Hong Kong beckons for M’sian SMEs

Lee says Hong Kong’s year-round trade events further strengthen its position as an Asian business hub and trade fair capital.

HONG Kong Trade Development Council (HKTDC) hosted a business seminar luncheon at Mandarin Oriental Kuala Lumpur to highlight the various opportunities that Malaysian enterprises would encounter at its year-round trade events.

HKTDC organises more than 30 international exhibitions annually in Hong Kong while 11 of them form the largest marketplaces of its kind in Asia which includes jewellery, gifts, watches and clocks, electronics and lightings.

HKTDC senior exhibitions manager Byron Lee said Hong Kong’s year-round trade events have further strengthened its position as an Asian business hub and trade fair capital, offering an effective platform for Malaysian buyers and suppliers to engage and develop business partnerships in the region.

“The fairs attracted more than 39,000 exhibitors from over 90 countries and regions last year alone, with some 740,000 buyers from over 200 countries and regions, affirming the city’s reputation as Asia’s trade fair capital.

“Out of the number, 800 exhibitors and over 32,000 buyers from Asean region participated in the fairs,” he shared.

He emphasised that Malaysian corporations, especially small- and medium enterprises (SMEs), are encouraged to capitalise on the exhibiting and sourcing opportunities from the trade events.

The fairs offer one-stop marketing and sourcing platforms for Malaysian traders to enhance services to facilitate buyers’ sourcing through HKTDC Marketplace App which features the e-Badge initiative, HKTDC product magazines and supplements, HKTDC Online Marketplace (hktdc.com) and hktdc.com Small Orders.

To encourage the use of online-to-offline promotion among suppliers, the sourcing function of the fairs’ websites has been enhanced with the latest Exhibition Online platform.

This feature allows suppliers to connect with buyers globally at any time while buyers can source industry-specific products conveniently, in addition to getting fair updates and latest sourcing information.

Major trade commodities between the two regions include telecommunications equipment and parts, semi-conductors, electronic valves and tubes, electrical apparatus for electrical circuits as well as parts and accessories of office machines and computers.

Lee also pointed out that Hong Kong and Asean have signed a Free Trade Agreement (FTA) and a related Investment Agreement in November 2017, further enhancing and strengthening the trade and investment flow between Hong Kong and Asean, which will definitely boost economic and trade activities between the city and Malaysia.

The upcoming fairs include HKTDC Hong Kong Electronic Fair (Spring Edition), HKTDC Hong Kong Houseware Fair and HKTDC Hong Kong Gifts and Premium Fair in April while August features the HKTDC Food Expo.

HKTDC Hong Kong Toys and Games Fair together with HKTDC Baby Products Fair will be held in January 2019 while HKTDC Hong Kong International Diamond, Gem and Pearl Show along with HKTDC Hong Kong International Jewellery Show will be held in February 2019.

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