Financial Secretary Paul Chan has vowed to beef up efforts in promoting Hong Kong to the rest of the world, saying some of those attending the World Economic Forum in Davos have signaled their intention to set up shop in the SAR.

The head of the government's investment promotion agency on Sunday (Jan.26) said her office will focus on bringing in non-local companies that can "create a larger financial impact" in Hong Kong.

​The Financial Secretary, Mr Paul Chan, continued his activities at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, yesterday (Jan. 21, Davos time).

On January 20th, Eastern Time, Trump is set to officially take office as the 47th President of the United States. How will "Trump 2.0" impact the global economy, and how will the capital market evolve? What direction will China-U.S. relations take in the future?

The potential shutdown of TikTok in the United States could devastate approximately 7 million small and medium-sized businesses (SMEs) that rely on the platform for marketing, advertising, and sales. A recent report from the U.K. highlights that U.S. SMEs alone could face losses exceeding $1 billion (approximately HK$7.8 billion) in revenue if the platform is banned. Additionally, nearly 2 million creators may lose up to $300 million (approximately HK$2.34 billion) in income. TikTok itself is projected to experience a 29% drop in global advertising revenue by 2025.

On Jan. 18, US President-elect Donald Trump announced the launch of his personal cryptocurrency, a meme coin named TRUMP, through a post on his social media account. The $TRUMP meme coin was met with explosive enthusiasm upon its listing. Huobi listed the token at 5:40 p.m., and its price skyrocketed by 1250% shortly after. According to CoinGecko, $TRUMP's market capitalization surged to $4 billion, making it the fourth-largest meme coin globally, behind DOGE, SHIB, and PEPE1.

The International Monetary Fund has revised China's growth projections up to 4.6 percent for 2025 and to 4.5 percent for 2026, citing last year's performance and an expected rise in economic activity after an anticipated easing of global trade policy uncertainty.

2024 was a remarkable year for cryptocurrencies, with Bitcoin, the world's largest digital asset, surging over 120% and surpassing the $100,000 mark. Since the beginning of 2025, spot Bitcoin and Ethereum ETFs have attracted a cumulative of $1.75 billion in funds. However, for most investors, aside from wishing for a time machine to go back and invest in Bitcoin, their understanding of various concepts in the virtual asset space, such as blockchain, Web3, and decentralized finance (commonly known as DeFi), remains limited.

On Jan. 13, Pan Gongsheng, Governor of the People's Bank of China (PBC), explained the recent depreciation of Renminbi (RMB) at the 18th Asian Financial Forum. He said that recently, the US dollar index stood high, non-US currencies generally depreciated, and the RMB depreciated against the US dollar, but overall showed stronger resilience.

The Hong Kong SAR Government and the Hong Kong Trade Development Council are co-hosting the 18th Asian Financial Forum (AFF) today and tomorrow (Jan. 13 and 14) at the Hong Kong Convention and Exhibition Centre.f

China's small and medium-sized enterprises (SMEs) saw improved business performances between October and December 2024, according to a report from the China Association of Small and Medium Enterprises released on Sunday (Jan. 12).

The head of the Hong Kong Monetary Authority has predicted that 2025 will be a year marked by uncertainties and many changes, while the SAR will be affected by policies set to be introduced by incoming US President Donald Trump.

As an international financial center, Hong Kong's economic development is always affected by both internal and external environments. On today's New Year special program, we delve into Hong Kong's 2025 prospects to discuss the opportunities and challenges that lie ahead.

CATL has unveiled two types of standard swappable batteries and jointly launched such power charging ecology with almost 100 partners, according to the Science and Technology Daily on Tuesday (Dec. 31).

OpenAI on Friday (Dec. 27) outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.