Hong Kong Has Become A Training Ground For Fujian Enterprises To March Towards The World

Lu Weisi, Director of the Hong Kong Investment Promotion Agency, said in an interview that the combination of Fujian's entrepreneurial spirit and Hong Kong's international business environment can bring win-win results. On the morning of the 17th, the introduction meeting of "Investing in Hong Kong and Going International", Fujian Station of "Investing in Hong Kong Nationwide", was held in Fuzhou. This event is jointly sponsored by the Investment Promotion Department of the Hong Kong Government, the Department of Foreign Economic Cooperation of the Ministry of Commerce, and the Trade Department of the Ministry of Economy of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. It aims to provide mainland entrepreneurs with investment information consulting services in Hong Kong, so that more Fujian entrepreneurs can understand Hong Kong's business environment, and make good use of Hong Kong as a platform for their own development and growth, Go global, so as to attract more mainland enterprises to invest in Hong Kong. After the meeting, Mr. Lewis, Director of Hong Kong Investment Promotion Agency, gave an interview to the reporter. "Hong Kong has become a training ground for Fujian enterprises to march towards the world" At the briefing on the same day, Lewis said that Hong Kong, as an international financial and commercial center, has a variety of unique advantages and will provide an ideal development platform for mainland enterprises to expand international business or finance. Hong Kong has become a training ground for Fujian enterprises to march towards the world. Statistics show that at present, 67 enterprises with Fujian background have successfully listed in Hong Kong, with a total financing amount of more than 30 billion Hong Kong dollars, ranking first among mainland provinces and cities. In 2007, a total of 47 Fujian enterprises set up companies or branches in Hong Kong, with a total investment of more than 230 million Hong Kong dollars. The Statistics Department of the Hong Kong SAR Government estimates that 245 mainland enterprises have established regional headquarters or regional offices in Hong Kong. In addition to using Hong Kong to raise funds, mainland enterprises have also established an international business network in Hong Kong to improve their level, and have used Hong Kong's international business environment to test market responses for new products. Among the investors assisted by the Investment Promotion Agency, including Zijin Mining Group, Longgong Group, Xiamen Port, Fujian DBA, Sanai Pharmaceutical, Anta Sports Goods, Netdragon Technology and other well-known enterprises, these are all successful examples of Fujian enterprises' investment in Hong Kong. "Hong Kong's unique geographical location can serve Fujian enterprises well," said Lu Weisi. "Our information is free of charge" "Our duty is to attract and promote foreign capital to invest in Hong Kong, give play to Hong Kong's many advantages as an Asian trade and business center, and provide one-stop, free services for foreign investors, provide the latest information, so that investors can make wise decisions. These materials include enterprise environmental reports, economic industry profiles, company cost analysis, etc. All our information services are free of charge. ”Lu Weisi said, "We will use the experience of Hong Kong to provide face-to-face and one-on-one services for different enterprises. We believe that each company has different characteristics, and we will provide tailored countermeasures for enterprises. We can provide economic data, legal regulations, tax and accounting systems, employment regulations, rent and wage levels, industry analysis and other information for free to help investors accurately assess business prospects and make correct investment decisions. ”"Hong Kong: a platform for building an international brand" "By the end of December 2007, 439 mainland enterprises had successfully listed in Hong Kong, raising about HK $1849.5 billion, accounting for 57% of the total amount of capital raised. The shares of mainland enterprises listed in Hong Kong were actively traded and highly circulated. The successful large-scale stock offering activities in the past fully demonstrated the strong fund-raising ability of the Hong Kong stock market. The source of funds in Hong Kong's financial market is very international. The survey of the Hong Kong Stock Exchange shows that overseas investors account for more than one-third of the turnover in the stock market. Many large international investment banks, asset management funds, private equity funds and hedge funds have also taken Hong Kong as the center for expanding their business in Asia. ”Luvis believes that Hong Kong, as an international financial center, can effectively help enterprises to finance, promote the development of enterprises and go global. "The regulatory system in Hong Kong can enhance the international image of enterprises, so that investors can better understand the company's information, and thus enhance the visibility and reputation of enterprises." Lu Weisi said that the regulatory environment in Hong Kong can help enterprises improve their ability to integrate with the world. "Hong Kong is an internationally renowned financial and commercial center, and its regulatory system is recognized and trusted by international investors. Nearly 70 of the world's top 100 banks have opened businesses in Hong Kong. In addition, Hong Kong's banking system is sound, and six mainland banks have licensed branches in Hong Kong. Listing in Hong Kong helps improve the management level of enterprises. Hong Kong's listing standards are in line with international standards. Before listing, the enterprise shall be subject to the examination of internationally recognized accountants, lawyers and other professionals. After successful listing, the enterprise must comply with the continuous responsibility formulated by the 'Listing Rules', including regular disclosure of financial reports and other data, which can effectively promote the enterprise to gradually establish the enterprise management system, improve the enterprise culture, and enhance the competitiveness of the enterprise. ”"Fujian Hong Kong cooperation, mutual benefit and win-win" Luvis said that "investment in Hong Kong" can be divided into three stages. The first stage is "investment in Hong Kong nationwide", which is to promote business opportunities to Hong Kong's growing private enterprises through a series of publicity activities. At this stage, targeted publicity will be carried out nationwide and in key regions through advertising and media, and several large-scale investment roadshows and promotion conferences will be held in key provinces and cities to discuss business opportunities for development in Hong Kong with entrepreneurs from all over the country. The second stage is "in-depth investment in Hong Kong", which focuses on small-scale and targeted thematic workshops, targeting key provinces and cities in the mainland, aiming to help local entrepreneurs obtain sufficient information and preparation, and use Hong Kong as a stepping stone to launch international development strategies. The third stage, "Investment in Hong Kong Investigation Tour", is to arrange mainland entrepreneurs to visit Hong Kong for business investigation. The investigation will meet the needs of participating enterprises, so that mainland entrepreneurs who intend to invest in Hong Kong can have a deeper understanding of Hong Kong's business environment and business reality. "We hope that through this series of activities, more entrepreneurs can be attracted to invest in Hong Kong. We believe that the perfect combination of the entrepreneurial spirit of Fujian and the international business environment of Hong Kong will bring about a win-win situation," Lu Weisi told reporters confidently.