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04.06.26 - 01:00
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Why China′s tighter grip on outbound capital may test Hong Kong′s housing rebound (SCMP)
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Beijing's latest efforts to tighten oversight of cross-border capital flows have sparked concerns that a reduction in mainland demand for Hong Kong homes could impact the city's recovering property market.
The debate follows a series of measures unveiled in recent weeks, including tighter scrutiny of unauthorised offshore brokers and guidelines issued to crack down on illegal cross-border fund-transfer channels.
The move has fuelled fears that mainland residents could face greater hurdles in......
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03.06.26 - 15:06
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Hong Kong launches DeepSeek-based AI model designed to run on domestic chips (SCMP)
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The Hong Kong Generative AI Research and Development Centre (HKGAI) has officially launched a new DeepSeek-based large language model that can run on domestic chips, as the government-backed lab seeks to commercialise its products and export Chinese AI overseas.
The HKGAI-V3 model, built on DeepSeek V4, has achieved “significant improvements” in efficiency and agentic capabilities, the centre said on Wednesday.
The home-grown model delivered over tenfold improvement in the efficiency of token......
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03.06.26 - 09:15
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Aktien Asien: Japanische Börse erklimmt neue Hochs (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Ungeachtet neuer Gefechte zwischen den USA und dem Iran haben die asiatisch-pazifischen Aktienmärkte am Mittwoch mehrheitlich zugelegt. Der japanische Aktienmarkt kletterte dabei auf ein weiteres Rekordhoch. In ......
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03.06.26 - 06:54
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MÄRKTE ASIEN/Tokio sehr fest - Hongkong schwach (Dow Jones)
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Von Steffen Gosenheimer DOW JONES--Kräftige Kursgewinne in Tokio und ein deutliches Minus in Hongkong prägen das Kursbild am Mittwoch an den Börsen in Ostasien. An den anderen Plätzen der Region fallen die Bewegungen moderater aus, wobei grüne Vorzeichen ......
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02.06.26 - 14:06
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Hong Kong commits US$383m to university tech spin-offs in bid to be global innovation hub (SCMP)
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Hong Kong is stepping up its efforts to transform into a global tech hub, backing university-led commercialisation with a funding blitz spearheaded by the Hong Kong University of Science and Technology (HKUST).
Speaking at HKUST's annual Unicorn Day event on Tuesday, Secretary for Innovation, Technology and Industry Sun Dong said the government had committed over HK$3 billion (US$382.8 million) to 73 projects under the RAISe+ (Research, Academic and Industry Sectors One-plus) scheme.
Launched in......
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02.06.26 - 12:00
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Why Hong Kong is now the launch pad for mainland China′s AI champions (SCMP)
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Chinese artificial intelligence companies are upending a decades-old dual-listing practice of selling shares domestically first and then in Hong Kong, as they reverse the sequence to anchor market-based valuations from global investors and tap more sophisticated capital to support growth.
AI model developer MiniMax Group and peer Knowledge Atlas Technology, also known as Zhipu, spearheaded the new trend, saying they hired brokerages to prepare for mainland China stock offerings after completing......
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02.06.26 - 05:00
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Global Prosperity Summit 2026 maps out Hong Kong′s aerospace potential as city′s first astronaut takes flight (SCMP)
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As Hong Kong sent its first astronaut into space, leading industry experts at the Global Prosperity Summit 2026 (GPS 2026) said the city was well positioned to be a facilitator of aerospace development by tapping into emerging opportunities in the aerospace economy and contributing its professional services expertise to this burgeoning field.
Just days before it was announced that Hong Kong's Lai Ka-ying would join the Shenzhou-23 mission to China's Tiangong space station, experts who spoke at......
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01.06.26 - 13:36
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Closure of Hong Kong′s Casa Hotel tied to student-housing trend after failed sale attempts (SCMP)
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Casa Hotel, a boutique hotel in Hong Kong's Yau Ma Tei district, has ceased operations after nearly two decades, with market speculation suggesting the building has been leased to a student-housing operator after repeated attempts to sell it failed.
A notice posted outside the three-star hotel said the property officially closed on May 31, thanking customers for their support over the years. No reason for the closure was given.
The 162-room hotel occupies a 14-storey commercial-residential......
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01.06.26 - 08:30
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Hong Kong government′s venture fund eyes bigger bankroll after double-digit return (SCMP)
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The government's investment arm achieved a double-digit internal rate of return last year, greater than many newly established venture capital funds, according to its CEO.
“Many overseas funds have a J-curve performance, as they tend to suffer an initial loss before a gain,” said Clara Chan Ka-chai, CEO of Hong Kong Investment Corporation (HKIC). “But we have already bypassed the J-curve, as we have earned HK$2.3 billion [US$293 million] in 2024, while we have achieved a double-digit rate of......
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