Hong Kong’s Strategic Enterprise Attraction Plan Secures 19 Additional High-Tech Companies

Hong Kong has welcomed 19 more companies from the Chinese mainland and the United States that are setting up offices or expanding operations in the city as part of the government’s latest bid to promote the development of the innovation and technology sectors.

John Lee Ka-chiu, Hong Kong’s Chief Executive, said at a partnership signing ceremony Wednesday that these companies, along with 30 companies announced last October, are expected to bring HK$40 billion ($5 billion) of investment and 13,000 jobs to the city in the next few years.