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When Algorithms Become Consumers: How the AI Agent Economy Is Reshaping the Consumer Industry

Artificial intelligence is evolving from a “copilot” into an “intelligent agent,” and this leap will have an unprecedented impact on the marketing industry.In the past few years, we’ve witnessed how AI, as an efficiency tool, has optimized the marketing value chain: customer service bots have reduced operating costs, generative AI (AIGC) has enabled large‑scale content production, and machine learning has made consumer insights more precise.

Xi LI
Xi LI

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When Algorithms Become Consumers: How the AI Agent Economy Is Reshaping the Consumer Industry

A Critical Moment for the Third Economic Transformation: Starting with the Four Pillar Industries

Hong Kong is a highly developed economy with close to 94% of its gross domestic product (GDP) generated by the service sector. However, in the current service sector structure lies a “binary structure trap”.

Heiwai TANG
Heiwai TANG

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A Critical Moment for the Third Economic Transformation: Starting with the Four Pillar Industries

A Way out for Hong Kong’s Middle Class Facing the Kill Line

From where I sit in the office at the foot of Lung Fu Shan, the view outside the window is the lush greenery of Pok Fu Lam while the scintillating waters of Victoria Harbour in the distance can barely be made out.

Yifei ZHANG
Yifei ZHANG

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A Way out for Hong Kong’s Middle Class Facing the Kill Line

Navigating geopolitical risks: How U.S. firms adjust supply chains amid U.S.–China rivalry

The recent geopolitical rivalry—most notably between the U.S. and China—has fuelled a resurgence of geopolitical risks for firms. This is defined as disruptions driven by state actions seeking advantages over rival countries. A significant source of geopolitical risks stems from firms’ home governments, which may pressure firms to ‘decouple’ or ‘derisk’ from rival countries.

Bo YANG
Bo YANG

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Navigating geopolitical risks: How U.S. firms adjust supply chains amid U.S.–China rivalry

The Determinants of ESG Ratings: Rater Ownership Matters

Third-party ESG ratings are used in investment practices as key metrics for evaluating corporate ESG performance. However, substantial disagreements in ESG ratings for the same firms across different rating agencies have been documented.

Dragon Yongjun TANG
Dragon Yongjun TANG

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The Determinants of ESG Ratings: Rater Ownership Matters

China’s Macroeconomic Shift: A Call for Firms to Go Global

China’s economy is currently in a period of deep structural transformation. Despite the potential of its 1.4 billion-strong domestic market, the contraction of the wealth effect triggered by the real estate correction, together with a high household savings rate (exceeding 43% in 2024) and weak consumer confidence, is constraining the release of domestic demand.

Heiwai TANG
Heiwai TANG

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China’s Macroeconomic Shift: A Call for Firms to Go Global

Battery Swapping: A Golden Key to Electrifying Hong Kong’s Commercial Fleet

In the global evolution of energy replenishment for new-energy vehicles, battery-swapping technology has undergone a dramatic rejuvenation. As early as 2007, the Israeli company Better Place already outlined a blueprint for automated battery swapping, attempting to eliminate range anxiety by physically replacing the battery.

Zhixi WAN
Zhixi WAN

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Battery Swapping: A Golden Key to Electrifying Hong Kong’s Commercial Fleet

Hong Kong’s Next Growth: Pioneering the Web 3.0 Ecosystem

As of 2024, there were already 659 million cryptocurrency holders worldwide, making up about 8% of the global population (Crypto.com, 2024). By October 2025, the global cryptocurrency market had expanded significantly, reaching a total value of US$3.87 trillion (Forbes, 2025). As cryptocurrencies – some of the most well-known types of virtual assets in the Web 3.0 ecosystem – gained traction, related concepts such as blockchain, decentralization, smart contracts, and the broader Web 3.0 ecosystem began attracting attention from governments, businesses, and academic institutions. In a bold move to support Web 3.0, U.S.

Yulin FANG
Yulin FANG

Yangchen MOU
Yangchen MOU

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Hong Kong’s Next Growth: Pioneering the Web 3.0 Ecosystem

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