Hong Kong’s innovation drive is gaining tempo as the town formally welcomed blockchain protocol Polkadot. Among the many fifth batch of strategic enterprises becoming a member of its “Workplace for Attracting Strategic Enterprises” (OASES) initiative. The transfer alerts Hong Kong rising ambition to place itself as a world hub for Web3 growth and digital innovation.
Polkadot Expands into Hong Kong
In keeping with reviews from Hong Kong Wen Wei Po, Polkadot will set up a presence to concentrate on analysis, growth and enterprise growth. The addition of Polkadot, a serious layer one blockchain community. That recognized for interoperability and decentralized governance. It reinforces the town effort to combine blockchain know-how into its broader tech ecosystem.
吴说获悉，据香港文汇报报道，香港特区政府引进重点企业办公室公布第五批名单，含近四成海外企业，覆盖人工智能、生物健康与文创科技等领域；其中区块链协议层项目波卡（Polkadot）将在港设点，参与研发与业务拓展。https://t.co/t3s3mzUoy2
— 吴说区块链 (@wublockchain12) October 11, 2025
The most recent batch contains 18 firms throughout synthetic intelligence, biotechnology and cultural inventive know-how. Almost 40% of them are abroad enterprises, highlighting Hong Kong’s rising world enchantment. For the blockchain sector, Polkadot entry is a milestone. This marks one of many first protocol stage tasks to formally align with Hong Kong innovation insurance policies.
Hong Kong Strategic Enterprise Initiative Grows
The OASES program, launched in late 2022, goals to draw world class corporations. It strengthens the town function as a know-how and finance powerhouse. With this fifth batch, Hong Kong has now secured partnerships with 102 main enterprises in simply two years. Collectively, these firms are anticipated to herald about 60 billion yuan (US$8.3 billion) in funding. It creates over 22,000 top quality jobs.
Yam Jingxin, Director of the Workplace, mentioned the brand new additions replicate rising worldwide confidence in Hong Kong coverage route. He emphasised the town’s distinctive benefits. Resembling proximity to mainland innovation hubs like Shenzhen and a robust monetary infrastructure. That makes it an excellent base for next-generation industries.
Innovation, Tradition, and International Collaboration
Past tech and healthcare, Hong Kong’s fifth batch marks the primary inclusion of cultural and artistic enterprises. That mixes know-how with artwork and leisure. This growth highlights the town’s effort to construct a various and future prepared financial system. Monetary Secretary Paul Chan Mo-po famous that Hong Kong open tradition, world connections and powerful inventive industries. That makes it a pure hub for digital innovation.
Different main additions embody mainland web agency Xiaohongshu, British pharmaceutical firm GlaxoSmithKline (GSK). Additionally, autonomous driving know-how developer WeRide. Collectively, these firms symbolize a mixture of world experience and rising applied sciences. That can contribute to Hong Kong’s innovation ecosystem.
Almost 90% of Companies Set up Headquarters in Hong Kong
Out of the 102 firms introduced in by way of the OASES program. Almost 90% have established regional or worldwide headquarters in Hong Kong. About half are already listed domestically, whereas others are getting ready for future listings. Many are launching R&D services and pilot tasks in fields resembling scientific analysis, AI and blockchain functions.
Yam famous that these enterprises are usually not simply investing capital. They’re bringing tangible operations and collaborating with native establishments. As an illustration, a number of pharmaceutical firms have begun scientific trials in Hong Kong. It’s supported by partnerships with universities and hospitals.
A International Imaginative and prescient for the Future
The inclusion of Polkadot marks a major step for Hong Kong and the Web3 business. As the town works to place itself as Asia’s blockchain capital. Having a serious protocol stage participant like Polkadot on board provides credibility to that mission. Hong Kong’s management has made clear that attracting revolutionary, excessive impression corporations stays a high precedence. With blockchain, AI and biotech corporations now organising store below authorities backed initiatives. Town’s transformation into a world innovation hub is not only a coverage aim. It’s changing into a tangible actuality.
