AGP Executive Report
Last update: 8 hours agoBeijing-Hong Kong Investment: Companies signed 47 cooperation agreements worth up to US$7.48 billion, spanning technology services, biopharmaceuticals, commercial aerospace and tourism. Chief Executive John Lee said the partnership will support innovation and help Beijing firms expand overseas. Insurance and AI: Hong Kong’s Insurance Authority is preparing an AI governance framework and has helped insurers develop more than 800 AI use cases, with climate risk among the potential applications. Crypto Rules: The new reporting law requires digital-asset providers to collect customer and transaction details from 2027, with information sharing between tax authorities set to begin in 2028. AI Investment: At Hong Kong’s Global Financial Leaders’ Investment Summit, investors urged the industry to show returns from AI spending, pointing to opportunities in manufacturing, healthcare and services.
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