EconomyHong Kong presses HSBC over Singapore AI hub as cities vie for an edge

Hong Kong and Singapore are competing for leadership in areas such as foreign exchange and wealth management, and for AI investment from HSBC and other major companies, industry players say. The Hong Kong Monetary Authority questioned HSBC’s choice of Singapore for an AI centre.

Hong KongSingaporeHSBCartificial intelligence

SSouth China Morning Post★★☆☆☆2026-10-08 12:00Original