A Shenzhen-based tech firm taking part in Hong Kong trade fairs is leveraging the city as a springboard for global expansion, with plans to list locally this year while using its computing power to help enter the North American market. Robert Chan Kwok-cheung, global strategy officer at EngineAI, said on Wednesday the company’s presence in…
When InvestHK’s director general Alpha Lau Hai-suen recently said that companies using Dubai as a hub had mostly shifted to Hong Kong after the outbreak of the Iran war, the instinct to leverage the city’s position as a safe haven for investment was understandable. Hong Kong should absolutely try to capture capital and talent unsettled…
Hong Kong is a stable base for global wealth as rising geopolitical tensions and economic uncertainties prompt wealthy families to rethink where they base their assets, according to Financial Secretary Paul Chan Mo-po. “We are living in a world marked by uncertainty and conflicts,” Chan said at the gala dinner of the Wealth for Good…
Hong Kong should leverage its position as a “safe haven for investment” to attract foreign capital amid the ongoing conflict in the Middle East, the head of InvestHK has said, noting that more companies using Dubai as a hub have shifted to the city to diversify risk. The call came as finance chief Paul Chan…
Middle East banks and wealthy investors are poised to increase their investments in Hong Kong amid geopolitical tensions to diversify their risk and capture growing opportunities in Asia, according to the head of InvestHK, the government agency tasked with attracting foreign investment. A couple of Middle East banks were in the process of setting up…
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…