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Hong Kong, Malaysia set for ‘deeper ties in semiconductor making, other sectors’

Hong Kong and Malaysia are poised to deepen economic ties across key sectors, such as semiconductor manufacturing, to unlock mutual growth opportunities, the head of the city’s Trade Development Council (TDC) has said. Council chairman Frederick Ma Si-hang made the comment on Monday as he joined Hong Kong’s biggest delegation to Malaysia to date under the city’s “Think Business, Think Hong Kong”…

Hong Kong, Malaysia set for ‘deeper ties in semiconductor making, other sectors’

Hong Kong and Malaysia are set to strengthen economic ties in critical sectors like semiconductor manufacturing, according to Frederick Ma Si-hang, head of Hong Kong's Trade Development Council (TDC). Ma made the announcement as he headed Hong Kong's largest delegation to Malaysia under the city's "Think Business, Think Hong Kong" campaign.

The delegation, comprising over 200 participants, will host a full-day conference in Kuala Lumpur, focusing on key sectors such as finance, innovation, technology, and healthcare. Ma emphasized the potential for Hong Kong to serve as a "superconnector" for Malaysian firms looking to access the mainland Chinese market, particularly the Greater Bay Area.

He further highlighted that Hong Kong's rich talent pool could support Malaysian enterprises, positioning the city as a dynamic business and innovation hub. Despite traditional markets in Europe and the United States, Ma stressed the importance of diversifying into new markets, including Southeast Asia, to leverage Hong Kong's favorable business environment and robust legal system amidst geopolitical tensions.

Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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