InvestHK Strengthens Business Ties with Japan, Boosting Web3 and Fintech Opportunities

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan

​Invest Hong Kong (InvestHK) has successfully concluded an impactful visit to Japan, deepening business ties between the two places. The delegation's primary objectives were to promote two-way business opportunities in Web3 and fintech, and to facilitate strategic technology investments that benefit bothplaces.

From June 30 to July 4, Senior Vice President of Fintech at InvestHK Ms Pauline Fan led a delegation of 16 Hong Kong companies, organisations, universities and a family office to Japan. These included Hong Kong Baptist University, the Hong Kong University of Science and Technology and Web3 Harbour. Meetings and events were held in Osaka and Kyoto together with partners in Japan, including HashPort, Headline Asia, and IVC.

In Osaka on June 30 and July 1, delegates engaged with key players in innovation and digital transformation. They met with members of the Osaka Prefectural Government, the Osaka Digital Exchange, the Japan External Trade Organization, SBI Corporation, Plug and Play Japan, the NTT West Corporate Innovation Center and more. These meetings facilitated meaningful exchanges and explorations of new business partnerships and investments. The momentum continued in Kyoto from July 2 to 4 at IVS 2025, the largest start-up conference in Japan, organised by Headline Asia and IVC. Industry leaders and emerging start-ups exchanged insights on fundraising, business partnerships, and breakthrough trends in Web3 and more.

Associate Director-General of Investment Promotion at InvestHK Mr Arnold Lau said "This delegation marks a significant milestone in solidifying the collaboration between Hong Kong and Japan in innovation and technology. With a strong influx of innovative ideas and investment flows between both sides, we are entering a pioneering era where groundbreaking technologies in Web3 and fintech are poised to redefine the future of digital economies."

This delegation visit came at a perfect time following the Policy Statement 2.0 on the Development of Digital Assets in Hong Kong, issued by the Hong Kong Special Administrative Region (HKSAR) Government on June 26. It reinforces the HKSAR Government's commitment to establishing Hong Kong as a global hub for innovation in the digital asset (DA) field. The statement introduces the "LEAP" framework: Legal and regulatory streamlining, expanding the suite of tokenised products, advancing use cases and cross-sectoral collaboration, and people and partnership development. It sets out a vision for a trusted and innovative DA ecosystem that prioritises risk management and investor protection, while delivering concrete benefits to the real economy and financial markets.

"Our dedicated team at InvestHK is ready to support players in the DA ecosystem, connecting prospective DA service providers with banks and professional services to facilitate their business setup and expansion in Hong Kong," Mr Lau added.

Two-way business success driving the agenda forward

Japanese firm Zaiko was the first company to establish a presence in Hong Kong through a similar delegation to Japan in 2024, facilitated by InvestHK. As a key portfolio company of Headline Asia, Zaiko serves as a platform that connects creators directly with people through digital events, video streaming, and data analytics. This inward investment exemplifies the potential for Japanese technology expertise to seamlessly merge with the vibrant economic sectors of Hong Kong, such as creative and event industries.

Waffo established a Hong Kong office in 2023 as its strategic hub for Asia and immediately joined the 2024 InvestHK Japan delegation. The company uncovered new opportunities and successfully entered the Japanese market by opening representative offices, collaborating with multiple Japanese clients and launching innovative cross-border payment and risk-management solutions. Leveraging Hong Kong as its launch pad, Waffo once again participated in this year's delegation to further accelerate its growth in Japan.

The Goldian Group is a diversified conglomerate headquartered in Hong Kong with a strong background in real estate development. In recent years, its family office has strategically pivoted towards the fast-evolving field of digital assets. With the support and facilitation from InvestHK, the Group has gained access to cutting-edge market intelligence, advanced fintech applications and high-potential business opportunities in Hong Kong's financial ecosystem. Leveraging these advantages, the Goldian Group joined this year's delegation and formally launched a real estate tokenisation initiative in Japan, marking a key step in cross-border digital asset innovation and regional collaboration.

With these achievements, InvestHK's latest delegation clearly illustrates the rising synergy between Hong Kong and Japan's Web3 and fintech industries, a collaboration that promises a new chapter of ingenuity, growth, and mutual prosperity. As both markets continue to harness innovation and investment, the future looks brighter than ever for such two-way partnerships in the digital economy.

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan Source: HKSAR Government Press Releases

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan Source: HKSAR Government Press Releases

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan Source: HKSAR Government Press Releases

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan Source: HKSAR Government Press Releases

Invest Hong Kong strengthens Web3 and fintech ties between Hong Kong and Japan Source: HKSAR Government Press Releases

CFS to follow up certain batches of powdered infant and young children formula with possible presence of Cereulide produced by Bacillus cereus

The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department (FEHD) today (January 10) said that, it took initiative to meet with Nestlé Hong Kong again today, and confirmed the company's today announcement of an additional batch of powdered infant and young children formula suspected to have possibly used the raw material concerned. Nestlé Hong Kong has voluntarily stopped sales, removed from shelves the affected products and has initiated a precautionary recall. The CFS has collected samples of powdered infant and young children formula from the market for Bacillus cereus testing, the test results so far were satisfactory. The Environmental and Ecology Bureau is also closely monitoring the supply situation of other formula milk powder and maintaining communication with other major suppliers. It is noted that there is sufficient formula milk powder to meet the demand.

The spokesman said, the CFS has been actively following up on Nestlé company's voluntary and precautionary recalls of certain batches of its powdered infant and young children formula in certain areas in Europe due to possible presence of Cereulide produced by Bacillus cereus in the individual raw material. According to the latest information from Nestlé Hong Kong today, an additional batch of its powdered infant and young children formula imported into Hong Kong might have used the raw material concerned. The CFS had earlier enhanced surveillance in the market and collected a sample from the above batch for testing of Bacillus cereus. The test result of the sample was satisfactory. Nevertheless, as a precautionary measure, Nestlé Hong Kong has voluntarily stopped sales, removed from shelves the affected products and has initiated a precautionary recall.

Product details are as follows:

Product name (Net weight): NAN PRO 1 2 HMO (800g)

Batch number: 51670742F2

Best-before date: June 16, 2027

Place of Origin: Germany

"The CFS met Nestlé Hong Kong again today, urging them to properly handle the product recall issue and respond to public enquiries, in order to safeguard consumers' legitimate rights and interests. In addition, the CFS and Nestlé Hong Kong have jointly followed up, six suspected affected batches of infant and young children formula products that had not entered the market were marked and sealed. An additional 15 batches are currently en route to Hong Kong and will also be marked and sealed upon arrival. The CFS will continue to closely monitor the recall matters and remain fully committed to ensuring food safety, " the spokesman said.

Nestlé Hong Kong has initiated a recall of the affected batches of the products concerned. For enquiries about the recall, members of the public may contact the company through the following channels:

Consumer services hotline: 2599 8874 / 2797 6031/ 2179 8136 (Monday to Sunday, 9am to 9pm)

Email: consumerservices@hk.nestle.com

WhatsApp: 5283 4139 (NESTLÉ® NAN®) / 2599 8871 (Wyeth® Nutrition)

Online form: forms.office.com/e/BhqMhWfsUG?origin=lprLink

Consumers may choose to bring along the products (brand new or opened) for refund at place of purchase, or at exclusive service counters of Nestlé Nutrition Services from January 13 (Tuesday) onwards, to settle the recall and refund of the batches of the products concerned. Details of the exclusive service counters are as follows:

Kowloon Services Counter

Address: G/F, Park Hovan Commercial Building, 18 Hillwood Road, Tsim Sha Tsui, Kowloon (MTR Jordon Station Exit D)

Contact number: 3996 8196

Office hour: Monday to Saturday, 11am to 7.30pm; Sunday, 1pm to 5.30pm (except public holidays)

Hong Kong Services Counter

Address: 1/F, Ka Nin Wah Commercial Building, 423-425 Hennessy Road, Hong Kong (MTR Causeway Bay Station Exit B)

Contact number: 3996 8197

Office hour: Monday to Saturday, 11am to 7.30pm (except Sundays and public holidays)

The CFS, through its Food Incident Surveillance System, noted earlier that certain batches of Nestlé powdered infant formula were being voluntarily recalled in Europe due to possible contamination with Bacillus cereus. Upon learning of the incident, the CFS has immediately initiated follow up actions, published food incident posts to inform the public and the trade about the issue, and has been actively following up on the incident and enhanced surveillance.

Over the past three days (as of 4pm on January 9), the FEHD received a total of 18 food complaints and enquiries suspected to be related to the infant and young children formula products, including one anonymous complaint without contact information. The CFS and the Environmental Hygiene Branch have promptly followed up on all cases, including contacting the parties concerned to obtain details and collecting samples for testing. In addition, the CFS has referred the cases to the health department for follow-up. At present, no food poisoning cases related to the formula have been recorded.

Bacillus cereus is commonly found in the environment. Unhygienic conditions in food processing and storage may give rise to its growth. Cereulide is a heat-stable toxin produced in food by some strains of Bacillus cereus. Consuming food contaminated with excessive Bacillus cereus or its heat-stable toxins may cause gastrointestinal upset such as vomiting and diarrhoea.

The spokesman urged members of the public not to let infants and young children consume the affected batches of the products, and to seek medical treatment for infants or young children who felt unwell after taking the products concerned. The trade should also stop using or selling the affected batches of the products immediately.

"The CFS continues to closely monitor the developments of the situation, follow up and take appropriate action," the spokesman said.

Source: AI-found images