Hong Kong’s government-owned wealth fund has partnered with one of China’s leading artificial intelligence agencies to attract global talent to the city, as it strengthens its commitment to transform into a technology hub.
The project aimed to “connect representatives from academic research, investment, industry and government sectors to [facilitate] cross-jurisdictional and cross-sectoral dialogue”, HKIC CEO Clara Chan Ka-chai said.
“Hong Kong is really well-positioned to play a leading role in facilitating AI investment and development globally with our roles as superconnector and super-value-adder,” Chan noted.

HKIC possesses “strong capital and commercial operation capabilities”, while BAAI brings expertise in talent development, technical knowledge and the AI ecosystem, according to BAAI head Wang Zhongyuan. The collaboration was expected to enhance Hong Kong’s “new positioning as a technology-driven city”, he said.