Cai Wensheng: The AI-Web3 Entrepreneurship Center He Built Has Reached Full Capacity, Providing the Industry with a Better Entrepreneurial Environment

On November 4th, Meitu's founder Cai Wensheng declared at Hong Kong Fintechweek 2025 that the previous investment of HK$650 million to purchase the entire building in Tin Hau and establish an AI-Web3 startup center was mainly to make a statement. The aim is to offer an incubation space for startups in the core of Hong Kong. The building is just one minute away from the subway station and provides convenient dining and accommodation facilities. Currently, the building is fully occupied by AI and Web3 companies. Cai hopes that other real estate developers will also seize this trend and provide a better entrepreneurial environment for Hong Kong's AI and Web3 industry. Hong Kong's rich talent pool has already laid the groundwork for the future incubation of startups. Cai also hopes that the government can provide more guidance to the private and industrial sectors to support the development of the AI and Web3 industries. Cai Wensheng also pointed out that the market value of native cryptocurrencies is currently around $4 trillion, and there is potential for it to increase by at least 10 times in the next 10 years. Even if the market value reaches $40 trillion in the future, there is still room for growth compared to the trillions of traditional assets. Earlier, on May 1st, it was reported that Cai Wensheng had acquired the entire commercial building in the Tin Hau area of Hong Kong, which was targeted at the Ginza-style commercial building on Tin Hau Road, "PARK AURA." The property was completed in 2020, with 25 floors (from the basement to the 24th floor), and a single floor area of approximately 2,041 square feet, with a total floor area of about 53,000 square feet. Cai Wensheng plans to transform the building into an AI-Web3 startup center: the 1st and 2nd floors will be used as an AI-themed café (similar to a garage café model) with a lecture space for AI technology. Some floors will be designated as AI-Space shared office space, available for Hong Kong entrepreneurs to apply for free. The remaining floors will be planned as studios in the AI and Web3 fields.