with traditional architectures, OpenLake reduces total costs by 38% and cuts query response times by 40%.

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About Alibaba Group

Alibaba Group is a global technology company focused on AI + Cloud and commerce. We empower consumers and enterprises with our full-stack AI capabilities and services, from applications to compute infrastructure. Our AI technology based on the Qwen family of large language and multimodal models powers the intelligence behind our services across enterprise solutions and consumer platforms. Our commerce business puts consumers first and provides the technology and marketing reach to help merchants, brands, retailers and small businesses to engage with customers and operate efficiently.