• Creativity as a competitive edge – Innovation requires creativity and Asian businesses are taking the lead in diffusing cutting edge technology across industries – resulting in more resilient and competitive enterprises.
• Practical AI for scalable markets – The ability to pinpoint and solve problems with technology is clear among Chinese entrepreneurs who are increasingly known for transforming practical AI applications with sizeable total addressable markets into viable and sustainable business models.
• Infrastructure breakthroughs – Some of the most impactful technological advances are happening at the underlying technological infrastructure. Investors are now targeting breakthroughs in core algorithms, data architectures, and computational models that form a new, more efficient foundation for industries, driving long-term value.
• Pain point-driven globalisation – Successful global expansion in today’s uncertain environment should lead with a problem-solving strategy to be sustainable, one that reflects an awareness of local markets and the challenges that are ripe for new solutions.
• Localise to customise – Nowadays, localisation can’t be taken for granted or glossed over in new market planning. Companies need to understand their target markets, and then utilise that knowledge to customise their solutions. We see this regularly at HSBC where we work closely with clients to develop nuanced market entry strategies that account for local market dynamics , business culture and consumer behaviours.

Global expansion is not only about where you go, but also how you enter. If you would like to explore how these insights can be applied to your business strategy, please reach out to your dedicated HSBC representative.