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AI committee can help Hong Kong start-ups ‘tackle legal, geopolitical hurdles’

Kevin Li,Lo Hoi-ying
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Hong Kong’s 2026-27 budget proposes a new high-level AI committee, chaired by Financial Secretary Paul Chan Mo-po, to address legal and geopolitical barriers for local start-ups while improving access to critical training datasets. Experts emphasize the committee must include diverse industry voices and adopt an “action-driven” approach to keep pace with AI’s rapid evolution, avoiding bureaucratic delays that could hinder innovation. Lawmaker William Wong Kam-fai, a computational linguistics professor, predicts the committee will streamline funding and resource allocation, including expanded access to supercomputing facilities like Cyberport’s center launched in late 2024. The initiative aims to bolster Hong Kong’s AI ecosystem by providing start-ups with enhanced computing power and algorithmic support, addressing current limitations in handling large-scale data processing. Industry leaders stress the committee’s success hinges on breaking down institutional silos and accelerating policy execution to maintain the city’s competitiveness in global AI development.
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AI committee can help Hong Kong start-ups ‘tackle legal, geopolitical hurdles’

AdvertisementHong Kong budget 2026-27Hong KongHong Kong EconomyAI committee can help Hong Kong start-ups ‘tackle legal, geopolitical hurdles’Experts say committee proposed in the latest budget needs diverse panel of voices and be ‘action-driven’ to adapt to fast-moving industryReading Time:3 minutesWhy you can trust SCMPKevin LiandLo Hoi-yingPublished: 6:38pm, 26 Feb 2026Updated: 7:56pm, 26 Feb 2026A proposed high-level committee that will focus on artificial intelligence (AI) could help tech start-ups in Hong Kong mitigate legal and geopolitical challenges, as well as gain access to important databases for model training, market leaders have said.But the experts also told the South China Morning Post on Thursday that the committee, which was proposed in the latest budget and will be led by the city’s finance chief, would need to involve a diverse panel of experts and be “action-driven” to adapt quickly to the fast-shifting industry.Lawmaker William Wong Kam-fai, who is also a professor of computational linguistics, said he expected the committee would “break down walls” and speed up funding approval processes, delivering faster support to the sector.Advertisement“AI companies in Hong Kong will need much more computing power and better algorithms to handle big data effectively,” he said. “For example, more companies could be allowed to use supercomputing centres.”Wong was referring to the Cyberport’s own supercomputing centre, which launched in December 2024.

In Financial Secretary Paul Chan Mo-po’s budget speech on Wednesday, he pledged to establish and chair the “Committee on AI+ and Industry Development Strategy”, which would devise strategies and create favourable conditions for industrial transformation.AdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x

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Source: South China Morning Post Business

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