Tencent's Ma proposes Bay Area-like tech zone in South China

Forward-thinking: Ma said that setting up a

Tencent Holdings Ltd’s chairman Ma Huateng proposed to build China’s own Bay Area equivalent with a technology zone in southern China that would include the financial centre of Hong Kong and gambling city of Macau. 

China’s fourth-richest man said on March 3 that setting up a “Guangdong-HK-Macau” technology area could help maintain stability in the two former colonies. Ma was speaking at a press conference two days before the National People’s Congress convenes in the capital to set the year’s agenda.