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When Tariff Barriers Land in Court—a US$100-Billion Lesson in Constitutional Law

On 20 February 2026, the US Supreme Court, in a 6–3 decision, issued a landmark ruling in Learning Resources, Inc. v. Trump: The President is not authorized under the International Emergency Economic Powers Act (IEEPA) to unilaterally impose tariffs.

Yifei ZHANG
Yifei ZHANG

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When Tariff Barriers Land in Court—a US$100-Billion Lesson in Constitutional Law

In Pursuit of “Responsible Alpha”: Balancing GenAI Innovation and Financial Regulation

If, in the future, the AI agents of various funds in Central, Hong Kong can finish reading central bank statements, earnings call transcripts, and global news within the same second, and make similar directional trading decisions accordingly, will the market become more efficient or more vulnerable?

Jinghan MENG
Jinghan MENG

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In Pursuit of “Responsible Alpha”: Balancing GenAI Innovation and Financial Regulation

AI Shopping Agents: Reshaping the Power Dynamics of Mobile Internet

In late 2025, “AI shopping for you” began shifting from concept to reality. AI shopping agents started taking over tasks like searching, comparing prices, and completing purchases. As these agents render platforms invisible to end users, platforms risk losing brand value, user loyalty, and data control. A quiet battle is now underway for control of the consumer gateway.

Weiming Zhu
Weiming Zhu

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AI Shopping Agents: Reshaping the Power Dynamics of Mobile Internet

One Year on: a Review of Trump’s Reciprocal Tariffs

Tomorrow marks the first anniversary of the reciprocal tariff war initiated by Donald Trump against the world. On 2 April 2025, he swaggeringly announced in the White House Rose Garden that the day was America’s “Liberation Day”, claiming that after the US had been ripped off by other countries through trade over the years, it was time for the country to strike back with reciprocal tariffs.

Y. F. Luk
Y. F. Luk

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One Year on: a Review of Trump’s Reciprocal Tariffs

The One-Person Company in the Age of AI: Opportunity, Commoditisation, and the Moat

2025 has been dubbed the “Year of the AI Agent” by the industry. AI is evolving from a mere supportive tool into an autonomous “Virtual Partner.” Tasks that previously required team collaboration—such as coding, design, and copywriting—can now be orchestrated and completed by a founder through a suite of AI Agents.

Yifei ZHANG
Yifei ZHANG

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The One-Person Company in the Age of AI: Opportunity, Commoditisation, and the Moat

Neon Lights are Off; Night King is On

Night King, a Lunar New Year film that opened in Hong Kong on 17 February 2026—the first day of the Chinese New Year (CNY)—achieved strong popularity and financial success within just a month. With over $90 million in local box-office takings alone, the film became not only the opening box-office champion among CNY films in Hong Kong history but also the fifth highest-grossing Hong Kong-produced film.

Tingting FAN
Tingting FAN

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Neon Lights are Off; Night King is On

Beyond Efficiency: Toward Human-Centred Generative AI

The past few years have seen what can almost be described as the meteoric rise of generative artificial intelligence (AI). From writing, design, application development to customer service, marketing, financial analysis, and medical assistance, more and more companies have introduced generative AI into at least one part of their operations.

Yulin FANG
Yulin FANG

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Beyond Efficiency: Toward Human-Centred Generative AI

Global Growth: Stuck in Low Gear

Global growth is stuck in low gear. Just as a car stuck in low gear can only reach a fraction of its potential speed, the global economy is failing to find its former momentum.

Steven Alan BARNETT
Steven Alan BARNETT

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Global Growth: Stuck in Low Gear

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