What will a stronger international financial centre look like for Hong Kong? Doubling down on yuan internationalisation is a key focus, experts say in this second of our five-part series on the city’s first five-year blueprint. Read part one here. With a symbolic press of a button, top officials and securities regulators from Hong Kong…
More than 70 per cent of Hong Kong working professionals use artificial intelligence (AI) tools on a daily or weekly basis, more than double the global average, but junior staff also harbour deeper anxiety over job security amid its growing adoption, a survey has found. About 72.7 per cent of respondents said they used AI…
The liquidators of China Evergrande Group’s lawsuit against PricewaterhouseCoopers (PwC) International will have their case heard in the Hong Kong High Court on Monday, according to records posted on the judiciary’s website. The one-day hearing was scheduled before Deputy Judge Patrick Fung Pak-tung of the High Court and would be open to the public, the…
Hong Kong’s workforce lags behind regional peers in the frequent use of AI, a sluggish adoption rate that experts say is limiting pay rewards and job security even as companies prepare to trim entry-level roles. A 2025 survey conducted by PricewaterhouseCoopers (PwC) released on Thursday found that half of Hong Kong respondents were infrequent users…
Shifting policies under US President Donald Trump’s administration are expected to heighten market volatility in Hong Kong this year, the finance chief has said, but he also expressed “cautious optimism” about the capital market, noting that business and political leaders he met at the World Economic Forum viewed the city much more positively than in…
Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives. As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not…
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed at governing the country’s largest source of tax revenue and set to come into effect early next year. The regulations, released for public consultation in August and approved on Friday, outline detailed rules for enforcing the VAT…
The 50,000-seat Kai Tak Stadium is transforming Hong Kong into a major sports and events destination, as it drives repeat tourism, supports retailers and helps prop up the city’s retail property landlords, according to experts. The stadium has been ranked the world’s No 3 in ticket sales in 2025, just nine months after its debut,…
The 50,000-seat Kai Tak Stadium is transforming Hong Kong into a major sports and events destination, as it drives repeat tourism, supports retailers and helps prop up the city’s retail property landlords, according to experts. The stadium has been ranked the world’s No 3 in ticket sales in 2025, just nine months after its debut,…