business · SCMP

Hong Kong, Malaysia Eye Deeper Ties in Semiconductors and Trade

SCMP · 1 SOURCESabout 1 hour ago2 MIN

Summary

Hong Kong's Trade Development Council (TDC) chairman Frederick Ma Si-hang has signaled plans to deepen economic ties between Hong Kong and Malaysia, with a particular focus on semiconductor manufacturing. The announcement came as Hong Kong dispatched its largest-ever business delegation to Malaysia under the city's flagship "Think Business, Think Hong Kong" campaign .

Key Points

TDC chairman Frederick Ma Si-hang highlighted Hong Kong's close relationship with Malaysia, a country with strong capabilities in semiconductor manufacturing, during a visit on Monday .
The delegation of more than 200 participants from Hong Kong is the largest ever assembled for an event of this kind, showcasing robust commercial interest in regional collaboration .
Secretary for Commerce and Economic Development Algernon Yau Ying-wah leads the delegation, which will explore business opportunities and finalize bilateral investment agreements .
A full-day conference is scheduled for Tuesday at the Shangri-La Kuala Lumpur, focusing on finance, innovation and technology, and healthcare sectors .
Ma emphasized that Hong Kong's rich talent pool can support Malaysian firms while serving as a "superconnector" to the mainland Chinese market and Greater Bay Area .

Why It Matters

This partnership positions Hong Kong as a strategic bridge between Malaysian companies seeking mainland market access and international firms looking to invest in the Guangdong-Hong Kong-Macao Greater Bay Area. The collaboration in semiconductor manufacturing could strengthen supply chains and create new opportunities for Hong Kong's innovation and technology sector amid increasing regional economic integration .