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Hong Kong is emerging as the world’s AI crossroads between East and West: PwC

Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services

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Hong Kong is well positioned as an international hub for AI-driven innovation. Photo: May Tse
Aileen Chuang

Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives.

As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not just to solve problems but to unlock new revenue opportunities, Hong Kong was “well‑positioned” to harness the technology’s potential, said Joe Atkinson, chief AI officer at PwC Global.

“Hong Kong serves as a powerful connector, bringing together capabilities from around the world to address business challenges in industrial AI and supply chains,” he said in an interview with the Post earlier this month. “Its education system, financial institutions and business environment all play an important role in driving AI transformation.”

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With AI promising increases in efficiency and productivity, as well as driving innovation, creativity and scientific discovery, the city could become a research and development hub that combines the strengths of East and West, according to Vishy Narayanan, digital and AI leader at PwC Asia-Pacific, in the same interview.

The HKMA has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled pilot programme. Photo: Jelly Tse
The HKMA has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled pilot programme. Photo: Jelly Tse
China has surged alongside the US, European Union and Japan in the global AI race, propelled by breakthroughs such as DeepSeek’s low-cost, highly efficient models, as well as national backing, according to a recent report by think tank Deep Knowledge Group.
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Hong Kong, leveraging its proximity to mainland China and support from Beijing, was positioned as an international hub for AI-driven innovation, said King Au King-lun, executive director of the city’s Financial Services Development Council (FSDC), which contributed to the report.

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