Remarks by FS at media session
Following are the remarks by the Financial Secretary, Mr Paul Chan, at a media session after attending LIV Golf 2026 Hong Kong today (March 8):
Ladies and gentlemen, thank you for coming to the LIV Golf event. I'm very pleased to be here. This year we have attracted some 57 renowned players from 16 different countries and regions. In addition to that, we have attracted 14 000 visitors from overseas. With the support of the "M" Mark scheme, this is the third year we host this wonderful event. As you have noticed, this is indeed a wonderful venue - very beautiful and also very historical. With the other attractions of Hong Kong, I am sure the players and visitors will have a memorable experience in this city. We are doing our best to organise different events - cultural, sports and others - to attract more international visitors so that they can see for themselves our vitality and vibrancy, while also showcasing to the world the attractions of Hong Kong. In the coming weeks, we are going to have many more events, and throughout the year, there are more to come. So, please stay tuned to our different events and attractions, and enjoy the city.
(Please also refer to the Chinese portion of the remarks.)
The Financial Secretary, Mr Paul Chan, meets the media today (March 8) at LIV Golf 2026 Hong Kong. Source: HKSAR Government Press Releases
Director-General of OASES visits Strategic Enterprise Biren Technology's exhibition centre to explore innovative computing solutions
The Director-General of the Office for Attracting Strategic Enterprises (OASES), Mr Peter Yan and the Executive Director, Mr Bryan Peng, visited the new exhibition centre set up by strategic enterprise Biren Technology at Cyberport today (March 9) to gain a deeper understanding of the company's latest business development and future strategic plans in Hong Kong. Both sides also exchanged views on promoting the development of Hong Kong's artificial intelligence (AI) industry and computing infrastructure.
The general-purpose computing on graphics processing units (GPGPU)chips andGPGPU-based intelligent computing solutions developed by Biren Technology, have provided core computing power for AI, delivering high-efficiency and versatile accelerated computing capabilities to large data centres in multiple regions. In 2023, Biren Technology became one of the first batch OASES strategic enterprises. After establishing its presence in Hong Kong, Biren Technology set up its regional headquarters and research and development (R&D) centre, and has fully leveraged the city's role as an international innovation and technology hub to actively expand its business. At the same time, Biren Technology has worked closely with the Chinese Mainland's innovation ecosystem, focusing on upstream AI research, mid- and downstream results transformation, and the expansion of application scenarios. Through accumulating cutting-edge experience, the company is driving the continuous development of Hong Kong's AI industry and accelerating talent cultivation.
Biren Technology has continued to expand its business and was listed on the Main Board of Hong Kong Exchanges and Clearing Limited in January 2026, becoming the first GPU enterprise to listed in Hong Kong. Biren Technology has also established a new exhibition centre to showcase its latest AI computing products and solutions.
During the visit, Mr Yan stated that Hong Kong is committed to developing innovation and technology (I&T). The Hong Kong Special Administrative Region (HKSAR) Government is actively investing in the Northern Metropolis and through tax incentives, research funding and talent policies, is attracting more strategic enterprises with leading technologies in AI and computing power to develop in Hong Kong. These measures are highly aligned with the strategic direction set out in the National 15th Five-Year Plan to accelerate the development of an international I&T centre and promote collaborative innovation in the Guangdong-Hong Kong-Macao Greater Bay Area. Mr Yan further noted that the 2026-27 Budget has identified AI as a priority, introducing the "AI+" policy framework, including the establishment of the Committee on AI+ and Industry Development Strategy, to enhance computing infrastructure, promote talent cultivation, and transform research outcomes, thereby further strengthening Hong Kong's AI industry ecosystem. These policies complement existing I&T platforms, providing enterprises with a more favourable environment for growth. Mr Yan stressed that since Biren Technology established its presence in Hong Kong, the company has fully leveraged the city's combined strengths in international finance, professional services and I&T. It has continued to expand in the Chinese Mainland markets including the Greater Bay Area. Biren Technology's development in Hong Kong not only demonstrates the city's attractiveness, but also contributes to the accelerated growth of the local AI industry chain and computing ecosystem.
The Chairman of the Strategy Committee of Biren Technology, Mr Allen Li, said, "Establishing our presence in Hong Kong marks an important step in Biren Technology's global strategic layout. Hong Kong offers the dual advantages of an international platform and a capital market, providing an ideal environment for the R&D and commercialisation of our GPGPU chips and intelligent computing solutions. With the comprehensive support of the HKSAR Government and the OASES, we are rapidly integrating advanced computing infrastructure into the local ecosystem. Looking ahead, the company will continue to use Hong Kong as a bridge to bring the Chinese Mainland's independently innovated AI technologies to the world, while working closely with the HKSAR Government to actively align with the country's overall development strategy."
Looking forward, the OASES will continue to strengthen support for strategic enterprises, driving the robust development of the AI and computing industries in Hong Kong. Biren Technology expansion not only demonstrates Hong Kong's strong appeal on the international I&T stage, but also underscores the city's strategic position under the National 15th Five-Year Plan and the "AI+" policy framework set out in the 2026-27 Budget. Hong Kong will continue to leverage its unique advantages of being backed by the Motherland and connected to the world, actively serving as a "super connector" and "super value-adder" to support the country in building an international I&T centre.
Director-General of OASES visits Strategic Enterprise Biren Technology's exhibition centre to explore innovative computing solutions Source: HKSAR Government Press Releases
Director-General of OASES visits Strategic Enterprise Biren Technology's exhibition centre to explore innovative computing solutions Source: HKSAR Government Press Releases
Director-General of OASES visits Strategic Enterprise Biren Technology's exhibition centre to explore innovative computing solutions Source: HKSAR Government Press Releases
Director-General of OASES visits Strategic Enterprise Biren Technology's exhibition centre to explore innovative computing solutions Source: HKSAR Government Press Releases
