Hong Kong continues to solidify its position as a premier regional headquarters destination for American multinational corporations, with overwhelming majority expressing commitment to maintaining operations in the Asian financial hub. According to recent survey data from the American Chamber of Commerce in Hong Kong, approximately 92% of US companies with regional headquarters in the city have confirmed no plans to relocate elsewhere within the next three years—a significant increase from the 79% recorded in 2025.
The comprehensive two-month study, conducted between November 11 and January 16 and encompassing responses from over 450 member companies, reveals strengthening confidence in Hong Kong’s business environment. More than half of surveyed executives expressed optimism about the city’s commercial prospects for the coming year, marking a substantial jump from 33% in the previous year’s assessment.
Critical findings demonstrate growing trust in Hong Kong’s legal framework, with 94% of respondents affirming confidence in the Special Administrative Region’s rule of law—continuing an upward trajectory from 83% in 2025. Notably, 74% of companies reported no adverse operational impacts from the implementation of the National Security Law.
Lynn Song, Chief Economist for Greater China at ING Bank, emphasized that “the survey findings indicate Hong Kong’s international reputation is steadily recovering, with its legal system and competitive advantages remaining fully intact. The city continues to offer an exceptional environment for business operations.”
The research further indicates that 86% of companies endorse Hong Kong’s fundamental strengths as Asia’s competitive business hub, representing an 11-percentage-point improvement from 2025. Song additionally noted that “the most challenging phase of Hong Kong’s economic cycle has concluded,” citing improving conditions including the US Federal Reserve’s policy shift and China’s consistent growth performance.
While US-China trade tensions remain identified as the primary operational challenge by 59% of respondents (down from 70% in 2025), the overall pessimism has noticeably moderated. The findings align with recent AmCham China surveys showing 71% of companies maintaining operations in mainland China without relocation plans.
The data collectively suggests that post-pandemic recovery, border reopenings, and stabilized financial markets have provided clearer operational visibility, reinforcing Hong Kong’s resilience as an international business center despite ongoing geopolitical considerations.