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Hong Kong SAR Chief Executive Lee Ka-chiu delivered his second policy address during his term of office on 26 October. People from all walks of life in Hong Kong believe that the report demonstrates the people-oriented policy philosophy of the HKSAR Government. A number of new I&T infrastructure projects will introduce greater impetus to promote Hong Kong's digital economy. Measures such as lowering the stamp duty on stocks and reviewing the spreads between stocks and bid-ask spreads proposed in the Policy Address are conducive to promoting the liquidity of the Hong Kong stock market.

Hong Kong will start to develop the Hong Kong Park of the Loop Cooperation Zone in four aspects. Hong Kong will introduce a number of emerging strategic industries to set up pilot transformation bases in the park. A national laboratory under construction in the HKSAR is planned to be located in the Park. The Park will open up a test field for institutional and policy innovation, said Sun Dong, secretary for innovation, technology and industry of Hong Kong Special Administrative Region Government, at the "Science and Technology + Overseas Link Innovation Forum"

CI&T Inc (NYSE:CINT – Get Free Report) was up 2.5% during mid-day trading on Tuesday . The stock traded as high as $6.46 and last traded at $6.46. Approximately 2,681 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 124,052 shares. The stock had previously closed at $6.30. […]

A few days ago, the State Council issued the Development Plan of Shenzhen Park of the Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone of the Loop. Chan Kwok-kee said at the press conference on the same day that the Loop Co-operation Zone plays an important role in Hong Kong's future I&T development. He said that the HKSAR Government will, as always, maintain close ties and strengthen cooperation with Shenzhen, especially on the basis of "one district, two parks"

One of the biggest hurdles in Hong Kong’s quest to attract talent and become a technology and innovation hub is housing, and not just home prices. The San Tin Technopole’s importance to the city’s economic growth means the government cannot afford to repeat mistakes like those made when planning Tin Shui Wai.