More Companies Registered in HK

The number of registered companies and overseas companies recorded a slight increase in the first six months this year compared to that at the end of 2000, a spokesman for the Companies Registry said Sunday.

The total number of companies registered at the end of June was 513,340, an increase of 0.36 percent over the position at December 31, 2000. The total number of overseas companies which had established a place of business in Hong Kong was 6,286, an increase of 3.17 percent over the total number at the end of December.

The number of new companies registered during the first six months of 2001 was 19,225, a decrease of 16.28 percent over the corresponding period of 2000, while the number of newly registered overseas companies was 416, an increase of 0.73 percent.






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