This event was funded by the Youth Public Welfare Fund of the Bay Area Common Home and received support from the Home Affairs and Youth Bureau of the Government and the Youth Work Department of the Liaison Office of the Central Government in Hong Kong. The delegation included nearly 100 Hong Kong young people aged between 18 and 32, who went to Zhuhai to investigate the entrepreneurial development of Hong Kong young people in the local area.
The leader of the delegation was Mr. Jiang Zhengben. Deputy Minister Guo Changyong of the Kowloon Work Department of the Liaison Office, Commissioner Yu Kin-keung of the Yau Tsim Mong District Office, President Yang Zixi of the Yau Tsim Mong Community Association, and Chairman Xie Haifa of the Hong Kong Young Entrepreneurs Association were invited to serve as honorary leaders, which increased the influence and image of the event.
During the visit to Zhuhai, the delegation visited several companies to understand the entrepreneurial development of Hong Kong young people in Zhuhai. They visited Zhuhai Yunzhou Intelligent Technology, Zhuhai Jinshan Office Software, the Hong Kong Macau Youth Entrepreneurship Park, Tongcheng Biotechnology, and the Dahua Hong Kong Macau Youth Innovation and Entrepreneurship Service Center. These enterprises represent different industries and demonstrate the support and development potential of Zhuhai for young entrepreneurs.
In addition to visiting companies, the delegation also participated in the "Government Seminar on Employment and Entrepreneurship of Hong Kong People" and the "Sharing Seminar on Employment and Entrepreneurship Experience of Hong Kong People". These activities provided opportunities for Hong Kong young people to communicate with Hong Kong entrepreneurs, professionals, and working professionals, allowing them to gain a deeper understanding of the employment and entrepreneurial environment in Zhuhai, as well as the talent subsidies and incentives provided by the relevant government department. It also gave them a clearer understanding of the development prospects of Zhuhai.
This study tour provided a valuable opportunity for Hong Kong young people to get close to and understand the entrepreneurial environment and development potential of Zhuhai. At the same time, the event received support from the government and various sectors, reflecting the care and importance attached to Hong Kong young people. It is believed that this study tour will have a positive impact on the personal development and career planning of Hong Kong young people.
The success of the event is also thanks to the funding from the Youth Public Welfare Fund of the Bay Area Common Home, which will provide similar opportunities for more young people and further promote exchanges and cooperation between Hong Kong and Zhuhai, thereby promoting economic development and integration between the two regions. In the future, it is believed that more young people will be willing to embark on the path of entrepreneurship and make more contributions to the development of Hong Kong and Zhuhai.
Hong Kong's Web3 industry has been developing at a rapid pace. Cyberport, as a wholly-owned enterprise of the Hong Kong government and a policy enforcer, has been instrumental in promoting the development of the Web3 ecosystem in Hong Kong. Since the announcement of Hong Kong's Virtual Asset Development Declaration in October last year, the industry has grown rapidly.
More than 70% of the surveyed enterprises had suffered from cyber security attacks in the past year, which is a record high. Phishing attacks are the most common type of cyber security attack encountered by almost all affected enterprises. Financial Services (64.9 points) and Information and Communications Technology (63.3 points) sectors continue to be ranked in the "Manageable" category.
Standard Chartered Hong Kong and Giesecke+Devrient have recently completed trials for the HKMA's Digital Hong Kong Dollar Pilot Program. These tests and experiential activities covered a range of application scenarios, including public transportation, restaurants, small businesses and university campuses.
The Hong Kong Ballet announced today (16th) that its computer network system has been hacked by ransomware, resulting in unauthorized access to its internal computer system. HKB has immediately conducted an internal investigation, hired a network security expert to assess the situation, and reported to the police and the Office of the Privacy Commissioner for Personal Data.
Cyberport was hacked in mid-August, involving the theft of up to 400GB of staff data. According to the hacker's latest website, the information has been "leaked" and can be downloaded for free from the dark web. A computer security researcher criticized the Cyberport for its poor security awareness.
Cyberport is suspected to have lost more than 400 gigabytes (GB) of personal data to a hacker group that claimed today (December 12) that the data had been "leaked" Cyberport claims that it has contacted the potentially affected persons directly and will provide them with free identity monitoring services.
Cyberport is suspected to have lost more than 400 gigabytes of personal data to a hacking group last month. The data included personal names and contact details, information on employees, former employees and job applicants, and a small amount of credit card information. Cyberport said it had contacted the potentially affected individuals directly and would provide them with free identity monitoring services by professional security consultants.
Falcon Feedsio, a cyber security platform, posted on social media that Cyberport Hong Kong had been hacked. Hackers had stolen up to 400GB of personal data of Cyberport's start-up staff, including proof of identity documents. The hackers are now demanding US$300,000, equivalent to HK$2.35 million, for the information. The Office of the Privacy Commissioner for Personal Data said today (7) that it had received notification of the data leakage incident on August 18.
Hong Kong will allow individual retail investors to trade cryptocurrencies, including Bitcoin and Ethereum, starting from June. This move signifies an important step by the Hong Kong government towards opening up cryptocurrency trading and embracing innovation in the Web3 space. Additionally, the Hong Kong Monetary Authority has launched a pilot program for a digital Hong Kong dollar. While the underlying technology of virtual assets can address the issue of trustless automated transactions, the risks associated with them cannot be ignored, making them unsuitable as widely used payment tools or for expanding financial inclusion. Therefore, the 'digital Hong Kong dollar', backed by strong endorsement, has now garnered public attention as it will serve as a backbone linking fiat currency and virtual assets, providing necessary digital financial infrastructure for the development of Hong Kong's Web3 ecosystem and digital economy.
The Hong Kong Monetary Authority (HKMA) has launched a pilot plan for the digital Hong Kong dollar, and Standard Chartered Bank has become one of the participating banks. Due to geographical limitations, many loyalty reward programs currently face technical, regulatory, and tax complexities in cross-border transactions. Lin Yuandong, the Chief Executive Officer of Standard Chartered Greater Bay Area, stated that the central bank's digital currency (CBDC) would have significant importance in creating seamless and innovative cross-border digital economic capabilities within the Guangdong-Hong Kong-Macao Greater Bay Area.
Charles Li, the former Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX), has passed away at the age of 76. He made significant contributions to the development of Hong Kong's financial and securities industry. Zhang Huafeng, former member of the Legislative Council representing the financial services sector, expressed that his death is a loss to Hong Kong's financial industry and expressed eternal remembrance for him.
The Hong Kong Animal Adoption Association (HKAAA) will be organizing the "HKAAA@Cyberport Mall: Celebrate Summer with Dogs" event on July 22. The event will include pet adoption, pet training, and handicraft workshops, among other activities. Whether or not you have a pet, everyone is welcome to participate and enjoy the event with their family. The event provides an opportunity to find a furry family member.
Report shows number of start-ups in Hong Kong will increase from 3,985 in 2022 to 7,000 in 2032. There is a gap of 35,000 between this number and the 100,000 expected in the blueprint for Hong Kong's innovation and technology development. Report suggests that top scientists from all over the world should be invited to Hong Kong through international conferences.
A 35-year-old doctor of the Chinese Academy of Sciences in China quit his job and invested 5 million yuan to start his own business to open a B&B in Qingdao. Opened in August, the average price of the bed and breakfast has reached 2,500 yuan a night. The door is the sea, you can lie directly in the room to watch the sunrise.
The Labour Department (LD) organized a welcome ceremony for the "Greater Bay Area Youth Employment Scheme" at the Guangdong-Hong Kong-Macao Greater Bay Area (Guangdong) Innovation and Entrepreneurship Incubation Base in Guangzhou. As at last week, the LD had received more than 2,000 job vacancies from 220 enterprises.
During the epidemic, five IVE Higher Diploma in Games and Animation graduates each contributed about $5,000 and raised more than $20,000 to set up an IT solutions start-up company. The company's cumulative turnover has reached nearly $1 million over the past three years, and its clients cover a wide range of industries.
Sir Run Run Shaw was born in 1923 and grew up during turbulent times. He dedicated his youth to entrepreneurship and became the president of the Hong Kong Chinese Manufacturers' Association. He was actively involved in politics, sports, and education. During the war years, he generously funded national operations, and his ventures in real estate made him a pioneer in the field. He was also among the first businessmen to embrace China's reform and opening-up policy. With his selfless patriotism, Sir Run Run Shaw made significant contributions to China's development. He worked tirelessly to contribute to every brick and every tile laid in building China and propelled the country towards greater heights.
Yang Guomin, a programmer born in the 1990s, decided to return to his hometown in Inner Mongolia to start a business due to the challenges caused by social anxiety disorder in his work. He began selling organic sheep manure fertilizer, as modern young people value a good quality of life and enjoy gardening and flower cultivation. Yang Guomin launched small packaging of sheep manure fertilizer, which attracted the attention of nearly 190,000 people. His business is able to sell 300 tons of fertilizer each month, and now, those who had previously mocked him have come back to collaborate with him.
In recent years, there has been an emergence of new art spaces and entrepreneurial shops in the old town area of Foshan, attracting a wave of young entrepreneurs and artists. These individuals choose to establish their own spaces in the old streets for several reasons. Firstly, the old town area boasts a long history and unique cultural atmosphere, providing inspiration and creativity for these young artists. Secondly, the surrounding environment and architectural style of the old town area exude a nostalgic and vintage charm, attracting many young people to stroll around and settle down. Additionally, the old town area of Foshan also attracts a large flow of people, providing business opportunities and sales potential for entrepreneurs. Overall, establishing one's own space in the old streets of the old town area is an attractive choice for young artists.
The City University of Hong Kong's "HK Tech 300" program has received continued support from venture capital funds. It has signed a memorandum of understanding with six mainland Chinese venture capital funds, including Lenovo Capital. This collaboration will establish a joint investment partnership of up to 1 billion RMB (equivalent to 1.094 billion HKD) to jointly promote the development of innovative technology.
Zhang Yu Shan announced her romantic relationship with Lu Qi Xian publicly today (29/07). She was formerly the chairperson of Xiu Shen Tang, and after transferring the company earlier, there have been rumors that her net worth has reached 300 million yuan, making her a wealthy woman in the city. In the 2021 show "Friends and Buddies," she shared her entrepreneurial journey, starting from being a product agent and eventually becoming the chairperson of a publicly listed company. However, what caught people's attention the most was her rare mention of the story of her deceased ex-boyfriend, Xiang Hua Sheng, which piqued the interest of the audience.
The 12th Sixth Plenary Session of the Guangzhou Municipal Committee of the Communist Party of China emphasized that anchoring high-quality development is the primary task and promoting a "second entrepreneurship" is the way forward. The Yangcheng Evening News has launched a special feature called "Second Entrepreneurship: Setting Sail in Guangzhou - Exploring Challenges to Promote Development through In-depth Research." The aim is to explore the key factors for Guangzhou's high-quality development. Journalists will go deep into the frontlines, capturing the essence of the "second entrepreneurship" in Guangzhou through text and visuals. This initiative aims to sound the horn for Guangzhou to embark on a new path, achieve remarkable results, and inject fresh vitality into its development.
DAISO is a retail chain known for its low-priced yet good-quality products. It has numerous branches, including the popular DAISO $12 stores where every item is priced at HKD 12. However, the history of DAISO's development and the entrepreneurial journey of its founder, Hirotake Yano, may not be well known among Hong Kong people. Before starting DAISO, Yano was a bankrupt fisherman with a debt of 7 million Japanese yen. Nevertheless, he successfully transformed himself into an international business owner and established DAISO. This is a legendary story.
On August 16, 2023, the "2023 Bay Creation Camp – Youth Entrepreneurship Exchange Event in the Greater Bay Area" was officially launched in Nansha, Guangzhou. 35 young people from Hong Kong, Macau, and the mainland who have the intention to start their own businesses gathered together for a four-day, three-night training camp. They will visit well-known technology innovation companies, receive entrepreneurship-themed training, and receive one-on-one project incubation guidance from professional mentors. This event aims to promote communication and collaboration among young entrepreneurs in the Greater Bay Area of Guangdong, Hong Kong, and Macau.