Hong Kong leader John Lee Ka-chiu has held talks with Kazakhstan’s president at the start of a visit to Central Asia, highlighting the city’s role as a “superconnector” bridging businesses with global markets, as his delegation sealed a wide range of partnership deals with the nation. Lee began his five-day trip on Monday by discussing…
Hong Kong’s leader begins an official visit to Central Asia on Monday with his largest delegation to date, aiming to explore new markets amid geopolitical uncertainties and help mainland Chinese companies “go global”. Sources said dozens of memorandums of understanding (MOUs) were expected to be signed by representatives from various sectors and their counterparts in…
The mystique of Central Asia and its deepening business ties with mainland China have prompted more Hongkongers to choose the region for holidays, according to travel agency heads. They were also optimistic that Chief Executive John Lee Ka-chiu’s high-level visit to Kazakhstan and Uzbekistan this week would further promote Central Asia, encouraging residents to step…
Hong Kong has the “most complete renminbi financial ecosystem” and is well placed to serve as a hub for Central Asian countries seeking to expand the currency’s use in trade and investment, according to a veteran banker. Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the…
Hong Kong is an excellent option for Central Asian companies considering secondary listings to raise funds for expansion due to its deep liquidity, as the city eyes rapidly growing markets in the region, Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting has said. Chan, who will join a high-level delegation led by Chief…
A Hong Kong medical technology firm manufacturing tailor-made body implants will expand research initiatives and explore setting up a factory in Central Asia, in a further collaboration which one expert said could also benefit the city. Koln 3D, Hong Kong’s first orthopaedic and metal component printing technology company, revealed its plan ahead of Chief Executive…
Telecoms giant China Mobile International is planning another route to connect terrestrial cables in Central Asia with Hong Kong’s submarine network, aiming to enable more efficient data transmission between the “stan” countries and the rest of the world, a senior executive has said. Kevin Chan Kin-fan, the company’s head of carrier business, said the developing…
Hong Kong private equity firm Templewater is eyeing investment opportunities in Central Asia’s real estate, energy transition and healthcare sectors, while positioning itself as a “superconnector” to channel capital from the Middle East into the emerging market. Cliff Zhang Kun, chairman of Templewater, also stressed the need for businesses to diversify their investments and shift…
Hong Kong’s push into Central Asia aims to strengthen links between mainland China and the region while reinforcing the city’s role as a professional services hub for belt and road countries, although economic gains may take time, analysts have said. They added that Kazakhstan and Uzbekistan, given their strategic positions, were logical destinations for Hong…
Kazakhstan aims to deepen its financial services cooperation with Hong Kong, viewing it as an ideal fundraising hub to access renminbi capital through bond issuances, according to the country’s top envoy in the city. In an exclusive interview with the South China Morning Post, Bauyrzhan Dosmanbetov, Kazakhstan’s consul general in Hong Kong, also said the…