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24.03.26 - 05:42
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From infrastructure to AI: how Alibaba Cloud powers the global ambitions of Chinese companies (SCMP)
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New technology is transforming international trade and, with the help of the cloud and artificial intelligence (AI), Chinese firms are increasingly well placed to compete globally.
“For Chinese companies going overseas, the requirement has evolved from just providing infrastructure to infrastructure plus AI technology,” says Han Hongyuan, vice-president of Alibaba Cloud Intelligence Group. “They also want to use AI to support their business in overseas markets.
“Even before the AI wave, they......
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23.03.26 - 00:36
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Potential rate cut pause, geopolitical tensions may cloud Hong Kong property recovery (SCMP)
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Hongkonger Katie Chan was hoping to buy a flat to live in, and although the 37-year-old accountant was in no rush, the potential longer pause in interest rate cuts could delay her decision.
For Chan, the ideal mortgage would be if the one-month Hong Kong interbank offered rate (Hibor) fell below 1.95 per cent, but this year the key driver for local mortgage costs and corporate borrowing rates had only dropped to as low as 2.02 per cent, according to data tracked by the Hong Kong Association of......
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