AI BOOM LIFTS HONG KONG SHARE SALES TO 5-YEAR PEAK
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Hong Kong share sales reached a five-year high in the first half of 2026, driven by investor appetite for artificial intelligence-related opportunities despite market headwinds and regulatory challenges.
■ MORE FROM THE BUSINESS DESK
Treasury Secretary Scott Bessent's bond buyback strategy is reshaping market positioning ahead of Nvidia's earnings, while bond investors question Fed Chair Kevin Warsh's rate trajectory.
AI datacentres are sparking widespread opposition across communities, with residents citing noise pollution, environmental damage, and profits funnelling to US tech firms. East London residents are currently fighting government-backed plans for a 5,200-square-metre facility on Brick Lane.
Ajit Manocha, CEO of the Semiconductor Industry Association, addressed the outlook for memory chip pricing and the semiconductor market's extended growth cycle at SEMICON Taiwan.
BT's aging copper infrastructure could fetch over $2 billion if repurposed as scrap metal. The telecoms giant's legacy landline network is finding a second life as demand for recycled copper surges.