Paul Chan, the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Government, remarked that the nation is making significant strides toward achieving high-level technological self-sufficiency and strength. He emphasized that Hong Kong's financial market is well-positioned to offer vital capital support to cutting-edge tech enterprises based in the Mainland. By the close of the previous year, Hong Kong had already become the listing hub for over 400 new economy companies. Looking ahead, it is anticipated that a succession of leading-edge tech companies, which have applied to go public this year, will choose Hong Kong as their preferred destination.
Chan expressed Hong Kong's enthusiastic welcome to these innovative companies, encouraging them not only to list and raise funds in the city but also to establish research and development centers. Furthermore, he urged them to convert their research outcomes into practical applications and set up advanced manufacturing facilities within Hong Kong. Seizing this golden opportunity, the HKSAR Government is committed to fostering a more vibrant and thriving innovation, technology, and industrial ecosystem. This strategic move is expected to propel Hong Kong's economic development toward higher quality and sustainability.
