CHICAGO, May 14, 2015 /PRNewswire/ -- A Hong Kong-Guangdong province joint investment and partnership mission will explore collaboration opportunities between North American companies, Guangdong corporate investors, and Hong Kong service professionals at the upcoming Think Asia, Think Hong Kong symposium set for June 10 in Chicago.
Organized by the Hong Kong Trade Development Council [HKTDC], the symposium will feature a presentation titled, "Hong Kong - The Gateway for Chinese Outbound Investment" examining how Hong Kong's world-class financial and professional service companies can connect North American companies with Chinese capital.
Fourteen manufacturing and technology companies from Guangdong, which borders Hong Kong, will visit from June 7 -14 to meet companies in Chicago, San Francisco and Toronto. Eight Hong Kong professional service firms will join them, including Crowe Horwath, KPMG, McMillan LLP, Choi, Lo & Co. and Roger Kam & Co., CPA.
"The mission will focus on the latest developments in automation and clean manufacturing, renewable energy and energy efficient technology," said mission leader Raymond Yip, Deputy Executive Director of the HKTDC.
The Guangdong group includes: TCL Corporation, an electronics conglomerate; China Aviation Industry General Aircraft, a subsidiary of state-owned aerospace company AVIC; Kang Dasi Trade Co. Ltd., which makes building materials; Guangdong Jingyi Metal Co. Ltd., a metalwork processor and manufacturer, and Kehua Foodstuff Machinery Industry and Commerce Co. Ltd., a food-machinery manufacturer.
"Through business matching and visits, parties will connect, network, and discuss potential tripartite partnership opportunities," said Yip. "Mainland companies are seeking to upgrade and transform by way of international partnerships in areas of advanced technologies."
Mainland companies increasingly seek overseas investment and partnerships in an array of industries, from natural resources and energy to intangible assets such as technologies, brands and distribution channels. Accumulated outward direct investment reached US$660 billion at the end of 2013, with close to 60 percent directed to, or channeled through, Hong Kong.
Hong Kong professional service companies consult on a full suite of investment-related services including fundraising, due diligence, risk management, intellectual property protection and post-transaction management, and provide counsel on sound legal and tax infrastructure, as well as Sino-foreign cooperation.
About the HKTDC
Established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers promoting Hong Kong as a platform for doing business with China and Asia.
SOURCE Hong Kong Trade Development Council