Deloitte China to hire 1,000 staff, invest US$64 million in Hong Kong over next 4 years

Group 1 - Deloitte China plans to hire approximately 1,000 people in Hong Kong and invest HK$500 million (US$64 million) over the next four years as part of a new initiative to enhance the city's role as a regional talent and innovation hub [1] - The initiative, named the "Hong Kong LEAP" strategy, aims to expand capabilities in fintech, capital markets operations, and artificial intelligence, which are crucial for the city's economic transformation [2] - The strategy was unveiled alongside Deloitte's 2025 Hong Kong Economic Outlook white paper, which identified four growth engines for the city: financial innovation, support for mainland enterprises' global expansion, regional innovation and technology collaboration, and acceleration of the green transition [3] Group 2 - Deloitte China CEO Dora Liu highlighted Hong Kong's potential as a "super connector" between mainland and international markets, leveraging global geopolitical shifts and national strategic priorities [5] - The new positions created by Deloitte will focus on financial services innovation, capital market advisory, and AI development, reflecting Hong Kong's efforts to diversify beyond finance and property amid sluggish growth [6] - New investments and job creation by global firms are anticipated to restore momentum in Hong Kong's professional services and technology sectors [7] Group 3 - Hong Kong led the global rankings in initial public offering fundraising during the first three quarters of 2025, driven by strong capital inflows and the rise of offshore yuan and green bonds [8] - Deloitte called for policymakers to broaden investment schemes to include digital assets and enhance cross-border cooperation in the Greater Bay Area [8]