BUSINESS OPPORTUNITIES

Hong Kong is a world-leading international financial centre, with a proven reputation in areas such as fund-raising, asset management and insurance. The city is also one of the world’s leading fundraising hubs for biotechnology. It has been among the top ten global Initial Public Offerings (IPO) fund raising markets in the past decade. In 2023, the city ranked 6th in the world.

• A regional fintech hub, eight virtual banks, four virtual insurers, and two virtual asset trading platforms have been authorised to operate in Hong Kong.
• Leveraging its position as the world’s offshore Renminbi business hub, mutual investment conduits between the Mainland and Hong Kong include Stock Connect, Bond Connect, and Wealth Management Connect.
• Reinforcing the city's role as a premier capital raising centre, Hong Kong is developing into a vibrant real estate investment trust (REIT) market.
• Hong Kong provides tax concession for carried interest issued by eligible private equity funds operating in the city.
• With a carbon-neutral target date of 2050, Hong Kong is a premier financing platform for international and Mainland green enterprises / projects and in the Guangdong-Hong Kong-Macao Greater Bay Area.
• Hong Kong welcomes family offices from around the world to tap into our unique advantages and far-reaching opportunities. The profits tax exemption arrangement for family‑owned investment holding vehicles managed by single family offices in the city is applicable for any years of assessment commencing on or after April 2022.
• The New Capital Investment Entrant Scheme has been open for application from March 1, 2024. Eligible investors may apply to reside and pursue development in Hong Kong.

Located in the heart of Asia, within a four-hour flight of most major Asian cities and a five-hour flight from half the world's population, Hong Kong is an international aviation and maritime hub.

• Hong Kong International Airport (HKIA) is consistently ranked among the best and busiest in the world for both passengers and air cargo. Airport Authority Hong Kong (AAHK) is working full steam ahead with the Three-Runway System project as scheduled. The whole Three-Runway System, targeted to be completed by the end of 2024, will significantly increase HKIA’s passenger and cargo handling capacities.
• Coupled with such projects as Phase II development of AsiaWorldExpo, SKYCITY, aviation business park on the Airport Island as well as automated carparks on the Hong Kong Port Island of Hong Kong-Zhuhai-Macao Bridge, AAHK is taking steps to transform HKIA into an “Airport City”.
• Hong Kong remains one of the most important international ship finance centres in Asia. About 10 per cent of the deadweight tonnage of the world’s merchant fleet is owned or managed by Hong Kong ship owners. The Hong Kong Shipping Register ranks 4th globally by gross tonnage.

With the rule of law, a trusted common law system and independent judicial power, Hong Kong is a safe and secure place to live, work and invest. Its deep pool of local and international legal talent and expertise in arbitration make the city a premier deal-making and dispute resolution centre in Asia.

• The common law system continues to be practised as constitutionally guaranteed, making the city the only common law jurisdiction within China.
• As at August 2024, there are more than 11,000 practising solicitors, about 1,600 practising barristers and over 70 registered foreign law firms operating in Hong Kong.
• Hong Kong is a prime venue for dispute resolution through arbitration and mediation. Hong Kong arbitral awards are enforceable in over 170 Contracting States to the New York Convention.