Hong Kong markets opened lower on Oct 14 (Wed): HSI down 62.97 pts (-0.26%) at 24,282.25; Hang Seng Tech Index down 0.73 pts (-0.02%) at 4,135.90; Hang Seng China Enterprises Index (HSCEI) down 12.76 pts (-0.16%) at 8,161.96; Hang Seng Red Chip Index down 4.96 pts (-0.12%) at 4,068.21.

OpenAI and the U.S. Department of Justice said a Saudi national, Abdulrahman Alfozan, was arrested on Oct. 9 on criminal charges after a concealed recording device was found behind a television in an executive meeting room. Alfozan, who joined OpenAI’s product team in July 2025, has been detained by federal authorities and was fired. OpenAI said it used its AI models to analyze the device and identify the person who placed it; the room is regularly used for confidential discussions of research, product plans, commercial strategy, government affairs and business relationships. The company reported the matter to the FBI, which carried out the arrest, and said there is no evidence the individual improperly accessed or stole model weights, source code or customer data. The investigation is ongoing.

Bank of Korea governor said the key consideration for monetary policy is that inflation weighs most on low-income households; deploying fiscal resources can help address these distributional imbalances.