Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024

Hong kong showcases tech hub potential at collision 2024 in toronto: promoting fintech, web3, and more for global start-up ecosystem

The Hong Kong Economic and Trade Office in Toronto (Toronto ETO), Invest Hong Kong (InvestHK) and StartmeupHK (SMUHK) promoted Hong Kong's edge as a leading hub and perfect platform for the development of the global start-up ecosystem during the technology conference Collision 2024 held in Toronto from June 17 to 20 (Toronto time).

At a Masterclass titled "Hong Kong opportunities: Fintech/Crypto/Web3 and beyond" at Collision 2024 hosted by InvestHK and SMUHK with the support of Toronto ETO on June 19 (Toronto time), the Director of the Toronto ETO, Ms Emily Mo highlighted Hong Kong's super-connectivity role to link Canadian companies with partners from mainland China and other parts of world.

"Hong Kong, as an international financial centre, offers a vibrant venture capital sector with low tax rate and innovative rules such as rules to support the listing of pre-commercial specialist technology companies," Ms Mo said in delivering the welcoming remarks at the Masterclass.

"There is a creative mindset on Web3/virtual assets developments. Fintech, health technology, green technology and property technology, etc, are trending in Hong Kong and Asia these days," she added.

She further promoted that Hong Kong, besides private funding, also provides numerous public funding and talent admission schemes supporting technology companies and professionals to Hong Kong.

The Masterclass was moderated by the Head of InvestHK in Canada, Mr Christopher Chen. Other speakers included the Head of SMUHK at InvestHK, Ms Jayne Chan who also emceed the Money Conference Stage of Collision; Co-Founder of AllStarsWomen DAO, Ms Akina Ho; and the Chief Representative (New York & London Office) of the Hong Kong Monetary Authority, Mr Anson Law. They gave an insightful review about monetary regulations, start-up funding and opportunities in Hong Kong at this powerhouse session.

InvestHK also set up an information booth, supported by the Toronto ETO, the Hong Kong Trade Development Council, Hong Kong Tourism Board and Cathay Pacific Airways, at the conference attracting esteemed entrepreneurs and investors of different sectors to get information about business opportunities in Hong Kong.

In addition, the Toronto ETO and InvestHK hosted a special networking event titled "Hong Kong Fireside Chat@Collision Mixer" for founders, investors and partners. Moderated by Mr Casey Lau of HKG DAO, a fireside chat with Ms Chan, Ms Ho and Mr Law was held on what Hong Kong has to offer on fintech, Web3, blockchain, cryptocurrency, virtual assets and more.

At the event, Ms Mo said that the world's longest-standing and most influential cryptocurrency, blockchain and Web3 event, Consensus, has picked Hong Kong to be the first destination to expand its global footprint beyond North America. She encouraged participants to join this flagship event in Hong Kong from February 19 to 21, 2025.

The Collision 2024 conference in Toronto is North America's fastest-growing innovation and technology (I&T) conference which welcomed over 37 000 participants, including entrepreneurs, investors, start-ups and I&T professionals from around the world this year.

Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024 Source: HKSAR Government Press Releases

Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024 Source: HKSAR Government Press Releases

Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024 Source: HKSAR Government Press Releases

Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024 Source: HKSAR Government Press Releases

Toronto ETO promotes Hong Kong's start-up ecosystem and opportunities at Collision 2024 Source: HKSAR Government Press Releases

Police to implement special traffic arrangements for flag raising ceremony in wan chai north: road closures, traffic diversions, and parking suspensions announced

Police will implement special traffic arrangements to facilitate the holding of the Flag Raising Ceremony on July 1 in Wan Chai North, Central and Tin Hau.

A. Road closure

The following roads will be closed, except for vehicles with permit:

(a) From 7.30am to 11.40am on June 29 and from 0.01am on June 30 to noon on July 1:

- Expo Drive;

- Expo Drive Central;

- Expo Drive East; and

- The slip road leading from Central-Wan Chai Bypass Tunnel to Expo Drive.

(b) From 0.01am on June 30 to noon on July 1:

- Eastbound Lung Wo Road between the Wan Chai portal of Central-Wan Chai Bypass Tunnel and Fleming Road.

(c) From 7.15am to 8.30am on June 30:

- Lung Wo Road between Edinburgh Place and Tim Wa Avenue.

(d) From 5.30am to noon on July 1:

- Westbound Lung Wo Road between the Wan Chai portal of Central-Wan Chai Bypass Tunnel and Fleming Road; and

- Lung Tat Path.

(e) From 6.45am to 7.15am on July 1:

- Tung Lo Wan Road between Causeway Road and Lin Fa Kung Street West.

B. Traffic diversions

In connection with the road closure as mentioned above, the following traffic diversions will be implemented:

(a) From 7.30am to 11.40am on June 29 and from 0.01am on June 30 to noon on July 1:

- Traffic from Central heading for Wan Chai will be diverted via Man Po Street, eastbound Yiu Sing Street and eastbound Lung Wo Road.

(b) From 0.01am on June 30 to noon on July 1:

- Traffic along eastbound Lung Wo Road heading for Fleming Road and Hung Hing Road must turn right to southbound Lung Hop Street, and vehicles heading for Island Eastern Corridor must enter eastbound Central-Wan Chai Bypass Tunnel; and

- Traffic turning right from northbound Lung Hop Street can only enter eastbound Central–Wan Chai Bypass Tunnel via eastbound Lung Wo Road.

(c) From 7.15am to 8.30am on June 30:

- Traffic along eastbound Lung Wo Road will be diverted to southbound Edinburgh Place; and

- Traffic along westbound Lung Wo Road will be diverted to southbound Tim Wa Avenue.

(d) From 5.30am to noon on July 1:

Traffic along westbound Hung Hing Road heading for westbound Lung Wo Road must turn left to southbound Fleming Road, via northbound Fleming Road, westbound Harbour Road, Fenwick Pier Street roundabout, westbound Fenwick Pier Street and northbound Lung Hop Street.

(e) From 6.45am to 7.15 am on July 1：

Traffic along westbound King's Road will be diverted to westbound Causeway Road.

C. Suspension of parking spaces and pick-up/drop-off area

- The metered parking spaces and pick-up/drop-off areas at Expo Drive and Expo Drive East will be suspended from 7.30am to 11.40am on June 29 and from 0.01am on June 30 to noon on July 1; and

- All metered, motorcycle and disabled parking spaces on Tung Lo Wan Road between Causeway Road and Lin Fa Kung Street West will be suspended from 10pm on June 30 to 7.30am on July 1.

All vehicles parked illegally during the implementation of the above special traffic arrangements will be towed away without prior warning, and may be subject to multiple ticketing.

Actual implementation of traffic arrangements will be made depending on traffic and crowd conditions in the areas. Motorists are advised to exercise tolerance and patience and take heed of instructions of the Police on site.

Source: AI-generated images