Hong Kong has to brace for the emerging risks of an artificial intelligence (AI) bubble bursting and quantum computers capable of hacking encrypted financial systems, the city’s de facto central banker has warned. Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), also said on Sunday that the banking regulator would focus…
The average number of training hours an employee in Hong Kong undergoes has hit a 14-year high as companies push for greater technology adoption and skills upgrading, a survey has found. According to the poll released by the Hong Kong Institute of Human Resource Management on Friday, average annual training hours per employee reached 19.4…
Theft. Rivalry. Restrictions. Espionage. And declarations. The US and China artificial intelligence race has all the trappings of a thriller – one that now appears to be coming to a head. US has over the years announced stringent export-controls to ensure China doesn’t get access to the most advanced inputs needed to develop AI. (Feature…
There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield…
Hong Kong is trapped in a structural economic paradox that threatens both its long-term competitiveness and social stability. Organisations are paralysed by the urgent need for artificial intelligence (AI) transformation, complaining day in and day out that they lack technological talent. An International Data Corporation (IDC) study last year revealed that 55 per cent of…
As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong’s tech chief has warned that AI will “exceed all previous industrial revolutions” and heavily impact…
As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong and mainland China are expected to begin sharing cross-border data within the year, when more…
Asean countries are looking to deepen supply chain integration with the Greater Bay Area to tap expertise in the region’s advanced technologies and manufacturing, with Hong Kong also poised to benefit, industry leaders and officials have said. Panellists at the South China Morning Post’s GBA-Asean Summit 2026 highlighted artificial intelligence (AI) and green technology as…
Hong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers….
The logo of Hong Kong Exchanges and Clearing Ltd (HKEX) flashes on an electronic board as people walk in front of Exchange Square, which houses HKEX, on April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong share sales surged to a five-year high in the first half of 2026 as investor enthusiasm around the…