Mainland Chinese firms on Hong Kong-led Central Asia trip eye city listing: John Lee
Hong Kong’s leader says city will press on as ‘superconnector’, ‘super value-adder’ to help them expand overseas amid geopolitical disruptions
At a summit on Tuesday, the city leader stressed that Hong Kong would continue to leverage its role as a “superconnector” and “super value-adder” to support businesses expanding overseas, amid accelerating global shifts and protectionism that were disrupting the international trade order.
“I know that many mainland companies that accompanied the delegation are actively preparing for listing in Hong Kong,” Lee revealed, referring to the official delegation to Central Asia that he led in June to help enterprises explore new markets amid geopolitical uncertainties.
“[They] are making full use of Hong Kong’s financial strengths to raise the capital needed for their global expansion.”
The delegation to Kazakhstan and Uzbekistan included more than 40 local representatives from sectors ranging from logistics and innovation and technology to banking and aviation. More than 30 mainland entrepreneurs also joined the delegation.