HSBC Holdings (00005) will expand its Hong Kong AI team, with the scale expected to double in the next two to three years.

Zhito Finance APP has learned that David Liao, Co-Chief Executive of HSBC Holdings (00005) for Asia and the Middle East, said that HSBC currently has a team of 150 AI specialists in Hong Kong and will continue to expand it, with the number expected to double to about 300 in the next two to three years. He stressed that HSBC has regarded Hong Kong as its "home market" for more than 160 years and that it is also a hub for AI investment and application, adding that he is full of confidence in Hong Kong's prospects and that the bank has never stopped investing in Hong Kong.