News Summary:
HKT Payment Limited, the financial services arm of PCCW, was selected on August 27, 2026, to participate in Hong Kong's Generative Artificial Intelligence (GenA.I.) Sandbox++ initiative. The company will conduct a pilot trial for registration and verification of AI agent-initiated payment flows, aiming to advance responsible innovation in the financial sector. Earlier, on August 4, PCCW's July 2026 FF301 monthly return indicated no changes in issued or treasury shares, maintaining 7,747,762,518 total shares. The report also noted non-compliance with the public float sufficiency confirmation due to the applicable threshold not being met. This followed Cedric Mauvielle of PCCW participating in an expert panel discussion on the drivers and dynamics of Wholesale IoT on July 31. Previously, PCCW reported a 7% year-on-year revenue increase to HKD 20.20 billion (US$2.59 billion) for the first six months of 2026, with a narrowed net loss. The company attributed this growth to stable performance at its HKT unit, expansion of its Viu streaming platform, optimized content curation, deepened audience engagement, expanded multi-channel distribution, and accelerated AI deployment across the group.
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