Jake's View

Jake van der Kamp has been writing wide-ranging business columns for the South China Morning Post and Sunday Morning Post for more than a decade. A longtime Hong Kong resident, he started as a Post business reporter in 1978, soon made a career change to investment analyst and then returned to the newspaper in 1998 as a financial columnist.

The Hong Kong budget earmarked HK$20 billion for the Hong Kong Shenzhen Innovation and Technology park. And that’s just for starters. But this poses the question of why Hong Kong should pay for it when Shenzhen will be the principal beneficiary

The tale of murkiness that is the Lok Ma Chau Loop

Of the HK$50 billion budgeted [for innovation], HK$20 billion will be earmarked for the first ­ phase of the Hong Kong Shenzhen Innovation ­ and Technology Park in the Lok Ma Chau Loop, for infrastructure and initial operation and start-up costs.

SCMP, March 1