Promoting intellectual property trading

Hong Kong will capitalize on the support of the National 14th Five-Year Plan in developing into a regional intellectual property (IP) trading center, said Chief Executive Carrie Lam at the opening session of the Business of Intellectual Property Asia Forum (Dec 2). The HKSAR Government will implement a series of initiatives to promote IP trading, including further promoting and developing the “original grant patent” system, exploring with the Mainland authorities on broadening the scope of application of the Patent Cooperation Treaty to cover the “original grant patent” system, and extending other major international IP treaties to Hong Kong. Hong Kong will also strengthen its IP system and industry talent, while boosting IP promotion and collaboration beyond Hong Kong.

Alphalite, Inc.

Alphalite, Inc., headquartered in Southern California, is committed to developing new technology to improve lighting efficiency, functionality, and quality. Through developments in LED lighting technology, the company delivers lighting that improves end user utility and helps businesses achieve improved performance. By pushing innovation beyond efficacy and price, Alphalite strives to harness the potential of LED technology and deliver human-centric lighting that improves life. As part of Ka Shui International Group, a publicly-traded company on the Hong Kong Stock Exchange, Alphalite delivers highly efficient and performance-optimized luminaires. The group has over 5 manufacturing facilities, exceeding 980,000 sq. ft, with over 5,400 employees. Expertise in engineering and manufacturing ensures seamless integration of design and production.

New Century Insurance and Services

We are a fast-growing, mid-sized independent insurance agency with a solid 28 years track record providing services in commercial and personalized lines. Our sphere of influence ranges from local business to multi-national conglomerates. At New Century, we have a team of 60 plus professional insurance agents to provide customize insurance services. We represent over 200 insurance carriers and have experienced specialists for Technology industry, Construction, Restaurants, Wholesalers & importers, Manufactures, Retailers, Medical industry and Entertainment industry. New Century also has a division, New Century International Advisors, established to advise national and international High Net Worth clients on wealth management and wealth transfer.

HUB International Limited

Claudia Lin, Senior Vice President at HUB International Insurance
Services, is dedicated to helping businesses and entrepreneurs
from Asia—and especially the Greater China region (Mainland
China, Hong Kong, Taiwan) — to establish a presence and succeed
in the US. She also serves outbound US companies in global
insurance programs and risk management throughout the world.
Claudia has served Chinese and Chinese-American businesses
over the last 24 years from platforms in the insurance, legal and
consulting industries. She is fluently bicultural as well as bilingual
(Mandarin Chinese).

International Financial Center


The Financial Secretary also set out a series of proposals to fortify the city’s competitiveness as an international financial center. Over the next five years, the Government will issue green bonds totaling US$8.5 billion (HK$66 billion). We will also continue to issue inflation-linked retail bonds and Silver Bonds, totaling at least US$1.6 billion (HK$13 billion). To encourage the development of private equity funds in Hong Kong, tax concessions for carried interest issued by private equity funds will be provided.

Economy/Special Relief Measures


Adopting an expansionary fiscal stance, Hong Kong’s Financial Secretary Paul Chan announced a wide range of measures on February 26, 2020 to stimulate the economy and to tackle the current economic challenges by making optimal use of the fiscal reserves in his 2020-21 Budget.


Hong Kong’s economy contracted by 1.2% in 2019, and the full-year growth for 2020 is forecast to be between -1.5% and 0.5%. In the medium term, Hong Kong’s economy will grow by an average of 2.8% per annum in real terms from 2021 to 2024.


The sound fiscal reserves of about US$141 billion (HK$1,100 billion) allow the Government to implement counter-cyclical measures to help support enterprises and smoothen livelihoods. These measures include a one-time cash payout of US$1,282 (HKS10,000) to Hong Kong permanent residents, concessionary low-interest loan for small and medium enterprises and reductions in salaries and profits tax.

Creditors Adjustment Bureau

CAB is one of the country’s premier collection agencies and law firms and has successfully represented thousands of companies throughout 64 years in business. CAB’s commitment is to bring exceptional recovery and service to clients through the strategic resources of its law firm and the professional collection expertise of their agency. CAB’s China division has an excellent track record in collecting debt for Chinese and Hong Kong companies here in the U.S. as well as in China and Hong Kong.

May 18, 2017 (Thursday) – 2017 Orange County World Trade Week Breakfast & Forum

· May 18, 2017 (Thursday) – 2017 Orange County World Trade Week Breakfast & Forum

When: May 18, 2017 (Thursday) 7:00 AM – 11:00 AM
Where: Irvine Marriott, 18000 Von Karman Ave, Irvine, CA 92612

Keynote Speaker: Barry Draskovich, Group VP of Program & Contract Management, Parker Aerospace
Topic: Chutes and Ladders: Winning in the Global Trade Game

· Orange County Trade Overview
· Export Success Stories Panel
· Network and connect with international consuls, chambers and trade organizations

· $65 includes breakfast, parking, and networking
· $600 for a table of ten

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Luncheon presented by International Bankers Association

March 30, 2017 (Thursday) – Special Luncheon presented by International Bankers Association of California (IBAC)

When: March 30, 2017 (Thursday) 11:30 AM – 1:30 PM
Where: The California Club, 538 South Flower Street, Los Angeles, CA 90071

Keynote Speaker: Stephen Cheung, President of World Trade Center Los Angeles (WTCLA)

· HKASC Members – $55 / $67.5 with parking
· Non-Members – $65 / $77.5 with parking


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