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John Lee: Over 120 Tech Firms Have Moved Into Hong Kong Park in Loop

Hong Kong Chief Executive John Lee said on Nov. 1 that more than 120 innovation and technology companies and institutions have moved into the Hong Kong park of the Loop Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone. In a video address to the opening of the 2026 Greater Bay Area Science Forum, Lee said the park will develop in coordination with the adjacent San Tin Technopole and link with industrial supply chains across the Greater Bay Area.

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AI take

The Loop park's occupancy milestone matters less as a headcount than as a test of whether Hong Kong can convert cross-border policy coordination into a functioning tech cluster. Lee's framing ties the park's prospects to the San Tin Technopole and Greater Bay Area supply chains, meaning its success depends on integration that has historically been the hard part. For companies weighing Hong Kong as a mainland-facing base, the open question is whether the park's institutional links translate into real commercial flows rather than ribbon-cutting optics.

Generated by AI for reference only.

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