UBS

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AI agents poised to replace humans as basic unit of a company, Lee Kai-fu says

Artificial intelligence agents are emerging as an instrument of transformation in the workforce, with the potential to replace humans in…

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New Business

Legal battle among ‘secret’ family of Wahaha founder exposes China’s wealth succession crisis

In the last few weeks of his life, Chinese soft drinks billionaire Zong Qinghou scrambled to sign wills and set…

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Chinese companies could start making money from AI agents next year, UBS says

Chinese companies could start making money from their artificial intelligence agents – software systems that use AI to autonomously plan…

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New Business

Hong Kong’s financial market booms, as stocks rally fuels sales of funds, bonds and others

Sales of non-listed investment products soared to a record last year in Hong Kong, as capital poured into mutual funds,…

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China to have 300,000 driverless taxis in 4 top-tier cities by 2030: UBS

China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by…

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JPMorgan, UBS are positive on Hutchison as ports sale assurance eases investors’ concern

Financial analysts said they were positive on the outlook for CK Hutchison Holdings after the conglomerate said its controversial ports…

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New Business

New normal: why Hong Kong’s commercial property deep-freeze is here to stay

In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is…

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Hong Kong’s booming wealth sector to lead hiring and office expansion, HKMA says

The strong growth of Hong Kong’s private banking and wealth management sectors will drive increased hiring and leasing of office…

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New Business

Can Hong Kong’s IPO boom plug the hole in the city’s floundering office market?

In the first instalment of our two-part series on Hong Kong’s beleaguered property market, industry players pin their hopes on…

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New Business

Trump’s copper tariffs fail to stop US metal being shipped to China

Aaron Forkash, a scrap metal dealer based in California, plans to continue exporting copper to Asia even after US President…

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