InvestHK Bimonthly Newsletter May 2016 Full Steam Ahead Hong Kong as an International Maritime Centre InvestHK is joining hands with the new Hong Kong Maritime and Port Board to raise Hong Kong’s profile in the international maritime landscape The new Hong Kong Maritime and Port development, and promote Hong Kong as an will all be chaired by an industry person. Board was officially established in April international maritime hub. 2016. Chaired by the Secretary for Transport Three functional committees will be Hong Kong Shipping Register and Housing, it is a high-level steering body formed under the Board, respectively Ranks First in Asia to assist the Government in formulating focusing on industry development, The Hong Kong Shipping Register currently strategies and policies to drive the growth manpower development, and promotion ranks first in Asia and fourth in the world and of high value-added and professional and external relations. To strengthen our registration of ships has crossed the maritime services in Hong Kong, foster talent industry participation, these committees 100 million gross tonnage mark in 2015. investhk.gov.hk International Forward Calendar 3 Successful Investors 7-15 this Special Feature 4 New Investors 16 Issue Sector Focus: Smart City 6 2 Ship registration has been a core feature of maritime commerce The success of our shipping register owes a large part to our for many centuries and is now an integral part of international excellent partners in the maritime services sector. There are maritime business. over 800 shipping-related companies operating in Hong Kong, As ship owners can choose which flag state to register their providing a great variety of quality maritime services ranging ships with, the registration is in itself a vote of confidence in the from ship management, ship broking and chartering to maritime flag state. Upon its inception in 1990, the Hong Kong Shipping law and arbitration. We are also the leading international Register had a mere 765 ships with a total gross tonnage of ship finance centre in Asia, with eight out of the world’s top 10 six million. According to a United Nations report in October bookrunners setting up offices here. 2015, Hong Kong accounted for 8.6 percent of the world’s The Hong Kong Port is one of the busiest container ports in the total tonnage. Registries with good track record usually host world. It provides frequent and comprehensive liner shipping younger fleets and keep a tight rein to ensure compliance with services with about 340 container liner services per week international regulations. connecting to around 470 destinations worldwide. Mainland China’s Belt and Road Initiative involves about more than 60 countries in the world. Hong Kong Port has cargo movements to and from about 45 countries with sea ports along the Belt and Hong Kong as a Logistics Hub Road corridor. Hong Kong will continue to play a pivotal role in the maritime silk road and the role of a “super-connector” in connecting Hong Kong has extensive connectivity with Mainland Mainland China and the rest of the world. China and the rest of the world via well-developed multi- InvestHK will actively participate and support promotional modal transport network and outstanding efficiency: events held overseas and in the Mainland to attract more high value-added maritime services companies to cluster in Hong Air transport Kong. The upcoming event is Posidonia, one of the largest • 100 airlines operating some 1,100 flights per day international shipping exhibitions, to be held in Athens, Greece on 6-10 June 2016. • Regular and direct services to 140 international destinations worldwide and 50 destinations in Mainland China • Busiest airport for international cargo Sea transport Contact: • About 340 container vessel sailings per week to Hong Kong Maritime and Port Board around 470 destinations worldwide Website: hkmpb.gov.hk Tel: (852) 3509 8264 • One of the busiest ports in the world Fax: (852) 2523 0030 Email: [email protected] Land transport • Four road-based crossings between Hong Kong and InvestHK Mainland China, with a capacity of about 120,000 Benjamin Wong vehicular crossings every day Head of Transport and Industrial Tel: (852) 3107 1088 Email: [email protected] INTERNATIONAL FORWARD CALENDAR 3 Hong Kong Data Centre World Asia 2016 The awarding winning Data Centre World has arrived in Hong Kong after its huge successes in London, Frankfurt, Paris and MAY Singapore. It will be one of the biggest events dedicated to data Hong Kong centres in North Asia. Free entrance. Location: AsiaWorld-Expo “Belt and Road” Seminar for Jiangxi enterprises Organiser: CloserStill Media Aims to encourage Jiangxi enterprises to leverage Hong Kong’s ▶datacentreworldhk.com various business advantages to access overseas markets under 18-19 Belt and Road Initiative through Hong Kong. Hong Kong Organiser: The People’s Government of Jiangxi Province Cloud Expo Asia Co-Organisers: Jiangxi Provincial Development and Reform This award-winning event has arrived Hong Kong after its huge Commission, Department of Commerce of Jiangxi Province, successes in London, Frankfurt, Paris and Singapore. It will be InvestHK, Nanchang Municipal Government, Jiujiang Municipal one of the largest events dedicated to cloud computing in North 10 Government and Jindengzhen Municipal Government Asia. Free entrance. Hong Kong Location: AsiaWorld-Expo FINTech 2016: Leveraging the Opportunities Organiser: CloserStill Media Provides key insights on a new generation of emerging ▶cloudexpoasiahk.com technologies and financial service opportunities and the way Vancouver, Canada forward. The Pacific Finance and Trade Summit, Vancouver Location: KPMG Conference Facility, 23rd Floor Hysan Place, 500 Looks at how we can build our economy with a focus on Hennessy Road, Causeway Bay, Hong Kong important new tools in finance and trade, and further develop Organiser: Inspira International Ltd 24-25 those advantages to build a sustainable business in the Pacific. ▶fintechasia-biz.com Location: The Vancouver Club and The Vancouver Convention Glasgow (10), Inverness (11), UK Centre Edinburgh Centre for Carbon Innovation — Hong Kong Organiser: CityAge Media Inc. Low Carbon Export Workshop ▶cityage.org/pacific Provides networking opportunity and relevant information Sydney, Australia about business opportunities in Hong Kong and Greater China. World Business Forum, Sydney Organiser: Edinburgh Centre for Carbon Innovation Brings together over 2,000 senior executives from throughout ▶edinburghcentre.org Australia and New Zealand, with the world’s best business 10-11 San Jose, US 25-26 thought leaders for a two-day immersion of the key topics FinovateSpring 2016 critical to success. Location: The Event Centre, The Star Showcases cutting-edge banking and financial technology in a unique demo-only format. Every Finovate event gathers 1,000+ Organiser: BEE Australia fintech innovators together to network. ▶wbfsydney.com Location: San Jose City National Civic (Silicon Valley) Hong Kong Organiser: Finovate RISE HK 2016 ▶spring2016.finovate.com RISE is produced by the team behind Web Summit. In five Riga, Latvia 31 MAY short years, Web Summit has become Europe’s largest tech conference which this year attracted 42,000 attendees from 134 The European Forum of Hong Kong Federation of countries. Business Associations Worldwide 2 JUN Location: Hong Kong Convention and Exhibition Centre Board members of 14 associations from all over Europe will be introduced to the specifics of doing business with Mainland Organiser: ConnectIntelligence 12-13 China and Hong Kong from the Baltic perspective, and the ▶riseconf.com opportunities from the Belt and Road Initiative. Location: Radissson Blu Elizabete Hotel JUN Organiser: BHKTA Hong Kong ▶bhkta.org APAC Innovation Summit 2016: Robotics Guernsey, UK Provides the leading minds an opportunity for inspirational Guernsey Finance — China Update and Business 2-3 exchange in technology and market trends. Etiquette in Asia Location: Grand Hall and Conference Hall, Hong Kong Science Park 17 Provides relevant information and business etiquette about Organiser: Hong Kong Science and Technology Parks Corporation doing business in Hong Kong and Greater China. ▶apacinnosummit.net Organiser: Guernsey Finance Hong Kong guernseyfinance.com ▶ EmTech Hong Kong Astana, Kazakhstan Brings MIT Technology Review’s award winning editorial HK Business Roundtable Meeting and Matchmaking Session content to life and explores how advancements in the areas 7-8 of artificial intelligence (AI), robotics, smart cities, fintech and 18 A one-to-one series of business appointments co-organised by ATF Bank. healthtech, are redefining our lives. Location: Astana Ramada Hotel Location: Hong Kong Convention and Exhibition Centre Organiser: Hong Kong Trade Development Council (HKTDC) Organisers: MIT Technology Review and Koelnmesse ▶emtechhk.com CONTINUED ON PAGE 5 Organised by InvestHK Visit www1.investhk.gov.hk/events for details 4 SPECIAL FEATURE Dynamic Happenings in SoHo and Beyond Just a few minutes’ walk away the Central escalator off Hollywood Road, one can see the buzzing SoHo district with a wide offerings of exciting eateries and interesting art galleries. Further down the road, the NoHo area and beyond, is a quieter neighbourhood with design-driven lifestyle stores and boutiques. This vibrant part of the city with a wide selection of offerings is attracting overseas visitors and locals alike SHEUNG WAN Stockholm Menu Studio8 Atelier Honeybunch PATRICK