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HSBC HOLDINGS PLC

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Hong Kong Investment Promotion Chief visits Middle East and Europe to promote Hong Kong's long-term business opportunities

05/29/2022 | 03:08am EDT

HONG KONG, May 29, 2022 - (ACN Newswire) - - The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (May 29) started his duty visit to Doha, Abu Dhabi, Dubai and Kuwait in the Middle East, and Amsterdam, Lisbon and Madrid in Europe as part of the latest efforts of Invest Hong Kong (InvestHK) to promote Hong Kong's business attractions.

During the visit, Mr Phillips will meet with business leaders from various sectors including innovation and technology, financial services and family offices, fintech, business and professional services, tourism and hospitality, and transport, infrastructure and advanced manufacturing. He will also speak at three events in Abu Dhabi, Lisbon and Madrid, giving updates on Hong Kong's latest business environment and opportunities, highlighting the city's strategic role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Mr Phillips said, "Hong Kong is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely. The facts speak for themselves: in two surveys conducted last year, we saw a record number of businesses from overseas and the Mainland come to Hong Kong, as well as the largest number of start-ups in Hong Kong."

He added, "Hong Kong offers to companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA."

About InvestHK

InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.

Copyright 2022 ACN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

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Financials (USD)
Sales 2022 52 428 M - -
Net income 2022 9 404 M - -
Net Debt 2022 - - -
P/E ratio 2022 13,6x
Yield 2022 4,49%
Capitalization 124 B 124 B -
Capi. / Sales 2022 2,36x
Capi. / Sales 2023 2,15x
Nbr of Employees 219 763
Free-Float 98,1%
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Last Close Price 6,17 $
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Noel Paul Quinn Group Chief Executive Officer & Executive Director
Ewen James Stevenson Group Chief Financial Officer & Executive Director
Mark Edward Tucker Independent Non-Executive Director
Steven C. van Wyk Chief Information Officer
John M. Hinshaw Group Chief Operating Officer
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