Hong Kong Investment Promotion Bureau: A new batch of key enterprises will settle in Hong Kong or expand their business in Hong Kong. Future investments may reach HKD 73 billion.

According to GMTEight AP, on April 20th, the Key Enterprises Office in Hong Kong held a signing ceremony for key enterprises, welcoming a new batch of 22 key enterprises to establish in Hong Kong or expand their business in Hong Kong. These key enterprises are expected to bring a total investment of approximately HK$73 billion in the next few years, and create around 25,000 jobs, covering high-end scientific research and management positions, injecting strong impetus into the industrial upgrade and talent development in Hong Kong. Among these key enterprises, many are "billion-dollar giants" with a market value of over HK$100 billion. The list includes the world's top ten and top twenty pharmaceutical companies, all of which are leaders in the fields of life and health technology. It also includes leaders in advanced microprocessor manufacturing, general artificial intelligence, smart mobility technology, global innovative electric vertical take-off and landing aircraft (eVTOL), leading low-altitude economic infrastructure, digital asset custody and wallet infrastructure, and internationally renowned game development sectors. Paul Chan Mo-po warmly welcomed the new batch of key enterprises to settle in Hong Kong. He said at the ceremony, "Our key enterprises are continuously enriching Hong Kong's innovation and technology ecosystem. Many enterprises have established strategic partnerships with local universities, enterprises, and research institutions, some have collaborated with Hong Kong hospitals to apply cutting-edge technology to improve patient treatment and care; some are conducting experiments with advanced technology in Hong Kong, introducing innovative applications in areas such as autonomous driving and smart finance, using Hong Kong as a base to expand globally." He pointed out that many key enterprises that have settled in Hong Kong before have established global or regional headquarters, as well as research and development centers in Hong Kong, actively settling in the Northern Metropolitan Area and the Greater Bay Area, making good use of close ties and collaborative advantages with Shenzhen and the entire Greater Bay Area. He said, "The settlement of key enterprises is a win-win situation. On one hand, these enterprises bring investment to Hong Kong, create jobs, and bring innovative applications that benefit society; on the other hand, Hong Kong provides these enterprises with the platform and connections needed to go global, including quality financial and professional services, as well as support for talent." He added, "This year's Budget proposes to advance the 'AI+' and 'Financial +' strategy. In terms of 'AI+', we will accelerate the application of artificial intelligence in different industries, and explore how AI can further empower Hong Kong's innovative research and development ecosystem. In terms of 'Financial+', we will better leverage Hong Kong's advantages as an international financial center, supporting companies at different stages of development and growth. For example, we are advancing further reforms of the listing system to help technology companies raise funds more effectively in Hong Kong." As one of the new batch of key enterprises, Pfizer Inc., the research pharmaceutical company from the United States, pointed out that Hong Kong has world-class universities, excellent research and development talent, and innovative drug registration systems such as the "1+" mechanism, making Hong Kong an ideal gateway for drug research innovation and providing fertile ground for the development of biopharmaceuticals, prompting Pfizer Inc. to further deepen its investment in Hong Kong. At the same time, Hygon Information Technology, a leading company in high-end processor (CPU) and accelerator (DCU) manufacturing with a market value exceeding HK$500 billion, emphasized that it will use Hong Kong as a strategic base to drive the development of the domestic computing ecosystem, leverage Hong Kong's unique advantages to expand its business, empower "new quality production", and promote the high-quality development of the digital industry. Additionally, the global-leading eVTOL technology innovation company Peak Flying Aviation Technology stated that Hong Kong, as a "super connector" linking mainland China and international markets, is an ideal gateway for companies to expand their businesses, and will actively promote new industrialization and smart transportation in the "15th Five-Year Plan" in Hong Kong. China's leading circular economy industrial enterprise, Transfar Group, said it will use Hong Kong as a global hub to land core technologies and deepen cooperation, create a green benchmark for innovation and technology, promote the development of smart cities and the digital economy, and help China's circular economy model go global. Chen Jingxin, Director of the Key Enterprises Office in Hong Kong, stated that half of the new batch of key enterprises come from overseas, fully demonstrating that in a complex global environment, Hong Kong is still the preferred location for industry giants. He pointed out that these key enterprises will become powerful engines driving economic growth and industrial development, consolidating Hong Kong's role as a "super connector" and "super value-added person" between mainland China and the international stage.