Hong Kong a ‘strategic adaptation ground’ for mainland Chinese tech giants: Paul Chan

Mainland Chinese technology giants in cutting-edge fields are increasingly treating Hong Kong as a “strategic adaptation ground” to transform themselves into global multinational enterprises, the city’s finance chief has said. Following his trip to attend a forum and visit tech companies in Shanghai and Nanjing last week, Financial Secretary Paul Chan Mo-po said on Sunday that mainland technology companies expanding into international markets had moved beyond simply exporting products. “By...

By Lam Ka-sing