MARKET TRENDS

As the economies of the nine mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) have continued to expand, consumer confidence has remained at a high level. The survey also found that consumers in the nine mainland GBA cities currently spend 28% of their monthly personal income on daily living expenses, 19% on wealth management and 18% on savings. More

Founded in Hong Kong and Shenzhen in 2016, SpeechX Limited specialises in applying artificial intelligence (AI) to the field of language education, offering solutions on pronunciation, evaluation and correction. Dr Zhong Jinghua, co-founder of SpeechX, spoke to HKTDC Research about the company’s experience in preparing the products of its Hong Kong R&D for the mainland China market. More

As arguably the world’s most famous football club, with global stars such as Lionel Messi among its ranks, FC Barcelona has no problem with brand recognition. But while the historic club is known the planet over for its sporting prowess and community values, it knows that in today's world, money matters. Barca’s business managers hope a successful Greater Bay Area (GBA) initiative can help drive off-field revenues and fund continued success on the pitch. More

Regulations to comprehensively implement the Foreign Investment Risk Review Modernization Act (FIRRMA), which broadened the authorities of the Committee on Foreign Investment in the US (CFIUS) to better address national security concerns arising from some types of investments and real estate transactions, became effective on 13 February 2020 – a development having a profound impact on foreign investment in the US which Hong Kong companies should take heed of. More