China Merchants Group (CMG), estab-lished in 1872 during the Westernization Movement in the late Qing Dynasty (1644-1911), is a pioneer in China’s national in-dustrial and commercial sectors. In 1873, it set up its branch in Hong Kong, becoming China’s first company outside the mainland and the oldest mainland-invested enterprise in Hong Kong.
In the following 140-odd years, companies from the mainland have gone through a long and winding development path in Hong Kong and witnessed the ups and downs of the city. After Hong Kong’s return to China 20 years ago, these companies have developed fast and become stronger. By the end of 2015, the number of such companies was 4,037, with their total assets worth HK$19.83 trillion ($2.54 trillion), employing about 75,000 people in Hong Kong.
Building a bridge…