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Current Affairs

Hong Kong’s executives are ‘ill prepared’ for AI era, report finds

Executives at Hong Kong’s largest listed companies have a severe lack of technological expertise, with fewer than 1 per cent of directors possessing dedicated artificial…

By Samantha Johnson / September 30, 2026

Executives at Hong Kong’s largest listed companies have a severe lack of technological expertise, with fewer than 1 per cent of directors possessing dedicated artificial intelligence or cybersecurity skills, according to a new report by Grant Thornton Hong Kong.

The firm’s 15th annual Corporate Governance Review – which surveyed 100 major listed firms on Hong Kong’s Hang Seng Composite Index – found that 59 per cent of companies view cybersecurity or AI as principal business risks. Yet only 11 per cent had established specialised board committees to oversee digital threats and technology integration.

These gaps have persisted despite the introduction of updated Hong Kong Exchanges and Clearing (HKEX) Corporate Governance Code standards last year, which introduced mandatory director training, board skills matrices and stricter overboarding limits.

“While overall disclosure quality on HKEX has improved, there remains a disconnect between acknowledged risks and technical expertise at the top,” said Barry Tong, head of advisory at Grant Thornton Hong Kong.

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