Financial Secretary Paul Chan outlined Hong Kong's economic strategies, technology priorities, and financial growth at the CPA Australia Congress Hong Kong 2026 on October 29, 2026.
Five-Year Plan and Finance Focus
According to the Hong Kong SAR Government, Financial Secretary Paul Chan spoke at the CPA Australia Congress Hong Kong 2026. Chan highlighted the city's first Five-Year Plan released last month, which sets development direction and goals through 2030 to provide a clear framework for policymaking and investment.
Chan stated that IPOs in Hong Kong raised approximately HK$388 billion in the first nine months of the year, more than double the amount from the previous year. He also noted that the region arranged about US$77 billion in green and sustainable finance debt last year.
Innovation and Technology Priorities
The Financial Secretary pointed to innovation and technology as a second key priority under the Five-Year Plan. He mentioned that the Northern Metropolis initiative aims to integrate education, research, talent, and enterprises to create a new growth engine.
In the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, authorities are strengthening cooperation in clinical research, drug regulation, and cross-boundary data flows to attract international pharmaceutical companies.
Key facts and where they come from
- IPOs in Hong Kong raised about HK$388 billion in the first nine months of the year.
In the first nine months of this year, IPOs (initial public offerings) in Hong Kong raised some HK$388 billion
- Total green and sustainable finance debt arranged in Hong Kong last year reached about US$77 billion.
Last year, the total amount was about US$77 billion.
- Hong Kong released its first Five-Year Plan last month to set development direction through 2030.
Last month, we released our very first Five-Year Plan, setting out our development direction and goals through 2030.
