February 2024

Follow our Office on LinkedIn

Photo credit: Hong Kong Tourism Board

Take Actions Now!

Email london.office@hktdc.org to secure your seat now or to receive more details!


The 40th HKTDC Hong Kong International Jewellery Show


29 Feb– 4 Mar, HKCEC


The 10th HKTDC Hong Kong International Diamond, Gem & Pearl Show


27 Feb – 2 Mar 2024, Asiaworld- Expo

Hong Kong International Film & TV Market (FILMART)


11-14 Mar 2024, Hong Kong

MarketingPulse 2024& eTailingPulse 2024


13 Mar 2024, HKCEC

Hong Kong Experience

Success through Hong Kong

Timo Hänninen, CEO of INJEQ at the ASGH 2023

Content credit: INJEQ& Nordic9

INJEQ, a company based in Tampere, Finland, specialises in developing intelligent medical technology, specifically smart needles designed for demanding lumbar punctures and medical injections. At the forefront of their innovations is the IQ-Tip® system, a groundbreaking method tailored for challenging lumbar punctures, particularly crucial in the treatment of childhood leukaemia.

In May 2023, INJEQ's IQ-Tip® received an invitation from HKTDC London office to participate in the Asia Summit on Global Health (ASGH). This had provided a unique opportunity for the company to establish connections with two hospitals and engage with numerous potential investors from Hong Kong and Mainland China during the ASGH seminar sections. Subsequently, they capitalised on this momentum by visiting several hospitals in Hong Kong, engaging in meaningful discussions with key stakeholders about their cutting-edge technologies.

Just three months after their initial visit, in August, INJEQ achieved a significant milestone by successfully securing a distributor contract with Chong Lap (H.K.) Co. Ltd. This marked the beginning of their product's entry into the Hong Kong market, with aspirations to expand further into the Greater Bay Area (GBA). Concurrently, negotiations with Queen Mary Hospital (Hong Kong) were underway, exploring possibilities for integrating their product into both clinical use and the training of new medical professionals. This groundbreaking initiative would represent the first instance, outside Finland, of training new doctors with IQ-Tip®.

HKTDC London office is proud of INJEQ's achievements. The ASGH, a pivotal event for HKTDC, serves as a platform uniting key players, decision-makers, and change drivers in the healthcare industry. The success of ASGH was evident in 2023, drawing 2,500 participants from 40 countries and regions, with over 300 deal-making meetings conducted. As the 4th edition approaches in May 2024, there is anticipation for an even larger participation of global industry leaders. For those eager to learn more, please feel free to reach out to london.office@hktdc.org, as recruitment for visitors, exhibitors, and speakers is currently underway.

How can we help your business grows through HK? 

hktdc.com Sourcing is one of the service divisions provided by HKTDC, your trusted online marketplace that connects you with quality buyers and suppliers worldwide. Since its launch in 2000, hktdc.com Sourcing has amassed about 2 million registered buyers and over 130 thousand active quality suppliers on the platform.

To contribute to the success of both sides, the Request For Quotation (RFQ) function was created to enable suppliers to proactively collect the latest sourcing needs from quality global buyers, empowering suppliers to seize every opportunity to secure new orders.

Here are the five key competitive advantages:

  Stay up-to-date with the latest sourcing needs through a dedicated webpage.
  Quickly grasp the latest market trends.
  Screen quality buyers with detailed information.
  Respond to buyers immediately after the quotation is approved.
  Keep the quotation history organised and easily accessible.

Sounds intriguing? Just click to register and discover how it can contribute to the success of your business through Hong Kong.

Jan Recap

The 50th HKTDC Hong Kong Toys & Games Fair, 15th HKTDC Hong Kong Baby Products Fair and 22nd Hong Kong International Stationery & School Supplies Fair concluded successfully at the Hong Kong Convention and Exhibition Centre on January 11, 2024. The four-day physical fairs attracted some 83,000 buyers from 135 countries and regions and saw international buyers return, a promising start for the Hong Kong Trade Development Council (HKTDC) trade shows this year. Read more here.

The 17th Asian Financial Forum (AFF), jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), successfully concluded on 25 January 2024, attracting over 3,600 financial and business elites from more than 50 countries and regions, including over 70 overseas and Mainland China delegations. The Forum showcased Hong Kong’s thriving economy as participants explored opportunities, accelerated sustainable development and multilateral cooperation and launched Hong Kong’s conferences for the year. Learn more here.

On 30th Jan, the HKTDC London and the Hong Kong UK Business Forum (#HKUKBF) hosted our first pre-CNY networking event of 2024, welcoming around 40 guests interested in exploring business opportunities through Hong Kong and eager to connect with potential partners and service providers. HKUKBF Chairman, Professor Keith Jackson, and Joey Ko, OIC of HKTDC London office, both gave the opening remarks. Find out details by clicking here.

On 31st Jan, we launched our first business event, titled ‘Leveraging Hong Kong For International Growth,’ with Santander Navigator. The event drew participation from around 30 people and commenced with a panel of insightful sharing by Alex Phillips from Santander UK, Joey Ko from HKTDC London, Daisy Ip from InvestHK London, and Corin Wilson from the Department for Business and Trade (DIT). They provided a comprehensive overview of each function's role and how they could assist UK enterprises looking to extend their business presence in Hong Kong. Adding to the richness of the event, Hannah Lyu from SHOPLINE shared valuable insights on how UK companies could leverage the latest digital tools to effectively reach local consumers.

In the second half, esteemed guests, including Jurga Zilinskiene MBE, Callum Lumsden, Aline Burgmann, and Robert Lockyer, shared their entrepreneurial journeys. Providing first-hand insights gained from establishing and operating businesses in Hong Kong, they offered a nuanced comparison of doing business in Hong Kong versus other countries. Read more here.

On 1st Feb, invited by TUS Park and Hawksford, Joey Ko, OIC of HKTDC London Office joined the roundtable (hybrid) with a group of UK tech companies who are keen to explore how to use Hong Kong as the gateway to access mainland China market and beyond. Joey shared about the great supports provided by HKTDC to UK companies who are interested to do business in Hong Kong.

Hong Kong Business Updates

1/ Hong Kong leading venue for ESG investment:

Two reports published by the HKTDC in October in 2023 showed that 65% of GBA enterprises had launched sustainable development plans while as many as 99.7% planned to boost or maintain environmental, social and corporate governance (ESG) investment levels in the next two years. Read the full report here.

2/ Hong Kong sees over 130,000 newly registered companies in 2023:

A total of 132,246 local companies were newly registered with the Registry in 2023, according to the statistics released by the Companies Registry on January 15. The total number of local companies registered under the Companies Ordinance was 1,430,758 by the end of 2023, increasing by 39,080 compared to 2022. Read more here.

3/ Exporters bullish on prospects for year:

In November 2023, the volume of Hong Kong's total exports of goods and imports of goods increased by 1.5% and 2.6% respectively over November 2022, the Census and Statistics Department announced. Comparing the three-month period ending November 2023 with the preceding three months on a seasonally adjusted basis, the volume of total exports of goods and imports of goods increased by 4.3% and 4.0% respectively. Read more here.

4/ Hong Kong economy rebounds to expand 3.2% in 2023:

On January 31, the Census and Statistics Department (C&SD) released advance estimates for GDP for the fourth quarter and the entire year of 2023. According to the advance estimates, GDP increased by 4.3% in real terms in the fourth quarter of 2023 over a year earlier, compared with the increase of 4.1% in the third quarter. For 2023 as a whole, GDP increased by 3.2% in real terms over 2022. Read more here.

5/ Hong Kong retail sales grow 16.2% in 2023, bouncing back from contraction:

Hong Kong’s retail sales grew 16.2 per cent last year, rebounding from a small contraction in 2022. Provisional figures released by the Census and Statistics Department on February 2 showed retail sales in December rose 7.8 per cent year on year, hitting HK$36.3 billion (US$4.7 billion), slightly higher than the HK$34.2 billion logged the previous month. Read more here.

Partner's Corner

The West Yorkshire Combined Authority, led by Mayor Tracy Brabin, serves a region covering 2.4 million people with an economy worth £60 billion and seven universities, producing over 33,000 skilled graduates a year. The Combined Authority supports West Yorkshire-based companies to grow and expand, helping businesses reach new customers nationally and internationally, generate additional revenue, and mitigate market risks.

West Yorkshire has been named home to the UK’s third investment zone, focusing on life sciences and health tech, and is expected to create 2,500 jobs and unlock £220 million of investment over the next five years.

Working closely with the Department for Business and Trade, the Combined Authority helps companies to maximise the potential in new trade agreements, bringing together resources to help companies navigate the trade support landscape.

To find out more email


invest@the-lep.com or visit www.investwestyorkshire.com/


Content credit: Hong Kong Traveller Photo credit: Hong Kong Tourism Board

The Hong Kong Chinese New Year Parade stands out as a hallmark of Lunar New Year festivities, showcasing vibrant floats, marching bands, acrobatic troupes, lively dragons, traditional Chinese dancers, and international troupes from around the world. The parade also includes drummers, Chinese lions, and, of course, firecrackers. Notably, this marks the first year after a four-year interruption, and it's time to prepare for the eagerly awaited Year of the Dragon! The parade is scheduled for the evening of New Year's Day, on 10th February 2024. The procession will wind through the streets of Tsim Sha Tsui, offering an hour-and-a-half extravaganza filled with lively music, dance, acrobatics, folklore, martial arts, and well-wishing to usher in the new year. For further details, please visit Hong Kong Traveller & Hong Kong Tourism Board.


Don't forget to follow us on LinkedIn


Please confirm you want to keep receiving our monthly e-newsletter by subscribing here.


Follow HKTDC:

Follow Us on Facebook Follow Us on Twitter Follow Us on Linkedin Follow Us on Weibo Follow Us on Weixin Follow Us on Youtube Follow Us on Youku

© 2024 Hong Kong Trade Development Council. All rights reserved. 

16 Upper Grosvenor Street

London W1K 7PL


Tel: 44-(20) 7616 9500

Fax: 44-(20) 7616 9510

Email: london.office@hktdc.org

Website: https://www.hktdc.com/

You are receiving this email since your contact details are in HKTDC database. Please do not reply to this email, as the address is unattended. For enquires or more information about this email, please contact london.office@hktdc.org

To unsubscribe or manage your HKTDC e-subscription, please click here.