According to the Hong Kong Business Daily, Meitu founder Cai Wensheng bought the whole commercial building in Tin Hau for about 650 million Hong Kong dollars. The transaction target is the "PARK AURA" Ginza-style commercial building in Tin Hau Road. The property was completed in 2020, with a height of 25 floors (ground floor to 24th floor), a single floor area of about 2041 square feet, and a total floor area of about 53,000 square feet.
Cai Wensheng posted on social media that he plans to make the building an AI-Web3 entrepreneurship center: there will be an AI-themed cafe (similar to the garage coffee model) on the 1st and 2nd floors, with AI technology lecture space. Some floors are set up as AI-Space co-working areas, which are free for Hong Kong entrepreneurs to apply for. The rest of the floors are planned as studios in the field of AI and Web3.
Meitu founder Cai Wensheng spent 650 million Hong Kong dollars to buy the whole building of Tiantian Commercial Building, which will build AI-Web3 Entrepreneurship Center
2025-05-01 15:15:45
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