Hong Kong – SUNRATE has entered into an agreement with Hong Kong’s Office for Attracting Strategic Enterprises (OASES), joining the initiative as a designated strategic enterprise.
The arrangement reflects the company’s intention to strengthen its operational footprint in the territory and align its long-term development with Hong Kong’s financial ecosystem.
Hong Kong’s position as an international financial centre provides a structured regulatory environment and established compliance frameworks. Its access to international talent, open economic setting and geographic linkages with the Greater Bay Area contribute to its role as a conduit between mainland China and overseas markets.
“We are pleased to join OASES and establish Hong Kong as a key base in our global strategy,” Paul Meng, Co-founder and CEO of SUNRATE, stated.
“Building on Hong Kong’s unique advantages, we will continue to strengthen our core cross-border payment and global treasury management business, while expanding into emerging areas such as blockchain and Web3 digital finance, and exploring compliant innovation in these fields.”
With this, SUNRATE plans to increase its investment locally and advance its financial technology capabilities, supported by government-led facilitation measures designed to streamline enterprise establishment and expansion.
The company is expected to use Hong Kong as a central base for its broader global strategy, with a focus on enhancing its cross-border payments and treasury management services while also exploring opportunities in blockchain-enabled and digital finance applications within regulatory boundaries.
In the long term, SUNRATE intends to develop Hong Kong as a centre for innovation, working more closely with local industry participants and extending its compliant international payment network.
The company’s activities are positioned to contribute to the continued development of Hong Kong’s financial sector and its digital economy, particularly in areas linked to cross-border financial services and technology-driven solutions.
