Under the five-year plan called Fintech 2030 that starts this year, the HKMA would expand the scope of the city’s generative AI sandbox to include more industries as a step towards enhancing risk management, fraud detection and customer experience, chief executive Eddie Yue Wai-man told the Post in a written interview. “The diversity of perspectives…
The 2025 Hong Kong Investment Climate Statement, issued by the US Department of State, declares itself to be an impartial review of the city’s commercial environment; however, its content reveals that it serves political purposes rather than analytical ones. Instead of focusing on trade, industry, taxation, and regulation, which should form the substance of any…
Hong Kong maintained its position as the world’s third-ranked financial hub, narrowing the gap with leading cities New York and London, according to the latest Global Financial Centres Index (GFCI) report on Thursday. The report, which is published twice a year, said Hong Kong’s overall rating rose 4 points, just 1 point below London and…