The Hong Kong government stated today (10th) that it welcomes the establishment of the technology company headquarters of Shenzhen Qianhai WeBank Co., Ltd. in Hong Kong and plans to invest up to 0.15 billion US dollars in Hong Kong to create high-skilled technology jobs. It is reported that the technology company headquarters of WeBank established in Hong Kong will serve as the research and development base and provide commercialized technology solutions for the global market.

Invest Hong Kong Director-General of Investment Promotion Stephen Phillips said the establishment of a new technology company headquarters by WeBank in Hong Kong is the result of close coordination between the Treasury Bureau and Invest Hong Kong, allowing the company to successfully expand its business after opening. Recently, many key companies have announced the establishment of global research and development centers and headquarters in Hong Kong, fully proving Hong Kong's significant advantages in assisting cross-regional business expansion.

WeBank CEO Li Nanqing said that Hong Kong has emerged as an excellent hub for global commercial links and a hub for financial technology innovation. The city has an ideal environment for promoting innovation and will help WeBank expand its international footprint.