TREE NEWS update: Hong Kong has added 18 companies to its list of strategic enterprises encouraged to set up or expand operations in the city, half from mainland China and half from elsewhere. The new batch brings the total number of firms brought in to 142, expected to generate about HK$84 billion in investment and create roughly 26,700 jobs. The new entrants include Johnson & Johnson (Hong Kong), gold refiner Valcambi SA, AI and robotics firms AGIBOT and Phancy Group, and blockchain platform Solana.
Hong Kong adds 18 strategic firms including Solana, targets HK$84B investment
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AI take
Solana's inclusion alongside a gold refiner and healthcare major signals that Hong Kong's strategic-enterprise program is treating blockchain infrastructure as a mainstream industrial category, not a niche concession. That framing matters for other digital-asset firms weighing a Hong Kong base, since the designation carries an implicit official endorsement. The open question is whether the quoted investment and job figures translate into actual on-the-ground presence, and whether more blockchain names follow Solana into the list.
Generated by AI for reference only.
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