A new batch of 18 key enterprises were today welcomed to Hong Kong at a ceremony held by the Office for Attracting Strategic Enterprises (OASES), with Financial Secretary Paul Chan officiating.

In a speech, Mr Chan said that the new batch of firms brings not only investment and employment but also transformative ideas and technologies that will serve to further enrich Hong Kong’s fast-evolving innovation and technology ecosystem.

“The enterprises joining us today represent a wide spectrum of cutting-edge industries – from leading global pharmaceutical firms to trailblazers in generative AI, autonomous driving, and microelectronics. They also include leading pioneers in new media and Web3 technologies.”

Mr Chan added that the number of strategic enterprises which having been attracted to Hong Kong has now surpassed 100, and that the influx has brought in over $60 billion in investment and created about 22,000 quality jobs.

“Beyond numbers, they also bring transformative ideas, world-class expertise, global perspectives, and a spirit of innovation that will further enrich our fast-evolving innovation and technology ecosystem,” he said.

The Financial Secretary also highlighted that this is the first time for Hong Kong to welcome cultural and creative enterprises that integrate technology with artistry and entertainment.

“This is an initiative announced in this year’s Budget, and I am delighted to see it becoming a reality.”

Director-General of the OASES Peter Yan stressed that the latest batch of strategic enterprises includes three of the world’s top 10 pharmaceutical companies, demonstrating Hong Kong's strong international appeal in innovation and life and health technology.

He said the presence of leading pharmas aligns with the latest Policy Address and supports the city’s development as a key base for clinical research and drug innovation.