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Since its launch of ChatGPT in 2022, OpenAI, the US-based company, has maintained dominant leadership in the generative artificial intelligence (Generative AI) market. The field of AI innovation has long become a fiercely contested battleground, with the United States restricting China's development in this area by banning exports of high-end chips and blocking Chinese users from accessing ChatGPT—prompting Hong Kong users to rely on Virtual Private Networks (VPNs) for access. In 2024, however, a Chinese startup introduced the DeepSeek generative AI model, dramatically shifting the landscape and directly challenging ChatGPT's throne as the industry leader.

Hong Kong is facing with a persistent fiscal deficit, with projections suggesting a staggering shortfall of HK$94.8 billion for the 2024–25 fiscal year. Financial reserves are expected to drop to HK$639.8 billion, largely due to a sluggish real estate market that has significantly reduced land sale revenues. Meanwhile, public spending continues to rise, particularly in healthcare, social welfare, and civil service salaries. To address these challenges, the government has turned to silver and green bonds as a solution for managing the funding issue and the deficit.

Did you know that blaming others can be just as contagious as a cold? Psychological research has shown that when participants read about political failures, they are more likely to blame others, especially if they see politicians attributing their failures to outside interests. Similarly, when management easily blames employees, it sets a precedent, leading to a culture of blame within the organisation.

Did you know that blaming others can be just as contagious as a cold? Psychological research has shown that when participants read about political failures, they are more likely to blame others, especially if they see politicians attributing their failures to outside interests. Similarly, when management easily blames employees, it sets a precedent, leading to a culture of blame within the organisation.

Will generative artificial intelligence (AI) become the next technology bubble? Or is it simply a short-term market adjustment? The rapid development of AI has attracted significant investment, yet many experts are raising alarms about a potential dotcom bubble. Some argue that AI companies are overvalued, with limited actual gains, urging investors to adopt a rational and objective approach to the sector's development.

Will generative artificial intelligence (AI) become the next technology bubble? Or is it simply a short-term market adjustment? The rapid development of AI has attracted significant investment, yet many experts are raising alarms about a potential dotcom bubble. Some argue that AI companies are overvalued, with limited actual gains, urging investors to adopt a rational and objective approach to the sector's development.

Over the past 5 years, the US government's fiscal deficit has persistently exceeded $1 trillion, positioning the country among global leaders in debt levels. Economists and international institutions are concerned that the government's fiscal deficit has consistently exceeded 3% of GDP. Currently, US public debt stands close to 100% of GDP, projected to rise to 116% by 2034, posing a significant burden on the country's long-term economic development.

Over the past 5 years, the US government's fiscal deficit has persistently exceeded $1 trillion, positioning the country among global leaders in debt levels. Economists and international institutions are concerned that the government's fiscal deficit has consistently exceeded 3% of GDP. Currently, US public debt stands close to 100% of GDP, projected to rise to 116% by 2034, posing a significant burden on the country's long-term economic development.

The World Economic Forum has identified misinformation and disinformation as the most significant short-term risks faced by the global community. Another research report suggests that the financial impact of fake news results in a $39 billion loss in the stock market annually.