The government has proposed promoting the development of the cultural and creative industries with the goal of establishing Hong Kong as an East-meets-West center for international cultural exchange. They also emphasized the establishment of an I & T ecosystem, focusing on developing AI and related technologies to drive growth across industries. Some entertainment companies have seized the opportunities brought by new technologies, introducing metaverse concerts and AI virtual singers to the Hong Kong market. Additionally, technology companies have created AI virtual artistes for real-world advertising campaigns, aiming to capture a market share. With the emergence of Web 3.0, businesses are exploring innovative ways for audience-artiste interactions, expanding markets and exploring their economic benefits. Can the integration of new technologies and business models enhance Hong Kong's cultural exports and strengthen its soft power? What additional support do these enterprises need to take their endeavors to the next level?