Hong Kong Exchanges and Clearing (HKEX) Chief China Economist Ba Shusong: The beneficiaries of AI are more concentrated in specific industries and technology elites
The 2025 Hong Kong Exchanges and Clearing (HKEX) China Opportunities Forum will be held in Shanghai on October 22. Paul Chow, Managing Director and Chief China Economist of HKEX, stated that artificial intelligence is an innovation at the level of an industrial revolution, which will profoundly change the underlying logic of social and economic operations. The "Game of Ice and Fire" between artificial intelligence and traditional industries may continue, with beneficiaries more concentrated in specific industries and among technology elites
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