Quarterly Newsletter July 2018 FIRST CROSS-BORDER FINTECH WEEK 29 OCT – 2 NOV 2018 Hong Kong FinTech Week will present the world’s first cross‑border financial technology (FinTech) event from 29 October to 2 November 2018. This Issue 3 International Forward Calendar 4 Special Feature: Annual RHQ Survey 5 Market Focus: Japan 6 Special Feature: HKEX New Listing Regime 7-15 Case Studies 16 New Investors 2 Taking place in Hong Kong and Shenzhen, In November 2017, the Hong Kong Event Calendar the conference is expecting to attract Monetary Authority (HKMA) and the more than 8,000 senior executives and Monetary Authority of Singapore (MAS) featuring over 200 of the world’s top announced the joint development of Days 1 – 2 Finovate Asia FinTech founders, investors, regulators, the Global Trade Connectivity Network and academics, who are shaping the (GTCN), a cross-border infrastructure 29 – 30 October 2018 (Mon – Tue) future of financial services by driving a based on distributed ledger technology, Hong Kong Convention & technological revolution in the industry to digitalise trade and trade finance Exhibition Centre across Asia and globally. between the two cities and potentially with an aim to expanding the network in This only one Asian stop will bring together the entire global FinTech the region and globally. Highlights community to showcase cutting-edge World’s first cross-border FinTech The Stock Exchange of Hong Kong banking, financial and payments event – Hong Kong and Shenzhen launched a new listing regime on technology in a unique, short-form, 30 April 2018 which allows listings of demo format. Hong Kong is a fantastic base for FinTech companies with weighted voting right companies that aspire to a share in what is (WVR) structures in order to attract more the largest FinTech market in the world – technology and emerging companies to Mainland China. This year the FinTech Days 3 – 4 Hong Kong. Main Conference Week will focus on Hong Kong’s vital position and appeal as a conduit to the In May 2018, HKMA has issued a revised 31 October – 1 November 2018 Guangdong-Hong Kong-Macao Bay Area, guideline on the authorisation of virtual (Wed – Thur) which comprises Hong Kong, Macao and banks. Interested parties can submit Hong Kong Convention & nine major cities and 68 million people their applications to HKMA before Exhibition Centre around the Bay Area. 31 August 2018. The two-day conference and expo will Fast Track Programme feature four stages, over 100 exhibition Dedicated FinTech Team Organised by InvestHK in partnership with booths and more than 200 speakers from across the world. It is ideal for Finnovasia, the new programme will help InvestHK’s dedicated FinTech team in interested parties seeking business startups from all over the world to get their Hong Kong with correspondents located expansion to Hong Kong, Mainland key to success in doing business in Hong in London and San Francisco aims to China and the APAC region. Kong. Selected companies will go through attract top innovative FinTech enterprises, the programme by meeting and following- startup entrepreneurs, investors and other up with the relevant stakeholders – the stakeholders from all over the world to Government, regulators, investors, VCs, Hong Kong and assist them to establish Day 5 Shenzhen Day accelerators, associations and institutions their presence here. The team provides in one simple track. Companies will benefit practical support such as business 2 November 2018 (Fri) from the basic business set-up in Hong evaluation, set-up (office, visa applications, Shenzhen – various locations Kong to seize opportunities to expand and and bank account), introduction to scale in the region. regulators, networking and public relations With company visits, presentations and business networking, participants Innovation Lab Tours and marketing support, etc. can explore and learn from the There will be an opportunity to visit key FinTech Week most innovative tech companies in innovation labs, hubs, accelerators and Mainland China. Participants can also incubators across Hong Kong. Facility Key Themes network with Chinese banks, VCs tours will be arranged to meet key staff to and regulators, with the professional understand their roles and focus in building counterparts from Hong Kong. the Hong Kong FinTech Ecosystem. Artificial elligenc D Business Matching / Office Hours Int e i B s l Sign up for more updates about the Hong tr o T ib c e k Facilitated meet-ups and business matching, l u Kong FinTech Week: www.fintechweek.hk c c a h t s e h u ( n as well as office hours with key partners, k D d a t o i r n L l n i T L @HongKongFinTech o a ) e g regulators and government, allowing & V d B y g #HKFintechWeek attendees to drop in at a time that suits them. e r G u M H a Fast Evolving o n a n g h c g d c C a on e a o o K g- nT n FinTech Ecosystem l B on Fi i la a g- Ch b y Watch the video: or Ar in Since the inaugural Hong Kong FinTech at ea ion Week in November 2016, there have been a number of new initiatives that promote the FinTech ecosystem in Hong Kong and foster international collaboration on FinTech innovation. Highlights include: International Forward Calendar 3 07JUL 09 SEP Futures 2018: Cambridge Cleantech Annual China International Fair for Investment and Conference Trade (CIFIT) in Xiamen The conference will cover the global development on the Themed “Introducing FDI” and “Going Global”, the 20th UK’s leadership in smart technology from the government’s CIFIT will showcase the business opportunities as well perspective. Attendees can also hear about major new local as investment policy and environment promotion by 4 investments in Cleantech, corporates with new innovation 8‑11 integrating exhibition, talks, B2B project match-making, search programmes and Cleantech innovators. protocol meeting, investment salon etc. Location: The Trinity Centre, Cambridge Science Park, UK Location: Xiamen International Conference and Exhibition Centre, Mainland China Organiser: Cambridge Cleantech Organiser: Ministry of Commerce, PRC (MOFCOM) cambridgecleantech.org.uk/events/cambridgecleantechfuture- 2018-cambridge-cleantech-annual-conference www.chinafair.org.cn/english/overview/gnts1.aspx Biospain RISE 2018 This is the largest Biotech event organised by a national People from the world’s biggest companies and most exciting bio-industry association in Europe and one of the world’s startups will come to Hong Kong to share their experiences. largest with over 3,000 one-to-one meetings and more than They’ll be joined by major global media and investors for this 9‑12 800 participating companies. 34 percent of the delegates three-day networking event. 25‑27 come from outside of Spain. InvestHK is a corporate partner. Location: HK Convention and Exhibition Centre Location: Fibes Exhibition & Congress Centre, Seville, Spain Organiser: Web Summit Organiser: ASEBIO, the Spanish Boi-industry Association, riseconf.com the Government of Andalucia biospain2018.org Belt and Road Summit, Tokyo This seminar aims to introduce Hong Kong’s role and The Hong Kong Institute of Bankers Annual business opportunities for Japanese companies under the Banking Conference 2018 Belt and Road Initiative and Guangdong -Hong Kong-Macao Themed “Banking for a Smart Society”, the event will look at Bay Area development. how banks should digitise processes and channels to create 11 Location: Jimbo-cho, Tokyo, Japan a well-integrated customer experience in a smart society, Organisers: InvestHK, Hong Kong Economic and Trade Office 27 and discuss how the industry should manage this digital in Tokyo transformation. investhk.gov.hk/en/events/belt-and-road-and-greater-bay- Location: N100 Series (New Wing), HK Convention and Exhibition Centre area-initiatives-hong-kong-s-important-role-and-business.html Organiser: The Hong Kong Institute of Bankers Smart Innovative Hong Kong and the bankingconference.hkib.org/hkib2018 Guangdong‑Hong Kong‑Macao Bay Area The seminar aims to introduce Hong Kong’s business OCT 12 advantages and how Korean enterprises could make use of 10 the city to enter the Guangdong-Hong Kong-Macao Bay Area. South Summit Location: Lotte Hotel Seoul, South Korea A leading Innovation Global Platform focusing on business Organiser: InvestHK, Korea Trade-Investment Promotion Agency opportunities and disruptive trends that gathers the 3‑5 entrepreneurial ecosystem. InvestHK is a corporate partner. Forbes Under 30 Summit Asia Location: La N@ve, Calle Cifuentes 5, Madrid, Spain The Summit will bring together some 300 young leaders, Organiser: Spain Startup entrepreneurs and game-changers from across Asia, taken southsummit.co/en from the Forbes’ “30 Under 30 Asia” lists, as well as CEOs, mentors, industry leaders, investors and disruptors. It will 16‑18 Japanese Community Networking Reception feature three days of panels, tech demos, networking, as well This networking reception is to thank Japanese companies as a food and music festival. 9 for their contribution to Hong Kong. Location: InterContinental Hong Kong Location: Hong Kong Organisers: Forbes Organiser: InvestHK (by invitation only) forbesunder30summitasia.com Hong Kong Fintech Week 2018 22nd Innovative Entrepreneur Award Ceremony The world’s first cross-border FinTech event that aims to This flagship programme aims to commend the attract over 5,000 senior executives and features over 100 of achievements of creative entrepreneurs in Hong Kong and 29Oct the world’s top FinTech founders, investors, regulators and 21 promote entrepreneurial spirit.