SinoMab Awarded the “Most Valuable Pharmaceutical and Medical Company” in the Selection of the “7th Hong Kong Golden Stocks Awards” ACN Newswire

SinoMab Awarded the “Most Valuable Pharmaceutical and Medical Company” in the Selection of the “7th Hong Kong Golden Stocks Awards”

2022-12-19
HONG KONG, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - SinoMab BioScience Limited ("SinoMab" or the "Company", together with its subsidiaries, the "Group", stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that the Company was awarded the "Most Valuable Pharmaceutical and Medical Company" at the "7th Hong Kong Golden Stocks Awards Ceremony" held in Hangzhou today.The Company Awarded the "Most Valuable Pharmaceutical and Medical Company"The "Most Valuable Pharmaceutical and Medical Company" award aims to recognize Hong Kong-listed pharmaceutical and medical companies that have a healthy corporate governance structure, prominent industry status, sound governance structure, good main business, and the ability to provide investors with sustainable and stable values. SinoMab was awarded the "Most Valuable Pharmaceutical and Medical Company", highlighting the attention and recognition of the industry and investors on the Company's value and innovation capabilities, which is a great encouragement and even a spur to SinoMab.SinoMab is the first Hong Kong-based listed biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics, primarily monoclonal antibody ("mAb")-based biologics, for the treatment of immunological diseases. With R&D headquarter in Hong Kong and production base in China, the Company strives to become a leading global biopharmaceutical company for the development of novel drugs to fulfil unmet medical needs through its Hong Kong-based innovative R&D, and PRC-based manufacturing capabilities. Currently, various candidate products for all-field indications of autoimmune diseases in SinoMab's layout have started clinical trials successively and are progressing steadily. In particular, SM03 (Suciraslimab), the Company's flagship product, is a potential global first-in target mAb for the treatment of rheumatoid arthritis ("RA") and other immunological diseases such as Alzheimer's disease ("AD"), systemic lupus erythematosus ("SLE"), Sjogren's syndrome ("SS") as well as non-Hodgkin's lymphoma ("NHL"). The Phase III clinical trial of SM03 for treatment of RA completed its enrollment on 31 December 2021, and is expected to complete the last subject visit (FV) in December 2022, read out clinical data in the first quarter of 2023 and submit a New Drug Application ("NDA") to the National Medical Products Administration (the "NMPA") of the People's Republic of China ("PRC") for commercialization in the second half of 2023 at the earliest.Under normal operation of the human immune system, the B-cell receptor (BCR) pathway would be activated and create strong signals in response to foreign ("non-self") antigens and trigger a series of B-cell immune responses. To differentiate from our "self" antigens, our body would recruit molecules, like SHP-1, to inhibit or reduce BCR-induced signaling, thereby suppressing B-cell immune responses. SM03 can be used to recruit such immunosuppressive molecules as SHP-1 by conversion of cis-binding CD22 to trans-binding CD22, forming a stable CD22 trans-binding structure, thereby restoring the tolerance of B cells to our "self" antigens and inhibiting a series of immune responses of B cells to attack our "self" antigens, thus suppressing relevant immune responses.Most of the mechanisms of action of existing RA therapies will result in the depletion or death of B cells, which can have a series of side effects on the human autoimmune system. In contrast, SM03 suppresses the autoimmune response by regulating the function of B cells and does not damage the B-cells and does not affect the normal function of B-cells in the immune system. Data from the Phase II clinical trial showed that SM03 has a comparable response rate and a significant safety advantage over competing products currently available on the market.In addition, SN1011, a key product of the Company, has obtained four IND approvals from the NMPA for the treatment of SLE, pemphigus ("PV"), multiple sclerosis ("MS"), neuromyelitis optica spectrum disorder ("NMOSD") respectively. At the same time, the Company is planning an IND submission for MS in the U.S. SM17 (a humanized anti-IL-7RB monoclonal antibody for injection), another key product of the Company, its first healthy subject had been successfully dosed in a Phase I First-in-Human (FIH) clinical trial in the U.S. in June this year and the subjects are currently in normal condition.Previously, SinoMab appointed Mr. Shanchun WANG as the President (China) of the Company, mainly responsible for the China operation. Mr. Wang has rich experience in the pharmaceutical industry for more than 30 years, served as the executive director of Sino Biopharmaceutical Limited and the president of Chia Tai - Tianqing Pharmaceutical Group Co. Ltd., and is a specialist that granted the special government allowances of the State Council and awarded as a national model worker. SinoMab's dedication to the field of autoimmune diseases and its vision of growing into a global leader in novel treatments of immunological diseases is highly consistent with the development model of Mr. Wang's service enterprises in the past. As one of the leaders in the biopharmaceuticals enterprise in China with rich experience and practical achievements in corporate strategic management, organizational management, innovation research and development and product commercialization, Mr. Wang's engagement as the President (China) of the Company will help expediting the Company's development from a global drug research and development enterprise to a biopharmaceutical company bearing commercialization capabilities and international perspective.Dr. Shui On LEUNG, Chairman, Executive Director and Chief Executive Officer of SinoMab said that: "The Company is deeply honored to be awarded the "Most Valuable Pharmaceutical and Medical Company" in the selection of the "7th Hong Kong Golden Stocks Awards", which reflects the capital market's recognition of the Company's value, innovation capabilities and growth potential, and is a great encouragement to the Company. In the future, the Company will, in line with its original purposes, endeavor to discover and develop innovative drug targets, explore therapies for immune diseases, accelerate R&D and clinical trials of various products, and at the same time further expand the product pipeline and potential indications, accelerate the realization of product commercialization, strive to bring benefits to patients and create values for shareholders and investors. With the imminent completion of the Phase III clinical trial of its flagship product SM03, the Company is poised for a new leap of increase in value."About the Selection of the "7th Hong Kong Golden Stocks Awards"The selection of the "7th Hong Kong Golden Stocks Awards" was jointly organized by Zhitongcaijing.com, a leading Hong Kong and US stock information platform in China, with RoyalFlush Finance and China Galaxy Securities. This selection was rigorous and attracted over 1,000 entries from Hong Kong-listed companies, covering traditional industries such as petrochemicals, finance, and automobiles, as well as emerging industries such as chips, Internet, and medical and pharmaceuticals, which are leading the transformation of China's economy.About SinoMab BioScience LimitedSinoMab BioScience Limited (stock code: 3681.HK) is dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases. The Company's flagship product SM03 is a potential global first-in-target mAb against CD22 for the treatment of rheumatoid arthritis (RA) and is currently in Phase III clinical trial for rheumatoid arthritis in China, which has been recognized as one of the significant special projects of Significant New Drugs Development of the Twelfth Five-Year Plan Period and the Thirteenth Five-Year Plan Period. In addition, the Company possesses other potential first-in-target and first-in-class drug candidates, some of which are already in clinical stage, with their indications covering rheumatoid arthritis (RA), Alzheimer's disease, systemic lupus erythematosus (SLE), pemphigus (PV), multiple sclerosis (MS), neuromyelitis optica spectrum disorder (NMOSD), non-Hodgkin's lymphoma (NHL), asthma, and other diseases with major unmet clinical needs. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Nissin Foods (Hong Kong) Charity Fund and The Education University of Hong Kong Launch Scholarship for Elite Athletes ACN Newswire

Nissin Foods (Hong Kong) Charity Fund and The Education University of Hong Kong Launch Scholarship for Elite Athletes

2022-12-19
HONG KONG, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) has announced the launch of the Nissin Foods Scholarship for Elite Athletes by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Education University of Hong Kong ("EdUHK").Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund (middle right), and Professor Stephen CHEUNG Yan Leung, President of EdUHK (middle left), announced the launch of the Nissin Foods Scholarship for Elite Athletes. The four scholarship recipients for the 2022-2023 academic year are - Mr. Dickson TAM Joe Dick (first from left); Mr. WONG Hong Ching (second from left); Mr. CHOI Kwan Lok (first from right) and Ms. FU Chi Yan (second from right).The Scholarship is intended to encourage elite athletes who are on the Bachelor of Health Education (Honors) program or the Postgraduate Diploma in Education program at EdUHK to continuously pursue excellence in their athletic performance and their studies to become educators of health in the future. The four scholarship recipients for the 2022-2023 academic year are: Mr. CHOI Kwan Lok (cycling, retired); Ms. FU Chi Yan (badminton); Mr. Dickson TAM Joe Dick (triathlon, retired); and Mr. WONG Hong Ching (shuttlecock).Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund, said, "As a leading food manufacturer, we are not only committed to exploring food-related possibilities and creating fabulous tastes, but also nurturing talents for the food industry and the society. This is why we launched the Scholarship for Elite Athletes. We believe that by cultivating a healthy lifestyle among young people through food and sports, a new crop of elite athletes will emerge to carry on the Team Nissin spirit - passing it on from one generation to the next." Professor Stephen CHEUNG Yan Leung, President of EdUHK, expressed his sincere gratitude to the Charity Fund for their generous donation, and added, "The establishment of the scholarship enables current and retired athletes to diversify their career development. We also hope the perseverance and indomitable spirit these student-athletes demonstrate will set a good example for other students."Ms. ZHANG Ling, Sports Ambassador of Nissin Foods and former Hong Kong No. 1 tennis player, said, "I am glad to see our society showing greater care and appreciation towards athletes and supporting them in different ways. As a professional tennis player, I understand very well the many challenges that elite athletes face and what they need. I'm proud to be part of a team responsible for creating a better learning environment for potential teachers, which will ultimately help various beneficiaries, including the children in need. Through our collaborative efforts, we will play an active role in cultivating future leaders who will have a positive impact on Hong Kong, making it an even better place." About Nissin Foods (Hong Kong) Charity Fund The Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The Charity Fund obtained the tax exemption status for charitable institutions accorded by section 88 of the Inland Revenue Ordinance (Cap. 112) in September 2021. The objectives of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for people in need; and c) to carry out works of a charitable nature that are beneficial to the Hong Kong community. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Prenetics Acquires ACT Genomics; First M&A Deal since IPO, Set to Expand Footprint in Cancer Genomics ACN Newswire

Prenetics Acquires ACT Genomics; First M&A Deal since IPO, Set to Expand Footprint in Cancer Genomics

2022-12-16
HONG KONG, Dec 16, 2022 - (ACN Newswire via SEAPRWire.com) - Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a global leader in genomic and diagnostic testing, is acquiring a majority stake of ACT, an Asia based genomics company specializing in precision oncology with operations in Hong Kong, Taiwan, Japan, Singapore, Thailand and the UK, for an upfront consideration consisting of 19.9 million shares of Prenetics common stock and US $20 million cash (the "transaction"). That is the first M&A deal Prenetics is to make since its listing, which will expand its footprint in the cancer genomics space, bringing it closer to realizing the vision of building an end-to-end health ecosystem. With the acquisition well underway, effective from January 1, 2023, Professor Tony Mok, Chairman of ACT, will join Prenetics Scientific Advisory Board.Boasting cutting-edge technologies in cancer genomics and bioinformatics, ACT has a multi-diagnostic technology platform and offers a comprehensive range of products in clinical services with high pan-Asia coverage. In November 2021, ACT merged with Sanomics Holdings Limited ("Sanomics"), both of which were awarded the Elite Program funding by Hong Kong Science and Technology Parks Corporation ("HKSTP"), where the strongest technical ecosystem is provided locally to its park companies to grow and thrive. HKSTP is home to over 200 health tech related start-ups and several international research clusters in healthcare.With the continuous support from HKSTP and the government, Prenetics will have an extended reach to the healthcare technology market in the Greater Bay Area and beyond. Financially, ACT's revenue is expected to grow at a CAGR of 60% between FY2022 and FY2026. Prenetics expects ACT to contribute revenues of approximately US$25-30 million in 2023. When the acquisition is completed, leveraging ACT's R&D engines which specializes in next-generation sequencing and bioinformatics in both tissue and liquid biopsy, Prenetics will have the scientific rigor to offer tests to patients throughout their cancer journey. This will also position Prenetics solidly within the US$80+ billion global precision oncology market.Danny Yeung, Chief Executive Officer and Co-founder of Prenetics, said, "This is a significant move for Prenetics, as it is our first M&A deal since listing and is set to enlarge our footprint in the cancer genomics space. It is our goal to democratize testing and make cancer genomics accessible to all. With Professor Mok and the ACT team on board, we believe Prenetics can deliver the information needed to enable best-in-class personalized cancer care and make new heights. Lastly, we are actively n close discussions on additional M&A opportunities which we believe will be in the interest to Prenetics and our shareholders."Professor Tony Mok, Chairman of ACT Genomics, said, "We are very pleased to join forces with Prenetics. ACT has pioneered and made breakthroughs in cancer prevention and diagnostics since it was founded in 2014. Our flagship ACTOnco+ has provided oncologists and cancer patients with valuable biomarker information for therapy selection. I believe this transaction will give both companies enhanced financial strength and commercial and R&D capabilities to drive significant growth." Mr. Albert Wong, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation, said, "We are thrilled to witness this milestone, which is a clear vote of confidence in Hong Kong's ambition to become a biomedical technology center of excellence. It was only last year when we saw the merger of two health tech pioneers from the Hong Kong Science Park, ACT Genomics and Sanomics. The acquisition by Science Park incubatee, Prenetics, is a testament to the high-quality innovation ecosystem and translational research infrastructure that have been established at the Park over the past 20 years. Backed by government support and its unique advantages, Hong Kong is open to innovators from around the world who want to come and accelerate their future success." Under the terms of the transaction agreement, Prenetics has agreed to issue 19.9 million shares of Prenetics' class A ordinary shares and pay $20 million in cash. Upon closing, Prenetics will hold a majority stake in ACT. More details about the transaction can be found under link: https://prenetics.gcs-web.com/static-files/fd50a409-45b7-4827-96e0-1c207ccca5aa About PreneticsFounded in 2014, Prenetics is a major global diagnostics and genetic testing company with the mission to bring health closer to millions of people globally and decentralize healthcare by making the three pillars - Consumer Health, Clinical Care and Medical & Cancer Genomics - comprehensive and accessible to anyone, at anytime and anywhere. Prenetics is led by visionary entrepreneur, Danny Yeung, with operations across nine locations, including United Kingdom, Hong Kong, India, South Africa, and Southeast Asia. Prenetics develops consumer genetic testing and early colorectal cancer screening; and provides COVID-19 testing, rapid point of care and at-home diagnostic testing and medical genetic testing. Prenetics is listed on NASDAQ with the ticker PRE. To learn more about Prenetics, visit www.prenetics.com.About ACT Genomics / SanomicsACT Genomics is an innovation-driven cancer solution provider with offices in Taipei, Hong Kong, Singapore, Tokyo, Bangkok and UK. With our Next-Generation Sequencing (NGS) technology, CAP-accredited laboratories, experienced bioinformatics team, and proprietary AI algorithms, we provide optimal cancer treatment planning, immunotherapy evaluation, cancer relapse & drug resistance monitoring, as well as cancer risk assessment services to medical professionals. Together, we "Turn Genomics into Action". To learn more about ACT Genomics, visit www.actgenomics.com.Investor Relations contact:investors@prenetics.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Guangxi University of Foreign Language signs Memorandum of Understanding with Hang Seng University of Hong Kong ACN Newswire

Guangxi University of Foreign Language signs Memorandum of Understanding with Hang Seng University of Hong Kong

2022-12-16
HONG KONG, Dec 16, 2022 - (ACN Newswire via SEAPRWire.com) - Guangxi University of Foreign Languages ("GUFL") and The Hang Seng University of Hong Kong ("HSUHK") signed a Memorandum of Understanding ("MoU") on 30 November 2022. The MoU promotes a deeper cooperation between the two universities by integrating resources, academic strengths, research and other specialized academic fields. It also enhances the cultivation of top-notch multilingual talents with international perspectives that are needed to support the Greater Bay Area's future development. Additionally, it encourages graduates from the two universities to explore the tremendous market opportunities available within the ASEAN economies that are being fueled by the Belt and Road Initiative. Front row from left, Professor Gibert Fong (2nd), Professor Bradley R. Barnes (3rd), Ms. Wei Qian (4th), and Mr. Chow Ka Wo, Alex as well as other representatives took a group photo after the signing ceremony.Representatives who attended the online signing ceremony include Professor Gibert Fong, Dean from School of Translation & Foreign Languages of HSUHK, Professor Bradley R. Barnes, Dean from Business of School of HSUHK, Ms. Wei Qian, Executive Director, the chairlady of the Board and the chief executive officer of InnoEd Group Limited, Chairman and CEO, and Mr. Chow Ka Wo, Alex, Chief financial officer of InnoEd Group Limited. The MoU creates a unique collaborative arrangement that establishes exchange services between the two universities and enriches students learning experience. The student exchange program enables eligible students to enroll at the other's university in order to widen their academic exposure and enhance their international experience. Additionally, a faculty exchange program is being established to promote academic interaction and cooperation, as well as create a strong foundation to develop joint training programs, joint research programs, and share teaching curriculum. The two universities will promote academic cooperation and educational programs development by regular exchanges, mutual visits, academic interaction and cooperation between faculty and students. Futhermore, the universities will actively explore opportunities to cooperate in joint research projects, international conferences, seminars and other academic exchange activities to enhance their academic reputations, strengthen their education programs in related industries and promote mutual progress in teaching, research and other academic aspects.Expanding higher education's prospects through cooperation, cultivating talents with international perspectives GUFL's management stated that GUFL aims to cultivate talents with multiple language skills, practical business knowledge and international perspectives. GUFL is ideally positioned in Guangxi, a frontier and important window for exchanges and cooperation between China and the ASEAN countries. The university is using its geographical advantage to develop the necessary talent to support the development of the ASEAN region and Belt and Road Initiative. In contrast, HSUHK is based in Hong Kong, a renowned international city that plays an important role in the development of the Greater Bay Area. The university implements a unique "Liberal + Professional" education model that prioritizes teaching quality and students' all-round development to foster students realizing their full potential.Through the universities' exchange programs and cooperation, the Management believes that it will not only help expand cooperation between other universities in Mainland China and Hong Kong to develop similar academic exchange programs, joint research and other collaborations, but also promote students from the two places to gain a broader international perspective and contribute to the country's future development. The GUFL program will bolster students' knowledge of non-language majors while also developing their foreign language skills. This program embraces the school's educational philosophy of placing equal emphasis on language learning and professional education, while also enabling students to broaden their international perspective through attending HSUHK. Additionally, the cooperation provides an opportunity for HSUHK students to develop a second language, and learn about Southeast Asian culture. Essentially, the exchange program cultivates outstanding talents who can contribute to the deepening ASEAN economic cooperation and development. With unique teaching backgrounds and geographical advantages, the cooperation is expected to develop talents with international vision and promote the diversification and internationalization of the higher education industry in both Mainland China and Hong Kong.Pursing national policies to advance the Greater Bay Area developmentThe Central Committee of the Chinese Communist Party and the State Council issued its "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area", which calls for building an education and talent highland in the Greater Bay Area. The outline includes cooperation among schools and universities, encouraging joint development of advantageous disciplines, laboratories and research centers, supporting the construction of an international education demonstration zone in the Greater Bay area, encouraging Hong Kong and Macao youths to study in Mainland China schools, promoting cooperation in various aspects of vocational education in Guangdong, Hong Kong and Macao, expanding cooperation between the Mainland China, Hong Kong and Macao universities, and supporting exchanges and cooperation among various vocational education training bases."This cooperation closely follows the Greater Bay Area development plan and is in line with the Greater Bay Area's talent cultivation policy. Both institutions will further explore innovative ways to strengthen students' academic progress through exchange programs and interactions between teachers and students, so as to empower the future development of the Greater Bay Area." The Management continued. Providing Hong Kong's needed multilingual talent, deepening and expanding the market opportunities in ASEAN region and the Belt and Road Initiative As the international city of the Greater Bay Area, Hong Kong has many permanent residents from ASEAN countries. The open economic system and position as an international financial, trade and shipping centre creates strong demand for multilingual talents. GUFL, as the only private undergraduate university of foreign languages in Guangxi, specializes in providing top quality language programs focusing on Southeast Asian languages. The university embraces the mission of "Established in Guangxi, Oriented towards China, Radiate to Southeast Asia" to meet the many evolving demands driven by local and regional socio-economic developments. The exchange programs and cooperation will not only help meet Hong Kong's demand for multilingual talents, but will also provide Hong Kong students with the opportunity to experience Guangxi and learn about Southeast Asia's diverse culture. This knowledge will be invaluable to developing career opportunities in the Asia Pacific region.The GUFL Management commented, "Signing the MoU with HSUHK opens up new prospects for the university and our students. The cooperation will enable us to cultivate more multilingual talents with an international perspective. Simultaneously, it enhances the relationship between two top universities, and further strengthens the communication between the Mainland China and Hong Kong in the field of higher education."Looking forward, Management expects to develop stronger professional and applied Southeast Asian language programs and cultivate more talents with a balanced emphasis on strengthening language skills and professional education, thereby promoting the integrated development of Guangxi and the ASEAN regions for building a strong highly educated society.About Guangxi University of Foreign LanguagesGuangxi University of Foreign Languages ("GUFL") is affiliated to the InnoEd Group Limited, who is the largest private foreign language higher education institution in China. GUFL is the largest private undergraduate education institution in Guangxi in terms of undergraduate enrolment in the 2020/2021 academic year, according to Frost & Sullivan. GUFL primarily offers bachelor's degree programmes and junior college diploma programmes. The curricula is designed with a distinct emphasis on the integration of language learning with professional education. It specializes in the education of Southeast Asian languages, including Thai, Vietnamese, Cambodian, Lao and Indonesian. Meanwhile, it offers 56 majors across six main academic disciplines, including literature, economics, management, education, arts and engineering.The two campuses of GUFL are situated in Nanning, Guangxi, the permanent site of the China-ASEAN Expo, and Fusui, Guangxi, National Nanning - ASEAN Economic Development Zone, being strategic locations in the development of free trade and economic cooperation between China and the ASEAN. GUFL has adopted the service-oriented positioning of "Established in Guangxi, Oriented towards the entire China, Radiate to the Southeast Asia" and has a mission to cultivate talent with niche language skills, practical knowledge and an international perspective to meet the evolving demands driven by local and regional socio-economic developments. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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HKTDC Export Index 4Q22: Hong Kong exports expected to grow 5% in 2023 ACN Newswire

HKTDC Export Index 4Q22: Hong Kong exports expected to grow 5% in 2023

2022-12-15
HONG KONG, Dec 15, 2022 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Trade Development Council (HKTDC) projects that Hong Kong's exports will grow 5% next year - a recovery from the 6% decline this year. HKTDC Director of Research Irina Fan said: "Hong Kong's exports will gradually regain growth momentum amid the receding pandemic, easing of COVID-19 restrictions and resumption of cross-border land transportation."HKTDC Director of Research Irina Fan (R) and Assistant Principal Economist (Greater China) Alice Tsang announced the HKTDC Export Index for the fourth quarter of 2022 and export forecast for 2023 at a press conference today (15 December)HKTDC Director of Research Irina FanHKTDC Assistant Principal Economist (Greater China) Alice TsangThe latest HKTDC Export Index survey shows that significantly more exporters indicated businesses were no longer suffering from pandemic-related problems (up 10.6 percentage points from the previous quarter to 32.7%), with progress made towards resolving the challenge of high transportation costs and logistics bottlenecks.Yet, more respondents said buyers haggled over prices (25.7%, up 9.3 percentage points) and reduced order sizes (40.1%, up 5.0 percentage points). Most respondents said they expected sales next year to decrease (49.4%) or remain on a par with sales this year (28.3%). "Lingering geopolitics, coupled with the risk of global stagflation, has dampened consumer sentiment and business confidence," Ms Fan explained.Recessions risksThe risks of an economic slowdown or recession in major markets (36.2%) and difficulties in cross-border travel (21.1%) have become exporters' key concerns. In response, most said they would develop new products (50.0%), stabilise cash flow (34.6%) and cut costs (30.5%) in the coming year. Other business strategies to be adopted included lowering minimum order quantities, increasing the use of e-commerce for sales and purchases as well as enhancing marketing, promotional or business matching activities."High inflation and high interest rates will weaken purchasing power and consumers' desire in the European and American markets. Meanwhile, the Association of Southeast Asian Nations (ASEAN) has become the bright spot for the city's exports. Local exporters should also pay more attention to the opportunities in the Mainland China market. Product-wise, toys and timepieces related to smart and intellectual property (IP) will have higher chance," Ms Fan said.Sentiment edges downThe HKTDC interviewed some 500 Hong Kong exporters in mid-November for the survey to gauge business confidence about near-term export prospects. Respondents come from six major industries - clothing, electronics, jewellery, machinery, timepieces and toys. Readings above 50 indicate a positive sentiment, while below 50 is negative.The HKTDC Export Index dropped 3.1 points from the previous quarter to 29.7. "The uncertainties led by slowing global demand has affected exporters' sentiments," said HKTDC Assistant Principal Economist (Greater China) Alice Tsang.Machinery, watches outperformMs Tsang added that machinery (38.3, up 3.4 points) was the most upbeat sector, followed by timepieces (36.8, up 3.0 points), while jewellery recorded a sharp fall of 13.4 points to 30.8. Other sectors such as toys (28.9, down 8.1 points) and fashion (23.8, down 7.4 points), also dropped significantly.It is worth nothing that all major markets recorded declines. Exporters have more confidence in Asian countries, with Japan topping the table at 47.2, followed by Mainland China (44.4) and the ASEAN bloc (43.5). They, however, remained less optimistic about the EU (40.4) and the US (40.2) markets, as persistent inflationary pressures and the likelihood of recession were set to hamper demand.Growth in AsiaIn the first 10 months of 2022, Hong Kong's total exports fell 4.4% over the same period last year. This was mainly due to pandemic disruption on cross-border trade flows between Mainland China and Hong Kong. Meanwhile, the city's exports to key major Asian markets saw double-digit growth, as the intra-regional supply chain expanded. For instance, Hong Kong's exports to the ASEAN bloc increased 12.6% year-on-year, while they surged 15.0% and 13.5% to Taiwan and Korea, respectively.However, Hong Kong's exports to the US showed no growth and shipments to the EU fell 2.9% during the same period, as aggressive central bank monetary tightening, high energy and food inflation as well as the lingering Russia-Ukraine conflict dampened consumer and business sentiment.New products, new opportunitiesLooking ahead, it is expected that toys exports will benefit from new 3D live-action games, and other peripheral products derived from film, TV and video games. Household electrical appliance exports will also pick up next year, as many restaurants, hotels and offices resume normal operations.New products, such as robot vacuum cleaners and sound-activated light switches, also appeal to consumers. Moreover, smartwatches with more advanced health and wellness functions, such as electrocardiogram (ECG) sensor and blood oxygen readouts are becoming more popular.To view our press releases in Chinese, please visit http://mediaroom.hktdc.com/tcReferences- HKTDC Research website: http://research.hktdc.com/ - HKTDC Export Index 4Q22: Local Exporter Confidence Falters in Face of Global Economic Slowdown https://bit.ly/3FNwCIz- Covid Legacy and Global Economic Downturn Impact Hong Kong's 2023 Export Outlook https://bit.ly/3FOh7QH- Photo download: https://bit.ly/3FOi7nIAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact the HKTDC's Communication and Public Affairs Department:Beatrice Lam, Tel: +852 2584 4049, Email: beatrice.hy.lam@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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EC Healthcare wins “Best in Healthcare Sector” at IR Magazine's Greater China Awards 2022 ACN Newswire

EC Healthcare wins “Best in Healthcare Sector” at IR Magazine's Greater China Awards 2022

2022-12-14
HONG KONG, Dec 14, 2022 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, is pleased to announce the Group has garnered the "Best in Healthcare Sector" at IR Magazine's Greater China Awards 2022.IR Magazine has honored excellence in investor relations around the world with awards which recognize companies that are leading the way for the IR community. This award is determined by the input of hundreds of analysts and portfolio managers, who give their opinions on which companies provide them with the best IR service. Winning this award showcases the Group's commitment to upholding the highest standard of investor relations and carries the weight of recognition from the entire investment community.Mr. Eddy Tang, Chairman, Executive Director and Chief Executive Officer of EC Healthcare said, "The Group is honored to receive the "Best in Healthcare Sector" from IR Magazine Awards - Greater China 2022. This prestige Award demonstrates the recognition of our Group's efforts to achieve excellences in corporate governance, investor relations, transparency, and communication channel building. Looking forward, we will continue to spare tremendous effort with the aim of further consolidating the leading position in the healthcare market and make premium medical service affordable, attenable and sustainable. The Group wishes to excel together with our much-valued stakeholders to maximize overall welfare of our company and the greater community."About EC Healthcare EC Healthcare is Hong Kong's largest non-hospital medical service provider*, leveraging its core businesses of preventive and precision medicine, and committed to developing medical artificial intelligence by integrating its multi-disciplinary medical services. The move, which is supported by the Group's high-end branding and quality customer services, is aimed at offering customers safe and effective healthcare and medical services with professionalism. The Group is a constituent stock of the Hang Seng Composite Index and the MSCI Hong Kong Small Cap Index.The Group principally engages in the provision of one-stop medical and health care services in Greater China. The Group provides a full range of services and products under its well-known brands, including those of its one-stop aesthetic medical solutions provider DR REBORN which has ranked first in Hong Kong by sales for years, a professional hair care center HAIR FOREST, primary care clinics jointly established with health management centre re:HEALTH, a vaccine centre Hong Kong Professional Vaccine HKPV, General outpatient clinic Tencent Doctorwork, the largest one-stop pain management centre in Hong Kong New York Medical Group, the comprehensive dental centres Bayley & Jackson Dental Surgeons, EC DENTAL CARE and Health and Care Dental Clinic, an advanced diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day procedure centre HKMED, a specialty clinic PREMIER MEDICAL CENTRE, SPECIALISTS CENTRAL and NEW MEDICAL CENTER, a paediatric centre PRIME CARE, a gynaecology specialist ZENITH MEDICAL CENTER AND PRENATAL DIAGNOSIS CENTRE, PathLab Medical Laboratories, Ophthalmology Center VIVID EYE and EC Veterinary Hospital and Imaging Center.*According to independent research conducted by Frost and Sullivan in terms of revenue in 2020 and 2021 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Eco Expo Asia opens today ACN Newswire

Eco Expo Asia opens today

2022-12-14
HONG KONG, Dec 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Eco Expo Asia 2022, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), begins today at the Hong Kong Convention and Exhibition Centre (HKCEC). The four-day Expo runs until 17 December and adopts the brand-new EXHIBITION+ model, which allows exhibitors and buyers to extend interactions from the physical fair to the online platform "Click2Match" until 24 December. The last day of the event on 17 December is open to the public for free to encourage them to take part in green activities and practice green living.The Eco Expo Asia 2022, jointly organised by HKTDC and Messe Frankfurt (HK) Ltd, opens today.HKTDC Deputy Executive Director Sophia Chong, spoke at the Opening Ceremony today.Tse Chin-wan, Secretary for Environment & Ecology of the HKSAR Government visits the fairground with Sophia Chong, Deputy Executive Director of the HKTDC, and other VIP guests.Tse Chin-wan, Secretary for Environment and Ecology, HKSAR Government and Sophia Chong, Deputy Executive Director, HKTDC, officiated at the expo's opening ceremony this afternoon. In her remarks, Ms Chong said: "Themed under 'Green Innovations for Carbon Neutrality', this year's Expo attracted close to 250 exhibitors from nine countries and regions gathering the latest green products, technology and solutions under one roof. It provides a prominent business platform for different industries to capture green business opportunities and help push forward sustainable development globally".Eco Asia Conference brings together industry leaders to unveil new trends and insightsAs the key event of the Expo, this year's Eco Asia Conference will be held from today to 16 December. The conference brings together industry leaders from all over the world to share their insights on the four major issues of environmental protection. In the session 'Potential of Repair and Reuse in Achieving a Circular Business Model', Simon Ng, Chief Executive Officer of the Business Environment Council, was invited to deliver a welcome address, followed by a discussion among representatives of the Business Environment Council and industry leaders on how to integrate item repair and reuse in different business models to drive a circular economy in Hong Kong.For the session 'Government Session: Carbon Neutrality - Challenges and Opportunities Ahead', Zhou Guomei, Director General, Hong Kong and Macao Affairs Office, Ministry of Ecology and Environment; Lu Xiulu, Director-General, Department of Ecology and Environment of Guangdong Province; Tam Vai Man, Director of the Environmental Protection Bureau of Macao SAR Government and Li Shuisheng, Director, Ecology and Environment Bureau of Shenzhen Municipality were invited to present the policies and share the latest developments for achieving carbon neutrality in Mainland China and Macao SAR.Eco Asia Conference will focus on two main themes tomorrow, including 'Advancing Net Zero - Retrofit for Building Energy Efficiency' and 'Green & Sustainable Finance Session: Establishing Hong Kong as a Regional Carbon Trading Hub'. In the first session, representatives from the Hong Kong Green Building Council and Sino Estates Management Limited discuss how building energy-saving retrofit projects can help drive Hong Kong towards carbon neutrality. In the second session, the Hong Kong Exchanges and Clearing Limited (HKEX), Securities and Futures Commission and a number of industry leaders have been invited to talk about green and sustainable financial market momentum in Mainland China, Hong Kong and globally, with a focus on how to establish Hong Kong as a regional carbon trading market. On the third day (16 December), the much-anticipated '3rd Hydrogen Economy Forum' has invited a number of experts to talk about the latest developments in the use of hydrogen as a main energy source within the global economy.In recent years, the world has committed to the development of a green and sustainable global economy. The Expo has received strong support from HSBC, and has invited Carrie Ng, Head of Sustainable Finance, Commercial Banking, Hong Kong, HSBC; Ophelia Lin, Founder and Managing Director, Meiriki Japan Company Limited; Joy Song, Vice General Manager, CECEP Environmental Consulting Group Limited; Johnny Tam, Co-founder & BIM Scientist, XenseTech, and Jenny Lee, Under Secretary General, Hong Kong Green Finance Association to talk about 'Sustainable Finance in Accelerating the Net Zero Transition: SME and ClimateTech'. The Expo has also invited Max Wong, Managing Director of Project & Operations (HK), Link Asset Management Limited to introduce their latest sustainability initiatives through 'A Real Time Walk to See How We Link Sustainability with Communities'.Japan Pavilion returns to the Expo with largest line-up everThe Expo includes a strong line-up of exhibitors from Mainland China, Singapore and Taiwan in Asia, and exhibitors from France, Germany and Sweden in Europe. Alongside the individual exhibitors, the Canadian and Japanese Pavilions return again this year to showcase their national strengths. The Japan Pavilion (booth 1B-E22&E26) is backed by the Hong Kong Japanese Chamber of Commerce and Industry and the Japan External Trade Organization, featuring the largest line-up ever with 38 exhibitors. Toyota Tsusho HK, a subsidiary of the Toyota Group, introduces ecological and renewable energy technology including developments in hydrogen energy use; YKK Hong Kong showcases environmentally friendly zippers made from plant-based materials, as well as a newly launched waterproof zipper made from recycled polyethylene terephthalate (PET) plastic.The Canada Pavilion (booth 1B-E16) includes exhibitors from the fields of waste treatment, green buildings, solar power generation, and the Internet of Things (IoT). CarbonCure Technologies Incorporated, an exhibitor making its debut appearance at the Expo, introduces its innovative technology for using recycled carbon dioxide to manufacture reinforced concrete."Green Transportation" zone displays single-deck hydrogen energy busThe latest Policy Address mentioned that the HKSAR Government will cease new registration of fuel-powered and hybrid private cars by 2035. The "Green Transportation" zone at the Expo gathers the latest electric vehicles and charging facilities to help the industry seize business opportunities. The largest exhibitor, Wisdom Motors (HK) Limited (booth 1A-C31), displays its single-deck hydrogen energy bus along with the double-decker electric buses serving in Hong Kong to promote carbon neutrality. Richburg Corporation Limited (booth 1B-B32) features its improved and upgraded versions of electric cars in which the battery life and fast charging performance have been greatly improved, allowing an 80% recharge in just 42 minutes.Diverse eco-friendly products lead to a green lifestyleIn the "Eco-friendly Products" zone, Novetex Textiles Limited (booth 1B-A24) introduces its textile recycling system "The Billie System", which converts waste from textiles into high-quality recycled fibres. Combining with raw and recycled materials, the System produces unique recycled yarns to help make the clothing and fashion industries green. In the "Water Treatment and Quality Management" zone, ShaanXi ORCA Electronic Intelligent Technology Co., Ltd (ORCAUBOAT) (booth 1B-C25) presents an unmanned environmentally friendly vessel which can navigate and clean garbage round the clock on a pre-set course."Green Buildings and Energy Efficiency Zone" displays include a small, but high-efficiency generator system developed by Robin Energy Limited (booth 1B-E12), which can generate electricity in light wind conditions, representing a boost to the conversion efficiency of wind energy to electricity; Huawei International Co Limited's (booth 1B-E07) solar energy storage system can switch to backup mode using stored energy in 5 seconds if a power outage occurs at home; and an exterior wall coating based on Japanese rocket and aerospace technology from new exhibitor Nishitani (Asia) Limited that helps buildings block ultraviolet rays to increase building energy efficiency.Green Workshops and other inspiring activities on Public Day to promote a green lifestyleThe last day of the Expo (17 December) will be open to the public for free, with the aim of inspiring individuals to adopt a green lifestyle. The day will offer a series of environmental protection seminars, including ones led by the Environmental Protection Department, 'Reduce Disposable Plastic Tableware at Source' and 'Sharing of the Latest Policies of Environment and Ecology Bureau', as well as a 'Climate Change - Its Causes and Effects' session organised by the Hong Kong Observatory. Green Workshops like 'Pearl Bracelet Workshop', 'DIY Toy Workshop', 'Build Your Own Water Filter STEM Workshop' and immersive activities including virtual reality (VR) experiences, will be held to encourage the public to practise green living and reduce waste proactively.Website: www.ecoexpoasia.comHKTDC Media Room: http://mediaroom.hktdc.comPhoto download link: https://bit.ly/3Wiqsp0About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.orgEric Wong, Tel: +852 2584 4575, Email: eric.ks.wong@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Eco Expo Asia opens next week to drive carbon neutrality ACN Newswire

Eco Expo Asia opens next week to drive carbon neutrality

2022-12-08
HONG KONG, Dec 8, 2022 - (ACN Newswire via SEAPRWire.com) - The Eco Expo Asia 2022, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), will run from 14 to 17 December at the Hong Kong Convention and Exhibition Centre (HKCEC). The Expo will adopt the brand-new EXHIBITION+ model, which allows exhibitors and buyers to extend interactions from the physical fair to the online platform "Click2Match" until 24 December. The last day of the event on 17 December is open to the public for free to encourage them to take part in green activities and practise green living.HKTDC Deputy Executive Director Sophia Chong, spoke at the press conference today to introduce the exciting content of this year's Eco Expo Asia.The Japanese Pavilion will participate in this year's Expo with its largest line-up ever with the full support of the Hong Kong Japanese Chamber of Commerce and Industry and the Japan External Trade Organization.The new policy address is committed to promoting green transportation and JC Motor Limited has brought the latest BYD electric taxi and electric vehicle to showcase at the press conference.The Expo is expected to attract over 220 exhibitors from nine countries and regions including Mainland China, Singapore and Taiwan in Asia, and France, Germany and Sweden from Europe. The Canadian and Japanese pavilions will also return this year, with the Japanese pavilion showcasing its largest line-up ever of innovative technology and products from the environmental protection sector.HKTDC Deputy Executive Director Sophia Chong, said in the press conference: "Green industries have significant growth potential and are crucial to the sustainable development of the economy. Relevant polices and regulations have already been stipulated and implemented in many countries and regions. The Expo aims to catalyse cooperation and exchange within the environmental protection sector and across industries to help companies generate business opportunities, and work together to achieve carbon neutrality".Bruno Luk, Deputy Director of the Environmental Protection Department of the HKSAR Government, hoped that the Expo could advocate green innovation and technology, foster environmental protection cooperation and exchanges between the Government and the industries. It should also facilitate global green business connections, and encourage the public to adopt a green and low-carbon lifestyle so that all walks of life in Hong Kong can join hands to undertake a deep decarbonisation journey to achieve the goal of carbon neutrality before 2050, and narrate the good environmental stories of Hong Kong.Japan Pavilion returns to the Expo with the largest line-up everThis year, the Japanese Pavilion is fully supported by the Hong Kong Japanese Chamber of Commerce and Industry as well as the Japan External Trade Organization. The pavilion will gather 38 exhibitors, constituting the largest ever line-up in the pavilion's history. Toyota Tsusho HK, the trading arm of the Toyota Group, will showcase its clean and renewable power generation technology, including hydrogen power. Mitsubishi HC Capital Hong Kong Limited will introduce its green financing solutions, and their innovative ways to help customers achieve carbon neutrality.This year's Expo has also attracted the participation of the Canadian pavilion, with exhibitors from waste treatment, green buildings, solar power generation, Internet of Things (IoT) and other fields. CarbonCure Technologies Incorporated, an exhibitor making their debut appearance at the Expo, will display its innovative technology using recaptured carbon dioxide to manufacture reinforced concrete.Full support from the Government and across industries in Hong Kong to promote environmental protectionThe Expo continues to be supported by many Hong Kong government departments, various industry associations and companies. This year, the Environment and Ecology Bureau will participate in the Expo together with ten other government departments, including the Energizing Kowloon East Office of Development Bureau making its debut, to introduce the Government's environmental protection policies. In addition, the Hong Kong Productivity Council, the Federation of Hong Kong Industries and other industry associations and enterprises will showcase waste reduction and energy saving products and technologies at the Hong Kong Pavilion.Nine thematic zones to act as catalyst for all-round green technologyNine thematic zones are to be featured this year, including "Green Transportation", "Waste Management and Circular Economy" and "Startup Zone". Among them, the "Green Buildings and Energy Efficiency" zone will welcome 17 exhibitors, including Nishitani (Asia) Limited, a new participant who will introduce exterior wall coatings that block ultraviolet rays using Japanese rocket and aerospace technology to increase building energy efficiency. The Construction Industry Council, also a driving force in the realm of green buildings, will hold the "Construction Innovation Expo 2022" at the HKCEC concurrently, creating greater synergies for exhibitors and buyers.Hydrogen bus on display at "Green Transportation" zoneIn its latest policy address, the HKSAR Government announced that new registration of fuel-powered private cars (including hybrid vehicles) will end in 2035 or earlier. The "Green Transportation" zone at the Expo will showcase the latest electric vehicles and charging facilities to help the industry seize business opportunities. Richburg Corporation Limited will display the latest improved and upgraded models of electric cars by MG with longer battery life and re-charging performances of up to 80% within 42 minutes, while JC Motor Limited will showcase BYD's latest electric taxis. This year's Expo also features hydrogen energy transportation technology, like Wisdom Motor (HK) Limited will showcase its hydrogen fuel cell bus and CIMC Enric Holdings Limited will introduce hydrogen energy production and storage technology to gear up for a hydrogen economy.Eco Asia Conference unveils the latest trends and green opportunitiesAs the key event of the Expo, this year's "Eco Asia Conference" will be held from 14 to 16 December. Speakers on the first day of the conference include representatives from the Hong Kong and Macao Affairs Office, Ministry of Ecology and Environment; the Department of Ecology and Environment of Guangdong; the Environmental Protection Bureau of Macao SAR Government and the Ecology and Environment Bureau of Shenzhen Municipality. They will touch on the policies and latest developments for achieving carbon neutrality in the Mainland and Macao SAR. The much-anticipated "3rd Hydrogen Economy Forum" will also invite experts to share their vision on the global outlook for a hydrogen economy. Industry leaders will provide insights on current market conditions for green and sustainable finance and carbon trading in the Mainland, Hong Kong and globally, and discuss how to shape Hong Kong into a regional carbon trading market.The world has been increasingly committed to the development of a green and sustainable global economy. The HSBC is no exception, and has provided strong support to the Expo. Carrie Ng, Head of Sustainable Finance, Commercial Banking, Hong Kong, HSBC; Ophelia Lin, Founder and Managing Director, Meiriki Japan Company Limited; Joy Song, Vice General Manager of CECEP Environmental Consulting Group Limited, and Jenny Lee, Under Secretary General of Hong Kong Green Finance Association, among others have been invited to speak on "Sustainable Finance in Accelerating the Net Zero Transition: SME and ClimateTech". The Expo has also invited Max Wong, Managing Director of Project & Operations (HK), Link Asset Management Limited to introduce their latest sustainability initiatives in the communities through "A Real Time Walk to See How We Link Sustainability with Communities".Exciting activities held on Public Day to promote a green lifestyleThe last day of the Expo (17 December) will be open to the public for free. A series of environmental protection seminars, green workshops and immersive activities including virtual reality (VR) will be held to encourage the public to proactively practise green living and reduce waste in their daily lives.Website: http://www.ecoexpoasia.comPhoto download link: https://bit.ly/3FAmYIYAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.orgEric Wong, Tel: +852 2584 4575, Email: eric.ks.wong@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Deloitte Hong Kong celebrates 50th anniversary and commits to empower 10,000 local secondary school students in the next five years

2022-12-07
INspire HK: Future Ready Talent initiative will develop talent to build Hong Kong's 'eight centers' HONG KONG, CHINA, Dec 7, 2022 - (ACN Newswire) - This year marks the 25th anniversary of Hong Kong's return to the motherland and Deloitte's 50th anniversary in Hong Kong. To celebrate this landmark, Deloitte today announces the launch of a new talent development initiative - INspire HK: Future Ready Talent - with a commitment to empower 10,000 Hong Kong secondary school students in the next five years to become future-ready talent with strong national connectivity and a global vision. [caption id="" align="aligncenter" width="500"] Mr. Patrick Tsang, Deloitte China CEO (Left); Mr. Edward Au, Deloitte China Southern Region Managing Partner (Right)[/caption] [caption id="" align="aligncenter" width="500"] Mr. Patrick Tsang, Deloitte China CEO[/caption] Through a diversified, one-of-a-kind learning experience, INspire HK: Future Ready Talent focuses on boosting local young talent's 'future skills' by enhancing their knowledge of advanced technology and innovation capabilities, equipping them with a global mindset to promote national development. With the arrival of the digital economy, many countries have in recent years introduced strategies to compete for talent to build an innovative economy. Amid a shortage of talent, the HKSAR Government rolled out a series of aggressive measures in the recent Policy Address to attract high-caliber global talent to Hong Kong, with a view to furthering the development of the 'eight centers' and integration into the national economy, while injecting new impetus into local economic growth and diversification. Deloitte China CEO Patrick Tsang says, "As a locally-rooted and globally connected integrated professional services organization, Deloitte China has been steadfast in fulfilling our corporate social responsibility to support China's strategy on developing a quality workforce in the new era for robust and sustainable growth." "Hong Kong is where we laid the foundation for our success today, and we continue to be committed to contributing our strengths to develop the next generation of local talent, and support Hong Kong's future growth and prosperity. In addition to our participation in the HKSAR Government's Strive and Rise Programme(1), with our strong local and global networks, deep market insights, and advanced digital capabilities, INspire HK: Future Ready Talent can become an impactful platform to nurture future-ready young talent for Hong Kong." An integral part of Deloitte's INspire HK strategy(2), INspire HK: Future Ready Talent supports the development of secondary four to six students through a series of diversified training and learning activities, aiming to help them enhance their international perspectives, understand emerging technologies and business trends, and broaden exposure to work environments across geographies. Combining theory and practice, the program will offer interactive online and offline learning courses, job shadowing, visits to Deloitte offices in China, as well as Deloitte University in Beijing and its sister institutions around the world. Besides providing traditional business and financial knowledge, the program will be structured around Hong Kong's 'eight centers' positioning, covering the 'ABCDEF' concepts (AI, blockchain, cloud, data analytics, ESG, fintech, etc) to help students become 'future-ready' talent by strengthening key 'future skills' in sustainable development, innovative technology, and digital. The program will also help students gain insights into the development and prospects of various markets, while encouraging them to expand their horizons and cultivate creative, multi-perspective thinking to create more future opportunities. Tsang says, "Established on the concept of 'National Connection. Global Vision. INspiring youth to shape a better future', INspire HK: Future Ready Talent not only demonstrates our commitment to talent development, but also reflects our confidence in Hong Kong and aspiration to create a brighter future for a city that we are proud to call our home for 50 years." Note: (1). 'Strive and Rise': Deloitte Foundation Hong Kong uplifts youth for brighter futures | Deloitte China | Newsroom (Deloitte.com) (2). Deloitte announces HKD1 billion strategic investment in Hong Kong | Deloitte China | Newsroom (Deloitte.com) About Deloitte China Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China's reform, opening-up and economic development. We are a globally connected and deeply locally-rooted firm, owned by its partners in China. With over 20,000 professionals across 30 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit & assurance, consulting, financial advisory, risk advisory, business advisory and tax services. We serve with integrity, uphold quality and strive to innovate. With our professional excellence, insight across industries, and intelligent technology solutions, we help clients and partners from many sectors seize opportunities, tackle challenges and attain world-class, high-quality development goals. The Deloitte brand originated in 1845, and its name in Chinese denotes integrity, diligence and excellence. Deloitte's professional network of member firms now spans more than 150 countries and territories. Through our mission to make an impact that matters, we help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities (collectively, the "Deloitte organization"). DTTL (also referred to as "Deloitte Global") and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region. Please see www.deloitte.com/about to learn more. Disclaimer This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms or their related entities (collectively, the "Deloitte organization") is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities. 2022. For more information, please contact Deloitte China. Contact: Ashley Leung Tel: +852 2109 5261 Email: asleung@deloitte.com.hk Contact: Lyanna Chan Tel: +852 2238 7111 Email: lyachan@deloitte.com.hk
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NUNMN and Nulab Technology LTD. Supplements Opening Their Online Store to the Hong Kong Market ACN Newswire

NUNMN and Nulab Technology LTD. Supplements Opening Their Online Store to the Hong Kong Market

2022-12-07
HONG KONG, Dec 7, 2022 - (ACN Newswire via SEAPRWire.com) - NUNMN, part of Nulab Technology Ltd., is a rapidly-expanding company in Canada that offers 99.5% pure NMN supplements and they are now available in the Hong Kong market. Previously only sold throughout Canada and the US, Nulab Technology LTD has decided to expand its sales and provide NMN supplements to customers in Hong Kong, as an entry point to the Asian market.During a recent interview, Nulab Technology LTD president Alan M. had this to say: ''Each year, the supplement receives a high volume of new users from all corners of the world. We have had inquiries from Asia, Africa, Europe and South America, Oceania & North America. All our products are authorized by Health Canada as they improve health performance and meet consumer demands. Hong Kong is just part of the second phase of our global expansion plan!"According to Alan M., NUNMN and Nulab Technology LTD's recent expansion is only the start. They have already initiated market research to gain a foothold in the European and South American markets as well.Nulab Technology LTD's president said that originally starting in Canada as a health supplement supplier, they have now reached customers all over the world with their global network and website.Now that they have consistent customers in Canada and that the US market is growing, they have brought the business to a point where expanding makes even more sense. After months of research, testing, and preparation, they are officially opening their online store to the Hong Kong market.About NUNMN & Nulab Technology LTDNUNMN is a leading beauty and wellness company with offices in Canada, the US, and soon in Hong Kong. They are committed to redefining wellness and chronological age in terms of biological age.David Sinclair, Professor of Genetics at Harvard Medical School, discovered that NMN (99.5%) can be widely consumed to improve health and metabolism, and brain function as well as cardiovascular improvement.The nicotinamide mononucleotide (NMN) molecule is converted into the vital and well-known chemical compound nicotinamide adenine dinucleotide (NAD+). The human body uses NAD+ to fuel a plethora of processes, including DNA damage repair, energy production, and boosting immunity. Therefore, it aids in maintaining high metabolism and keeping overall bodily functions healthy.Media Contact:Alan M.Email: hello@nunmn.comWebsite: https://nunmn.com/zh/Phone: 1(888) 666-6851 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Investigation and analysis of the three major challenges and advantages of developing business in the GBA ACN Newswire

Investigation and analysis of the three major challenges and advantages of developing business in the GBA

2022-12-06
HONG KONG, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Export Credit Insurance Corporation (HKECIC) and the Hong Kong Trade Development Council (HKTDC) have, for the first time, jointly released a survey study (Hong Kong - the Business Platform to Capitalise on Greater Bay Area Opportunities in the Post-pandemic Era). Dr Patrick Lau, Deputy Executive Director, HKTDC (L) and Terence Chiu, Commissioner, HKECIC (R)Irina Fan, Director of Research, HKTDCThe report found that Hong Kong companies are facing three major challenges: low-price competition, unfamiliarity with the Mainland legal/regulatory regimes, and financing and customer credit risks. However, opportunities coexist alongside the challenges. The companies surveyed expressed that Hong Kong enterprises have considerable unique advantages in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) market, including Hong Kong's brand reputation and capacity to bring in high-quality foreign products. As such, Hong Kong companies are advised to make good use of their advantages and use the GBA as a springboard to further develop the huge domestic sales market in the Mainland, while diversifying the risks of relying on the international market.Terence Chiu, Commissioner, HKECIC, said: "The HKECIC and the HKTDC have jointly conducted a research study for the first time as many parts of the world, including Hong Kong and the Mainland, see economic and trade activities gradually restarting. Given the uncertainty in overseas markets such as Europe and the United States, the domestic market in the Mainland can provide another option for Hong Kong companies, with the GBA being the ideal springboard. The HKECIC has always attached great importance to the Mainland market and began to underwrite buyers decades ago, and indeed the Mainland is now our biggest insured market after the United States. Riding on the development of the GBA, we will continue to support Hong Kong companies to seize the opportunities offered through the dual circulation strategy that can help them develop their business in the Mainland market."Dr Patrick Lau, Deputy Executive Director, HKTDC, said: "With a GDP of about US$1.96 trillion and GDP per capita of over US$22,500, the Guangdong-Hong Kong-Macao (GBA) is clearly a bright spot for business growth amid challenging market conditions affected by the COVID-19 pandemic, geopolitical issues, interest rate hikes and inflation. The HKTDC has been strongly advocating the GBA, and our GoGBA digital platform has reached a viewership of more than 590,000 since its launch over a year ago, which demonstrates the business community's keen interest in the GBA opportunity. The HKTDC is very pleased to work with the HKECIC to conduct this research to further understand the pain points and needs of Hong Kong companies in developing the GBA market, and to collect opinions from and brainstorm with industry experts so as to make the GBA opportunity accessible by more Hong Kong companies."In the third quarter of 2022, the HKTDC conducted a questionnaire survey on the "Greater Bay Area Domestic Market Development Strategy", surveying 413 Hong Kong companies that have either started developing domestic sales in the GBA or are planning to do so. Over 95% of the surveyed companies said they are facing various challenges, particularly those related to the pandemic such as disruptions in supply chain and production/sourcing activities as well as stringent border control measures. Besides, declining orders from overseas markets and spiralling costs have also dented business development.Almost 70% of the respondents have sold directly to the Mainland buyers. Based on the weighted average amount, sales to the Mainland buyers account for 37.5% of the overall average annual sales of the respondents. Among them, over 90% have sold to Guangdong Province/the nine the Mainland GBA cities.Shenzhen, Guangzhou and Dongguan are top three GBA cities in which Hong Kong companies have most interestThe Mainland GBA cities in which the companies surveyed are most interested in expanding into include Shenzhen (73.8%), Guangzhou (68.8%) and Dongguan (43.6%). Hong Kong companies mainly plan to sell products manufactured or sourced by them in the the Mainland as well as goods purchased from abroad to the GBA. For sales channels, most of them sell to the Mainland importers/wholesalers (48.2%) and other business-to-business (B2B) channels. Almost 40% also sell directly to the Mainland consumers through websites or third-party platforms. Less than 14% of the surveyed enterprises have so far embarked on using e-commerce and internet applications to directly develop the GBA market. However, 65.1% would consider using these e-commerce applications to explore the Mainland market directly in the future.Unfamiliarity with operation of the Mainland domestic market is biggest pain point for Hong Kong companiesMany survey respondents said they encounter various difficulties in expanding sales in the GBA, such as the Mainland market being flooded with cheap products (36.8%) and an unfamiliarity with the Mainland laws and regulations/product standards (35.8%). Some Hong Kong companies also mentioned issues relating to financing and customer credit (25.9%), including the lack of information on the credit background of the Mainland clients, capital shortage (23.5%), and the high risks of sales on credit (22.0%).In addition, most Hong Kong companies would demand the buyer to make an advance payment (57.9%) or they would choose to bear the risks themselves (43.6%) in managing accounts receivable in the Mainland domestic sales. There are also a number of Hong Kong companies which buy credit insurance (14.0%) either directly in Hong Kong or through banks in Hong Kong.To deal with the challenges involved, the companies surveyed said they need various support services, including promotion activities targeting the Mainland markets to identify buyers (33.2%) and marketing strategies for the GBA/Guangdong Province (31.5%). They also need support for a variety of financing and risk management services. Hong Kong enterprises have unique advantagesIn addition to the questionnaire survey, the HKTDC also conducted in-depth interviews with nine selected Hong Kong companies and industry representatives to better understand the views of the trade on how to bolster sales in the GBA.Irina Fan, Director of HKTDC Research, said: "Hong Kong companies should make more use of innovative technologies to map out e-commerce solutions and build integrated online/offline sales channels in regard to domestic sales in the Mainland, enhancing their production and operational efficiency to help them seize GBA opportunities in the post-pandemic era."The companies surveyed believe that Hong Kong possesses various advantages in developing the GBA domestic market, including the good reputation enjoyed by Hong Kong brands or Hong Kong products on the Mainland (48.4%), and Hong Kong being good at bringing in quality and trendy products from overseas (43.3%).The report also showed that products that are "Made in Hong Kong", "Made by Hong Kong" and "Designed by Hong Kong" are all well received in the Mainland market. As such, Hong Kong companies should formulate the right business strategy targeting the domestic market as part of their plan to develop the GBA market.Domestic sales risk management is crucialAccording to the report, enterprises engaging in domestic sales in the Mainland or exports are inevitably exposed to certain market and customer credit risks. As credit transparency in the Mainland is rather low, Hong Kong companies must take risk management seriously and seek professional services that can provide due diligence checks when necessary to find out about the business status and credit background of their clients. Apart from the option of avoiding sales on credit to clients, Hong Kong companies should also consider using such tools as credit insurance to strike a balance between market development and risk control.References- HKTDC Research Portal: http://research.hktdc.com/- Hong Kong - the Business Platform to Capitalise on Greater Bay Area Opportunities in Post-pandemic Era: https://research.hktdc.com/en/article/MTIzNDA4NTczNw- Photo download: https://bit.ly/3h5tFJMAbout HKECICHKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$55 billion for HKECIC's contingent liability.About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in The Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the the Mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesHKECICCorporate Communication DivisionGina SanTel: +852 2732 9998Email: gina.san@hkecic.comHKTDCCorporate Communication & Marketing DepartmentKate ChanTel: +852 2584 4239 Email: kate.hy.chan@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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调查剖析开拓大湾区三大挑战与优势 ACN Newswire

调查剖析开拓大湾区三大挑战与优势

2022-12-06
HONG KONG, Dec 6, 2022 - (亚太商讯 via SEAPRWire.com) - 香港出口信用保险局(香港信保局)与香港贸易发展局(香港贸发局)首度联合发布调查研究( 通过香港商贸平台拓展大湾区疫后商机)，发现港商面对低价竞争、不谙内地法规、融资及客户信贷问题等三大挑战，然而，挑战与机遇并存，受访企业表示港企在大湾区市场亦具相当的独特优势，包括香港品牌声誉及善于引进外国优质产品等。所以，港商宜善用优势，以大湾区作为跳板进一步开拓内地庞大的内销市场，同时分散只从事国际市场所带来的风险。香港贸易发展局副总裁刘会平（左）及香港出口信用保险局总监赵民忠（右）香港贸发局研究总监范婉儿香港出口信用保险局总监赵民忠表示：「今次是信保局和贸发局首次携手合作进行调研，主要由于世界各地，包括香港及内地正走向复常，经贸活动陆续重启；同时面对不明朗的欧美海外市场，相信内销市场可为港商提供出路，而大湾区正是其最佳跳板。信保局一直重视内地市场，早于三十多年前开始承保内地买家，而内地现已紧随美国成为我们第二大承保国家。随着内地大湾区的发展，我们会继续支持港商好好把握双循环机遇，拓展内地市场。」香港贸发局副总裁刘会平表示：「粤港澳大湾区的经济生产总值(GDP) 达 1.96 万亿美元，人均 GDP 超过22,500 美元，在新冠疫情、地缘政治、加息和通胀的挑战下经济环境变得困难，大湾区显然是企业业务增长亮点。 贸发局一直致力协助业界把握大湾区机遇，例如旗下的GoGBA「湾区经贸通」数字平台自推出一年多以来，浏览量已超过59万人次，可见商界对大湾区商机抱有浓厚兴趣。贸发局很高兴与香港信保局合作进行是项研究，以进一步了解港商在发展大湾区市场的痛点和需求。报告也汇聚了业界专家的真知灼见，以协助更多港商捕捉大湾区商机。 」香港贸发局于2022年第三季，向413家已经或有意开展大湾区内销业务的香港贸易商和制造商进行问卷调查，发现超过95%受访企业正面临各种挑战，特别是疫情影响供应链及生产/采购活动，和通关问题影响业务营运等，此外，海外市场订单不足、成本上升等也影响业务发展。接近七成受访企业有销售给内地买家，若以平均销售金额比例计算，直接销售予内地买家约占37.5%。有销售产品予内地买家的受访企业当中，超过九成有销售予广东省/大湾区内地九市的内销市场。三大港商最感兴趣的大湾区城市为深圳、广州、东莞而港商最感兴趣的大湾区城市包括深圳(73.8%)、广州(68.8%)和东莞(43.6%)。他们主要计划在大湾区销售在内地自行生产或采购的产品，及进口从外地采购的产品，以进一步拓展内销市场。至于销售渠道，最多选择销售予内地的进口商/批发商(48.2%)，以及其他b2b渠道；也有接近4成通过网站或第三方平台销售给内地消费者。可是，不到14%受访企业表示目前已开始利用电子商务、网络应用直接拓展大湾区内销市场；尽管如此，另外65.1%表示会考虑在未来开始利用电子商务应用直接拓展内销商机。不熟悉内销市场运作为港企最大痛点不少企业表示内地市场充斥低价产品(36.8%)，并且不熟悉内地的法律法规、产品标准(35.8%)等。此外，也有不少提到缺乏内地客户信贷背景资料(25.9%)、缺乏资金开拓内地市场(23.5%)、放账风险高(22.0%)等融资及客户信贷问题。另外，在管理内销的应收账款方面，与内地放账的商业习惯不同，最多港商会要求买方预付货款(57.9%)，或选择自行承担风险(43.6%)，也有部分港商会购买信用保险(14.0%)。为应对挑战，企业需要寻求与内地市场对接的市场推广活动寻找买家(33.2%)、市场营销策略供开发大湾区/广东省市场(31.5%)等服务，并且需要在融资及风险管理等多种服务支援。港企具独特优势是次的调研除了向港企进行问卷调查外，同时亦专访了9 家相关的香港企业及业界代表，以进一步了解业界对拓展大湾区内销的具体意见。香港贸发局研究总监范婉儿表示：「港商宜更多利用创新技术制订针对内销的电子商务解决方案，结合线上线下平台建设销售渠道，并提升生产和营运效率，以把握大湾区的疫后商机。」受访企业认为香港拥有不同的优势拓展大湾区的内销市场，包括香港品牌或产品在内地拥有良好声誉(48.4%)、香港善于引进外国优质、潮流产品(43.3%)等。报告显示，「无论是「香港制造」(Made in Hong Kong)、「港资厂商制造」(Made by Hong Kong)，或是「香港设计」(Design by Hong Kong)的产品，在内地都拥有良好声誉。港商如能制订精准的业务策略瞄准内销，可有效拓展大湾区的内销市场。宜做好内销风险管理报告指出，无论是从事内销或出口，企业均要面对一定的市场和客户信贷风险。加上内地的信用透明度相对较低，因此港商须做好相应的风险管理，并在有需要时向外寻求专业服务，例如进行尽职审查，以了解客户的业务状况、信用背景等。除选择避免向客户放账的选项外，港商也可考虑利用信用保险等工具，平衡市场拓展与风险控制之间的不同需要。参考资料- 香港贸发局经贸研究： http://research.hktdc.com/tc- 《通过香港商贸平台拓展大湾区疫后商机： https://research.hktdc.com/tc/article/MTIzNDA4NTczNw- 图片下载： https://bit.ly/3h5tFJM香港出口信用保险局香港信保局于 1966 年根据《香港出口信用保险局条例》（香港法例第 1115 章）成立，专责为香港出口商提供出口信用保险服务，保障他们因放帐给海外买家而面对未能收回款项的风险，使他们能安心拓展出口业务。香港信保局获香港特区政府提供高达 550 亿港元的保险业务负责额保证。香港贸易发展局香港贸易发展局(香港贸发局)是于1966年成立的法定机构，负责促进、协助和发展香港贸易。香港贸发局在世界各地设有50个办事处，其中13个设于中国内地，致力推广本港作为双向环球投资及商业枢纽。香港贸发局通过举办国际展览会、会议及商贸考察团，为企业(尤其是中小企)开拓内地和环球市场的机遇。香港贸发局亦通过研究报告和数码资讯平台，提供最新的市场分析和产品资讯。有关香港贸发局的其他资讯，请浏览www.hktdc.com/aboutus/tc。请关注我们的 香港贸发局 @香港贸发局时尚生活 @香港商贸通 香港贸发局 请订阅香港贸发局传媒查询香港出口信用保险局辛惠娇电话： (852) 2732 9998电邮： gina.san@hkecic.com香港贸发局传讯及公共事务部陈可欣电话：(852) 2584 4239电邮：kate.hy.chan@hktdc.org Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
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独特文化基因增持 优质内险股阳光保险即将登陆港股

2022-12-06
HONG KONG, Dec 6, 2022 - (亚太商讯 via SEAPRWire.com) - 近些年，随着我国居民生活水平不断提高，保险意识逐渐增强，保险行业持续高质量发展。党的十八大以来，银保监会亦始终坚持保险保障本源，持续推动保险业走高质量发展道路。伴随市场热度不减，港股IPO市场又即将迎来一支保险业明星股——阳光保险（6963.HK）。11月30日，阳光保险在港正式开启招股，预期将于12月9日于港交所主板买卖。上一次有内地大型保险集团来港上市还是18年前的平安保险。招股书显示，阳光保险是中国一家快速成长的民营保险服务集团。自成立以来，阳光保险始终以价值创造为主线，致力于为客户提供专业的风险保障及综合服务解决方案，成立不到5年便跻身中国500强企业、中国服务业500强企业，成为中国金融业的新锐力量。集团目前拥有财产保险、人寿保险、信用保证保险、资产管理、医疗健康等多家专业子公司。文化引领创新发展 创业型驱动推动高质量发展自成立以来，阳光保险始终以“让人们拥有更多的阳光”为使命，以“做专业领先的家庭保险保障服务提供商与值得信赖的企业风险管理伙伴”为商业追求。公司原始创业期间形成的“敢于挑战、坚韧不拔”的创业精神，发展过程中形成的坚守市场化机制、价值成长原则，奠定与形成了阳光的价值主张与企业家精神，成为日后阳光不断发展壮大的基因力量。值得一提的是，公司表示在开始筹备的第一天，就专门拿出时间研究制定企业文化，这在创业者中较为罕见。董事长张维功明确了“五十字箴言”，并逐渐成为指引和引领公司发展走向的重要的航标。可以说，阳光从开始到现在都始终以文化为指引，都充满着文化的力量，没有阳光文化，就没有阳光的与众不同。“文化治司”是阳光保险的独特之处，其也用十几年的发展实践来验证这句话。按照2022年的原保险保费收入计算，阳光财险在87家保险公司之中，排名第7位；阳光人寿在91家保险公司中，排名第12位，寿险、产险业务均衡发展。上半年总保费收入逾600亿元 清晰战略布局显创业底色在坚守保险主业和聚焦创新发展齐头并进的情况下，阳光保险录得了庞大的客户群体和亮眼业绩表现。数据显示，截至2022年6月30日止六个月，公司拥有约3,150万名个人客户和约80万家团体客户。同期，阳光保险总保费收入及归属于母公司股东的淨利润分别为人民币629.52亿元及人民币17.27亿元。截至2022年6月30日，公司的资产总额为人民币4,736.37亿元。从招股书中不难看出，在既有的独特竞争优势和优异业绩基础上，阳光保险对其未来业务发展具有清晰的规划，涵盖个人用户战略、团体客户战略、渠道战略、数据科技战略、投资资管战略、医养健康战略等各个方面，从客户主体到渠道建设，从加强科技到各版块业务系统运营，再到面对老龄化的社会趋势佈局医养板块，均体现出一家俱有创业底色的公司的战略眼光。长期来看，根据Sigma报告，从保险深度及保险密度看，相较于全球主要发达国家保险市场，作为全球保险市场最重要的增长引擎之一的中国保险业仍处于发展初期，具有巨大的增长潜力。未来，阳光保险将继续提供差异化综合服务，加强渠道专业化建设，全面强化数据科技能力，尽情施展自身特色，打造国内一流保险品牌，助力中国保险业焕发新活力，迈上新高度。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
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阳光保险IPO冲刺：创新文化驱动企业成长 创业基因构筑强劲综合实力

2022-12-06
HONG KONG, Dec 6, 2022 - (亚太商讯 via SEAPRWire.com) - 11月30日至12月05日，阳光保险集团股份有限公司（“阳光保险”或“公司”；股份代号：6963.HK）进行全球发售，招股价介乎5.83港元至6.45港元，拟最多募资74.18亿港元（超额配股权行使前），IPO进程已进入最后冲刺阶段。公司预计于12月9日正式在主板挂牌上市，届时将为港股保险板块增添一支优质标的。创业驱动价值成长 综合实力不断壮大据悉，阳光保险是一家创业驱动型公司，是业内少有的以创业方式寻找股东并获得批筹的金融企业。公司原始创业期间形成的“敢于挑战、坚韧不拔”的创业精神，发展过程中形成的坚守市场化机制、价值成长原则，成为日后阳光不断发展壮大的基因力量。自成立以来阳光一直聚焦主业，产寿险均衡发展，且寿险、产险、资管三家子公司在各自领域均表现优异，成功打造突出的盈利能力，为公司创造价值利润。阳光保险高度关注价值增长，坚持专业、专注与价值发展不动摇。2022年上半年，公司的寿险新业务价值约20亿元，同比增速优于上市险企；2021年较2020年增长4.3%，超过可比上市公司平均增速20个百分点以上。内含价值方面，2021年公司达到937.76亿元，较2020年增长15.5%，超过可比上市公司平均增速约7个百分点。从业务结构和收入来源来看，2021年阳光人寿的保费收入为601亿，产险的保费收入为405亿，形成了一个比较良性且均衡的业务格局。按照2020年的原保险保费收入计算，阳光财险在87家保险公司之中，排名第7位；阳光人寿在91家保险公司中，排名第12位。不难看出，阳光保险良好的增长态势离不开最初创业时期打下的良好基础，纯市场化创业方式、发展历程也为这家企业注入更多活力，赢得未来发展先机。文化引领发展壮大 持续提升股东回报阳光保险还是一家文化引领的公司，公司以“让人们拥有更多的阳光”为使命，以“做专业领先的家庭保险保障服务提供商与值得信赖的企业风险管理伙伴”为商业追求。历经十八载，从创业时的基因文化，到开业时的基础的核心文化和开业后完整的核心文化，直至逐步发展成为覆盖集团各领域的分项文化和岗位文化，阳光保险不断丰富文化内涵与创新的活力，可以说正是阳光文化的进一步滋养，阳光保险才能获得如此巨大的发展。在高速发展的同时，阳光保险始终注重与股东分享公司改革发展成果，坚持稳健的现金分红政策，持续维护股东权益和公司长期投资价值。数据显示，公司的淨资产从2019年的511.43亿元，增长至2021年的592.16亿元，年複合增长率达到了7.6%；平均淨资产收益率连续三年超过10%；过往的三年，逐步提升对股东的分红，集团分派股息的年均複合增长率达到了22.47%。总体而言，阳光保险坚守主业经营，坚持价值发展，重视科技创新，且高度市场化，拥有丰厚的文化底蕴，深刻而纯粹。这一系列的坚守和特色，使公司业绩逐步增长，始终保持在同业公司中发展的前列，具有很明显的独特性和不可替代性，未来具备较大发展空间，前景远阔。而对于即将成功登陆香港资本市场的阳光保险而言，此次港股IPO是一个全新起点，也将为公司注入新动力，推动新发展。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
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卫龙上市在即：品牌影响力强劲业绩增速亮眼 有望乘风而起

2022-12-06
HONG KONG, Dec 6, 2022 - (亚太商讯 via SEAPRWire.com) - 12月5日，中国辣味休闲食品行业的领导者——卫龙美味全球控股有限公司（“卫龙”或“公司”，09985.HK）开启招股，将于12月8日结束招股，预计12月15日在港交所挂牌上市，距离上市咫尺之遥。根据招股书，卫龙是中国领先的辣味休闲食品企业，拥有强劲的增长势头。根据弗若斯特沙利文的资料，按2021年零售额计，公司在中国所有辣味休闲食品企业中排名第一，市场份额达到6.2%，且在调味面制品及辣味休闲蔬菜制品细分品类的市场份额均排名第一。产品组合丰富 品牌影响力强劲卫龙致力于让中国传统美食娱乐化、休闲化、便捷化、亲民化，以及推出更多辣味休闲食品，为消费者创造愉悦的消费体验。多年来，公司不断改进配方，改善生产工艺技术，以保持在调味面制品细分品类中的领先地位。凭借强大品类拓展能力，卫龙已成功拓展到蔬菜制品和豆制品等品类，推出了包括风吃海带、亲嘴烧、麻辣麻辣系列等多种品牌。于2021年，公司有两个品类即调味面制品及蔬菜制品的年零售额超过人民币10亿元，其中四个单品的年零售额均超过人民币5亿元。通过打造中国倍受年轻消费者喜爱的休闲食品品牌，卫龙积累了一批忠实的粉丝。公司的产品紧密契合消费者偏好并通过全渠道覆盖使消费者能够随时随地触达，实现了高频消费，其独立包装的产品在2021年达到约110亿的消费频次。就品牌知名度而言，公司是25岁及以下年轻人心目中休閒食品的第一品牌。全面业务布局 财务数据表现亮眼在营销渠道方面，卫龙根据消费行为的变化，迅速扩张到年轻消费者广泛接触的商超、连锁便利店、电商渠道。同时，加强对各大电商平台的布局，并借助电商和社交媒体渠道，让年轻人自发地成为品牌的传播者，持续拓展经销网络的广度和深度。截至2022年6月30日，卫龙与超过1,830家线下经销商合作且公司经销商的销售网络覆盖了中国约735,000个零售终端。线上线下的全面布局，为公司的业务拓展带来了广阔的成长空间。此外，卫龙一直致力于通过推出新产品、升级现有产品及引入新的产品种类，满足消费者不断变化的需求及提升消费者体验。经过不懈的努力，于2021年，卫龙已成长为中国最大的辣味休闲食品企业，市场份额为6.2%，按零售额计，是第二大企业的3.9倍，产品核心竞争力有效增强。财务方面，于2019年、2020年及2021年，卫龙的总收入分别为人民币33.85亿元、人民币41.20亿元及人民币48.00亿元，年复合增长率达到19.1%，增速远超中国休闲食品行业同期4.2%的年复合增长率。于2019年、2020年及2021年，卫龙的经调整淨利润分别为人民币6.59亿元、人民币8.21亿元、人民币9.08亿元。2022年上半年，公司实现总收入人民币22.61亿元，经调整淨利润为人民币4.25亿元，业绩靓丽。中长期来看，随著居民可支配收入的上升及辣味休閒食品新产品的逐步推出，辣味休闲食品行业的零售额持续增长。根据弗若斯特沙利文报告，预计2021年至2026年中国的辣味休閒食品的零售额将以9.6%的年复合增长率增长，至2026年将达到人民币2,737亿元，未来成长潜力十分巨大。丰富的产品组合、极具影响力的品牌及全渠道业务布局，令卫龙在辣味休闲食品行业的发展如鱼得水。在港上市后，公司竞争优势将进一步扩大，盈利能力和综合实力也将稳步提高，势必乘风而起，加速成长。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
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顺丰同城与抖音生活服务达成合作，打造“即享即得 ”本地生活新体验

2022-12-06
HONG KONG, Dec 6, 2022 - (亚太商讯 via SEAPRWire.com) - 顺丰同城与抖音生活服务已正式达成“团购配送”合作，逐步实现团购套餐“全城平均1小时达”。双方将携手打造多元运力融合、覆盖全城的高效弹性配送网络，共建本地生活服务新生态，在满足商家多样化、全渠道配送需求，助力商家提高履约效率的同时，也为用户带来更高效、顺畅的消费体验。抖音生活服务立足抖音平台，致力于高效链接用户与商家，满足用户线下消费体验、商家线下履约服务的两端需求。同为商户和消费者之间的第三方连接纽带，顺丰同城与抖音生活服务形成了速度与品质的天然结合。此次合作打造同城“即享即得”的团购新体验，完成了从“到店”到“到家”的进阶服务提升，让用户在全时段全品类及多样化内容种草时都能享受快捷的到家服务，也进一步丰富了抖音生活服务体系。目前，顺丰同城为抖音生活服务商家提供的“团购配送”服务已在多个城市试点上线。依托坚实的运力网络、专业的精细化流程、开放的系统生态、高效弹性配送网络等优势，顺丰同城助力用户“一键下单”就能“即时到家”，让看得见的美味，即享即得。在本地消费持续丰富的背景下，即时物流已成为城市运转不可或缺的“毛细血管”、基础设施。作为国内最大的第三方即配平台，顺丰同城“全”面布局，已覆盖全国1900多个市县，在全品类上，持续拓宽覆盖本地餐饮、同城零售、近场电商、近场服务四大核心场景，且针对各个行业都有定制方案；在全时段上，目前已在全国770多个市县实现24小时服务覆盖；在全距离上，凭借差异化的网络能力和产品交付能力，满足长距离、大重量、多点配送等非标配送场景和各类长尾服务需求。未来，随着消费场景及消费模式的不断创新，顺丰同城还将携手更多合作伙伴，为新消费商业的繁荣发展保驾护航。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
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‘Entrepreneur Day’ and ‘Start-up Express’ help innovators adapt to the post-pandemic era ACN Newswire

‘Entrepreneur Day’ and ‘Start-up Express’ help innovators adapt to the post-pandemic era

2022-12-04
HONG KONG, Dec 4, 2022 - (ACN Newswire via SEAPRWire.com) - Seeking a balance between the youthful enthusiasm of start-ups and steady performance of established firms has become a key issue for Hong Kong, as its entrepreneur ecosystem matures. The HKTDC Entrepreneur Day (E-day) and Start-up Express International, organised by The Hong Kong Trade Development Council (HKTDC) and held at the Hong Kong Convention and Exhibition Centre (HKCEC), brought together industry leaders, experts, start-ups and participants to discuss the shift towards sustainable and inclusive growth within the international start-up universe and how start-ups can address the pressing challenges of the post-pandemic era. The three-day E-Day ran from 30 November to today and included the debut of the Start-up Express International entrepreneurship development programme.Under the theme "Balance Beyond the Boom", the E-day attracted over 9,000 attendees and viewers from 44 countries and regions to the hybrid exhibition and seminarsTo celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region, E-day incorporated the 12th World SME Summit, co-organised by the Hong Kong General Chamber of Small and Medium BusinessOverseas start-ups from Mainland China, Germany and Korea discuss health tech trends with three Hong Kong Start-up Express winnersUnder the theme "Balance Beyond the Boom", E-day and Start-up Express International offered physical and online seminars and exhibitions. More than 60 industry experts and renowned speakers analysed venture capital trends, offering insights on emerging industries and strategies for business expansion in a post-pandemic new normal through a series of forums, exhibitions, workshops and networking events. The event attracted over 9,000 attendees and viewers from 44 countries and regions to the hybrid exhibition and seminars.HKTDC Assistant Executive Director Stephen Liang said: "E-day saw entrepreneurs from different sectors exchange their views on the various trends shaping the world of business. In particular, we are delighted that outstanding Hong Kong start-ups shone alongside their global peers at the pioneering Start-up Express International. The contest between local and international start-ups inspires enhanced business models and nurtures start-ups locally and globally. We believe E-day has served as an exceptional occasion to showcase Hong Kong's supportive infrastructure for the incubation of young businesses which will surely attract even more outstanding start-ups looking to expand operations in Hong Kong."Fundraising in a competitive environmentWinning an investor's trust takes more than just a compelling pitch. Gaining trust has become even more challenging during the pandemic, where investors are cautious with fund deployment. On the first day of E-day, Eric Manlunas, Founder & Managing Partner of Wavemaker Partners, shared how venture capital firms had positioned themselves amid heightened volatility in the plenary session T-Chat - Global VC Investment: Rise or Fall. Mr Manlunas offered guidance on how early-stage businesses can convince investors of their potential and thrive, especially when venture capital investors are cautious about expanding portfolios.Innovators transform entrepreneurship and economyAs non-fungible tokens (NFTs) transcend their initial role as assets and have evolved into a marketing tool, more entrepreneurs are considering NFTs as core business functions. The seminar "NFT: Eye Candy or Key to Gold?" debated whether NFTs are pure gimmicks or can expand business in a concrete way. Representatives discussed the tangible impact NFTs had on brand value and how they boosted business opportunities.Meanwhile, to celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region, E-day included the 12th World SME Summit, co-organised by the Hong Kong General Chamber of Small and Medium Business. Under the theme "Achieving re-industrialisation through innovation in the new era", Herbert Chia, JP, Venture Partner of Sequoia Capital China, and Dr Denis Yip, CEO of ASTRI, discussed how small and medium-sized enterprises SMEs in Hong Kong could transform and re-industrialise via digitalisation and application of emerging technologies including 5G, IoT and metaverse.The hot investment trend of sustainability has joined hands with innovation and entrepreneurship to promote a circular economy. The E-day gathered like-minded companies to explain creating sustainable supply chains, contributing to a more sustainable society. Melanie Kwok, Assistant General Manager (Sustainability) of Sino Group, outlined the Group's experience in implementing sustainability strategies and how start-ups had helped the conglomerate achieve sustainability goals and created shared values. Ms Kwok said the Group was delighted to collaborate with two Hong Kong start-ups - archiREEF and Clearbot - to drive conservation and environmental protection in Hong Kong, and looked forward to more projects on sustainability.Fresh start-ups meet regional namesOn the final day, technology start-ups described their successful growth into regionally known brand names. For instance, Jong Yoon Kim, CEO of Yanolja, a leading Korean travel-tech unicorn, explained how it managed to ride out the COVID-19 storm as well as its plans to equip itself for a new wave of growth as international borders re-open. Mr Kim pointed out that big-tech companies such as Amazon, Netflix and Google had come to dominate many global industries but such a player had yet to emerge in the travel sector, presenting an opportunity for Yanolja to potentially fill that void. He also shared the vision and strategy to transform Yanolja into the world's leading global travel platform.Buy Now Pay Later (BNPL) is a short-term payment model that has grown in popularity among merchants and consumers, especially within the retail industry. In the afternoon, Trasy Lou Walsh, Regional Managing Director (SG, MY, HK, PH) of Atome, Asia's leading BNPL brand, described the model's landscape and its increasingly intense competitive environment as more credit card companies and banks joined the field to provide similar payment solutions to businesses.Start-up Express InternationalTo celebrate the fifth anniversary of the Start-up Express entrepreneurship development programme organised by HKTDC, Start-up Express International debuted on the second day of E-day, fostering discussions among innovative minds from all over the world across overseas start-ups and their local counterparts. The programme aims to encourage high-calibre foreign start-ups to set up in Hong Kong, and is supported by global partners from Belgium, Mainland China, Germany, Italy, Japan, Singapore, Korea, Turkey, the United Kingdom and the United States.During Start-up Express International, 10 overseas winners shared the stage with eight Hong Kong Start-up Express laureates to discuss industry insights and their entrepreneurship journeys. The 10 global winners were selected by a panel of professional judges earlier. They are:- inContAlert from Germany- Contents.com from Italy- Closer Inc. from Japan- VegeSense; KnowCarbon; InxMed from Mainland China- OTECH (Otsuka Technology) from Singapore- AON from Korea- MOBIQU from Turkey- rThreat from the United StatesA replay of the event, including highlights of the expo and forum, is available on-demand until 2 January 2023: https://eday.hktdc.com/conference/eday/en/programmeWebsites- HKTDC Entrepreneur Day: https://portal.hktdc.com/eday/en- Start-up Express International: https://portal.hktdc.com/startupexpress/en/s/start-up-express-international- Photo download: https://bit.ly/3FhlKClAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact Hill+Knowlton Strategies:Joyce Kwong, Tel: +852 6842 5929, Email: joyce.kwong@hkstrategies.comNannerl Yau, Tel: +852 6846 7888, Email: nannerl.yau@hkstrategies.comHKTDC's Communications & Public Affairs Department:Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.orgJanet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Business of IP Asia Forum sheds light on Global IP business opportunities ACN Newswire

Business of IP Asia Forum sheds light on Global IP business opportunities

2022-12-02
HONG KONG, Dec 2, 2022 - (ACN Newswire via SEAPRWire.com) - Intellectual property (IP) authorities and business leaders from across the world gathered to discuss trends, paradigm shifts and opportunities in the IP market at the two-day Business of IP Asia (BIP Asia) Forum, which concluded today. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and Hong Kong Design Centre, this leading annual IP event attracted more than 14,000 online and physical participants from over 40 countries and regions to share insights, network and explore business collaboration opportunities.The 12th Business of IP Asia (BIP Asia) Forum came to a successful close todayPolicy Dialogue - Aspiration to Action: Co-creating a Resilient and Sustainable IP EcosystemThe HKTDC and Chinese Manufacturers' Association of Hong Kong signed a Memorandum of Understanding (MoU) to boost mutual cooperation on technology commercialisationThe physical-online hybrid BIP Asia Forum, themed "Creating New Value, Discovering New Frontiers", was held at the Hong Kong Convention and Exhibition Centre (HKCEC) with physical sessions livestreamed. More than 70 seasoned industry leaders and well-established speakers outlined proposals to build a sustainable IP ecosystem and analysed the effective implementation of IP strategies for business expansion, while exploring the business potential of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) through forums, plenary sessions, workshops and product showcases.International IP experts share sustainable IP ecosystem insightsTo cope with ever-changing global IP protection policies and thrive in a dynamic world amid technological breakthroughs, effective bilateral communication with market participants is of the utmost importance in the IP industry to establish its position and remain resilient through economic cycles. At the inaugural Policy Dialogue - Aspiration to Action: Co-creating a Resilient and Sustainable IP Ecosystem, a forum highlight, international IP experts exchanged valuable insights on enhancing the sustainability of the global IP ecosystem. Antony Taubman, Director of Intellectual Property Division at World Trade Organization (WTO) said: "We have witnessed a revolution in the way that intellectual property is traded and used to promote development and economic growth. Knowledge flow is also central to equitable development. The experience with COVID has shown that innovation and access to the fruits of innovation are essential and must be factored into all areas of policy and international trade. The Hong Kong government is right to position the city as a regional IP trading centre, and to provide the strategic, careful, integrated and systemic thinking required to make it work."Summit focuses on re-industrialisationThe BIP Asia Forum's "Global Tech Summit" addressed the "Industrial Metaverse: Propelling Re-industrialisation in Hong Kong" topic. The HKSAR Government has actively promoted re-industrialisation to boost the city's sustainable economic growth. The summit brought together technology leaders and pioneers to analyse the transformation of the global manufacturing landscape and ways in which it could accelerate the revitalisation of Hong Kong's manufacturing sector. Having led artificial intelligence (AI) initiatives in the Asia Pacific, Simon See, Senior Director and Chief Solution Architect; Global Head of NVIDIA AI Technology Center, NVIDIA Corporation, shared his views on metaverse and re-industrialisation.Simon See said: "Many people believe that the metaverse is only for social purposes. However, it is indeed highly relevant to how industries operate. Digital twins, for example, can assist businesses in developing simulations and increasing efficiency. To build the metaverse, many IP and digital assets will need to be created, and no single company can do it all. The private sector, the education sector and communities are all needed to help build various components. That is why we need the ecosystem to grow as quickly as possible for the metaverse to become a reality."Educating IP users and owners on diverse topicsThe sessions on the first day covered a diverse IP-related topics. Inspo Talk: IP issues Revolving KOL/Influencer Marketing was an informative session for IP users who actively deploy personalities on social media for marketing purposes. On the same subject, legal experts shared crucial guidance at the IP Do's and Don'ts on Social Media session. A talk on the Introduction to the Madrid System for the International Registration of Marks provided valuable information to innovators who seek to protect their creations.Many firms are seeking to explore opportunities in the vibrant Association of Southeast Asian Nations (ASEAN), a fast-expanding trade bloc. On the second day of event, the Workshop on ASEAN Roadmap to Successful IP Commercialisation in a Knowledge-based Economy offered thoughts on how innovators could use inventions and expand in ASEAN. Another panel on business expansion brought together representatives from various fields, such as enterprises, research institutions, financial institutions and IP institutions, to exchange views on the latest technological achievements and IP financing within the GBA.Education remains an indispensable part of the BIP Asia Forum. This year, collaborating with the Intellectual Property Department, the event continued to offer a wide range of training sessions for IP owners and users. Topics ranged from deployment of copyright and designs in the digital age to the application of patents and key concepts for IP trading. There were also sessions answering questions pertaining to legal issues arising from disputes over IP appropriation.In the IPHatch Asia - Enabling Deep Tech Startups with IPs and Business Networks session, Jason Loh, Founder and CEO of Piece Future, analysed the role of IP and business networks in deep tech start-up development. Start-ups were invited to discuss the importance of IP in business development, share their entrepreneurial journey and offer advice on how to stand out amid the competition.Co-organised by HKTDC and Hong Kong Productivity Council (HKPC) for the first time this year, the Innovation & IP Market included the Inno Showcase, Open Stage and Tech Consultation Salon. It brought together universities, R&D centres, start-ups, IP users and service providers to network and explore collaboration opportunities. Start-ups and SMEs also gained insights from various industry experts on trademark registration, IP and tech commercialisation, invention protection and capitalising patents.The HKTDC and The Chinese Manufacturers' Association of Hong Kong signed a Memorandum of Understanding (MoU) today to boost mutual cooperation on technology commercialisation to develop and promote Hong Kong as a global innovation and technology (I&T) hub and regional IP trading center.Business of IP Asia Forum website: https://bipasia.hktdc.com/en/Photo download: https://bit.ly/3FlWDOEAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact Hill+Knowlton Strategies:Rachel Zhu, Tel: +852 6816 5846, Email: rachel.zhu@hkstrategies.comJade Sin, Tel: +852 5646 8944, Email: jade.sin@hkstrategies.comHKTDC's Communications & Public Affairs Department:Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.orgJanet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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The 23rd Hong Kong Forum gathered 100 global business leaders from Federation of Hong Kong Business Associations Worldwide to explore the latest opportunities in Hong Kong ACN Newswire

The 23rd Hong Kong Forum gathered 100 global business leaders from Federation of Hong Kong Business Associations Worldwide to explore the latest opportunities in Hong Kong

2022-12-01
HONG KONG, Dec 1, 2022 - (ACN Newswire via SEAPRWire.com) - For the first time since the start of the pandemic, the 23rd Hong Kong Forum once again welcomed in-person participation, while the event was also livestreamed to engage the wider global community. The Forum, organised by the Hong Kong Trade Development Council (HKTDC), serves as the annual flagship event of the Federation of Hong Kong Business Associations Worldwide (FHKBAW).From third left: HKTDC Chairman Dr Peter KN Lam, HKSAR Chief Executive John Lee; FHKBAW Chairman Hans Poulis and HKTDC Executive Director Margaret FongIn her opening remarks, Margaret Fong said businesses the world over will pay close attention to Mainland China, including the GBA, and RCEP markets in the years ahead to reap its benefits. And that is the focus of this year's Hong Kong Forum.In a plenary session chaired by Stacey Chow, Director and Asia-Pacific Regional Lead for Business and Society at the Brunswick Group, business leaders discussed how overseas companies can seize RCEP and GBA opportunities through Hong Kong.The two-day event, which concluded yesterday, welcomed more than 180 participants, including 100 global business leaders, in-person. At the same time, over 700 business representatives from 35 countries and regions, including Canada, Europe, Mainland China, Southeast Asia, the United States and more, participated online.Hong Kong continues to capitalise on its advantages and strengthen its global business connectionsMargaret Fong, Executive Director of the HKTDC, said: "Businesses the world over will pay close attention to the Mainland China, including the GBA, and RCEP markets in the years ahead to reap its benefits. And that is the focus of this year's Hong Kong Forum. With the theme "Gear Up for Worldwide Business Opportunities", the event will delve into the arising opportunities and outlook of the Mainland China, GBA and RCEP markets to equip you with the latest insights and help you make the right business decisions."In his keynote address, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, mentioned that "One country, two systems" ensures the continuation of our compelling advantages, from the rule of law and judicial independence, to the free flow of capital, our free trade and investment regime, simple and low tax system, favourable business environment, sophisticated logistics and communications infrastructure and more. These distinctive strengths have long attracted global business and investment. Together, we have built one of the world's most competitive and open economies.In his opening remarks, Hans Poulis, chairman of the FHKBAW, said: "Hong Kong is an ideal gateway to Mainland China, especially the Greater Bay Area, a strong economic powerhouse with a market of more than 86 million people, which is equivalent to a large global economy, where the population has high spending power. The Hong Kong Forum this year again, has invited renowned industry experts and successful entrepreneurs to share their leadership insights and versatile experience. Besides, we also arranged the local visits and cultural tours that will enable participants to understand the latest development in Hong Kong from cultural, historical and infrastructural perspectives."Business leaders dissect RCEP and GBA opportunitiesAs an international innovation and business hub, Hong Kong serves as an important conduit connecting the GBA and RCEP economies with the rest of the world. Stacey Chow, Director and Asia-Pacific Regional Lead for Business and Society at the Brunswick Group, presided over a plenary session attended by business leaders, including Dee Poon, President, Brands and Distribution, Esquel Group; Bertrand Chen, CEO, Global Shipping Business Network (GSBN); Sonia Cheng, CEO, Rosewood Hotel Group and Vice-chairman, Chow Tai Fook Jewellery Group; and Tracy Wong Harris, Managing Director and Head of Sustainable Finance for Asia at Standard Chartered Bank.These esteemed business leaders discussed post-pandemic business opportunities in Asia driven by the RCEP and GBA, and shed light on how Hong Kong can help overseas companies seize market opportunities in sustainable development.Examining Mainland China's economic outlookThe Forum also focused on the Mainland economic outlook. Chang Ka Mun, Senior Advisor at Fung Business Intelligence, and Managing Director at Li & Fung Development (China) Limited; Adam Kwok, Executive Director of Sun Hung Kai Properties Limited; and Peter Mok, Head of the Greater Bay Area at Hong Kong Science and Technology Parks Corporation (HKSTP), partook in a discussion alongside panel chair Irina Fan, HKTDC's Director of Research, to discuss the broader economic outlook, new growth areas and longer-term challenges facing Mainland China.Keeping abreast of Hong Kong's latest cultural, aviation and I&T developmentsIn addition to the Forum, FHKBAW's overseas member associates visited the West Kowloon Cultural District, the M+ museum, Hong Kong International Airport and HKSTP. The on-site visits enabled them to gain a better understanding of Hong Kong's most recent developments - such as the HKSAR's role as a hub for arts and cultural exchange, international aviation, and innovation and technology.Hong Kong in the eyes of global business leadersDennis Chiu, Chairman of Hong Kong Singapore Business Association said: "I find Hong Kong after COVID-19 has become more resilient, it is very determined to make things work. I have heard a lot of misperceptions about HK and would highly recommend those people to make a trip to HK personally, to see in their own eyes the robust development in the West Kowloon Cultural Districts, The Hong Kong International Airport, The Science & Technology Park, etc., Hong Kong has metamorphosised out from the pandemic impact, and has grown stronger and become more impactful to international business communities."Mark Staublin, President of Hong Kong Business Association of the Midwest mentioned "This is my first visit to Hong Kong after two years. I haven't lost confidence in Hong Kong despite the negative media news I have read. This visit is proven to be worthwhile. Hong Kong has equipped itself to grow stronger and more resilient. This is still the preferred city for businesses, network, entertainment and culture. I will encourage my US teams and friends to book the next flight ticket to Hong Kong soon."Global business association representatives tell a positive Hong Kong storyThe Hong Kong Forum is the annual flagship event of the FHKBAW. The Federation, founded in 2000, comprises a network of 47 business associations with about 11,000 business executives and professionals from 36 countries and regions as its membersForum website: https://hkforum.hktdc.com/conference/hkforum/enPhoto download: https://bit.ly/3OODUP0About FHKBAWThe Federation of Hong Kong Business Associations Worldwide is a unique network of 47 Hong Kong Business Associations in 36 countries and regions with about 11,000 individual associates. These Hong Kong Business Associations were started by overseas traders, buyers and professionals, who have strong business links to Hong Kong in their respective countries, for the purpose of networking and exchanging of business information and ideas. Each of these Associations has their own individual members who are top business people and SMEs in their home country. They are Hong Kong's closest allies and partners in the world market. With the help of the Hong Kong Trade Development Council (HKTDC), these Associations formed the Federation of Hong Kong Business Associations Worldwide in November 2000. The Federation aims to achieve synergy among the global network of Hong Kong Business Associations. It provides an effective base for member associations to network and exchange information, thereby, generating business opportunities. Website: https://www.hkfederation.org.hk/aboutAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Snowy Chan, Tel: +852 2584 4537, Email: snowy.sn.chan@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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12th HKTDC Business of IP Asia Forum opens today ACN Newswire

12th HKTDC Business of IP Asia Forum opens today

2022-12-01
HONG KONG, Dec 1, 2022 - (ACN Newswire via SEAPRWire.com) - Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and Hong Kong Design Centre, the 12th Business of IP Asia Forum kicked off today. The first day took place in person at the Hong Kong Convention and Exhibition Centre (HKCEC) with livestreaming available, while the second day will be entirely virtual. Themed "Creating New Value, Discovering New Frontiers", the two-day forum brings together more than 70 global intellectual property (IP) experts and business leaders to discuss the latest trends and opportunities in the Asian IP market.John Lee, Chief Executive of the HKSAR, delivering opening remarksMargaret Fong, Executive Director of the Hong Kong Trade Development CouncilDaren Tang, Director General of World Intellectual Property Organization (WIPO)(center), shared his insights in the Policy Dialogue "Aspiration to Action: Co-creating a Resilient and Sustainable IP Ecosystem".John Lee, Chief Executive of Hong Kong Special Administrative Region spoke at the forum's opening ceremony this morning, along with Margaret Fong, Executive Director of the HKTDC; Shen Changyu, Commissioner at the China National Intellectual Property Administration; and Daren Tang, Director General of World Intellectual Property Organization (WIPO).In her welcome, HKTDC Executive Director Margaret Fong remarked: "In the past 12 years, our Forum has become a leading platform for IP professionals and business leaders from around the world to exchange insights, make connections and explore opportunities. It also underpins Hong Kong's status as a regional IP trading hub. With its strong IP protection regime, efficient IP commercialisation, deep and liquid capital market and sound judicial system, Hong Kong is uniquely placed to foster a vigorous IP ecosystem in the Greater Bay Area, the rest of Mainland China and Asia at large."Addressing participants at the opening session, John Lee said: "Our country's National 14th Five-year Plan firmly supports Hong Kong's rise as a regional IP trading centre. It's one of the eight important sectors to drive our future development, and to lead the way in - for China and for the Asian region as a whole. To strengthen IP rights' protection, the Hong Kong SAR Government will work to implement the international trade mark registration system. We'll also update our copyright regime to boost digital copyright protection."In his opening address, Shen Changyu, added: "The China National Intellectual Property Administration supports the development of the intellectual property business in Hong Kong and the whole Guangdong-Hong Kong-Macao Greater Bay Area (GBA). We will help Hong Kong develop its patent system, streamlining patent examination, staff training and information-system development. Hong Kong is expected to rapidly develop into a regional intellectual-property trading centre. This will provide an optimised business environment for industry players, actively integrating the city into the nation's development and contributing to a robust IP industry."Discussions on the first day began with the Policy, with welcome remarks delivered by Algernon Yau, JP, HKSAR Secretary of Commerce and Economic Development; IP experts Daren Tang, Director General of WIPO; Anthony Taubman, Director of the Intellectual Property Division at the World Trade Organization (WTO); Rowel S. Barba, Chairman of the Association of Southeast Nations (ASEAN) Working Group on Intellectual Property Cooperation; Kyo-sook Choi, Chair of Intellectual Property Rights Experts Group at Asia-Pacific Economic Cooperation (APEC); and Antonio Campinos, President of the European Patent Office exchanged views on how to coordinate global efforts to build a sustainable IP ecosystem.Daren Tang said: "Intangible assets will play a growing role in the economic growth of Mainland China, Hong Kong and the world. We anticipate that an increasing number of Hong Kong-listed companies will derive the majority of their value from intangible assets. In addition, intangible asset finance is rising on policy agendas as governments and businesses use intellectual property as a financial asset. As growth and trade in intangible assets surge around the world, creating new patterns of commerce and exchange, they will open up a wealth of opportunities for Hong Kong. The city and the Greater Bay Area are well-positioned to be key centres of an increasingly intangible asset-driven global economy."The sessions on the first day covered a myriad of IP-related topics. The plenary session shed light on the effective implementation of IP strategies for business expansion. Another session, the Global Tech Summit, focused on the industrial metaverse with leaders from various industries sharing their insights on the ways in which technology can propel reindustrialisation in Hong Kong. Meanwhile, other trending topics discussed included Patent Application Grant (PAG), dispute resolution mechanisms over domain names, precautions that need to be taken to protect online media IP, regulation frameworks and the metaverse ecosystem, and business collaboration efforts with Key Opinion Leaders (KOLs). Co-organised by the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration), the GBA IP Development and Market Update session introduced new opportunities for technological innovation and IP in order to encourage more overseas enterprises to tap into the China market.IPHatch Asia was hosted by Jason Loh, Founder and CEO of Piece Future. In his opening speech, Jason Loh analysed the role of IP and business networks in helping deep tech startups to jumpstart and scale up. He also shared the strategic reasons for hosting IPHatch Asia edition in Hong Kong, showing great confidence in the vibrant Hong Kong's startup ecosystem. The session invited past winners to discuss the importance of IP in their business development, share their entrepreneurial journey and give tips for staying ahead of the industry competition.HKTDC and The Chinese Manufacturers' Association of Hong Kong signed a Memorandum of Understanding (MoU) at the Forum, pledging deeper cooperation on technology commercialization.Innovation & IP Market: Smart Manufacturing and BuildingFor the first time at the Forum, the HKTDC co-organised the Innovation & IP Market with the Hong Kong Productivity Council (HKPC) to enhance IP commercialisation and facilitate industry exchange. The event brought together universities, R&D centres, start-ups, IP users and service providers to network and explore collaboration opportunities. The Inno Showcase provided a platform for IP owners to display their innovations. At the Open Stage, IP owners promoted their latest innovations and research results, while business advice was offered at the Tech Consultation Salon.Meanwhile, an action-packed agenda on day two will see legal representatives, industry leaders from the cultural and creative industries, and IP experts from Hong Kong and the GBA explore the opportunities in the GBA and the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and share how IP can protect and promote cultural and creative arts development. In addition, participants can take part in a series of IP training courses co-organised by the HKTDC and HKSAR Intellectual Property Department, which will introduce basic concepts of various IP types. These training courses will be a learning opportunity for anyone seeking to understand how they can protect and manage their intellectual property in the digital age.Also on the second day, the HKTDC, ASEAN Secretariat and HKSAR Intellectual Property Department will organise an online workshop on IP commercialisation in ASEAN. The workshop will bring together representatives from legal departments, research & development (R&D) institutions and enterprises from Hong Kong and ASEAN member states to share their collective experience in the financial and legal systems to facilitate IP commercialisation and technology transfer in a knowledge-based economy.Business of IP Asia Forum website: https://bipasia.hktdc.com/en/Photo download: https://bit.ly/3Vo1Z1tAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact Hill+Knowlton Strategies:Rachel Zhu, Tel: +852 6816 5846, Email: rachel.zhu@hkstrategies.comJade Sin, Tel: +852 5646 8944, Email: jade.sin@hkstrategies.comHKTDC's Communications & Public Affairs Department:Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.orgJanet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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