Data intelligence service provider Tengyun World has established its regional headquarters in Hong Kong.

The Hong Kong Investment Promotion Agency announced today (January 14) that the leading data intelligence service provider in Mainland China, TalkingData, has established its regional headquarters in Hong Kong, leveraging the vibrant innovation and technology ecosystem and convenient business environment to expand overseas markets. Wu Guocai, Assistant Director of the Hong Kong Investment Promotion Agency, said, "The 'Policy Address 2024' introduced a series of measures to develop Hong Kong into an international innovation and technology center. The SAR government will continue to strengthen investment in local innovation and technology, and accelerate the cultivation of new productivity according to local conditions. Hong Kong is emerging as a global hub for artificial intelligence and big data industries, with outstanding research and commercialization capabilities, a highly educated and diverse talent pool, and world-class digital infrastructure, making it an ideal platform for TalkingData to expand globally." Cui Xiaobo, Founder and CEO of TalkingData, said, "Hong Kong, as an international financial center, has superior geographical location, mature business environment, and rich international talent resources, making it the best base for us to go global. Hong Kong's rule of law environment and intellectual property protection also provide us with good operational support, and with Hong Kong's open market and free trade policies, it helps us expand overseas markets more easily." Cui Xiaobo added, "We will use Hong Kong as our regional headquarters to manage and coordinate the company's business operations in Hong Kong and other regions. It will play a key role in driving the company's business expansion and market penetration in the Asia-Pacific and global regions." He also mentioned that TalkingData plans to cooperate with local companies and universities in Hong Kong to explore digital transformation and data intelligence platforms in various fields and industries. TalkingData will also collaborate with artificial intelligence and big data research teams at Hong Kong universities to jointly develop advanced data solutions to promote digital innovation development in different industries. Founded in 2011, TalkingData is a leading data intelligence service unicorn enterprise in China, specializing in using data and intelligent algorithm technology to deeply serve various industries in achieving digital transformation, providing services to more than 2,000 clients to date.