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  • 貨幣爭霸 花落誰家 (The race is on for the new world currency)

    近年來，數碼貨幣在世界各地日常經濟活動中已擔當不可或缺的角色，例如中國內地的支付系統，就以微信和支付寶居主導地位，數以億計的消費者已習慣以電子錢包取代現金。臉書正籌備發行新加密幣Libra，標榜為與一籃子官方貨幣掛鈎的「穩定幣」（stablecoin）。在非洲，肯尼亞電訊公司Safaricom亦已推出手機支付程式M-Pesa。

  • 湾区争雄重育才 融汇中西港占优

    去年夏天笔者刚从洛杉矶移居到香港这座阔别多年的城市，就接到所属经管学院通知，因学生报名人数突然几近翻倍，需多教一门应用计量经济学的硕士课程。2019冠状病毒病疫情下，香港特区的大学还能增产扩容，实属难得。

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Hong Kong Retail Gasoline Net Profit Margin Surges 6‑Fold Over Two Decades

Hong Kong’s petrol prices have ranked among the highest in the world in recent years. In March 2026, for example, the posted price of unleaded petrol at Hong Kong filling stations reached as high as US$4.06 per litre, about 42% higher than Malawi, which ranked second.

Wen ZHOU
Wen ZHOU

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Hong Kong Retail Gasoline Net Profit Margin Surges 6‑Fold Over Two Decades

The Boom in AI Trade Underscores Hong Kong’s Role as a Global Hub

With the artificial intelligence (AI) wave still in full swing, demand for compute hardware is soaring rapidly. Amid this technological revolution, Hong Kong’s import and export sector has successfully seized the opportunities of the era and shown strong growth momentum.

Heiwai TANG
Heiwai TANG

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The Boom in AI Trade Underscores Hong Kong’s Role as a Global Hub

DELTA+T²: When Trust Replaces Analytics as the Defining Bottleneck in the AI Era

Not long ago, on 2 August 2026, the core provisions of the EU Artificial Intelligence Act officially came into effect: all AI-generated content must be clearly labelled, chatbots must inform users that they are interacting with AI, and companies in breach of the rules may face fines of up to €15 million or 3% of their global annual turnover.

Haipeng SHEN
Haipeng SHEN

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DELTA+T²: When Trust Replaces Analytics as the Defining Bottleneck in the AI Era

Financial Inclusion: Pros and Cons of Traditional Commercial Banks’ Adoption of Fintech and Digitalization

At present, the development and application of financial technology (fintech) and digital finance are no longer confined to non-bank fintech companies and large internet platforms. In fact, traditional commercial banks, which still firmly occupy a dominant position in the market—especially many large commercial banks—have invested heavily in the development and application of cutting-edge financial technologies.

Mingzhu TAI
Mingzhu TAI

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Financial Inclusion: Pros and Cons of Traditional Commercial Banks’ Adoption of Fintech and Digitalization

What AI Generated Content Do We Actually Need?

In the AI era, more and more companies are using AI to generate content and widely disseminating it online. An analysis by SEO research organization Graphite, which examined 65,000 English online articles published between 2020 and 2025, shows that the number of AI-generated articles first exceeded human-written articles in November 2024. By mid-2025, the proportion had risen to about 50%.

Xi LI
Xi LI

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What AI Generated Content Do We Actually Need?

Trip.com’s Landmark Fine: A Milestone in China’s Antitrust Enforcement?

Recently, Trip.com, a Mainland tourism platform giant, was fined RMB 5.179 billion by Chinese regulators for suspected profiting from its market dominance, becoming a hot topic of public debate.

Jing Li
Jing Li

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Trip.com’s Landmark Fine: A Milestone in China’s Antitrust Enforcement?

The Challenges and Potential of Bank-Issued Stablecoins

Since the Hong Kong Monetary Authority, with the local banking system as its anchor, granted the first batch of stablecoin issuer licences in April this year, expectations have been high for the banking sector’s participation in stablecoin issuance.

Xiang FANG
Xiang FANG

Yang LIU
Yang LIU

Haonan ZHOU
Haonan ZHOU

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The Challenges and Potential of Bank-Issued Stablecoins

Only the Market Can Unlock the Value of Data Assets

In 2026, Reddit’s data licensing agreement with Google, reportedly worth about US$60 million per year, is set to expire and come up for renewal. Together with a sister agreement signed with OpenAI around the same period, the two deals currently contribute roughly US$130 million in annualized data licensing revenue to Reddit.

Yan XIONG
Yan XIONG

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Only the Market Can Unlock the Value of Data Assets

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