Seventeen companies have signed a deal to set up or expand operations in Hong Kong amid the government’s push to boost the tech sector, including iFLYTEK, a Chinese artificial intelligence giant which has been under US sanctions since 2019. The Office for Attracting Strategic Enterprises (OASES) held a signing ceremony on Monday afternoon, inking agreements with representatives of the 17 firms, which will set up their headquarters or new offices in Hong Kong or expand their business in the city. Among the companies, 15 are from mainland China, including AI developer Baidu Ai Cloud, animation c…
