At HKEX’s Future Tech Summit, Peng Wenjun, CEO of Hong Kong’s Office for Attracting Key Enterprises, said Hong Kong has drawn over 124 firms in just over three years, with planned investment of about 730 billion yuan and an expected 25,000 jobs. The city has received 600,000 high-end talent applications, of which 400,000 have been approved. Policy moves to support industry include creation of CMPR — described as a Hong Kong FDA-equivalent regulator — and a dedicated office to speed drug and devi

At HKEX’s Future Tech Summit, Peng Wenjun, CEO of Hong Kong’s Office for Attracting Key Enterprises, said Hong Kong has drawn over 124 firms in just over three years, with planned investment of about 730 billion yuan and an expected 25,000 jobs. The city has received 600,000 high-end talent applications, of which 400,000 have been approved. Policy moves to support industry include creation of CMPR — described as a Hong Kong FDA-equivalent regulator — and a dedicated office to speed drug and device entry into Hong Kong hospitals. On AI and compute, Hong Kong has built a public supercomputing center; in March Runze launched a large compute project in Hong Kong expected to deliver 180,000 P of capacity within 42 months, and the city plans to found an AI research institute this year. In new manufacturing and clean energy, CATL has opened its sixth global R&D centre in Hong Kong. Authorities are also promoting energy efficiency, microelectronics and third-generation semiconductor development.