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Digital age

Digital age
The latest news, analysis and opinion on Digital age. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
Law

JPEX cryptocurrency scandal grips Hong Kong

Digital currencies

Binance set to launch crypto services in Middle East after licence wins

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Hong Kong property

Concrete Analysis | The digital revolution at the heart of Hong Kong’s property industry

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Banking & finance

Covid-19 distancing spurs Hong Kong’s embrace of digital banking

Registrations for a digital payments system developed by the Hong Kong Monetary Authority have crossed the 10 million milestone, suggesting that Covid-19 has hastened the city’s shift to digital banking services.

FPS gained about 6 million new registrations over a period of two years that coincided with Hong Kong’s worst outbreaks of the coronavirus. Photo: AFP
IPO

Hypebeast gets celebrity investors in U$353 million US SPAC merger

Hong Kong-listed Hypebeast, founded as a blog for sneaker enthusiasts, will merge with US SPAC Iron Spark in a deal valuing it at US$353 million.

Hong Kong media

South China Morning Post wins big at 2022 Digiday awards

The Post’s five major wins includes Best Facebook Watch Show and the Best Original Programming award, won by food and travel video brand Goldthread.

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Hong Kong property

Super-rich before 40: growing rank to boost digital ownership of property

The growing pool of young multimillionaires augurs well for digital ownership of property as investment preferences shift from the older generation, according to a Knight Frank survey.

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Properties along a rather busy street in metaverse conceptual reality. Photo: Shutterstock
NFTs

Antiques find new appeal with young, tech-savvy collectors thanks to NFTs

A growing number of art galleries and dealers are using the blockchain to mint NFTs for ancient artefacts, ushering in a group of tech-savvy millennial clients.

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China technology

China’s president outlines vision of digital economy with 5G and data

The Qiushi essay, similar to a speech he delivered via state media in October, offers a rare glimpse of the president’s own words on the current state and the future deployment of China’s technological pursuits.

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E-commerce

Hong Kong SMEs’ digitisation moves pay off during Covid-19 pandemic

Hong Kong’s SMEs have largely embraced digitisation, adapting to new consumer preferences shaped by the Covid-19 pandemic, according to a PayPal survey.

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Online shopping has taken off during the pandemic. Small businesses that have shifted their focus online have benefited immensely. Photo: Shutterstock
NFTs

Artists, cryptocurrency firms use NFTs for philanthropic causes

Creators and artists are leveraging NFTs and the blockchain to raise funds from digital collectibles, then donating part of the proceeds to charitable causes.

A visitor looks at NFT digital artworks at the Millon Belgique auction house, in Brussels on May 18, 2021. Photo: AFP
Foreign domestic workers in Hong Kong

Passport stickers to disappear as Hong Kong rolls out first phase of ‘e-visas’

City’s first digital visas will launch next Tuesday as part of wider plans to implement more efficient and hygienic online system.

Hong Kong property

Hong Kong tycoons buy in as virtual land sales become hot trend in tech world

In Hong Kong, where housing is scarce and property is deemed the most critical of investments, the interest around digital land sales is reaching a fever pitch.

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Banking & finance

New rules needed for DeFi lending risks, says crypto exchange Gemini

Gemini called for new regulations in the fast-growing, US$247 billion decentralised finance industry because traditional regulations do not provide adequate protection.

Gemini cryptocurrency exchange logo seen on a Samsung Galaxy S9 Plus. Gemini said traditional financial regulations are not equipped to protect investors in decentralised finance, so new rules are needed. Photo: Shutterstock
Digital Transformation

Hong Kong banks halt their digital embrace to cater to technophobes

Over the next six months, banks have to make sure they can serve customers who cannot or do not want to use online services, according to the new code of conduct.

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A new code of conduct for banks introduced on Friday makes sure Hong Kong’s elderly can easily access banking services. Photo: Winson Wong
China technology

Shanghai Data Exchange opens for business in digital trade push

Initial data products on offer include information from China Eastern Airlines, China Mobile, China Unicom and China Telecom.

Art

Damien Hirst on his 10,000 NFT art ‘experiment’ and Hong Kong show

The British artist, whose ‘His Own Worst Enemy’ show opens at White Cube Hong Kong on November 24, says he is drawn to the polarity his NFT series ‘The Currency’ is creating.

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Lunar: Newsletter

Hong Kong’s disco days, child labour setback and iconic Indomie

China’s Communist Party

Communist Party should not be overreliant on big data, academic says

A digital chasm exists between urban and rural party members, professor at East China University of Political Science and Law says.

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Banking & finance

Chinese banks cut branches as digital banking, cost pressure grows

Chinese lenders closed 1,300 branches in 2020, and the trend has continued into this year amid rising costs and growing mobile banking popularity

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When Artworks Click

Artist turns forgotten Hong Kong novels into new digital online experiences

Hung Keung’s ‘It All Begins With a Word’ animation and video project and other creative work feature on this month’s Vision Art Festival’s online platform, ReNew Vision

In partnership with:
Leisure and Cultural Services Department
New media artist Hung Keung’s ‘It All Begins With a Word’ project, which sees him transform forgotten works by renowned Hong Kong authors and poets into digital art, including animation and video, form’s part of this month’s New Vision Art Festival’s online platform, ReNew Vision.
Coronavirus pandemic: All stories

Judges can now hold hearings in Beijing’s tiny ‘virtual court cabins’

The internet court in the Chinese capital developed a Zoom-like system for remote hearings

These don’t look like they’re made for whole-day hearings. (Picture: Beijing Internet Court)
China society

Are people in China less honest than Americans and Europeans?

“Honesty” study ranks China lowest among 40 countries, but digital habits may have played a part

Aviation

You can finally play with your phone on a Chinese flight

No more watching out for flight attendants

Photo: Shutterstock
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