Photo from Hugo WAI from Unsplash

InvestHK assists over 300 overseas and Mainland firms in 2023 

The expansions brought $61.6b in investment to HK's economy.

InvesrHK assisted 382 Mainland and overseas companies in setting up or expanding operations in Hong Kong last year, representing a 27% increase YoY.

The companies came from 45 economies. Mainland China recorded the most number of companies with 136, followed by the UK (48), the US (34), Singapore (27), and Australia (13).

The expansions brought Hong Kong’s economy $61.6b in investments and created over 4,100 job opportunities.

InvestHK prioritises sectors such as financial services, innovation and technology, and family offices.

“Hong Kong has been a natural first choice as a business base for many global multinationals and entrepreneurs alike as they have refocused on their Asian strategies following the COVID-19 pandemic,” Alpha Lau, Director-General of Investment Promotion, said.

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