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Search Result for “financial services”

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PROPERTY

Chinese buyers benefited from Hong Kong's property curbs removal

South China Morning Post, Published on 26/03/2024

» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.

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GENERAL

China's ban on Australian lobsters has Asean members clawing way into market

South China Morning Post, Published on 24/01/2024

» Southeast Asian countries are fishing for more opportunities to get their lobsters onto Chinese plates, and analysts expect that the trend will not only intensify, but it will also become increasingly difficult to reverse the longer that Beijing's protracted ban on Australian rock lobsters remains in effect.

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GENERAL

Chinese fintech giant Ant Group unveils own AI large language model, along with new Web3 brand, in push to expand presence in financial sector

South China Morning Post, Published on 10/09/2023

» Ant Group has launched its own large language model (LLM) - the technology used to train chatbots like ChatGPT - and a new Web3 brand targeting Hong Kong and overseas markets, as the Chinese fintech giant boosts its capabilities in generative artificial intelligence (AI) for the financial services industry.

WORLD

Huawei's cloud unit opens new data centre in Riyadh as it turns to Saudi Arabia for new business amid resistance in West

South China Morning Post, Published on 05/09/2023

» Chinese tech giant Huawei Technologies is eyeing opportunities in Saudi Arabia with its first public cloud service in the Middle East, while it faces increasing geopolitical tensions in Western markets.

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BUSINESS

Spending patterns of super-rich show Asia is most expensive region

South China Morning Post, Published on 20/06/2023

» HONG KONG: Asia remains the costliest region in the world to live in, with Singapore taking the number one spot, followed by Shanghai and Hong Kong, according to Julius Baer's latest Global Wealth and Lifestyle report.

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PROPERTY

ChatGPT disrupts Asian property industry

South China Morning Post, Published on 10/06/2023

» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.

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BUSINESS

'Worst is over', Citi official says as bank looks to increase staff in Hong Kong

South China Morning Post, Published on 02/05/2023

» Citigroup, the biggest foreign lender in Hong Kong, will increase staff at its commercial banking unit in the city by 100 to tap growing opportunities in the Greater Bay Area, according to a senior executive.

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WORLD

Hong Kong spends $165,600 on YouTube video, but nets 4,000 views

South China Morning Post, Published on 12/04/2023

» A one-minute promotional video to mark the 25th anniversary of Hong Kong's return to Chinese rule has only racked up about 4,000 views on the Information Services Department's YouTube channel, despite authorities spending more than HK$1.3 million (US$165,600) to make the clip.

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BUSINESS

Chinese Foreign Minister Qin Gang assures US business leaders of Beijing's support

South China Morning Post, Published on 26/03/2023

» China remains committed to a "healthy, stable and constructive" relationship with the US amid still "chilly" bilateral ties, Chinese Foreign Minister Qin Gang told visiting American business leaders on Saturday.