AIR APACAI Readiness Index · Powered by Exeter Labs

HONG KONGQ2 2026

Hong Kong proves what it can do.

39 companies here publish proof of capability, averaging 62 of 100.

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Executive summary

Proof on the record

Readiness 59 of 100, range 53-65. Visibility 41.7 of 100 across 158 scored companies.

A low score here reflects the public record, not a company’s capability. Hong Kong is among the proof leaders: of the five signals the index reads, its record leans hardest on capability visibility and thinnest on platform and data footprint. The conditions companies here operate under score 59, and what those companies publish scores 41.7. Of the two, the second is the one companies here control, and the quicker to change: 75% of the 158 companies with enough of a public trail to score publish no proof of capability at all.

Hong Kong publishes proof, and financial services carries it with 41 of the 158 companies ranked here.

Exhibit 1. Tier mix in this market
Tier mix in Hong KongEmerging 111, Findable 25, Building 17, Proven 5, of 158 listed companies in Hong Kong. 2026-08-02T21:45:09.170796 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

47 companies in Hong Kong reach the published APAC top 1,000.

111 of 158 are scored already, next in line for the published list.

59Readiness score for Hong Kong. Range 53-65.
41.7Average visibility score across 158 scored companies. Public evidence only.
47Companies here that reach the published APAC top 1,000, of 158 scored.

Why visibility is the asset

Invisible is not the same as absent

Buyers, investors and partners treat it that way. Most decisions about a company are shaped before anyone is contacted, from what they can find. The record is the only version of it most people ever meet. and here about half the market has started one, which makes the other half the addressable group rather than the verdict. In Hong Kong, 110 of 278 companies screened leave too little behind to assess, which is the addressable group rather than the verdict.

Capital and customers screen before they call

Investors, corporate buyers and procurement teams build a shortlist from public material long before a meeting exists. A company absent from that material is not rejected on the merits. It never reaches the shortlist.

Partners and talent read the same record

Prospective partners, joint-venture counterparties and senior candidates all check what an organisation says about its own AI work. Silence is read as inactivity, which is often wrong and rarely without cost.

AI assistants now answer the question first

When someone asks an AI system what a company is doing with AI, the answer is assembled from public sources. A company that publishes nothing cedes its own description to whatever else the model finds.

Most companies we look at are doing more with AI than their customers, investors and partners can see. The work is real, the evidence of it is thin, and people decide on the evidence.
Indhran SegharFounding Director, AIR APAC
Proof concentration in Hong Kong
Proof concentration in Hong Kong39 of 158 ranked companies publish capability evidence, averaging 62 of 100. 75% publish none yet. 2026-08-02T21:45:09.226480 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

Evidence quality mix in Hong Kong
Evidence quality mix in Hong KongShare of ranked companies in this market on each evidence grade A to D. 2026-08-02T21:45:09.235019 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

47Companies here reach the published APAC top 1,000.
66%Of 158 scored rest on grade A or B evidence.
111Scored already, and next in line for the published list.

Where the signal is strong

Hong Kong’s strongest and weakest public signals

The five signals are not on one scale. Nearly every company in the index is discoverable and nearly none publishes proof of what it can do, so the longest bar below is a property of the index before it is a property of Hong Kong. Read against its own other four signals, this record leans hardest on capability visibility and thinnest on platform and data footprint. The first is where companies here have already shown they can publish; the second is where the same effort has not yet gone, and it is the clearest place to start.

Exhibit 2. Average score by signal in this market
Average score by signal in Hong KongDiscoverability: 60.1 of 100. AI & Digital Evidence: 48.6 of 100. Platform & Data Footprint: 27.3 of 100. Freshness & Authority: 51.5 of 100. Capability Visibility: 15.3 of 100. 2026-08-02T21:45:09.183445 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

Signal shape, Hong Kong’s five signals
Signal shape, Hong Kong's five dimensionsDiscoverability: 60 of 100. AI & Digital Evidence: 49 of 100. Platform & Data Footprint: 27 of 100. Freshness & Authority: 52 of 100. Capability Visibility: 15 of 100. 2026-08-02T21:45:09.213244 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

The lean is capability visibility. 39 companies in Hong Kong publish capability evidence, averaging 62 and well clear of the market. It works where it exists. The other 75% have yet to publish it, against 83% regionally.

Work published only in Hong Kong’s own language is understated here, not absent.

Four tiers of visibility

Four tiers, and where companies in Hong Kong sit

A tier is a position in the published regional ranking, not a grade anyone awards. It says how much of a company’s AI work a buyer or an investor can verify, and nothing at all about whether that work is any good.

TierHong KongWhat it means
Tier 1Proven5Region rank 1-100. Publishing enough, recently enough, and across enough of the five signals that the public record alone establishes an AI position.
Tier 2Building17Region rank 101-400. A consistent public trail, usually strong on two or three signals and thin on evidence of hiring.
Tier 3Findable25Region rank 401-1,000. Credibly active and possible to verify, but sparse enough that it takes a deliberate search to find.
Tier 4Emerging111Ranked beyond 1,000. Clears the evidence threshold but does not reach the published list. Real companies, scored and unlisted, and the largest group in almost every market.

5 of the 158 companies in Hong Kong that clear the threshold reach tier 1, and 111 are emerging, 70% of those scored. Emerging is the normal state of the region, and the group standing closest to the tier above.

Moving up a tier is a disclosure decision, not a technology one, because every signal this index reads is something a company already controls.

The visibility ladder in Hong Kong
The visibility ladder in Hong KongScreened 278, scored 168, listed 158, published 47. 2026-08-02T21:45:09.245095 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

Sector strengths in Hong Kong
Sector strengths in Hong KongFinancial Services: 41 companies, mean 47.6. Professional Services: 19 companies, mean 43.0. Manufacturing: 28 companies, mean 42.8. Logistics/Supply Chain: 17 companies, mean 41.5. Retail/E-commerce: 17 companies, mean 39.8. 2026-08-02T21:45:09.258430 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

National champions in Hong Kong, top ten by visibility
National champions in Hong Kong, top ten by visibilityHSBC Hong Kong 72. VTech Holdings 71. Bowtie Life Insurance 66. CLP Holdings Limited 65. DBS Hong Kong 65. Tricor Group 65. Techtronic Industries 65. BDO Hong Kong 64. BOC Hong Kong 63. Hong Kong Air Cargo Carrier Limited 63. 2026-08-02T21:45:09.279874 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

59CERS (0 to 100)triangulated market signal
53-65CERS band
CConfidence grade
155Domestic signal entities
41.7Mean raw RPScompany visibility

Source: AIR APAC AI Readiness Pulse, Q2 2026. CERS is a market-level signal, not a company readiness score. View sources.

Market context

Macro, state, and enterprise benchmarks for Hong Kong.

BenchmarkValueRole
Country Readiness Prior (CRP v0.1)70.1Macro and state readiness prior
CRP v0.2 (three-block)not builtFull triangulated prior
Oxford Government AI Readiness 20240.0Macro input to CRP
IMF AI Preparedness Index 202370.1Macro input to CRP
Exhibit 3. Hong Kong's readiness score and published range
Hong Kong's readiness score and published rangeHong Kong 59, range 53-65. 2026-08-02T21:45:09.201916 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/

Source: AIR APAC AI Readiness Index, APAC 5000, Q2 2026. Scores measure public evidence, not verified capability.

Hong Kong has macro and state readiness context only; no market-level enterprise-adoption benchmark is populated. Read the CERS and CRP as directional context, not a validated enterprise-readiness measure.

Public company signal

What the indexed companies in Hong Kong show.

SignalValue
Mean raw RPS visibility41.7
Sector-stratified signal40.4
Supplier-readiness signal38.8
Domestic-adopter signal40.5

Top organisations

The highest public-signal organisations in Hong Kong.

RankOrganisationSectorRPSEvidence
16HSBC Hong KongFinancial Services72.0A
26VTech HoldingsManufacturing71.0A
65Bowtie Life InsuranceFinancial Services66.0A
85CLP Holdings LimitedManufacturing65.0B
88DBS Hong KongFinancial Services65.0B
110Tricor GroupProfessional Services65.0B
111Techtronic IndustriesManufacturing65.0B
118BDO Hong KongProfessional Services64.0B
140BOC Hong KongFinancial Services63.0B
144Hong Kong Air Cargo Carrier LimitedLogistics/Supply Chain63.0B
164Chong Hing Bank LimitedFinancial Services62.0A
173FWD GroupFinancial Services62.0B
192Morgan Stanley Asia LimitedFinancial Services62.0B
228Citibank Hong KongTech/Fintech61.0B
260HashKey GroupTech/Fintech60.0A
300Fusion BankFinancial Services59.0B
330Sun Hung Kai & Co.Manufacturing59.0B
345ZA BankFinancial Services59.0A
357Livi BankFinancial Services58.0B
361MTR CorporationLogistics/Supply Chain58.0A

Ranked by raw public signal (RPS), a visibility measure. Open any organisation for its evidence profile.

Limits and what this is not

What this report does not claim

Printed with the findings rather than in an appendix at the back.

Known blind spots in this market

Hong Kong carries 2 this cycle: evidence is gathered from English-language search, likely undercounting local-language activity; no enterprise-adoption benchmark source for this market. Each is a direction we know the number leans in. The country evidence behind the readiness score is graded C on source coverage of macro=1, enterprise=0.

A high score means published, not proven

A high visibility score means a company publishes a lot that can be found about its AI work. It does not mean the work is good, in production, or making money. A company here running serious AI quietly will score low here, and it should: this index reads the public record and nothing else.

What would change these numbers

Three things, all scheduled and all documented on page 21. Fuller source coverage per market, which is what currently sets the width of every readiness range. Validating the coverage weighting behind those ranges, which is a stopgap in this edition. And merging companies that operate several web domains, so one group cannot appear twice. Nothing here was audited inside a company, and no verified-readiness score is published this cycle. Next edition: Q3 2026.

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What to do with a visibility score

A visibility score is something a company here can move, because every signal behind it is something it already controls. Three steps separate it from a record that shows what it is actually doing.

Start with the company’s own row

Every scored company in Hong Kong appears in the dataset with its five signal scores and an evidence grade. A grade C or D row is usually a company that has not said much, not a company that has not done much.

Then measure what this cannot see

This index reads the outside only. Leadership alignment, governance, data quality and workforce capability are invisible to it by design, and that is where the real answer sits.

Correct the record on purpose

Proof of capability is the region’s weakest signal, because companies announce intent faster than they show work. Job posts, named leads and dated case studies move the score honestly.

None of this requires a new AI programme. It requires publishing the one that already exists.

The full Hong Kong dossier, as published.

47 of the 158 ranked companies in Hong Kong reach the published APAC top 1,000.

Macau has no benchmark block and is reported as contextual. The dossier counts companies on a wider definition than this page does and the two reconcile: how the company counts fit together.

Assess readiness