In this Aug 16, 2023 photo, the skyline of Hong Kong Island can be seen across Victoria Harbour as tourists throng the Avenue of Stars in Tsim Sha Tsui to enjoy a sunny afternoon. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong logged a record 41 percent increase in the number of foreign direct investments in…
Hong Kong attracted 41 per cent more mainland and foreign companies last year while winning a record HK$67.7 billion (US$8.7 billion) of investment commitments, following a slew of incentives to help revive the economy, according to InvestHK. Some 539 mainland and overseas firms opened their operational bases in the city, up from 382 in 2023,…
Hong Kong’s investment promotion agency has launched a charm offensive tour to Europe, with the aim of attracting high-net-worth individuals to set up family offices in the city. A top InvestHK official, Charles Ng Siong-kwong, set off on Sunday and will visit various major European cities over the coming week, including London, Milan, Lugano and…
KUALA LUMPUR, Malaysia, Oct. 30, 2024 /PRNewswire/ — Invest Hong Kong (InvestHK) and the Guangdong-Hong Kong-Macao Greater Bay Area Development Office (GBA Office) of the Hong Kong Special Administrative Region (HKSAR) will jointly host an exclusive business seminar on 8 November 2024 at the Ritz Carlton Hotel, Kuala Lumpur. InvestHK is proud to partner with…
Hong Kong’s uptake of hydrogen, hampered by limited supplies, high costs and infrastructure, can be solved by allowing logistics vehicles to fill up on the zero-emission fuel across the border, according to a start-up. Qian Wei, founder and CEO of Hong Kong-based H2 Solution, which markets hydrogen fuel cell systems overseas, said the city can…
Artificial intelligence is expected to outshine Web3 at this year’s FinTech Week, which kicks off at the end of the month, as organisers InvestHK and Finoverse tease a slate of mainland Chinese exhibitors looking to ride the generative AI wave. “[There is] a huge increase in mainland Chinese companies’ representation at this year’s event ……
Investors who applied to Hong Kong’s relaunched cash-for-residency scheme included some who may not stay in the long run but sought the status as a “stepping stone” for their business ventures or children’s education, immigrant consultants have said. The government reintroduced the Capital Investment Entrant Scheme with revised criteria in March, opening back up a…