The Hong Kong government has launched a digital logistics platform offering real-time cargo tracking, with some 2,300 companies registered on the system. Secretary for Transport and Logistics Mable Chan said on Friday the new Port Community System would streamline transport data and improve transparency for users. The system integrates sea, land and air data and…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
(Bloomberg) — Asian equities came under pressure after a tech selloff hit Wall Street Friday, with chip shares among the losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.2% with chipmakers pushing the Nikkei-225 index down by 1.8%. Samsung Electronics Co. and SK Hynix Inc….
“Digital Trade Masterclass” spotlights digital financing, e-bills of lading and retail supply chain management – The HKTDC continues to help SMEs seize digital trade opportunities by co-hosting with the ICC DSI a masterclass on technologies such as electronic bills of lading and blockchain. More than 200 SMEs took part.– Prof Frederick Ma, Chairman of the…
Hong Kong police have begun issuing electronic fines for parking and traffic offences, with some drivers calling for increased publicity over the measure and a longer transition period. The digital system began operation on Sunday, allowing penalty tickets to be delivered via SMS or email. Drivers can review the fines on a new website and…
(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…