Hong Kong Commerce and Industry Bureau: As of the end of September, the total number of local companies and non-Hong Kong companies registered under the Companies Ordinance has reached a record high.

At today's (22nd) meeting of the Hong Kong Legislative Council, the acting Director of the Hong Kong Commerce and Economic Development Bureau, Chan Pak-lai, provided a written response indicating that as of the end of September this year, the total number of locally registered companies and non-Hong Kong companies under the Companies Ordinance reached 1,519,103 and 15,614 respectively, both setting a new record. Chan Pak-lai stated that according to the annual statistical survey conducted jointly by Invest Hong Kong and the Government Census and Statistics Department, the total number of companies with overseas parent companies in Hong Kong reached 9,960 in 2024, also setting a new record. This includes 1,410 regional headquarters, 2,410 regional offices, and 6,140 local offices. In terms of the top five source countries, they are Mainland China (2,620 companies), Japan (1,430 companies), the United States (1,390 companies), the United Kingdom (720 companies), and Singapore (520 companies). In terms of the major business sectors in Hong Kong, the top five are import and export trade, wholesale and retail industry (4,730 companies), financial and banking industry (2,020 companies), professional, commercial, and educational services (1,530 companies), transportation, warehousing, and courier services (730 companies), and information technology services (500 companies). Chan Pak-lai added that from 2023 to September this year, Invest Hong Kong has assisted over 1,400 mainland Chinese and overseas companies in setting up or expanding business in Hong Kong, expecting to bring about approximately 194 billion Hong Kong dollars in direct investment and create over 20,000 job opportunities, thereby achieving the performance targets set in the 2022 Policy Address (requiring to attract at least 1,130 companies to set up or expand business in Hong Kong from 2023 to 2025, bringing in not less than 77 billion Hong Kong dollars in direct investment and creating not less than 15,250 job opportunities).