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As Hong Kong remains on track to polish its brand as a magnet for emerging global tech companies, KPMG places high hopes on the local bourse to attract some 160 offerings and raise total funds of no less than HK0 billion next year.

Arcfox aims to play a leading role in shaping the future of electric mobility and is also a part of BAIC's globalization strategy.

Around a decade ago, Maher was awarded the Friendship Award, the highest honor that a foreign expert or outstanding achiever can receive from the Chinese government.

As China's first big data pilot zone, the mountainous province is a top choice for big data facilities due to its moderate climate, sufficient power supply and good network infrastructure. It has attracted heavyweight players, including Apple, Qualcomm, Huawei, Tencent, Alibaba and Foxconn, to establish cloud computing and big data centers as well as regional headquarters.

Around 40 percent of those vehicles are exported to as many as 70 countries and regions, which have made Volvo the first premium brand to sell China-made vehicles to Europe and North America, the carmaker said.