Hong Kong's stock market is nearing a two-month low, with New World seeing a decline following its removal from the Hang Seng. The city's stock market turnover has decreased by roughly 5% compared to the average of the past 30 days.

The Hang Seng Index experienced a 0.4 per cent fall, closing at 19,150.99, thus continuing the 1 per cent slide it saw last week. This marks its lowest point since September 25. Meanwhile, the Hang Seng Tech Index also decreased by 0.3 per cent.

The city's stock market experienced approximately a 5 per cent decrease in turnover compared to the 30-day average, as per the data from Bloomberg.

Indices on the mainland also saw a slight decline: the CSI 300 Index dropped by 0.5 per cent while the Shanghai Composite Index decreased by 0.1 per cent.

The recent surge in the Hong Kong market has lost momentum following China's less than satisfactory fiscal stimulus, which has left investors feeling disillusioned, in addition to concerns over increased tariffs from the US. Analysis of recent profit reports indicates that public companies continue to struggle with low domestic demand in China, alongside ongoing real estate issues. As of last Friday, the Hang Seng Index has decreased by 17% from its peak this year, which was in October.

In 2024, Apple's CEO, Cook, embarked on his third journey to China amidst a decline in iPhone sales and ambiguity around AI. At the International Supply Chain Expo held in Beijing, the CEO praised the crucial role played by Apple's Chinese collaborators.

In a brief video footage released on Monday, Cook stated that he holds Apple's Chinese collaborators in high regard. "Without them, what we do wouldn't be possible," he mentioned in reply to a query from a web-based news platform linked with the state-owned China Central Television.

Apple didn't reveal Cook's travel schedule. The company didn't immediately reply to a comment request on Monday.

The recent visit of Cook to China emphasizes the significance of the market for Apple, despite the firm's efforts to decentralize its production network from the country in response to political uncertainties.

Huawei is targeting 100,000 applications for its indigenous HarmonyOS Next, in preparation for the launch of Mate 70. Up until October 22, during its public beta phase, HarmonyOS Next had more than 15,000 original apps and services.

"Reaching 100,000 applications showcases the development and readiness of the HarmonyOS ecosystem to cater to customer demands," stated Eric Xu Zhijun, the rotating chairman of Huawei, at a conference on Saturday. "This will be a critical goal for the ecosystem in the forthcoming six months to one year."

Xu stated that HarmonyOS Next already supports the most commonly used 5,000 apps, making the ecosystem fundamentally functional. However, he pointed out that there are still numerous infrequently used but crucial apps that need to be developed for the platform.

"We require additional programmers, collaborators, and community influencers to collectively advance HarmonyOS Next into the 'veins' of the app industry," Xu addressed the crowd.

The existing digital environment comprises 18 types of applications that cater to the everyday requirements of users. This includes popular social media platforms such as Tencent Holdings' WeChat and ByteDance's Douyin, and also a few public services like the forthcoming official tax app from China, as stated by Xu.

Paul Chan announces plans for Hong Kong to enhance financial changes to support Chinese businesses

In the face of global political conflicts, the city has the capacity to assist mainland companies that are finding it difficult to secure funding overseas, states the financial secretary.

Hong Kong intends to implement additional financial changes to assist mainland Chinese corporations struggling with investment and funding difficulties in Western markets, according to the city's finance chief on Monday. Simultaneously, a high-ranking central government representative in Hong Kong appealed for backing for "integrated development".

"Given these conditions, Hong Kong plans to introduce more changes to its securities and financial sectors to draw in additional national and international funding. This move supports the growth requirements of projects and enterprises in the Greater Bay Area."

Qi stated that the Greater Bay Area, which includes Guangdong, Hong Kong, and Macau, houses around 5,000 public companies. This area has been instrumental in contributing to the development of essential partnership platforms, enhancing the financial linkages between the two regions, and fostering financial and trade cooperation between them.

Chan and Qi addressed the audience at the 2024 Summit of Listed Companies in the Guangdong-Hong Kong-Macau Greater Bay Area, held in Hong Kong.

Qi expressed his hopes that companies registered in the Greater Bay Area will utilize the benefits offered by Hong Kong, especially as a launchpad for global growth. He encouraged these companies to not only strengthen their presence in European and American markets but also to collaborate in investigating potential opportunities in burgeoning markets such as Asean, the Middle East, and Latin America.

HSBC report identifies Singapore and Hong Kong as leading investment and business markets in Asia. Singapore is the preferred relocation spot for affluent business individuals, however, Hong Kong didn't make it to the top 10.

According to a report by HSBC, affluent investors planning to relocate or shift their investments within the next year are primarily choosing Singapore as their preferred destination in Asia, over Hong Kong.

Close to 70% of wealthy investors have expressed interest in transferring all or a portion of their assets to a different location within the next year, as per the Global Entrepreneurial Wealth Report published by a UK bank on Monday. Switzerland was the preferred choice, with Singapore coming in fourth place and Hong Kong in seventh.

Approximately 55 per cent are contemplating relocating themselves to a different place, with Singapore being their preferred choice. Hong Kong did not manage to rank within the top 10 preferred destinations.

Singapore has been ranked as the leading financial hub for wealthy business owners to invest their resources and carry out business operations in Asia for the upcoming year.

HSBC conducted a poll involving 1,882 enterprise proprietors from countries including the US, UK, France, Hong Kong, India, mainland China, Singapore, Switzerland, Taiwan, UAE, Japan, and Australia in the months of July and August. The participants in this survey are each in possession of a minimum of US$2 million in assets available for investment, with a third of them boasting a minimum of US$100 million.

"The study revealed that Hong Kong and Singapore continue to be the most attractive markets for affluent people in Asia," stated Wilson Chan Fung-cheung, the associate director of the MBA programme at City University in Hong Kong. "Hong Kong, being the access point to mainland China, still provides numerous business prospects and potential for growth."

Oppo, a Chinese smartphone manufacturer, is planning to increase production in Indonesia, targeting the Southeast Asia market. While Oppo already utilizes just over the 35% of local smartphone parts mandated by Indonesian regulations, the company aims to expand further.

Approximately 36 to 37% of the smartphone parts that Oppo procures for its Tangerang-based Indonesian plant are domestically sourced. These include batteries, packing materials, adaptors, and USB cables, as stated by Jefry Firman de Haan, the director of Oppo's Indonesia Manufacturing Centre.

The percentage of components marginally exceeds the 35 per cent minimum established by Indonesia for smartphone manufacturers under its domestic component level (TKDN) regulation. Fulfilling this requirement is necessary for companies to market their phones in the nation, which boasts the most robust economy in Southeast Asia.

Nonetheless, Oppo has ambitions to progress even more, as stated by de Haan. "We're in search of reliable providers for all our components, engaging in close discussions and collaborations with the Ministry of Industry as well as local authorities to identify the best suppliers and vendors for our needs," he expressed during a company-sponsored media tour of the factory on Tuesday.

Shanghai relies on renowned global artists to attract tourist expenditure. Organizers claim that a recent art festival that lasted a month brought in 20,000 foreign visitors, bolstering the authorities' belief in their approach.

Shanghai has warmly welcomed top-tier symphonies, vocalists, dancers, and actors, with the conviction that sophisticated performances can efficiently boost tourism and expenditure during a downturn in retail sales.

"She mentioned that an abundance of foreign visitors have journeyed to Shanghai in the recent weeks, drawn by the allure of high-quality performers. The promising statistics have strengthened our conviction to bring more international artists to the city moving forward."

The hub, a division within the Shanghai Culture and Tourism Administration, was in charge of the month-long arts festival, which concluded on Sunday.

Approximately 1,600 performances took place throughout the festival, attracting around 20,000 international visitors to Shanghai, which made up about 8% of the total crowd. The preliminary data from the event's coordinator showed that 24% of the festival-goers were from different regions of the mainland.

Around 60% of the performances were by international artists, and over 90% of these artists were making their debut in Shanghai.

The events of the festival, such as discussions, workshops, and displays, attracted over 10 million attendees, as reported.

Competing art dealers Christie's and Sotheby's unveil their extravagant new showrooms in Hong Kong. The luxurious upgrades to the auction houses demonstrate their intention to transform their business operations.

Sotheby's selected a two-level, 24,000 square foot area in the Landmark Chater structure owned by Hongkong Land in Central for its renewed centerpiece. It offers an array of engaging activities and exhibits comparable to those in museums. The main level will be the venue for exhibitions, performances, and auctions all year round, whereas the upper level will deliver a meticulously organized shopping experience for experienced purchasers.

Covering an area of 50,000 square feet from the sixth floor to the ninth, Christie's new location enables it to host a wide range of art auctions and events. It caters to international collectors and various others, providing galleries, auction rooms, client-specific areas, and office spaces.

The upgraded, stylish interiors of the auction houses mirror their ambition to modify their business operations, facilitating a greater number of events.

"In the past, art galleries and houses typically rented hotel spaces or exhibition centers for their auctions or displays," stated Poon Kin-pong, the senior director of project and development services at JLL in Hong Kong. "But now, they favor conducting these events in their own workspaces. This change enables them to organize auctions and exhibits more consistently and on a regular basis."

Poon stated that these companies prioritize the quality of a structure and its management services. He added that handling more business internally provides them with more adaptability in tailoring the appearance and atmosphere of their spaces.

EV Evaluation: Geely's Galaxy E5 offers great value and is convenient to use, apart from its playful AI

The SUV stands out with its stylish design and comprehensive features, making it a reliable choice, even though there were some issues related to distance with the test car and minor irritations.

"The Geely Galaxy E5's AI assistant softly stated, "You were just in my dream," as I climbed into the car one early morning.

In China's battle for electric vehicle (EV) consumers, the AI assistants are becoming more personalized.

Unexpected admission aside, I found the E5 and its AI assistant to be quite user-friendly during a recent day-long trial, although there were some worries about the driving range that came up.

From the outside, the 4.6-meter, five-passenger SUV definitely looks sleek, although somewhat standard. It boasts typical design elements of a Chinese electric vehicle, like the covered front end, concealed door handles, and rear lights that stretch across the car's width. It will be marketed to foreign markets simply as the Geely EX5. Right from the start, it was created with international markets in mind, with versions for right-hand-drive reportedly being tested at the same time.

In the rapidly evolving Automobile Industry, businesses across Vehicle Manufacturing, Automotive Sales, Aftermarket Parts, Car Dealerships, Vehicle Maintenance, Automotive Repair, and Car Rental Services must adapt to key drivers such as advancements in Automotive Technology, changing Market Trends, Consumer Preferences, and Regulatory Compliance to stay competitive. Embracing Industry Innovation, effective Supply Chain Management, and strategic Automotive Marketing are essential for leveraging opportunities like electric and autonomous vehicles, digitalization, and the rising demand for quality aftermarket parts and services. Success hinges on integrating the latest technologies, prioritizing customer satisfaction, and ensuring sustainability and safety in operations to navigate the challenges and capitalize on the transformative changes shaping the future of mobility.

In the fast-paced world of the automobile industry, staying ahead of the curve is not just an option—it's a necessity for survival and success. From vehicle manufacturing giants to local car dealerships, the automotive business encompasses a broad spectrum of activities including the production, distribution, sales, and maintenance of vehicles and their parts. This sector is at the heart of providing essential transportation solutions to both individuals and businesses, ensuring that the wheels of daily life and commerce continue to turn smoothly. However, navigating this dynamic landscape requires a keen understanding of the top market trends, consumer preferences, and the latest in automotive technology. As we delve into the intricacies of the automotive industry, we will explore how businesses can rev up their operations in vehicle manufacturing, automotive sales, aftermarket parts, and car rental services. Our journey will also take us through the critical aspects of regulatory compliance, supply chain management, and industry innovation that drive success in this competitive field. With a special focus on "Navigating the Road Ahead: Top Trends and Innovations in the Automobile Industry" and "Revving Up Success: Strategies for Thriving in Vehicle Manufacturing, Sales, and Aftermarket Services," this article aims to provide a comprehensive roadmap for businesses looking to excel in the automotive sector. Join us as we unpack the secrets to achieving customer satisfaction, effective automotive marketing, and the flexibility needed to adapt to evolving market demands in the ever-changing landscape of the automobile industry.

• 1. "Navigating the Road Ahead: Top Trends and Innovations in the Automobile Industry"
• 2. "Revving Up Success: Strategies for Thriving in Vehicle Manufacturing, Sales, and Aftermarket Services"

1. "Navigating the Road Ahead: Top Trends and Innovations in the Automobile Industry"

In the fast-paced world of the automobile industry, navigating the road ahead requires a keen understanding of top trends and innovations shaping the future. From vehicle manufacturing to automotive sales, and across the spectrum of aftermarket parts, car dealerships, vehicle maintenance, automotive repair, to car rental services, every segment is undergoing transformative changes. This evolution is driven by advancements in automotive technology, shifting market trends, evolving consumer preferences, and stringent regulatory compliance measures.

One of the most significant shifts in the automobile industry is the rise of electric vehicles (EVs), which reflects consumer preferences moving towards more sustainable and eco-friendly transportation options. This trend is reshaping vehicle manufacturing processes, pushing automakers to innovate in battery technology and charging infrastructure, thereby influencing automotive sales strategies.

The integration of digital technologies is another key trend revolutionizing the automotive sector. From digital showrooms and online car sales platforms to telematics and connected car technologies, digitalization is enhancing every aspect of the automotive journey. Car dealerships and automotive marketing strategies are increasingly leveraging online platforms and social media to reach potential customers, offering a seamless and personalized buying experience.

Aftermarket parts and automotive repair services are also seeing a surge in demand for high-quality, compatible parts for a diverse range of vehicles, including EVs. This has led to an emphasis on supply chain management, ensuring the timely availability of parts while adhering to regulatory compliance standards.

Furthermore, the advent of autonomous vehicles is poised to make a substantial impact on the industry, promising to redefine automotive sales, vehicle maintenance, and car rental services. This innovation not only highlights the industry's shift towards technology-driven solutions but also necessitates a fresh look at regulatory compliance and safety standards.

In the realm of automotive repair and vehicle maintenance, technology is facilitating more efficient diagnostics and service delivery. The use of artificial intelligence (AI) and machine learning for predictive maintenance is improving service accuracy and customer satisfaction, marking a significant industry innovation.

Another area witnessing considerable change is car rental services, which are adapting to consumer preferences for flexible, on-demand mobility solutions. This segment is increasingly embracing app-based platforms and integrating electric and autonomous vehicles into their fleets, aligning with broader automotive technology trends and market demands.

To stay competitive and successful in this dynamic environment, businesses in the automobile industry must prioritize industry innovation, effective automotive marketing, and robust supply chain management. Embracing these trends and innovations is crucial for navigating the road ahead, ensuring customer satisfaction, and achieving sustainable growth in the rapidly evolving automotive landscape.

2. "Revving Up Success: Strategies for Thriving in Vehicle Manufacturing, Sales, and Aftermarket Services"

In the high-octane world of the automobile industry, achieving success requires a multifaceted approach that combines industry innovation, astute supply chain management, and adaptive automotive marketing strategies. Businesses operating within vehicle manufacturing, automotive sales, aftermarket parts, car dealerships, vehicle maintenance, automotive repair, and car rental services sectors must navigate a landscape marked by shifting market trends, evolving consumer preferences, and stringent regulatory compliance measures. Here's how businesses in these areas can turbocharge their growth and steer towards enduring success.

**Vehicle Manufacturing:** At the core of the automobile industry lies vehicle manufacturing, a sector that demands a relentless pursuit of innovation and quality. Top vehicle manufacturers stay ahead by integrating the latest automotive technology into their models, responding to consumer demands for safer, more efficient, and environmentally friendly vehicles. Emphasizing sustainability and advancing towards electrification are key trends driving industry innovation. Additionally, robust supply chain management is essential to mitigate disruptions and maintain production efficiency.

**Automotive Sales and Car Dealerships:** Success in automotive sales and car dealerships hinges on understanding and leveraging consumer preferences. Today's consumers are more informed and have higher expectations. Dealerships that thrive are those that offer a seamless buying experience, both online and offline, tailoring their sales approach to meet the personalized needs of their customers. Automotive marketing plays a pivotal role here, with digital marketing strategies being particularly effective in reaching potential buyers.

**Aftermarket Parts and Automotive Repair:** The aftermarket parts and automotive repair sectors cater to the ongoing needs of vehicle owners. Staying on top of market trends, such as the rising demand for high-quality aftermarket parts, is crucial for businesses looking to capture a significant share of the market. Offering comprehensive vehicle maintenance and repair services, backed by skilled technicians and excellent customer service, can set businesses apart in a competitive landscape.

**Car Rental Services:** For car rental services, flexibility and convenience are paramount. In an era where mobility solutions are increasingly sought after, car rental businesses must offer a wide range of options to cater to diverse needs, from short-term rentals to longer leasing arrangements. Implementing the latest automotive technology can enhance the customer experience, providing ease of booking and personalized options.

Across all these sectors, regulatory compliance cannot be overlooked. Whether it's adhering to emissions standards in vehicle manufacturing or ensuring safety protocols in repair shops, compliance is a top priority that underpins the reputation and reliability of businesses in the automotive industry.

In conclusion, thriving in the dynamic automotive business landscape requires a blend of strategic foresight, customer-centric approaches, and a commitment to innovation and quality. By staying attuned to industry trends, embracing technology, and prioritizing customer satisfaction, businesses can rev up their success and navigate the road ahead with confidence.

In summing up the journey through the dynamic landscape of the automotive industry, it's clear that businesses entrenched in vehicle manufacturing, automotive sales, aftermarket parts, and comprehensive services such as vehicle maintenance and automotive repair are at the heart of an ever-evolving sector. The key to navigating the road ahead lies in staying abreast of top market trends, embracing industry innovation, and adapting to shifting consumer preferences and regulatory compliance mandates. From car dealerships to car rental services, success hinges on a multifaceted strategy that includes a deep dive into automotive technology, supply chain management, and automotive marketing prowess.

As we've explored, thriving in the automobile industry requires a blend of understanding the nuances of vehicle manufacturing, leveraging the potential of aftermarket parts, and excelling in automotive sales and services. The forward momentum of the industry is propelled by a commitment to quality, innovation, and customer satisfaction. Businesses that can effectively integrate these elements while navigating the complexities of market trends and regulatory landscapes will likely steer towards long-term success and growth.

In conclusion, the automotive business landscape is rich with opportunities for those ready to adapt and innovate. Whether it's through pioneering automotive technology, refining supply chain management, or mastering automotive marketing strategies, the path to success in vehicle manufacturing, car dealerships, and beyond is paved with challenges but also immense potential for growth. As the industry continues to evolve, so too will the strategies for thriving within it, always driven by the ultimate goal of meeting and exceeding the diverse needs of today's and tomorrow's consumers.

Oppo reintroduces high-end Find X smartphones to international markets amidst sluggish domestic growth. This Chinese Android phone manufacturer is revitalizing its efforts in the luxury sector in Southeast Asia and Western Europe.

In the second round of Hong Kong versus Trump, international business leaders are identifying fresh prospects and familiar challenges. Howard Marks from Oaktree Capital suggests that people are hesitant to invest significant amounts of money in a nation that is embroiled in geopolitical conflicts.

China sees Hong Kong's financial sector as a symbol of wealth, having helped the city recover from social turmoil in June 2020. This week, Beijing showed its support for this objective with strong endorsements at a financial gathering attended by the heads of international banks and wealth managers.

Are global investors also feeling optimistic?

The relevance of this issue has been heightened as the US prepares to inaugurate President-elect Donald Trump in January. His economic strategies are expected to disrupt international markets, as indicated by his campaign orations. Hong Kong, which found itself at the center of US-China disputes during his initial term, ought to brace itself for a similar situation, as per widespread forecasts.

Local and global funds, along with private banks in the city, are managing HK$32 trillion (US$4.1 trillion) worth of assets, based on government statistics. However, the actual value at risk is likely much greater, considering the trillions of dollars circulating in the Asia-Pacific region. These funds are looking to capitalize on the possible gains in the capital markets within and beyond the city's borders.

"Individuals are hesitant to pour a significant amount of capital into a nation that is embroiled in international conflicts," stated co-chairman Howard Marks, whose firm located in Los Angeles oversees $205 billion in assets. "China is lagging behind other economies. It's not a favored market. Nonetheless, the most remarkable bargains are typically discovered in disregarded markets."