Sino Land has become the latest developer to jump on the high-technology bandwagon, announcing it has earmarked $1 billion for investment in the sector.
Executive director Robert Lee said Sino Land could not avoid the global trend of investing in hi-tech businesses.
He said the company would focus on innovative projects with potential for fast growth, he said.
Sino Land has already formed a strategic partnership with mainland Internet portal NetBig.com.
NetBig.com plans to list on the Nasdaq market in the United States as well as the Growth Enterprise Market.
Sino Land has agreed to upgrade facilities of the portal's properties - which have a floor area of 13 million square feet - and construct 'intelligent buildings'.
The company, in co-operation with the Hong Kong Industrial Technology Centre, will continue to offer rent-free office space in exchange for a minority stake in technology start-ups.