Chinese firms rush to HK to set up intl. headquarters
Hong Kong saw a surge of companies – mostly Chinese – establishing regional headquarters in 2018. Will regional treasury centres follow?
Paul Chan, the Financial Secretary of Hong Kong, recently made headlines revealing a range of measures aimed at significantly boosting infrastructure spending on technology and welfare projects. Almost as an aside, he announced a very healthy 8% year-on-year jump of companies setting up headquarters within the special administrative region.
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