The evolved economic has enlightenment in the discussion organization transnational operations with in the environmental evolving relations,and in theories literature review foundation,uses many Chinese-invested enterprises which go on the market in Hong Kong to conduct the cross-case study,proposed that in the enterprise internationalization advancement the risk recognition's evolution process,this evolution process is appears in the international environment twinkling change,the enterprise internationalization geographical scope and in the business model evolution process,and proposes in the enterprise internationalization new political risk the marginalization risk.