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Supporting role: how InvestHK is driving Hong Kong firms’ global growth
After 25 years promoting the city as an investment destination, InvestHK is now championing Hong Kong companies’ overseas expansion
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On May 16, just as US President Donald Trump wrapped up his whirlwind Gulf tour with over US$2 trillion in deals, a little-known Hong Kong fintech firm beat global rivals to bag a contract with a United Arab Emirates (UAE) bank.
Evident Group, operator of a digital investment platform for alternative assets and licensed by the Securities and Futures Commission, formed a partnership with Zand Bank, the UAE’s first fully licensed digital bank. The collaboration will provide the Dubai-based bank’s clients with investment opportunities through Evident’s tokenisation technology and infrastructure.
The partnership was made possible thanks to the efforts of InvestHK. And Evident’s success exemplifies the investment promotion agency’s new mission. After a quarter-century dedicated to attracting global investment to Hong Kong, InvestHK is transforming into a business development agency that leverages the city’s dual role as both a “superconnector” and “super value-adder” to help companies succeed.
“We must now help them take the next step in their journey to be successful,” said Alpha Lau Hai-suen, the director general of InvestHK. “Whether they are from China or from Asia or elsewhere, once they open in Hong Kong, we see them as a Hong Kong company, so we will help them.”
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