InvestHK London

HAPPY HOLIDAYS clients and partners! We at Invest Hong Kong have one mission only - to continue to serve companies and investors with all our heart in the coming year, help you set up in Hong Kong, help you grow your business, in and beyond Hong Kong!

【Happy Festive Seasons from InvestHK】 As we approach the end of 2024, it’s time to relax and recharge with loved ones over the festive seasons. To my clients, colleagues and business partners: It was a pleasure working with you last year, and I'm looking forward to an even better year in 2025 deepening our collaboration. Looking back on the past year, having a passionate and stellar team is my biggest blessing. 2024 is a year of pride for Invest Hong Kong , and a very fruitful year despite the many challenges we still face in the global economy. Thanks to the professionalism and dedication of all of you, here in Hong Kong and across our global network, we have continued to demonstrate our strength and perseverance, and ultimately achieved a great year of results with growth across the board in the number of companies we helped set up or expand in Hong Kong, the FDI brought in, and jobs created. To our partners in the consulates, chambers of commerce, professional and finance sectors, industry associations, media friends, and other government colleagues, a heartfelt thanks. We captured opportunities together in a complicated world, to deliver unique values to our respective stakeholders, and helped inform and inspire the global business community on what a wonderful place Hong Kong is to do business in. Most of all, to our clients, we thank you for your trust, and I hope you have found success in Hong Kong. The Chief Executive, Mr. John Lee, recently announced the record-breaking numbers of companies and startups that have made Hong Kong home. The number of Hong Kong companies with parent companies overseas or on the Mainland reached 9,960 companies, an increase of 10% compared with last year. In addition, the 2024 StartmeupHK Survey shows the number of startups reaching a record high of 4,694, up 10% from last year. You are among them, so please do spread this great news with your friends and business contacts. In the coming year, InvestHK will celebrate our 25th birthday. With some ambitious strategic targets being set for 2025, I am very excited about the opportunities ahead as we plan for and embark on another vibrant year. Before that, let's all take some time to count our blessings and thank you once again for your hard work and amazing support. Happy holidays, safe travels, and a wonderful new year! * * * * * * * * * * * * * * * * * * * * * * * * * (Whether you are a colleague, client, or partner, do share your own favorite moments with InvestHK on social media, tagging it #InvestHK Or simply share this post on your own social media with your thoughts. )

Innovation and Technology Commission is the next Government department looking for fund managers to help manage its enhanced Technology Venture Fund (ITVF), after Hong Kong Investment Corporation's (#HKIC) request last month.  "Under the ITVF enhanced scheme, the Government will redeploy at most $1.5 billion (US$193 million) to set up funds jointly with the market, on a matching basis, to invest in start‑ups of strategic industries. We believe that through the integration of capital raised from the market, it will empower start-ups with more financing support, and help enrich the local innovation and technology (I&T) ecosystem," a spokesman for the Commission said. Investment focus areas are: (a) artificial intelligence and data science, (b) life and health technology, and (c) advanced manufacturing and new energy. Government will be one of the investors in the fund, and will match on a 1:3 (gov:other LPs) basis, with a contribution of HK$150 million (US$19 million) to HK$250 million (US$32 million) for each fund. Investee companies have to have (or will have) substantial functions in HK. Deadline for application: 19 March, 2025 StartmeupHK Invest Hong Kong #ai #datascience #airobotics #lifesciences #healthtech #biotech #sustainability #advancedmanufacturing #newenergy #greentech #vc #techinvestments #fundmanagers

🌟 Hong Kong Visit Part 2 (4–5 Dec): Insights from Hong Kong & Shenzhen As part of the Invest Hong Kong Annual Meeting Programme, all 34 global offices visited #HongKong and #Shenzhen — two of Asia's most vibrant innovation hubs. 💡Soft Landing for Start-ups: Platforms like Cyberport Hong Kong, HKSTP - Hong Kong Science and Technology Parks Corporation, and HSITP Hong Kong-Shenzhen Innovation and Technology Park offer international technology start-ups and companies ideal ecosystems for growth. With incubation programs and extensive support, these hubs are shaping the future of innovation beyond Hong Kong. 💡Kai Tak Sports Park: A transformative development poised to position Hong Kong as a premier destination for international sports and entertainment events. This landmark project will enrich Hong Kong’s sports and entertainment ecosystem. 💡 Northern Metropolis Development: This ambitious initiative spans four zones: - High-end Professional Services and Logistics Hub - Innovation and Technology Development Zone - Boundary Commerce and Industry Zone - Blue and Green Recreation, Tourism, and Conservation Circle Together, these zones create immense business opportunities for international companies. 💡 Shenzhen’s Growth: Shenzhen’s rapid ascent as a global technology hub is driven by impressive economic and innovation metrics. This trip reaffirmed the immense potential of Hong Kong and Shenzhen as catalysts for technology, business, and innovation. Very grateful to have gained firsthand insights and excited about the opportunities ahead! InvestHK London Mabel Lee

Excited to continue our supports for China-Britain Business Council ‘s Consumer Conference, at #Glasgow next. Look forward to sharing Hong Kong’s latest luxury consumer market insights, particularly on the impact of the new policy on tariff reductions on hard liquor. What does this mean for you and how it affects the logistics, retail ecosystems in the regions. Join us on 30 Jan! InvestHK London Mabel Lee Sindy Wong Rebecca Chan Benjamin Wong York IP

"Hong Kong’s transformation into Asia’s premier family office hub is not just a story about flourishing numbers. It is a testament to the city’s unique position as a bridge between East and West, tradition and innovation, all built on a century-old foundation of wealth management." #familyoffice #hongkong #wealthmanagement #uhnw https://lnkd.in/dbwZypu9

Record high numbers of companies and start-ups affirm Hong Kong's increasing attractiveness to businesses   According to the results of the 2024 Annual Survey of Companies in Hong Kong with Parent Companies Located outside Hong Kong and the 2024 Startup Survey released by the Government on 17 December 2024, the number of companies in Hong Kong with overseas or Mainland parent companies rose to 9,960 in 2024, while the number of start-ups in Hong Kong increased to 4,694, both reaching record highs. The results demonstrate that Hong Kong is becoming increasingly attractive to businesses and remains an ideal place for Mainland and overseas enterprises to set up or expand their operations. #hongkong #startups More https://lnkd.in/eCrx-U56 

What a way to wrap up the year — record-breaking numbers of companies and startups have made Hong Kong their home. Cheers to the amazing Invest Hong Kong team and a huge thank you to all our partners. Onwards and upwards in 2025! 𝐑𝐞𝐜𝐨𝐫𝐝 𝐡𝐢𝐠𝐡 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐨𝐟 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐟𝐟𝐢𝐫𝐦 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐚𝐬 𝐚 𝐠𝐫𝐞𝐚𝐭 𝐩𝐥𝐚𝐜𝐞 𝐭𝐨 𝐝𝐨 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 Hong Kong is on a strong growth track after the pandemic, as shown in the record-high numbers from the “2024 Annual Survey of Companies in Hong Kong with Parent Companies Located outside Hong Kong” and the “2024 Startup Survey”. The survey results are a strong testimony to these corporates’ confidence in Hong Kong as a city that is a preferred international hub with unique access to Mainland China. The number of Hong Kong companies with parent companies overseas or on the Mainland reached 9,960 companies, an increase of 10% compared with last year. While factors such as global economic uncertainties, a fundamental shift in market behaviour after the pandemic, and geopolitical tensions have affected companies’ expansion plans, Hong Kong is, as always, resilient, and has maintained its unique advantages and attractiveness to the international and Mainland business community. In addition, the 2024 Startup Survey shows the number of startups reaching a record high of 4,694, up 10% from last year. These startups hired 17,651 personnel, up 7%. The impressive results show that the Hong Kong SAR government’s measures to support these new emerging sectors have seen continuous success. #InvestHK #HongKong

𝐑𝐞𝐜𝐨𝐫𝐝 𝐡𝐢𝐠𝐡 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐨𝐟 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐟𝐟𝐢𝐫𝐦 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐚𝐬 𝐚 𝐠𝐫𝐞𝐚𝐭 𝐩𝐥𝐚𝐜𝐞 𝐭𝐨 𝐝𝐨 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 Hong Kong is on a strong growth track after the pandemic, as shown in the record-high numbers from the “2024 Annual Survey of Companies in Hong Kong with Parent Companies Located outside Hong Kong” and the “2024 Startup Survey”. The survey results are a strong testimony to these corporates’ confidence in Hong Kong as a city that is a preferred international hub with unique access to Mainland China. The number of Hong Kong companies with parent companies overseas or on the Mainland reached 9,960 companies, an increase of 10% compared with last year. While factors such as global economic uncertainties, a fundamental shift in market behaviour after the pandemic, and geopolitical tensions have affected companies’ expansion plans, Hong Kong is, as always, resilient, and has maintained its unique advantages and attractiveness to the international and Mainland business community. In addition, the 2024 Startup Survey shows the number of startups reaching a record high of 4,694, up 10% from last year. These startups hired 17,651 personnel, up 7%. The impressive results show that the Hong Kong SAR government’s measures to support these new emerging sectors have seen continuous success. For more details of the survey results, please download the report here: https://lnkd.in/g7QjTKdE #HeadquartersEconomy #Startup #HongKongBusiness

Our office , InvestHK London and Hong Kong Economic and Trade Office, London (London ETO) jointly organised a client gratitude reception at The Dorchester on 11 Dec, with participants from the UK Government, and financial, innovation and technology and business sectors joined. The speeches by the Director-General of the London ETO, Gilford L. and Head of InvestHK London, Daisy I. provided a very comprehensive policies updates including: -the reduction of criteria for HK companies to enjoy preferential treatment under latest CEPA amendment -the commencement of the Three-Runway System at Hong Kong International Airport,  -the reduction of liquor duty  -the automatic extension of general commercial, residential and industrial land leases  -the latest regulated stablecoin initiatives -the new Kai Tak Sports Park for international sports events and entertainment industries Our hearts are filled with gratitude for the incredible support and presence of each attendee. We sincere appreciate your unwavering support. It was inspiring to witness the coming together of like-minded individuals passionate about Hong Kong ‘s success.