Hongkong Post is facing significant financial difficulties due to declining demand for traditional mail services and increasing competition from modern logistics companies. The government has proposed a substantial financial injection of HK$4.6 billion to support the service, which has accumulated nearly HK$3 billion in losses over the past eight years. This situation mirrors challenges faced by postal services globally as digital communication and e-commerce reshape the market. AI
RANK_REASON Article discusses the financial struggles and potential future of a traditional service in the face of technological change, rather than a core AI development.
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