Denise Chan’s Post

Our Chairman, Jason Wong Kon Man, recently delivered a keynote speech at the 2024 Forbes China Brand Development Forum held in Guangzhou on April 26th. Co-hosted by Forbes China 福布斯中国 and Bingo Consulting, this forum brought together a diverse array of industry leaders, investors, and brand experts to explore the evolving landscape of Chinese brands. In his address titled "Brand Upgrading in the Globalization Trend: Strategies and Opportunities for Overseas Listing," Mr. Wong, dubbed by the media as "Asia's SPAC Godfather", and also the SPAC Committee Chair at the Hong Kong Institute of Financial Analysts and Professional Commentators Limited (IFAPC), provided invaluable insights into the significance of listing for brand development, along with an exploration of the SPAC model's potential. Reflecting on the journey of Chinese brands, Mr. Wong emphasized the transition from being the "world's factory" to establishing themselves as "world brands." He underscored the importance of this pivotal moment, where brands not only influence company valuations but also serve as a beacon of cultural confidence on the global stage. Mr. Wong's alignment with the forum's theme, "Initial Intention, Create Excellence," underscores Norwich's commitment to upholding our founding principles while fostering innovation and adaptability. We share his vision of guiding Chinese brands towards global success, characterized by authenticity, innovation, and unwavering determination. https://lnkd.in/d5Z5ZcSG #NorwichCapital #Norwich #NorwichHK #BrandDevelopment #GlobalExpansion #ForbesChinaForum #SPAC #Innovation #EconomicGrowth #MarketInsights 

The Year of the Dragon represents natural courage, tenacity and intelligence; all qualities which were notable in abundance at Hung’s Annual Operations Conference.   Janet Yuen, our CEO, revealed how tenacity and perseverance in understanding each other’s roles and challenges go a long way to enhancing interdepartmental appreciation and aligning perspectives.   Ben Kwok, Head of Group Finance, emphasized that the beauty of digitalization likely helps to streamline the manual work of the store, making the team's life easier and more productive. We were reminded to be bold in embracing digital channels to maximise sales potential and long-term sustainability.   While providing an opportunity for bonding and team building through various interactive games, the goal was to teach the team how to use minimal resources to achieve optimal results and foster innovation. This experience served as a reminder of how leveraging individual strengths and intelligence can drive collective success and cultivate a greater sense of unity.   Thanks Sam Yip from Hong Kong Professional Training Centre for your enriching discussion, fiery approach and facilitating our journey to maximise potential for the Year of the Dragon and beyond. Janet Yuen Ben Kwok TY Lau Jonathan Yip May Lok April Ying Lucio Ho Shin Kai Yin Ken Chan Sam Yi Jonathan Lam Christy H. Iris Hui Boris Yip   #business #hongkongbusiness #foodandbeverage #winning #teamwork

Since reopening, Hong Kong has welcomed nearly 13 million visitors in the first half of the year. Retail sales went up 20% to a total of HK$205 billion from the same period last year, marking the gradual recovery of the retail market. At a seminar today, Michael Cheng, Asia Pacific, Mainland China & Hong Kong Consumer Leader, PwC, talked about the underlying challenges facing the retail sector, including increased competition from regional markets, high costs and the manpower shortage. He also touched on new retail trends and opportunities that businesses should focus on, such as harnessing #generativeai to create a frictionless #consumerexperience and prioritising #ESG factors in their daily business operations. #hkgcc #hongkongbusiness #retailmarket #retailsales #ESG #generativeAI #economicrecovery

Do you want to take a look of how our newly opened Hong Kong West Service Centre operates? Let's watch this video to take a glimpse! #DHL #DHLProcurement #yellowunited #ConnectingPeopleImprovingLives #dhlhongkong

谢谢 老朋友. “Thank you old friend.” This is how we used to thank our good friends in China. David Alexander is one of those old friends. He ran a German motorsport magazine and set the standard for quality journalism. I was grateful as he supported me as I built my Morgan Motor Company import business, British Motorsport Festival and Conferences, and in my role as Interim CEO Group Lotus. He flattered me again by asking me to be a guest on his emerging podcast for my insights on doing business in China. A few points I share, in case you haven’t the time for the interview: My biggest mistake: - building a brand which I didn’t own. Doing business in China: - It’s ultra competitive because Chinese have a mentality of scarcity which means that they are always hungry for every morsel of value in the market. My favourite place in China: - Chang Bai Shan 长白山 ski 🎿 resort in n e China. What I enjoyed most about China: - The heady atmosphere of entrepreneurial opportunities. Who I miss: - The good, honest hard working Chinese with whom I had the good fortune to work build several businesses and friendships. There’s more besides for anyone considering living and working in China. If you want to gain insights for your China business, David Alexander provides insightful and practical consultancy. Finally- I kind of liked having a fortuitous name in Chinese, 金宝. It means “golden treasure.” 再见

How can businesses navigate economic uncertainty and harness new market trends in times of change? What are the top China and Hong Kong retail and consumption trends that businesses need to focus on for success? Join us for a seminar on 19 Sep to learn more from Michael Cheng of PwC Mainland China and Hong Kong on how brands and retailers can navigate the next phase of retail evolution and seize the unique opportunities brought by the country's consumption recovery. Register here: https://lnkd.in/gaPieVE8 Hong Kong General Chamber of Commerce (HKGCC) 香港總商會 #retail #retailoutlook

HKGCC General Committee Member 余鵬春 YU gave an inspiring talk in the latest instalment of our "Dialogue with the General Committee Series." As a second-generation family business leader at Yue Hwa Chinese Products Emporium Limited, Yu explained how the leading retail group has evolved to adapt to the changing market dynamics over its six-decade history, all the while remaining focused on offering Chinese and other quality products in Hong Kong. His recipe for success? Putting his heart into whatever opportunities come his way. Stay tuned for the next chat in the series – coming soon! #hkgcc #hongkong #hongkongbusiness #retailmarket #businessleaders

Hong Kong's retail and F&B sectors are facing a new challenge: the allure of Shenzhen for Hong Kong residents. Since the lift of cross-border travel restrictions last year, a wave of northbound travel is impacting Hong Kong businesses. Hongkongers are increasingly drawn to Shenzhen for weekend entertainment and shopping, leaving Hong Kong's once-thriving consumer scene with a question mark. So, what's the outlook? While the immediate future may be bumpy, there's room for optimism.  Visit https://lnkd.in/gCeBBETi to read more about the imminent challenges Hong Kong’s retail scene is facing – as well as some of the tactics that can be used to remedy them. #Retail #F&B #GreaterBay #Economy #Shenzhen #Hongkong #rfi #rfiasia #whereIQmeetsEQ 

HKRMA - Voice of Hong Kong Retail A great event with a mix of ecosystem specialists, generously sharing ideas and strategies on how to leverage opportunities in the changing retail environment. A quick recap of 3 topics I have discussed in the panel : 1) a focus on customisation and experiential retail, niche brands, 2) Halal food and products a growing business opportunity (food US$1403B, fashion US$318B, cosmetic US$84B according to Global Islamic Economy Report) 3)Promote the favorable business environment in HK which can help retailers manage costs and risks. Bond Law Sindy Wong Cherlane K. Angela Cheung Arthur Yu Jimmy Chiang Wendy Lee Kazuko Hamakawa Young Ho Seo Ninad Parkar Ashish Mehta Daisy I. Mark Hedley Mabel Lee Noofal Shahin Maha Azmy Stefano De Paoli Paula Kant Fernando de la Cal González Wing Hin Chung Leonid Orlov Ranjit Unnithan Lawrence Tang Thiago Cruz Silveira Veronica Medina Melvin Lee Andy Hermanto Hillwan Yogi B. Dr. Luca De Leonardis #investhk #hkrma #retail #shopping #brands #hongkong

📅 𝙒𝙞𝙩𝙝 𝙡𝙚𝙨𝙨 𝙩𝙝𝙖𝙣 2 𝙬𝙚𝙚𝙠𝙨 𝙩𝙤 𝙜𝙤!! 𝘿𝙤𝙣’𝙩 𝙢𝙞𝙨𝙨 𝙩𝙝𝙞𝙨 𝙞𝙣𝙘𝙧𝙚𝙙𝙞𝙗𝙡𝙚 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙩𝙤 𝙜𝙖𝙞𝙣 𝙫𝙖𝙡𝙪𝙖𝙗𝙡𝙚 𝙞𝙣𝙨𝙞𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙘𝙤𝙣𝙣𝙚𝙘𝙩 𝙬𝙞𝙩𝙝 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙡𝙚𝙖𝙙𝙚𝙧𝙨!!! 🌟𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐞𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 𝐇𝐊𝐞𝐂𝐒𝐂 (𝐇𝐊𝐞𝐂𝐒𝐂) 𝐢𝐬 𝐭𝐡𝐫𝐢𝐥𝐥𝐞𝐝 𝐭𝐨 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐨𝐮𝐫 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐮𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐆𝐎𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐄𝐱𝐩𝐨 & 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐨𝐧 𝟏𝟏-𝟏𝟐 𝐉𝐮𝐥𝐲, 𝟐𝟎𝟐𝟒, 𝐚𝐭 𝐭𝐡𝐞 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐨𝐧 𝐂𝐞𝐧𝐭𝐫𝐞! This prestigious B2B event brings together business leaders, entrepreneurs, investors, CxOs, researchers, industry experts, IT decision-makers, and IT professionals to share insights and knowledge on the latest tech developments, innovations, and solutions driving business growth through digitalization. 🚀 ✨We are honored to serve as a conference partner and supporting organization for this event. Join us at our panel session (12 Jul 24, 1200-1300), “Accelerating the Success of Hong Kong Brands in Southeast Asia’s eCommerce Frontier,” where our Chairman, Terry Chan, will delve into strategies for expanding into this burgeoning market with three other distinguished industry leaders. For more information, please refer to https://bit.ly/3XiY4qz. 👣 Visit our booth at G14, Hall 3FG (Level 3), HKCEC during the event to connect with us in person. 🤝To find us, enter the hall, turn right to the end, and then turn left towards the Beyond stage. We look forward to seeing you on 11-12 July! 📢 By following HKeCSC, you'll gain exclusive access to #networking events, valuable #insights, industry #knowledge, and strategic #partnerships designed for Hong Kong brands. Let’s empower each other to thrive in the dynamic eCommerce landscape of the #SoutheastAsia market. 🚀 🔗 Follow Us: HKeCSC LinkedIn 📧 Subscribe to our newsletters: www.hkecsc.org 📞 Get in touch with us at: info@hkecsc.org #Crossborder #Ecommerce #SoutheastAsia #HongKongBrands #SMEs #MarketExpansion #BusinessGrowth #DigitalTransformation #EcommerceStrategy #OnlineBusiness #EmergingMarkets