Hong Kong to boost tech, financial services integration during AI boom: Paul Chan
Minister hails city’s role as global capital market for mainland Chinese tech firms, citing AI chipmaker Biren’s 82 per cent gains at debut
“We welcome these enterprises to list and raise capital in Hong Kong and also encourage them to settle in the city to establish research and development [R&D] centres, transform their research outcomes, and set up advanced manufacturing facilities,” Chan said on his weekly blog.
“We support them in establishing regional or international headquarters in Hong Kong to reach international markets and strategically expand across Southeast Asia and the globe.”
The Hang Seng Index kicked off 2026 with a bang, surging more than 700 points – a 2.8 per cent jump that marked its strongest opening since 2013.
Innovation and technology giants spearheaded the rise, with the Hang Seng Tech Index soaring by 4 per cent as investor appetite for AI-related stocks reached a fever pitch.