The HKSAR government is committed to developing the city into a multinational supply chain management centre to become a “super-connector”, bridging the Mainland enterprises and international market. Compared to other port cities in Asia, Hong Kong has significant competitive edges in the following three aspects: Firstly, Hong Kong is experienced in trade financing which provides diverse options, and we have a sound legal framework; Secondly, the city has well-developed professional services in legal, accounting, maritime and other related industries; Thirdly, we have high quality talents with international exposure and multilingual capabilities.

What are the links between biodiversity and capital market investments? Over half of the global economy depends on nature. Protecting biodiversity can create new investment opportunities.

Will the US-China trade war further hinder global development? In May, the U.S. government announced raising tariffs on US$18 billion worth of Chinese imports, escalating the trade war. This follows the previous administration’s “America First” approach, using tariffs as a main trade tactic.

Have you watched “Twilight of the Warriors: Walled In” yet? This local action movie, released earlier this month, ranks second in the box office among Chinese movies in Hong Kong’s film history. Starting as a novel, it was turned into a comic series, then later adapted into a film. The commercial value of this creative franchise continues to rise, thanks to the business model of intellectual property (IP).

Are “green products” necessarily environmentally friendly? Not really. Since going green is beneficial to the brand and its profit, some companies will exaggerate the environmental protection effects of their products or services by providing false information to mislead the public. This is known as “greenwashing”.

Before the pandemic, Hong Kong’s tourist attractions were bustling with visitors. Post-pandemic, while many local residents flock north for holidays, there are not many tourists coming to Hong Kong. In 2024 Q1, the number of tourists visiting Hong Kong was 11.23 million, only 60% of the same period in 2019. What can the tourism industry do to draw visitors back?

The norm of ‘going north’ distresses local businesses. Yet, the author believes limited long-term impact on Hong Kong’s economy. The development of local service industry actually is more correlated with the city’s ability to grow its future economy and sustain long-term global competitiveness.

When will rate-hiking cycle end? The US Federal Reserve has just announced that it will keep the current interest rate unchanged, which has been at a 23-year high for the sixth straight meeting. An interest rate cut is expected to occur later than originally anticipated. What determines whether interest rates are raised or lowered? The goal of the Fed’s monetary policy is commonly known as the dual mandate – pursuing maximum employment while maintaining price stability. This is mainly achieved through controlling inflation.