AGP Executive Report
Last update: 6 hours agoMacao Sci-Tech Park: Macao’s Chief Executive Sam Hou Fai chaired the working group’s first 2026 meeting, reviewing construction progress, investment promotion, and design plans, with a push to reserve space for sustainable growth and attract tech talent. Fintech for tourism: Galaxy Macau and Ant Bank (Macao) opened a “Financial Services Station” at Galaxy Macau, bringing self-service banking, consultations, and account opening into the integrated resort to support “Tourism+” and modern finance. Health & research pipeline: UM’s Faculty of Medicine ran a Health Sciences Summer Camp for 35 top mainland students from 18 “double first-class” universities, aiming to connect students with frontier health-science research and UM’s academic ecosystem. AR waveguide funding: Guangzhou-based SEEV raised nearly CNY 200 million across two rounds to scale full-color AR diffractive waveguide manufacturing, with Series A underway. GBA consumer protection: Guangdong issued new cross-boundary consumer protection rules with Hong Kong and Macao, effective Oct 1, covering complaint handling, mediation, education, and risk warnings. Cybersecurity watch: China launched a cybersecurity review of Palo Alto Networks products, citing risks to critical infrastructure and national security. Macao-Hengqin education town: The first phase of the Macao-Hengqin International Education (University) Town is set to start operating Aug 17, with UM and other public universities using transitional teaching and research facilities. Gaming slowdown signal: Macau casino revenue growth forecasts were cut to 3% as June–July declines reflect Beijing’s crackdown on capital outflows and cross-border investment. Cross-border crime alert: Hong Kong and Macao police updates on the “Fun Coffee” crypto scam show losses now around HK$104 million, with arrests in both cities.
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