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Indian Ocean
Andaman sea
South China Sea
Bay of BengalArabian sea
INDIA
INDONESIA
BANGLADESH
THAILAND
CHINAIRANIRAQ
TURKEY
OMAN
SRI LANKA Banda Aceh
Belttung
Kollam
Guangzhou
Quanzhou
Xian
Beijing
Urumqi
Khambhat
Basra
Silk Road Economic Belt
21st Century Maritime Road
InvestHK Bimonthly Newsletter May 2015
investhk.gov.hk
thisIssue
2014
SILVER
International Forward Calendar 3
Market Focus: Japan 4
Market Focus: Mexico and Central America 5
Sector Focus: Art 6
Sector Focus: F&B 7
Successfu l Investors 8-15
New Investors 16
The Central Government has tabled two
expansion initiatives, the first the Silk
Road Economic Belt and the second,
the 21st Century Maritime Silk Road, or
One Belt One Road. These economic
cooperation corridors, spannin g multiple
regions across Asia, Europe and Af rica,
are intended to promote co-development
among countries and foster cooperation in
political, economic and social areas.
To highlight the opportunities for
Hong Kong is well positioned to be the super-connector between Mainland Chinaand the rest of the world as the Central Governments latest initiative gains pace
as One Belt, One Roads fundraising hub,
Leung said.
The US$40 billion Silk Road Fund, along
the lines of a long-term private equity
venture, was launched in 2014 and the
Asian Infrastructure Investment Bank is
gathering support. Hong Kongs strengths
in international financing and asset
management can help support not only the
new fund but also the new bank.
multinationals and the role of Hong Kong
in One Belt One Road, Hong Kong SAR
Government Chief Executive C Y Leung
spoke at the Boao Forum in Hainan in
March 2015.
Financial Services
As Chi nas major international financial
centre, and one of the worlds financial
capitals, Hong Kong has t he experience,
the expertise and the connections to serve
One Belt, One Road
http://www.investhk.gov.hk/http://www.investhk.gov.hk/ -
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2
As the worlds offshore renminbi hub, Hong Kong can provideMainland enterprises and international investors with
renminbi services rangin g from cross-border trade settlement
to bond issuance. As trade and other economic activities along
the One Belt, One Road expand, so too will the demand for
settling trade in renminbi, if only to reduce exchange risks.
Hong Kong hosts the worlds largest pool of renminbi liquidity.
As of the end of January 2015, this amounted to more than
RMB1.1 tri llion and the pool is steadily growing. Hong Kong
can help companies raise funds in renminbi to finance the
transportation networks and other infrastructure projects
under the One Belt, One Road initiative.
The latest developments will also encourage more and more
Mainland enterprises to go global a nd Hong Kong can providethese companies with asset and risk management services
demands. The city boasts a wide variety of insurance services
and derivative products and these offer sound reason for
Mainland enterprises to manage their r isks when investing in
large-scale infrastructure projects.
Logistics, Business and Professional Services
While the Mainland is furt her strengthening its economic
and trade ties with countries along the One Belt One Road,
Hong Kong, as an important logistics and maritime centre in
the world, can provide Mainland enterprises that seek to go
global with a wide range of professional services.
Hong Kong is well-situated along the Maritime Silk Road. It isthe worlds fourth busiest container port with average annual
container throughput exceeding 23 million TEUs over the
past decade. Hong Kong Port provides comprehensive liner
shipping services, with about 350 services a week connecting
to more than 500 destinations worldwide.
As the Maritime Silk Road finds its sea legs, it will create fresh
demand for shipping services, as well as quality maritime
services.
As for air cargo, Hong Kong International Airport is t he busiest
air cargo airport in the world. Last year, it handled 4.4 mill ion
tonnes of cargo, running about 1,100 fli ghts a day. The planning
for a third runway is underway. That will increase the airports
handling capacity to some 100 million passengers and ninemillion tonnes of cargo per year by 2030.
Hong Kong is home to about 14,000 logistics companies, most
of them servin g trade between Mainland China a nd the world.
All of them are adept at providing supply chain solutions to fitthe customised needs of global companies.
Hong Kongs free-port policy, efficient customs clearance, rule
of law, strong intellectual property protection and level playing
field provide strong support for global companies setting up in
Hong Kong and Mainland companies going global.
Good Neighbours
Hong Kong is tak ing steps to strengthen trade and economic
relationships with its neighbours in Asia, with an aim to further
consolidate its role as the super-connector to the Mainland. The
city is negotiating a free-trade agreement with the Assoc iation
of Southeast Asian Nations and has concluded Investment
Promotion & Protection Agreements (IPPA) with Bahrain andMyanmar.
Later this year, Hong Kong will begin negotiations on an IPPA
with the United Arab Emirates, while continuing IPPA talks with
Russia. These agreements will fur ther enhance the confidence
of companies looking to invest in Asia and Hong Kong.
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3INTERNATIONAL FORWARD CALENDAR
6-9 May, Hong Kong
HOFEX 2015This event features 35,000 buyers from 85countries with 1,900 exhibiting companies fromthe food and drink, food service equipment and
supplies, and hospitality sectors.Organiser: Hong Kong Exhibition Services Ltd
www.hofex.com
6-9 May, Hong Kong
IPBA ConferenceThis international legal conference will bringtogether IPBA members, corporate lawyers,international business lawyers and colleaguesfrom all over the region.
Location: Ho ng Kong Convention and Exhibitio nCentre
Organiser: IPBA (Inter-Pacific Bar Association)
www.ipba2015hk.org/en/
13 May, Nanjing
InvestHK Seminar and CEO NetworkingLuncheonTargeting Jiangsu enterprises, the investmentpromotion seminar invites guest speakers fromthe financial, business and professional servicessectors to talk about Hong Kongs businessadvantages and share their success stories.
Organiser: InvestHK
14 May, Shanghai
InvestHK Seminar and CEO NetworkingLuncheonTargeting Shanghai enterprises, the investmentpromotion seminar invites guest speakers fromthe financial, business and professional servicessectors to talk about Hong Kongs businessadvantages and successful cases.
Organiser: InvestHK
14 May, Bangkok, Thailand
Seminar on Hong Kong Asias CentralBusiness DistrictThis seminar will highlight the latest businesstrends and developments in Hong Kong, provideinsights on the business opportunities availableand the advantages as a gateway to Mainla ndChina and the region.
Organiser: InvestHK
Partners: Minist ry of Foreign Affairs, Thailand,Board of Trade of Thailand and Federation of ThaiIndustries
www.investhk.gov.hk
21 May, Rotterdam, Netherlands
Tech TourInvestHKs Brussels representative will attend as anexpert panel member.
Organiser: Tech Tour
www.techtour.com
21 May, Hong Kong
American Community ReceptionThis networking reception is organised byInvestHK to thank the companies from theAmerican community for their contribution toHong Kong.
Organiser: InvestHK
21 May, Nanning
Investment Promotion Seminar in
Nanning, GuangxiTo introduce the investment environment andbusiness advantages of Hong Kong and to promotethe services of InvestHK.
Organisers: InvestHK, Hong Kong Economic andTrade Office in Guangdong, and Mainland authoritiesin Guangxi and Nanning City etc
21 May, Berlin, Germany
Asia-Pacific Weeks Berlin 2015 SmartCitiesThe Asia-Pacific Weeks Berlin 2015 will focuson smart cities and in particular on the urbanchallenges facing Berlin and the high growth citiesof Asia.
Organisers: Asia-Pacific Forum Berlin, SenateDepartment for Economics , Technology and
Research, and Berlin Partner for Business andTechnology GmbH
apwberlin.de/en
27-28 May, Hoogeveen andGroningen, Netherlands
Hong Kong SeminarInvestHKs Brussels representative will speak andshare the latest updates on Hong Kongs businessopportunities.
Organiser: Hong Kong Kamer van Koophandel
www.hongkongkvk.nl/nl
28 May, Aachen, G ermany
BWA China Roundtable AachenThe roundtable will strengthen the ties between
Aachen, one of Germanys top-university cities, andMainland China, home to its largest group of foreignstudents, in the areas of business and science.
Organisers: Bundesverband fr Wirtschasfrderungund Auenwirtscha
www.bwa-deutschland.com/de/englisch
29 May, Hong Kong
French Chamber SME Award Ceremonyand DinnerThe event will award the best SMEs in Hong Kongfrom France.
Organiser: French Chamber of Commerce
www.fccihk.com/fccihk/en/events/sme_awards2015.html
29 May, Salvador, Bahia
Joint Seminar with Hong Kong T radeDevelopment Council (HKTDC) inSalvadorThe event is a partnership with B+, a local businessmagazine. Around 70 participants are expected.
Organisers: InvestHK, HKTDC, Industry Federationof Bahia, Commercial Association of Bahia and
Magazine B+
2 Jun, Hong Kong
Fintech Innovation AsiaFinTech Innovation Asia 2015 will identify keyadvances in innovative and disruptive financialtechnologies, exploring the opportunitiesfor banks, non-banks and third-party serviceproviders.
Organiser: KPMG and Inspira
fintechinnovation-asia.com
2-3 Jun, Hong Kong
World Business ForumThis event offers an incredible breadth of content,bringing world-class sp eakers from diverse fieldsto inspire business leaders and to discuss ideasand innovations that are shaping the businesslandscape across Asia.
Organiser: Business Executive Education Ltd
www.wbk.com
9 Jun, Sao Paulo, Brazil
Coffee FairBrazil is one of the largest coffee producers in theworld and InvestHK will pa rticipate in the event
to reach out to companies planning to g row theirbusiness through Hong Kong.
Organiser: Fispal
www.fispalcafe.com.br
Organised by InvestHK Visit www1.investhk.gov.hk/eventsfor details
201510 Jun, Hong Kong
SOPA Awards Dinne rA prestigious annual event of the media industry toaward editorial excellence in the region.
Organiser: SOPA (The Society of Publishers in Asia)
www.sopasia.com
13 Jun, Sao Paulo, Brazil
Bio Brazil FairThe fair presents organic food and susta inablesolutions for the food industry. As Hong Kong peopleare becoming more health conscious, InvestHK willparticipate in the event to reach out to companieswishing to expand their business to Hong Kong.
Organiser: Biofach
www.biobrazilfair.com.br
16 Jun, Barcelona, Spain
This Way Up CEO eventInvestHKs Brussels representative will speak atthis event.
Organiser: CEO Collaborative Forum
thiswayup.eu
16-17 Jun, Hong Kong
Finance Transformation Asia and CFOSummitThis event will give participants in-depthyet diverse takeaways in corporate financeand accounting, financial risk management,compliance, financial planning and analytics, andoutsourcing etc, with an aim to achieve strongerprofitability, scalability and business sustainability.
Organiser: IQPC
bit.ly/1I7ZCUG
1619 Jun, Hong Kong
Asian Attractions Expo & Conference2015Join industry leaders for the premier conferenceand exhibition designed specifically for attractionsprofessionals in Asia a nd explore innovative ideasfrom more than 300 ex hibitors from around theworld. Some 7,000 professionals wi ll attend the event.
Organiser: International Association of AmusementParks and Attractions
www.iaapa.org/expos/asian-attractions-expo/home
23 Jun, Zurich, Switzerland
Asia Business DaysAccess to the most attractive growth markets i nAsia is of increasing importance for Swiss SMEs.The Asia Busines s Days are intended to illustratethe growth potential in Asia using clear andcaptivating real-life examples.
Organiser: Switzerland Global Enterprise
www.s-ge.com/en
24 Jun, Sao Paulo, Brazil
ABF Franchising ExpoInvestHK will exhibit in one of the biggest franchisefairs, which is a meeting point for business people,entrepreneurs and investors, managers of shoppingcentres and industry suppliers in Brazil.
Organiser: Abfexpo
www.abfexpo.com.br
25 Jun, Hong Kong
Reception with the Chief ExecutiveThe Chief Executive hosts this annual reception tothank new investors for their support to Hong Kong.
Organiser: InvestHK
7 Jul, Qinhuangdao
Making the Best Use of the Advantages ofHong Kong to Open up Overseas MarketsSeminar in QinhuangdaoThe seminar is held for enterprises in Qinhuangdaocity to have a better knowledge of the businessadvantages in Hong Kong and InvestHKs ser vicesto help them go global.
Organiser: InvestHK
http://www.hofex.com/http://www.ipba2015hk.org/en/http://www.investhk.gov.hk/http://www.techtour.com/http://apwberlin.de/enhttp://www.hongkongkvk.nl/nlhttp://www.bwa-deutschland.com/de/englischhttp://www.fccihk.com/fccihk/en/events/sme_awards2015.htmlhttp://www.fccihk.com/fccihk/en/events/sme_awards2015.htmlhttp://fintechinnovation-asia.com/http://www.wbfhk.com/http://www.fispalcafe.com.br/http://www1.investhk.gov.hk/events%20for%20detailshttp://www.sopasia.com/http://www.biobrazilfair.com.br/http://thiswayup.eu/http://bit.ly/1I7ZCUGhttp://www.iaapa.org/expos/asian-attractions-expo/homehttp://www.s-ge.com/enhttp://www.abfexpo.com.br/http://www.abfexpo.com.br/http://www.s-ge.com/enhttp://www.iaapa.org/expos/asian-attractions-expo/homehttp://bit.ly/1I7ZCUGhttp://thiswayup.eu/http://www.biobrazilfair.com.br/http://www.sopasia.com/http://www1.investhk.gov.hk/events%20for%20detailshttp://www.fispalcafe.com.br/http://www.wbfhk.com/http://fintechinnovation-asia.com/http://www.fccihk.com/fccihk/en/events/sme_awards2015.htmlhttp://www.fccihk.com/fccihk/en/events/sme_awards2015.htmlhttp://www.bwa-deutschland.com/de/englischhttp://www.hongkongkvk.nl/nlhttp://apwberlin.de/enhttp://www.techtour.com/http://www.investhk.gov.hk/http://www.ipba2015hk.org/en/http://www.hofex.com/ -
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4 MARKET FOCUS
Hong Kong is a highly attractive market for foreign direct
investment. According to the UNCTAD World Investment Report
2014, global FDI flows into Hong Kong amounted to US$77 billion
in 2013, rankin g it fourth aer the US (US$188 billion), Mainland
China (US$124 bil lion) and Russia (US$79 billion). For Japanese
enterprises looking for overseas opportunities, Hong Kong is theideal choice. In 2014, Japan was Hong Kongs third largest trading
partner, with 5.3 percent of the total share of trade. Japan also
has the largest number of companies in Hong Kong, with 1, 388
companies in 2014, taking 18. 3 percent of the total share.
Japan is well known overseas for automobile and electronic
goods but it also excels in other products and services. With
a cautious economic forecast due to a decrease in domestic
demand, Japanese companies have started to actively expand
their businesses abroad to promote their unique advantages,
Yukio Sasaki, Head, Investment Promotion (Tokyo), InvestHK, said.
Cool Japan Initiative
To support Japanese private businesses to go overseas, the
Japanese Government set up the Cool Japan initiative in 2010.
It targets particularly Japanese culture, lifestyle, clothing and
cosmetics, food, housing , and content (anime, drama and music).
Prior to this initiative, some Japanese companies in the food
and beverage (F&B) sector, such as A-1 Bakery, Ajisen Ramen
and Saizeriya, established a strong presence in Hong Kong. By
following in the steps of these successful Japanese F&B outlets
and making use of the momentum of Cool Japan, an increasing
number of ramen shops and food service companies, such as
Ringer Hut, Fukuya Seafood, Ebara Foods, Hanamusubi, Yonekura
Group and TakumiHonpo have also set up in Hong Kong.
Japanese multipliers are also very active in taking advantage of
this Cool Japan initiative to explore the Hong Kong market. On
1 May 2014, the Japan Institute of Design Promotion opened itsfirst store, Good Desi gn Store, at the Police Married Headquarters
From restaurants to beauty and wellness, living andclothing, Japanese culture, products and servicesare penetrating every corner of Hong Kong
or PMQ located in Hong Kongs central business district. I n recent
years, many governors of prefecture governments in Japan have
visited Hong Kong to promote sales of their agricultural products.
Some of them set up a representative office in Hong Kong to boost
their promotional efforts. One example is the Miyazaki Prefectural
Government.
Japanese companies in other sectors, such as Uniqlo and
GlobalWorks (fashion and apparel), ABC Cooking Studio (cooking
school), Ginza Cal la (laser hair removal), Econtext Asia (online
payment and e-commerce), etc, have also expanded their networks
to Hong Kong.
Compared to other consumers around the world, Hong Kong people
have a strong demand for Japanese travel, products and services
due to their preference for Japanese style, quality and business
practices. Coupled with an effective marketing strategy, it is relatively
easy for Japanese companies to export their innovative services
and products to meet local demand and gai n customers hearts.
Hong Kong is also considered an entry point to Main land China.
Kubota Rice Industry (H.K.) Co Ltd operates an online shop in HongKong delivering freshly milled rice to wholesalers and consumers
in Hong Kong. The company plans to expand into the Mainland and
neighbouring countries in Asia with high purchasing power.
Hong Kong has the potential to manage a regional trading
and distribution network. It is a platform for us to increase our
international awareness. If we succeed in Hong Kong, we can
succeed in other places as well, Takushi Suminaka, Di rector and
General Manager, Kubota Rice Industry (H. K.) Co Ltd, said.
Japan
Do you know?
In 2014, Japan was one of Hong Kongs top touristdestinations, with a record high of 925,900 visitors from
Hong Kong to Japan, up 24 .1 percent from the previous
year
The largest overseas market for Japanese agricultural
products is Hong Kong
Contact:
Yukio Sasaki
Head, Investment Promotion (Tokyo)
Tel: (81) 3 3556 8961
Email: [email protected]
Takemasa Nakata
Consultant (Osaka)
Tel: (81) 6 4705 7019
Email: [email protected]
Hong Kong:The Preferred Platform
for Japanese Companies
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5
Hong Kong is an ideal place for Mexican businesses
to become global businesses. The availability and
easier access for Mexican products into Main land
China provides opportunities for closer trading and
economic ties between Hong Kong and Mexico.
Simon Galpin, Director-General of Investment
Promotion, visited Mexico and Central America in
March to provide companies there with updates on
the latest business opportunities in Hong Kong. He
met the Secretariat of In frastructure and Agriculturefor the State of San Luis Potosi, and discussed the
latest Agro Industrial Park project. In particular, he
focused on how the park could be a platform for
Mexican agro industrial companies with export
capabilities to reach new markets in Asia, and how
Hong Kong could play a role as the gateway between
Mexico and Asia.
A discussion was held with Aneberries, the Mexican
National Berry Exporters Asso ciation, which
comprises more than 15 exporting groups and has
a presence in Hong Kong. Affiliated groups with the
association began exporting to Mainland Chi na in February
2015. There seems to be good potential for Mexican agriculture
production companies to supply products and establish
operations in Asia through Hong Kong.
Events were also held to reach out to Mexican companies from
various sectors. There was a business semi nar jointly organised
with COMCE (Mexican Business Council of External Trade,
Investment and Technology), a joint event with ProMexico
Internationalisation Department (ProMexico) which attracted
companies from the creative industries, food and beverage as
well as consumer product sectors. InvestHK and ProMexico
share a natural partnership and complementary objectives in
the region, Miguel Leaman, Head of ProMexico, said.
Galpin also updated members from INADEM (Entrepreneurial
Development Institute) on the working programmes betweenHong Kong and INADEM, which includes the treaty signed
betwe en I NADE M an d Ho ng Ko ng S cien ce a nd Tec hnol ogy
Parks Corporation in 2014. The event attracted INADEM startups,
accelerators and incubators which are looking to expand their
programmes and/or operations to Asia.
Ay, Caramba!
InvestHK now has representation in Mexico to attract and support Mexican andCentral American companies in their expansion to Asia Pacific through Hong Kong
Mexico is Mainland Chinas fourth largest export destination.
At the moment the only direct f light is between Shanghai to
Tijuana; Hong Kong offers cargo flights to Guadalajara city. There
are opportunities for Hong Kong and Mexico to partner up and
provide a gateway into each others local and regional markets.
Hong Kong and Mexico signed a double taxation avoidance
agreement in 2013. The Mexican Chamber of Commerce has a
presence in Hong Kong to promote and encourage investments,
trade and business opportunities between Mexico, Hong Kong
and Mainland China.
Mexico and Central America
Contact:Samuel Lugo
Principal Consultant (Mexico and Central America)
Tel: (52) 664 290 0825
Email: [email protected]
MARKET FOCUS
Simon Galpin , Dire ctor-G eneral of Inve stmen t Pro motion , met O scar Stark ,Vice Minister of Industry, Paraguay at an event jointly organised by InvestHKand REDIEX in Paraguay on 16 March.
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6 SECTOR FOCUS
Art is in the AirWith multiple and exciting developments in the local art scene, Hong Kong is wellpositioned to be the regions most vibrant art hub
Art
March was the month for art lovers in Hong Kong. Art Basel led
the charge with several curated events, exhibitions and festivals.
These included Art Central, Hong Kongs first custom-built art fair
at the new Central Harbourfront with 77 galleries exhibiting work
by more than 40 0 arti sts; t he Asia Contempora ry Art Sh ow, Hong
Kong Arts Festival, and the Art a nd Design Festival in Chai Wan, to
name just a few.
This year Ar t Basel was attended by nearly 60,000 v isitors,
including representatives and arti sts from leading galleries, arts
institutions and private collectors from across the world. The line
up of galleries was the strongest to date for the Hong Kong show,
with 29 galleries exhibiting at Art Basel in Hong Kong for the first
time, including 20 from Europe and the US.
Looking ahead, the Affordable Art Fair from 22-24 May will feature
more than 130 galleries. Original paintings, prints, sc ulpture and
photography ranging from emerging art ists to some of the biggest
household names will come under one roof. Priced at between
HK$1,000-100,000 works will also feature this year in a specialcurated Under $10,000 Wall.
Hong Kong is one of the worlds largest art markets by auction
sales. Sothebys and Chr isties have achieved record-breaking
sales in the city and many international galleries have recently set
up or expanded here, including Gagosian Gallery (US), White Cube
(UK) and Edouard Malingue Gallery ( France).
The city provides access to 4.3 million hi gh net-worth individuals
(HNWIs) i n Asia Pacific. The rapidly growing number of wealthy
Asian and Chi nese collectors has added to the buoyancy of the localart market.
Other key advantages include low and simple tax, no sales tax or
taxes levied on the import and export of art i n Hong Kong, world
class logistics with professional service providers equipped with
extensive knowledge and experience in handli ng artworks.
Hong Kong has a lot of ass ets and potential to be the art hub in the
region. There is a vibrant international community and people enjoy
different lifestyles. People here do not take things for granted and
have a questioning attitude which is the first step to propel changes,
Arthur de Villepin, Chairman, Greater China, Yellow Korner, said.
Contact:
Doris Fong
Head of Creative Industries
Tel: 3107 1011
Email: [email protected]
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7SECTOR FOCUS
Build Your Food Empire from Hong KongFrom street stores to small and big shopping malls, MTR shops and even refurbishedfactory buildings, Hong Kong offers a wide range of options for food and beverage
entrepreneurs to realise their culinary concepts
F&B
Food and beverage (F&B) companies are attracted to Hong Kong
for many reasons, but chief among them a re the ease and speed
of setting up in the city, as well as the low and simple tax system,
reasonable and efficient food control and licensing policies
and regulations, and most importantly, a pool of sophisticated
customers. With over 60 mi llion vis itors every year, and a wealth
of high-income loca l residents in a compact and connected city,
Hong Kong offers unparalleled opportunities for F&B startups,
established companies or franchisees to build their food empire.
In a recent sur vey conducted by The University of Hong KongsPublic Opinion Programme, over 60 percent of local respondents
dine out or buy take-away food four ti mes or more a week.
Taste and price are the most important factors when they
choose a restaurant. Loca l people have an insatiable desire for
international cuisines. For example, in July 2014, F&B startup Big
Cat Group opened Jamie Olivers Italian family-style restaurant
in Hong Kong, and wil l further expand the celebrity chefs F&B
territory to Hong Kong. Eight months af ter the opening of the
first restaurant, Jamie Oliver has already announced a second
restaurant in Tsim Sha Tsui.
With the citys advanced transportation and telecommunications
infrastructure, eating and drinking has never been easier.
Numerous food guides, magaz ines and restaurant review
platforms are rapidly changing the food and d ining lands cape. Tofulfil loca l and international customers tastes, F&B businesses are
encouraged to set up in Hong Kong to showcase their innovative
food concepts and test t he market response before entering larger
markets.
Hong Kong is a very open market and the people have an open
mindset. T hey are willin g to work with you and welcome new
startups, Willia m Lyon, Chief Executive, Jamies Italian (Hon g
Kong and China), said.
A Culinary Melting Pot
As Asias cul inary capital, Hong Kong i s home to more than 10
large-scale consumer and industry F&B events. HOFEX 2015, a
bienn ial regio nal foo d and ho spital ity trade show, was held at
the Hong Kong Convention and Exhibition Centre from 6-9 May
2015. It was the largest show ever in its history with 65,0 00-square
metres of exhibiting space, providing a platform for 2,40 0
international exhibitors to connect with 40,000 regional buyers.
In its 16th edition, HOFEX 2015 especially hi ghlighted meat, coffee,
hospitality technology as well as wi nes and spirits w ith dedicated
pavilions, competitions and insightful seminars. The Hong Kong
Food Expo, Hong Kong Food Festival and Hong Kong Wine and
Dine Festival are also some of t he most exciting and popular food
events with increasing numbers of visitors every year.
Hong Kong is truly a culi nary melting pot waiting for everyone
to explore. InvestHKs Tourism and Hospitality team is ready to
support F&B companies to launch their businesses in the city,
providing them with all the necessary advice and help in every
busi ness s tage, S imon Ga lpin, D irector-G eneral o f Invest ment
Promotion, said.Ya Kun (Singapore), Pret A Manger (UK ), Xiao Nan Guo
Restaurants Holdings Ltd (Mainland Chi na), Kubota Rice Industry
(Japan), Ichiran (Japan), Pierre Herm (France), Sothebys Wine
(US) and Hyakunousha I nternational Ltd (Japan) have fully
leveraged Hong Kongs opportunities and advantages through
InvestHKs assistance to start or expand their culinary business
from Hong Kong.
Do you know?
Hong Kong will soon be the fih most frequently visited
destination in the world with 70 million visitors per
year, as forecast by the World Tourism Organization
Hong Kong has over 24,000 food establishments, and
most of them are within walking distance of your hotel
or residence
Plenty of Michelin-starred restaurants, ranging from
small eateries to fine dining
Hong Kong landlords are continuously seekin g new and
exciting restaurant concepts
Contact:
Sindy Wong
Head of Tourism and Hospitality
Tel: (852) 3107 1067
Email: [email protected]
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8 SUCCESSFUL INVESTOR
purposes, including sending their children to school. On the
bus ines s-to -bu sin ess side , U ber h as a lready laun ched its fir st
Uber-van service in Hong Kong where users can hire vans to
transport goods.
Gellman believes that safety and good service are the keys to
sustainable business growth. The average waiting time for an
Uber taxi in Hong Kong is six minutes and the entire payment
process is cash free. Drivers are motivated to deliver good
service as they are rated by their customers at the end of the
ride.
InvestHK provided Uber with significant support, includinginformation on public transportation and advice on market
entry strategy prior to its launch.
Having lived in Hong Kong for almost a decade, Gellman sees
the city as home. This is one of the greatest cities in the world. It
has a strong entrepreneurial spirit and a vibrant startup scene,
he enthused.
Headquartered in San Francisco, USA, Uber provides a mobile
app that connects riders with drivers. Users can use the same
app in 300 cities around the world where Ubers service is
available.
The company soft launched its trial services in Hong Kong in
June 2014 and started full service operation in July 2014. Hong
Kong is an incredible city, combining global commerce and
local culture, large industry and startup entrepreneurship and
innovation. It makes a fantastic regional headquarters for us
as we expand in the Greater China area, Sam Gellman, who is
leading Ubers Asia expansion, said.Founded in 2009 as a startup, Uber had raised US$49 million
in venture funds by 2011. The company started to expand
internationally from 2012 and has continued to raise additional
funding, reaching US$2. 8 billion in January 2015.
The number of staff based in Hong Kong has grown from five a
year ago to 25. The majority of the local employees were born
and raised in Hong Kong, and oversee operations, marketing,
legal, and human resources. The best way to build a business is
to find the top local talent, Gellman said.
Ubers goal is to make cities safer, to enhance urban
transportation and logistics, to take vehicles off the road via
Smart City initiatives, and to enable drivers - men and women - to
earn more. Our vision is a world with almost no private vehicles.
This will eventually improve air quality, save parking spaces
and make cities more liveable, he added.
On the business-to-consumer side, Gellman is seeing an
increasing number of families us ing Ubers serv ice for multiple
Uber
Ubers service is available in 53 countries and 300 cities
worldwide (as of December 2014)
www.uber.com
Hong Kong is an incredible city,combining global commerceand local culture, large industryand startup entrepreneurshipand innovation. It makes afantastic regional headquartersfor us as we expand in theGreater China area.
Sam Gellman, Asia expansion leadUber
One App One WorldBy connecting riders to drivers through a mobile app, Uber aims to makecities more accessible and safer and open up more possibilities for riders andmore business for drivers
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Leading theArchitecturalJourney
Leads immediate expansion is focused on southeast Asia,
and it has set up a presence in both Singapore and Malaysia
to cover these key markets. In time Lead is planning to set up a
representative office in Mainland China, and further af ield,
will be establishing in Europe, probably the UK, towards the
end of 2015 or early 2016 as the market strengthens there. In t his
regard, Blore sees the strong connections between Hong Kong
and the UK as very helpful in assisting Lead in establishin g a
UK design studio.
Blore and Leads other seven founders have lived in Hong Kong
for a long time. The phrase open for business is often used,
but it fits very we ll wh at Hon g Kon g ha s to o ffer. I t is a live able
city and very accommodating to both new and established
bus ines ses . Set tin g up L ead i n Ma rch 2 014 too k us only two
weeks, and then we were off and runn ing. The reporting and
tax rules are uncomplicated and undemanding, so for business
newbies like us we can maximi se our time g rowing our
company rather than being tied up in bureaucracy and filin g
procedures, Blore concluded.
Hong Kong was a natural choice for Lead Architecture (Lead),
according to its director Simon Blore. There is a deep
employment pool here for the type of design work that we
undertake, and combined with the very supportive business
environment, low and simple tax regime, a ir connections
around the region and proximity to our key market Mainland
China, these are all compelling reasons for us to be here, he said.
With the Guangzhou-Shenzhen-Hong Kong Express Rail Link
and Hong Kong-Zhuhai-Macau bridge being completed in
the near term, we see the strategic importance of Hong Kong
continuing to grow, Blore added.
Coming from a diverse range of cultures and nationalities,
Leads team in Hong Kong offers full services, which includemasterplanning, architecture, i nteriors, graphics, product
design, signage and branding . The team has grown from three to
60 in less than a year, and has a further 10 to 15 employees in the
pipeline to help cover a series of recent major project wins.
In the early months, our staff compliment was primarily
focused on the early stages of design, but we already have
projects in technical/working drawings s tage as t hey move
towards construction onsite. So we need to continue to expand
and recruit architects and designers with technical experti se,
Blore explained.
Organic Growth
Leads key projects include designing the retail zones of atransport hub in north Malaysia, a major new retail destination
in Shanghai, a huge department store in Taipei and another
in Harbin, and two 200-metre towers allied to two retail
destinations in Mainland China.
Lead Architecture
Established in March 2014
Studios in Hong Kong, Singapore and Malaysia
www.leadarchitecture.com
Nine months on from its establishment, Lead Architecture has expandedfrom a temporary office to a new studio in Quarry Bay
Hong Kong is a liveable cityand very accommodatingto both new and establishedbusinesses.
Simon Blore, DirectorLead Architecture
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Leveraging Hong Kongs International Practices
As a FinTech solution provider, we have to respond to ourcustomers needs swiftly. Hong Kong i s an excellent testing fieldfor our financial technologies and platforms before we expandoverseas. The city is an international financial centre withextensive global coverage and business diversity. A presence in
Hong Kong allows us to understand clients needs and connect tointernational best practices and regulations, Guan added.
Over the past 20 years, Hundsun has successfully grown fromeight engineers to over 5,000, with 80 percent involved insoftware development and service support, to tailormake one-stop solutions and services for financial organisations includingsecurities, banks, funds, futures, trusts, insurance and privateequity and wealth management tools for individual investors.Guan attributed the success to the companys dedication to R&D.We have not changed our FinTech focus since our establishmentin 1995. Two decades of experience and expertise are reflectedin Hundsuns growth history and customer satisfaction, Guansaid. Hundsuns transaction system now handles nearly half ofthe trading of the Shangha i and Shenzhen Stock Exchanges in the
Mainland.To cope with its business needs, Hundsun is actively seeking highcalibre candidates in the dual disciplines of software engineeringand finance. InvestHK approached Hundsun proactively to offervisa application assistance, talent information and publicitysupport to help the company raise its profile in Hong Kong as it hasexpanded. We are grateful for InvestHKs ongoing support, andwill continue to focus on u nderstanding clients requirements inHong Kong and overseas, Guan concluded.
The increasing popularity of the internet and smartphones has
seen the fina ncial industry put more emphasis on technology
applications and financial innovation. Hundsun Technologies
Inc, the only Main land Chinese financial software enterprise
to join the top 100 global financial technology (FinTech)
companies for consecutive years, is ridin g on th is trend,
helping financial organisations upgrade and move their
systems onto the cloud as part of their development plan in
Hong Kong.
Financial markets are rapidly changing, flooded with tonnes
of information. But the secret weapons are big data, cloud
computing and mobility. Together these technologies can
allow effective grasp of information, lower clients trading
risk, reduce operating costs, enhance customer interaction
and experience, increase information sharing and matching
opportunities, and facilitate the setting up of new business
quicker, Guan Xiaolan, Vice President, Hundsun Technologies
Inc, said.
The story of Hundsun setting foot in Hong Kong al l began morethan a decade ago when the Hong Kong Exchanges and Clearing
Ltd (HKEx) invited Hundsun via Bank of China International
to provide a core trading system to link up the stock markets
of Hong Kong and Mainland Chi na. Hundsun Hong Kong was
established in 2003 and set about studying and designing the
core trading system for the Hong Kong market. The officia l
implementation of the Shanghai-Hong Kong Stock Connect in
November 2014 provided Hong Kong and Mainland investors
with mutual stock market access with Mainland investors
able to trade eligible Hong Kong-listed stocks directly, and
vice versa. This is bringi ng new opportunities for Hundsun in
Hong Kong as well as for the industry. The transaction system
enabling Shanghai-Hong Kong Stock Connect is the result of ourlong-term technological research but it is only the beginning.
For our next step, we wish to connect Mainland investors with
the stock exchanges in the US direct and to further perfect the
platform, Guan said.
Hundsun Technologies
Established in Hangzhou in 1995
Listed on the main board of Shanghai Stock Exchange
Annual sales turnover of RMB2 billion
www.hundsun.com
Hong Kong is an excellenttesting field for our financialtechnologies and platformsbefore we expand overseas.
Guan Xiaolan, Vice PresidentHundsun Technologies Inc
Capital MarketsTake to the CloudIncreasing demand for cloud
computing services from financialfirms underpin the recent success ofHundsun Technologies
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helping prospective readers understand that Barrons hasexpanded into the region.
Sea of OpportunitiesThere is a sea of opportunities for the dig ital publishing market.Our business is going to evolve around technology, viewability,programmatic and native advertising. We have highly viewableadvertisements and native advertising opportunities for brandsto distribute their thought leadership, Young explained.
Both she and Tan moved from New York to Hong Kong sixmonths ago and have adapted to the citys lifestyle in no time.There is incredible access in Hong Kong. Senior businessleaders make ample time to meet; beautiful trails and beachesare just on the other side of the island, Young said.
InvestHK offered Barrons New York team assistance shortlyafter the plan to launch in Hong Kong was finalised. BothInvestHKs New York team and the Creative Industries teamin Hong Kong have provided seamless support to facilitate asmooth setting up in the city, Young concluded.
Published by Dow Jones & Company since 1921, Barrons reachesan i nfluential audience comprising individual investors andprofessionals. Barrons provides readers with a recap of recentfinancial market action coupled with insights on whats likely tohappen next.
Barrons Asia, a new dig ital edition focused on the region andserving its investors, was launched in Hong Kong in October2014. This marks Barrons first overseas expansion since itsestablishment more than 90 years ago.
Barrons Asia publishes a mix of Asia-focused content producedby its new Ho ng Ko ng- bas ed ed itori al te am, alon g wit h fu llcontent from the US edition. Regular Asia coverage includes a
daily Asian investing column, an A sia stocks blog, interviewswith fund managers for their investing ideas and stock picks,and analysis of stocks, wealth management stories, andcontributions f rom financial professionals.
Kopin Tan and Tracy Young are the editor and publisherrespectively, both of whom are based in Hong Kong. The localteam comprises eight in editorial and two on the business side.They share resources and human capital within Dow Jonesincluding human resources, finance, technology and customerservice, among others.
Hong Kong is the right place as it is an international finance hub,and is pro-business and supportive towards new enterprises,Tracy Young, Publisher, Barrons Asia, said. The growing numberof high net-worth individuals in Asia is another key reason forBarrons expansion in the region.
Barrons Asia traffic is about 10 percent of the US-based edition.Well aware that Barrons is a more well-known brand in the USthan in Asia, Young has a robust but targeted digital campaign
Barrons Asia
Published by Dow Jones, Barrons is an American weekly
newspaper founded in 1921
New Asian digital edition launched in October 2014
www.barrons.com
Hong Kong is the right placeas it is an internationalfinance hub, pro-businessand supportive towards newenterprises.
Tracy Young, PublisherBarrons Asia
Barrons Opens First Regional Headquartersin Hong KongThe Asian digital edition delivers Barrons advice about the US, Asia and
international investments to high net-worth readers in Asia
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12 SUCCESSFUL INVESTOR
fulfilled, especially in the event of a typhoon or other seasonal
weather conditions unique to Hong Kong. If you can set up
an observation wheel in Hong Kong, you can set up a wheel
anywhere, he said.
Snep is impressed with the labour force in Hong Kong. People
here take their work very seriously, no matter how small the
task, and this applies not only to my staff, but to the consultants
and external parties that we have closely worked with, he said.
Swiss AEX is working on phase two of the Hong Kong
Observation Wheel project that will bring i n more food and
bevera ge opp ort un ities , res taura nts , fac ili ties and oth er po ssi ble
attractions.During the whole project, from submitting the tender to
opening the Wheel to the public, InvestHK has been t he most
helpful partner in providing advice and assistance whenever
needed. We look forward to continuing this great relationship
during the further development of this exciting project, Snep
concluded.
Based in Switzerland, Swiss AEX Group specialises in managing,
developing and providing turnkey solutions for exceptional
assets such as observation wheels, roller coasters, equipment
and hardware. It has its global operational office in Hong Kong.
The company was awarded the contract from the Hong Kong
SAR Government through a competitive tender to install and
operate an observation wheel. The selection criteria included a
minimum of 10 years experience, a minimum construction time
of 12 months, promotion strategy, pricing, the ability to enhance
the waterfront, safety and security measures, etc.
The Hong Kong Observation Wheel opened on 5 December 2014
and business has been growing. My focus is now on Asia, and Iam using Hong Kong to manage other operations in the region.
There is an increasing number of visitors to the city and we
can leverage on international and local events to bring in more
customers, Leon Snep, CEO, Swiss AEX Group, said.
The company has about 100 staff, including 50 part-time staff
and another 30 on night shi ft for maintenance and cleaning.
Snep expects to recruit an additional 100 people by year-end
2015.
The 60-metre wheel was specifically designed and built to a
standard and quality with approval from the Hong Kong SAR
Governments Electrical and Mechanical Services Department
and international certification bodies.
Snep appreciates the government support for this project,
especially in granting a prime location along the Central
waterfront, testifying to its commitment to enhance this
area. He spent more than seven years in preparation for
the project, ensuring t hat all safety requirements could be
Hong Kong Observation Wheel
Open daily from 10:00 23:00
Individual tickets, tickets for private cabin and VIP cabinavailable
www.hkow.hk
My focus is now on Asia, andI am using Hong Kong to manageother operations in the region.
Leon Snep, CEOSwiss AEX Group
Wheel of FortuneSwiss AEX Group opened Hong Kongsfirst Observation Wheel on the Centralharbourfront in December 2014, justin time for the holiday season
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Asias Sales and Cu stomer Service Platform
With more than 240 years of experience in the fine art ofshoemaking, BIR KENSTOCK s knowledge has been maintainedfrom one generation to the next to guarantee high quality.The brand has al so established an i mage that represents closeattention to detail and eco-friendly production with the use oflong-lasting and sustai nable materials, all helping to protect theenvironment.
The company has a long and rich h istory and has evolvedfrom a manufacturer to one of the worlds top shoe brands.Hong Kong remains one of the key fashion scenes in As iaand a strategic platform to launch new collections towardsemerging sophisticated consumers, Markus Bensberg, CEO ofBIRKENSTOCK Group, said.
The role of the regional sales office is to provide guidance todistributors and drive omni-channel strategy with a focus onGreater China, Japan and southeast Asian markets. InvestHKprovided the company with information on the operationalenvironment, government schemes to support retailers, andconnections with tertiary institutions.
The Hong Kong office is headed by David Gravet, ManagingDirector Asia Pacific. Gravet has lived in Asia for the last 20years and worked in Hong Kong for more than 10 years for majorsporting goods and fashion brands. He enjoys the work-life
bal ance very much. Ho ng Ko ng i s a c onven ient a nd co mpactcity and is very flexible to travel around. The inf rastructure isstrong and traffic is good. The diversity of lifestyles offers peopleplenty of choices. It is certainly a platform in Asia for brands toflourish, Gravet enthused.
Over the past 25 years, the Asian-Pacific region offered a fertileground for growth of the BIRKENSTOCK brand especially i nJapan, Korea, Hong Kong, Taiwan and Australia. In 2014, theGerman classic shoe brand decided to step up by establishinga sales office and distribution centre in Hong Kong to meet itsambitious goal to develop its own retail networks and wholesale
channels via leading shoe distributors.As of 2014, BIRK ENSTOCK was distributed to over 200 mono-
bran d fr anc his e sto res a nd le adi ng s hoe c hai n sto res ac rossAsia. Its distributor operates one of its concept stores in TsimSha Tsui. Apart from the classic footbed sandals, the shopalso offers a diversity of shoe collections and its childrensproducts are gaining popularity. Unique to the brand are in-shoprepair services and showcases of the evolution of its originalcollections, which are named after major cities.
Hong Kong is close to our markets, which allows us to work withour distributors and strategic retail partners more effectively.The city also gives us access to a highly productive and efficientworkforce, Oliver Reichert, CEO of BIRKENSTOCK Group, said.The ease of doing business and quality of the manpower also
adds to its appeal. The employees here have the right skillsand regional experience we need to grow and transform our
busi nes s.
BIRKENSTOCK
A family-owned footwear brand since 1774 All footwear is designed in Germany with the majority of
them still made in Germany
www.birkenstock.com
The Definitive
Footbed Findsits HomeGermanys classic shoe brandBIRKENSTOCK has set up a regionalhead office in Hong Kong to drive itsomni-channel strategy and support itsregional distributors
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14 SUCCESSFUL INVESTOR
for our first step to expand globally, Tin Mok, CEO, InternationalBusiness, L e Shi Internet Information & Technology (HK) Ltd, said .
Letv also teamed up with 3Home Broadband to provide highquality home entertainment with hig h speed broadbandconnectivity to the local market. Looking ahead, Letv plans toinvest HK$ 500-600 million in Hong Kong each year, includingproduction of TV content locally. To support the fast growing
busi ness i n Hong Kon g and to acc elerate Letv s expa nsion toother Asian markets, the Hong Kong office will build a 150 -strongteam by end 2015.
Setting up in Hong Kong is an i mportant milestone for Letv todevelop our international business . With a unique east-meets-west culture and a tech-savvy customer base, Hon g Kong is theideal testing ground for Letvs ecosystem and busines s model,
Mok said.Following the success of smart TVs, the company launched itsown super phones in April in Beijing. It has a lso teamed up withChinese automaker BAIC Motor Corporation to build the first
internet-linked smart electric vehicle.
Founded in 2004 by Jia Yueting, Letv i s one of Chinas fastestgrowing technology companies. Letv Group is committed to
creating the Letv E cosystem, a next-generation internet engine
that is vertical ly integrated to offer an online platform complete
with content, terminals and applications. The group is engaged in
a rich array of business es, spann ing internet TV, video production
and distr ibution, smart gadgets and large-sc reen applications to
e-commerce and internet-linked super-electric cars.
In July 2013, Letv was the first I nternet company ever to launch its
self-developed and self-branded 4K smart TV delivering a
four-times higher resolution than its Full H D counterparts. Letv
sold 1.5 million smart TVs in Mainland China in 2014, making it
the market leader in smart TV sales there. As a pioneer in Main land
Chinas internet landscape, Letv.com currently offers more than100,000 episodes of TV drama and over 5,000 movie titles. Its
online platform draws an esti mated 250 mill ion page views per day.
Leveraging Hong Kong to Go Global
In August 2014, Letv decided to set up its Asia-Pacific regional
headquarters in Hong Kong, bringin g its established vertically
integrated ecosystem of Platform + Content + Terminal +
Application to the city. Letv smashed the Hon g Kong smart TV
market when it sold 100 smart TVs in just two seconds through
online flash sales when it first arrived in Hong Kong. As of March
2015, Letv has held 10 online flash sales in Hong Kong, with 1,000
smart TVs sold in less t han 10 minutes on every occasion.
We were very excited with Hong Kong customers response. I njust a few mo nths time, our 4 K TV ha s becom e Hong Kon gs top
TV brand in terms of online sales volume. It is a very good sign
Letv
Established in Mainland China in 2004
Listed on the Shenzhen Stock Exchange since August 2010
Aggregate sales of Letv Group amounted to RMB 10 billion
in 2014
www.letv.com
With a unique east-meets-westculture and a tech-savvy customerbase, Hong Kong is the ideal testingground for Letvs ecosystem andbusiness model.
Tin Mok, CEO, International BusinessLe Shi Internet I nformation & Technology (HK) Ltd
Lets Watch TV DifferentlyMainland Chinas Letv has set up an Asia-Pacific regional headquartersin Hong Kong to build its connected ecosystem internationally
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To celebrate 50 years of operation in Hong Kong, Yokomizo said
the company will be renovating the factory in Hunghom to createan optimised working environment for higher productivity. A
computerised point-of-sale system will be installed at its shops to
replace manual work and simplify the sales process. The Grand
Fabric Care service with value-added clothing repairs a nd fixes
will also be introduced. In our daily operations, we always stick
to our Japanese service standards. From time-to-time, Japan
headquarters will send quality controllers to Hong Kong to
conduct examinations, Yokomizo said.
As Hong Kong peoples passion for such winter sports as skiing
and snowboarding grows, Yokomizo said the company is offering
cleaning and storage services for winter sports clothing. We
have started to work with travel agents and airlines to target this
niche market, he said.
Our long term goal is to become Hong Kongs number one dry
cleaning brand. We aim to increase laundry volume and our
competitiveness by focusing on delivery services. Well expand
our fleet size and continue to improve customer and employee
satisfaction, he enthused.
Hang Lung-Hakuyosha (HK) Ltd
Established in Hong Kong in June 1965
A 50/50 dry cleaning joint venture between Japan and
Hong Kong shareholders
Employs 170 staff
www.cleanliving.com.hk
We enjoy the ease of doingbusiness and high level ofeconomic freedom inHong Kong.
Kenji Yokomizo, Director & General ManagerHang Lung-Hakuyosha (HK) Ltd
50 Years of Clean LivingNothing is impossible and opportunity always abounds in Hong Kong,as Hang Lung-Hakuyoshas growth story tells us
Hang Lung-Hakuyoshas 50 years of business in Hong Kong is
a culmination of perseverance, reputation and faith. The HongKong-Japanese 50/50 joint venture was set up by the second
generation of Igarashi Takeo, Japans Hakuyosha Group, and
Chan Tseng-Hsi, founder of Hong Kongs Hang Lung Group.
When the founders first met during a religious occasion 50 years
ago, they had never thought of developing as one of Hong Kongs
largest dry cleanin g service providers.
When we first started our business, we encountered many
difficulties. Dry cleaning services were not popular and were
considered unaffordable by many, Kenji Yokomizo, Director &
General Manager, Hang Lung-Hakuyosha (HK) Ltd, said. During
the companys early stage, it was Hang Lungs in itial support that
enabled the Hang Lung Hakuyosha shops to be opened in its
properties. The strategy to open shops in MTR stations also had
a great impact on brand-building and the number of shops hasgrown to 32 at present.
Positive Changes
Hang Lung Hakuyosha saw a wave of migration of Hong Kong
residents overseas due to the 1997 issue, which deterred Hang
Lung-Hakuyosha from carrying on. It started to enlarge pick-up
and delivery services that no other operators had previously
offered, and also storage services for winter clothing to blankets
and quilts. Hang Lung Hakuyosha is now a leading dry cleaner in
Hong Kong, with 80 percent of revenue coming from consumers
and 20 percent from corporate clients. Many large corporations
in Hong Kong, especially airlines a nd banks, are using its service
for cleaning staff uniforms.
We enjoy the ease of doing business and high level of economic
freedom in Hong Kong. It is a place with ample business
opportunities, Yokomizo said. As dry cleaning is still not
very mature in the Hong Kong market, we see room for further
development especially in regulatory measures.
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16 NEW INVESTORS
The information and material contained in this publication is for general reference only.While every effort has been made to keep information current and accurate, readers are advisedto exercise caution and check that the information is still current before acting upon it. InvestHKproduces the newsletter to help readers better understand Hong Kong. It does not imply anyendorsement of any material or recommendation of a company or service provider over another.
InvestHK recently facilitated the following companies to establish or expand theirbusiness presence in Hong Kong. We welcome them to our city and wish them aprosperous future.
Company name SectorAustralia
Chartered Accountants Australiaand New Zealand
Business and Finance
HBO+EMTB Urban and Landscape Design
Belgium
Pharma Technology Asia-PacificLtd
Manufacturing of Tablet andCapsule De-dusters
Canada
B+H Architects Architecture Design
Galerie Koo Art Gallery and Art-relatedServices
FranceNautic Asia Ltd Marine Equipment
Manufacturing
Paris Art Ltd Art Consultancy and EventsServices
Popmap eCommerce Marketplace
Vinovi Wine Trading
Germany
BIRKENSTOCK Footwear Brand
Cisema Certification and QualityControl
Lightbulb Capital (Hong Kong) Ltd Innovation Research andAdvisory in Financial Service
Ecosystem
Italy
Bormioli Rocco Asia Pacific Ltd Glassware Products
Japan
Daikyo HongKong Ltd Real Estate
Emile (HK) Co Ltd Restaurant
H an g Lu ng -H ak uyo sh a ( HK ) Lt d D ry C le an in g
Tokyu Livable Japanese Real Estate
Whitestone Gallery Art Gallery
Korea
Incheon Port Authority Hong
Kong
Port and Logistics
Mainland China
Ark Relocation Relocation Consultancy
Financial Fook International(Hong Kong) Co Ltd
Investment
Guangdong Economic andTrade Representative Office inHong Kong
Trade and InvestmentPromotion
Hundsun Technologies Financial Technology
Letv Group Internet and Smart Ecosystem
SenseTime Group Ltd Research and Development ofComputer Vision Products
Company name SectorTusparkHK Innovation Space
Wanfang Data Corp oration(International) Ltd
ICT Services
Wang Jing & Co Law Office
Yangtze Optical Fibre and C ableLtd (Hong Kong)
Research and D evelopment ofCommunications Products
Mexico
Moonzen Brewery Microbrewer y
Singapore
eG Innovations HK Ltd Performance MonitoringSoftware
SP Sysnet (HK) Ltd ICT Services
Sweden
Safegate Hong Kong Ltd Integrated Solutions for AirportOperations Enhancement
Switzerland
Swiss AEX Group Tourism and Hospitality
Taiwan
Vpon Ltd Big Data Advertising
United Arab Emirates
Esol Education Education Management
UK
Lead Architecture Architecture DesignLMAX Hong Kong Financial Services/Electronic
Trading
Mohawk Creative Advertising andCommunications Services
Perseus Financial Technology
US
Asia Strategic Growth EnterprisesLtd
Management Consulting
Barrons Asia Publishing
Current Asia Marketing TechnologyBusiness Solutions
EGI Technologies Software and Communications
TechnologiesHearsay Social Financial Services Software
Klook Travel Travel Services
MakerBay Makerspace
Radius Hong Kong Ltd Product Design andDevelopment
Scoutbots Ocean Robotics
Uber Mobile App Developer
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