In the Media

With Hongkongers flocking north to shop, how can Hong Kong’s heritage brands survive? Speaking to Mediacorp’s Focus, Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, says that Hong Kong’s surging labour costs have left traditional craftsman very limited room for profit.

Since the Hong Kong Monetary Authority, with the local banking system as its anchor, granted the first batch of stablecoin issuer licences in April this year, expectations have been high for the banking sector’s participation in stablecoin issuance.

Chinese memory chipmaker CXMT is set to make a historic debut in Shanghai market after raising nearly $10 billion in its IPO. Meanwhile, several of China's leading AI companies, already listed in Hong Kong, are planning secondary listings in Shanghai.

Around 70% of offshore bond issuance by Chinese Mainland enterprises takes place in Hong Kong. With the People’s Bank of China lifting the annual net investment quota for Southbound Bond Connect from RMB500 billion to RMB800 billion, Dr. Yifei Zhang of HKU Business School tells Xinhuanet that the previous quota had long been tight — and the increase is a timely response to market demand.

Recently, in an MBA Capstone course, a student team studied Braillic, a Hong Kong medical technology startup. Founded in 2022, the company has developed the ArNav surgical navigation system, which integrates augmented reality (AR), artificial intelligence (AI), and computer vision technologies.

In an interview with South China Morning Post SCMP, Prof. Michael Chau of the HKU Business School said that there is currently insufficient evidence to prove if Kimi K3 was distilled from Anthropic’s Claude Fable 5.

In an interview with China Daily, Dr. Yifei Zhang of the HKU Business School said some permitted restaurants have benefited noticeably, with some reporting a 20–25% rise in business. He estimated the scheme brings in HK$500 million to HK$1 billion in extra annual revenue, despite covering only about 5–6% of Hong Kong’s licensed restaurants.

A new study co-authored by Prof. Theresa Kwon, Assistant Professor of Marketing at HKU Business School, helps explain why clutter lingers in shared homes. Writing in a recent Vox feature, Prof. Kwon and Prof. Peggy Liu of the University of Pittsburgh show that while people are quick to make buying decisions on their own, they often hesitate to let go of things without checking in with their partner first.

In 2026, Reddit’s data licensing agreement with Google, reportedly worth about US$60 million per year, is set to expire and come up for renewal. Together with a sister agreement signed with OpenAI around the same period, the two deals currently contribute roughly US$130 million in annualized data licensing revenue to Reddit.