CoinVoice has recently learned from the Hong Kong Commercial Daily that Meitu founder Cai Wensheng has purchased the entire commercial building in Tin Hau for approximately HKD 650 million. The transaction involves the Tin Hau Avenue-style commercial building 'Park Aura,' which was completed in 2020, has a height of 25 floors (from basement to 24th floor), a floor area of approximately 2,041 square feet, and a total floor area of about 53,000 square feet.
Cai Wensheng posted on social media stating that he plans to transform the building into an AI-Web3 entrepreneurship center: the 1st and 2nd floors will host an AI-themed café (similar to the garage café model), along with a space for AI technology lectures. Some floors will be designated as AI-Space shared office areas, available for free use by Hong Kong entrepreneurs. The remaining floors are planned to be studios in the AI and Web3 fields. [Original link]