Claude AI Hong Kong access restricted for OKX employees. Photo by BeInCrypto Goldman Sachs and OKX have both cut Hong Kong staff off from Anthropic’s Claude AI model. The two restrictions happened months apart, but both trace back to the same geographic access rules. Anthropic restricts Claude access in Hong Kong and mainland China. OKX…
Gold prices have “explosive” upside potential, according to analysts, boding well for Hong Kong’s ambitions as a trading hub as Asian central banks continue to have a voracious appetite for stockpiling bullion. Supporting the outlook, Beijing – which has added to its gold reserve for 20 straight months – wants to better connect the Shanghai…
Officials talking about artificial intelligence (AI) often speak in terms of the next industrial revolution or existential risks. Such rhetoric ultimately does little to capture how AI filters into the ordinary workings of a city like Hong Kong. The geopolitics of AI are no longer abstract. They are beginning to shape who can use which…
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 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….
Hong Kong cannot be faulted for not working hard enough to catch up in the global artificial intelligence (AI) race. Government funding is flowing generously towards projects focused on AI adoption. In recent years, the government has pumped billions into building the necessary infrastructure, including HK$2.84 billion (US$364 million) for a semiconductor centre, HK$3 billion…
Tiger Brokers reported a 17.5 per cent year-on-year jump in first-quarter operating profit in an announcement on Tuesday, without any mention of the looming punishment from China’s securities regulator over alleged unlicensed cross-border trading services. Tiger Brokers said its operating profit rose to US$47.6 million in the three months ended March 31, while revenue climbed…
The Hong Kong Exchanges and Clearing (HKEX) is pressing ahead with the relaunch of gold futures as mainland China’s appetite for the metal continues to grow. The city would continue to introduce new gold products and facilities to capture the growing opportunities of the gold market, Financial Secretary Paul Chan Mo-po said on Thursday at…
Goldman Sachs has now barred its bankers in Hong Kong from using Anthropic’s Claude AI models, underscoring how emerging artificial intelligence technologies are increasingly caught in the crossfire of US-China tensions. According to a report by Financial Times, Goldman employees in Hong Kong lost access to Claude models a few week ago, both directly and…
Goldman Sachs just raised its outlook on China’s robotaxi market by a meaningful margin. The revision signals the bank now believes commercialization is moving faster than it previously assumed. In a note published April 18, Goldman analysts led by Allen Chang forecast that China’s robotaxi fleet will nearly triple from 5,000 vehicles in 2025 to…