In recent years, with the comprehensive advantages of industrial agglomeration, basic research and development, and financial center integration, Hong Kong has launched the "Science and Technology Enterprise Special Line", introduced multiple key science and technology innovation enterprises, and prepared to establish an artificial intelligence research and development institute. By fully leveraging traditional advantages such as international trade centers and shipping centers, as well as unique advantages in terms of rules and standards that are in line with the world, the Hong Kong science and technology innovation ecosystem has flourished, and capital, technology, and talent have accelerated their gathering, injecting strong momentum into the Hong Kong economy's takeoff and overall development. Nowadays, Hong Kong is fully committed to building itself into an international innovation and technology center. As a "super contact" and "super value-added person" connecting China and the world, the development of innovative technology industries in Hong Kong can not only cultivate new growth points for the local economy and society, but also serve as a key measure for the national strategy of building a strong technological country. New ideas bring new atmosphere "In the past period of time, the Hong Kong SAR government has introduced a series of new policies and measures, which are driven by the transformation of the government's philosophy in guiding industrial development. ”Fang Ke, the research director of the Hong Kong "One Country, Two Systems" Research Center, said that the SAR government has shown a proactive attitude towards change by formulating the "Hong Kong Innovation and Technology Development Blueprint", promoting the "Industry University Research 1+Plan", and formulating and publishing the "Development Outline of the Hong Kong Park of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone", among other measures to attract enterprises and talents and improve the local science and technology innovation ecosystem. Hong Kong's innovation blueprint clearly suggests focusing on the development of technology clusters such as life and health technology, artificial intelligence and data science, advanced manufacturing and new energy technology. On this basis, the Hong Kong Microelectronics Research and Development Institute was established, the Artificial Intelligence Supercomputing Center was launched, and the first large-scale artificial intelligence model was released, with continuous highlights. The land use proposal for "Xintian Science and Technology City" announced two years ago was the first time that the SAR government explicitly stated that it would consider using land grant models other than open bidding to meet the development needs of the technology industry, which is a breakthrough in Hong Kong's land development process. The Innovation and Technology Fund provides direct funding for enterprises and highly educated talents, including up to HKD 15 million for each intelligent production line under the "New Industrialization Support Scheme", as well as funding for all technology companies and institutions currently or intending to conduct research and development activities in Hong Kong under the "Research Talent Pool". Chen Shaobo, President of the Hong Kong non-governmental think tank "Zhengsi Hong Kong" and Director of the National Hong Kong and Macao Research Association, said that the economic development logic of the SAR government is undergoing significant changes. On the basis of efficient markets, efforts are being made to explore the "government's potential", while actively integrating into the overall national development situation, serving national strategies, and drawing new momentum from national development. The dividends brought by the two major transformations are gradually being released. Multiple advantages drive innovation. The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange recently released a joint announcement, announcing the official launch of the "Science and Technology Enterprise Special Line" to assist specialized technology companies and biotechnology companies in applying for listing, and allowing these companies to choose to submit their listing applications in a confidential form. Industry insiders believe that against the backdrop of a significant rebound in the Hong Kong IPO market, the launch of the "Science and Technology Enterprise Special Line" indicates that the Hong Kong stock market will deeply tilt towards the technology sector. This measure is conducive to accurately addressing the core pain points of specialized technology enterprises and will effectively reduce the pressure of early information disclosure for companies planning to IPO. The Hong Kong financial market provides important support for technology and industrial innovation. Meanwhile, technology and industrial innovation have also added new impetus to the Hong Kong stock market. Driven by the strong performance of technology stocks, the Hong Kong stock market has performed well this year, and the new stock market has become more active. The market estimates that the amount of funds raised by new stocks in Hong Kong this year is between HKD 130 billion and HKD 160 billion. Chen Shaobo stated that from the world's second-largest capital market for biotechnology financing to the cross-border research and development platform of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone, technological innovation is gradually becoming an important area for Hong Kong to leverage its own advantages and serve the country. Taking the biotechnology track as an example, the momentum generated by the combination of multiple advantages in Hong Kong is becoming apparent. ”He said that the implementation of Chapter 18A of the Hong Kong Stock Exchange Listing Rules has attracted a large number of biotechnology startups to choose to list in Hong Kong, which is the charm of Hong Kong as an international financial center. Hong Kong and mainland cities in the Guangdong Hong Kong Macao Greater Bay Area are accelerating their integration, and the biotechnology industry is gathering rapidly, forming a complete upstream and downstream industrial chain; Many universities in Hong Kong have established a large number of high-level platforms in the field of life sciences, gathering a large number of high-level talents. This is the advantage that Hong Kong can utilize in the agglomeration of emerging industries and cutting-edge basic research and development in the Greater Bay Area. Ark stated that relying on its free port policy, common law system, and internationally competitive tax environment, Hong Kong continues to attract global innovation factors. Under the institutional advantage of "One Country, Two Systems", Hong Kong can deeply integrate into the world-class urban agglomeration of the Guangdong Hong Kong Macao Greater Bay Area, while maintaining seamless integration with the international innovation system, thus playing an irreplaceable role in the national scientific and technological development layout. Multiple measures should be taken simultaneously to build a nest and attract phoenixes. Several observers have pointed out that in the future, Hong Kong should rely on its own advantages to focus on the high value-added parts of the industrial chain. By prioritizing the introduction of leading technology enterprises to settle in Hong Kong, and then relying on settled enterprises to attract talents to come to Hong Kong. Only by comprehensively optimizing policies such as education, industry, and talent can we better serve the national science and technology strategy. Since the introduction of the "grabbing enterprises" policy in 2022, Hong Kong has taken multiple measures to accelerate the implementation of this policy. The 84 key enterprises introduced by the Special Administrative Region government in recent years are expected to invest approximately HKD 50 billion in Hong Kong in the coming years, creating over 20000 job opportunities. These key enterprises involve advanced manufacturing and new energy technology, artificial intelligence and data science, financial technology and other fields. The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated that key enterprises bring investment, employment opportunities, and technology to Hong Kong, supporting Hong Kong to become an international innovation and science center. At the same time, they also bring products and solutions that can change lifestyles and stimulate innovation, which are all highly valued by Hong Kong. To attract more science and technology innovation enterprises and talents to Hong Kong, the SAR government will also launch a series of new measures: establish a HKD 10 billion "Innovation and Technology Industry Guidance Fund" to strengthen the guidance of market funds to invest in designated strategic emerging and future industries; Launching the HKD 180 million "Innovation Accelerator Pilot Program" to attract professional start-up service organizations from home and abroad to establish accelerator bases in Hong Kong; Reserve HKD 1 billion to establish the Hong Kong Artificial Intelligence Research and Development Institute; Reserve HKD 100 million to launch the 'Manufacturing and Production Line Upgrade Support Pilot Program'... 'Hong Kong's science and technology innovation has a promising future and broad prospects.'. ”Chen Shaobo said that Hong Kong is unleashing its creativity and development vitality, and the path from governance to prosperity is becoming wider and wider. 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