4 days ago
- Business
- South China Morning Post
Hong Kong's future lies in being the finance launch pad for tomorrow's tech
For years, Hong Kong's policy narrative has leaned heavily into national security. From the
national security law to
Article 23 legislation, the emphasis on stability and control has reshaped the city's global identity. But with geopolitical tensions
showing signs of stabilising, the moment is ripe for a strategic shift.
Advertisement
The next global chapter isn't just about containment and scarcity, it is also about creation and abundance. The rise of
artificial intelligence (AI) and digital platforms means abundance can be more evenly distributed, turning technological promise into tangible benefits for both urban centres and rural communities.
Hong Kong's future lies in becoming a launch pad for the financial engines of the new technology economy for the next generation, from deep-tech funding to AI-powered green finance. Just as steam power revolutionised Britain's industrial landscape, today's equivalents –
batteries , nuclear power generation and solar infrastructure – are poised to redefine global growth.
These are not niche technologies; they are the backbone of a new era. Battery development is triggering a transformation across supply chains, from
rare earth extraction and refinement to mobility and storage solutions. Hong Kong's financial sector should be underwriting this revolution, crafting instruments that support cross-border logistics and deep-tech ventures.
Nuclear power, though politically sensitive, is likely to remain essential to clean energy.
Small modular reactors are gaining traction globally, and Hong Kong could position itself as a financing and regulatory sandbox – a neutral and welcoming playground for capital and collaboration.
Advertisement
Solar power , meanwhile, presents a different opportunity. It is the fastest-growing energy source globally, abundant and safe when compared to nuclear, yet free from strong strategic entanglement. As major nations consider industrial policy, they often weigh whether a sector is strategic, profitable and winnable. Solar technology and production is arguably geopolitically frictionless and commercially scalable. Financing this sector is something Hong Kong can do well.
