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Musk launches' Terafab 'chip plan: 20-25 billion yuan aimed at terawatt level computing power
Elon Musk has officially announced the launch of a super chip production plan codenamed "Terafab", jointly promoted by Tesla and SpaceX. The total investment scale is expected to be between 20 billion and 25 billion US dollars.
Technology
26 Mar 2026
H is about to reach its peak: the pressure of building supply is expected to ease
On March 23, the one month Hong Kong dollar interbank offered rate (HIBOR) linked to Hong Kong real estate was reported at 1.95107%, a daily decline of 0.07%, and a continuous decline for four trading days.
Real Estate
24 Mar 2026
The strong rise of the Hong Kong dollar! The exchange rate is improving, and purchasing power is soaring
The Hong Kong dollar exchange rate has continued to strengthen, demonstrating strong market resilience and purchasing power. The exchange rates of multiple popular tourist destinations have all improved against the Hong Kong dollar.
Tourism
17 Mar 2026
Google and Meta join forces to disrupt the global AI chip market landscape
Global AI industry competition adds another heavyweight news: tech giant Google and Meta have officially reached a multi billion dollar lease agreement for artificial intelligence chips. According to the agreement.
Technology
27 Feb 2026
OpenAI's latest funding round has raised over 100 billion dollars! Its valuation is aiming for 850 billion dollars!
On February 19th, multiple informed sources revealed that OpenAI, the developer of ChatGPT, is nearing the completion of the first phase of a new round of financing. The total amount of funding is expected to exceed $100 billion.
Technology
19 Feb 2026
Offshore RMB weakens against the trend, with a record high decline in the central parity rate!
Against the backdrop of the US dollar index hitting its biggest drop in over five months overnight and a sustained decline at the beginning of the Asian session, most Asian currencies have strengthened along the way.
Finance
26 Jan 2026
Add 1 billion dollars! OpenAI partners with SoftBank to bet on AI data centers!
Recently, OpenAI and SoftBank jointly announced a $1 billion investment in infrastructure company SB Energy (with each contributing $500 million) to help expand its AI data center business.
Finance
10 Jan 2026
The RMB is expected to see a strong appreciation in 2025, and a steady appreciation in 2026!
Recently, the onshore and offshore Renminbi (RMB) against the US dollar has been fluctuating around the 7.0 mark, showing a clear upward trend. In 2025, the RMB followed a curve of "initially suppressed and then rising".
Finance
04 Jan 2026
The heat of Hong Kong dollar pegged stablecoins is rising: multiple institutions are preparing to issue them!
Recently, several local banks and fintech companies have started preparations for the issuance of compliant Hong Kong dollar stablecoins. These stablecoins will be linked to the Hong Kong dollar in a 1:1 reserve ratio.
Web3
29 Dec 2025
Horse racing tourism has become Hong Kong's new ace! Jockey Club upgrades to attract customers with billions of dollars!
Hong Kong’s “event economy” gains fresh impetus! The latest hit is the local “horse racing tourism”. Answering the government’s call, the Hong Kong Jockey Club has invested over HK$10 billion to upgrade Sha Tin and Happy Valley racecourses.
Tourism
22 Dec 2025
Popular Hong Kong News
1
Hong Kong residential market in the first quarter of 2026: transaction volume increases by 18% year-on-year
2
Tesla announces launch of TERAFAB super chip factory!
3
5 must know taboos for Taiwan tourism! Don't step on these red lines
4
The rebound of the Hong Kong real estate market has driven short-term resale activity
5
Yingsi Intelligent's stock price surged 14.95% during the trading session
6
Multiple cost pressures combined with mainstream electric vehicle brands may collectively raise prices next month
7
China National Petroleum Corporation: Despite a slight decline in performance, it still distributes large dividends and gives back 45.76 billion yuan to shareholders
8
Three main themes in the web field by March 2026: AI native navigation, dual upgrade of performance and privacy
9
OpenAI raises $122 billion in funding! Valuation skyrockets to $852 billion
10
The automatic e-channel in Hong Kong will expand its scope from March 2nd!
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