媒體報導

China has encountered its share of financial distress during its decades-long transition to a modern industrial economy, but regulators have used their considerable powers to repeatedly prevent catastrophe.

3月10日，作為美國在創科領域最重要的銀行，矽谷銀行在48小時內突然宣布破產，無疑是近年來震撼全球的金融事件。雖然因為美國聯邦再保險公司快速介入和美國政府托底，避免了危機向其他金融機構和實體經濟大規模蔓延，但已反映出聯邦儲備局（聯儲局）自2022年以來多輪加息對金融和經濟帶來的巨大衝擊。

Chinese companies that did business with SVB in the U.S. also have plenty of options as they join the rush to find a new bank. But SVB’s collapse may make firms think twice before relying on smaller, regional banks. “There is a shift going on,” says Zhiwu Chen, a finance professor at the University of Hong Kong. “Everyone I know has been moving money from small banks into big ones.” Chen says that some of the companies he advises are concerned about this transition, fearing that they may not get the sort of specialized or preferential service from large banks that they enjoyed with SVB.

"Confidence has been very much shattered," said Zhiwu Chen, a professor and chair of finance at the University of Hong Kong's business school. "The government's desire to have private equity and venture capital invest more is very much undermined," he added.

But other voices believe the cards are stacked against Hong Kong’s long-term revival and continued prosperity.“The Hong Kong government people try pretty hard, but they are going against headwinds,” says Zhiwu Chen,professor of finance and director of the Institute for Humanities and Social Sciences at the University of HongKong. “Recent changes have made it tough for mainland billionaires to set up their family offices in Hong Kong,”now under the ultimate jurisdiction of the Beijing authorities. “For that reason alone, Singapore has becomethe favourite destination for mainland billionaires.”

從新聞媒體到社交平台，從科技達人到在校學生，鋪天蓋地的話題都聚焦於ChatGPT。激動之餘，大家不禁開始擔憂，機器都能聊天了，還要人來做什麼？ChatGPT可以編寫程式，科技部門是不是要解散？ChatGPT可以寫文章，作家、編輯會否飯碗不保？ChatGPT看來無所不曉，那麼孩子還須上學麼？

Since CSRC and CBIRC had been categorised differently from government organizations in the past, the regulators had more discretion in setting salaries and employees typically received higher pay than public servants, said Zhiwu Chen, a professor of finance at the University of Hong Kong Business School. “With this new definition for their positions, some of them may have to accept a pay cut of 50% or more. They will not be happy,” he said.

上周末，幾位朋友談起文壇現狀，大嘆香港連失健筆，人才凋零。去年年中倪匡仙逝，年底走了西西，今年年初劉紹銘過身；加上老病的、封筆的、歸隱的、出走的，昔日風流，盡被雨打風吹去。

俄烏戰爭已持續一整年。戰爭開始時，很多人預期俄羅斯可以在短期內達到其軍事目的，但這卻是高估了俄軍的戰鬥力和低估了烏軍的士氣。目前看來，雙方都沒有致勝的把握，亦無認真和談的意願，難以預測戰事還要維持多久。