TechnologyHong Kong's AI bet through Temasek-style fund signals strategic shift
City steps up comprehensive effort to transform into tech hub in tense times
Hong Kong is pulling out all the stops to make itself a destination for tech companies, from direct investments to courting international contestants for a startup "elevator pitch" competition held at the city's International Financial Centre, at right. (Photo by Kenji Kawase)
CISSY ZHOU and PEGGY YE, Nikkei staff writers
HONG KONG -- The Hong Kong government is shifting its investment strategy as part of a comprehensive effort to transform the city into a tech hub as geopolitical pressure builds and its traditional growth drivers of finance and property face challenges.