‘Huge funds’ for tech hub, incentives for aerospace sector in Hong Kong budget: sources

Hong Kong’s finance chief will earmark substantial funds for a new innovation hub near the border with mainland China and include incentives to attract more aerospace players to the city in his budget, government sources have said. Highlighting innovation as a key theme of Financial Secretary Paul Chan Mo-po’s budget speech to be delivered on Wednesday, the insiders told the South China Morning Post that the blueprint would provide significant impetus to the new San Tin Technopole. The...

By Olga Wong,Matthew Cheng,Theodora Yu