Hong Kong Trade Development Council Highlights Significant Opportunities in Central Asian Markets

Stock News
06/30

Hong Kong Trade Development Council (HKTDC) Chairman, Ma Si-hang, stated that Hong Kong and Shenzhen form an "ideal partnership." Hong Kong possesses advantages in legal systems, foreign exchange, financial services, and mediation, while Shenzhen boasts a thriving innovation and technology sector and a vast market. The complementary strengths of the two regions can play a unique and significant role.

Chief Executive John Lee led a delegation on visits to Kazakhstan and Uzbekistan earlier. Ma Si-hang, who was part of the delegation, described the trip as "exceptionally successful," aiding Hong Kong in exploring new markets. He personally observed the new developments in these regions and believes the potential of Central Asian markets will present significant opportunities for Hong Kong.

Ma Si-hang mentioned that a Kazakh railway company is set to list in Hong Kong within the year, and many resource companies have also expressed interest in following suit. During the trip, a major Hong Kong enterprise was invited by a Kazakh company to discuss opening a hotel locally. He noted that Uzbekistan's economy is highly dynamic.

He also previewed that the HKTDC will announce a new strategic plan for its office network in July. The council will actively collaborate with other organizations to promote Hong Kong. Companies interested in coming to Hong Kong can seek further assistance from the Office for Attracting Strategic Enterprises or Invest Hong Kong.

Ma Si-hang indicated that the HKTDC is actively supporting the formulation of the national "15th Five-Year Plan" and the Hong Kong government's first five-year plan. It has already organized over ten seminars, inviting mainland ministries to brief Hong Kong businesses on how to participate in related initiatives.

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