Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said.
Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to Zhejiang province on Wednesday and pledged to support their expansion into Hong Kong.
Observers said the firms’ potential presence in the city would improve Hong Kong’s research and development (R&D) landscape and commercialisation capabilities.
Among the highlights of Lee’s second day of his four-day trip was his meeting with representatives of DeepSeek, which made headlines globally this year with its cost-efficient artificial intelligence (AI) model, and five other Hangzhou-based enterprises.
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Hong Kong’s leader in Hangzhou to visit top Chinese robotics, neurotech companies
Hong Kong’s leader in Hangzhou to visit top Chinese robotics, neurotech companies
The others were Manycore Tech, Game Science, Deep Robotics, Unitree Robotics and BrainCo, which have risen to prominence in Hangzhou over the past two years and hold significant influence in the sector.
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