On 14 January, the delegation attended the Singapore–Hong Kong Business Roundtable, jointly organised by SBF and the Hong Kong General Chamber of Commerce (HKGCC). Held at Conrad Hong Kong, the roundtable brought together approximately 110 influential business leaders from Singapore and Hong Kong to discuss trade and investment opportunities. From Singapore, the attendees include representatives from DBS, Sing Lun Holdings and Surbana Jurong. From Hong Kong, representatives include HSBC, Sino Group, WeLab and Tradeport Hong Kong.

Singapore’s Deputy Prime Minister (DPM) and Minister for Trade and Industry, Mr Gan Kim Yong, and Secretary for Commerce and Economic Development of the Hong Kong SAR Government, Mr Algernon Yau, addressed the attendees of the business roundtable, affirming the enduring strength of bilateral relations and the shared commitment to advancing regional economic growth through innovation, sustainability, and strategic partnerships. The roundtable included four panel discussions on the topics of supply chain, digital finance, sustainability, innovation and entrepreneurship. Both cities are major financial hubs in Asia and have been actively promoting themselves as gateways for investment and trade in the region.

HKGCC and SBF also signed a Memorandum of Understanding (MOU), agreeing to maintain close collaboration through regular communication, information exchange, and mutual support in promoting economic and business opportunities in Hong Kong and Singapore. Both organisations will organise and promote activities, share market and investment insights, and assist each other in addressing issues of mutual concern while fostering cooperation through reciprocal visits and support for member-focused programmes. The MOU was signed by the Chairpersons of SBF and HKGCC and witnessed by DPM Gan Kim Yong and Mr Algernon Yau.

Ms Agnes Chan, Chairman of HKGCC remarked, “The two economies share a robust and constructive partnership as global leaders in several key sectors and as gateways to wider markets in our respective regions. We will continue to support Hong Kong businesses in expanding their presence in international markets, with ASEAN being a key focus going forward.”

Apart from signing the MOU, holding the Singapore–Hong Kong Business Roundtable with HKGCC, and attending the Asian Financial Forum, SBF is participating in a series of impactful events in Hong Kong and Shenzhen aimed at fostering business collaboration in the region. Highlights include a visit to the Cyberport and a networking dinner hosted by HSBC in Hong Kong. In Shenzhen, the delegation will meet with the Shenzhen Green Finance Association and SF Express before exploring significant sites such as the Qianhai Showroom, the Talent Harbor, Qianhai Kerry Centre and Huawei. 

Mr S.S. Teo, Chairman of SBF’s IAC said, “This business mission underscores the critical role of partnerships in navigating the rapidly changing global economic landscape. By fostering deeper collaborations with our counterparts in Hong Kong and Shenzhen, we aim to open doors for Singapore businesses to access the Greater Bay Area and other key markets in China, leveraging on opportunities in the areas of supply chain, digital finance, sustainability, innovation and entrepreneurship.”

Mr Lim Ming Yan, Chairman of SBF said, “The Singapore–Hong Kong relationship remains a cornerstone for trade and investment in Asia. Through platforms such as the business roundtable and initiatives such as our partnerships with Hong Kong Trade Development Council (HKTDC) and HKGCC, we are building a foundation that empowers businesses to adapt, grow, and thrive in an interconnected global economy.”

• SBF signed a Memorandum of Understanding (MOU) with HKTDC in July 2023 to create a conducive environment to facilitate mutual economic growth and business opportunities between Singapore and Hong Kong.
• SBF and HSBC signed a Memorandum of Understanding (MOU) at the Singapore Apex Business Summit in July 2024 to help Singapore businesses seize new growth opportunities in key trade corridors, such as the Greater Bay Area and leverage its global expertise and range of solutions to help Singapore businesses deepen their knowledge in sustainability and support their net-zero transition needs.