The report describes the recent transformation of the financial services industry using artificial intelligence (AI) and big data (BD) technologies, and highlights the role of talent integrating these new technologies into the financial services industry’s core business functions. The report...

The first part of the report assesses the current status of AI adoption in the Hong Kong banking industry based on an industry-wide survey conducted by the HKMA, and the findings indicate that banks in Hong Kong have adopted AI in all key functional areas. Over 80% of participating banks view AI...

This applied research paper was written by Kai Li (Peking University HSBC Business School) and Tingyu Yu (The Hong Kong University of Science and Technology, Southern University of Science and Technology). We construct various measures of firm-level climate risk exposure by utilising two natural...