
Investment officials from the Guangdong-Hong Kong-Macao Greater Bay Area on Monday presented the region’s latest business opportunities to State-owned enterprises (SOEs) and investment institutions in Beijing, encouraging them to leverage Hong Kong's role as a "super connector" and "super value-adder" to expand into international markets.
Invest Hong Kong, the Department of Commerce of Guangdong Province, the Macao Commerce and Investment Promotion Institute, and the Investment Association of Central State-owned Enterprises, jointly organized the business matching conference, which gathered over 150 representatives from SOEs and investment institutions, fund companies, cutting-edge industry projects, and business associations.
The conference is one of the key investment promotion initiatives jointly organized by the governments of Guangdong, Hong Kong and Macao to further enhance the working mechanism of the Pan-Greater Bay Area Inward Investment Liaison Group and deepen the integration between industrial development and investment capital within the GBA.
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Deputy Director-General of the Department of Commerce of Guangdong Province Zhu Xiaojun said that the conference comes at an opportune time, aligning with the new investment planning stage of central SOEs.
He expressed hope that the initiative would strengthen cooperation between central SOEs and investment institutions, and the GBA on industry development and capital matching.
Cathy Li, acting deputy commissioner for the development of the Guangdong-Hong Kong-Macao Greater Bay Area of the Constitutional and Mainland Affairs Bureau, said that Hong Kong, leverages the advantages under the "one country, two systems", including a common-law system aligned with international standards, which serve as a stable and reliable international operations hub for SOEs.
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She said SOEs can capitalize on Hong Kong's strengths as a platform for fundraising and financing, professional services, risk management and corporate treasury functions, and combine these with the GBA's comprehensive industrial chain and vast market potential to strengthen their international businesses.
At the same time, the Hong Kong Special Administrative Region government encourages SOEs to participate in the development of innovation and technology in the GBA, establish operations in the Hetao Hong Kong Park, and work together in nurturing new quality productive forces, Li added.
Director of the IPIM Larry Leong said that Macao will continue to seize the opportunities arising from the "one country, two systems" framework and the China and Portuguese-speaking countries platform to serve as a gateway for central SOEs to go global and expand into Portuguese-speaking markets.
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He added that the IPIM will further enhance its one-stop services for investors, strengthen support for trade between China and Portuguese- speaking countries, and deepen efforts to attract investment while supporting overseas expansion.
InvestHK Associate Director-General of Investment Promotion Loretta Lee Shuk-ching said that the department will continue to work closely with the Guangdong and Macao governments to actively introduce Hong Kong's latest developments and investment opportunities to more SOEs and investment institutions.
