News
Survey reveals low consumer confidence in AI usage across 3 sectors
More than 10% of consumers are 'somewhat uncomfortable' with AI use in the three industries.
Survey reveals low consumer confidence in AI usage across 3 sectors
More than 10% of consumers are 'somewhat uncomfortable' with AI use in the three industries.
Human-driven content vs AI-generated: Which do Hongkongers prefer?
In consumer marketing, 24% prefer AI-generated content.
Only 2 in 10 Hongkongers are familiar with generative AI - IPSOS
Gen Z and millennials are most aware of the technology.
Hong Kong’s full-year economic growth to be ‘weaker than expected’ – expert
The city’s GDP contracted by 1.3% QoQ in 2Q23.
Municipal solid waste disposal fees to start next year
The government will charge $365 per tonne for solid waste disposal.
Deal volume in HK drops 20.7% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
ifc mall attains certification from the US Green Building Council
The establishment is the first mall to receive such recognition in Hong Kong.
Dah Sing Bank warns customers about fake ‘Dah Sing Finance’ website
Consumers are advised not to leak their personal information on the website.
ESG disclosures of Hong Kong-listed companies have matured: report
In 2022, no companies were labeled underdisclosed as opposed to 3.5% in 2021.
Measure proposed to strengthen prosecution vs overcharging water bills
It proposes to mandate parties who charge water costs to keep receipt copies.
Gov’t allocates $100m to boost SME’s tech adoption and competitiveness
The services of SMEs will be enhanced in the next five years.
Gov’t seeks to expand coverage of FSIE regime
The expanded regime will cover more assets.
HKMA surpasses Singapore on highest forex reserves, ranks 7th globally
Hong Kong Monetary Authority reported HK$3.13t forex reserves in Q2 2023.
Citi settles first trades on HKEX Synapse
Synapse is a settlement acceleration platform.
Towngas installs governor kiosks with IoT and solar energy
The kiosks, now known as smart governors, will be doubled to 200 next year.
Citi sells onshore consumer wealth portfolio to HSBC Bank China
The transaction is estimated at $3.6b.
Use of AI amongst HK enterprises likely to become mainstream next year
Five in 10 enterprises plan to utilise AI in various areas of operations in 2024.
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