[HSBC to Establish Global AI Research Institute in Hong Kong, Initially Focusing on Blockchain Technology and Post-Quantum Cryptography] According to Caixin, HSBC Asia and Middle East Co-CEO, Liao Yijian, announced that HSBC will establish a global AI research institute in Hong Kong, expected to begin operations in early 2027. Initially, it will focus on AI application cases, blockchain technology, and post-quantum cryptography. He revealed that HSBC currently has a team of 150 AI specialists in Hong Kong, and expects the size to double within the next two to three years.