Chen Maobo: Hong Kong has become an important support point for the international development of mainland Chinese technology enterprises.
Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan Mo-po, stated in a blog post on the 21st that mainland hard-tech companies choosing Hong Kong as a strategy for international development demonstrate trust and recognition of Hong Kong's role as a hub for international investors and a connection point between Chinese technological innovation and global capital. Chan Mo-po mentioned that mainland tech enterprises are eager to connect with global capital and expand international partnerships, and their expectations of Hong Kong have surpassed being just a financing platform. Hong Kong's common law system, free flow of capital, governance standards aligned with international practices, and a global network of investors provide solid support for these enterprises to quickly adapt to international markets. For mainland tech enterprises, Hong Kong is a gateway to the world; for international capital, Hong Kong is the best window to understand China's innovation and technology. As more and more hard-tech companies choose to conduct their initial public offerings or secondary listings in Hong Kong, international investors can more directly participate in the rapid growth of China's tech industry, while companies can enhance their international competitiveness within Hong Kong's regulatory framework and market discipline. This interaction illustrates Hong Kong's role as a "super connector" and "super value-creator." Chan Mo-po pointed out that as the Greater Bay Area and the Yangtze River Delta deepen regional coordinated development during the "14th Five-Year Plan" period, Hong Kong is becoming an international support point for these two rapidly growing regions. From fundraising through listings to becoming financial centers, from protecting intellectual property to the allocation of international talent, Hong Kong's professional service system allows science and technology enterprises to be better "understood", "recognized", and "appreciated." Chan Mo-po stated that with solid support from the country, Hong Kong's economy has grown for three consecutive years, with comprehensive growth in the first half of this year. Hong Kong's institutional and international advantages, combined with the country's advantages in technological innovation and industries, mutually empower each other, giving Hong Kong an irreplaceable and unique position in global technological innovation competition.
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