Strategic Enterprise KN Group Expands Hong Kong International Business Headquarters, Driving Corporate Globalisation and Economic Innovation (with photos)

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     KN Group announced yesterday (July 30) the expansion of its international business headquarters in Hong Kong. In 2024, KN Group became one of the strategic enterprises under Office for Attracting Strategic Enterprises (OASES) and established its international headquarters and research and development (R&D) centre in last October, with the goal of advancing Hong Kong's ecosystem for artificial intelligence and large language models as well as leveraging Hong Kong's role as a strategic global platform to extend its reach across the Belt and Road Initiative and Southeast Asian markets. KN Group has expanded its office space to 16 000 square feet within a short period of time, which doubles its original footprint, reflecting the enterprise's accelerated internationalisation and injecting strong momentum into Hong Kong's financial and technology innovation landscape.

     Earlier, KN Group also announced a strategic partnership with prominent local Web3 fintech company AlloyX to jointly launch the world's first blockchain-issued fund product backed by consumer finance loans as underlying assets. The fund leverages AlloyX's on-chain tokenisation technology to digitally transform cash loan assets, expand capital access, and explore new possibilities for traditional consumer finance business.

     The General Manager of KN Group Hong Kong and Global Head of Treasury at KN Group, Mr Lucas Kong stated that the collaboration reflects the company's decade-long cultivation in AI financial technology and marks a significant milestone in bridging traditional finance services with global capital markets through digital pathways. He added that through the tokenisation of financial assets, KN Group aims to enhance service efficiency and transparency while continuing to drive innovation in the financial sector.

The Executive Director of OASES, Mr Bryan Peng said, "KN Group's business expansion and innovative development reflect the enterprise's strong confidence in Hong Kong's business environment. As outlined in the "Report on Hong Kong's Business Environment: Unique strength under 'One Country, Two Systems'" released by the Hong Kong Special Adminitrative Region (HKSAR) Government yesterday, the city is an ideal base for enterprises seeking global growth, and continues to demonstrate robust potential in emerging sectors such as fintech, Web3, artificial intelligence, and green finance. Earlier, the Securities and Futures Commission introduced the newly formulated 'ASPIRe' roadmap, and in June, the HKSAR Government issued Policy Statement 2.0 on the Development of Digital Assets in Hong Kong, providing a clear regulatory and development framework for the sector. These initiatives offer a solid foundation for KN Group and AlloyX to advance innovation in the digital asset space."

     OASES is committed to providing one-stop facilitation services for strategic enterprises, facilitating their successful establishment in Hong Kong and fostering deep integration with the local innovation and business ecosystem.

Ends/Thursday, July 31, 2025
Issued at HKT 21:10

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One of the strategic enterprises under Office for Attracting Strategic Enterprises, KN Group, announced yesterday (July 30) the expansion of its international business headquarters in Hong Kong, driving corporate globalization and economic innovation. Photo shows the General Manager of KN Group Hong Kong and Global Head of Treasury at KN Group, Mr Lucas Kong in the expansion ceremony.