According to CoinMeta, HSBC announced during the Hong Kong Fintech Week that it will establish a global "Artificial Intelligence and Emerging Technologies Research Institute" in the northern metropolitan area of Hong Kong. The institute is scheduled to begin operations in early 2027 and will initially focus on areas such as talent skills enhancement, artificial intelligence security and fraud detection, post-quantum cryptography, and blockchain. It also aims to facilitate the transition of promising innovative solutions from research and development to practical application across various business areas. In addition, HSBC has chosen the Hong Kong University of Science and Technology as the main academic partner for the institute to provide academic expertise and specialized research, assisting HSBC in connecting with talents from different fields and top academic institutions.