Range Intelligent Computing Technology Group Co., a Chinese data center operator, is seeking a loan of approximately HK$20 billion ($2.6 billion) to develop what would become Hong Kong's largest computing facility, according to sources familiar with the matter. The ambitious project signals significant expansion plans for the company in the Asian data center market.

The proposed facility represents a major investment in Hong Kong's digital infrastructure landscape. At $2.6 billion, the loan amount underscores the scale of development planned for the region. This project would position Hong Kong as a key player in the global data center ecosystem, potentially attracting additional tech investments to the area.

Market observers note that the loan request comes amid growing demand for data processing capabilities across Asia. The development could create substantial opportunities for construction and technology vendors serving the data center sector. Sources familiar with the matter indicate the financing discussions are currently ongoing, with no final decision announced.