Financial Secretary Paul Chan Mo-po said there will be announcements soon regarding steps to attract strategic enterprises to Hong Kong in the wake of his a three-day visit to Shanghai. "I believe there is some good news to be announced in the near future in terms of attracting strategic enterprises," he said. Chief Executive John Lee Ka-chiu noted in his policy address in October that the administration would set up an Office for Attracting Strategic Enterprises to be led by Chan in an attempt to lure businesses from the mainland and overseas by offering them special facilitation measures and one-stop services. Members of the office, set up in December, have met over 150 technology firms and industry leaders, authorities said. Chan also gave a speech at the World Artificial Intelligence Conference in Shanghai, saying the SAR is committed to attracting AI firms and talents.