ULI Hong Kong’s Post

Thrilled to be moderating again for the celebrated annual event - Mingtiandi’s Hong Kong Forum 2024! A very thorough panel discussion on the Mainland China Investment Opportunities with macro and micro perspectives. Happy to see the well attendance with many heavy weight speakers and audience! Although we are not sure whether we are nearly the bottom yet, and still challenges lying ahead for fiscal authorities in most countries — we need to embrace consolidation to reduce debt and rebuild buffers. But what we are quite sure is the outlook for the China market longer term is firmly positive. We still have headline growth edged up to 5.3% y/y in Q1. China is the largest real estate market in Asia Pacific. It is also the second largest globally after the US, valued at US$686 billion. The digital and green transformations present opportunities to boost productivity growth and improve living standards. Deep structural reforms can enhance the conditions for entrepreneurship, innovation and economic performance.  Stay tuned for more updates! Natasha Ho, President, China Real Estate Chamber of Commerce Hong Kong and International Chapter (CRECCHKI), Hubert Chak, Executive Director and CEO, SF REIT, Humbert Pang, Managing Principal and Head of China, Gaw Capital Partners, Andrew Goodridge, Managing Partner, Asia Green Real Estate, Benjamin Chow, Head of Real Estate Research, Asia, MSCI Inc. Michael Cole, Mingtiandi - Asia real estate intelligence #APAC #China #HongKong #RealEstate #MingtiandiHKForum2024

Members of the Board and Advisory Board of the Dutch Chamber of Commerce in Hong Kong came together to discuss the future of this mainstay of Dutch-Hong Kong economic relations under changing circumstances and perspectives. It was a good exchange of knowledge and expertise. #DutchChamberofCommerceHongKong #economicrelations #netherlands #HongKong

📊 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗙𝗿𝗲𝗲𝗱𝗼𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰 𝗥𝗲𝗹𝗲𝗮𝘀𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗙𝗿𝗮𝘀𝗲𝗿 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲 #HongKong takes the crown as the world’s freest economy, with remarkable performance in three out of five focus areas. The city has ranked top consistently for over 50 years*, underscoring its commitment to fostering an open and dynamic economy. The Hong Kong SAR Government said that "Hong Kong has fully leveraged the advantages of a free market, and maintained a free, open, effective and fair business environment. The ranking fully reflects the international recognition of these advantages.” 👉 Explore our events calendar to track and join our strong lineup of financial and investment events! https://lnkd.in/gpnqjAvu *In this year’s report, Hong Kong’s ranking has moved from 2nd place last year to 1st, based on updated and revised data for 2021 and new data for 2022.                  The Fraser Institute #MEHK #MeetingsandExhibitionsHongKong #TheWorldsMeetingPlace #EconomicFreedom

Last week, we successfully concluded the Synergize GBA Forum 2024 in Hong Kong, organized by EY Greater China Region alongside Invest Hong Kong, Our Hong Kong Foundation, and the Shenzhen Foundation for International Exchange and Cooperation. More than 12,000 participants joined the Forum both online and in person, highlighting the growing interest in the development of the Greater Bay Area. This year’s theme, “Unleashing new quality productive forces,” sparked vital discussions on transforming our region into a dynamic economic growth hub. Our speakers explored the role of new quality productive forces in cultivating new economic growth zones and fostering an economic ecosystem powered by data and capital flow. They emphasized the critical need to support local companies in their global expansion efforts and to nurture industry-academia collaborations, all aimed at optimizing the allocation of productive factors in our region. We should continue to leverage Hong Kong and Macau’s international status to integrate both domestic and global resources and tap into worldwide expertise. It’s crucial to create innovative pathways for the GBA, foster strategic industries, and establish a world-class business environment and quality of life to attract global capital and top talent. As we compete on the global stage, our goal is to inject new energy into the global economy and contribute to its ongoing growth. At #EY, we’re dedicated to our “Six Connects in the GBA” framework and to offering professional services that will help transform the region into a world-class bay area. Looking forward, I’m excited about the ongoing collaborations that will elevate the GBA to new heights. Let’s keep the momentum going. Read more about the event on EY GBA minisite: https://eygba.vapps.me/ Invest Hong Kong | 團結香港基金 Our Hong Kong Foundation | Shenzhen Foundation for International Exchange and Cooperation | Cyberport Hong Kong | Employers' Federation of Hong Kong | Financial Services Development Council | Hong Kong General Chamber of Commerce (HKGCC) 香港總商會 | HKPC - Hong Kong Productivity Council | HKSTP - Hong Kong Science and Technology Parks Corporation | The Hong Kong University of Science and Technology | HKUST Guangzhou #SynergizeGBA #6Connects11Cities #GBA

I was invited to Now TV to share my response to Director Zheng of the Liaison Office of the Central People's Government's speech at Our Hong Kong Foundation's 10th-anniversary cocktail reception last week. In my view, there are three key takeaways from Director Zheng's speech. 1. Hong Kong must step up its efforts in developing new innovative industries (I&T, art & culture, etc.) on top of the traditional "trading" business. 2. The business sector should contribute more to nurturing start-ups and transforming Hong Kong's economy. 3. Think tanks are expected to take a more important role in participating in policy decision-making. Revisit the programme: Part 1: https://bit.ly/3TKUFhH Part 2: https://bit.ly/3Y8x6Cl #時事全方位 #解讀 #鄭主任講話 #DirectorZheng #Speech #keytakeaway #OHKF #ThinkTank

團結香港基金 Our Hong Kong Foundation (OHKF) held the Insight Forum, entitled "High-quality Belt and Road Development: From Regional Cooperation to Hong Kong's Transformation and Potential", on 16 September, inviting the keynote speaker, Dr Jonathan Choi, Chairman, The The Chinese General Chamber of Commerce, Hong Kong, Chairman, Sunwah Group, and Special Counsellor, OHKF, together with Bernard Charnwut Chan, Chairman, OHKF and Chairman & President, Asia Financial Holdings Limited, and 何力治 Nicholas Ho Lik-chi, Commissioner for Belt and Road Office, HKSAR Government, to foster productive discussions on Hong Kong's evolving role and future development prospects within the ASEAN region and the broader Belt and Road framework. Dr Jonathan Choi advised Hong Kong to bear in mind its irreplaceable dual roles in attracting foreign investment and going global. He believed that by leveraging the advantages of “One Country, Two System”, Hong Kong could not only collaborate with mainland Chinese enterprises but also engage in partnerships with companies worldwide. He highlighted the need to possess an overview of the whole world. Nicholas Ho suggested Hong Kong capitalise on its strengths in the Belt and Road Initiative (BRI) to function as a key link between standards. He indicated that no matter the development of the BRI or RCEP, the connectivity between regulations and standards would be a pioneer for industrial development. Event Recap: https://bit.ly/3Z2NPaQ

As we embrace the Year of the Dragon, I am both humbled and exhilarated to step into the role of Vice Chair of The American Chamber of Commerce in Shanghai (AmCham Shanghai) Board of Governors. This appointment comes at a pivotal time when the dynamics of US-China relations and the global economic landscape are rapidly evolving. The recent dialogue between President Biden and President Xi, marked by a shared commitment to deepening engagement, sets a promising backdrop for our efforts at AmCham Shanghai. It is against this backdrop that I, alongside my fellow Vice Chair Cameron Johnson 江凯明, Treasurer Helen (Haoyang) Hu and General Counsel Liza Mark, am tasked with steering our Chamber through a period of strategic transformation and heightened bilateral engagement. Our board, under the visionary leadership of Allan Gabor, is poised to navigate these changes with a focus on stability, growth, and the facilitation of meaningful dialogues between our two nations. The establishment of the #MNC and #SME Advisory Councils, led by Simon Yang and Cameron Johnson 江凯明 respectively, reflects our commitment to addressing the diverse needs of our members and fostering a vibrant ecosystem for multinational corporations and small and medium-sized enterprises alike. Moreover, the creation of the Special Envoy for People-to-People Exchanges, a role entrusted to Helen (Haoyang) Hu, underscores our dedication to building bridges between the people of the United States and China. This initiative resonates with my own beliefs in the transformative power of mutual understanding and collaboration. It is clear that the presence of American business in China is not only pivotal for the US-China relationship but also instrumental in bolstering the economies of both nations and the globe. As we look forward to 2024, I am inspired by the resilience and ingenuity of US businesses operating in China. Our collective journey ahead is one of collaboration, innovation, and shared success. I am eager to contribute to this mission, working closely with our members, the board, and the AmCham staff to not only navigate the challenges but also seize the opportunities that lie ahead. I extend my deepest gratitude to the AmCham Shanghai community for entrusting me with this responsibility. #AmChamShanghai #Leadership #USChinaRelations #YearOfTheDragon #GlobalBusiness

Panel 5 zooms in on the immense opportunities and collaborative potential within the Greater Bay Area (GBA), encompassing Hong Kong, Macau, and nine other cities in Guangdong Province. Attendees will explore the dynamic landscape of cross-border innovation, technology transfer, startup ecosystems, investment prospects, and regional cooperation that are propelling technological advancements across industries. Discussions will revolve around the strategic advantages of the GBA, exploring how cross-border collaborations can unlock innovation potential. By drawing attention to the unique dynamics and collaborative spirit of the GBA, this panel aims to inspire attendees to leverage this remarkable ecosystem, fueling technological advancements and propelling the GBA to new heights of innovation and economic growth. Joining us at this panel includes: Annie To, Development Director, Infotronic Technology Limited Eric Or, Acting Chief Corporate Development Officer, Head of Ecosystem Development, Hong Kong Science and Technology Parks Corporation  Prof. Lapman Lee ✔, Professor of Practice (ESG, FinTech, Governance), Hong Kong Polytechnic University Stanley Sum, Partner, Head of Digital and Technology Enablement, KPMG China The BritCham Hong Kong Summit is the Chamber's most attended event of the year, exploring matters of great importance to Hong Kong's international business community. Taking place on Tuesday 24 September 2024, the Summit will bring together senior leaders, innovators, and change-makers to explore how innovation and technology play a critical role in shaping a successful future for Hong Kong. Paul McComb 麥冠明 Wendy Tang Pak Yin Christy Ng Holly Dooley #BritChamHKSummit2024 #HongKongInnovateThrive #BritChamHK #BusinessinHongKong #ChamberofCommerce

📣 Seminar on 11/09 at 2:30pm: "Hong Kong in the 2020's: Reset amidst Challenges" (on site and online) The French Centre for Research on Contemporary China (CEFC) and Hong Kong Metropolitan University co-organise a seminar to present the issue 137 of China Perspectives: “Hong Kong in the 2020s: Reset amidst Challenges” (guest editors: Lam Wai-man and Emilie Tran). This issue examines the evolving political, social, and economic landscape of Hong Kong amidst significant changes in governance and after the Covid-19 pandemic. Adopting a mixed-method approach and a multidisciplinary perspective, the collection of articles delves into the latest developments since 2020. Key areas of analysis include the challenges of education and social integration, the ongoing housing crisis, and Hong Kong’s place branding strategies. By addressing these pressing issues, the articles aim to conceptualize Hong Kong’s evolving core values as it navigates a new era. 👉 https://lnkd.in/gqETCEkd ✅ Registration: https://lnkd.in/gVn_b7pG #seminar #hongkong #covid19

📢 Exciting Announcement for Hong Kong Enterprises! 📢 Dear Esteemed Professionals, We are thrilled to share remarkable news that could potentially transform the trajectory of your business endeavors. Are you contemplating expansion ventures into one of the globe's most rapidly burgeoning urban landscapes? Look no further! We are delighted to extend an exclusive invitation to you on behalf of Invest Seoul, in collaboration with the Seoul Metropolitan Government, for the forthcoming "SEOUL FORWARD: Your Next Business Destination" roadshow. 🗓 Date: June 11th, 2024 🕐 Time: 13:00-17:00 🏨 Venue: Hotel Alexandra Hong Kong We cordially invite you to participate in a day filled with invaluable insights, networking opportunities, and strategic discourse. Highlights of the event include: 🌟 Seminars elucidating Korea's dynamic business landscape and its promising outlook. 🌟 Comprehensive introduction to Invest Seoul's array of support programs tailored to catalyze your expansion initiatives. 🌟 Exclusive private consultation sessions dedicated to addressing pertinent legal, tax, accounting, foreign exchange, and labor-related inquiries. This occasion presents an unparalleled opportunity for you to delve into the vibrant prospects that Seoul proffers and discover firsthand how Invest Seoul stands poised to streamline and fortify your trajectory towards business expansion. We urge you not to let this extraordinary opportunity pass you by. Secure your attendance promptly by reserving your spot via the following link: https://lnkd.in/gQqCmMpW For further elucidation regarding the event's agenda and pertinent details, please peruse the attached invitation letter accessible through this link: https://lnkd.in/gQMrwpKR Seize the moment to propel your enterprise to unprecedented heights, with Seoul beckoning as your next destination of choice! #SeoulForward #BusinessExpansion #InvestSeoul #HongKongBusinesses