US firms confident in HK rule of law, poll finds

More United States enterprises have expressed confidence in Hong Kong's rule of law and its role as an arbitration center, according to a survey released on Tuesday by the American Chamber of Commerce in Hong Kong.

The findings of the organization's 2024 Members Business Sentiment Survey, which was conducted online in November and December, were based on the views of 136 business decisionmakers of AmCham member companies. Thirty-five percent of those polled have global revenues exceeding $1 billion.

According to the survey, 79 percent of the respondents said they are confident about the rule of law in the Hong Kong Special Administrative Region, compared with 73 percent in 2023 and 25 percent in 2022. It also revealed that 78 percent of the companies do not plan to move their regional headquarters away from Hong Kong in the next three years.