The listing of Chinese energy storage battery maker Shuangdeng (6960) in Hong Kong has been among the fruits of the Chief Executive John Lee Ka-chiu’s Middle East visit in May.
Following the visit and the continued support from Invest Hong Kong, Shuangdeng is leveraging Hong Kong as an international platform to expand globally and has been further implementing its development plans in the city, the company said.
Shuangdeng chairman Yang Rui was part of the delegation led by Lee during a business tour to the Middle East in May.
The group said it plans to use Hong Kong as its international platform to restructure its overseas presence, pursue R&D collaboration with local universities, and strengthen sales, investment, and financing channels, thereby advancing “industry-finance integration” for its global business.