Hong Kong AI Push To Draw Global Investment, Paul Chan Says

Hong Kong will leverage artificial intelligence to attract global investment, Financial Secretary Paul Chan said at the Global Financial Leaders’ Investment Summit. Highlighting the Hong Kong AI push, Chan cited WTO data showing that private capital in AI reached about USD190bn this year. The city will adopt a 'twin-engine' strategy—developing AI as a core industry while using it to upgrade traditional sectors. Government initiatives include direct investments, startup support, and an AI Talent Connect scheme to draw global specialists. Chan added that Hong Kong’s capital market depth could expand further, noting that the combined market value of Hong Kong, Shanghai, and Shenzhen equals roughly China’s GDP, compared to more than 200% in the US. Officials framed the AI drive as part of Hong Kong’s bid to enhance competitiveness amid softer listings and capital flows.