MARKET SPOTLIGHT

market spotlight

Plugging a gap in the fast-growing meat substitute market won this start-up a place in the HKTDC’s entrepreneurship development programme.

10 August 2022

As the shift to vegetarian diets becomes more deeply rooted in Hong Kong, local start-ups are seizing the opportunity to develop new food technologies. Hong Kong start-up Good Food Technologies has developed a plant-based pork substitute made from konjac (a root vegetable widely cultivated in Asia), coconut oil and soyabeans. The firm's first round of financing attracted HK$12 million (US$1.53 million) which will be used to build new production facilities, develop retail capabilities and grow beyond Hong Kong.More

Topics: Environmental Protection, Food & Beverages, Hong Kong, food, start-ups

Easier entry to HK welcomed

The HKTDC’s chairman lauds further opening up of the city and outlines five key strategies to help SMEs capture opportunities.

09 August 2022

The Hong Kong business community has welcomed authorities’ move to relax COVID-19 prevention requirements for arrivals, who from 12 August will need to stay in a quarantine hotel for three days followed by four days of self-isolation.More

Topics: Event Organisation, Business Management & Consultancy, Hong Kong, start-ups, Innotech

Book Fair heralds bumper summer

The HKTDC’s annual signature public event attracted 850,000 visitors, auguring well for the upcoming run of summer exhibitions.

02 August 2022

A strong showing at the 32nd HKTDC Hong Kong Book Fair in July has cheered organisers, who now expect good attendances and robust business at its string of summer shows, led by the ever-popular Food Expo.More

Topics: Food & Beverages, Jewellery, Hong Kong, jewellery, food

Book Fair and other events

Three events brought together reading, recreation and snacking to draw a strong interest from the public during the summer break.

26 July 2022

As Hong Kong gradually eases restrictions following the fifth wave of the COVID-19 pandemic in the city, large-scale public events are making a comeback. The HKTDC Hong Kong Book Fair. which in previous years drew as many as a million visitors, marked the largest such event held in the city so far this year.More

Topics: Books & Printed Items, Food & Beverages, Hong Kong, Bookshop, local food

Inflation impacts on GBA firms

Businesses in the region are beginning to feel the effect of raw material and energy price increases.

19 July 2022

The inflation currently sweeping across the globe is relatively muted in Hong Kong and Mainland China, but cost rises for raw materials energy are starting to have an impact on industries in the export-focused Guangdong-Hong Kong-Macao Greater Bay Area (GBA).More

Topics: Business Management & Consultancy, Hong Kong, Mainland China, GBA, trade

HK and Canada boost healthtech ties

The next Asia Summit on Global Health will feature cooperative projects between researchers from these two sophisticated economies.

12 July 2022

Healthtech is a rapidly growing field in both Hong Kong and Canada – two economies that already have strong links as a result of high levels of migration between the two.More

Topics: Medical & Healthcare Services, North America, Hong Kong, health, ASGH

EXHIBITION+ keeps businesses connected

As the hybrid physical-online trade fair mode rapidly becomes a global standard, the HKTDC has rolled out a comprehensive digital platform.

05 July 2022

International trade fairs and sourcing modes have seen dramatic changes in the wake of the COVID-19 pandemic, leading the organisers of many physical exhibitions and seminars to transition to a digitised or hybrid path.More

Topics: Event Organisation, Hong Kong, trade

Robots tackle herculean task

An HKUST innovation programme is tapping into a growing market for autonomous vehicles.

28 June 2022

Anyone who has programmed a computer and driven a car knows that developing a self-driving vehicle would require a herculean effort – hence the name of Hong Kong’s first self-driving vehicle.More

Topics: Auto Parts, Hong Kong, automation, AI

Entrepreneurs shine at Start-up Express

A diverse range of Hong Kong innovators presented solutions for art, finance, health, green tech and other sectors in the recent Pitching Final.

21 June 2022

The information technology revolution continues to transform our lives, and IT is now at the heart of every area of business. Underlining this trend, the entrepreneurs making their pitches for one of Hong Kong’s leading start-up development programmes came from a very wide range of tech-focused sectors.More

Topics: Association & Government, Hong Kong, Accelerators, venture capital

Export outlook picks up

Hong Kong manufacturers are showing the most optimism for the Japan market and the toy sector.

15 June 2022

The outlook among Hong Kong exporters saw a marked improvement in the second quarter of 2022 as a receding COVID-19 pandemic helped to revive freight flows and manufacturing activity.More

Topics: Association & Government, Hong Kong, Japan, trade

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