Despite being heavily sanctioned by the US, Hong Kong aims to establish itself as a major international technology hub. It seeks to bypass US technological containment by deepening partnerships, particularly with the Chinese mainland.

Hong Kong holds the unwanted distinction of being the most US-sanctioned territory in China, with more than 300 entities blacklisted by Washington in a bid to curb Beijing’s technological rise. But the government maintains that a backlash from Washington will not stop Hong Kong from becoming an international technology hub, in line with an initiative that seeks to bypass technological containment through deepened partnerships with the mainland. Anchored by the cross-border Hetao Shenzhen-Hong...