Foreign firms debut in HK to access mainland market

A number of foreign companies have made their debut at the annual Hong Kong Fintech Week and StartmeupHK that commenced on Monday, hoping to use the SAR as a springboard to tap into the mainland market. They include a Canadian company that produces renewable fuels. Jag Singh from SBI BioEnergy noted that his firm can contribute to the SAR’s green aviation development, and hopes to also explore opportunities in the mainland market. “Everyone in the world has a shortage of sustainable aviation fuel and a target to blend sustainable aviation fuel,” he said. “So we are helping to achieve that and we can do it globally because it's our own process modular, and we have all the control of the technology because we have the hydrogen production as well as the conversion system in them.” Singh went on to say that the firm’s next goal is to expand even further in Asia through Hong Kong. "We hear a lot about the great agreements and structures here and IP protection, and that's very important to us because these are our babies – these are our patented processes – we spent a lot of time and blood, sweat and tears to make this happen," he said. "So I think...