Hong Kong markets closed higher on Oct 16 (Fri): HSI +124.11 pts, +0.52% to 24,186.83; Hang Seng Tech index +47.25 pts, +1.16% to 4,108.24; Hang Seng China Enterprises Index +24.98 pts, +0.31% to 8,128.25; Red Chip index +34.92 pts, +0.87% to 4,057.50.

The EU is preparing to accelerate antitrust clearance of Project Bromo, a proposed joint venture by Airbus, Leonardo and Thales designed to build a European satellite champion and reduce reliance on US providers such as SpaceX. The commission has been consulting the three firms for a year to pre‑identify and address competition issues; the companies are expected to file in the coming weeks. If the parties offer remedies such as divestments, the deal could clear the one‑phase preliminary review (just over one month) without a protracted in‑depth investigation. Von der Leyen has signalled political support, but the EU competition commissioner stressed the project must comply with EU competition law.

據CNN：烏克蘭已耗盡愛國者防空導彈。