Setting a timer to take a short break after every 25 minutes of study, compiling a “mistakes booklet” to learn from past errors and using artificial intelligence to boost English skills are among the strategies used by top scorers in this year’s university entrance exam in Hong Kong. However, some of the 24 high achievers…
In the world of artificial intelligence, a token is the smallest unit of information processed by an AI model. When a user asks ChatGPT, DeepSeek, Gemini, or Doubao a question, the system does not read sentences like a human. It breaks words down to tiny pieces called tokens. These are the building blocks that allow…
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…
Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous…
The recent news about China developing the world’s fastest supercomputer will trigger the predictable debate about whether Beijing has finally overtaken the US in advanced computing. The answer, at least for now, is no. The new LineShine system that topped the latest TOP500 ranking is not the world’s most powerful machine for artificial intelligence (AI)…
Bankers working for JPMorgan Chase and Goldman Sachs in Hong Kong must have been miffed when they were shut off from using artificial intelligence (AI) models from Anthropic, a pioneering American firm in the field. Goldman Sachs and JPMorgan Chase pulled the plug in April and last week respectively, based on a strict interpretation of…
Chinese startup DeepSeek released a new artificial intelligence model with “drastically reduced” costs Friday, more than a year after it stunned the world with a low-cost reasoning model that matched the capabilities of US rivals. China’s DeepSeek says releases long-awaited new AI model (AFP/Representative) The AI race has intensified the rivalry between China and the…
Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025,…
Chinese artificial intelligence start-up DeepSeek suffered a prolonged outage overnight that extended into early Monday morning, disrupting service for hundreds of millions of users, according to a company notice and user feedback. The Hangzhou-based AI lab’s namesake chatbot website and app were offline from Sunday evening, with the company continuing to investigate while issuing fixes…
“AI Anxiety” is real and its growing as fast as the spread of AI in daily life. In China, where the spectacle of humanoid robots performing a perfectly synchronised dance is seen as technological progress, it has also occasioned “AI Anxiety”. It reflects a fear of being outpaced by technology. Of what it could mean…