In the Media

China's 15th National Games wrapped up with a closing ceremony held in Shenzhen, Guangdong Province on Friday evening after more than two weeks of competition. Held all across the Greater Bay Area, the sporting event attracted thousands of visitors. CGTN reporter Zheng Songwu met local residents and guests in Hong Kong Special Administrative Region to hear their impressions.

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.

In an article published by Bloomberg’s Newsletter, Prof. Heiwai Tang, Associate Vice-President of The University of Hong Kong and Associate Dean of HKU Business School, was interviewed about his thoughts on Hong Kong’s potential to become a global hub for higher education. “We have always been a university city,” he said, adding that what’s perhaps different now is that the ingredients are in place to catapult the city into the top tiers of higher education worldwide.

Automation and artificial intelligence (AI) are upending the traditional international trade landscape, giving developed countries endogenous comparative advantages in industries that were once intensive in low-skilled labor, thereby reversing the traditional advantages of developing countries. According to the latest trends in 2025, this shift has accelerated the restructuring of global supply chains and has exacerbated trade inequality.

In this column last week, we analysed the advantages of captive insurance companies in risk management and cost control. However, not all companies are suited to establishing their own captive insurers. What does it take for companies to achieve the intended risk-diversification objectives while avoiding the creation of new sources of risk?

Prof. Haonan ZHOU, Assistant Professor of Finance at HKU Business School, shared his views in a recent Financial Times article. Combing through three decades of syndicated loan market data across more than 100 countries, he found that when a borrower’s home country experiences a financial crisis, non-bank lenders cut their lending by about 20% more than banks do.

Nowadays, enterprises frequently face a dilemma in risk management and insurance. On the one hand, they are exposed to increasingly complex and numerous risks, from natural disasters and environmental liabilities to cybersecurity threats and supply-chain disruptions, which pose a constant threat to business operations and financial stability.

In Hong Kong, a densely populated international metropolis, the red, green, and blue taxis flowing through the streets once symbolized the city's vitality. However, in recent years, issues such as inconsistent taxi service quality, an aging driver demographic, and frequent instances of refusal to pick up passengers or taking circuitous routes have become increasingly prominent, prompting society to re-examine the sustainability of traditional travel modes.

Following the proposal in February 2025 by its Japanese parent company Toridoll Holdings to privatize Tam Jai International, which had been listed in Hong Kong for less than three and a half years, HSBC Holdings announced in September 2025 its plan to privatize the 1933-founded Hang Seng Bank.