Norman Tong: There is no good, medium or bad strategy, only bad and worse strategies

Norman Tong's column uses a discussion among cha chaan teng customers about 'cutting corners' in terms of good, medium and bad strategies as an opening, pointing out that in fact there are no good, medium or bad strategies, only bad and worse strategies. The customer's proposed good strategy is to negotiate with the buyer and compensate the other party, the medium strategy is to demolish and rebuild, and the bad strategy is to never compromise and take the matter to court.

Translation is not available yet. Showing the Traditional Chinese version.

曾淵滄：擎海銷售佳 越秀地產反彈料未完

曾淵滄指擎海銷售佳、越秀地產反彈料未完，並建議炒期指緊守自己定下的移動平均線規則。恒指於今年7月底完成V形反彈後連續兩個多月反覆向下，19天線一直向下移，2天線向上突破19天線的機率增加，進場機會上升。若2天線回跌至19天線之下，不該猶豫，應馬上沽出。

Stephen Hui: Is Pansy Ho or the Old Lady Lau the Real Richest Woman in Hong Kong?

The Hong Kong Real Estate Developers Association was established in 1965 by major Hong Kong property developers and is the most influential industry organisation of property developers, directly expressing the industry's stance to the government on land, housing, planning and tax policies. The association's current president is Keith Kerr, former CEO and chairman of Swire Properties (1972), while the chairman of its executive committee is Vincent Chan, chairman of Wheelock Properties (Hong Kong), who is the key figure representing the association in external interviews.

Lau Sze-ming: Financials and tech stocks support Hang Seng Index, selling pressure on hard tech continues

The Hang Seng Index edged up with support from financial and internet technology stocks, but the broader market remained soft and turnover fell, while selling pressure on hard tech stocks has yet to ease. Whether the downward adjustment trend since August can be reversed remains to be confirmed.

Sik Wai-kit: Sodium batteries hit the road, adopted by electric vehicle energy storage systems

Sik Wai-kit pointed out that 2026 is widely referred to in the energy and battery academic community, authoritative media and other quarters as the "first year of sodium battery mass production" and the "year marking the opening of the sodium battery era", which is of major milestone significance for the development of sodium batteries.

Leung Tin-cheuk: What if the condom really does leak

Leung Tin-cheuk writes in response to Shih Wing-ching's proposal that the government require manufacturers to produce a certain proportion of condoms that leak, then adjust the proportion of defective products to regulate the birth rate. He believes this involves users' informed consent and reproductive autonomy, and is by no means a trivial matter. He points out that even setting aside the rights issue for now, the numbers may not add up.

Ng Lai-yin: WuXi AppTec worth watching on pullback

WuXi AppTec (2359) first-half revenue rose 38.9% year on year, while net profit attributable to shareholders rose 33.7% year on year. Gross margin rose 9.4 percentage points year on year to 53.2%, mainly due to continuous optimisation of production processes and capacity efficiency improvements driven by growth in late-stage clinical and commercialisation projects.

Cheung Siu-chung: Hong Kong stocks show signs of stabilising, can buy in tranches

Cheung Siu-chung said Hong Kong stocks show signs of stabilising and can be bought in tranches. The Hang Seng Index rose 59 points yesterday to close at 24,271 points, with turnover of $162.6 billion, advancing on the support of banking stocks, while the Japanese and Taiwanese stock markets edged down and the South Korean market fell sharply. He noted that the market narrative recently has been leaning towards being bullish on Hong Kong stocks, and there have been some signs of warmth in policy.

IMF: AI a 'slow tsunami' hitting jobs; AI investment supports global economic growth of 3%, Asia benefits greatly

IMF Managing Director Kristalina Georgieva said strong investment in AI infrastructure is keeping global economic growth at around 3%, bringing huge benefits to Asian economies that supply hardware, while heralding a 'slow-moving tsunami' that could hit jobs, taxation and education. US stock indices traded in narrow ranges early in the session. Mainland memory chip maker ChangXin Memory Technologies is set to launch a new generation of DRAM architecture, while Micron Technology (US: MU) fell 4% early in the session.

惜食堂伙Keeta推出安老愛心凍餐速遞計劃 為長者送凍餐減照顧者壓力

惜食堂與外賣平台Keeta聯手地區社福機構，推出「安老愛心凍餐速遞計劃」，為有需要的長者送上凍餐。計劃以跨界別合作形式減輕照顧者壓力，同時讓長者更靈活安排自己的時間，有尊嚴地實現居家安老。

Translation is not available yet. Showing the Traditional Chinese version.

富衛1.6億向李澤楷購保特保險25%

富衛（1828）公布上周六訂立協議，以2070萬美元（約1.62億港元）向大股東李澤楷購入保特保險（香港）25%股權。保特保險（香港）經營一般保險業務，2020年從富衛分拆。以當年全部股份作價7680萬美元計算，富衛今次以7.81%溢價購回25%股份。

Link REIT's Anderson Road Ling Tat shopping mall 83% leased, opens today; first self-built mall, may continue to seek opportunities in future

Link REIT's Ling Tat shopping mall, self-built in the Anderson Road New Development Area with an investment of $1.6 billion, opens today (13th), with a current leasing rate of about 83%. The mall has a gross floor area of 139,000 square feet, with retail and market each accounting for about 64,000 and 16,000 square feet respectively, and will serve a population of 30,000 in the Anderson Road community. Lo Yan-kei, Head of Hong Kong Asset Management at Link REIT, said the group will look for opportunities to build its own shopping malls in future as needed.

Securities and Futures Commission consultation conclusions strengthen crackdown on new listing misconduct, amendments expected to take effect in first quarter of 2027

The Securities and Futures Commission has published consultation conclusions, strengthening targeted tools under the Securities and Futures (Stock Market Listing) Rules to combat misconduct related to initial public offerings and other corporate misconduct. Subject to the progress of the legislative process, the relevant amendments are expected to take effect in the first quarter of 2027.

Translation is not available yet. Showing the Traditional Chinese version.

東山精密最多籌234億 今年第三大

東山精密（深：002384）已開始評估投資者意向，目標集資約20億至30億美元（約156億至234億港元）。若以最高集資額計，將成為今年集資額第三大新股，排在集資251億元的立訊精密（2475）之後。消息由彭博社引述知情人士報道。

Translation is not available yet. Showing the Traditional Chinese version.

新皇崗口岸今早6時半開通 截至午5時約4.2萬人次出入境 較舊口岸9月每周一平均增逾一倍

新皇崗口岸今早6時半開通，截至今午5時約4.2萬人次經該口岸出入境，較舊皇崗口岸（落馬洲管制站）9月每周一平均出入境人數增逾一倍。保安局回覆明報表示整體秩序良好。

Translation is not available yet. Showing the Traditional Chinese version.

許志安演唱會假門票案 警接11人報案涉款約2.9萬元 48歲女被捕明日提堂

多名市民購入許志安演唱會假門票，上周六（8日）入場遭拒後報案，警方回覆稱接獲11人報案，涉款共約2.9萬元，案件列作「以欺騙手段取得財產」處理。警方已於本月10日拘捕一名本地女子，她被控4項同罪，明日（13日）上午在西九龍裁判法院提堂。

Garden逾700 primary pupils make sandwiches in event criticised as chaotic; company issues late-night statement saying all students safe

Garden held its anniversary celebration at the hall of St. Paul's College Tang Chung Ying Secondary School in Wan Chai yesterday (11th), arranging for more than 700 primary school pupils to make sandwiches by hand in an attempt to break a Guinness World Record. The event was criticised for chaotic on-site management, with parents jostling to enter, resulting in pushing and damage to the door handle of the hall. Garden issued a statement late tonight (12th) in response, saying that students had been arranged to leave in an orderly manner in stages, no stampedes or fights occurred, no one was injured, and all students had safely returned to their parents.

Translation is not available yet. Showing the Traditional Chinese version.

BEACON PEAK本月開齋 3房2650萬沽呎售2.75萬

世茂旗下九龍半山延坪道現樓BEACON PEAK售出第5座15樓C室，實用面積961方呎3房戶，成交價2650.6萬元、實呎27,582元。該成交屬項目10月首宗成交，屬較冷門市區新盤當月首宗交易。

HKUST and Sino Group Million Dollar Entrepreneurship Competition: Sino Group's Vincent Wong Wing-loong on driving sustained development of the innovation and technology ecosystem

The finals and award ceremony of the "HKUST-Sino Group Million Dollar Entrepreneurship Competition 2026", jointly held by HKUST and Sino Group, took place today at the Shaw Auditorium of HKUST, where the results of all major awards were officially announced. The two parties also announced the launch of the HKUST InnoBay 1M PLUS programme, extending the competition from a contest platform to a continuous nurturing and commercialisation platform, providing potential teams with opportunities for application scenario matching, partner pairing and proof-of-concept projects.

Translation is not available yet. Showing the Traditional Chinese version.

維港‧灣畔連售兩伙涉2547萬 兩房呎售逾2.7萬

中海外牽頭發展的啟德跑道區現樓維港‧灣畔今日連售兩伙，涉資逾2547萬元。當中第1C座3樓B室實用面積489方呎的兩房連儲物房以1347.2萬元成交，實呎27,550元。

Multiple members of public buy fake Andy Hui concert tickets, police receive 11 reports involving about $29,000

Police received reports from 11 people involving a total of about $29,000, and the case is being handled as "obtaining property by deception". Multiple members of the public bought fake Andy Hui concert tickets, and only discovered they had been defrauded and reported the case when they were refused entry on Saturday (8th).

Translation is not available yet. Showing the Traditional Chinese version.

首岸2期開展銷售 代理消息指暫售約20伙

恒地（0012）及市建局等合作發展的紅磡庇利街首岸第2期今日以先到先得形式發售，尖沙嘴美麗華廣場售樓處現場消息指暫售約20伙。首張價單整批80伙折實均呎21,426元，較6月推出的第4期首批60伙折實均呎21,301元稍高，樓花期約10個月。

Wong Ngon-yin case over disclosing meeting with National Security officers continues at District Court

The case of current affairs commentator Wong Ngon-yin, who is accused of disclosing on YouTube the contents of a meeting with National Security Bureau officers and of publishing videos alleged to have seditious intent, continued at the District Court on the 12th. The prosecution played two videos involved in the case and a video-recorded police caution interview. During the caution, the defendant said he believed his actions were lawful, and that news of his meeting with National Security officers had already been reported by the media.

Translation is not available yet. Showing the Traditional Chinese version.

單車節車手「推車」往終點 鄭泳舜批不能接受 促研改良路線

香港單車節昨日（11日）首度移師西九文化區，32公里組車手未能按原定路線駛上汀九橋，臨近終點更有大批車手被迫步行推車。立法會議員鄭泳舜在港台節目《千禧年代》形容大會失誤「頗大」，對大會賽後聲明感到失望及不太接受。

Translation is not available yet. Showing the Traditional Chinese version.

海日灣4房2233萬沽 呎價1.48萬

億京旗下大埔白石角現樓項目海日灣售出Court D第2座6樓D室，實用面積1504方呎4房，成交價2233.7萬元、實呎14,852元，成交期105日。今日新盤市場暫以餘貨成交為主。

Translation is not available yet. Showing the Traditional Chinese version.

51歲女於法庭外走廊拍照 獲准自簽守行為18個月

一名51歲女子今年2月出席勞資審裁處聆訊，休庭期間在法庭外走廊拍攝兩名應訊者而被捕，今日在觀塘裁判法院獲准自簽HK$1,000守行為18個月，同時撤回控罪。她早前被控一項《簡易程予治罪條例》下的「在法庭內拍攝照片」罪。

Eric Chan: Hong Kong's construction standards remain world-class; industry to seriously follow up on 'black sheep'

Eric Chan, President of the Institution of Engineers, Hong Kong, attended a media tea gathering today (the 12th), saying that Hong Kong's overall construction standards remain 'world-class', and he believes the industry and the government will seriously follow up on the 'black sheep'. He said he would not comment before grasping the full picture of the facts. Recently, a series of construction issues have emerged, including structural dimension deviations in the lift shaft walls of the clinical building at Queen Mary Hospital, and concrete strength failing to meet standards in public housing in Area 42, Tung Chung.

Translation is not available yet. Showing the Traditional Chinese version.

專才客2.7萬租Kennedy 38一房 呎租逾92元

內地專才以HK$2.7萬元租入西環堅尼地城半新盤Kennedy 38高層M室，實用面積293方呎一房戶，望部分海景，實用呎租逾92元。中原副分區營業經理趙俊傑表示，新租客為專才。業主2024年以935萬元一手購入單位，享約3.5厘租金回報。

新地西貢西沙SIERRA SEA第2C(2)期加推53伙，周六首輪價單發售142伙

新地(0016)西貢西沙SIERRA SEA第2C(2)期今日加推第3號價單，涉及53伙，兩房折實售價約543.91萬元起。發展商同步上載首份銷售安排，敲定本周六(17日)進行首輪價單發售142伙，另於本周五(16日)以招標形式推售56伙。

Translation is not available yet. Showing the Traditional Chinese version.

西邊街15號開放式戶560萬沽 8個月炒貴約6%

西營盤西邊街15號中層C室一個212方呎開放式單位以560萬元易手，實呎約26,415元。原業主今年初以528萬元購入，持貨約8個月，帳面獲利32萬元或約6%。新買家在中環上班，由租轉買，購入單位自用。

Translation is not available yet. Showing the Traditional Chinese version.

新皇崗口岸啟用 廊橋國際商舖同日開業吸客

新皇崗口岸12日正式開通，最鄰近口岸的皇御苑第五期「廊橋國際」有商舖特意選在同日開業，其中食肆生意暢旺。

Translation is not available yet. Showing the Traditional Chinese version.

景福2.7億租太古廣場舖位6年 將設VIP休息區

景福集團公布以基本租金2.685億元租用金鐘太古廣場2期商場3樓舖位，佔地約5920方呎，租期72個月即約6年，折合平均每月基本租金372.9萬元、平均呎租約630元。租戶另需支付按營業額6.75%至6.9%的分成租金，業主將提供開業前最長6個月免租期。

Centre for Health Protection: Immediate risk to Hong Kong public health from unknown pneumonia death cases in Russia is low; health monitoring of travellers arriving from Russia stepped up

The Centre for Health Protection assessed that the unknown pneumonia death cases in Russia pose a low immediate risk to Hong Kong's public health, and has stepped up health monitoring at the airport for passengers on relevant flights arriving from Russia. The latest announcement by the World Health Organization and information from Russian authorities showed that no plague cases have been recorded in Irkutsk Oblast recently, and no evidence of ongoing transmission related to the incident was found.

Translation is not available yet. Showing the Traditional Chinese version.

天璽．天低層兩房租2.13萬 業主回報3.8厘

中原分行經理施蒂文表示，啟德新晉指標屋苑天璽‧天第3座低層B3室以月租2.13萬元租出，實用呎租約71元。該單位實用面積301方呎、1房間隔，向北望市景。業主2024年10月以約664萬元一手購入，持貨2年，享3.8厘租金回報。

Translation is not available yet. Showing the Traditional Chinese version.

碧海藍天中層兩房租2.25萬 呎租45元

荔枝角西九四小龍之一碧海藍天6座中層G室497方呎兩房議價後以2.25萬元租出，實用呎租45元。業主原以2.4萬元放租，減1500元或6%成交。業主2017年以802萬元購入單位，享3.4厘租金回報。

Translation is not available yet. Showing the Traditional Chinese version.

專才客2.7萬租Kennedy 38一房 呎租逾92元

內地專才以HK$2.7萬元租入西環堅尼地城半新盤Kennedy 38高層M室，實用面積293方呎一房戶，望部分海景，實用呎租逾92元。中原副分區營業經理趙俊傑表示，新租客為專才。業主2024年以935萬元一手購入單位，享約3.5厘租金回報。

Translation is not available yet. Showing the Traditional Chinese version.

YOHO WEST PARKSIDE一房戶年半炒貴逾三成

天水圍YOHO WEST PARKSIDE一間實用303方呎的一房單位以428萬元沽出，實呎14125元，原業主去年3月以322.42萬元一手買入，持貨約1年半帳面賺105.58萬元或33%。中原地產指YOHO West本月錄得9宗二手成交，平均實呎約13659元，其中入伙約兩個月的二期YOHO WEST PARKSIDE佔6宗。

大手客9115萬連購天瀧兩伙3房 呎價4.1萬

大手客斥資9115萬元購入恒地啟德跑道區天瀧第6座28樓A、B室兩伙3房，實用面積1085、1102方呎，成交價分別4533萬元及4582萬元，實呎均逾4.1萬元。天瀧全盤累售318伙，連車位合共套現逾133億元；10月迄今整體一手成交暫累錄約560宗。

Translation is not available yet. Showing the Traditional Chinese version.

慢病共治計劃近6000人完成一年跟進 港大醫學院推算未來10年二型糖尿病患者數量減

慢病共治計劃推出約3年已有逾20萬人參與，其中4成篩查者患有三高。港大醫學院獲基層醫療署委託統計計劃初期參與者一年跟進情況，糖尿病患者12個月後糖化血紅蛋白達標率高2.8倍，並推算每20萬名參加者未來10年可減少近600名二型糖尿病患者。

Fu Shibiao family puts The Bauhinia Hotel up for sale, whole building valued at $880 million

The Fu Shibiao family is putting The Bauhinia Hotel, a whole building at 20 Granville Road, Tsim Sha Tsui, up for sale, with a market value of about $880 million, jointly appointed Sinomark Capital and CBRE as exclusive sales agents. The hotel rises 17 storeys with a 6-storey podium, was converted in 2016, has a total gross floor area of about 45,348 sq ft and offers 81 guest rooms, equivalent to about $19,400 per sq ft.