Hong Kong: A Strategic Gateway for Mainland Enterprises to Go Global
Hong Kong SAR has the potential to serve as a key investment and financing hub, supporting the development of Shanghai and other mainland businesses and enabling them to expand globally by leveraging Hong Kong’s unique resources and position.
Currently, over 1,400 mainland companies are listed on the Hong Kong Stock Exchange, with nearly 200 originating from Shanghai, together representing a total market value exceeding HK$2 trillion ($257 billion).
Both Hong Kong SAR and Shanghai play crucial roles as gateways for China, facilitating connections between international and domestic markets.
The collaboration between Hong Kong SAR and Shanghai can be further strengthened in areas such as global talent attraction, services, and employment, advancing the development of talent hubs in both regions.
For mainland companies aiming to enter global markets, Hong Kong SAR provides a strategic advantage for capital raising. Its access to multiple international currencies further streamlines cross-border business operations.
At a recent promotion conference, Invest Hong Kong, under the HKSAR government, signed agreements with several Shanghai enterprises to foster deeper cooperation.
This year, more than 300 Hong Kong companies participated in the China International Import Expo, promoting high-quality Hong Kong goods and services and representing about one-tenth of the total number of exhibitors.
With a mission to bridge opportunities between the two cities, a recent forum assembled a distinguished panel of speakers to discuss Hong Kong’s strengths and prospects across various sectors. The event attracted over 500 participants, including many entrepreneurs. A similar forum held in Beijing in September was also met with success.
A total of 52 Hong Kong companies joined the two exhibitions, showcasing Hong Kong’s latest developments in sectors like food, innovative technology, professional services, and logistics.