Hong Kong government

A South China Morning Post opinion piece examines how Hong Kong is pursuing a new solution to its long-running land value problem. The city has struggled for years with extremely high property prices driven by scarce land supply, making land policy a persistent political and economic issue. The article outlines the approach being tried and debates what it could mean for housing affordability and government revenue.

Hong Kong's Financial Secretary Paul Chan said the government expects to finalise deals with companies from strategic sectors in the coming months. The statement signals the city's push to attract investment in priority industries as it works to reinforce its position as a regional financial and business hub. Details of which firms or sectors are involved have not yet been disclosed.