Plans to attract more high value-added industries including advanced manufacturing and pharmaceutical companies will also help prospects for Hong Kong. That may give the city’s equities a further lift.
Hong Kong’s construction and tech firms are set to get a boost as the government aims to speed up the development of the Northern Metropolis project.
The city is accelerating work on a cross-border tech hub that spans 300 square kilometres, Chief Executive John Lee said in his annual speech on Sept 17. This will provide a prospective growth driver for a fragile economy.
