Hong Kong quizzes HSBC over Singapore AI hub decision

🌐 Financial Times (HK) —

AI Summary

Hong Kong’s monetary authority is questioning HSBC about its decision to establish an AI hub in Singapore. The inquiry reflects the city’s efforts to protect and strengthen its position as an international financial centre.

Monetary authority strives to bolster Chinese territory’s status as international financial capital

Politics Markets AI & Tech Hong Kong HSBC Singapore AI hub financial centre monetary authority

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