Cai Wensheng: The AI-Web3 Startup Center we created is now fully occupied, providing a better entrepreneurial environment for the industry.

At the 2025 Hong Kong Fintech Week, Cai Wensheng, founder of Meitu, stated that the company had previously purchased an entire commercial building in Tin Hau, Hong Kong, for HK$650 million, aiming to create a startup hub focused on AI and Web3.

This move is intended to be a pioneering initiative, providing incubation space for startups in a prime location in Hong Kong. The building boasts a superior location, just a one-minute walk from the MTR station, and is surrounded by comprehensive dining and accommodation facilities.

Currently, the entire building is fully leased, with all tenants being AI and Web3-related companies. Cai Wensheng called on more real estate developers to seize this trend and jointly create a better entrepreneurial environment for Hong Kong's AI and Web3 industries.

He pointed out that Hong Kong's abundant talent pool has laid a solid foundation for the future cultivation of startups, and also hoped that the Hong Kong SAR government could provide more guidance to the private sector and industry to support the development of related innovative enterprises.

Cai Wensheng also mentioned that the current total market capitalization of native cryptocurrencies is approximately US$4 trillion, and it is expected to achieve at least a tenfold increase over the next ten years. Even with a market capitalization of $40 trillion, compared to the hundreds of billions of dollars in traditional assets, there is still considerable room for growth.

A previous report on May 1st indicated that the property purchased by Cai Wensheng is the Ginza-style commercial building "PARK AURA" on Tin Hau Road. Completed in 2020, the property has 25 floors (including the ground floor to the 24th floor), with each floor approximately 2,041 square feet, for a total floor area of approximately 53,000 square feet.

According to the plan, the building will be transformed into an AI-Web3 startup center:

floors 1 and 2 will house an AI-themed café (operating similarly to a "garage cafe"), and will include shared space for AI technology lectures;

some floors will be designated as AI-Space shared office space, free for Hong Kong entrepreneurs to apply for; the remaining floors will be entirely planned as studios in the AI and Web3 fields.