Hong Kong Rushes Border Tech Hub as Firms Seek China Access

Hong Kong will create a special company this year to speed up construction of a major technology park near the mainland China border. Officials say several firms are already planning to move there. The project, called the San Tin Technopole, is a key part of Hong Kong's push to become an international innovation center. The new company will coordinate development to avoid delays. Permanent Secretary for Innovation Kevin Choi also revealed that new rules are being prepared. These measures will allow some companies in the hub to move research data and biological samples into mainland China more easily. This data flow is critical for life sciences and artificial intelligence firms that want to collaborate with partners or access markets across the border. The special policies are expected later this year.