Access to Markets
A diverse hotspot of innovation and opportunity, Hong Kong offers Fintech companies a strong, sizable and resilient market that continues to thrive even during disruptions. With easy access to capital and a thriving IPO market, the city is a premier, proven launchpad for international companies hoping to develop in Mainland China and the ASEAN region, as well as Chinese Fintech companies hoping to go global.
Features
Resilient and Relentless Focus on Global Fintech Opportunities
- Well-positioned to lead Asia's global resurgence through Chinese and ASEAN connections.
- Consistently ranked among the GFCI's top 10 financial centres for over a decade.
- Maximum exposure to Asia's unbanked youthful consumers – projected to lead global consumption.
Proven, Premier Scale-Up Launchpad
- Asia's most competitive FS market and a doorstep to the world's largest, most-dynamic FS market.
- The world’s top IPO market seven of the last 13 years and an increasingly popular choice for Asia’s FinTech companies thanks in part to highly attractive listing rules designed for tech companies. Ranked sixth globally in terms of IPO fundraising volume.
- Diverse opportunities and access, for an ideal launchpad across Southeast Asia, Mainland China and North Asia.
Globally Trusted Fintech Lab at the Heart of Asia
- An established financial centre that helps global companies build trust and credibility.
- Most likely point of return for Chinese companies to be listed.
- HK businesses have the skills, knowledge and ability to navigate Mainland China and overseas markets.
Hong Kong offers Fintech companies an ideal launch pad for scaling operations: the Guangdong-Hong Kong-Macao Greater Bay Area. These fast-growing markets are flourishing gateways between Mainland China and overseas markets, making them a perfect platform for innovation and expansion, buoyed up by Hong Kong's skilled knowledge base for integrating financial expertise and technology.
For broader GBA information beyond Fintech, please visit https://gba.investhk.gov.hk/en.html.
Download pdf: To know more about GBA opportunities in financial services and fintech via Hong Kong
Features
Fast Growing Market
A fast growing market for Fintech companies to scale their expertise and know-how.
Gateway for Mainland Fintech Companies
A gateway for Mainland Fintech companies to go overseas, and for overseas companies to enter the Mainland China's market.
Platform for Integration
A platform for integrating professional financial knowledge and software technology
Test market
A test market for new products and services.
GBA Express is a new one-stop service platform to support technology companies to grow and expand business in the Greater Bay Area (GBA) by providing a wide range of services, including professional go-to-market support services, extensive theme-based activities and comprehensive landing programmes in Hong Kong.
GBA Guide
GBA Express guide book (GBA guide) is a business guide for technology companies exploring opportunities in Guangdong-Hong Kong-Macao Greater Bay Area (GBA). GBA guide helps technology startups both overseas and in Hong Kong better understand the business environment and capture the fast growing opportunities in GBA. The Guide includes the general information about GBA, the must-know knowledge of how to start business in China, introduction of HKSTP’s 16 local partner parks/institutions in 4 Guangzhou, Shenzhen, Dongguan and Zhuhai with their favorable policies and resources and HKSTP's services that would help their park companies landing and expanding their business in GBA.
Station 1: Setup your base in Hong Kong through partnership with HKSTP and InvestHK
- The Hong Kong Advantages
- Setup business in Hong Kong with the help of InvestHK
- Benefits to join HKSTP GBA Express
- R&D in Hong Kong
Station 2: Discover the advantage the GBA offers and find out “Where to Next” in the GBA after Hong Kong
- The GBA Advantages
- Unique attributes of each GBA cities
Station 3: Check out potential GBA Fintech Partners through the HKSTP connection
- Fintech Partners in the GBA (refer to page 70-71)
Station 4: Access a step-by-step guide to starting a business in the Chinese cities
- Company registration
- Tax
- Legal
- Intellectual property
- Talent recruitment
- R&D Support
GoGBA toolkit by HKTDC
Over the years, the HKTDC has been facilitating cooperation between Guangdong and Hong Kong. To support companies in doing business in the Greater Bay Area, HKTDC provides useful official information on regulations, procedures and networks with the GoGBA website and WeChat mini-programme, the latter also offering tools such as public health updates, map, transportation guide and a day counter for individual income tax purposes.
HKTDC GoGBA WeChat mini-programme
Besides easy access to capital and a thriving IPO market, Hong Kong offers Fintech entrepreneurs maximum exposure to Southeast Asia and Mainland China, home to the world's largest middle-class, tech-savvy, mobile-centric millennial populations, with highly favourable access under the Free Trade Agreement with the Association of Southeast Asian Nations.
Features
Trade in Goods
Zero or reduced tariffs for goods of Hong Kong origin
Investment Protection
Fair treatment and enhanced protection
Trade in Services
Fewer restrictions on Hong Kong Service Providers 1
Entry of Business Person
Hong Kong entrepreneurs may stay up to 90 days 2
Remarks
- Free Trade Agreement with Association of Southeast Asian Nations (ASEAN):
- https://www.tid.gov.hk/english/ita/fta/hkasean/text_agreement.html
- 1 as far as many sectors in individual economies are concerned
- 2 as far as individual economies are concerned
