Mainland Chinese firm to build HK$23.8 billion Hong Kong supercomputing hub
South China Morning Post
by Emily HungMarch 2, 2026
AI-Generated Deep Dive Summary
A mainland Chinese company, Range Intelligent Computing Technology, has secured the sole bid to construct a HK$23.8 billion supercomputing hub in Hong Kong’s Northern Metropolis. The project, which will significantly enhance the city's computing power by 36-fold, is set to begin operations within 42 months and create 180 skilled jobs during its first three years of operation. This initiative marks a major step forward for Hong Kong's tech infrastructure, with the hub expected to reach a staggering computational capacity of 180,000 petaflops by 2032—a figure equivalent to 180,000 quadrillion calculations per second.
The winning bidder, Range Intelligent Computing Technology, is part of Shenzhen-listed Runze Technology Group, which specializes in developing high-end data facilities. The project will be located on a Sandy Ridge site granted by the Hong Kong government for 50 years. While only one company participated in the tender process, officials expressed satisfaction with the proposal, emphasizing its alignment with Hong Kong's vision to become a global leader in intelligent computing and artificial intelligence.
This supercomputing hub is not just about numbers; it’s about positioning Hong Kong as a key player in the global tech ecosystem. By 2032, the facility will drive significant economic growth, generating an estimated HK$4.6 billion
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Originally published on South China Morning Post on 3/2/2026