Hong Kong is “ahead of the game” for insurance compared to other Asian centres with a very substantial market, says Denis Duverne of AXA Group. Speaking beside the Asian Financial Forum 2019 (AFF) he says the “new economy” with its digital applications is a fantastic opportunity to introduce new Asia-focused insurance models, while Hong Kong – AXA’s regional centre – may be leveraged for Guangdong-Hong Kong-Macao Greater Bay Area insurance needs.
Financial technology (Fintech) marketplace entrepreneur Soul Htite has moved to Hong Kong aiming to further develop his online financial architecture with his popular online site Dianrong. Speaking beside the Asian Financial Forum 2019 (AFF) he says Hong Kong is at the centre of a huge potential area for developing Fintech opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area.
Soul Htite, Fintech Entrepreneur, Chairman and Founder of Dianrong, Advisor of FinEX Asia
Hong Kong is the financial centre and meeting point on ideas for mainland China-based online technology company XAG, said Co-Founder Justin Gong. Speaking beside the Asian Financial Forum 2019 (AFF) he said so-called “invisible” market entrepreneurs had great opportunities to become understandable and acceptable by attending the AFF.
Justin Gong, Co-Founder & Vice President, XAG
Hong Kong Trade Development Council
A globally acknowledged authority on the “sharing economy” phenomenon, April Rinne says the Guangdong-Hong Kong-Macao Greater Bay Area offers enormous potential to leverage a new “sharing city” concept. Speaking beside the Asian Financial Forum 2019 (AFF) she says the concept ranges from infrastructure development to healthcare and education, with Hong Kong providing a recipe of city density for the sharing economy to thrive.
April Rinne, Founder, Advisor & Investor, April Worldwide
Hong Kong’s importance in the life insurance and commercial insurance businesses in the “New Economy” were underlined by Michel Liès, Chairman of Zurich Insurance Group. Speaking beside the Asian Financial Forum (AFF), he said the Belt and Road Initiative and Greater Bay Area were major opportunities for the insurance industry – including Zurich Insurance – and Hong Kong displayed energy and talent in the evolving economic landscape.
Michel M Liès, Chairman of the Board of Directors, Zurich Insurance Group Ltd
Hong Kong has many financial technology (FinTech) and other start-up companies that are “truly world class”, said Jonathan Medved, founder of OurCrowd Ltd, speaking beside the Asian Financial Forum 2019 (AFF). His company has reviewed start-ups at AFF’s Deal Flow feature devoted to investment. Mr Medved said relatively low-cost funding is available through online crowd funding for start-up companies and AFF is the “big show” for finance in Asia.
Jonathan Medved, Founder and CEO, OurCrowd Ltd
There are special advantages for Hong Kong in the Guangdong-Hong Kong-Macao Greater Bay Area cities, including financial and logistical connectivity, said Raymund Chao, Chairman Asia Pacific and Greater China for PwC. Speaking beside the Asian Financial Forum 2019 (AFF) he said Hong Kong is “the medium of exchange” and “a living lab” connecting the Greater Bay Area cities as well as linking up with China’s Belt and Road Initiative.
Raymund Chao, Chairman, Asia Pacific and Greater China, PwC
Franchising Business can grow with no limits, said Andrey Berezenkov, representative of Russian based VR gaming company ANVIO at the HKTDC International Franchising Show. Also attending the event were more than 130 exhibitors from 13 countries and regions, seeking for partners to expand their business. "Hong Kong is a good place for networking," added Clement Mathias, representing the Indonesian brand Kedai Kopi Kulo. "It's a good place to franchise my brand and look for new brands to franchise to Indonesia."
The SmartBiz Expo 2018 presented participants with innovative ideas and business solutions under areas of Industry 4.0, smart city development and e-commerce. The expo attracted more than 520 exhibitors from 40 countries, offering buyers and exhibitors a great opportunity to network and partner with a variety of regional companies.
Winnie Chiu, Business Group Lead, Cloud and Enterprise, Microsoft Corporation Hong Kong Ltd.
Harris Sun, Founder and CEO, RaSpact
Joanne Yiu, Design and Marketing Executive, Dodoca Information Technology Ltd.