AGP Executive Report
Last update: 12 hours agoEV Transition: A China energy expert says the EV penetration rate could reach 75–80% by 2030, after hitting 65% in July (battery EVs plus plug-in hybrids), as electrification reshapes oil demand. Health Tech Deal: MindRank and 3SBio subsidiaries (Mandi and Wansheng) signed a commercialization agreement for MindRank’s AI-designed oral GLP-1 MDR-001 across mainland China, Hong Kong and Macau, with up to RMB 1.75 billion in potential payments. Cardio Pharma Licensing: Sun Pharma and LIB Therapeutics agreed to license lerodalcibep (Lyrokaul) for commercialization and manufacturing worldwide excluding the US and China, following EU approval. Macao Trade & Industry: Macao will host PLPEX 2026 (Oct 21–24) at The Venetian Macao, showcasing products and services from nine Portuguese-speaking countries across e-commerce, agriculture, marine tech, food and professional services. Smart Manufacturing: CityUHK and Cambridge launched a Centre for Advanced and Smart Manufacturing in Hong Kong Science Park, using 3D printing to tackle data-centre cooling, refrigeration, lighter new-energy vehicles and electronics materials. Community & Skills: Macau’s volunteer participation rate is 36.2% in a new survey, and Macau’s delegation returned from WorldSkills Shanghai with gold, silver and bronze. Local Tech in the Spotlight: ClearVue solar glass is being tested in Macau as a real-world window trial.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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