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business & economy
InvestHK assists 375 companies in another record year

A total of 375 companies from 36 economies set up or expanded in Hong Kong in 2015, with assistance from Invest Hong Kong.

Invest Hong Kong (InvestHK) assisted 375 overseas and mainland China companies to set up or expand in Hong Kong in 2015. This number represents an all-time high and a year-on-year increase of 5.6%.

InvestHK Director-General of Investment Promotion Dr. Simon Galpin said 2015 was another record year for InvestHK in terms of the number of companies assisted. "Despite ongoing challenges in the global economy, Hong Kong continues to attract overseas and Mainland investors because of its enduring advantages and emerging business opportunities,” he said.

Highlights of the 2015 results

The 375 companies came from 36 economies. The Mainland continued to lead with a total of 78 companies, followed by the U.S. with 49, the U.K. (36), Japan (31) and France (20).

For the first time, InvestHK helped companies from Latvia and Seychelles set up in Hong Kong. The companies are a bank representative office and a food-and-beverage trading and manufacturing group, respectively.

In terms of emerging subsectors, the department assisted a growing number of companies in the Internet of Things and financial technology industries (19 in 2015 compared with nine in 2014).

InvestHK also assisted 69 startups, which represented 18.4% of the companies helped in 2015. They were mainly from France, the U.S. and the U.K. (10 from each). The department will continue to promote Hong Kong as one of the fastest growing startup ecosystems in the world.

 


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