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    Hongkong Has Become An International Training Ground For Fujian Enterprises.

    2008/6/19 0:00:00 10284

    Hong Kong

    Hongkong investment promotion agency director Lu Wei Si told reporters that the spirit of Fujian entrepreneurs and the integration of Hongkong's international business environment can bring win-win results.

    On the morning of the 17 day, the "investment in Hongkong national line" Fujian Station - "based on Hongkong, towards international" briefing was held in Fuzhou.

    The event is jointly sponsored by the Hongkong government investment promotion agency, the Ministry of Commerce, the Department of foreign economic cooperation and the Liaison Office of the Central People's Government in the Hongkong Special Administrative Region. It aims to provide mainland entrepreneurs with information consulting services in Hong Kong, so that more Fujian business owners can understand the business environment of Hongkong and make good use of Hongkong's platform so as to grow and develop themselves to the world, thus attracting more mainland enterprises to invest in Hong Kong.

    After the meeting, Mr. Luis, director of investment promotion in Hongkong, was interviewed by reporters.

    "Hongkong has become a training ground for Fujian enterprises to march towards the world", Lu Weisi said at that day's briefing. As an international financial and business center, Hongkong has all kinds of unique advantages and will provide an ideal development platform for mainland enterprises to expand their international business or financing. Hongkong has become a training ground for Fujian enterprises to move towards the international arena.

    Statistics show that at present, 67 enterprises with Fujian background have successfully listed in Hongkong, and the total amount of financing exceeds 30 billion Hong Kong dollars.

    In 2007, a total of 47 enterprises in Fujian went to Hongkong to set up companies or branches, with a total investment of more than HK $230 million.

    According to the statistics office of the Hongkong Special Administrative Region, 245 mainland enterprises have established regional headquarters or regional offices in Hongkong.

    In addition to utilizing Hongkong's fund-raising financing, mainland enterprises also set up an international business network in Hongkong to improve their business level and use's international business environment to test market response for new products.

    Among investors who invest in the promotion agency, including Zijin Mining Group, dragon group, Xiamen port, Fujian DBA, three AI pharmaceutical, Anta sporting goods, net dragon technology and other famous enterprises, these are successful examples of Fujian enterprises investing in Hong Kong.

    "The unique geographical location of Hongkong can serve Fujian enterprises well," said Luis.

    "Our information is free of charge." our duty is to attract and promote foreign capital investment in Hongkong, give full play to Hongkong's advantages as an Asian trade and business center, and provide one-stop, free services for foreign investors to provide the latest information, so that investors can make wise decisions.

    These data include corporate environmental reports, general economic profiles, and company cost analysis.

    All our information services are free. "

    "We will make use of the experience of Hongkong to provide face-to-face, single to one services for different enterprises," he said.

    We believe that every company has different characteristics. We will provide tailor-made measures for the enterprises.

    We can provide free economic data, legal regulations, tax and accounting system, employment regulations, rent and wage levels, industry analysis and other information to help investors accurately assess business prospects and make the right investment decisions.

    "Hongkong: a platform for building international brands". At the end of December 2007, 439 mainland companies successfully listed in Hongkong, raising about HK $18495 billion, accounting for 57% of the total investment.

    Mainland enterprises listed in Hongkong have active stock exchanges and high circulation.

    The large scale prospectus held in the past fully demonstrates the strong fund-raising capability of the Hongkong stock market.

    Hongkong's financial market is very internationalized. The survey of Hongkong stock exchange shows that overseas investors account for more than 1/3 of the stock market turnover.

    Many large international investment banks and asset management funds, private funds and hedge funds have also taken Hongkong as the centre for expanding Asia's business. "

    Lu Weisi believes that Hongkong, as an international financial center, can effectively help enterprises to finance, and promote the development and expansion of enterprises to the world.

    "The regulatory system in Hongkong can enhance the international image of the company, let investors know more about the company's information, thereby enhancing the visibility and reputation of the company," said Mr Luis. Hongkong's regulatory environment can help businesses improve their ability to integrate with the international community.

    "Hongkong is an internationally renowned financial and business center, and its regulatory regime is recognized and trusted by international investors.

    Nearly 70 of the top 100 banks in the world have business in Hong Kong.

    In addition, the banking system in Hongkong is robust, with 6 mainland banks having licensed branches in Hong Kong.

    Listing in Hongkong helps to improve the management level of enterprises.

    Hongkong's listing standards are in line with international standards.

    Before listing, enterprises need to be examined by accountants, lawyers and other professionals with internationally recognized qualifications.

    After successful listing, enterprises must abide by the continuous responsibility set forth in the "Listing Rules", including regular disclosure of financial reports and other data, etc., which can effectively promote enterprises to gradually establish enterprise management system, improve corporate culture and enhance enterprise competitiveness.

    "Fujian port cooperation, mutual benefit and win-win", Lu Weisi said, "investing in Hongkong" is divided into three stages. The first stage is "investing in Hongkong's national line". It is a business opportunity for private enterprises to expand to Hongkong through a series of promotional activities.

    At this stage, targeted publicity will be launched through advertising and media in nationwide and key areas, and a number of large-scale investment roadshows and promotion meetings will be held in key provinces and cities, and business opportunities for Hongkong will be explored with entrepreneurs everywhere.

    The second stage is "investing in Hongkong in depth". It focuses on the small scale and targeted workshops, aiming at the key provinces and cities in the mainland. It aims to help local entrepreneurs get sufficient information and preparation, and use Hongkong as stepping stone to launch an international development strategy.

    The third stage is the "investment Hongkong inspection tour", which arranges mainland entrepreneurs to conduct business investigation in Hongkong.

    The investigation will fit in with the needs of participating enterprises, so that mainland entrepreneurs wishing to invest in Hongkong will have a better understanding of Hongkong's business environment and business practices.

    "We hope that through this series of activities, we can attract more entrepreneurs to invest in Hongkong. We believe that the perfect combination of the spirit of Fujian entrepreneurs and Hongkong's international business environment can bring a win-win situation," she told reporters confidently.

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