HSBC Chooses Singapore for Global AI Centre, Drawing Questions from Hong Kong Regulators
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HSBC has announced it will establish its Global AI Centre of Excellence in Singapore rather than Hong Kong, prompting queries from Hong Kong authorities about the strategic decision. The banking giant said it will launch the centre in the second half of 2026, planning to hire over 100 artificial intelligence specialists and 100 wealth managers as part of a major expansion of its Asian AI capabilities.
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