PetroChina unit first to reincorporate in Hong Kong under re-domiciliation law

A unit of PetroChina Investment (Hong Kong) has become the first approved company to reincorporate in the city under a new law, with the government highlighting the high number of inquiries it has received from companies seeking to redomicile. The Financial Services and the Treasury Bureau (FSTB) said on Wednesday that the PetroChina Investment unit received a certificate of re-domiciliation from the Companies Registry. This marks the first such case after the government introduced the company re-domicil ...