Foreign firms debut in HK to access mainland market
A number of foreign companies have made their debut at the annual Hong Kong Fintech Week and StartmeupHK that commenced on Monday, hoping to use the SAR as a springboard to tap into the mainland market. They include a Canadian company that produces renewable fuels. Jag Singh from SBI BioEnergy noted that his firm can contribute to the SAR’s green aviation development, and hopes to also explore…
At the annual Hong Kong Fintech Week and StartmeupHK, which kicked off on Monday, several foreign firms made their debut with the goal of leveraging Hong Kong as a launching pad to access the mainland market. Canadian renewable fuel producer SBI BioEnergy, led by Jag Singh, highlighted the company's potential to contribute to the SAR's green aviation initiatives and to explore mainland opportunities.
Singh explained that the company's modular technology, encompassing hydrogen production and conversion systems, offers global applicability. He emphasized the importance of IP protection and protection of patented processes, viewing Hong Kong as an ideal gateway to the wider Asia and China region. Canadian firm Deep Sky, specializing in carbon removal, also participated in the event, noting the abundance of energy infrastructure developers, financiers, and trading firms present.
MoneyStation, a Korean firm focused on AI-powered investment intelligence, chose Hong Kong as its first overseas destination, citing the city's role as a pioneer in adopting new financial models and its potential for strategic partnerships.
Written by urgent.news from RTHK English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
