# Hong Kong seeks tech exposure to take on Nasdaq amid Beijing’s rising AI dominance

> Source: <https://www.scmp.com/business/china-business/article/3363741/hong-kong-seeks-tech-exposure-take-nasdaq-amid-beijings-rising-ai-dominance?utm_source=rss_feed>
> Published: 2026-08-12 06:00:38+00:00

# Hong Kong seeks tech exposure to take on Nasdaq amid Beijing’s rising AI dominance

The city is looking to expand stock benchmarks in an effort to challenge Nasdaq’s tech dominance

[Zhang Shidong](/author/zhang-shidong)in Shanghai

Hong Kong is doubling down on efforts to increase its stock market’s exposure to the technology industry, as the city endeavours to catch up in the global artificial intelligence trade and potentially even challenge the Nasdaq.

A slew of mainland Chinese hardware tech companies – particularly the makers of optical transceivers used in AI data centres – are lining up for stock offerings in the city after the debut of Zhongji Innolight last month, reshaping the dynamics of listings that, until now, have been largely limited to Chinese internet platforms.

Hang Seng Indexes Company proposed a revamp of the Hang Seng Tech Index this week to add more constituents with growth potential. It also suggested adding revenue growth in its inclusion criteria to better accommodate smaller companies with growth potential.

The index compiler could also add more tech companies to the benchmark Hang Seng Index in its quarterly review later this month, according to China International Capital Corporation (CICC).

The Hong Kong stock market has been left behind in the AI trade this year, due to the dominance of Chinese internet platforms that rely on e-commerce segments as their major revenue sources, and increasing tech exposure may reverse this trend.

The city is able to tap China’s leading position in AI open-source models and humanoid robotics for new listings, enabling it to rival Nasdaq or the New York Stock Exchange.
