More affluent buyers to snap up luxury homes amid Hong Kong’s roaring stock market

More affluent buyers to snap up luxury homes amid Hong Kong’s roaring stock market

More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past…

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Baidu-backed drug discovery start-up Biomap challenges Google’s AlphaFold

Baidu-backed drug discovery start-up Biomap challenges Google’s AlphaFold

Biomap, a biotechnology start-up co-established by Baidu founder Robin Li Yanhong and backed by the Hong Kong government, says it has surpassed Alphabet subsidiary AlphaFold in commercialising artificial intelligence foundation models for drug discovery. Multinational pharmaceutical companies were seeing a “reverse” in the technological gap between Biomap and AlphaFold, Wei Liu, co-founder and CEO of…

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