Paul Chan to lead delegation to Middle East at end of October, promoting HK's latest developments

Financial Secretary Paul Chan published a blog today (Oct. 6), mentioning that the Office for Attracting Strategic Enterprises will announce a new list of strategic enterprises next month. This list will involve more than ten enterprises, with over half from artificial intelligence and big data fields. They are from the mainland, the United States, Europe, and so on, some of which are leading enterprises in their respective sectors.

Chan stated that Hong Kong's listing system is continuously undergoing reform and innovation, which not only enhances the attractiveness and vitality of the Hong Kong stock market but also positions Hong Kong as a preferred listing destination for many innovation and technology companies. Listing more innovative and high-quality companies in Hong Kong will enrich the industry composition of local listed companies and attract more long-term investors. A thriving capital market will also attract more quality enterprises, creating a positive cycle.

He also announced that he will lead a delegation of representatives from the financial and innovation sectors to the Middle East at the end of this month to promote Hong Kong's latest developments as an international financial, trade, and innovation center. The delegation will highlight Hong Kong's unique advantages and functions under the "One Country, Two Systems" principle and new opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative. Deepening multi-level exchanges and cooperation between Hong Kong and the Arab Gulf countries will bring more mutually beneficial business opportunities for investors and enterprises in both regions.

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