06-08-2025
FHKI and Kapok Capital Signed an MoU
To Jointly Promote the Development of Innovation and Technology in the Greater Bay Area
Federation of Hong Kong Industries (FHKI) and Kapok Capital (Kapok) signed a Memorandum of Understanding (MoU) today (6 August) to jointly promote the establishment of start-ups in Hong Kong, fostering the collaborative development of innovation and technology industries in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and inject new momentum into local and regional industries.
The signing ceremony was held at the FHKI headquarters, witnessed by Dr Steve Chuang, Chairman of FHKI, and Dr Raymond Leung, Chairman and Partner of Kapok, with the MoU signed by Bonnie Chan, Director-General of FHKI and Helina Wang, Co-Founder and Partner of Kapok on behalf of both parties.
According to the MoU, both parties will launch a series of exchange and cooperation initiatives to facilitate communication between enterprises interested in establishing a presence in Hong Kong and the local industry. This includes jointly building technology application platforms, regularly organising start-up pitch events, supporting industrial technology projects, and promoting technology implementation. Regular collaborative meetings will also be held to share technology trends and start-up project data, facilitating the matching of industry needs with investment opportunities. In addition, Kapok will leverage policies such as the “30 Measures for Nansha Finance” to provide FHKI members with services including site visits, policy application support, and industrial park matching, thereby promoting integration and collaborative development between Hong Kong and Nansha.
FHKI Chairman Dr Steve Chuang, said that since its establishment 65 years ago, FHKI has been committed to supporting the development of Hong Kong’s industries and SMEs. FHKI will continue to play its role as a “Super Connector” to promote the integration of industries and innovation and technology between Hong Kong and the GBA: “Innovation and technology are key engines for future economic growth. This collaboration with Kapok Capital, leveraging both parties’ strengths in innovation and technology investment, industry integration, and sector networks, will create more development opportunities for start-ups in Hong Kong and the GBA. As a key development area in the GBA, Nansha is rich in policy resources and is an ideal platform for industrial transformation and the implementation of technological achievements. FHKI will assist member companies in seizing these opportunities and promote the two-way flow of innovation and technology resources between the two regions.”
Dr Raymond Leung, Chairman and Partner of Kapok, also remarked that the signing of the MoU marks the joint effort for both parties to boost the integration of technology innovation and the industry, fueling growth in Hong Kong and the nation. He stated, “Kapok focus on ‘bringing in’ global tech to Hong Kong and Nansha to upgrade the supply chain and achieve industrialisation, and ‘going out’ to help domestic firms access the global market via Hong Kong. With Hong Kong’s enriched resources and strength and the guidance of national strategies, indsutries can surely breakthrough the boundaries and explore boarder opportunities. Kapok will continue to leverage technology investment to advance collaboration, harnessing Hong Kong’s strengths to expand under national strategies.”

Pic 1:FHKI signed the MoU with Kapok Capital.

Pic 2: FHKI Chairman Dr Steve Chuang delivered a speech on the ceremony.

Pic 3: Helina Wang, Co-Founder and Partner of Kapok, delivered a remark.

Pic 4: FHKI Chairman Dr Steve Chuang (third right), Kapok Chairman and Partner Dr Raymond Leung (third left), and representatives from both parties took a photo together.

Pic 5: Many representatives from the industry joined the ceremony.
*Click here for high resolution photos
Media Enquiries
Tel: 2732 3156
Email: media@fhki.org.hk
About Federation of Hong Kong Industries (FHKI)
Established in 1960, the Federation of Hong Kong Industries (FHKI) represents and serves the interests of Hong Kong’s industrial and business communities. FHKI actively consolidates the industry’s views on issues of concern to HKSAR Government and puts forward proposals that facilitate the industry’s long-term development. FHKI is also dedicated to strengthening communication between Hong Kong industries and foreign counterparts and forging the connection between global business communities.
About Kapok Capital Limited
Kapok Capital, in strategic partnership with Nansha District, has launched a flagship investment fund (targeting up to RMB 2 billion) to advance innovation in the Greater Bay Area. Leveraging its global investment expertise and industry networks, the fund will both support local enterprises in expanding internationally and connect high-potential global innovations with the Chinese market for localized growth. Through professional management, it aims to deepen integration between the global technology ecosystem and the region’s industries.
