共 30 則相關新聞
By Pierre-Henry Deshayes Chinese-made cars filmed sensitive information during a Norwegian military exercise, including access codes at secure sites and officials’ comings and goings, raising concerns about the risks posed by connected vehicles. During a security exercise at Oslo airport on Se
Hong Kong’s Fire Services Department will launch three new AI-assisted drone technologies to strengthen fire detection and its response to heightened risks during tomb-sweeping activities ahead of the Chung Yeung Festival on Sunday. Wong Tak-fai, acting divisional officer for information and communi
As global capital flows towards clean energy and artificial intelligence, Hong Kong billionaire Li Ka-shing’s business group has expanded its oil exposure in a move analysts see as a buffer against geopolitical risks and a play for steady cash flow. The first major investment move by the widely watc
Rising sovereign debt and borrowing costs have prompted a fresh warning from the International Monetary Fund (IMF) about risks to the fiscal health of member countries, with 24-year highs in US Treasury yields expected to become one of the focal topics for central bankers and finance ministers gathe
Unhealthy levels of air pollution have persisted across parts of Hong Kong on Wednesday, after the Environmental Protection Department (EPD) recorded a “serious” level of health risk at monitoring stations on Tuesday. However, the Observatory said a fresh easterly airstream will arrive a
China’s futures exchanges will intensify a crackdown on malfeasance linked to programme trading by defining specific violations, as Beijing seeks to contain any cross-asset risk that could place additional strain on the nation’s already struggling stock markets. Participants who failed to report and
Hong Kong travel agencies and border shops have capitalised on the opening of the revamped Huanggang Port as thousands of visitors poured through the control point, with special tours on offer and shopkeepers reporting brisk business. Agents said the port’s 24-hour joint clearance arrangements could
Hong Kong will step up health surveillance measures for arrivals after a laboratory worker at an anti-plague research institute in Russia died from pneumonia, but authorities have stressed the risk to residents remains low. According to World Health Organization (WHO) information provided by Russian
Hong Kong has recorded 21 cases of mpox since August, accounting for 70 per cent of this year’s total, prompting health authorities to urge people who engage in high-risk sexual contact to take protective measures and get vaccinated to reduce their risk of infection. The latest case, involving a 29-
Environmentalists and academics have criticised the omission of a systemic heat-health action plan in Hong Kong’s first five-year plan and latest policy address, warning that relying on “common sense” is failing to protect vulnerable residents from rising temperatures. Their comments came as new res
Fintech industry executives have stepped up lobbying for clearer regulations regarding prediction markets as they attempt to distance the business from gambling and also play down its risks. The calls, made at Thursday’s iFX Expo Asia in Hong Kong, come as regulators and legal experts in the city an
Exuberance among cornerstone investors in Hong Kong’s booming initial public offering (IPO) market seems to be fading, forcing some issuers that had hoped to list this month to postpone their offerings. With more than 60 per cent of new listings in the third quarter now trading below their issue pri
Mainland Chinese visitor arrivals in Hong Kong exceeded the government’s forecast for the entire National Day “golden week” holiday in the first six days, as major shopping centres and hotel operators reported brisk business. The city recorded 1.3 million mainland visitor arrivals over the first six
Hong Kong’s economy continued to expand in the third quarter of this year, driven by strong exports and tourism, the city’s finance chief has said, while warning of risks including the war in the Middle East and inflation. Financial Secretary Paul Chan Mo-po also reiterated his confidence that the e
US firm ArriVent BioPharma’s shares plummeted after a late-stage trial failure involving a cancer drug licensed from China, a setback that analysts said highlighted the challenges facing Chinese biotech companies expanding overseas. New York-listed ArriVent closed down nearly 47 per cent on Tuesday
Chief Executive John Lee Ka-chiu’s vision of an “AI city brain” is bold and timely. An integrated system linking data across transport, public works, environmental monitoring and emergency response could help Hong Kong manage risks more proactively and coordinate services more effectively. The initi
Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter as investors contend with underwhelming stimulus measures from Beijing, tighter financial conditions in the US and a shift in the narrative around the artificial intelligence trade, according to analysts. The two markets wer
Hong Kong businesses are lagging behind their mainland Chinese peers in adopting artificial intelligence, as entrenched legacy systems and a risk-averse corporate mindset slow the city’s digital transition, according to a senior executive at consultancy Accenture. Only 10 per cent of Hong Kong firms
China’s top intelligence and security agency on Monday issued a stark new warning on the risks of cryptocurrencies, highlighting their role in crime and stressing that transactions are not anonymous. Here are three things to know about the fresh warning from the Ministry of State Security (MSS) and
Several Chinese mutual funds investing in US stocks have warned investors about risks associated with hefty premiums to their net asset values, highlighting persistent demand for US equities even after Beijing expanded quotas for outbound investment. At least six fund houses, including China Asset M
A more than 1,700 per cent share-price surge by a new listing on the Shanghai Stock Exchange last week put a spotlight on a state-owned industrial compressor manufacturer, leading the bourse operator to intervene to curb speculative trading. ShenGu Group, a maker of centrifugal compressors in northe
Child abuse can impair victims’ development and increase their risk of long-term health problems such as obesity and heightened inflammatory responses, a Hong Kong NGO has said, calling for a tiered prevention strategy to strengthen protections. Against Child Abuse on Wednesday shared the results of
China’s push for tech self-reliance is opening new investment opportunities in artificial intelligence stocks, but stretched valuations and geopolitical tensions make the sector an increasingly risky bet, according to Bank of America. The country’s tech firms are catching up with overseas rivals whi
Hong Kong risks losing its status as an international aviation hub if it fails to secure a reliable, credibly certified supply of sustainable aviation fuel (SAF), the head of the government’s think tank has warned. Stephen Wong Yuen-shan, head of the Chief Executive’s Policy Unit, made the remarks a
Hong Kong authorities have expanded their search radius to capture stray dogs and installed new surveillance cameras in the area where a suspected fatal canine attack took place, in a bid to “completely remove” safety risks in the neighbourhood. The heightened measures came three days after a 27-yea
Global institutional investors and wealth managers are stockpiling cash at the fastest pace on record while quietly retreating from US and UK equities as persistent inflation and mounting geopolitical risks dominate portfolio decisions, according to a report by Marsh Investments. The institutional i
Hong Kong will begin recruitment for an artificial intelligence (AI) commissioner in the second quarter of next year to assist in drafting policies for the technology and risk governance, with authorities confident the city does not lack suitable talent. Tech authorities on Friday revealed details o
Senior bankers at HSBC are facing a double blow of losing a key employment benefit while also confronting potential job losses as the lender carries out a range of measures to cut costs and achieve fair treatment for all staff, according to sources. HSBC, the biggest lender in Hong Kong, will scrap
Japan is adding a fresh layer of uncertainty to global financial markets by potentially triggering a new bout of turmoil in bond markets and dampening the appetite for risk assets, as Tokyo’s pursuit of increased defence spending stokes concerns about fiscal discipline and sends sovereign bond yield
The US Federal Reserve raised interest rates for the first time in three years in an effort to quell inflation partly caused by the war on Iran helping to drive up fuel prices. Policymakers voted unanimously on Wednesday to lift rates by 25 basis points to between 3.75 and 4.00 per cent. Sixteen of