New strategic firms 'to help take HK to next level'

RTHK - Oct 22, 2026

Financial Secretary Paul Chan said on Thursday the latest batch of 18 strategic enterprises setting up shop in Hong Kong covered a wide range of industries and that the companies would help shape the next stage of development for the city. Speaking at a signing ceremony as the Office for Attracting Strategic Enterprises announced a seventh batch of incoming firms, he said half of these companies came from the mainland. “That diversity speaks volumes about Hong Kong's role – a place where businesses, talent, ideas from around the world come together to prosper,” he said. “Together with enterprises in earlier batches, the 142 strategic enterprises are expected to bring in some HK$84 billion in investments and create about 27,000 jobs.” Chan said the enterprises could help drive innovation, boost economic development and employment, and make lives better for the people. He said one of the new strategic firms developed an AI-empowered tool that enables timely medical intervention at hospitals, while another powered ahead with vehicle technologies aimed at advancing green and smart mobility in the region. “This is the kind of impact we would like to see,” Chan said. “We are determined to create conditions for more impact by connecting finance, research, talent and industry more effectively,...

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