Strategic Collaboration Targets Over US$22 Million in Sales
HONG KONG SAR – Media OutReach Newswire – 3 September 2026 – Wellcome, Hong Kong’s longest established supermarket chain with the largest store network, has announced a strategic partnership with CJ Foods, South Korea’s largest food company and a leading force in the globalisation of K-food with its bibigo™ brand. Marked by a signing ceremony in Seoul, the collaboration will further strengthen Wellcome’s Korean food offering, bringing a wider selection of authentic Korean favourites to customers across the stores at Wellcome and Market Place stores across Hong Kong.
Darren Chan, Managing Director, Food, Hong Kong & Macau at DFI Retail Group (Right) and Teresa Bae, Chief Business and Strategy Officer at CJ Foods (Left), joined their respective teams at the partnership signing ceremony held in Seoul, marking a strategic collaboration to bring more Korean food choices to customers in Hong Kong through Wellcome and Market Place.
The collaboration is expected to generate more than US$22 million in sales, and will significantly expand the Korean product assortment at Wellcome and Market Place across key categories, including groceries, chilled foods, Korean-inspired ready meals, snacks, frozen meals and healthy meals.
The partnership aligns with Wellcome’s ongoing strategy to broaden its international product assortment, drive innovation and stay attuned to evolving consumer tastes, while bringing more sought-after global brands to customers in Hong Kong. To mark the partnership, over 30 products have been featured in Wellcome’s popular Everyday Value price-lock programme, reinforcing Wellcome’s commitment to delivering quality products at great value for customers.
Bringing Over 100 Korean Products to Hong Kong Customers
As demand for Korean food continues to grow in Hong Kong, spanning everyday grocery essentials, frozen meals and ready-to-eat favourites, Wellcome continues to strengthen its international product range, bringing sought-after global brands and greater choice to customers.
Through the partnership with CJ, Wellcome will introduce new products across multiple categories and targets bringing over 100 Korean food products from CJ Foods to its store network in phases. The expanded range will give customers greater access to authentic Korean flavours and a wider variety of quality food choices.
Among the exclusive products launching at Wellcome are the Bibigo tofu and Bibigo kimchi. Made using traditional Korean recipes with carefully fermented napa cabbage, the kimchi offers a versatile Korean side dish that combines authentic flavours with everyday convenience.
Delivering Greater Value Through Everyday Value
At Wellcome, providing customers with quality products at great value remains a key priority. Since its launch in 2025, the Everyday Value price-lock programme has demonstrated Wellcome’s commitment to helping customers better manage their everyday grocery spending while enjoying dependable quality.
Over 30 products from CJ Foods have been featured in the Everyday Value programme, with prices locked. The initiative allows customers to enjoy popular Korean products at stable, competitive prices without compromising on quality.
Darren Chan, Managing Director, Food, Hong Kong & Macau, DFI Retail Group, said: “At Wellcome, we are committed to offering customers quality products from around the world while delivering exceptional value every day.
Korean food has become an increasingly important category for Hong Kong consumers, reflecting growing interest in both Korean cuisine and culture. Through our partnership with CJ, we are bringing trusted Korean brands closer to our customers, while leveraging our extensive store network and Everyday Value programme to make these products more accessible than ever.”
Teresa Bae, Chief Business and Strategy Officer, CJ Foods, said: “This partnership marks a new foothold for the growth of our K-food business in Hong Kong, one of the world’s leading global business hubs. With delicious bibigo products, we will deliver the distinctive flavors of K-food to Hong Kong consumers.”
From 4 Sep to 17 Sep, 2026, CJ products will be available at the Korean Food Fair at Wellcome and Market Place.
The issuer is solely responsible for the content of this announcement.
Wellcome
Established in 1945, Wellcome is Hong Kong’s longest established supermarket chain with the largest store network. Since 1964, the company has been wholly owned by DFI Retail Group and serves as the Group’s key supermarket brand in its food business. Together with Market Place, 3hreesixty and Oliver’s, Wellcome operates a network of over 325 stores serving more than 14 million customers every month.
With the mission of “Always Fresh, Always Value and Always Here for You”, we take pride and passion in providing a quality range of fresh and grocery products, great value and an exciting shopping experience to help our customers save more and enjoy more. As a market-leading supermarket, Wellcome constantly innovates to serve our communities better. In 2021, it introduced a new format, Wellcome Fresh, which offers great value and high-quality fresh produce in an environment that combines the atmosphere of a wet market with the convenience of a supermarket. In 2025, Wellcome launched “Everyday Value” price commitment, locking prices on over 500 fresh & grocery essentials for customers. More recently, it has accelerated its e-Commerce development, enhancing the omnichannel customer journey by offering a more convenient, flexible and personalised grocery shopping experience. For more information about Wellcome, please visit http://www.wellcome.com.hk.
CJ Foods
CJ Foods, a business unit of CJ CheilJedang, is a global food company delivering a variety of products ranging from food ingredients and frozen/chilled foods to appetizers. Established as Korea’s first sugar manufacturer in 1953, CJ Foods has grown to become the country’s largest food company. Today, it is leading the global food industry with its renowned Korean food brand, “bibigo.” The company operates in multiple regions worldwide including South Korea, the U.S. (as CJ Schwan’s), Japan, China, Southeast Asia, Europe, and Oceania. For more information, visit https://www.cj.co.kr/en/aboutus/business/food
Next-generation built-in oven features 350°C pizza cooking, an 81-liter capacity and smart connectivity ahead of its planned global launch in 2027.
BERLIN, GERMANY – Media OutReach Newswire – 2 September 2026 – Midea will showcase its new SpaceMaster Series built-in oven at IFA 2026 in Berlin, offering an early look at its next generation of smart kitchen appliances ahead of a planned global market launch in 2027.
At the core of the SpaceMaster Series is Midea’s Graphene Turbo Hot Air Technology, designed to deliver rapid and even heat distribution. Leveraging graphene’s high thermal conductivity, the heating system responds in as little as 0.2 seconds, enabling precise temperature control while reducing preheating time.
The technology also supports a dedicated 350°C pizza program. Combined with the included refractory pizza stone, the high-temperature cooking mode is designed to produce crisp, stone-baked-style pizza at home.
Key features of the Midea SpaceMaster Series include:
Graphene Turbo Hot Air Technology: Rapid 0.2-second heating response for precise and energy-efficient cooking.
350°C Pizza Program: High-temperature cooking with a dedicated pizza stone for crisp, pizzeria-style results.
81-Liter Capacity: A spacious cavity supports simultaneous cooking across three levels with independent temperature control.
Smart and Easy-Care Design: Dual self-cleaning, A++ energy efficiency, Midea SmartHome App connectivity, and compatibility with Google Home and Amazon Alexa.
The 81-liter oven is designed for households preparing multiple dishes at once, while its multi-level cooking system enables different foods to be cooked simultaneously with individual temperature settings. A dual self-cleaning system simplifies maintenance, while connected controls provide additional flexibility for everyday use.
“Cooking at home has become more than a routine task for many consumers; it is increasingly part of how people experience quality, creativity and enjoyment in everyday life,” said a Midea spokesperson. “With the SpaceMaster Series, we are combining advanced thermal technology with intuitive operation to make professional cooking capabilities, including 350°C pizza baking, more accessible in the home.”
Hashtag: #Midea
The issuer is solely responsible for the content of this announcement.
About Midea & Midea MOA
Midea is a global technology group ranked No. 246 on the 2025 Fortune Global 500 and No. 39 among the world’s most valuable technology brands in the Brand Finance Top 100 2026. Midea has ranked No. 1 globally in microwave appliances for 10 consecutive years (Euromonitor, 2016–2025). Its Microwave & Oven Appliance (MOA) division generated USD 3.05 billion in revenue in 2025.
Midea operates seven global R&D centers, holds more than 5,500 granted patents and serves markets in more than 160 countries and regions.
Following the success of Midea PortaSplit in Europe, Midea continues its locally focused approach to innovation. At IFA 2026, the company will showcase new laundry and floor care solutions specifically designed to meet the needs of modern European households.
BERLIN, GERMANY – Media OutReach Newswire – 2 September 2026 – Different textiles, delicate garments, pet hair, liquid spills and stubborn stains are making household cleaning increasingly complex. At IFA 2026, Midea will showcase new laundry and floor care solutions under the theme “Zoned Care. Omni Clean.”, designed to address different cleaning needs in a more targeted, efficient and convenient way.
With “Zoned Care. Omni Clean.”, Midea translates these diverse needs into two clearly defined solution areas. “Zoned Care” represents a more targeted and separated approach to caring for different textiles and laundry types, while “Omni Clean” focuses on delivering comprehensive floor cleaning across different types of dirt and mess. At IFA 2026, Midea will demonstrate how this approach is brought to life through new technologies, including the Midea Omni Trio multi-drum washing machine and the Midea AT8 Ultra wet-and-dry vacuum and floor cleaner.
IFA 2026 PRODUCT HIGHLIGHTS
Midea Omni Trio (Multi-Drum Washing Machine): Featuring three independent washing drums, each with its own Direct Drive motor and separate water flow system, the Omni Trio enables different textiles and laundry types to be washed simultaneously while remaining fully separated. Despite its multi-drum design, it maintains a compact standard height of 850 mm and can be installed without modifications to the existing laundry space. For added user comfort, the Omni Trio also carries the VDE “Low Noise” certification and, according to VDE, delivers low-noise performance that is 10% better than the requirements for Class A acoustic airborne noise emissions under EU Regulation 2019/2014.
Midea AT8 Ultra (Wet-and-Dry Vacuum & Floor Cleaner): Designed to address different floor-cleaning needs, the AT8 Ultra combines Easy Foam technology, 60°C hot water for stain removal, and an intelligent robotic arm for precise edge cleaning and the removal of residual water. The system is designed to reduce the need for additional cleaning detergent for up to one year.
With both new products, Midea is pursuing a shared approach: household appliances should adapt more closely to different lifestyles and cleaning needs — not the other way around. Through “Zoned Care. Omni Clean.”, Midea brings together targeted laundry care solutions with comprehensive floor-cleaning technologies.
Visitors to IFA 2026 will be able to experience the new products and technologies live at the Midea booth and learn more about the innovations behind them.
Hashtag: #Midea
The issuer is solely responsible for the content of this announcement.
ABOUT MIDEA & MIDEA GROUP
Midea is a global technology company specializing in smart home appliances, climate solutions and floor care technologies, with a focus on user-centric design, energy efficiency and sustainable innovation.
JAKARTA, INDONESIA – Media OutReach Newswire – 2 September 2026 – The Government of the Macao Special Administrative Region of the People’s Republic of China convened a reception alongside the Macao Economic, Trade, and Tourism Investment Promotion Seminar in Jakarta, Indonesia, on September 1, to advance multi-domain cooperation between Macao and Indonesia at both governmental and non-governmental levels. The event hosted over 120 business matching sessions, yielding more than 80 cooperation agreements across key sectors, including tourism, high-tech, healthcare, and conventions and exhibitions.
The event gathered over 350 distinguished guests, including Mr.Sam Hou Fai, Chief Executive of the Macao SAR; Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, Republic of Indonesia; and Wang Lutong, Chinese Ambassador to Indonesia. Also in attendance were members of the Macao SAR Government and entrepreneur delegations, representatives from the Chinese Embassy in Indonesia, and prominent figures from various sectors in Indonesia.
Mr.Sam Hou Fai stated that the implementation of China’s 15th Five-Year Plan and the Macao SAR’s 3rd Five-Year Plan will unlock cooperation opportunities between Macao and Indonesia. He noted that Indonesia is the birthplace of the “21st Century Maritime Silk Road,” and both Macao and Indonesia are pivotal nodes along this route. Guided by the Belt and Road Initiative and the China-Indonesia Comprehensive Strategic Dialogue mechanism, the friendly cooperative ties are poised to deepen further.
In the first half of this year, international visitor to Macao rose by 6% year-on-year, with approximately 88,000 Indonesian tourists—ranking among the top source markets in Southeast Asia. This highlights the close ties between Macao and Indonesia in people-to-people exchanges, trade, and tourism. The Macao SAR Government is committed to promoting exchanges at all levels. By leveraging Macao’s role as a vital bridgehead for China’s high-level opening-up and as a “precise connector,” Macao aims to strengthen all-around, pragmatic cooperation in trade, investment, MICE, tourism, and cultural exchanges, actively contributing to a China-Indonesia community with a shared future.
Edi Prio Pambudi, Deputy Minister for International Economic Cooperation of the Coordinating Ministry for Economic Affairs of Indonesia, stated in his speech that under the “One Country, Two Systems” principle, Macao has built an outstanding international reputation with its long-term stability, high degree of openness, and strong connectivity. As a vital hub for mutual learning between Chinese and Western civilizations, Macao has successfully gathered global talent, capital, and creativity. Indonesian sectors widely applaud and anticipate Macao’s economic diversification.
He noted that close economic and cultural ties have driven Macao enterprises to invest in Indonesian projects like construction and transportation. In terms of tourism, Macao welcomed over 200,000 visitors from Indonesia last year, ranking Indonesia among Macao’s top source markets in Southeast Asia. Indonesia’s visa-free policy for Macao SAR passport holders will further facilitate mutual exchanges. Looking ahead, Indonesia and Macao share vast potential for cooperation in Halal products, Traditional Chinese Medicine (TCM), and connectivity. Hashtag: #MacaoEconomicTradeandTourismInvestmentPromotionSeminar
The issuer is solely responsible for the content of this announcement.
SINGAPORE – Media OutReach Newswire – 2 September 2026 – MyRepublic announced the launch of Hyperpeer, a Game Acceleration Service for gamers in Singapore and Malaysia. The service is open to gamers regardless of which internet service provider they use. Hyperpeer optimises gaming-related routing for supported online games, helping to deliver an enhanced gaming experience with up to 30% reduction in ping.
Hyperpeer, a Game Acceleration Service for gamers.
A 24-month subscription to Hyperpeer is also included with MyRepublic’s GAMER+ Broadband Plans, further strengthening the company’s commitment to meeting the increasing needs of the gaming community.
Hyperpeer
Available as a standalone subscription, Hyperpeer automatically optimises routing by selecting the shortest available route to the game server, helping deliver lower latency, packet loss and jitter. With its private network dedicated exclusively to gaming traffic and not shared with other bandwidth-intensive activities such as video streaming, large downloads or file transfers, the service is designed to ensure dedicated gaming performance without compromise.
Gamers can enjoy a seamless experience with one-click connection and automatic route optimisation by downloading a lightweight desktop application designed with low PC requirements in mind. Customers can also access round-the-clock assistance through Hyperpeer’s dedicated 24/7 helpdesk.
Hyperpeer is available at an introductory price of S$6.90 per month (usual price: S$9.90 per month) for the first 100 customers. Following the launch, MyRepublic will continue to enhance the service with more supported games, new features, regular updates, network expansion and optimisation, and with more supported countries to be added in 2027.
Gamers are also welcome to request the games they would like to be included as part of upcoming enhancements. To do that, they can simply do so via the Hyperpeer website.
MyRepublic’s GAMER+ Broadband Plans
Hyperpeer has also been added to MyRepublic’s newly launched GAMER+ broadband plans, further enhancing the ultra-low latency gaming experience enabled by the current custom network routing of optimised routes MyRepublic GAMER broadband users are familiar with.
This follows the recent launch of the Dreamcore x MyRepublic RTX5060TiGaming PC, the ASUS T1 RTX 5070 Graphics Card Bundle, and a refresh of gaming routers, as MyRepublic continues to enhance its propositions to better serve the gaming community.
“With the launch of Hyperpeer and our new GAMER+ proposition, we are redefining the gaming connectivity landscape. While we continue to enhance our GAMER plans, we also recognise that gamers deserve great experiences regardless of who their internet provider is. That’s why we’re introducing solutions that benefit gamers across Singapore, including Malaysia, and eventually the wider region. Our ambition is to make a better gaming experiences more accessible and continue supporting the community we’ve proudly championed since day one.” said Lawrence Chan, Managing Director and Chief AI Officer, MyRepublic.
Get started
New users can activate a complimentary 7-day free trial before selecting a subscription plan with an early bird launch special promo currently ongoing.
Visit https://hyperpeer.net to create an account, start your free trial, and discover the MyRepublic gaming experience. Hashtag: #Hyperpeer #MyRepublic #Gaming #GameAcceleration #GamingConnectivity #OnlineGaming #Gamer
The issuer is solely responsible for the content of this announcement.
MyRepublic Broadband Pte Ltd
MyRepublic Broadband Pte Ltd is a Singapore-based telecommunications provider delivering high-speed broadband, managed services, and connectivity solutions to consumers and businesses. MyRepublic serves the SME segment with business internet plans, managed IT services, and cybersecurity solutions designed for growing companies. For more information, visit https://myrepublic.net/sg/.
The Competition and Consumer Commission of Singapore clarified that The Mineral Boutique Limited was not part of the DNA Brands investigation, as the Hong Kong beauty and wellness company looks to its next phase of growth across Asia
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – The Mineral Boutique Limited, the Hong Kong-registered owner of The Mineral Boutique brand and trademarks, welcomes the clarification issued by the Competition and Consumer Commission of Singapore (“CCS”) concerning its investigation into DNA Brands Co Pte Ltd.
In its clarification of 11 August 2026, CCS confirmed that references to The Mineral Boutique concerned specific Singapore outlets operated by DNA Brands, and that The Mineral Boutique Limited was not subject to the investigation. This distinction has subsequently been reflected in updated media reporting.
CCS stated:
“The Mineral Boutique Limited, and any outlets other than those named above trading under The Mineral Boutique brand trademarks, were not subject to this investigation.”
The distinction is important: operating particular retail outlets under a brand name is separate from ownership or management of the underlying brand.
Because the relevant Singapore outlets traded under The Mineral Boutique name, earlier public reporting sometimes conflated operation of those particular outlets with ownership or management of the underlying brand. The CCS clarification allows that distinction to be reflected accurately in the continuing public record.
The Mineral Boutique Limited supports the continued identification of the relevant Singapore outlets where necessary to assist consumers and the CCS refund process. The company has asked publishers only to ensure that the continuing public record accurately distinguishes those DNA Brands-operated outlets from The Mineral Boutique Limited and its wider business.
CCS’s refund scheme identifies the relevant Singapore outlets at Jewel Changi Airport, NEX and Wheelock Place among the outlets operated by DNA Brands. Consumers who may be eligible for the refund scheme can continue to contact the Consumers Association of Singapore (“CASE”) directly.
Building the Next Phase of The Mineral Boutique
With this distinction now reflected in the official record, The Mineral Boutique is focused on its next stage of development.
The Mineral Boutique is a beauty and wellness concept with an established retail and spa presence across Hong Kong and Macau. Its approach brings together mineral-powered skincare, professional treatments, advanced beauty technology and wellness within an integrated customer experience.
The brand has received consecutive recognition from Vogue Hong Kong, including Best Beauty Flash at the 2025 Vogue Hong Kong Beauty Awards and Best Anti-Aging Mask at the 2026 awards.
Kimmy Lee, Chief Commercial Officer of The Mineral Boutique Limited, said:
“The Mineral Boutique will continue to grow across Asia through a more holistic approach that connects skincare, advanced beauty technology, professional treatments and wellness.
“An upcoming collaboration with Paris-based 48 Collagen Café is one example of how we are extending the customer experience beyond traditional beauty retail.
“We remain focused on innovation, trusted partnerships and consistently high standards of service as we build the next chapter of The Mineral Boutique across the region.”
The Mineral Boutique Limited will continue working constructively with media, partners and other stakeholders to ensure the public record remains accurate while advancing its long-term growth strategy across Asia.
The issuer is solely responsible for the content of this announcement.
About The Mineral Boutique Limited
The Mineral Boutique Limited is a Hong Kong-registered company and owner of The Mineral Boutique brand and trademarks.
The Mineral Boutique combines premium skincare, professional treatments, advanced beauty technology and wellness experiences, with an established retail and spa presence across Hong Kong and Macau.
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – Starjoy (3662) announced its interim results for the first half of 2026. The Company’s net profit was RMB23.1 million, representing a year-on-year increase of approximately 10%. Core net profit amounted to RMB43.7 million. Basic earnings per share was RMB2.87 cents. The Company declared its first interim dividend, implying an annualized dividend yield of approximately 4.8%. It will continue to strive to enhance corporate value, foster sustainable development, and deliver long‑term returns and value to shareholders.
In recent years, the macro‑economic environment and real estate sector have remained uncertain, and market pressures persist. However, the Company has proactively adjusted its strategy, taking “long-term sustainability” as the core of its development and actively withdrawn from projects with risks, persistently low collection rates, and sustained cash flow losses, while actively improving service quality, focusing on management, rigorously controlling costs, and optimising supplier payment terms. As a result, the Company is well‑positioned to navigate market volatility, with greater focus on managing competitive projects so as to stabilise and mitigate adverse financial impacts. The Company anticipates that these strategic adjustments will yield results, financial impacts will stabilise and the strategy will deliver tangible outcomes going forward.
Looking ahead, the Company will continue to implement its prudent strategy and proactively respond to the challenges of the external economic environment and markets through resilient operational management. In terms of development strategies, the Company will break conventional mindsets, strive to optimise and adjust its management portfolio, and actively pursue new business areas. These include overseas property management projects, real estate and property management-related industries, as well as proactive transformation into new areas such as smart communities and artificial intelligence (AI).
It will also actively advance technology implementation and focus on applied research for smart communities and AI, to foster the digital transformation of traditional property management. Meanwhile, aligned with national strategics and seizing the opportunities of the times, the Company will conduct in‑depth research across sectors including intelligence-driven development, China’s silver economy, the elderly-care industry and community-based elderly care renovation. This will help build new competitive strengths and growth inflection points, while the Company remains committed to enhancing long‑term value for shareholders and the enterprise.
Moreover, the Company has declared its first interim dividend, demonstrating management’s resolve to proactively reward shareholders. The Company looks forward to sharing the business progress and returns with all shareholders and investors, as it continues to optimise its business portfolio and pursue transformational development.
Hashtag: #Starjoy
The issuer is solely responsible for the content of this announcement.
90% of investors targeting Hong Kong are actively pursuing repositioning or change-of-use strategies
Student accommodation and conversion-led strategies continue to drive Living sector investment activity in Hong Kong
85% of investors across APAC expect to increase Living investment over the next five years
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – Hong Kong ranked fifth among Asia Pacific’s (APAC) preferred Living investment destinations in Cushman & Wakefield’s inaugural APAC Living Investor Survey 2026, with investors increasingly pursuing student accommodation, repositioning and conversion opportunities to gain exposure to the sector’s long-term growth prospects.
Among respondents who ranked Hong Kong among their preferred investment destinations, 90% are actively considering repositioning or change-of-use opportunities, highlighting the growing importance of conversion-led strategies in addressing the city’s Living sector supply constraints.
Rosanna Tang, Deputy Managing Director & Head of Research, Hong Kong at Cushman & Wakefield, said: “In Hong Kong, recent market transactions show that investors are approaching the Living sector through a value-add lens, particularly through conversion opportunities and student accommodation assets. Since 2021, the market has recorded US$1.63 billion (HK$12.8 billion) of student housing conversion related transactions across 24 deals, including US$739.9 million (HK$5.8 billion) from 10 deals in the first seven months of 2026, involving a broad spectrum of investors. This strong momentum reflects renewed interest from institutional capital, including the return of real estate funds, as investors seek exposure to resilient, education-linked residential assets underpinned by the city’s persistent accommodation shortage and growing student population.”
Investor Conviction Remains Strong Across APAC
Beyond Hong Kong, investor conviction across the APAC Living sector remains strong, with 85% of investors planning to increase Living investment over the next five years and respondents collectively indicating an estimated US$33.2 billion (HK$260.28 billion) of Living-sector deployment over the same period.
The survey found that Living is becoming an increasingly important real estate allocation across the region, supported by resilient demand fundamentals and investor preference for stabilised, income-producing assets. Notably, a third of respondents with diversified real estate portfolios expect Living to account for more than 30% of their real estate portfolio within five years, underscoring the sector’s growing importance in institutional investment strategies.
Conal Newland, International Director, Head of Living, APAC at Cushman & Wakefield, said: “Our inaugural APAC Living Investor Survey reinforces the growing institutionalisation of the sector across the region. Despite heightened economic and geopolitical uncertainty, investors continue to view Living as a long-term strategic allocation supported by resilient demand fundamentals, defensive income characteristics and strong structural growth drivers. The fact that 85% of respondents intend to increase Living investment over the next five years highlights how Living is evolving from an alternative investment strategy into a core institutional real estate allocation.”
Australia and Japan Lead Investor Preferences
Australia/New Zealand and Japan emerged as the region’s most preferred Living investment destinations, ranking clearly ahead of other APAC markets. Japan’s position reflects its scale, liquidity and status as APAC’s most mature institutional multifamily market, while Australia’s housing undersupply and strong rental fundamentals continue to underpin long-term growth potential. Singapore, South Korea and Hong Kong form the next tier of preferred markets, although deployment continues to be constrained by scale, regulation and pricing.
Demand for Stabilised Assets Outpaces Supply
The survey also found that investors are increasingly favouring stabilised, income-producing and defensive Living assets. Recent market volatility has prompted 50% of respondents to report a greater preference for stabilised assets, yet the availability of standing institutional-grade stock remains limited across much of APAC.
This supply-demand imbalance is increasingly pushing investors towards alternative routes to market. Nearly three-quarters (73%) of respondents are actively considering repositioning or change-of-use strategies, while joint ventures emerged as the most likely deal structure over the next one to three years. Office and hotel conversions are also becoming an increasingly important source of Living supply in markets such as Singapore and Hong Kong.
Josh Rose-Nokes, Director, Living Research, APAC at Cushman & Wakefield, said: “What stands out is not a shortage of capital, but a shortage of investable stock. Investors increasingly want stabilised, income-producing Living assets, yet much of APAC lacks sufficient institutional-grade product to satisfy that demand. This mismatch is driving greater competition for stabilised assets and accelerating interest in repositioning, conversions and partnership-led deployment strategies.”
The gap between buyer and seller expectations was identified as the leading investment challenge by 44% of respondents, followed by development viability at 29%. Limited transaction evidence and inconsistent market transparency were also highlighted as barriers to pricing assets accurately and deploying capital efficiently.
About the Survey
The inaugural APAC Living Investor Survey 2026 draws on insights from institutional investors, fund managers, listed property groups and specialist Living-sector participants across APAC, representing approximately 224,000 units or beds. For the purposes of this survey, diversified respondents refer to investors with exposure across multiple real estate sectors and exclude Living-only specialists. The survey was fielded in Q2 2026 during the Middle East hostilities and provides insights into investor sentiment, capital allocation trends and investment priorities across the APAC Living sector. Estimated five-year capital deployment figures were derived from banded responses using midpoints.
For more information and to download the report, please click here.
About Cushman & Wakefield’s Living Platform
Cushman & Wakefield’s Living platform provides integrated advisory services to investors, developers, and operators across the residential investment spectrum, including multifamily, build-to-rent, purpose-built student accommodation, co-living, and senior living. The team delivers integrated advisory across capital markets, valuation, development consultancy, and asset strategy, supported by proprietary research and a region-wide Asia Pacific network, as well as dedicated research and consultancy professionals who provide strategic insights and execution capabilities across the region. Click here for additional information.
Hashtag: #Cushman&Wakefield
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (www.linkedin.com/company/cushman-&-wakefield-greater-china).
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – The School of Business (SBUS) at The Hang Seng University of Hong Kong (HSUHK) held the Inaugural Orientation Dinner and Launch Ceremony for its Master of Business Administration (in Chinese) programme (MBA (in Chinese)) on 29 August 2026 at The Rosewood Hong Kong, welcoming the first cohort of students into the University community.
In his welcome address, Professor Joshua Mok, President of HSUHK, highlighted the University’s leading position in liberal arts education and its commitment to nurturing leaders who combine innovation with humanistic care to serve local and global communities. He encouraged students to broaden their horizons, care for society, and translate their learning into a force for social progress.
Professor Sam Park, Dean of SBUS, said, “As the first cohort and the earliest participants, this is both a responsibility and an extraordinary opportunity for all of you.” He encouraged students to build an ecosystem of capabilities throughout the programme, learn to let go of outdated approaches and relearn, and develop the critical judgement essential in the AI era, becoming leaders who can responsibly harness AI and drive future business transformation.
Professor Victor Lau, Associate Dean (Taught Postgraduate Programmes) of SBUS and MBA (in Chinese) Programme Director, noted that SBUS at HSUHK is the first private university business school in Hong Kong to be accredited by AACSB International, placing it among the fewer than 6% of business schools worldwide with this distinction. The MBA (in Chinese) is the University’s first business master’s programme conducted in Chinese, with close to 220 students admitted in its inaugural intake. Professor Lau encouraged students to seize this valuable opportunity and work together with faculty and fellow students to build a vibrant culture, alumni network and future direction.
The MBA (in Chinese) aims to cultivate future business leaders equipped with business management knowledge, ethical leadership, environmental, social and governance (ESG) awareness, digital transformation capabilities, and an understanding of both Chinese and Western business practices. Set against the backdrop of the Greater Bay Area’s development, the curriculum integrates the wisdom of the Chinese classic I Ching (Book of Changes), artificial intelligence, liberal arts education and professional business training to help students develop international perspectives, strategic thinking and cross-cultural understanding.
Distinctive modules include “Wisdom of I-Ching in Business Context”, “AI, Data Analytics, and Robotics in Business”, and “Finance and Financial Technology (FinTech)”, enabling students to examine how emerging technologies affect corporate operations, management decisions and business models, and to explore shifts and opportunities in the new business landscape.
Photo 1: (From left) Dr Josiah Chan, Vice-President (Organisational Development); Professor David Tse, Acting Provost and Vice-President (Academic and Research); Professor Joshua Mok, President; Professor Jeanne Fu, Vice-President (Learning and Student Experience); Professor Sam Park, Dean of SBUS; and Professor Victor Lau, Associate Dean (Taught Postgraduate Programmes) of SBUS and MBA (in Chinese) Programme Director, officiate at the launch ceremony for the inaugural MBA (in Chinese) cohort.
Photo 2: A robot performance blending Tai Chi, traditional Chinese culture and AI elements illustrates the fusion of ancient wisdom and technological innovation.
Photo 3: A group photo of HSUHK senior management, distinguished guests and the first cohort of MBA (in Chinese) students.
The issuer is solely responsible for the content of this announcement.
About The Hang Seng University of Hong Kong
The Hang Seng University of Hong Kong (HSUHK) is a non-profit private liberal-arts-oriented university with six Schools (Business, Communication, Decision Sciences, Humanities and Social Science, Translation and Foreign Languages, and Transdisciplinary Studies), and over 7,000 full-time undergraduate and postgraduate students. With its unique “Liberal + Professional” education model, HSUHK nurtures young talent with critical thinking, innovative minds, caring attitudes, moral values and social responsibility.
Aspiring to be a leading private university in the region, HSUHK prioritises stellar undergraduate education, top-quality faculty members, award-winning green campus facilities, innovative degree programmes, a unique residential college system that combines living and learning, interactive small-class teaching, close student-teacher relationships, impactful research, and excellent student development and support services.
HSUHK has earned various international recognitions. In the AppliedHE’s ALL ASIA Private University Ranking 2026, it secured 7th place in China. HSUHK ranked 24th in Social Sciences and Humanities and 23rd in both Business and Management and Economics and Finance among China’s top universities in the Research.com Top Universities and Top Scientists Rankings 2026. The MSc in Global Supply Chain Management programme achieved 84th place globally in the QS International Trade Rankings 2025. Additionally, HSUHK’s School of Business obtained AACSB International accreditation in 2023, a mark of excellence held by only 6% of the world’s leading business schools. HSUHK was also ranked among the top 200 worldwide on “Quality Education” and “Decent Work and Economic Growth” in the Times Higher Education University Impact Rankings 2021.
New participating whole-life insurance plan designed for high-net-worth individuals seeking enhanced protection leverage, life-stage flexibility, and thoughtful legacy planning
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – AIA Hong Kong & Macau announced the launch of Wealth Elite Life Insurance Plan 3 (“Wealth Elite 3”), a participating whole-life insurance plan designed for high-net-worth (HNW) customers. The plan supports customers in protecting their loved ones today, preparing for evolving needs in the future, and establishing structured arrangements for the next generation, helping to support thoughtful legacy planning.
AIA Hong Kong & Macau announced the launch of Wealth Elite Life Insurance Plan 3, a participating whole-life insurance plan designed for high-net-worth customers.
Meeting the Growing Need for Longevity
Hong Kong, one of the world’s longest-living regions, is facing new challenges brought by an ageing population. For HNW individuals, as life expectancy increases and people live longer lives, gaps in planning can accumulate and become amplified over time. Findings from the AIA Alta High-Net-Worth Optimal Longevity Index1 highlight that 23% of HNW individuals have no succession or inheritance preparations in place, underscoring the need for solutions that enable families to navigate longer lifespans with greater preparedness and confidence.
Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: “As longevity reshapes financial priorities, HNW customers are increasingly focused on how to protect today, prepare for the future, and plan effectively for the next generation. This includes ensuring their loved ones are well protected from the outset, maintaining flexibility as circumstances evolve, and establishing clear and structured arrangements for legacy planning. Wealth Elite Life Insurance Plan 3 has been developed in response to these needs. By combining protection leverage with adaptable features and legacy planning capabilities, the plan enables customers to put in place thoughtful and continuous provisions for their families over time.”
Combining Enhanced Protection Leverage with Flexibility Across Life Stages
Wealth Elite Life Insurance Plan 3 offers coverage of over six times the premium under specified conditions2, enabling stronger protection leverage from the outset. In the unfortunate event of the insured’s passing, a death benefit will be paid to the designated beneficiary(ies), supporting loved ones in accordance with the policy owner’s intentions.
The plan also incorporates flexibility to adapt to changing needs across different life stages. The Policy Split Option allows policy owners to split a policy into separate policies to support evolving legacy or financial planning needs, enabling more tailored arrangements over time.
In addition, the Wealth Elite Life Insurance Plan 33 is an eligible life insurance plan under the Policy Reverse Mortgage Programme (PRMP)4 of The Hong Kong Mortgage Corporation Limited. As life stages progress, customers can allocate their policy to be converted into lifetime retirement income through the programme.
Supporting Wealth Succession Through Legacy Planning Features
To help customers plan for the next generation, the plan incorporates a well-structured suite of legacy planning features and value-added services:
First-in-market5 Future Wishes Arrangement6 allows customers to pre-set instructions that may take effect upon specified triggering events, such as death or health impairment conditions, enabling wealth planning decisions to be carried out in accordance with their wishes
Transitional Owner Arrangement7 allows a designated transitional owner to oversee the policy with limited administrative rights until the contingent owner assumes ownership
Contingent Owner8 designation facilitates the transfer of policy ownership upon the passing of the policy owner, subject to approval
First-in-market9 Health Impairment Option allows designated recipients to receive benefit payment and/or ownership transfer if the policy owner suffers from a mental condition or becomes unconscious for a certain period due to a specified illness, including Apallic Syndrome and Coma
Death Benefit Settlement Option10 allows policy owners to determine how beneficiaries receive the death benefit in accordance with their needs, including instalment-based payments
First-in-market11 Beneficiary Flexi Option10 enables beneficiaries to choose their preferred settlement option upon reaching a designated age or under specified conditions (such as being diagnosed with a specified illness)12
To further strengthen protection in the early policy years, the plan includes a coverage booster, a campaign-based offer available from 31 August 2026 to 31 December 2026 (both dates inclusive), which provides an additional death benefit during the first 10 policy years or up to the insured’s attained age of 60, whichever is earlier. The booster is set at 10% of the latest sum assured for individual policies and 20% for eligible family enrolment13. For details and terms and conditions, please refer to the promotional leaflet.
Frequently Asked Questions
What is Wealth Elite Life Insurance Plan 3?
Wealth Elite Life Insurance Plan 3 is a participating whole-life insurance plan designed for high-net-worth customers. It combines enhanced protection leverage, life-stage flexibility and legacy planning features to help customers protect their loved ones, prepare for the future and plan for the next generation.
Who is Wealth Elite Life Insurance Plan 3 designed for?
The plan is designed for high-net-worth individuals seeking life insurance protection and structured succession planning arrangements to put in place thoughtful and continuous provisions for their families over time.
How can Wealth Elite Life Insurance Plan 3 support legacy planning?
The plan offers a range of legacy planning features, including Contingent Owner8 designation, Health Impairment Option and Death Benefit Settlement Option10.
It also provides value-added services, including Future Wishes Arrangement6 and Transitional Owner Arrangement7. Together, these features and services help policy owners put structured arrangements in place for the next generation.
Remarks: 1 The survey covers 328 qualified respondents across Hong Kong and Chinese Mainland who participated in the survey and in‑depth interviews. Detailed analysis focuses on 201 high-net-worth and ultra-high-net-worth respondents with investible assets above US$1 million. High‑net‑worth means an individual with investable wealth of US$1 million to US$30 million. Ultra-high-net worth means an individual with investable wealth of more than US$30 million. Respondents were analysed by tier, geography, generation and gender.
2 Based on a 50-year-old male non-smoking Hong Kong resident insured, with standard risk classification assumptions and a single premium of US$1.53 million, the sum assured is US$10 million. The coverage leverage may vary depending on individual customer profile and underwriting assessment.
3 Wealth Elite Life Insurance Plan 3 is an eligible life insurance plan under PRMP, but it does not necessarily mean that your PRMP application will be approved. The eligibility of this product under the PRMP is based on the features of the product. You and your life insurance policy are still required to meet the eligibility criteria under PRMP before you apply for the policy reverse mortgage loan.
4 The PRMP is operated by HKMC Insurance Limited, a wholly-owned subsidiary of The Hong Kong Mortgage Corporation Limited. For further information, please refer to The Hong Kong Mortgage Corporation Limited website: www.hkmc.com.hk. Applicable to policies issued in Hong Kong only.
5 First-in-market refers to Future Wishes Arrangement’s feature which allows the policy owner to make different instructions for different specified triggering events in one integrated value-added service. This feature is first-in-market when compared against similar services offered by Hong Kong major insurance companies, pioneered by AIA in Wealth Flexi Savings Insurance Plan on 1 June 2026.
6 Future Wishes Arrangement is only available to specified insurance plans and designated policies which meet our eligibility requirements. The policy must be issued in Hong Kong and Transitional Owner Arrangement is not designated for or being exercised under the policy. It is not applicable to corporate-owned policies and trust-owner policies. It is a value-added service and not a product feature, therefore it is not offered under the policy contract of Wealth Elite Life Insurance Plan 3. Application is subject to our approval to be determined at our discretion. We reserve the right to withdraw the Future Wishes Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion. Upon the designation of Future Wishes Arrangement for the policy, all designations of Contingent Owner, Designated Ownership Recipient and Designated Payment Recipient for the policy which have been made prior to the commencement of the Future Wishes Arrangement (if any) are automatically revoked.
7 Transitional Owner Arrangement is only available to specified insurance plans and designated policies which meet our eligibility requirements. The policy must be issued in Hong Kong. It is not applicable to corporate-owned policies. It is a value-added service and not a product feature, therefore it is not offered under the policy contract of Wealth Elite Life Insurance Plan 3. Application is subject to our approval to be determined at our discretion. We reserve the right to withdraw the Transitional Owner Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion.
8 If you have designated Future Wishes Arrangement for your policy, upon the designation of Future Wishes Arrangement, all designations of Contingent Owner, Designated Ownership Recipient and Designated Payment Recipient for the policy which have been made prior to the commencement of the Future Wishes Arrangement (if any) are automatically revoked.
9 First-in-market refers to the Health Impairment Option’s specific feature where the policy owner can designate up to 2 different designated recipients and elect for both benefit payment and transfer of ownership under this option at the same time. This feature is first-in-market when compared with the savings insurance products and life insurance products provided by Hong Kong major insurance companies, pioneered by AIA in the Wealth Generation Savings Insurance Plan on 23 June 2025.
10 Death Benefit Settlement Option and Beneficiary Flexi Option may not be available once the policy is assigned (including but not limited to the policy assigned under PRMP).
11 First-in-market refers to the Beneficiary Flexi Option’s specific feature where the policy owner allows the beneficiary to choose to receive the death benefit payment in accordance with the beneficiary’s selected settlement option when the beneficiary has attained the Designated Age selected by the policy owner or when the beneficiary is diagnosed with a Specified Illness under Beneficiary Flexi Option. This feature is first-in-market when compared with the savings insurance products and life insurance products provided by Hong Kong major insurance companies, pioneered by AIA in the FlexiAchiever Savings Plan on 8 January 2025.
12 If the insured passes away, the beneficiary may apply to select the settlement option for his / her share of the unpaid balance of the death benefit, provided the beneficiary must be aged 18 or above when he / she applies to select his / her settlement option. The settlement options available for selection by the beneficiary will be subject to the settlement options made available by us under this Beneficiary Flexi Option at the time of the beneficiary’s application and our prevailing rules and conditions. If the beneficiary’s application is approved, his / her share of the unpaid balance of death benefit will only be paid according to his / her selected settlement option when such settlement option becomes effective upon (i) the beneficiary has attained the Designated Age or (ii) the beneficiary is diagnosed with a Specified Illness under Beneficiary Flexi Option, whichever is earlier. The Beneficiary Flexi Option arrangement is provided under the Death Benefit Settlement Option.
13 The coverage booster is subject to the availability of the campaign offer and is applicable only to insureds aged between 15 days and 59 years at the time of policy application.
Important Information:
All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the policy, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong’s website. In case you want to read policy contract sample before making an application, you can obtain a copy from AIA. Life insurance policies are long-term contracts of insurance. Should you surrender the policy early, you may receive an amount considerably less than the total amount of premiums paid. You may choose to purchase the above Plan(s) as a standalone plan without purchasing other type(s) of insurance products at the same time.
All related findings in the AIA Alta High-Net-Worth Optimal Longevity Index do not represent AIA standpoint and do not mean any recommendation to apply for any insurance plan.
The issuer is solely responsible for the content of this announcement.
About AIA Hong Kong & Macau
AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have more than 19,000 financial planners*, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.7 million customers^, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.
* As at 30 June 2026 ^ Including AIA Hong Kong and AIA Macau’s individual life, group insurance and pension customers (as at 30 June 2026)
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