Latest news with #technologycompanies
Bloomberg
20 hours ago
- Business
- Bloomberg
China Spotlight: Hong Kong's Tech Future & Strategic Investment Opportunities
Join us for the second installment of our exclusive China Spotlight webinar series, tailored for buyside professionals interested in the dynamic investment landscape of China. In this session, we'll analyze how the combination of high tariffs and loose monetary and fiscal policies could reshape the outlook for global growth, dollar liquidity, and asset allocation. We'll also explore how Asian economies, holding a significant long-dollar legacy position, can navigate these changes, and highlight the unique advantages of Hong Kong as a major financial center backed by RMB assets. This in-depth session will cover: The significant trend of over 42 A-share technology companies and their subsidiaries filing for secondary listings in Hong Kong The impact on Hong Kong's tech sector composition & which segments are poised for global competitiveness Whether the Hang Seng Tech Index can evolve into a growth benchmark comparable to the Nasdaq QQQ Hong Kong's position as a global and technology financial center Key highlights on Hong Kong's push for stablecoins Don't miss this opportunity to gain important insights into Hong Kong's strategic role in the global financial and technology markets. AI-generated subtitles will be provided in your preferred language. Speakers Kelvin Teo Senior Vice President, Head of Asia Global Issuer Services Hong Kong Exchanges and Clearing Limited (HKEX) Mr Kelvin Teo joined HKEX as Senior Vice President, Head of Asia, Global Issuer Services in February 2025. Prior to joining HKEX, Mr. Teo served as the Head of Equity Capital Markets for Asia Pacific at Barclays, leading the rebuild of the cash equities origination business across both public and private equity. Kelvin brings along more than 20 years of capital markets experience across investment banking and private banking. Prior to Barclays, he also held positions at Credit Suisse, JPMorgan, Macquarie, and Bank of Singapore, working across Hong Kong, Singapore, and Sydney (Australia). Mr. Teo holds a Bachelor of Accountancy (Hons.) from Nanyang Technological University, Singapore. Eva Yi Chief Economist Huatai Financial Degrees in Economics and Fine Arts from Mount Holyoke College (Massachusetts, US). Eva YI has worked in the securities industry for over 19 years, with working experience at CICC, Goldman Sachs, and private equity funds. She served as Chief China Economist, Head of Economics Team and Managing Director at CICC during March 2015- September 2020. Eva YI served as China & Asia Economist at Goldman Sachs (Asia) during 2004-2009 after working at the Federal Reserve Bank of Boston. During 2009-2013, Ms. YI served as Chief Economist and Strategist at Keywise Capital Management in Hong Kong SAR. In early 2013, Ms. YI launched Calabas Capital Ltd. and served as portfolio manager in 2013-2015. Ms. YI specializes in economy and prices of asset classes in China and beyond, and conducts research in an easy-to-understand and market-oriented manner, with a focus on systematic economic fundamentals and variable forecasts. Ms. YI came as one of the top-ranked China Economists at the Institutional Investor China Poll during 2017-2022. Leping Huang Chief Analyst for Global Tech Strategy Huatai Financial PhD in Information & Communication Engineering from University of Tokyo , Bachelor's degree in Electronic Engineering from Shanghai Jiao Tong University. Global Tech Strategy QI Tengyuan CHEN Xudong YU Keyi LIU Jun joined Huatai Research in 2023. He began researching new energy, utilities and electrical equipment in 2009, with 12/2 years of sell/buy-side experience. Mr. LIU joined CICC in 2017 as the Chief Analyst for Utilities and New Energy before working at PinPOINT. Mr. LIU specializes in analyzing energy transformation-related industrial trends, forward-looking technologies and policy changes, as well as mediumand-long-term issues like the evolution of global industry landscape. SHI Jinfeng joined Huatai Securities in February 2024, specializing in economic policies, industrial policies, and public policy analysis. Mr. SHI worked at Credit Suisse during 2014-2023, with a focus on economic and market strategy research. He came third in All-Asia Best Sell-Side Analyst Poll for Equity Strategy organized by Institutional Investor in 2023. HUANG Leiping specializes in semiconductors, mobile phone industry chain, telecommunications, and cloud computing, as well as cutting-edge technologies such as AI, autonomous driving, blockchain, digital currencies, commercial space exploration, satellite internet, brain-computer interface, and quantum computing. He once worked at Nokia, Nomura, and CICC. Sharnie Wong Senior Analyst, Diversified Financials Bloomberg Intelligence Sharnie Wong is a Senior Research Analyst for Bloomberg Intelligence specializing in the diversified financials sector including brokers, exchanges and asset managers across the Asia Pacific region. Prior to joining Bloomberg, she spent a decade as a sell-side equities research analyst with global investment banks including Barclays and RBS/ABN AMRO covering banks in Asia. She started her career with PricewaterhouseCoopers in Sydney and is a Chartered Accountant (CA). Sharnie holds a Bachelor of Commerce degree from the University of New South Wales. Francis Chan Senior Analyst – APAC Banks & Fintech Bloomberg Intelligence Francis has been covering the Asian financial sector for more than 12 years, having held various senior analyst roles at both buy- and sell-side firms such as Bear Stearns, MF Global and Mirae Asset Management. Prior to joining Bloomberg Intelligence, he served as senior vice president of research for Chinese financials at ABCI Securities. At MF Global, Francis was head of Asian insurance research and previously served as vice president of banking and insurance research at Bear Stearns. Francis holds a Bachelor of Arts in Japanese Studies from the University of Hong Kong and a M.B.A. in Finance and Accounting from the McDonough School of Business at Georgetown University.
South China Morning Post
3 days ago
- Business
- South China Morning Post
China Renaissance founder Bao Fan ‘released' more than 2 years after sudden disappearance
Star investment banker Bao Fan – who helped introduce many of China's largest technology companies to the capital markets of Hong Kong and New York – has been set free, more than two years after he started 'cooperating' in an unspecified investigation launched by mainland authorities. Advertisement According to a report by Chinese financial media outlet Caixin, which cited multiple sources, the 54-year-old founder of China Renaissance Holdings 'has recently been released'. China Renaissance did not immediately respond to a request for comment. Advertisement China Renaissance stock closed up 16.84 per cent to HK$6.87 on Friday, about 21 per cent off its peak of HK$31.80 in February 2021.
Yahoo
30-07-2025
- Business
- Yahoo
YouTube adopts AI to spot underage viewers in US
YouTube, the video-sharing platform owned by Alphabet, is set to deploy AI to identify users in the US who are under 18 years old. The move comes amid increasing demands for technology companies to bolster online safety measures for children. In a blog post, YouTube announced that it plans to utilise AI technology to assess various signals such as longevity of the account, video searches, and preferred content categories, to estimate the age of its users. For those identified as under 18, the platform will automatically enforce standard protection measures designed for teenage accounts. "This will happen regardless of the birthdate you entered when creating your account. We'll then use that to extend age-appropriate product experiences and protections to more teens (like enabling digital well-being tools and only showing non-personalised ads)", the company stated in its blog. The initiative is set to commence on 13 August 2025 and will initially involve a limited group of users in the US. 'These protections for teens are not new - we now have enhanced technology to more accurately determine whether or not a user is under 18 and are now able to extend these protections to more teenagers. We've used this approach in other markets for some time, where it is working well and we are now gradually rolling it out to the US", the post added. This development aligns with the age verification laws passed in several US states and other countries, which mandate platforms to confirm users' ages to protect minors from inappropriate content. On YouTube, if the AI determines a user is under 18, the platform will activate safeguards such as privacy reminders and reduced recommendations of potentially problematic content. In scenarios where the AI inaccurately estimates a user's age, YouTube offers the option for users to verify their age through government ID, credit card, or by uploading a personal photograph. The video-sharing platform warned that some content creators might notice changes in their teenage audience demographics and potentially experience a decrease in ad revenue. However, it anticipates a "limited impact for most creators." This initiative follows YouTube CEO Neal Mohan's February announcement regarding the company's plans to expand the use of AI, including for age estimation. Additionally, creators will have access to AI features such as automatic dubbing between languages and tools to generate video titles or image thumbnails. YouTube said it intends to closely observe the AI-driven age estimation process before broadening its application, Bloomberg reported. "YouTube adopts AI to spot underage viewers in US" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
28-06-2025
- Business
- Forbes
U.S. - China Rare Earths Minerals Deal Can Be Upscaled Via G20
Samples of rare metals displayed in Sillamae, Estonia, where a company is building a new plant to ... More try and challenge China's grip on rare earth magnets, a vital component of electric vehicles. Photographer: Peter Kollanyi/Bloomberg The announcement of a deal between the United States and China on rare earth magnets for a range of technologies is a welcome reprieve for many technology companies and for the defense sector as well. Yet, this deal remains fragile in the context of capricious tariffs and a dysfunctional dispute resolution system within the World Trade Organization. What is now needed is to capitalize on the deal and use it as a confidence-building measure to establish a longer-term international agreement for managing critical minerals supply. In a recent paper, myself and a coalition of scholars from across a range of mineral producing and consuming countries have argued for a 'minerals trust' for the green transition. We also prepared an accompanying policy brief under the auspices of the United Nations University to provide specific policy recommendations ahead of the G7 meeting in Canada earlier this month. The G7 issued a communique on critical minerals on June 17th which was fairly broad in scope but most noteworthy was the fact that China was not singled out for constraining mineral supply. Furthermore, the communique explicitly mentioned the role of the more multilateral G20 organization in furthering aspirations for investment, particularly through the G20 Compact for Africa. China as well as Russia are of course members of the G20 along with other key mineral producers such as Indonesia, Saudi Arabia, Türkiye, Brazil and South Africa. It would be opportune to now move the conversations on minerals diplomacy to the G20 which will incidentally be chaired by the United States of America in 2026. A key intermediary step will be the planned critical minerals conference this September in Chicago which has been announced already at the G7 meetings. At this conference, there needs to be consensus reached on what are realistic targets for 'near-shoring' and diversification based on thigh quality ore bodies and economically feasible technologies. Mineral extraction sites are geologically determined and any policies that set targets for domestic production need to be predicated in geoscience. The challenge at present is that there are more than 400 national policies on critical minerals in various forms worldwide according to the International Energy Agency's policy tracking tool. Most of these policies are not aligned with geoscience or economics of extraction. Furthermore, they often neglect the prospects for a circular economy as well for minerals. The rare earths deal between the United States and China should be expanded to have a systems level approach towards building a minerals trust, particularly for those metals needed for the Green Transition. The trust would also provide opportunities to have stockpiles and source metals from recycled sources. Currently, less than 5% of rare earth magnets are recycled but this may soon change based on recent technologies that have been developed by Swiss Federal Institute of Technology in Zurich (ETH). Yet much of the infrastructure from which these magnets would be recycled is also in China. Ultimately, even with diversification efforts, China's role in sourcing rare earths from both primary and secondary source cannot be discounted and pursuing a cooperative approach is both ecologically and economically prudent.
Bloomberg
27-06-2025
- Business
- Bloomberg
Canada's Digital Services Tax Stays in Place Despite G-7 Deal
Canada is proceeding with its digital services tax on technology companies such as Meta Platforms Inc. despite a Group of Seven agreement that resulted in removing the Section 899 'revenge tax' proposal from US President Donald Trump's tax bill. The first payment for Canada's digital tax is still due Monday, the country's Finance Department confirmed, and covers revenue retroactively to 2022. The tax is 3% of the digital services revenue a firm makes from Canadian users above C$20 million ($14.6 million) in a calendar year.
