HKETO Newsroom

February 7, 2023

HKETO Director joins webinar to promote ICT opportunities in Hong Kong

Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, joined the "Window of Opportunity in the ICT Sector in Hong Kong for Canadian Companies” webinar co-hosted by the HKETO, Hong Kong Trade Development Council (Toronto), Invest Hong Kong (Canada) (IHK) and Hong Kong-Canada Business Association (Toronto Section) on February 7.

This webinar aimed to update Canadian companies on the Information and Communications Technology (ICT) sector in Hong Kong, and to provide an opportunity for them to explore partnership opportunities in Asia through Hong Kong.

In delivering opening remarks at the webinar, Ms Mo noted Hong Kong has removed all restrictions for travelling and resumed the travelling to and from Mainland China. “We are back in the business of creating business opportunity for companies and talents from around the world,” Ms Mo said.

Hong Kong is a major international financial centre and the world’s largest offshore Renminbi business hub. The number of startups in Hong Kong has soared from about 1,000 in 2014 to some 4,000 last year, and over the same period the city has raised 10 unicorns. “Hong Kong was ranked second in the 2022 World Digital Competitiveness Ranking’s ‘technology’ factor,” Ms Mo added.

Ms Mo highlighted that venture capital investment in Hong Kong surged from US$ 150 million in 2014 to US$ 5.3 billion in 2021 and the city is also the world’s leading fundraising hub for biotechnology companies.

Besides capital, talent is crucial in driving innovation and technology. “Hong Kong has recently set up the Office for Attracting Strategic Enterprises and the Hong Kong Talent Engage website. We aim to attract top-notch innovation and technology talents to bring with them their businesses or research and development outcomes to Hong Kong, and we are targeting companies and individuals from fields as life and health technology, artificial intelligence and data science, financial technology, advanced manufacturing and new-energy technology,” Ms Mo continued.

Noting Hong Kong works with the mainland of China and global partners to harness the power of innovation and technology, Ms Mo invited Canadian companies to tap on the abundant opportunities in the East. Following Ms Mo’s remarks, Head of Business and Talent Attraction Mr Christopher Chen, provided an overview of the innovation investment landscape in Hong Kong and the city’s strategic role as an ICT hub.

February 7, 2023






巫菀菁強調,香港的風險投資基金投資額由2014 年1.5億美元大幅增至2021年53億美元,香港同時是全球領先的生物科技公司集資中心。