An influx of listings with weak financial underpinnings would drive away the investors who sought refuge in the city’s stable markets.
The measure shows the central government sees finance as a support mechanism for the real economy, not a stand-alone profit centre.
A spirit of adventure – from small businesses to the government wealth fund – is crucial as Hong Kong faces rapid changes and challenges.
Rather than being out to undermine economies around the world, China’s economic policy is based on foresight, efficiency and commitment to scale. Decoupling would not only disrupt supply chains but increase the cost of the global energy transition amid our ongoing climate struggle.
This year more than ever, the integrity of votes and public trust are under siege by invisible algorithms and cyber spectres. We must create a framework which deepens democratic engagement, enhances transparency and fortifies integrity without sacrificing privacy and security.
After the dotcom bubble burst, a glut of infrastructure looked like a mistake, but it laid the foundation for the internet’s eventual growth. Today’s AI investments may lower the cost of computing power and provide the basis for future breakthroughs, even if they precede a market correction.
As the dominant AI power, the US should understand that its latest salvo in the tech war risks undermining technological advances that depend on collaboration as much as competition.
Brands like Lee Kum Kee and Chow Tai Fuk reflect the city’s ability to create products that resonate on a global scale. Today, as a new breed of companies take on the challenge of appealing both locally and to customers around the world, they need a supportive ecosystem.