Intellectual Property Trading

90.    As an international business centre, Hong Kong is well placed to become a premier IP trading hub providing high value-added IP services in the region.  I shall earmark $23 million in the coming three years for offering IP consultation, manpower training and other services to SMEs.  As regards tax deduction for capital expenditure incurred on the purchase of IP rights, I shall consider extending the scope to cover more types of IP rights as appropriate.