Sitting in an office at the foot of Lung Fu Shan, the view from the window is of the lush greenery of Pok Fu Lam, with the shimmering waters of Victoria Harbour faintly visible in the distance. This is where academia and finance converge in Hong Kong, and it offers one of the best vantage points for observing the city’s economic pulse.

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From major media reports and widely shared posts on social platforms, it is evident that Japan has recently been plagued by unprecedented intrusion from bears on the prowl. Brown bears and Asian black bears have been breaking into densely populated areas at a record-high frequency, even venturing into airport aprons, forcing temporary closures of airports. As of the end of October, more than 170 people have been attacked by bears, resulting in a dozen dead.
Hong Kong was once famed worldwide as a “Shopping Paradise,” with retail serving as a key pillar of its economy. From cutting-edge electronics to international luxury goods, the city attracted consumers from around the globe on the strength of its reputation for quality and exchange-rate advantages. Today, the rise of mainland E-Commerce platforms is profoundly reshaping Hong Kong’s commercial ecosystem.
The recent controversy involving the awarding of a contract to provide bottled drinking water to the SAR Government offices has quickly snowballed. What began as misgivings among civil servants has escalated to a major social incident, casting doubt on the use of public funds, procurement, the regulatory system, and even the Government’s credibility.
Amid the vicissitudes of global financial markets in recent years, Bitcoin, with its roller-coaster-like price fluctuations, has been keenly pursued by investors seeking high returns. However, in the vast digital ocean, most companies and investors are in search of a safe haven for their investments rather than the excitement of risk-taking.
In April 2025, global financial markets experienced an unprecedented credit crisis, with the yield on the 10-year U.S. Treasury skyrocketing to 4.5%, marking the largest weekly increase since 2001. What are the reasons behind this crisis? Is the tariff policy of the Trump administration a catalyst for market turmoil? Will the U.S. Treasury market successfully navigate through this crisis?
As competition in artificial intelligence (AI) development between the US and China heats up, DeepSeek R1 recently emerged as a serious contender. Challenging OpenAI with DeepSeek’s innovative algorithms and open-source strategy, the Chinese counterpart offers OpenAI’s GPT-4 performance at just 5% of the cost.
What's the carbon footprint cost of AI to our planet? The cost is heavy. It's estimated that the training process of ChatGPT-4 has led to over 1,000 tons of CO² emissions. By 2030, it is projected that the AI industry will account for 3.5% of global carbon emissions.
What's the carbon footprint cost of AI to our planet? The cost is heavy. It's estimated that the training process of ChatGPT-4 has led to over 1,000 tons of CO² emissions. By 2030, it is projected that the AI industry will account for 3.5% of global carbon emissions.




