At the seminar on "Utilizing Hong Kong's Advantages to Develop Overseas Markets" held on the 26th, the Hong Kong Invest Hong Kong encouraged mainland enterprises to use Hong Kong as a "training ground" and a "springboard" to expand into overseas markets.
The Director-General of Invest Hong Kong, Mr. Guo Peinian, believes that over the past decade, the global economic focus has shifted from the West to the East, with Asia becoming the engine of global economic development. Under these favorable conditions, an increasing number of mainland enterprises, in addition to overseas companies, are choosing to use Hong Kong as a platform for business development.
Mr. Deng Zhongmin, the Deputy Director of Invest Hong Kong, introduced that with the implementation of the national "going out" strategy, a favorable environment has been created for enterprises to explore overseas markets. The transition of mainland enterprises from a cautious "proceed according to their capabilities" approach to a more proactive "actively promoting" strategy represents a natural development process from initiation to maturity. As a gateway to the international market, Hong Kong's status as an international financial and trade center, along with the free flow of capital and information, and its rich market promotion experience and mature financial market, enables it to assist mainland enterprises in "going out" and further expanding into the global market.
Mr. Deng Zhongmin noted that in February alone, over 1,600 companies were listed in Hong Kong, with more than 800 of them being mainland enterprises, which occupy a significant share of the market.
He believes that as a major WorldWay center and financial hub, Hong Kong offers clear advantages such as no restrictions on foreign investment entering the local market and the free flow of information and capital. Mainland enterprises can leverage Hong Kong's advantages in market promotion, brand building, international networks, research infrastructure, and talent aggregation, using Hong Kong as a "testing ground" and "training ground" to enhance their competitiveness and align with international standards in the global market.
Hong Kong Stock Exchange Liu Dongyun analyzed the performance of Hong Kong's capital market in 2013, stating that among the Chinese-funded enterprises listed abroad in 2013, 81% chose to list in Hong Kong, with the financing amount in Hong Kong reaching HKD 148.7 billion, accounting for 92% of the total. The position of mainland enterprises in the Hong Kong securities market is indeed significant.
