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BackMore drug, semiconductor firms eyeing Hong Kong for expansion, OASES head says
More drug, semiconductor firms eyeing Hong Kong for expansion, OASES head says
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SCMP Economy2 hours agoBusiness1 min readChina

More drug, semiconductor firms eyeing Hong Kong for expansion, OASES head says

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Ten to 20 more companies, including leading drug makers and a semiconductor business, are set to establish or expand operations in Hong Kong, according to a government investment office head.

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Why It Matters

Five of the world's 10 largest pharmaceutical companies already have a presence in Hong Kong.

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Ten to 20 more companies are set to establish or expand operations in Hong Kong, including leading drug makers and a semiconductor business, with a roughly equal number of mainland Chinese and overseas firms, the head of a government investment office has said.

Yan said the companies included several industry leaders with substantial market valuations. He expected the roughly equal split between mainland and overseas firms to continue, although maintaining the ratio was not an explicit recruitment target.

Five of the world’s 10 largest pharmaceutical companies have already established a presence in Hong Kong.

Open Questions

  • Which specific companies are establishing operations?
  • What is the timeline for these expansions?

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hong kong
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Topicsbusinesssemiconductorpharmaceuticalsinvestment
This article was originally published by SCMP Economy.

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