Hong Kong to Launch Program to Attract Foreign Talent

John Lee, the former security chief and current chief executive, delivered his first policy address focusing on national security and financial incentives to attract talent to Hong Kong. He emphasized restoring order and safeguarding national sovereignty. To counter the brain drain, he proposed a refund of the stamp duty for foreigners and mainland Chinese who stay for seven years, and introduced top talent visa schemes and an investment fund to consolidate government resources for talent retention.

What were the early references made by John Lee in his policy address?

How does John Lee plan to attract talent to Hong Kong?

What is the significance of the stamp duty refund mentioned in the address?

What are the top talent visa schemes mentioned in the speech?

What is the role of the Hong Kong Investment Corporation as described in the address?