Hong Kong will roll out targeted measures to attract precious metals companies as part of broader efforts to establish itself as a premier global gold trading hub, according to the city’s agency tasked with attracting foreign direct investment. InvestHK will assist companies setting up headquarters in Hong Kong with site selection and applications for overseas…
Hong Kong’s cash-for-residency scheme has attracted about HK$95 billion (US$12 billion) from more than 1,700 investors over the past two years, with around two-thirds of the approved capital channelled into authorised funds and equities, the latest figures from InvestHK show. The government’s investment promotion arm on Monday released the figures for the New Capital Investment…
More than half of the 560 businesses that Hong Kong’s investment arm helped set up or expand into the city last year were from mainland China, according to an official statement. The total number of businesses gaining a foothold in the city in 2025 represented a 4 per cent increase from the previous year’s figure,…
Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese…
Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese…
Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin….
All official exchanges between Hong Kong and Japan should respect the nation’s dignity and align with the benefits of Hongkongers, the city leader has said as he raised doubts over the effectiveness of such interactions amid an ongoing diplomatic dispute between Beijing and Tokyo. Chief Executive John Lee Ka-chiu’s remarks came on Monday, after it…
Three in five multinational companies expect costs to rise due to ongoing geopolitical uncertainties, which is spurring their adoption of artificial intelligence and smart manufacturing to offset financial pressure, according to a Standard Chartered survey on Wednesday. About 62 per cent of top executives surveyed predicted cost increases of 5 to 14 per cent in…
Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first…
Hong Kong can help European companies tap promising markets in Asia, particularly mainland China, by leveraging the city’s unique advantages and its booming financial market, according to two firms that are using bases of operations in the city to further expand in the region. Italian-owned food importer and distributor Bright View and French fintech firm…