"Within this context Hong Kong, with its robust financial and legal system and proximity to mainland China, is a market to watch. For many Western businesses looking at increasing their footprint in the Asian markets, it is being seen as a preferred entry-point. Many companies have already set up their headquarters in Hong Kong and are working very closely with their regional teams in hubs and many more are waiting to get there."
"Hong Kong serves a major role for penetrating the Mainland Chinese market using its modern infrastructure and professional manpower. Hong Kong is also part of the Guangdong-Hong Kong-Macao Greater Bay Area (an advanced technology area promoted by the Chinese Government) so having a hub in Hong Kong means we can easily reach out to other parts of China from this strategic location whilst taking care of our business in other Asian markets."
"After having had a tough 2020, the Asian economy is one of the first that's on a road to healthy revival. Bigger markets like China and India, as well as emerging markets like Indonesia and Vietnam are showing pockets of resurgence on the back of a strong domestic consumer growth. The APAC market is being seen as the harbinger of growth in an overall challenged global landsca e."
After a difficult 2020, Asian economies have begun reviving, led by large markets such as China and India and emerging markets like Indonesia and Vietnam, driven by strong domestic consumer growth. The APAC region is emerging as a primary source of global growth. Hong Kong offers robust financial and legal systems, proximity to mainland China and strategic positioning within the Guangdong-Hong Kong-Macao Greater Bay Area, making it an attractive entry point for Western companies. Canadian-listed Adcore Inc opened a regional headquarters in Hong Kong to pursue opportunities in e-commerce, education, fintech and travel and plans to expand its regional sales team.
Read at The Drum
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