Hong Kong Association of Southern California April 2016

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Hong Kong Association of Southern California April 2016 HONG KONG NEWS InvestHK assists 375 companies in another record year A total of 375 companies from 36 economies set up

Invest Hong Kong (InvestHK) assisted 375 overseas and mainland China companies to set up or expand in Hong Kong in 2015.

Simon Galpin said 2015 was another record year for InvestHK in terms of the number of companies assisted.

opportunities, he said. The 375 companies came from 36 economies. The Mainland continued to lead with a total of 78 companies, followed by the U.S. with 49, the U.K.

The companies are a bank representative office and a food-and-beverage trading and manufacturing group, respectively.

nine in 2014). InvestHK also assisted 69 startups, which represented 18.4% of the companies helped in 2015. They were mainly from France, the U.S. and the U.K. (10 from each).

1 Hong Kong Association of Southern California April 2016 HONG KONG NEWS InvestHK assists 375 companies in another record year A total of 375 companies from 36 economies set up or expanded in Hong Kong in 2015, with assistance from Invest Hong Kong. Invest Hong Kong (InvestHK) assisted 375 overseas and mainland China companies to set up or expand in Hong Kong in This number represents an all-time high and a year-on-year increase of 5.6%. InvestHK Director-General of Investment Promotion Dr. Simon Galpin said 2015 was another record year for InvestHK in terms of the number of companies assisted. Despite ongoing challenges in the global economy, Hong Kong continues to attract overseas and Mainland investors because of its enduring advantages and emerging business opportunities, he said. The 375 companies came from 36 economies. The Mainland continued to lead with a total of 78 companies, followed by the U.S. with 49, the U.K. (36), Japan (31) and France (20). For the first time, InvestHK helped companies from Latvia and Seychelles set up in Hong Kong. The companies are a bank representative office and a food-and-beverage trading and manufacturing group, respectively. In terms of emerging subsectors, the department assisted a growing number of companies in the Internet of Things and financial technology industries (19 in 2015 compared with nine in 2014). InvestHK also assisted 69 startups, which represented 18.4% of the companies helped in They were mainly from France, the U.S. and the U.K. (10 from each). The department will continue to promote Hong Kong as one of the fastest growing startup ecosystems in the world. HKIA named Airport of the Year H ong Kong International Airport (HKIA) was once again recognized by Air Transport World as the Airport of the Year for its excellent partnership with airline customers, environmentally friendly operational practices, innovative passenger services and strong working relationships with local authorities, allowing the airport to deliver excellence and drive Hong Kong s economic growth. Source from Hong Kong Economic & Trade Office

2 PAST EVENTS February 20, th Chinese New Year Gala Hong Kong Association of Southern California hosted its 24th Annual Chinese New Year Gala celebrating the year of the monkey on February 20, 2016 at the Hilton Los Angeles / Universal City. Dignitaries, friends, and the local community came together for an evening of fun including amazing raffle prizes, silent auction bidding, live auction for a business class ticket, magical entertainment, enchanting dance performances, and great food! 2

Upcoming Trade Fairs in Hong Kong For more

Conferences in Hong Kong, Content provided by

would like to attend any of the Hong Kong

Many of the shows/conferences offer travel

3 Upcoming Trade Fairs in Hong Kong For more information about HKTDC Exhibitions and Conferences in Hong Kong, Content provided by : Hong Kong Trade Development Council If you would like to attend any of the Hong Kong Trade Development Council events above, please to HKTDC at los.angeles.office@hktdc.org or call (213) Many of the shows/conferences offer travel incentive or complimentary registration for first time visitors to the event. 3

4 NEW MEMBERS Corporate Members (January, February, March) David Macdonald Boston Private Bank Boston Private is a leading Wealth Management and Private Banking company with a national presence. Headquartered in Boston, we serve Commercial Banking and Private Banking clients from 34 offices in major markets in Massachusetts, California, Florida, Wisconsin, Georgia and Texas. Our organization is built on a commitment to developing deep, personal relationships with each client. It s in our DNA. At Boston Private, we know that a trusted relationship is essential to delivering expert advice and custom solutions that help our clients achieve their unique financial goals. Dayton Ong Wing Hop Fung Inc. Established in 1985, Wing Hop Fung is the premier and trusted retailer of Chinese herbs, teas, ginseng, Asian delicacies, housewares, and fine wine and spirits. Born from generations of herbal and tea wisdom, Wing Hop Fung means Together Forever Prosper. A shopping mecca unlike any other, Wing Hop Fung aims to establish a unique experience for everyone. Come in and explore, your journey awaits... Individual Members Christopher Alan Heim The Heim Law Firm Alex Zili Hu Torrey Pines Bank Daniel Lu Daniel Lu CPA Mauricio Monroy Mink Global Chen Ni Transamerica Finance Advisor 4

provided Limited Seating** RSVP at (213) 622-09446 or info@hkasc.org Wing Hop Fung HKASC Shopping Event May 5, 2016 (Thursday) 6:00-8:00 pm Wing Hop Fung Westfield Santa Anita 400 S. Baldwin Ave.

5 UPCOMING EVENTS Entrepreneurship vs. Corporate World: Which Career Path is Right for You? April 26, 2016 (Tuesday) 5:30-7:00pm Program Garden Suite Hotel 681 South Western Avenue Los Angeles, CA Admissions: Free for Members and Students with RSVP **Free Parking Refreshments will be provided Limited Seating** RSVP at (213) or Wing Hop Fung HKASC Shopping Event May 5, 2016 (Thursday) 6:00-8:00 pm Wing Hop Fung Westfield Santa Anita 400 S. Baldwin Ave., #2185 (The Promenade) Arcadia, CA Members: Complimentary with RSVP Non members: $10 RSVP at (213) or Board of Directors OFFICERS President Danton Mak Leech Tishman Fuscaldo & Lampl LLP Immediate Past President/ Executive Dennis Lee Dennis Lee & Associates Executive Raymond Cheng Cedars-Sinai Medical Center Grace Chew Magna Wealth Management LLC Christopher Leu Merrill Lynch Ernie So Fond Express Logistics Inc. Secretary Stella Poon Hong Kong Trade Development Council Treasurer Wilson Tang Cathay Bank DIRECTORS Dickson Chan Lee Kum Kee (USA) Inc. Thomas T. Chan Fox Rothschild LLP Daniel D. Fong Million Dollar Baby Tami Garcia Walt Disney Parks and Resorts Teresa Huang CIT Commercial Services Eric Fisch HSBC Bank USA, N.A. Judy Mak Star East Travel & Tour Inc Mike Margolis Blank Rome LLP Alpna Mathews Cathay Pacific Airways Limited Simon Saeheng New Century Insurance Services Perry Wong Milken Insititute Ex-Officio Subrina Chow Hong Kong Economic & Trade Office, San Francisco Kwok Yin Cheng East West Bank Chester Chong Superspeed Transportation Inc. Bill Flora Hong Kong Tourism Board Hong Kong Association of Southern California Secretariat Office 350 S. Figueroa Street, Suite 139 Los Angeles, CA Tel: (213) Fax: (213) Website: Join Us On 5

SAVE THE DATE. Hong Kong Association of Southern California July 2015 CLICK HERE FOR MORE INFO REGISTER HERE

SAVE THE DATE. Hong Kong Association of Southern California July 2015 CLICK HERE FOR MORE INFO REGISTER HERE Hong Kong Association of Southern California July 2015 Hong Kong International Airport Reports Steady Traffic Growth in First Half of 2015 SAVE THE DATE Hong Kong International Airport (HKIA) recorded