Strategic firms establish HQ in HK

April 8, 2025

Financial Secretary Paul Chan:

Today, we celebrate the arrival of 18 new strategic enterprises in Hong Kong. These enterprises are engaged in artificial intelligence, life and health sciences, fintech and advanced manufacturing. Together with those in the previous batches, they will invest a total of about $50 billion and create over 20,000 jobs in Hong Kong in the coming years. Iam particularly pleased to note that all these new arrivals have planned to establish their global or regional headquarters, or research and development centres in our city.

We truly value your confidence in and commitment to Hong Kong. We treasure not only the investments, jobs and expertise that you bring to this city, but also the solutions that will transform people's ways of life and inspire new innovation. Your very presence supports our vision of becoming an international innovation hub.

Amid rising tides of unilateralism and protectionism, Hong Kong remains steadfast in our commitment to upholding our free-port status and free trade policy; ensuring the free flow of capital, goods, talent and information; maintaining a simple and low tax regime; and building a dynamic and vibrant innovation and technology ecosystem. Coupled with the best connectivity and seamless access to the Mainland and Asia markets, here is the best launchpad for realising your ambition.

Going forward, OASES will broaden its scope to attract also cultural and creative enterprises that can fuse innovation and technology with artistry. Through Hong Kong's platform, creative pioneers can indeed extend their reach across continents.

A new batch of 18 strategic enterprises, in the presence of Financial Secretary Paul Chan, committed to establishing global headquarters, regional headquarters or research and development centres in Hong Kong during a ceremony today held by the Office for Attracting Strategic Enterprises (OASES).

These firms come from high-tech industries such as advanced manufacturing and new energy technology, artificial intelligence and data science, fintech, and life and health technology.

In his speech, Mr Chan said that Hong Kong treasures not only the investments, jobs and expertise that the strategic enterprises bring to the city, but also their products and solutions that will transform people’s way of life and inspire new innovation.

Their presence supports Hong Kong’s vision of becoming an international innovation and technology (I&T) centre, he stressed.

“Amid rising tides of unilateralism and protectionism, Hong Kong remains steadfast in our commitment to upholding our free-port status and free trade policy; ensuring the free flow of capital, goods, information and people; maintaining our simple and low tax system; and building a dynamic and vibrant I&T ecosystem with a full range of funding support.

“Coupled with the best connectivity and seamless access to the Mainland and Asia markets, here is the best launch pad for realising your ambition.”

The Financial Secretary added that going forward, OASES will broaden its scope to attract cultural and creative enterprises that can fuse I&T with artistry. He also remarked that through Hong Kong’s platform, these firms can expand their businesses to various new markets.

Together with the 66 companies previously attracted to the city, the strategic enterprises will invest about $50 billion in total in the years to come, creating over 20,000 jobs. OASES, in collaboration with government departments, provides them with comprehensive services to facilitate their business set-up and operations, thereby promoting growth in the I&T sector and contributing to Hong Kong’s economic development.