Hong Kong is flexing its economic muscles 💪 as business registrations hit record highs, with over 1.5 million local companies and 15,000+ overseas firms setting up shop in the city. HKSAR Chief Executive John Lee called it a "historic milestone" in a Sunday social media update, revealing the numbers reflect growing global confidence in Asia’s financial hub.
💰 Investment & Jobs Galore
From 2023-2025, Invest Hong Kong helped 1,333 companies expand locally, attracting HK$174 billion ($22B+) in first-year investments and creating 19,000+ jobs. Lee emphasized the city’s unique role as a bridge between global markets and the Chinese mainland, calling it a "dual-platform powerhouse."
🌏 Gateway to Opportunities
"Foreign firms use Hong Kong to tap mainland markets, while mainland companies trust us to go global," Lee said. The city’s stable consumer market and innovative services make it a prime testing ground for businesses eyeing cross-border expansion. Recent collaborations with Middle Eastern and ASEAN markets highlight its strategic reach.
🚀 What’s Next?
With plans to develop emerging markets and counter geopolitical challenges, Hong Kong aims to keep boosting employment and economic diversity. Lee teased more creative online-offline strategies to keep the momentum going. For young entrepreneurs and investors, this signals one thing: Hong Kong’s open for business—big time.
Reference(s):
Hong Kong sees record business registrations, says chief executive
cgtn.com