Visit of Argentine MBA students to Invest Hong Kong office
On 17 October 2019, our colleague, Gabriela Lenis, accompanied a delegation of Argentine businessmen from the National University of Rosario to visit the office of Invest Hong Kong, where Mr. Dixon Wong, Head of Financial Services of Invest Hong Kong, and Mr. Gustavo Fazzari, Consul General of the Argentine Republic in Hong Kong, gave a presentation on Hong Kong’s competitive advantages as a market and financial center. CW was grateful for the opportunity given by the Consulate General of the Argentine Republic in Hong Kong and Invest Hong Kong.
Special thanks to Mr. Jimmy Chiang, the Associate Director-General of Invest Hong Kong, who kindly shared a pleasant moment with the delegates. On this occasion, our colleague Gabriela Lenis was pleased to speak about the process of business set-up in Hong Kong. As a keynote speaker, Mr. Dixon Wong introduced the latest development of the banking and financial industry in Hong Kong, answering questions and concerns raised by the delegates.
Written by Gabriela A. Lenis, Latin Department, CW CPA
Delegation of Argentine agricultural entrepreneurs in Hong Kong
CW CPA appreciates the invitation by Mr. Gustavo Fazzari, Consul General of the Argentine Republic in Hong Kong, to participate in the meeting at Hong Kong Trade Development Council (“HKTDC”) on 27 September 2019. Consul Nicolas Pirrello and Ms. Anne Chung, Manager, International Relations of the Belt & Road Initiative of the HKTDC were present at the meeting, together with our Latin Department advisors, Gabriela Lenis and Raul Chan, and discussed the business opportunities in Hong Kong as a gateway to the Asian market.
It is worth mentioning that this is the fifth trip to China organized by the Argentine agricultural consultancy company, Nóvitas S.A., which organizes annual training tours around the world and has more than 25 years of experience in the Argentine market. On this occasion, the tour was to visit major Chinese cities, including Hong Kong, from 17 to 30 September 2019. The head of this delegation was the Director of Nóvitas S.A., Mr. Diego De La Puente.
Written by Gabriela A. Lenis, Latin Department, CW CPA
Hong Kong Electronics Fair (Autumn Edition) 2019
The Hong Kong Electronics Fair (“Fair”) celebrated its 39th edition from 13 October to 16 October. This year, one of the main highlights of the Fair was the Tech Hall that showcased 5 important technological areas: 3D Printing, Robotics & Unmanned Tech, Smart Tech, Startup and Virtual Reality. Last year the Fair hosted around 3,740 exhibitors from 21 different countries. This year, the number of exhibitors increased up to 3,908 coming from 26 countries around the world, such as China, South Korea, India, USA, UK, Japan, Canada, Italy, Germany, Thailand, Malaysia, Russia, Australia, France, Netherlands, Spain, Singapore, Philippines, Vietnam etc.. Exhibitors brought along their remarkable and outstanding products to the Fair. Our colleague, Raul Chan, attended the event on 14 October and visited many exhibitors.
Written by Marant Caballero, Latin Department, CW CPA
On 18 Jul 2019, Mr. Thomas Wong, Partner of CW CPA led a team of CW colleagues visited Hong Kong Science Park and was well received by Mr. Peter Mok, Head of Incubation & Acceleration Programmes and Mr. Wilson Chan, Senior Manager of Incubation Promotion at Hong Kong Science and Technology Parks Corporation (HKSTP).
During the meeting, Mr. Wilson Chan provided a latest update on HKSTP’s pre-incubation, incubation, and enterprise acceleration programmes, following which Ms. Shelley Lin from CW presented to HKSTP about the professional services and networks CW could offer and the activities CW has been conducting to attract and support overseas entrepreneurs in Hong Kong.
HKSTP has three main set-ups for scientists and developers. In their pre-incubation stage, HKSTP has the Science and Technology Entrepreneur Programme (STEP) which has lower criteria and allows tech-focused entrepreneurs to test their idea by giving them access to funding, space, and developmental training for a year. The incubation stage is broken up into Incu-app, Incu-tech, and Incu-bio divisions, with each successful applicant receiving access to office space, technical and management assistance, promotion and development assistance, business support, and a financial aid package. Finally, the Leading Enterprises Acceleration Programme (LEAP) helps startups access the global stage, by granting access to the Greater Bay Area, commercializing with a startup ecosystem backed by the HK Government, and receiving up to HK$4.5 million.
The meeting was productive and Mr. Thomas Wong and Mr, Peter Mok exchanged ideas on how CW and HKSTP could collaborate to help startups achieve success in Hong Kong. HKSTP was particularly interested in CW’s specialty in the Spanish-speaking and Portuguese-speaking markets. Despite the on-going trade war between China and the US, neither CW nor HKSTP have seen a decrease in inquiries. In particular, CW has been receiving an increasing number of enquiries about the incubation programmes offered by HKSTP from entrepreneurs in China, ASEAN and Europe recently. And a tailor-made service package is now being designed to offer a total solution to overseas entrepreneurs who wish to set foot in Hong Kong.
The discussions for closer cooperation between CW and HKSTP will keep going on and remain promising.
Written by Shelley Lin and Melissa Au, Business Development, CW CPA
Written by Toby Wong, China Consultancy Team, CW CPA On 17 July 2019, CW CPA jointly organized a seminar as part of the “Regional Business Gathering Series – Hong Kong” event with the Commerce Bureau of Shenzhen Municipality and the Shenzhen International Investment & Promotion Association, under the theme of Winning Together in the Hong…
A team of our colleagues from different departments visited Cyberport on 17 June 2019. The team was received by: – Ir Eric Chan, Chief Public Mission Officer, Cyberport – Ms Ivy Chan, Head of Ecosystem and Collaboration Team, Cyberport – Ir Antony Chan, Senior Manager, Ecosystem and Collaboration Team The visit program was started by…
Mr. Anthony Leung, Partner (Audit Services) of Squarmilner, paid a visit to CW office in Hong Kong on 11 March 2019. Squarmilner is one of Allinial Global member firms based in the U.S.. Our partners Mr. Thomas Wong and Ms. Rosanna Choi met with him to discuss possible business opportunities between the two CPA firms.