Sun Dong: Govt to enhance efficient collaboration among govt, industry, academic, research and investment sectors

Secretary for Innovation, Technology and Industry Sun Dong stated today (June 13) at the listing ceremony of XtalPi that the Hong Kong government will further enhance efficient collaboration among government, industry, academic, research, and investment sectors to help more enterprises develop in the city.

XtalPi is the first specialist technology company to be listed under Chapter 18C of the Listing Rules.

Sun stressed that one of the important directions for HK's future innovation and technology development is to encourage venture capital financing.

The addition of a new Chapter 18C "Specialist Technology Companies" can significantly assist innovation and technology enterprises in raising capital and financing, thereby supporting their rapid development in HK, he said.