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Tencent's Ma offers vision of 'Bay Area' of China

Hong Kong's resistance seen as hurdle

Tencent Chairman Pony Ma Huateng at a news conference on Friday. (Photo by Akira Kodaka)

BEIJING -- Pony Ma Huateng, chairman of Chinese internet giant Tencent Holdings, said on Friday that he envisions the creation of a large technology hub linking innovation, manufacturing and finance across three distinct areas of the country's south.

Ma said a cross-border supervisory body would be needed to develop innovative technology across the three currently independent administrative regions: Guangdong Province, Hong Kong and Macau.

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