1. Hong Kong Business Culture

2. If you want to play a new game, you must know the rules.

4. Official languages, Chinese and English.

5. Hong Kong has no official religion.

6. Capitalist form of government. .

7. Ceded to the United Kingdom in 1898 Opium War.

8. 1997 returned to China.

10. Cont…. Avoid aggressive or loud behavior. Repression of emotions is emphasized. Treating opposite sex and same sex. Business cards . Receiving a Business card.

11. Business Attire Appropriate dress for men . Women’s suits. Blue and white .

12. Conversations and Networking Avoid politics. Health and business. Offering opinions. English speaking.

13. Dinner etiquette Accept dinner inventions. Always bring fruit or candy. Arriving greet everyone. Seating etiquette. How to use chopsticks. Napkins are not provided. Tipping is not expected.

14. Gifts Gift giving is important. Refusal of your gift. Receiving a gift. unwrapping a gift. Never wrap a gift in blue.

17. Communications The handshake and bowing. A round of applause. Silence in high regard. Order of Names Use titles with names whenever possible. Appointments and Punctuality is expected. Only black and white materials for presentations.

18. The Giant Awakes • GDP growth. • Growth in foreign trade. • Foreign direct investment. • The sixth-largest economy.

20. Banking

21. Venture capital

22. R&D Centers

23. Biotechnology and Pharmaceuticals

24. Therapeutic pharmaceutical

25. Technology

26. Information

27. Electronics

29. Why Businesses Fail in Hong Kong • They don’t make the right contacts. • Needs and expectations not properly communicated. •Chinese business culture not understood. • Impatience.

31. Increasing use of Wholly-foreign Owned Enterprises and Joint Stock Companies vs. Joint Ventures.

32. Increasing M&As.

34. Thank you FROM-:ANKIT GUPTA