Hey news lovers! 🌟 Hong Kong Special Administrative Region (HKSAR) chief executive John Lee has just announced a huge milestone: by the end of July, the city has over 1.5 million local companies and 15,000-plus overseas firms registered — both historic highs! 🚀
From January 2023 to July 2025, Invest Hong Kong helped 1,333 enterprises set up or expand, drawing in HK$174 billion (around US$22.2 billion) in direct investment within their first year and generating more than 19,000 new jobs. Talk about growth! 📈
So, what’s making Hong Kong such a magnet for businesses? Lee highlights the city’s unique dual-platform role:
- Connecting overseas investors to the Chinese mainland market 🌏
- Helping Chinese mainland enterprises explore opportunities abroad ✈️
Major global brands are scaling up here, while mainland companies trust the “Hong Kong team” to navigate fresh markets. This synergy is fueling local economic transformation and creating job opportunities across sectors.
Looking ahead, innovation is key. Lee urges entrepreneurs to think outside the box with new services and products, blending online and offline strategies to meet evolving market tastes. With a dynamic consumer base, Hong Kong is a perfect testing ground for businesses aiming to enter the Chinese mainland market.
Plus, the HKSAR government is teaming up with business sectors on both sides of the border to tap into markets in the Middle East and ASEAN. Next up: exploring even more emerging markets, balancing investment portfolios, and tackling geopolitical challenges head-on. 💪
With its record-setting momentum, Hong Kong offers huge opportunities for entrepreneurs, investors, and students alike. The city’s vibrant ecosystem is set to fuel the next wave of global collaborations and market breakthroughs. 🚀
Reference(s):
Hong Kong sees record business registrations, says chief executive
cgtn.com
