Hong Kong's first five-year plan focuses on new growth engines, with HK$388 billion raised in IPOs in the first nine months of 2026
Hong Kong's Financial Secretary Paul Chan stated on Thursday that the city's first five-year plan provides a clear framework for policymaking and investment, urging businesses to understand government strategies. Chan highlighted finance, and innovation and technology as two connected priorities in the plan, which was unveiled last month. He noted that Hong Kong raised HK$388 billion in IPOs in the first nine months of 2026, more than double the amount from a year earlier. The government's "Finance+" approach aims to develop new growth engines, support new industries, and finance Hong Kong's green transition, leveraging its close connection with mainland China to bring technologies to market and attract international capital.
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