In today’s fast-paced world, professionals across all industries are seeking innovative ways to enhance efficiency and deliver better results. The legal profession is no exception. As we’ve previously discussed, artificial intelligence (AI) has revolutionized the audit profession by improving accuracy and fraud detection. Now, let’s turn our attention to another field that is ripe for […]
Riding the AI Wave: Unleashing the Future of Auditing
The world of auditing is experiencing disruption through artificial intelligence (AI), which offers numerous applications to enhance efficiency, accuracy, and fraud detection while analyzing vast amounts of financial data. The following are some potential areas of application. 1. AI-Powered Risk Assessment and Data Analytics AI’s ability to analyze vast amounts of data allows auditors to […]
Navigating the AI Revolution in Finance: Embracing Opportunities and Mitigating Risks
The rapid development of AI technologies like ChatGPT has both excited and concerned the financial sector. While major players like Bloomberg and Goldman Sachs are exploring AI’s potential to enhance productivity and efficiency, others like JPMorgan Chase and Bank of America have raised concerns about the risks associated with its use. In this article, we […]
The High Stakes of Investing in Biotech Companies Listed Under Ch18A: A Closer Look at Performance and Risks
📈 Since 2018, 56 biotech companies have been listed on the Hong Kong stock exchange through the Ch18A pathway, a special listing segment designed to accommodate high-growth, pre-revenue biotech firms. However, a recent article reveals that only 9 of these companies have been able to meet the profit requirement of LR 8.05. This raises questions about […]