Runze Technology is reportedly seeking a loan of 200 Hong Kong dollars for its data center project in Hong Kong.

According to informed sources, Runze Zhisuan Technology Group Limited is seeking around HKD 20 billion in loans to build the largest computer facility in Hong Kong, China. The sources said that Runze Technology is in preliminary talks with several banks for a one-year loan, possibly in the form of a syndicated loan or multiple bilateral financing arrangements, to support the development of its data center project in the New Territories of northern Hong Kong. They added that discussions with the lenders are still in the early stages and may be subject to change.