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.

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?

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.

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.

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.

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.

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.

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.