Hong Kong is eager to compete for talents and enterprises, and has set up an innovation and technology guidance fund

Today's topic of stock financing information

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Hong Kong is competing for talents and has set up an innovation and technology guidance fund

Hong Kong's anxiety is also the common anxiety of many cities across the country - the wave of industrial upgrading is magnificent, either grasping the right to speak, or falling behind.

John Lee released his 2024 Policy Address, which outlined a new blueprint for Hong Kong.

Among them, many contents left a deep impression on the outside world: the establishment of a 10 billion science and technology innovation fund; Allocate $1.5 billion to match with the industry to set up a joint fund; development of a low-altitude economy; Promote the listing of large Mainland enterprises in Hong Kong..... At the same time, Hong Kong has increased its competition for talents, and 9 mainland universities have been added to the "High Talent Pass", including the National People's Congress, Beihang University, Beijing Institute of Technology, Beijing Normal University, Nankai University, and Sichuan University, and so far 22 mainland university graduates have been opened to "settle down".

Looking back on the past, Li Jiachao has a lot of feelings about the changes in Hong Kong's science and technology innovation: "The Hong Kong Investment Management Co., Ltd. was established for the first time to use government funds to promote industrial and economic development...... Grab talents, grab enterprises, and the achievements have been widely recognized. ”

Like many mainland cities, Hong Kong is also in the race for emerging industries.

1. Set up a 10 billion yuan innovation and technology industry guidance fund.

The HKSAR Government will set up a fund of funds to strengthen the guidance of market funds to invest in designated strategic emerging and future industries, including life and health technology, artificial intelligence and robotics, semiconductors and smart devices, advanced materials and new energy, etc., to systematically build an I&T ecosystem.

2. Optimize the innovation and technology venture capital fund.

Allocate $1.5 billion to match with the industry to set up a joint fund. Invest in start-ups in strategic industries to further enhance Hong Kong's start-up ecosystem.

3. Give full play to the patient capital strength of the Hong Kong investment company.

Channeling and leveraging market capital to attract I&T enterprises to set up and take root in Hong Kong.

Of course, consolidating and enhancing Hong Kong's status as an international financial centre remains a top priority. Specifically, it will start from enriching offshore RMB business, strengthening its position as an international risk management center, strengthening its position as an international asset and wealth management center, expanding the market and deepening its overseas network, optimizing the securities market, facilitating cross-border financial arrangements for citizens, establishing an international gold trading market, and enhancing the green financial ecosystem.

In terms of wealth management, Hong Kong will seek to cooperate with large sovereign wealth funds in the Middle East and other regions to jointly fund the establishment of funds to invest in assets in the Mainland and other regions. and enhance the New Capital Investment Entrant Scheme to increase the types of eligible transactions for funds and single-family offices that are eligible for tax concessions.

Enhance the securities market, including exploring new overseas funds, seeking listings of enterprises, and enhancing listing approvals, etc., to promote the listing of large mainland enterprises in Hong Kong, and strive to achieve more landmark IPOs in the short term.

Among them, Tagong Wenhui quoted information from Legislative Council member Shang Hailong that the nine mainland universities newly included in the "High Talent Pass" are Chinese Renmin University, Beijing University of Aeronautics and Astronautics, Beijing Institute of Technology, Beijing Normal University, Southeast University, Nankai University, Tianjin University, Tongji University and Sichuan University.

Hong Kong has also introduced a number of star companies such as Black Sesame Intelligence, Biqian Technology, Yuanhua Intelligence, Horizon Robotics, and Multi-point that are familiar to the venture capital circle.

In recent years, Hong Kong has vigorously promoted the development of innovation and technology (I&T) and set up an I&T Guidance Fund to compete for global technology talent for the following reasons:

Promoting economic transformation and "re-industrialisation": Hong Kong is facing the problem of "industrial hollowing out", with traditional manufacturing industries shrinking, and technology and innovation industries are seen as important drivers of future economic growth. In order to achieve "re-industrialisation", Hong Kong is actively developing high-end manufacturing and technological innovation, and promoting industrial upgrading through the introduction of talents and enterprises

Enhancing international competitiveness: Hong Kong has certain advantages in international innovation and technology (I&T), such as life and health technology and artificial intelligence, which has attracted many tech giants and start-ups. In order to remain competitive, the Hong Kong government has introduced a number of incentives, including R&D grants and tax incentives for enterprises

Accelerate the development of the I&T ecosystem: The Hong Kong government has set up the I&T Guidance Fund to nurture local I&T talent and attract global tech talent by attracting top international talent and funding postgraduate and research projects. At the same time, the expansion of the Science Park and the Hong Kong-Shenzhen Innovation and Technology Park has provided more room for development of technology enterprises

Through these initiatives, Hong Kong hopes to occupy a leading position in the collaboration of the Guangdong-Hong Kong-Macao Greater Bay Area and become an international I&T hub and talent hub.

EquityEasy Information: Technology, Capital and Economic Dynamics

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Apple is reported to have secretly partnered with BYD to develop long-range electric vehicle batteries

According to people familiar with the matter, Apple has worked with BYD for years to develop long-range batteries for its now-canceled car program. People familiar with the matter said that Apple and Shenzhen-based BYD joined forces around 2017 to build a battery system using lithium iron phosphate batteries. According to people familiar with the matter, the technology developed by Apple and BYD should have been highly customized for Apple's planned models. In the secret partnership, Apple engineers bring expertise in advanced battery packs and thermal management, they said. BYD has contributed manufacturing technology and the latest advancements in the use of lithium iron phosphate batteries.

The all-solid-state battery boom is fading, and auto giants are considering alternatives to semi-solid-state batteries

The push to commercialize all-solid-state batteries for electric vehicles is well underway, but analysts say auto giants may be on the cusp of shifting to another technological change. Solid-state batteries have long been hailed as the "holy grail" of sustainable driving. As the name suggests, solid-state batteries contain a solid electrolyte made from materials such as ceramics. This makes them different from conventional lithium-ion batteries that contain a liquid electrolyte. Theoretically, this next-generation technology has a higher energy density per unit volume than lithium-ion batteries. Proponents say it will provide safer, cheaper, more powerful batteries for electric vehicles, as well as faster charging times.

Tesla's press conference was difficult to convince investors, but industry pioneers said that Musk had mastered the key factors

Driverless car industry pioneer Anthony · Lewandowski said that Tesla and Musk currently have an extraordinarily strong position in the field and may even be ahead of Waymo in some key aspects. Last week, United States Tesla released driverless taxis and driverless vans. Many analysts were disappointed by the lack of details, and Tesla's stock plummeted 8.78% the next day to its lowest level in nearly a month. Lewandowski said that while he has some reservations, he is still optimistic about Musk's vision for the future of Tesla and the world. He agreed that Musk would only use vision to achieve autonomous driving, rather than using "expensive sensors", and said that full self-driving seems to be within reach.

The following is today's equity financing events compiled by [Equity Finance Easy Information] for you

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Xingdong Era completed nearly 300 million yuan in Pre-A round of financing

On October 16, it was reported that the embodied intelligence company "Xingdong Era", which was born in Tsinghua University, recently completed nearly 300 million yuan of Pre-A financing, and this round of investment was jointly led by Qingliu Capital, Yuanjing Capital, and Alibaba, followed by Ceyuan Capital, and the old shareholders Lenovo Venture Capital, Century Jinyuan, Jinding Capital, Zeyu Capital, and Qingkong Tiancheng continued to pursue the investment.

"Juntong Future" completed an angel round of financing of tens of millions of yuan

On October 16, it was reported that Hangzhou Juntong Future Technology Co., Ltd. (hereinafter referred to as "Juntong Future") recently completed an angel round of financing of tens of millions of yuan. This round of financing was co-led by Delian Capital and The Link Ventures.

Heluo Xintu received refinancing

Recently, Heluo Xintu announced the completion of a new round of financing, which will be mainly used to promote the optimization of the production process and clinical trials of regenerated platelet cells at the clinical level, and accelerate the research and development of other innovative products and pipelines.