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Cyberport Artificial Intelligence Supercomputing Centre Officially Commences Operations

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AI Lab opened synchronously to drive Hong Kong forward a new milestone of “AI Plus”

HONG KONG SAR – Media OutReach Newswire – 9 December 2024 – Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), first of this kind currently in Hong Kong, officially commences operations, and the AI Lab is also open concurrently. The opening ceremony of the AISC and AI Lab was held today at AI Lab and Prof Sun Dong, Secretary for Innovation, Technology and Industry; Ir Tony Wong, Commissioner for Digital Policy; Hendrick Sin, Chairman of the Committee of the Artificial Intelligence Subsidy Scheme (AISS); Simon Chan, Chairman of Cyberport; and Dr Rocky Cheng, CEO of Cyberport officiated at the ceremony. Committee members of the AISS, artificial intelligence (AI) ecosystem partners of Cyberport, and representatives of AI-related enterprises also attended the ceremony to witness the crucial moment of promoting local AI development to a new milestone.

Prof Sun Dong, Secretary for Innovation, Technology and Industry(front row middle); Ir Tony Wong, Commissioner for Digital Policy(front row third left); Hendrick Sin, Chairman of the Committee of the AISS and committee members(front row third right) ; Simon Chan, Chairman of Cyberport(front row fourth left) ; Dr Rocky Cheng, CEO of Cyberport(front row fourth right) and other ecosystem partners attended the opening ceremony of AISC and AI Lab at AI Lab to witness the crucial moment of promoting local AI development to a new milestone.

Prof Sun Dong, Secretary for Innovation, Technology and Industry said, “Artificial intelligence (AI) is the most critical technology for ‘new quality productive forces’ in the future. The Government has introduced a number of policies and measures to improve the development of the local AI ecosystem orderly and promote the ‘digital-intelligent’ application of AI. The official establishment of Cyberport’s Artificial Intelligence Supercomputing Centre today will become an indispensable and important pillar of the development of AI in Hong Kong. The supercomputing centre will not only provide advanced computing capabilities to promote industry development, but also become a cradle for converging and cultivating AI-related quality professionals. The supercomputing centre will bring together talents specialising in computing power, data and algorithm technology, coupling it with Cyberport’s AI Lab, Cyberport will provide an innovative platform for AI ecosystem partners and enterprises to connect with relevant application scenarios, explore product innovations and integrate with technologies, facilitating the transformation and application of more technologies, thereby injecting new impetus into the high-quality development of Hong Kong’s economy”.

Simon Chan, Chairman of Cyberport said, “The official commencement of Cyberport’s AISC signified the development of local AI ecosystem and industry has risen to a new height, broadening the prospects for the innovation and technology (I&T) advancement. The computing power of the first-phase facility provides 1,300 PFLOPS this year, and it will increase to 3,000 PFLOPS next year to meet the growing demand for computing power in the technology sector. With the opening of AI Lab concurrently, it leverages the research and development (R&D) capabilities of ecosystem partners to create a heterogeneous computing platform, which enables joint development of innovative AI products across different industries and use cases to facilitate the transformation and realisation of R&D outcomes as well as empowers communities and business sector to drive intelligent transformation. Additionally, it will enhance Hong Kong’s R&D capabilities to attract more cutting-edge technology projects and talents from Mainland China and around the globe to the city, thereby solidifying Hong Kong’s status as an international I&T hub.”

To promote the development of AI in Hong Kong, the HKSAR Government announced in the 2023 Policy Address that Cyberport would set up an AISC in phases from this year onwards to provide research teams with the necessary computing hardware. In addition, the HKSAR Government also announced in the 2024-2025 Budget that HK$3 billion were allocated to Cyberport to implement a three-year AISS, which mainly provides funding support to five categories of eligible entities, including local institutions, R&D centres and enterprises to utilise the computing power of the AISC to achieve more breakthroughs in scientific research.

The first phase of the AISS was launched in early October and multiple applications from eligible entities, including AI start-ups, local institutions, R&D centres, and strategic enterprises, were received. The funding has also been set aside to facilitate works including strengthening the cyber and data security of AISC in addition to promotion and education. It’s expected the scheme will allow the industry to make good use of the computing facilities as well as attract relevant talents, enterprises and R&D projects from Mainland China and around the world to land in Hong Kong, thereby providing necessary support to facilitate the many aspects of local AI and related industries developments.

The AI Lab launched today brings together the R&D capabilities of AI ecosystem partners in Hong Kong, providing them with an interactive space to showcase AI solutions and launch service products. Nearly 15 companies showcased their innovations at the ceremony, including local start-ups, strategic enterprises based at Cyberport, and ecosystem partners, to facilitate AI-related R&D and collaborations. Furthermore, the AI Lab provides AI ecosystem partners and enterprises with a platform to experience different supercomputing tools, explore product innovations, converge technologies, which could be applied to different industries and use cases to promote the transformation and realisation of innovative technologies, thereby driving new quality productive forces to foster the development of digital economy and smart city.

With the AISC as its core engine, Cyberport has built a comprehensive AI ecosystem that encompasses computing power, general and professional large models, model risk assessment, industry application support, governance and ethics discussions, and more, which gathers talent and innovative resources from the Mainland China and overseas to support innovative R&D and applications spanning across the AI ecosystem chain to accelerate industry development.

Currently, Cyberport houses more than 330 start-up enterprises specialising in AI and big data, including many strategic enterprises that have established operations in Cyberport, including D2 Intelligence, LAiPIC, Saunova, and beyond. Cyberport also fosters collaborations with leading AI enterprises including Baidu, Huawei and Inspur Cloud, and interconnects with start-up enterprises with the combination of their R&D capabilities in computing development, large model building, and more to promote the innovation and application of AI R&D. The strategic enterprises attracted to Hong Kong have invested capitals, technologies and talents to develop international headquarters. Through Hong Kong as an international springboard, they can “go global” to enable internationalisation of their AI products and services.

Hashtag: #AI #Cyberport #startup #innovation #AILab #AISC #AISS





Wechat: https://cyberport.hk/css/demo/icon/cyberport-wechat.png

The issuer is solely responsible for the content of this announcement.

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

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Cregis to Explore the Next Phase of Digital Finance at Consensus Hong Kong 2026

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HONG KONG SAR – Media OutReach Newswire – 23 January 2026 – As stablecoins, AI, and automated systems increasingly enter real-world finance and payments, digital asset infrastructure is approaching a critical inflection point. Enterprise blockchain infrastructure provider Cregis has announced it will participate in Consensus Hong Kong 2026, taking place February 10–12, where it will engage with industry peers on the evolving role of stablecoins, enterprise asset management, and emerging technologies in financial systems.

Attendees can visit Booth 1808 at the Hong Kong Convention and Exhibition Centre to explore Cregis’ infrastructure offerings, including its crypto payment engine, self-custody MPC wallet infrastructure, and enterprise-grade self-custody solutions. According to the team, the event represents not just an industry appearance, but an opportunity to observe and contribute to a deeper question: how crypto assets can meaningfully integrate into real financial systems.

Digital Assets Enter Business Operations

Over the past few years, much of the industry conversation has centered on issuance and trading. But as institutional participation accelerates, the focus is shifting toward a more complex challenge: how digital assets are operated in secure, compliant, and efficient ways.

As financial institutions and payment companies begin using on-chain assets in real business workflows, asset management is no longer just about private key security. It becomes a system-level problem involving multi-party coordination, permission design, auditability, and risk governance.

Against this backdrop, Cregis plans to focus on:

  • The security and coordination requirements of enterprise asset management in stablecoin and payment use cases
  • How permissions, accountability, and auditability should function across multi-team, multi-system operations
  • How automation and intelligent systems are redefining the requirements for underlying asset infrastructure


Stablecoins Move to the Center of Financial Infrastructure

Consensus Hong Kong 2026’s agenda reflects a broader industry shift. Compared with previous years, stablecoin-related discussions have expanded significantly, with the focus moving from whether stablecoins are viable to how they scale.

Topics around cross-border payments, settlement efficiency, liquidity movement, and regulatory frameworks are increasingly seen as the connective layer between crypto-native systems and traditional finance. For many industry participants, this marks a transition: crypto assets are no longer viewed primarily as speculative instruments, but as emerging components of financial circulation infrastructure.

AI, Automation, and Crypto Enter the Execution Phase

Beyond stablecoins, the convergence of AI, robotics, and crypto has emerged as another defining theme at Consensus 2026. Rather than focusing on conceptual narratives, industry discussions are now centered on execution. Attention has shifted toward ensuring asset security as AI agents operate autonomously, clarifying responsibility and authority when automated systems participate in economic activity, and rethinking how financial infrastructure must evolve as enterprise systems themselves become economic actors.

Together, these discussions reflect a broader industry shift: technological convergence is moving decisively toward real-world deployment, marking a transition from storytelling to implementation.

The Debate Has Shifted

Disagreements around the future of crypto adoption remain. But the nature of the debate has changed. At Consensus Hong Kong 2026, the discussion is less about whether crypto will be adopted, and more about:

  • What form adoption will take
  • Whether infrastructure will become invisible to end users
  • Who bears systemic risk, and who defines operational rules

In this context, the maturity of infrastructure is emerging as a key determinant of where the industry goes next.

Observing and Participating in an Inflection Point

The industry is transitioning from “exploring possibilities” to “building durable systems.” The evolving themes at Consensus Hong Kong 2026 are a clear signal of that shift.

As stablecoins, digital assets, and intelligent systems move deeper into real financial and commercial environments, the resilience, controllability, and compliance-readiness of infrastructure will determine how far adoption can go. During the event, Cregis will engage with participants across payments, financial institutions, and Web3, while continuing to focus on the evolution of enterprise digital finance infrastructure.

Cregis aims to provide enterprises with end-to-end digital asset management and operational infrastructure. By building security-first, flexible, and compliance-oriented systems, the company seeks to abstract complex onchain operations into standardized solutions that enterprises can easily integrate and manage — helping institutional clients navigate this industry transition with confidence.
Hashtag: #consensus2026 #cregis #Stablecoins


is a global provider of enterprise-grade digital asset infrastructure, delivering secure, scalable, and compliant solutions for institutional clients.

Its core offerings—MPC-based self-custody wallets, Wallet-as-a-Service, and a robust Payment Engine—help exchanges, fintech platforms, and Web3 businesses manage digital assets with confidence.

With over 3,500 businesses served globally, Cregis empowers businesses to accelerate their Web3 transformation and unlock new digital asset opportunities.

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HKCSS Releases Inaugural Data on Caring Business Practices in Hong Kong

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3,500 Companies Recognized; Support for Working Caregivers Emerges as New Benchmark for Friendly Workplaces

HONG KONG SAR – Media OutReach Newswire – 22 January 2026 – 22 January 2026 – The Hong Kong Council of Social Service (HKCSS) held the 2024/25 Caring Company Scheme Recognition Ceremony today at the Hong Kong Convention and Exhibition Centre. Mr. Chris SUN Yuk-han, JP, Secretary for Labour and Welfare of the Hong Kong Special Administrative Region, attended as the Guest of Honour. This year, a total of 3,500 caring companies and organisations were recognised.

The Caring Company Scheme Recognition Ceremony cum Release of the Caring Business Achievements Overiview concluded successfully today, Mr. Chris SUN, JP, Secretary for Labour and Welfare (centre), joined HKCSS management for a group photo.
From left:Hon Grace CHAN Man-yee, Chief Executive Of HKCSS
Mr. CHAN Tsz Ming, Director, Analysts at Level 1, Department of Social Affairs, Liaison Office of the Central People’s Government in the HKSAR
Mr. Chris SUN, JP, Secretary for Labour and Welfare
Revd Canon Hon Peter Douglas KOON Ho Ming, SBS, JP, Chairperson of HKCSS
Mr. CHAN Charnwut, Bernard, GBM, GBS, JP, Vice-chairperson of HKCSS
Ms. CHAK Tung Ching, Yvonne, Vice-chairperson of HKCSS

For the first time, HKCSS released the major findings from the Caring Business Achievements Overview, providing an in-depth look at corporate trends in addressing social issues such as population ageing, workforce challenges, and climate change across four key pillars: Partnership, Social, Economic, and Environmental Sustainability.

Mr. Chris SUN Yuk-han, JP, Secretary for Labour and Welfare of the Hong Kong Special Administrative Region, congratulated the businesses and organizations recognized by the Caring Company Scheme. He emphasized that building a compassionate society requires collaboration with the business community, which plays a vital role alongside government and non-governmental efforts. By prioritizing employee welfare, employers not only uplift families but also drive growth, attract talent, and foster mutual benefits. Mr. SUN called upon the business sector to engage more proactively in this initiative, fostering a collective commitment to building a more caring society for all.

3,500 companies were commended today; top performers were awarded logos representing leading levels of performance.
3,500 companies were commended today; top performers were awarded logos representing leading levels of performance.

24 Years of Deep-Rooted Partnership: 28% of Collaborations Last 10 Years or More

The Caring Company Scheme has been running for 24 years. The Revd Canon the Hon. Peter Douglas KOON, SBS, JP, Chairman of HKCSS, stated in his speech: “The Scheme underwent a significant revamp recently to localise international sustainability frameworks. Through our inaugural data analysis, we can observe the business sector’s overall performance in tackling challenges like population ageing and climate change. We hope these trends will guide companies to transform a culture of care into concrete business decisions.”

Data indicates that business-social partnerships have built a solid foundation. Over 70% of companies have maintained partnerships with community partners for three years or more, while 28% have sustained collaborations for over a decade, reflecting a commitment to long-term stability in cross-sectoral collaboration.

104 companies were recognised as Caregiver-Friendly for their outstanding support measures.
104 companies were recognised as Caregiver-Friendly for their outstanding support measures.

New Frontier in the Workplace: Support for Working Caregivers Emerges as a Key Focus

Corporate performance in supporting caregivers has become a focal point. Data reveals that over 80% of companiess have popularised flexible work arrangements, and 104 companies received special “Caregiver-Friendly” commendations for their outstanding support measures this year.

Hon Grace CHAN Man-yee, Chief Executive of HKCSS, observed several innovative cases: “Some companies have implemented eight weeks of fully paid adoption leave, five days of leave for only-child caregivers, and even ‘Grandchild Leave’. Others provide patient companion service. Supporting caregivers does not necessarily require massive financial investment; as long as it starts from the employees’ needs, the possibilities for caring business are endless.”

Five Key Recommendations: From “Ad Hoc Actions” to “Policy Integration”

While companies excel in charitable donations and active participation, there is room for improvement in environmental data tracking (currently at approximately 30%) and workplace diversity. Consequently, HKCSS proposes five key recommendations:

  1. Deepen Caring Standards: Treat the Caring Company Scheme indicators as operational benchmarks to establish a systematic socially responsible business model.
  2. Promote Professional Sharing and Responsible Procurement: Encourage management to join NGO boards as volunteers to provide professional support and integrate NGO products into corporate procurement supply chains.
  3. Build Diverse and Inclusive Workplaces: Actively employ disadvantaged groups to tap into new talent pools and implement flexible work to support working caregivers.
  4. Sustain Investment in Talent Development: Recognize talent as a driver of economic growth, enhance staff training, and strengthen mental health support.
  5. Initiate Data-Driven Management: We recommend that companies immediately start tracking data related to sustainability performance to ensure that social initiatives are measurable and sustainable.

In 2024/25, the Caring Company Scheme received over 4,300 applications. Ultimately, 3,500 companies and organisations were recognised the Caring Company and Caring Organisation logos, comprising large corporations (42%), SMEs (51%), and organisations (7%). HKCSS emphasised that the data release aims to establish a long-term mechanism to guide the business sector in finding room for improvement and addressing future social challenges through collaboration.

Hashtag: #TheHongKongCouncilofSocialService #HKCSS #theCaringCompanyScheme #Caregiver-Friendly

The issuer is solely responsible for the content of this announcement.

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Strong wealth management and IPO pipelines to underpin Hong Kong bank growth in 2026, says KPMG

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Digital assets, artificial intelligence, and cybersecurity top the transformation agenda

HONG KONG SAR – Media OutReach Newswire – 22 January 2026 – Hong Kong’s banking sector enters 2026 from a position of financial strength — well-capitalised, highly liquid, and supported by structural inflows and robust wealth management growth. Despite an evolving macroeconomic and investment environment, the sector remains well-positioned to pursue targeted growth opportunities.

KPMG’s latest report, the Hong Kong Banking Outlook 2026, expects Hong Kong banks to capitalise on the strong wealth management pipeline and a revitalised IPO market, deploying capital where risk-adjusted returns appear most attractive. The report also spotlights the key priorities for the year ahead: advancing digital assets, embracing AI innovation, and fostering closer collaboration between private banks and asset managers to strengthen Hong Kong’s position as a world-leading centre for offshore private wealth management.

Paul McSheaffrey, Senior Banking Partner, Hong Kong SAR, KPMG China, says: “As we enter 2026, KPMG is more optimistic about Hong Kong’s banking sector. The strong performance of Hong Kong’s equity market in 2025 has significantly lifted sentiment. Recent policy initiatives, including efforts to strengthen the city’s fixed-income market and to support Chinese Mainland enterprises in ‘going global’ through Hong Kong, provide further confidence in the future. We expect increased bank investment and hiring to follow.”

Jianing Song, Head of Banking and Capital Markets, Hong Kong SAR, KPMG China, says: “In 2026, AI will evolve from a support tool to a core driver of competitiveness for Hong Kong banks. Banks are increasingly focused on productivity gains, on measuring ROI, and on embedding AI across operations in a way that delivers tangible benefit. In corporate banking, this shift may finally see paper, physical signatures, and batch processing phase out.”

Tokenisation moves beyond proof of concept
Hong Kong is positioning itself as a global leader in digital assets, with banks conducting real-world transactions using tokenised deposits through the Hong Kong Monetary Authority’s Project Ensemble1. A wave of stablecoin licence applications is also underway, and tokenised gold is being issued. Looking ahead to 2026, KPMG expects traditional banks and the digital-asset ecosystem to move closer together. Banks will likely begin offering services such as digital-asset custody and a broader range of tokenised products as the regulatory framework becomes clearer.

Simon Shum, Head of Digital Assets, Hong Kong SAR, KPMG China, says: “The pace of change will only accelerate this year. Banks should focus on building their blockchain expertise, ensuring governance and controls are robust, and staying close to regulatory developments, particularly around AML, cybersecurity and risk management, as the digital asset ecosystem continues to evolve rapidly.”

Rising threats push banks toward automation-led cyber defence
As Hong Kong banks accelerate toward a digital-first future, the cyber threat landscape will remain a critical challenge in 2026. KPMG expects threat actors to increasingly leverage AI and automation to identify vulnerabilities with greater speed and precision, while attacks through third parties and the broader digital ecosystem continue to rise. For banks, this means cyber resilience will become an even more pressing board level priority. The HKMA will continue expectations around technology risk management, clear accountability for cyber risk, and the ability of banks to maintain critical services and recover swiftly when incidents occur.

Lanis Lam, Partner, Technology Risk, KPMG China, says: “As rising cyber risks, evolving technology, and shifting regulatory expectations redefine the landscape, banks in 2026 must strategically prioritise three areas: real-time threat detection, governance of third-party dependencies, and seamless integration between technology, risk, and business functions to drive cohesive and effective responses. Ultimately, automation should be a core enabler of cyber resilience, not just a tool for efficiency but a catalyst for proactive defence and operational agility.”

Hashtag: #KPMG

The issuer is solely responsible for the content of this announcement.

About KPMG

KPMG in China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.

KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.

KPMG firms operate in 138 countries and territories with more than 276,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

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