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2006 Annual Survey of Companies in Hong Kong Representing Parent Companies Located outside Hong Kong. Background. (i) Survey conducted annually since early 1990s: Covers RHQs and ROs (ii) Since 2001: Extends to cover LOs (iii) Since 2004: Also collects views from LOs.

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Presentation Transcript
slide1

2006 Annual Survey of

Companies in Hong Kong Representing Parent Companies

Located outside Hong Kong

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide2

Background

(i) Survey conducted annually sinceearly 1990s:Covers RHQs and ROs

(ii) Since 2001: Extends to cover LOs

(iii) Since 2004:Also collects views from LOs

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide3

Background (Cont’d)

  • Since 2006:Revised survey nameRevised definitions of RHQ, RO and LO

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide4

Objectives

(i) To enumerate RHQs, ROs and LOs in HK representing their parent companies located outside HK

(ii) To obtain basic information of these companies

(iii) To seek views on the attractiveness of HK as a location forsetting up RHQs/ROs and LOs

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide5

Coverage

Covers companies that take charge of the operations/business in HK or in the region (i.e. HK plus one or more other places) on behalf of their parent companies (with final management control) located outside HK

  • Reference date: 1 June 2006

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide6

Classification of a Company as an RHQ, RO or LO

Taking charge of the operations/business on behalf of its parent company located outside HK?

Geographical responsibility?

Any managerial control over offices in the region?

In the region

Yes

No

(i.e. only coordinates offices and/or operations in the region)

No

HK only

Yes

Non-RHQ/RO/LO

LO

RHQ

RO

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

country territory of location of parent company of rhqs ros and los
Country/Territory of Location of Parent Company of RHQs, ROs and LOs

No. of companies

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

geographical responsibility of rhqs and ros in the region other than hk
Geographical Responsibility of RHQs and ROs in the Region (other than HK)

No. of companies

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide9

Views on Importance of Factors Affecting the Choice of Location for Setting up RHQs/ROs and LOs

Ranking in Descending Order of Importance

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide10

Views on HK’s Favourableness

as a Location for Setting up RHQs/ROs

Regarded the factor as

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide11

Views on HK’s Favourableness

as a Location for Setting up RHQs/ROs (Cont’d)

Regarded the factor as

favourable for HK

unfavourable for HK

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide12

Views on HK’s Favourableness

as a Location for Setting up LOs

Regarded the factor as

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide13

Views on HK’s Favourableness

as a Location for Setting up LOs (Cont’d)

Regarded the factor as

favourable for HK

unfavourable for HK

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide14

Views on Overall Business Environment in HKas a Location for Setting up RHQs/ROs

Comparing June 2006 with June 2005

Deteriorated6%

Effect of CEPA

Affected very much 7%

To some extent 44%

A little/not at all 48%

No comment 1%

Same50%

Improved30%

No comment13%

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide15

Views on Overall Business Environment in HKas a Location for Setting up LOs

Comparing June 2006 with June 2005

Deteriorated6%

Effect of CEPA

Affected very much 10%

To some extent 46%

A little/not at all 44%

No comment 1%

Same47%

Improved34%

No comment14%

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide16

Views on Effect of CEPA Implemented since

January 2004 on Investment Activities of RHQs/ROs

Whether investment activities affected

Effect

No comment14%

Setting up new business 8% expansion plans

Advancing business 2%expansion plans

Cancelling business <0.5%expansion plans

Postponing business <0.5%expansion plans

Yes10%

No76%

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide17

Views on Effect of CEPA Implemented since

January 2004 on Investment Activities of LOs

Whether investment activities affected

Effect

No comment14%

Setting up new business 6% expansion plans

Advancing business 1%expansion plans

Cancelling business <0.5%expansion plans

Postponing business 1%expansion plans

Yes8%

No78%

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK

slide18

2006 Annual Survey of

Companies in Hong Kong Representing Parent Companies

Located outside Hong Kong

2006 Annual Survey of Companies in HK Representing Parent Companies Located outside HK