The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and immediately published the “Chief Executive's 2026 Policy Address”. Li Jiachao announced in the “Policy Address” that the HKSAR Government will step up its support for local start-ups and is expected to officially launch the “Innovation and Technology Industry Guidance Fund” within this year. Currently, about 20 fund management companies have been initially selected, and funds are being raised to establish sub-funds. In addition, the HKSAR Government has set aside an additional HK$1 billion for the “Innovation and Technology Venture Capital Fund” optimization plan to select more fund management companies to participate.

Zhitongcaijing · 2d ago
The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, announced the “First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region” and immediately published the “Chief Executive's 2026 Policy Address”. Li Jiachao announced in the “Policy Address” that the HKSAR Government will step up its support for local start-ups and is expected to officially launch the “Innovation and Technology Industry Guidance Fund” within this year. Currently, about 20 fund management companies have been initially selected, and funds are being raised to establish sub-funds. In addition, the HKSAR Government has set aside an additional HK$1 billion for the “Innovation and Technology Venture Capital Fund” optimization plan to select more fund management companies to participate.