{
  "id": 18641590,
  "title": "US enterprises 'surprise' in latest HK strategic batch",
  "url": "https://urgent.news/2026/11/07/us-enterprises-surprise-in-latest-hk-strategic-batch",
  "topic": "world",
  "section": "World",
  "published": "2026-11-07T05:08:13.000Z",
  "source": {
    "name": "RTHK English",
    "slug": "rthk-english",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1876923-20261107.htm"
  },
  "original_language": "en",
  "account": "In the most recent batch of companies welcomed by Hong Kong's Office for Attracting Strategic Enterprises (Oases), the United States stands out as the largest source of overseas firms. Last month, Oases accepted 18 enterprise partners, raising the total count of strategic enterprises brought to Hong Kong to 142. Peter Yan, Oases director-general, noted in an RTHK radio programme that the United States has the largest number of such enterprises, alongside Europe. This batch also marked the first time Korean and Japanese enterprises joined the strategic enterprises roster.\n\nMainland enterprises, hailing from cities like Beijing, Shanghai, and Shenzhen, also participated. Yan highlighted that they explored other cities known for their advancements, particularly in manufacturing and new energy sectors. He also mentioned strong development in medical technology, citing Hangzhou's progress in AI, and Nanjing and Suzhou's growth in life and health technology. Yan further revealed that artificial intelligence and life and health technology sectors each account for around 30 percent of the total, while fintech and new energy each make up more than 10 percent.\n\nThe 142 strategic enterprises that have established themselves in Hong Kong have pledged a combined investment of HK$84 billion and are expected to create approximately 26,700 high-end jobs. Oases has been tracking and supporting these companies, with their capital investment and job creation surpassing initial targets. Yan revealed that Oases meticulously selects strategic enterprises, gathering comprehensive insights on roughly 20 to 30 percent of the companies they approach. The office typically contacts firms months before their relocation and remains in touch for over a year, collaborating with various stakeholders to ensure a significant industrial contribution.",
  "summary": "The United States is the largest source of overseas firms in Hong Kong’s latest batch of companies welcomed by the Office for Attracting Strategic Enterprises (Oases). Last month, Oases welcomed 18 enterprise partners in its seventh batch, bringing the cumulative number of strategic enterprises attracted to Hong Kong to 142. \"In terms of overseas enterprises, you may be a bit surprised, but the…",
  "key_points": [
    "US enterprises dominate latest batch with 18 accepted",
    "Strategic enterprises total 142, investment HK$84 billion",
    "AI and life health tech each 30% of total investments"
  ],
  "editors_take": "The dominance of American and European firms in the latest strategic batch signals Hong Kong's success in diversifying its industrial base through targeted recruitment of global high-tech leaders.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}