Hong Kong is intensifying its drive to become a global innovation and technology hub, with artificial intelligence (AI) at the forefront. Leveraging its status as an international financial center, the city offers capital access, a stable regulatory environment, and the unique advantages of the "One Country, Two Systems" framework to attract high-growth enterprises and investors.
Hong Kong Cyberport, the government-owned digital technology hub and AI accelerator, focuses on moving companies from ideas to real-world implementation. It aids enterprises, especially from ASEAN and other growing regions, in fast-tracking market entry, scaling operations, and expanding internationally.
Cyberport's community includes over 2,300 startups from more than 27 countries, specializing in fintech, AI, Web3, and smart living. The hub hosts 17 listed companies and eight unicorns. In the last two years, over 30 global companies have established a presence, with listed firms holding a combined market capitalization exceeding US$43.1 billion.
Recent additions from mainland China underscore Cyberport's role as an international launchpad. Six companies have listed on the Hong Kong Stock Exchange after setting up at the hub, raising over HK$8.6 billion. Cyberport's chairman, Simon Chan, noted that the hub's access to markets, capital, infrastructure, and talent translates collaboration into commercial outcomes, facilitating expansion into mainland China, ASEAN, and the Middle East.
Cyberport is actively extending its reach through expanded partnerships with innovation and technology parks worldwide, strengthening its role as a "superconnector." Collaborations are underway with entities in Indonesia, Malaysia, Thailand, the UAE, Saudi Arabia, South Korea, Japan, and the US, aiming to facilitate technology transfer and cross-border market entry.
The Cyberport AI Supercomputing Centre, backed by HK$3 billion in government funding, provides 3,000 petaflops of computing power, supporting high-performance computing, data resources, and large language model development. This infrastructure, combined with the new AI, Big Data, and Cybersecurity Service Centre, covers the full AI lifecycle.
Cyberport offers entrepreneurs access to funding schemes, investor networks, and professional services. The completion of Cyberport Phase 5, a new R&D facility, further enhances Hong Kong's innovation ecosystem for AI, data science, blockchain, and cybersecurity. Cyberport's infrastructure, digital capabilities, and international network position it as a key platform for scaling innovation in an AI-driven world.