Upholding the Spirit of Lion Rock: Supporting SMEs to Overcome Challenges In recent years, Hong Kong has faced significant economic...

Hong Kong —In today’s rapidly changing global economic environment, staying informed about market trends and accessing professional...

Explore the four major professional services FOFA provides to paid members. Help you take a big step forward in the field of financial...

Li Ka-shing, the renowned Hong Kong entrepreneur and philanthropist, enjoys a prestigious reputation in the global business world for his unique investment vision and extraordinary business wisdom. His success stems not only from diligence and hard work but also from his ability to transcend political and economic pressures, maintaining keen insight at all times to implement investment strategies that foresee the future and stay one step ahead. CK Infrastructure Holdings (CKI

Abstract With the rapid diffusion of Artificial Intelligence (AI) and automation technologies, and the hypothesis of mass unemployment, traditional social security systems centered on employment are facing structural challenges. Universal Basic Income (UBI)—conceptualized as an "unconditional, cash-based, and universal" system—has re-entered mainstream academic and policy discussions. This paper integrates the most influential empirical studies and official reports on UBI fro

Deconstructing the 2026 Budget Financial Secretary Paul Chan released the 2026 Budget, revealing that the Hong Kong government successfully turned a loss into a profit in its consolidated account this year, recording a surplus of $2.9 billion. However, economist Simon Lee (Li Siu-po) pointed out that if the amounts for bond issuance and repayment are excluded, the actual deficit reaches $100.4 billion, questioning whether the early surplus is merely an illusion. Issuing $970

On February 25, 2026, Financial Secretary Paul Chan delivered the 2026-2027 Budget , carrying a distinct theme: "I&T Driving, Financial Empowerment; Diversified Development, Caring for People." Public attention often focuses on the "sweeteners" (relief measures): the doubling of tax reduction ceilings for Salaries Tax and Profits Tax to $3,000, rates concessions for residential properties for two quarters (capped at $500 per household per quarter), and increased tax allowance

Introduction: Escaping the "Taiwan Disease"—The Ultimate Showdown from Semiconductor Riches to Asset Havens Before diving deep into the "Taiwan Disease," we must first acknowledge a significant trend: the number of High-Net-Worth Individuals (HNWIs) in Taiwan is climbing rapidly. This is primarily attributed to the global dominance of the semiconductor supply chain, led by TSMC, and the technological dividends driven by the AI wave. According to the Global Wealth Report 2024

By February 2026, global technological competition has entered the era of "Infrastructure Sovereignty."  Following the successful IPOs of Zhipu AI and MiniMax on the Hong Kong Stock Exchange, the remaining unlisted giants have become increasingly scarce and powerful. They are no longer merely "startups," but "Quasi-State Entities"  that deeply influence national security, economic sovereignty, and cultural export. I. The 2026 List of the Top 10 Most Valuable Unlisted Companie

In contemporary politics and financial markets, few figures are like Donald Trump—capable of simultaneously being a policymaker, the center of media traffic, and a "strategic variable" for traders. In recent years, two terms have gained traction within Wall Street and international opinion circles: TACO  and FAFO . These acronyms represent the sharpest and most realistic summaries of the Trump style. I. TACO: Not Mockery, But Market Experience TACO = "Trump Always Chickens Ou

Core Maxim:  The poor sell their time, the middle class invests in trends, while the future multi-billion-dollar titans "reshape the rules of survival." I. Wealth Logic: Shifting from "Labor Income" to "System Control" In the technological landscape of 2026, wealth no longer stems from diligence, but from your possession of "Survival Elements."  To master the wealth of the rich, your career or business must be built upon the following three "leverages": 1. Labor Leverage: Fro

Executive Summary In mid-January 2026, Australia’s major banks—led by the Commonwealth Bank of Australia (CBA)—significantly raised fixed mortgage rates based on expectations of persistent inflationary pressure and further interest rate hikes by the Reserve Bank of Australia (RBA). This move is viewed as a bellwether for the RBA’s rate decision meeting in February, signaling that upward pressure on rates will persist and directly impact household finances. Specific Movements

Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. Credit to : All-in Podcast (2026). All-in's 2026 Predictions. Youtube . As we enter 2026, the All-In Podcast —a top-tier global business and technology podcast—has released its highly anticipated annual predictions. Against a backdrop of robust U.S. GDP growth (the Atlanta Fed forecasts 5.4% growth for Q4

Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. 2026 marks the inaugural year of the "15th Five-Year Plan." This represents more than a mere numerical transition; it signifies the starting point of a drastic transformation in China's economy, shifting completely from "scale dividends" to a "revolution in system security, quality, and efficiency." I. Reg

Credit to : Peter H. Diamandis (2026). Elon Musk on AGI Timeline, US vs China, Job Markets, Clean Energy & Humanoid Robots | 220 . Youtube. We Are in the Midst of the Singularity In a recent deep-dive conversation on the Moonshots  podcast hosted by Peter Diamandis, Tesla and SpaceX founder Elon Musk engaged in a highly forward-looking dialogue. Musk stated bluntly, "We're in the singularity," describing the development of artificial intelligence (AI) and robotics as a "super

Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. As the first rays of sunlight in 2026 pierce through the smoke of geopolitics to illuminate this world, we must admit: the "Global Village" we were once familiar with has vanished. In its place stands a "New Three Kingdoms Era" —distinctly walled, resource-driven, and upheld by three super fortresses. Over

Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. Introduction: As time advances to 2026, we are startled to realize that the "Grey Rhino"—the politicized fragmentation of the global economic system that has long been panting in the distance—has charged right in front of us. Venezuela is no longer merely a tragedy of a Latin American nation; it is the epi

Foreword: When "Deep" Meets "Open," the World Splits into Two Cost Logics Standing at the end of 2025, the "China-US Power Comparison Chart" reveals the most hidden undercurrent of the global economy in 2026: China's newly added power generation capacity is nine times that of the United States. This implies that the global AI race in 2026 will present a peculiar dislocation: United States (Silicon Valley):  Possesses the strongest brains (algorithms) but is trapped by an expe

Introduction: The Collision of Two Parallel Universes Standing at the close of 2025 and looking back, the global financial system is undergoing a silent yet violent tectonic shift. On one side, the United States is attempting to "tokenize" dollar hegemony through the GENIUS Act , utilizing stablecoins to absorb massive amounts of national debt. On the other side, China is standing firm on its financial security baseline, erecting a "Digital Siege" to strictly prevent irregula

In the fluctuating cycles of global capital markets, strategic moves by major corporations—from HSBC’s potential privatization of Hang Seng Bank to rumors of Netflix bidding for premium assets from Warner Bros. Discovery (WBD)—do more than just impact stock prices. They serve as practical case studies for Family Offices regarding asset allocation and succession planning. This article explores the operational logic behind these cases and analyzes their reference value for fami