Don’t wait for clearance. BUD Fund for e-Commerce.

E-Commerce can cross the border

The Chief Execute-elect John Lee said, the re-opening of mainland border is the first priority job of his term. However, it is clearly not pragmatic to wait for the re-opening at this moment. “Zero-COVID policy” are only in several countries and regions in the world. Even isolated North Korea reported thousands of cases recently. Scientists … Read more

Use Govt Subsidy to capture Economic rebound

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On 7th April, 2022, the HKSAR Government released the second Consumption Voucher to the citizens by the same electronic payment platform, which are Octopus, Alipay, Wechat Pay and Tag & Go. It is anticipated that the social distance measures will be relieved after the expiration on 20th April. Variety of suspended businesses such as beauty, … Read more

Webinar: we-media in China

Webinar

“We-media” is the influencing mass message brought from amateur content creator via the network. For example, real time live sale, commentary videos etc. This type of information source by amateur is very popular in mainland China. The rise of TikTok, KuaiShou etc accelerates the we-media growth. Due to the huge population of China, there are … Read more

ESS finished and layoff coming

Poor business

Under the Anti-epidemic Fund of the HKSAR Government, the Employment Support Scheme (ESS) had two phrases, June to August and September to November this year. Companies accepting the ESS subsidy cannot cut jobs during the period. Therefore some enterprises such as Cathay Pacific didn’t apply for the second phrase. The ESS completed on 30th Nov … Read more

BUD case study: from material supply to brand

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I had a gathering with an old client and talked about business. My friend is a gemstone businessman, his major business is jewelry design and material supply. He has been in the industry for more than 3 decades, witnessed the open policy of China and global economic change. Gemstone supply is a steadily periodic industry … Read more

Hong Kong is no longer a business-friendly place

Hong Kong problem

George Leung Siu-kay, the CEO of the Hong Kong General Chamber of Commerce (HKGCC), expressed in “Letter to Hong Kong“, a RTHK programme, that Hong Kong is no longer a business-friendly place. The social gathering ban has frozen small businesses. Though subsidy and compensation is helpful, the most important is to control the virus spread. … Read more

Logistic experts invest on freight marketplace

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When we talk about innovative technology, usually it is about young people. But this time the story is about Jimmy Chow, a logistic expert in the industry more than 40 years. Jimmy worked in many international logistic companies, and witnessed how Hong Kong participants rely on labours still. Staff has to call the clients to … Read more

BUD Mainland – Support HK lawyers to practice in Greater Bay Area

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In the 21st meeting, the Standing Committee of the 13th National People’s Congress decided to authorize the State Council to execute a pilot programme in the nine Greater Bay Area (GBA) mainland cities (Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, and Zhaoqing). The programme allows Hong Kong and Macau lawyers to practice in specific … Read more

How the US sanction affects HK businesses to enter BUD markets

US sanction

Yesterday (2020/08/07), the US Treasury announced to impose sanctions on China and Hong Kong 11 officials who harm Hong Kong autonomy and human rights.These major officers include the Chief Executive Carrie Lam, the Secretary of Justice Teresa Cheng, the Commissioner of Police PK Tang etc. All Americans and American companies cannot deal with the sanctioned … Read more