Hey fam, big news from Hong Kong! The city just crossed a huge milestone… Over 1.5 million local companies by the end of July, plus 15,000 non-Hong Kong companies registered – a new historical high! 🚀
John Lee, chief executive of the HKSAR, shared that from January 2023 to July 2025, Invest Hong Kong helped 1,333 enterprises set up or expand, attracting HK$174 billion (approx. US$22.17 billion) in first-year direct investment and creating more than 19,000 new jobs. Talk about a major job boost! 💼
So what's driving this wave? It's Hong Kong's unique dual-platform function: a launchpad for global businesses to tap into the Chinese mainland market and a springboard for enterprises on the other side to explore overseas opportunities. 🌏
Many foreign brands are scaling up here, while Chinese mainland enterprises team up with the 'Hong Kong squad' to break into emerging markets. Two power moves in one city – pretty sweet, right? ⚡
Amid economic transformation, Lee highlights the need for fresh, creative services and products – think hybrid online-offline strategies that vibe with today's consumers. With its stable, high-potential market, Hong Kong is the perfect test ground for companies eyeing the Chinese mainland. 💡
On top of that, the HKSAR government is actively working with business sectors to scout markets from the Middle East to ASEAN members. Next up: tapping more emerging markets, diversifying investment portfolios, and staying savvy around geopolitical twists. 🔄
If you're a young entrepreneur or early pro in South or Southeast Asia, keep an eye on Hong Kong. It's buzzing with opportunities, job growth, and a global network ready to connect you to the next big thing. Keep hustling and stay curious! 🙌
Reference(s):
Hong Kong sees record business registrations, says chief executive
cgtn.com
