Hong Kong is an attractive regional hub for mainland Chinese artificial intelligence (AI) start-ups looking for a bridgehead to expand into overseas markets, according to company executives at a technology-themed event on Wednesday.
CloudWalk Technology, a Guangzhou-based AI company that started in 2015 as a vendor of facial recognition software, was looking into establishing an entity in Hong Kong to facilitate its overseas business development, co-founder and director Liu Jun said on the sidelines of the symposium themed “Greater Bay Area and innovative technology”.
He noted that the Greater Bay Area – which encompasses Hong Kong, Macau and nine mainland cities – boasted an innovative atmosphere rivalling that of Hangzhou, the eastern city that is home to companies like DeepSeek and Unitree Robotics.
Hong Kong offered Greater Bay Area companies several advantages, including access to high-quality talent, global influence and supportive policies for innovation, Liu said.
CloudWalk’s plan to establish a foothold in Hong Kong reflects a broader trend of Chinese AI start-ups entering the city to raise funds, attract international talent and connect with global markets. Meanwhile, Hong Kong is looking to AI as a means to upgrade its traditional sectors and enhance the city’s development prospects.
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