Opinion | Hong Kong’s future lies in being the finance launch pad for tomorrow’s tech

For years, Hong Kong’s coverage narrative has leaned closely into nationwide safety. From the national security law to Article 23 laws, the emphasis on stability and management has reshaped the town’s international identification. However with geopolitical tensions showing signs of stabilising, the second is ripe for a strategic shift.

The following international chapter isn’t nearly containment and shortage, additionally it is about creation and abundance. The rise of artificial intelligence (AI) and digital platforms means abundance could be extra evenly distributed, turning technological promise into tangible advantages for each city centres and rural communities.

Hong Kong’s future lies in changing into a launch pad for the monetary engines of the brand new expertise economic system for the following technology, from deep-tech funding to AI-powered inexperienced finance. Simply as steam energy revolutionised Britain’s industrial panorama, at the moment’s equivalents – batteries, nuclear energy technology and photo voltaic infrastructure – are poised to redefine international development.

These aren’t area of interest applied sciences; they’re the spine of a brand new period. Battery growth is triggering a metamorphosis throughout provide chains, from rare earth extraction and refinement to mobility and storage options. Hong Kong’s monetary sector ought to be underwriting this revolution, crafting devices that assist cross-border logistics and deep-tech ventures.

Nuclear energy, although politically delicate, is more likely to stay important to scrub vitality. Small modular reactors are gaining traction globally, and Hong Kong may place itself as a financing and regulatory sandbox – a impartial and welcoming playground for capital and collaboration.

Solar power, in the meantime, presents a unique alternative. It’s the fastest-growing vitality supply globally, plentiful and protected when in comparison with nuclear, but free from sturdy strategic entanglement. As main nations contemplate industrial coverage, they typically weigh whether or not a sector is strategic, worthwhile and winnable. Photo voltaic expertise and manufacturing is arguably geopolitically frictionless and commercially scalable. Financing this sector is one thing Hong Kong can do nicely.