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Editor's Summary Ganzin will introduce AURORA IIE, its latest ASIC-based eye-tracking solution designed for next-generation AR/AI glasses and VR/MR headset. AURORA IIE moves eye-tracking computation from an NPU to a proprietary Eye Processing Unit 2 (EPU2), reducing power consumption to 1/4 of NPU-based solutions, enabling true always-on eye-tracking. Always-on eye-tracking allows gaze interaction and continuous capture of eye-based physiological indicators. AURORA IIE supports up to 120 Hz throughput, empowering advanced VR/MR devices, medical applications, and academic research. Ideal architecture: one ASIC processor (EPU2), two eye sensors, and two IR LEDs — maintaining the same ultra-compact design philosophy of Ganzin's previous AURORA IIS platform. With the introduction of AURORA IIE, Ganzin now delivers a complete, scalable eye-tracking product line — from software IP to turnkey NPU solutions and finally an ultra-low-power ASIC platform ready for mass production. NEW TAIPEI CITY, Dec. 30, 2025 /PRNewswire/ -- Ganzin, a pioneer in glint-free wearable eye-tracking technology, is excited to announce the global debut of its next-generation AURORA IIE eye-tracking solution at CES 2026. Building on the success of last year's AURORA IIS NPU solution, AURORA IIE introduces a custom-designed ASIC processor--Eye Processing Unit 2 (EPU2)--dedicated solely to eye-tracking computation. For years, the high computational power required for eye-tracking has prevented AR/AI glasses from integrating this feature in a truly power-efficient manner. While AURORA IIS successfully offloaded processing from the host platform to a compact NPU, enabling substantial power savings, the move to ASIC marks another breakthrough. EPU2: The Future of the Edge AI Computing for Wearable Eye Tracking AURORA IIE is powered by Ganzin's in-house developed ASIC, EPU2, engineered specifically for low-power, high-performance eye-tracking on wearable platforms. Compared to last year's NPU-based architecture, the new ASIC achieves: 1/4 the power consumption of an NPU Always-on operation for gaze interaction and biometric sensing Ultra-compact form factor optimized for AR/AI smartglasses 120 Hz processing throughput, meeting the demands of VR/MR devices, medical institutions, and research labs Ganzin AURORA IIE A Seamless, Minimalist Hardware Architecture The AURORA IIE solution maintains the simplicity of Ganzin's signature design: One dedicated ASIC processor, 3.6 x 3.6mm Two miniature eye sensors Two ultra-small IR LEDs Flexible Product Portfolio and Business Models for Seamless Integration With the launch of AURORA IIE, Ganzin now offers a fully scalable eye-tracking product portfolio tailored to different development stages and integration needs: AURORA-II — Software IP Licensing A proven, highly flexible eye-tracking software stack that delivers robust performance across diverse hardware platforms. Ideal for partners seeking maximum design freedom and customization capability. AURORA-IIS — NPU-Based Turnkey Solution A production-ready reference design leveraging partner NPUs to accelerate system integration and shorten time-to-market, while maintaining excellent flexibility, power efficiency, and performance. AURORA-IIE — ASIC-Based EPU2 Platform Ganzin's next-generation ASIC solution featuring the EPU2 processor, delivering ultra-low-power, always-on eye-tracking in a compact, procurement-ready hardware form factor for mass-production devices. Together, the AURORA family enables customers to adopt the right solution at every stage — from early prototyping to large-scale commercial deployment. Leadership Statement "AURORA IIE represents the next evolutionary stage of wearable eye-tracking," said Dr. Shao-Yi Chien, CEO of Ganzin. "Our custom ASIC, EPU2, enables unprecedented power efficiency and allows always-on operation, opening the door to new applications in interaction, wellness, and research." Experience AURORA IIE at CES 2026 Ganzin will host private demonstrations of the AURORA IIE solution at its executive suite in the Westgate Hotel during CES 2026. About Ganzin Ganzin is a global leader in lightweight, compact, and energy-efficient eye-tracking technology for next-generation wearable and immersive devices. With a mission to create the most practical, easy-to-use eye-tracking solution for everyone, Ganzin provides hardware and software total solution that enable seamless integration into AR/AI glasses, VR/MR headsets.
跨域均衡佈局香港 - Media OutReach Newswire - 2026年1月13日 - KGI 凱基今天發佈2026年環球市場展望，內容涵蓋美國、中國內地、香港、台灣及新加坡市場。 (由左起) 凱基投顧董事長朱晏民先生、凱基國際財富管理主管魏志傑先生及凱基首席投資總監梁啟棠先生。 回顧2025，特朗普上任後隨即展開關稅貿易戰，至今關稅仍存在不確定性，但整體情況較年初緩和。去年特朗普再創美國最長停擺紀錄，市場正持續觀察其管治下的美國走向，並評估經濟發展及利率動向的潛在影響。中國將就「十五五」發展計劃推動首年政策，並在外部挑戰下，刺激國內經濟增長。 在此背景下，對2026年佈局我們推薦「LEAD」策略建議︰ Liquidity Shift 資金挪移 Earnings Focused 聚焦盈利 Adding Credit 加碼信用 Diversified Assets 資產分散 凱基首席投資總監梁啟棠表示︰「展望 2026 年，投資者可採取 LEAD 策略部署︰L是 Liquidity Shift，受惠美元轉弱與減息，資金料流向非美及亞幣；E是 Earnings Focused，聚焦盈利增長支撐估值，佈局美、歐、日股；A是 Adding Credit，鎖定龍頭企業債信，加碼 A 級投等債；D是 Diversified Assets，因應股債聯動上升，納入另類資產以優化配置。」 宏觀及美國市場 美國經濟自 2025 年第四季開始出現較明顯的放緩，並將延續至 2026 年上半年，消費的負面影響將逐步浮現，企業投資亦會減慢；不過，AI 帶動的生產力提升在一定程度上可為美國經濟提供支持，預計 2026 年經濟增長達 2.2%。歐元區將維持溫和增長，德國在財政擴張下經濟改善將尤為明顯；日本經濟由內需推動的力量增強，財政刺激亦成為額外動力；中國則在 2025 年於貿易保護主義環境下顯示一定韌性。隨着美國通脹預期風險逐步回落及勞動市場風險上升，聯儲局已於 2025 年 9 月開始減息，2025年累計減息 75 個點子。預料 2026 年仍會再減息 50 至 75 個點子。 美股方面，AI 提升生產力、降低成本，使企業盈利保持穩健的趨勢仍可持續，預計 2026 年標普 500 盈利按年增長 13.55%；惟因風險溢價可能上升，估值難再進一步擴張，年底目標價看 7,650 點。走勢上，第一季或仍反映下行風險，第二季有望企穩回升，並於第四季、特別是期中選舉前後，出現較明顯升幅。行業配置方面，AI 主題仍看好核心科技、半導體、受惠用電需求增加的公用事業、因先進製造投資升溫而受惠的機械設備，以及工業房地產信託基金 (REITs)。非 AI 板塊則看好軍費佔比提升下的航太與國防、因關稅而受惠的製藥股，以及受惠於投行業務活躍的資本市場類別。債券配置方面，美國經濟轉弱及聯儲局減息將帶動美國國債利率回落，預期 10 年期美債孳息率於第二季回落至 3.5%-3.7%。建議 2026 年上半年可配置美國國債或較高評級的投資級企業債，下半年則可隨政策利率及經濟見底，逐步轉向非投資級企業債。 凱基投顧董事長朱晏民表示︰「AI正引爆新一輪生產力革命，成為支撐美國經濟及企業盈利的關鍵動力。雖然美國經濟預料會放緩，但仍不致步入衰退，而關稅政策帶來的短期衝擊有望在2026年首季逐步淡化。聯儲局減息步伐或由每次減息放慢至隔次減息，但整體仍處於減息周期，在經濟未衰退的情況下，利率下行將持續利好股市表現。」 中國內地及香港市場 宏觀經濟方面，隨著多國貿易協議達成，風險回落，惟受外圍拖累，預期2026年中國GDP實質增長將略放緩至4.6%。今年中港投資市場建議留意四大核心。(1)在消費領域，內需確立為增長核心，貢獻逾半GDP。隨著「以舊換新」效應減退，預計中央將落實「十五五」及經濟會議規劃，推出涵蓋文娛體育的新一輪補貼，持續提振居民消費。(2)金融市場方面，風險偏好提升。鑑於債息與定存息差收窄，龐大儲蓄正流向資本市場尋求回報。銀行保險業基本面築底，信貸結構加速從房地產轉向支持實體工業。(3)針對「反內捲」議題，PPI 持續弱勢，去產能成焦點。相較2015年，本輪涉及更多下游民企且需顧及就業，挑戰更艱鉅。預期行業整合需時，但衝擊可控，利好長遠健康發展。(4)關於新質生產力，這將取代房地產及舊基建成為投資主軸。數字基建支撐AI及具身智能，人形機器人料於2026年迎來商業化的「iPhone時刻」。具核心技術自主權的創新藥等龍頭，將享更高估值溢價。 最後，我們對恒生指數前景持樂觀態度。預期聯儲局減息將推動資金回流中港股市。基於預期市盈率上調至13.5倍預測市盈率及8%盈利增長，我們設定2026年底恒指目標為30,000點，潛在升幅約14%。隨著信心恢復，投資風格有望由守轉攻。推薦12大選股:小鵬汽車 (9868)、優必選 (9880)、騰訊控股 (700)、阿里巴巴 (9988)、中國宏橋 (1378)、友邦保險 (1299)、中國平安 (2318)、招商銀行 (3968)、康方生物 (9926)、泡泡瑪特 (9992)、騰訊音樂 (1698)及信和置業 (83)。 凱基首席投資總監梁啟棠表示︰「2026年是中國經濟的關鍵轉折點。雖然市場預期GDP增長放緩至4.6%，但『新質生產力』如人形機器人正接棒成為新增長引擎。市場最關鍵的訊號是資金正在『甦醒』—龐大的儲蓄正從低息定存流向資本市場尋求回報。隨著風險偏好回歸及政策發力，現在是投資策略由『防守』轉向『進攻』的最佳時機。在估值修復與盈利增長雙重驅動下，我們看好恒指上望30,000點，中港股市的配置價值已全面重現。」 台灣市場 相較於 2000 年科網泡沫期間近五年的大牛市，本輪由 AI 推動的升勢至今僅約三年，顯示現階段仍屬中段行情，2026 年有望延續向好格局。儘管 AI 概念股估值偏高，但在強勁基本面支持下，台灣 AI 供應鏈的市盈率相對盈利增長比率 (PEG) 普遍仍低於一倍。我們預測 AI 供應鏈在 2026 年的整體盈餘有望增長 21%，延續 2024 年及 2025 年分別達 35% 與 43% 的高增速。 AI 股對台股整體盈利的貢獻度已突破六成，隨着 AI 軍備競賽持續推進，台股 2026 年盈利增速預料將由 2025 年的 14% 擴大至 20%。縱使 AI 浪潮有望支撐 2026 年向好格局延續，但市場波動亦同步升溫，主因包括：(1)累積升幅大、估值逼近上限；(2)美國期中選舉帶來政策及政治不確定性；(3)聯儲局減息節奏存變數。 預料台股或再現「微笑曲線」走勢：第一季延續升勢；第二至第三季出現健康調整；第四季行情再度回暖。展望 2026 年，投資焦點將圍繞兩大主線。其一，AI 供應鏈規格升級有望帶動產業邁入新一輪成長周期，受惠板塊包括晶圓代工、GPU 與 ASIC、高階封裝(CoWoS)、測試介面、記憶體、ODM、散熱、CCL、ABF、PCB、交換器及電源等關鍵零組件，反映 AI 運算需求持續擴張及 GPU 平台升級動能強勁。其二，多元主題及防守性配置亦不容忽視，包括摺疊 iPhone 與智慧穿戴裝置帶動的消費電子創新，以及具備剛性內需與穩定高息特色的標的，為投資組合提供兼具增長與收益的平衡策略。整體而言，2026 年的投資部署宜同時兼顧高增長動能及抗波動能力，以應對市場可能出現的波動。 凱基投顧董事長朱晏民表示︰「AI帶動的穩健盈利增長及仍屬合理的估值，為台股向好提供堅實基礎。隨着企業及消費端加速採用 AI，算力需求強勁上升，而算力供給受限於晶片及電力樽頸，2026 年相關硬件供應商仍將面對供不應求的市況。台灣 AI 供應鏈將持續受惠，特別是規格升級帶動的受惠板塊。」 新加坡市場 2025年前三季新加坡整體經濟表現優於預期。這主要是由於美國調整了其互惠關稅政策，並與主要貿易夥伴達成協議，從而緩解了全球貿易緊張局勢。製造業、批發貿易以及金融保險業仍然是新加坡經濟的增長支柱，各領域均錄得可觀增長。特別值得一提的是，在電子、交通工程及生物醫藥製造集群的推動下，製造業增長尤為強勁。全年展望保持樂觀，預計這股增長勢頭將持續至年底。 展望未來，2026年的全球經濟前景顯示，包括中國和歐元區在內的新加坡大多數主要貿易夥伴的GDP 增長將放緩。這主要是受到美國關稅的影響，進而抑制了對東南亞出口產品的需求；不過，受惠於人工智能的投資，美國的經濟增長預計將保持韌性。因此，新加坡的外向型行業(特別是製造業和貿易相關服務)預計擴張速度將比2025年緩慢。雖然電子及相關行業將受益於AI需求，但部分精密工程和生物醫藥的國內產量可能會放緩。此外，建築業預計將會增長，但面向消費者的行業則可能持續低迷。然而，相對較低的利率和持續的政府支持將緩衝經濟放緩的影響，且資本市場仍將受益於上行重估的催化劑。 凱基新加坡研究主管陳廣治表示︰「由於貿易緊張局勢的緩和以及人工智慧浪潮的推動，新加坡在2025年實現了顯著的經濟擴張。政府積極的舉措為股市牛市提供了強勁助力，預計這股強勁的勢頭將會持續，為2026年帶來樂觀的經濟前景。」 Hashtag: #KGI #MarketOutlook #凱基 #市場展望https://www.kgi.com.hk/zh-hk/https://www.linkedin.com/company/kgi-hongkong/https://www.facebook.com/KGI.HongKong?mibextid=JRoKGi&rdid=a4NoCGXY72nFghtQ&share_url=https%3A%2F%2Fwww.facebook.com%2Fshare%2F15kKKLreMr%2F%3Fmibextid%3DJRoKGi#Wechat: KGI 凱基https://www.instagram.com/kgi.hongkong?igsh=MTI5ems1ZzNlZ3YyMQ==發佈者對本公告的內容承擔全部責任關於KGI 凱基凱基* 自1997年立足香港，是一家區內具有領導地位的金融機構，業務涵蓋財富管理、經紀業務、債券和資產管理。我們致力於為亞洲區內的企業、機構和高淨值客戶提供全面的金融服務。結合凱基金控集團的資源，我們擁有強大的亞洲網絡，覆蓋地區包括台灣、香港、新加坡、印尼及泰國^。 *凱基是包括凱基證券亞洲有限公司及其聯屬公司 ^凱基證券轉投資事業，非子公司 重要聲明 於本文件內所載的所有資料，並不擬提供予置身或居住於任何法律上限制凱基證券亞洲有限公司(「凱基」) 或其關聯成員派發此等資料之司法管轄區的人士或實體使用。此等資料不構成向任何司法管轄區的任何人士或實體作出的任何投資意見、或發售的要約、或認購或投資任何證券、保險或其他投資產品或服務的邀請、招攬或建議，亦不構成於任何司法管轄區用作任何上述的目的之資料派發。請特別留意，本文件所載的資料，不得在美國、或向美國人士（即美國居民或按照美國或其任何州、屬土或領土之法律成立的合夥企業或公司）或為美國人士之利益，而用作派發資料、發售或邀請認購任何證券。於本文件內的所有資料只作一般資料及參考用途， 而沒有考慮到任何投資者的特定目的、 財務狀況或需要。在未經凱基書面同意下，並不允許擅自以任何方式轉發、複印或發佈於本文件內之全部或任何部份內容。該等資料不擬提供作法律、財務、税務或其他專業意見，因此不應將該等資料賴以作為投資專業意見。 所有投資涉及風險，證券價格有時可能會非常波動。證券價格可升可跌，甚至變成毫無價值。買賣證券未必一定能夠賺取利潤，反而可能會招致損失。 債券不等同於定期存款，不受香港存款保障計劃保障。債券持有人會承受各種不同風險，包括但不限於：(i) 信用風險：債券的利息及本金是由發行人支付。倘發行人違約，債券持有人可能無法收回利息及本金。債券持有人須承擔發行人的信用風險。信用評級機構給予的信用評級並非對發行人信用可靠程度的保證; 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Beyond Balance: The Next RegimeHONG KONG SAR - Media OutReach Newswire - 13 January 2026 - Today, KGI has released its 2026 Global Market Outlook, covering markets in the US, Mainland China, Hong Kong, Taiwan, and Singapore. (From left) James Chu, Chairman at KGI Securities Investment Advisory; James Wey, Head of International Wealth Management at KGI; Cusson Leung, Chief Investment Officer at KGI After a turbulent year of trade disruptions and policy uncertainty under President Trump, investors face new questions. China has unveiled its 15th Five-Year Plan, as policymakers aim to support domestic growth amid global challenges. The market outlook for 2026 is shaped by interest rate decisions, economic resilience, and shifting international dynamics. Under this backdrop, we propose the "LEAD" strategy for 2026: Liquidity Shift Earnings Focused Adding Credit Diversified Assets Cusson Leung, Chief Investment Officer at KGI, says: "Looking ahead to 2026, investors can adopt a LEAD strategy: L stands for Liquidity Shift, benefiting from a weakening US dollar and interest rate cuts, with funds expected to flow to non-US dollar and Asian currencies; E stands for Earnings Focused, focusing on earnings growth to support valuations and allocating to US, European, and Japanese stocks; A stands for Adding Credit, locking in the credit of leading companies and increasing holdings of A-rated investment grade bonds; and D stands for Diversified Assets, responding to the upward trend in both stocks and bonds by including alternative assets to optimize asset allocation." Macro & US Markets The US economy will experience a more pronounced downturn in 4Q25, which will extend into 1H26, and this will have a negative impact on consumption, slowing investment activity. Nevertheless, AI-driven productivity gains should provide some support, with US GDP growth in 2026 forecast at 2.2%. The eurozone will see moderate growth, with Germany benefiting significantly from fiscal expansion and economic improvement. Japan's economy will strengthen on domestic demand, aided by additional fiscal stimulus. China has demonstrated resilience under trade protectionism in 2025. With inflation risks easing and labor market risks rising, the US Fed cut the interest rates in September 2025, with a total reduction of 75 bps in 2025, followed by an additional 50-75 bps in 2026. Regarding US stocks, AI-driven productivity gains and cost reductions should sustain solid profitability, with S&P 500 earnings projected to grow by 13.55% year-on-year (YoY) in 2026. However, higher risk premiums may cap valuation upside, leading us to project a year-end target of 7,650 points. Market performance will reflect risk-driven declines in 1Q26, stabilize and recover in 2Q26, and rally significantly around the midterm elections in 4Q26. By sector, among AI-related themes we favor technology, semiconductors, utilities (on higher power demand), machinery for advanced manufacturing, and industrial REITs. Non-AI beneficiaries include aerospace and defense (on higher military spending), pharmaceuticals (on tariff benefits), and capital market segments (supported by active investment banking). As for fixed income, US economic weakness and Fed rate cuts will drive Treasury yields lower, with 10-year yields expected to fall to 3.5-3.7% by 2Q26. We recommend allocating to US Treasuries or high-rated investment-grade corporate bonds in 1H26, then rotating into high-yield bonds in 2H26 as policy rates and economic conditions reach a bottom. James Chu, Chairman at KGI Securities Investment Advisory, says: "AI is triggering a new productivity revolution, supporting economic growth and strengthening corporate earnings. While the US economy is expected to slow, a recession remains unlikely, and the short-term impact of tariff policies should gradually fade by the first quarter of 2026. Although the Fed may shift from cutting rates at every meeting to cutting at alternating meetings, the overall environment remains a rate-cutting cycle. In a non-recession backdrop, lower interest rates should continue to support equity market performance." Mainland China and Hong Kong Markets In terms of the macroeconomy, with the conclusion of trade agreements among many countries, risks have subsided. However, due to external drag, China's GDP growth is expected to slow slightly to 4.6% in 2026. In 2026, investors should focus on four key areas for Hong Kong and mainland China markets: (1) In the consumption sector, domestic demand continued to be the core growth driver, contributing more than half of GDP. As the "trade-in" effect diminishes, the central government is expected to implement the "15th Five-Year Plan" and economic conference plans, launching a new round of subsidies covering culture, entertainment, and sports to continuously boost consumer spending. (2) In the financial market, risk appetite has increased. Given the narrowing spread between bond yields and fixed deposit rates, large amounts of savings are flowing into the capital market seeking returns. The fundamentals of the banking and insurance industries have bottomed out, and the credit structure is accelerating its shift from real estate to supporting the real economy. (3) Regarding the issue of "anti-involution," the PPI remains weak, and capacity reduction has become a focus. Compared to 2015, this round involves more downstream private enterprises and needs to consider employment, presenting greater challenges. While industry consolidation is expected to be lengthy, the impact is controllable and beneficial for long-term healthy development. (4) Regarding new quality productive forces, this will replace real estate and infrastructure as the main investment focus. Digital infrastructure supports AI and embodied intelligence, and humanoid robots are expected to see commercialization in 2026, "iPhone moment." Leading companies with core technological autonomy in innovative drugs will enjoy higher valuation premiums. Overall, we are optimistic on Hang Seng Index. We expect the Federal Reserve's interest rate cuts to drive fund inflows to the Hong Kong and mainland stock markets. Based on an upward revision of the forward PE ratio to 13.5x and 8% earnings growth, we set a target of 30,000 points for the Hang Seng Index by the end of 2026, representing a potential upside of approximately 14%. As confidence recovers, the investment style is expected to shift from defensive to growth stocks. Recommended 12 stocks: XPeng Motors (9868), UBTECH (9880), Tencent Holdings (700), Alibaba (9988), China Hongqiao (1378), AIA Group (1299), Ping An Insurance (2318), China Merchants Bank (3968), Akeso Biopharma (9926), Pop Mart (9992), Tencent Music (1698), and Sino Land (83). Cusson Leung, Chief Investment Officer at KGI, says: "2026 marks a crucial turning point for the Chinese economy. While the market anticipates GDP growth to slow to 4.6%, "new quality productive forces," resembling humanoid robots, is taking over as a new growth engine. The most critical signal in the market is the "awakening" of idle cash—massive savings are flowing from low-interest fixed deposits to the capital market seeking returns. With risk appetite returning and policy support intensifying, now is the time to shift investment strategies from "defensive" to "growth." Driven by both valuation repair and earnings growth, we are optimistic that the Hang Seng Index will reach 30,000 points, and the allocation value of Hong Kong and mainland China stocks has reappeared." Taiwan Market Compared to the dot-com era bull run, which lasted almost five years, the current AI frenzy has been around for about three years, suggesting that the uptrend is still in its middle phase and could extend through 2026. AI plays are trading at high PEs, such valuations are backed by strong fundamentals. In fact, the PEG ratio of Taiwan's AI supply chain has yet to surpass 1x. We estimate that aggregate earnings of AI plays will grow by 21% YoY in 2026, following impressive upticks of 35% in 2024 and 43% in 2025. AI stocks now account for more than 60% of TAIEX earnings, and with the ongoing AI arms race, overall TAIEX earnings growth is projected to accelerate from 14% in 2025F to 20% in 2026. Although the AI frenzy should keep the bull market intact, volatility will rise in tandem due to: (1) substantial cumulative gains, and the fact that valuations are approaching historic highs; (2) policy and political uncertainty surrounding the US midterm elections; and (3) potential changes in the US Fed's rate-cut pace. We expect the TAIEX to repeat a "smile-curve" pattern, featuring continued strength in 1Q26, followed by healthy corrections in 2Q-3Q26 before closing the year with a renewed upswing. We think investors need to pay attention to two major themes. The first is a broad-based product spec upgrade trend across the AI supply chain, which will drive the industry into a new growth phase, with beneficiaries including foundries, GPU and ASIC designers, advanced packaging (such as CoWoS), and ODMs, as well as testing interfaces, memory, thermal solutions, CCL, ABF substrates, PCBs, switches, and power component suppliers amid strong AI computing demand and ongoing GPU platform upgrades. The second is diversification and defensive asset allocation. Innovations in consumer electronics, such as foldable iPhones and smart wearables, will provide growth opportunities, while companies with resilient domestic demand and stable high dividend yields offer a balanced strategy combining growth and income. Overall, investors should strike a balance between growth and resilience against volatility in their portfolios, in the face of market fluctuations. James Chu, Chairman at KGI Securities Investment Advisory, says: "The solid earnings growth driven by AI and still reasonable valuations form a strong foundation for the ongoing bull market in Taiwanese equities. With AI adoption accelerating across enterprises and consumers, demand for computing power is rising rapidly. Yet supply remains constrained by chip and power bottlenecks, meaning hardware suppliers are likely to face continued shortages through 2026. Taiwan's AI supply chain is set to remain a key beneficiary, particularly those tied to next-generation specification upgrades." Singapore Market In 9M25, the overall performance of Singapore's economy was better than expected as the global trade tensions eased after the US pivoted on its reciprocal tariffs and reached deals with its major trading partners. The manufacturing, wholesale trade and finance & insurance sectors remained the growth pillars of the Singapore economy, and each sector delivered decent growth. In particular, manufacturing's growth has been robust, driven by the electronics, transport engineering and biomedical manufacturing clusters. The full year outlook is upbeat, as the growth momentum shall continue till the end of the year. Looking ahead, the global economic outlook for 2026 suggests slower GDP growth for most of Singapore's key trading partners, including China and the Eurozone, largely due to the impact of US tariffs, which will temper demand for Southeast Asian exports, though US growth is expected to remain resilient from AI investment. Consequently, Singapore's outward-oriented sectors, particularly manufacturing and trade-related services, are projected to expand at a slower pace than in 2025, although the electronics and related sectors will benefit from AI demand, while some precision engineering and biomedical output may moderate domestically, the construction sector is set to grow, but consumer-facing sectors are likely to remain subdued. However, the relatively low interest rates and continuous government support shall buffer the impact of the slowdown, and the capital market will still benefit from the upward re-rating catalysts. Chen Guangzhi, Head of Research at KGI Singapore, says: "Thanks to trade de-escalation and the AI wave, Singapore experienced significant economic expansion in 2025. Proactive government initiatives turbo-charged the equity bull run, and this strong momentum is expected to deliver an optimistic economic outlook for 2026." Hashtag: #KGI #MarketOutlookhttps://www.kgi.com.hk/en/https://www.linkedin.com/company/kgi-hongkong/https://www.facebook.com/KGI.HongKong?mibextid=JRoKGi&rdid=a4NoCGXY72nFghtQ&share_url=https%3A%2F%2Fwww.facebook.com%2Fshare%2F15kKKLreMr%2F%3Fmibextid%3DJRoKGi#Wechat: KGI 凱基https://www.instagram.com/kgi.hongkong?igsh=MTI5ems1ZzNlZ3YyMQ==The issuer is solely responsible for the content of this announcement.KGI KGI* has been a leading financial institution in Asia since 1997. 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Bondholders are exposed to a variety of risks, including but not limited to: (i) Credit risk - The issuer is responsible for payment of interest and repayment of principal of bonds. If the issuer defaults, the holder of bonds may not be able to receive interest and get back the principal. It should also be noted that credit ratings assigned by credit rating agencies do not guarantee the creditworthiness of the issuer; (ii) Liquidity risk - some bonds may not have active secondary markets and it would be difficult or impossible for investors to sell the bond before its maturity; (iii) Interest rate risk – When the interest rate rises, the price of a fixed rate bond will normally drop, and vice versa. If you want to sell your bond before it matures, you may get less than your purchase price. Do not invest in bond unless you fully understand and are willing to assume the risks associated with it. Please seek independent advice if you are unsure. 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悉尼2026年1月13日 /美通社/ -- 全球知名交易平台ETO Markets已獲得毛里求斯金融服務委員會（Mauritius FSC，牌照號：C119023893）頒發的金融服務牌照。此項監管授權進一步強化了公司在全球市場踐行透明度、投資者保護和高運營標準的承諾。 ETO Markets Strengthens Global Compliance Framework with Mauritius FSC License 全球合規進程中的里程碑 毛里求斯FSC牌照的獲取，標誌著ETO Markets全球監管框架得到實質性加強，鞏固了其作為受信賴的國際金融服務提供商的地位。ETO Markets總部位於澳大利亞，以在多個司法管轄區提供安全、創新、以客戶為中心的交易解決方案而著稱。此項授權是對其現有澳大利亞證券與投資委員會（Australian Securities and Investments Commission，簡稱「ASIC」）和塞舌爾金融服務管理局（Seychelles Financial Services Authority，簡稱「FSA」）牌照的補充，進一步拓展了ETO Markets的監管版圖，提升了其服務快速增長全球客戶群的能力。 通過全球合規強化客戶保護 毛里求斯FSC成立於2001年，以其嚴格的監管標準著稱，這些標準將投資者保護和市場穩定置於首位。此次牌照的獲得，與澳大利亞ASIC和塞舌爾FSA的監管相輔相成，凸顯了ETO Markets對全球最佳實踐和高合規標準的執著追求。客戶可放心交易，因為ETO Markets確保交易透明，維持客戶資金隔離存放，並提供完善的糾紛解決機制，以保障客戶利益。 立足全球金融中心的戰略佈局 毛里求斯是公認的國際一流金融中心，是連接非洲和亞洲的橋樑，也是全球投資流動的門戶。通過在毛里求斯FSC監管下設立持牌實體，ETO Markets加強了在該地區的戰略佈局，利用毛里求斯有利的監管環境擴大全球影響力，更好地服務多元化的國際客戶群體。 以智能交易方案賦能交易者 ETO Markets持續致力於將智能、技術驅動的工具融入其交易基礎設施。通過先進的基礎設施、超高速執行和強大的風險管理工具，ETO Markets不斷將人工智能驅動的創新融入其平台，踐行其重塑全球市場交易效率和透明度的使命。 關於ETO Markets ETO Markets是一家領先的金融服務平台，受澳大利亞ASIC、塞舌爾FSA和毛里求斯FSC等多個司法管轄區的監管。為全球120多個國家的客戶提供服務，提供對廣泛資產類別的無縫訪問。憑借超低點差、有競爭力的槓桿和對監管卓越的承諾，ETO Markets在全球最高標準下，提供智能、技術增強的交易體驗。
SYDNEY, Jan. 13, 2026 /PRNewswire/ -- ETO Markets, a globally recognized trading platform, has secured a financial services license from the Financial Services Commission of Mauritius (Mauritius FSC, License No. C119023893). This regulatory authorization reinforces the company's commitment to transparency, investor protection, and high operational standards across international markets. ETO Markets Strengthens Global Compliance Framework with Mauritius FSC License A Milestone in Global Compliance The Mauritius FSC license represents a meaningful enhancement to ETO Markets' global regulatory framework, strengthening its position as a trusted international financial services provider. Headquartered in Australia, ETO Markets is recognized for delivering secure, innovative, and client-focused trading solutions across multiple jurisdictions. This authorization complements its existing licenses from the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). It further extends ETO Markets' regulatory footprint, enhancing its ability to serve a rapidly growing global client base. Strengthening Client Protection Through Global Compliance Established in 2001, the Mauritius FSC is known for its stringent regulatory standards that prioritize investor protection and market stability. Together with oversight from Australia ASIC and Seychelles FSA, this license underscores ETO Markets' dedication to global best practices and high compliance standards. Clients can trade with confidence, knowing that ETO Markets ensures transparency, maintains segregated client funds, and provides robust dispute resolution mechanisms to safeguard their interests. Strategic Positioning in a Global Financial Hub Mauritius is recognized as a premier international financial center, bridging Africa and Asia and serving as a gateway for global investment flows. By establishing a licensed entity under the Mauritius FSC, ETO Markets strengthens its strategic presence in the region, leveraging Mauritius' favorable regulatory environment to expand its global reach and better serve a diverse international clientele. Empowering Traders with Intelligent Trading Solutions ETO Markets remains focused on integrating intelligent, technology-driven tools into its trading infrastructure. Through advanced infrastructure, ultra-fast execution, and robust risk management tools, ETO Markets continues to integrate AI-powered innovations into its platforms, reinforcing its mission to redefine trading efficiency and transparency across global markets. About ETO Markets ETO Markets is a leading financial services platform, regulated across multiple jurisdictions, including Australia ASIC, Seychelles FSA, and Mauritius FSC. Serving clients in over 120 countries, it provides seamless access to a wide range of asset classes. With ultra-low spreads, competitive leverage, and a commitment to regulatory excellence, ETO Markets delivers intelligent, technology-enhanced trading experiences under the highest global standards.
阿聯酋杜拜2026年1月9日 /美通社/ -- 為配合其業務策略方向，STARTRADER 與美國國家籃球協會（NBA）達成協議，正式成為該聯盟的官方合作夥伴；此舉標誌著該公司在持續增長及業務擴展的進程中，立下重要里程碑。 STARTRADER Begins 2026 as Official Partner of the NBA 球迷將於 NBA 各個主要接觸點看到 STARTRADER 的品牌蹤影。從場館內的背景板，到轉播可見的廣告位置及特選聯盟媒體平台，隨著觀眾全年透過數碼渠道、廣播及精選現場賽事體驗精彩內容，STARTRADER 將獲得極具影響力的品牌曝光。這些推廣活動不僅加強了品牌的全球佈局，亦鞏固了其創新理念；此外，NBA 與 STARTRADER 亦將聯手推行社會影響力計劃。 「此次合作反映了 STARTRADER 作為全球品牌的發展方向，」STARTRADER 行政總裁 Peter Karsten 先生表示，「與 NBA 結盟，加強了外界對我們品牌的信任，並支持我們在國際舞台上，與同樣致力於長遠增長的機構並肩前行的願景。」 「隨著我們繼續在中東地區推廣籃球運動及拓展 NBA 的版圖，我們期待與 STARTRADER 緊密合作。」NBA 中東戰略與發展總監 David Watts 表示，「該地區是聯盟的重點發展市場，是次合作反映了我們致力與志同道合的品牌攜手，利用最新科技創新與球迷互動的決心。」 這項合作與 STARTRADER「建基於信任，驅動於增長」的品牌重塑定位一致。這反映了該品牌在持續與具備跨文化及跨市場深遠影響力的國際級機構合作時，所取得的增長成果。 這一發展方向的核心，在於 STARTRADER 致力讓全球交易變得觸手可及且值得信賴；這些賦能原則，正如 NBA 透過籃球運動連結全球數以億計球迷的角色一樣，彼此呼應。透過具透明度的准入機制、先進工具及可靠的支援，STARTRADER 建立了一個讓交易者和合作夥伴能充滿信心地共同成長的交易環境。 適逢 NBA 慶祝第 80 個賽季，STARTRADER 將繼續致力鞏固多年來建立的堅實基礎，以支持在不斷演變的金融格局中實現長遠增長。這項合作標誌著 STARTRADER 作為活躍於世界舞台的全球品牌，正持續蛻變。 STARTRADER 簡介 作為全球領先的經紀商，STARTRADER 為全球 200 多個地區的客戶提供具透明度的交易環境及卓越服務。我們提供廣泛的交易產品，包括外匯、貴金屬、股票、指數、大宗商品及交易所買賣基金（ETF），並配備多元化的交易平台。此外，我們為機構客戶提供量身定制的流動性解決方案，展現全面的服務能力，從而在行業中佔據獨特地位。STARTRADER 受五大頂級監管機構（SCA、ASIC、FSCA、FSA 及 FSC）監管，確保為客戶提供最高標準的安全與信任。 https://www.startrader.com/
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