The Hong Kong government, led by Financial Secretary Paul Chan, is set to announce the sixth batch of strategic enterprises, featuring companies with market capitalizations over HK$100 billion and a leading global life and health technology firm for clinical research. This latest group, focusing on sectors like AI and new energy materials, aims to enhance Hong Kong’s international standing in medical R&D. The Office for Attracting Strategic Enterprises (OASES) has already secured over 100 firms, notably with more than half listed and many establishing R&D centers and regional headquarters in the city. These enterprises have contributed HK$22.5 billion in investments and created over 8,000 jobs. The government is committed to attracting more high-quality businesses and nurturing local startups to foster a competitive industrial landscape.
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Link to original article source: https://www.thestandard.com.hk/news/article/329705/HK-to-announce-new-batch-of-strategic-enterprises-with-multiple-100bn-giants-Paul-Chan
