Hong Kong's property and technology firms may gain momentum under Chief Executive John Lee's first five-year plan, unveiled alongside his annual policy address. The blueprint pledges a sharp increase in innovation spending and faster development of the Northern Metropolis region. Expansion of development-ready land supply in the northern part of the city is also prioritized.

Baby-product makers stand to benefit from measures designed to encourage childbirth, while tobacco companies and traditional power producers may face headwinds. The strategy aims to rebalance the economy toward high-tech growth and sustainable infrastructure.