Hong Kong know-how can help mainland Chinese tech firms expand overseas, experts say

Name: Chinese robotics, neurotech companies interested in Hong Kong expansion
Uploaded: 2025-04-24T00:30:08.000Z
Duration: 1 min 57 s
Description: Chinese robotics, neurotech companies interested in Hong Kong expansion

Presence of mainland tech firms in Hong Kong would also improve local R&D landscape, observers say

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BrainCo product experience officer Ni Mincheng uses brain waves to control robotic arms. Photo: Dickson Lee

Willa Wuin HangzhouandOscar Liuin Hong Kong

Published: 8:30am, 24 Apr 2025Updated: 3:22pm, 24 Apr 2025

Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said.

Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to Zhejiang province on Wednesday and pledged to support their expansion into Hong Kong.

Observers said the firms’ potential presence in the city would improve Hong Kong’s research and development (R&D) landscape and commercialisation capabilities.

Among the highlights of Lee’s second day of his four-day trip was his meeting with representatives of DeepSeek, which made headlines globally this year with its cost-efficient artificial intelligence (AI) model, and five other Hangzhou-based enterprises.

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Chinese robotics, neurotech companies interested in Hong Kong expansion

The others were Manycore Tech, Game Science, Deep Robotics, Unitree Robotics and BrainCo, which have risen to prominence in Hangzhou over the past two years and hold significant influence in the sector.