Shenzhen robot maker EngineAI turns to Hong Kong for computing power and listing

Shenzhen-based EngineAI is leveraging Hong Kong as a springboard for global expansion, planning a local listing this year while using its computing power to enter the North American market. The company's robots have been bought by Mideast firms and require cloud-based computing accessible from anywhere.

EngineAI, a Shenzhen-based tech firm, has sold its robots to Mideast companies. Robert Chan Kwok-cheung, the company's global strategy officer, said on Wednesday that its presence in Hong Kong is a strategic move to bypass technical and geopolitical hurdles.

EngineAI, one of Shenzhen’s “eight great guardians of embodied intelligence”, will join 3,700 exhibitors from 28 countries and regions at InnoEX and the Hong Kong Electronics Fair, running concurrently from April 13 to 16. The fairs are organised by the Trade Development Council.

Chan said the humanoid robots can run and perform controlled front flips, with a wide range of functions at two price points. A standard unit for performance or display costs 88,000 yuan (US$12,745), while a fully open-source version with navigation and scanning costs 188,000 yuan.

The firm plans to list in Hong Kong this year, using the city's computing power to aid entry into the North American market.

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Chinese minister announces China's AI sector exceeding $165 billion at National People's Congress, with futuristic AI graphics on display.
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China's AI sector tops $165 billion in 2025, minister says

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The output of China's core artificial intelligence industry exceeded 1.2 trillion yuan ($165 billion) in 2025, with more than 6,200 companies operating in the field, said Li Lecheng, head of the Ministry of Industry and Information Technology. The remarks came after the opening meeting of the fourth session of the 14th National People's Congress in Beijing on Thursday.

Hong Kong is advancing an “AI for all” initiative to integrate artificial intelligence across society, including an allocation of HK$50 million for public awareness and skills-building through AI courses, seminars, and competitions on responsible use. The Employees Retraining Board will be rebranded as “Upskill Hong Kong” to offer skills-based AI training for workforce competitiveness. Industry leaders like Keith Li King-wah of Innopage have been adapting to the technology ahead of these government efforts, which also involve a major overhaul of school curricula and vocational retraining.

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Despite a hot domestic market, South Korean investors have increased purchases on Hong Kong and mainland exchanges this year. Data shows they bought US$507 million in Hong Kong-listed shares and US$154 million in mainland-listed shares, focusing heavily on AI and semiconductor names.

This month in China, people have queued on streets to install the AI agent OpenClaw on their computers. Some travelled from other cities, others waited hours for engineers to set it up, and 'birth certificates' were issued upon installation. The frenzy highlights enthusiasm for AI agents.

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Analysts suggest China’s rapid AI adoption may limit the economic fallout from its rapidly ageing population. As fertility rates fall across Asia, sustaining growth with fewer workers poses a daunting challenge. The region’s deep semiconductor, tech hardware, and machinery ecosystems enable faster and cheaper deployment than other regions.

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