
Financial Secretary Paul Chan Mo-po said leading firms from emerging industries are expected to receive preferential policy packages and set up operations in Hong Kong within the next couple of months, as part of efforts to attract investment.
AI-generated summary
Hong Kong is seeking to attract international and national brands and strategic enterprises through dedicated preferential arrangements to boost investment.
A handful of leading firms from emerging industries are expected to receive preferential policy packages and set up operations in Hong Kong within the “next couple of months”, the city’s finance chief has said, as part of efforts to attract investment.
In an exclusive interview with the South China Morning Post, Financial Secretary Paul Chan Mo-po provided an update on the city’s drive to draw international and national brands and strategic enterprises to set up business in Hong Kong through dedicated preferential arrangements.
“We are in close discussions with a few. We hope to conclude this as soon as possible and make the announcement. The target is in the next couple of months,” Chan said.
AI outlook — possibilities, not facts
Announcement of preferential policy packages for leading firms from emerging industries
Likely · Within weeks

From January to August, a total of 312.81 billion yuan of local government special bonds, bank loans, and social capital were implemented for water conservancy construction across the country, of which 13.43 billion yuan of private capital was introduced, a year-on-year increase of 80.1%. Guangdong Qinglong Pipe Industry Co., Ltd. participated in the Guangdong Water Resources Allocation Project around the Beibu Gulf, customized and produced large-diameter pipe jacking and pre-installed chips to achieve pipe traceability. The company stated that it will continue to do technology research and development and market development, and integrate into the overall situation of national water conservancy construction.

Canadian snowshoe brand SOREL will officially set up a branch in Taiwan in 2026. In the second half of this year, it will be the first to open a limited-time pop-up concept store on the fifth floor of A11, Shin Kong Mitsukoshi Xinyi Xintiandi, Xinyi District, Taipei, displaying classic CARIBOU™ WP snowshoes and a variety of urban functional shoes, with the theme of "For Bold Steps", and the "Ice Frozen Shoes Device" popular on the streets of New York to attract customers.

After U.S. diesel prices soared to record highs, the Trump administration is seriously considering a diesel export ban. Goldman Sachs' model shows that although the ban may initially reduce domestic diesel prices in the United States, diesel storage tanks will approach their upper limit after 9 to 10 weeks. Refinery production cuts may lead to a decrease in gasoline supply, pushing up U.S. retail gasoline prices. At the same time, diesel prices in Europe and Latin America may rise. Prices will rebound after the ban is lifted, and global inventories may not be able to recover immediately. Instead, Goldman Sachs is bullish on European gasoline in 2027, as high diesel profits will indirectly compress gasoline supply.

CapitaLand Investment plans to divest S$6 billion in assets and establish a dedicated fund management entity to double assets under management to S$10 billion by 2029 through new REITs, funds, partnerships, and joint ventures, following a resolved leadership dispute between chairman Kwek Leng Beng and CEO Sherman Kwek.

Citing data from the Asian Development Bank, the Ministry of Finance pointed out that in 2023, Taiwan's average full-time tax staff will serve 2,583 people, which is higher than South Korea, Japan and China; female tax staff account for 77.2%, and female supervisors account for 73%, both ratios are significantly higher than most Asia-Pacific economies; senior staff (with more than 20 years of service) account for 44.4%, and audit verification investigation staff account for more than half.

Korea Investment Private Equity (KIPPE) announced that it will combine the capital of Korea Investment Financial Group and its own funds to establish an investment platform with a scale of 1 trillion won, focusing on infrastructure areas such as artificial intelligence data centers, power generation facilities, energy storage systems and high-speed communication networks to accelerate the large-scale investment required for the development of AI.