Editorial | Hong Kong must toughen gatekeeping to prevent public-sector fraud

Editorial | Hong Kong must toughen gatekeeping to prevent public-sector fraud

The scandal involving a company using fraudulent documents to win a HK$52.9 million (US$6.78 million) bottled water supply contract has put the spotlight on the Hong Kong government’s procurement mechanism. Equally worthy of concern is the long-standing practice of subcontracting works in the construction industry, with the city’s railway operator looking into a suspected fraud…

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Chinese start-up joins NetDragon-owned Cherrypicks to push AI solutions overseas

Chinese start-up joins NetDragon-owned Cherrypicks to push AI solutions overseas

Beijing-based Zhongke WengAI, whose services are used by various Chinese ministries and state media outlets, will also jointly develop with Cherrypicks – owned by Hong Kong-listed NetDragon Websoft – enterprise AI solutions for industries such as finance and healthcare, the partners said in a statement on Friday. This collaboration “exemplifies the convergence of China’s AI…

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