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Leaders in Hong Kong shared experience on how corporates can innovate in this challenging time & seize the opportunities in the #DigitalEconomy. It was a fireside chat moderated by Patrick S Lee & I in the launch of Corporate Innovation Index program organized by #CUHK & #HKGCC.

Key takeaways:
1. Corporate innovation is about margin, sustainability & opportunities.

2. Engaging new generation is important for corporate innovation. Reverse mentorship is very effective to empower senior management on innovation.

3. The more challenging time we are in, more innovation we need (not an excuse to give up the priority of innovation)

4. Passion is a key for driving innovation

5. CEO cannot delegate innovation. He or she has to drive it & align with the company’s strategy with it. Bottom up is as equally important as top down.

more…

Grateful to have all these leaders in innovation & technology ecosystem to join the forum and appreciate their active participation. Francis Ngai #IBMAndrew Ling #SAPEugene Hsia #HKSTPStella Kwan #Cyberport, Eunice Chan #HangSengBank, Raymond Cheng former C-suite #HSBCMatthew Chan
#JardineRestaurantGroupLarry Poon #CUHK & more.

We look forward to collaborating with all to deliver our Corporate Innovation Index for Hong Kong.

#Academia#Corporates#TechGiants & #Startups are joining hands to establish the first ever #Corporate #Innovation #Index (CII) for Hong Kong.

#CUHK Business School together with #HKGCC supported by #HKSAR #ITC#Cyberport#HKSTP, Corporates #HangSengBank#JETCO#JardineRestaurantGroup#TradeLink #Prestique, & Tech Giants #IBM #AWS #SAP, launched the CII project today in HKGCC. https://lnkd.in/eXf44k7

Under Secretary HKSAR ITB David Chung, HKGCC Chairman George Leung, CUHK Business School Dean Professor Lin Zhou, & Professor Wai Man Cheung gave their speeches to support the CII project.

Seasoned corporate leader Patrick S Lee & I led an interactive discussion on corporate innovation with over 40 f2f & many online corporate & tech leaders. The discussion was open & insightful. Here was one that I couldn’t agree more.

Raymond Cheng, the former CIO & COO of HSBC APAC, was here today. He said, “The more difficult time we are in, the more innovation we need.” I believe it said it all for us under the tough time of the Covid-19 & heavy digital disruption across industries & economics.

Appreciate support from Eugene Hsia Stella Kwan Andrew Ling Francis Ngai David Chow Chris So Angus Choi Yvonne Che Eunice Chan Vicky Wong & colleagues from #CUHK & #APIB.

Here we go! Corporate Innovation Index for Hong Kong is coming. Most companies are aware of the criticality of #innovation to the growth & even survival of their businesses. However, Corporate Innovation is easier said than done.

#CUHK Business School & #HKGCC with the support from #HKSAR Government Innovation & Technology Commissioner #ITC will build a #CorporateInnovationIndex to empower enterprises & SMEs in HK to improve their innovation mindset & capabilities.

Apart from the survey, we will have assessment tools, a series of seminars & workshops to help companies to improve their innovation. Appreciate to our ecosystem partners’ support #HangSengBank #JETCO #JardineRestaurantGroup #Cyberport #HKSTP #IBM #AWS #SAP #TradeLink #Prestique & more.

Dr. David Chung #ITB Under Secretary will officiate our kickoff ceremony on April 26. Two veterans in #CorporateInnovation & #EntrepreneurshipDr. CHARM Toa & Patrick S Lee, will have a fireside chat on Corporate Innovation.
1.Why corporate innovation is so challenging?
2.What are the industry best practices to build & sustain corporate innovation success?
3.What can corporate leaders learn from tech start-ups & vice versa?

Learn more about our Corporate Innovation Index & join our fireside chat here.
https://lnkd.in/eXf44k7

An elite start-up should focus on a scalable market with industry and social impact as well as run by passionate & creative young #enterpreneurs益思智綠色金融科技集團 #ESGMatters is one of the growing start-ups from #Cyberport heading to this direction.

#ESG becomes not only a nice-to-have thing for corporates especially listed companies, but also a mandatory requirement by stock exchanges & regulators worldwide. It enhances the investability of companies if they are ESG compliant. For commercial, sustainability & environmental perspectives, ESG makes a lot of senses.

ESG Matters was founded by a veteran Glenn Frommer with decades of experience in #Sustainability. It is now run by a team of passionate, smart & young talents with a heart on environmental and social impact.

I am very pleased to see what they have been doing & am very honored to be one of their industry & tech advisors. Yesterday, we had a very fruitful session at Cyberport & exchanged some new ideas on ESG, #FutureFit, business opportunities & technological design of their innovations.

I love their cartoons & characters on the white board. Can you recognize who’s who compared to the real photos? That’s a lively & creative culture of a startup.

Dicky GTR May Lit Lavin Yeung Philbert T. Carmen Ng Connie Ngai

Glad to be back to #Cyberport and joined the vetting committee of the Cyberport #Incubation Programme #CIP. The committee has reviewed a series of presentations from the shortlisted applicants through Zoom. Impressive innovations from the applicants.

Very pleased to see that the programme has been improved a lot from the time that I was leading it in the capacity of the Chief Public Mission Officer there. Thanks for the leadership from Eric ChanAlice So and the effort from her team. This programme has nurtured quite a few elite #startups in Hong Kong like #GoGoX (#GoGoVan#Klook #Shopline #Lynk #TNG #Origami #FindSolutionsAI #Toby and more.

Cyberport selects over 100 start-ups per year to join its incubation programme. Mentoring, funding, customers, investors and partners matching, marketing, professional services, mainland and overseas expansion, and more are some of the key values that the incubatees can gain from the programme. Find out more here https://lnkd.in/gStQQ9P

Happy to see and partner with good friends Charleston SinRaymond Wing Fung CHAN, CFT® Stephen Lau and LM Chow to help Cyberport to cultivate the next generation of #entrepreneurs for Hong Kong. I also shared my book #數碼力大提升 with them. Thank you guys.

OpenSource is the core of Digital Economy. Top tech giants in the East and the West are all leveraging on open sources to innovate effectively together with their Lean Startup and Agile practices. Almost all key apps on internet and mobile, such as Google, LinkedIn, Airbnb, Alibaba, etc., that we are using every day are based on open sources. It stimulates and empowers Co-Creation in not just the startup world but gradually the Corporate Innovation world.

Join the upcoming Hong Kong Open Source Conference HKOSCon2020 HKOSCon on Jun 12 and 13 at Cyberport. Experts and users of open sources will share their experience. Not just techies will find it useful, business leaders and professionals will also find it valuable for their Digital Transformation and Innovation.

On the capacity as the Chairman of OpenCertHub, I will share how open source technologies democratize Data Literacy to everyone which is badly needed in Data Economy.

Find out more about the conference and register it here.   https://lnkd.in/gUi97BD

Appreciate the great support from Charles Mok and the great effort from the organizers Sammy Fung OSHK Open Source Hong Kong Committee, HKCOTA HK Creative Open Technology Association, HKLUG HK Linux User Group, and Cyberport teams.

Finspire Hackathon, a fully-online Hackathon, made history for Hong Kong FinTech ecosystem today. It was probably the largest online FinTech hackathon in Hong Kong. “Finspire Hackathon.  We HackForTheFuture”. Hundreds of students and entrepreneurs have actively participated in the Hackathon. Glad to see quite a few CUPP alumni there as well.  3 winners were born today with great FinTech inspirations as what the name of the program is Finspire. Congratulations to the winners and all the participating teams.

This hackathon was held under the cloud of the Coronavirus situation in Hong Kong.  It was encouraging to see that our entrepreneurial spirit did not burn out and continues to shine.  Thank you so much for the organizing team, especially Bobo Wong Tony Chan from Convoy, Harris Chan from Cobo Academy and Thomas Huang from Happyer, for such a great effort and heart to keep our FinTech Ecosystem going.

I am grateful to join Charles Lam, Charleston Sin, Almond Wong, Joseph Chan, Henry Li, Patrick Ho, and Venus Chiu as the judging panel.  Appreciate Convoy Cyberport Microsoft MIT Innovation Node, Happyer, and Cobo Academy for their leadership.

ETNET FinTech Awards 2019 was done beautifully in the Hong Kong Exchanges HKEX Connect Hall on Jan 17, 2020. A new breed of Hong Kong FinTech stars were born. As one of the judges for this Awards, I would like to congratulate to all the winners and participants.

Big thank to FS Paul Chan ETNET See Salome Ada Chow Cyberport Peter Yan Eric Chan Charles Lam Queenie Chang HKSTP George Tee, Charles Mok Deloitte Peter Koo FCPA,CA,AICPA,CPA (Aust),CIA,CFE,CISA,CISM,CGEIT PWC Dick Fong KPMG Anson Bailey (eMBA) EY Peter Chan InvestHK King Leung Vincent So Maaike Steinebach and many other FinTech Ecosystem enablers to make it happened.

We now have over 600 FinTech startups in HK and raised over US$1 billion which is higher than many countries and cities in Asia. Proud of you all. Keep it going. Covergo Wesurance Wizpresso FundPark Pecutus Transwap HeyCoins EarthChannel PolyDigi IxFinTech Portfo Prive Quantifeed & incumbent winners like HSBC BOC DBS HangSengBank. Keep it up teams:Victor Yip, Benjamin Wong, Eddie RONG, Adam Lau ,Wai Kong Wong, Curtis Chan, Irene OL Wong (黃愛玲), Anson Suen, Eddie Chang, Natalie Fong, Calvin Cheng, CFA, Daniel Chan, Jaff Lau, Ada LAM, Winny So, Noel Yick & more.

AFF2020 AsianFinancialForum in Hong Kong was powered by lots of FinTech this year. Recalled that AFF had not much on FinTech 4 years ago. Our Cyberport team working with HKTDC made this happened. We are so grateful that FinTech is now a core part of the AFF every year.

More importantly, a number of FinTech startups started 4 years ago & now they became key players in the financial services industry. Covergo  Wesurance  InsurTech Farseer FinancialIntelligence Transwap Remittance HeyCoins DigitalCash EarthChannel RegTech DigitalTransaction Blockchain PolyDigi CyberSecurity IxFinTech WealthTech NexChange Platform Gini Neat GekkoLab & more.  Keep it up teams Tomas Holub Stanley King Lun Chan Benjamin Wong Eddie RONG Adam Lau Wai Kong Wong Ian Huang Curtis Chan Irene OL Wong (黃愛玲) Juwan Lee Natalie Fong & more.

Thanks for Cyberport Chairman Dr. George Lam, CEO Peter Yan FinTech Head Charles Lam have been giving lots of support to the FinTech ecosystem in HK. From >50 FinTech startups 4 years ago, Cyberport has nearly 400 now & a few more hundreds around in HK. A few are Unicorns already such as WeLab TNG. Thanks to InvestHK King Leung, HKMA Nelson Chow, HKSTP George Tee, DIT Ivan Yip & more.

More can be found here https://lnkd.in/ffPv7cg

2020 HKICT Awards FinTech Award is coming again.  Many FinTech heroes in town were the winners of this award in the last few years such as CoverGo Tomas Holub in 2019.

The FinTech Award is composed of three streams: 1. Banking, Insurance and Capital Markets 2. Emerging Solutions 3. Regulatory Technology and Risk Management* (*Includes FinTech Security).

Don’t miss this opportunity to compete for one of the most honourable FinTech Awards in Asia. The award is highly endorsed by the FinancialServices industry, governments, regulators and investors in the region. The application deadline is Jan 3, 2020. Find out more here https://lnkd.in/fs6zyte

Thanks for Hong Kong Institute of Bankers Carrie Leung Philip Kam as the leading organizer for this award again this year and the leadership from OGCIO. It is my honour to be the Chief Judge again for this year’s award. Hope to see you in the final round. Wish you all the best and good luck. FinTech HKICTAward FinTechAward HKIB HKMA HKSFC HKIA IFTA FTAHK Cyberport HKSTP ASTRI InvestHK