Hong Kong Investors Establish Hong Kong RISC-V Alliance with Multiple Enterprises

Hong Kong Investment Management Limited (HK Investment) together with several industry-leading companies and organizations jointly announce the official establishment of the Hong Kong RISC-V Alliance. Building on this foundation, the alliance will actively invite and collaborate with other stakeholders in the next phase to promote the development of the alliance, jointly building a RISC-V ecosystem for mutual benefit.

Centered in Hong Kong, the alliance aims to create an open, collaborative, and international RISC-V industry cooperation platform. The alliance will leverage Hong Kong’s unique advantages, break down regional and industry barriers, and connect global chip design companies, end-user application vendors, research institutions, investment organizations, and standardization bodies to build a collaborative network of “information exchange, resource sharing, and joint projects,” promoting Hong Kong as a key hub for global RISC-V industry exchange and cooperation.

Under the strategic guidance of HK Investment, the alliance was initiated by leading companies and organizations across various sectors of the industry ecosystem. Founding members include HK Investment, SaiFang Technology, Hong Kong China Gas, China Mobile Hong Kong, Super Fusion Technology International, and Open Source International Innovation. SaiFang Technology serves as the inaugural chair of the alliance.

In its initial stage, the alliance will focus on leveraging Hong Kong’s role as an international platform and application hub, actively participating in global chip technology transformation. The alliance will work together to promote four key areas: international collaboration and alignment with global standards, exploration of cutting-edge technologies and application scenarios, cross-sector integration and industrial scale applications, and professional education and talent development.

HK Investment CEO Chen Jiaqi stated that with the establishment of the Hong Kong RISC-V Alliance, HK Investment will continue to leverage patient capital to lead the industry ecosystem’s leading companies, jointly building Hong Kong into a global hub for open-source chip technology R&D, talent cultivation, and application deployment. This will contribute to the country’s technological self-reliance and strength, as well as the prosperity of the global open-source ecosystem. In the next phase, the alliance will actively invite and collaborate with other stakeholders to gather wisdom and jointly build the RISC-V ecosystem.

Xu Tao, CEO of SaiFang Technology and the first chair of the alliance, pointed out that the establishment of the alliance marks a new stage of industry collaboration for Hong Kong’s RISC-V ecosystem. As the inaugural chair, SaiFang Technology will play a leading role, working with member organizations, Hong Kong’s research institutions, and universities, and connecting global industry, academia, research, and investment resources to position Hong Kong as a key hub linking mainland China and the world, driving innovation in open-source chips.