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Office for Attracting Strategic Enterprises

Office for Attracting Strategic Enterprises
The latest news and top stories on the Office for Attracting Strategic Enterprises. A prominent Hong Kong-based governmental body, the Office for Attracting Strategic Enterprises (OASES) is dedicated to proactively attracting strategic enterprises and investments to enhance the city’s competitiveness and accelerate industry development. Established in December 2022 and reporting to the Financial Secretary, OASES focuses on industries such as life and health technology, artificial intelligence and data science, financial technology and advanced manufacturing and new energy technology.
Construction in the Kwu Tung area, where a world-class fencing hall and swimming pool are planned for the Northern Metropolis. Photo: Eugene Lee
Hong Kong economy

Hong Kong records 17% jump in investment led by purchases, construction

Finance chief Paul Chan says growth reflects improving property market, but concedes uneven recovery across different sectors.

Hong Kong economy

Editorial | Influx of global firms underscores Hong Kong’s economic recovery

Hong Kong economy

Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

Hong Kong economy

New firms with up to HK$100 billion in market value to set up shop in Hong Kong

Finance chief says ‘strategic enterprises’ are in high-growth sectors, including life and health technology, low-altitude economy and AI, among others.

OASES was established in late 2022 to draw high-potential companies to Hong Kong from mainland China and overseas through tailored land and tax incentives. Photo: Eugene Lee
Artificial intelligence

Surging demand for AI agents fuels Hong Kong’s race for computing power

Hong Kong currently has 5 ExaFLOPS of computing power, compared with 60 ExaFLOPS in Beijing and 120 ExaFLOPS in Shanghai.

Hong Kong economy

Hong Kong ‘will deepen technology, industry links under nation’s blueprint’

Finance chief Paul Chan says Hong Kong must make better use of strengths as global financial hub to speed up industrial development.

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Artificial intelligence

Arm China, RabbitPre among mainland Chinese firms expanding in Hong Kong

Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.

Arm China plans to establish a chip intellectual property research and development centre in Hong Kong in 2026. Photo: Shutterstock
Hong Kong economy

Digital IP protector from US among 18 firms expanding in Hong Kong under OASES

Vobile among 18 new strategic enterprises that OASES has brought to city.

Hong Kong economy

Tourism rebound driving retail recovery in Hong Kong, finance chief says

Paul Chan vows government will build on momentum with coming mega-events and work with different sectors to entice visitors to stay longer.

Hong Kong economy

Hongkongers to enjoy ‘dividends’ of Northern Metropolis, John Lee promises

City leader stresses importance of using public funds to accelerate development of I&T, housing megaproject, citing 2001 case of science park.

The government earlier promised to accelerate the development of the Northern Metropolis. Photo: May Tse
John Lee policy address 2025

No need for Hong Kong to be ‘overgenerous’ to lure foreign firms: finance chief

Following on from policy address, Financial Secretary Paul Chan says guiding principle is to ensure the city remains competitive.

InvestHK has helped 1,333 companies establish or expand their operations in Hong Kong. Photo: Sam Tsang
Hong Kong economy

Editorial | Hong Kong leader’s ambitious blueprint deftly picks up pace of reform

In the fourth year of his current five-year term, the chief executive delivered a policy address that stands out for its all-encompassing approach.

Building Hong Kong’s future

OASES drives growth in Hong Kong’s innovation landscape by guiding tech companies into the city

Gotion and Westwell Technology get support from the Office for Attracting Strategic Enterprises as they expand to Hong Kong and beyond.

In partnership with:
OASES
Hong Kong economy

Opinion | Will Hong Kong government’s more hands-on approach to development pay off?

As a number of economic initiatives mark significant anniversaries, it is worth looking back on the development strategy of a previous era.

The San Tin Technopole, which is part of the Hong Kong government’s Northern Metropolis project, on February 27. Photo: May Tse
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