ðŸ‡ðŸ‡° English, 20 October 2026, AI adoption
70% of Hong Kong's IPO Proceeds Attributable to AI-Related Companies
Financial Secretary Paul Chan notes AI-related companies drive Hong Kong's IPO proceeds, but warns of amplified market corrections.
Chan noted that while AI-related assets are driving growth, concentrating on them could lead to amplified market corrections across sectors and borders.
Geopolitical disruptions would also constrain fiscal space, he added.
Chan emphasized the need for sustained investment to translate technological advancement into productivity gains and wider AI adoption.