Hong Kong draws over 310 firms and HK$26 billion in capital, InvestHK head says
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latest: 18 May- Diplomatic17 May, 06:38
Hong Kong draws over 310 firms and HK$26 billion in capital, InvestHK head says
More than 310 enterprises from mainland China or abroad have established or expanded operations in Hong Kong by early May, bringing in more than HK$26 billion (US$3.3 billion) in capital in the first year of operation, according to the government agency tasked with attracting foreign investment. Casting a positive light on stabilising Sino-US relations following the Xi-Trump summit, InvestHK director general Alpha Lau Hai-suen said Hong Kong must proactively adapt to the changing international...
- Economic18 May, 09:15
Hong Kong earmarks additional HK$5 billion for national security
Hong Kong authorities have allocated HK$5 billion (US$638 million) in funding for efforts to safeguard national security, bringing the total amount earmarked for this purpose to HK$18 billion over the past five years, an official document has revealed. The South China Morning Post’s check on the government’s general revenue expenditure accounts for the financial year ending in March 2026, showed a non-recurrent expenditure of HK$5 billion earmarked for a “special fund to meet the expenditure for...
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