南華早報·商業· Enoch Yiu·· 12 days agoAI score48
HSBC chooses Singapore for AI centre, Hong Kong Monetary Authority asks why: report
Amid battle for AI edge, Hong Kong presses HSBC over Singapore hub decision: sources
AI briefing
The Hong Kong Monetary Authority has raised questions with HSBC Holdings over its decision to establish an AI centre in Singapore. Industry figures said Hong Kong and Singapore are competing for leadership in areas such as foreign exchange trading and wealth management, with both sides striving to attract HSBC and other major corporations to invest in AI projects.
Source: 南華早報·商業 · scmp.com