On April 20, the Office for Attracting Strategic Enterprises (OASES) of the Hong Kong Special Administrative Region Government held a signing ceremony, welcoming a new batch of 22 strategic enterprises to establish or expand their operations in Hong Kong. This group includes several industry leaders with market capitalizations exceeding HKD 100 billion.
Established by the Hong Kong SAR Government following the 2022 Policy Address, OASES focuses on attracting high-potential and representative global enterprises in five core areas: life and health technology, artificial intelligence and data science, advanced manufacturing and new energy technology, fintech, and cultural and creative technology.
The newly signed companies include firms ranked among the global top ten and top twenty pharmaceutical companies, all leaders in life and health technology. The cohort also encompasses benchmark enterprises in advanced microprocessor manufacturing, artificial general intelligence, smart mobility technology, global innovative electric vertical take-off and landing aircraft (eVTOL), low-altitude economy infrastructure, digital asset custody and wallet infrastructure, and internationally renowned game development.
At the ceremony, multiple companies expressed confidence in Hong Kong's business environment and development prospects. Pfizer Inc. stated that Hong Kong, with its world-class universities, high-quality R&D talent, and advantages such as its innovative drug registration system, is an ideal gateway for pharmaceutical innovation and pledged to deepen its investment footprint in the city.
Hygon Information Technology Co.,Ltd., a leading manufacturer of high-end processors and accelerators with a market cap exceeding HKD 500 billion, announced it will use Hong Kong as a strategic base for a domestic computing ecosystem, leveraging the city's unique advantages to expand its business and contribute to the development of new quality productive forces and high-quality digital industry construction.
Fengfei Aviation Technology, a leading global eVTOL technology innovator, highlighted Hong Kong's role as a "super connector" linking the Mainland and international markets, making it an ideal portal for global expansion. The company plans to actively promote new industrialization and smart transportation development in Hong Kong, supporting the city's low-altitude economy infrastructure.
To date, OASES has successfully attracted over 120 strategic enterprises. These companies are projected to invest approximately HKD 73 billion in Hong Kong over the coming years and create about 25,000 high-end research and management positions, providing strong support for Hong Kong's industrial upgrading, talent cultivation, and economic development.
Financial Secretary Paul Chan noted that the continuous arrival of strategic enterprises enriches Hong Kong's innovation and technology ecosystem. Many have already established global or regional headquarters and R&D centers in the city, with plans for the Northern Metropolis and the Hong Kong-Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop, fostering synergistic development with Shenzhen and the Greater Bay Area.
He emphasized that the corporate arrivals create a win-win situation: bringing investment, jobs, and innovation to Hong Kong, while the city provides a platform for global expansion, professional financial services, and talent support.
OASES Director Simon Galpin noted that half of the new batch of companies are from overseas, demonstrating that Hong Kong remains a preferred location for international giants even in a complex global environment. These enterprises are set to become vital engines for Hong Kong's economic growth and industrial development, further solidifying its core roles as a "super connector" and "super value-adder."