SaaS · Energy
HONG KONG, Sept 8, 2026 - 7 September 2026, Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of Hong Kong Special Administrative Region (HKSAR), CENTRESTAGE, Asia’s annual premier fashion event and a flagship event of the third Hong Kong Fashion Fest concluded successfully on 5 September. The highlight of the closing evening was the grand finale of the Hong Kong Young Fashion Designers’ Contest 2026 (YDC), where 10 up-and-coming local fashion designers unleashed their potential. Drawing from personal experiences and inner emotions, their collections told unique stories through distinctive tailoring and materials. Featuring a diverse range of vivid styles, the designs perfectly echoed this year's YDC promotional theme, "YOU." and featured a high-standard runway show for the audience. The evening welcomed a legion of celebrities and artists including Will Or, elka@Lolly Talk, Kaki Sham, Crystal Cheung, Ah Mui, Rachel Leung, Yatho Wong, Dylan So, Karl Ting, William Chang and Irving Cheung adding glamour and excitement to the competition as they showed their support and cheered on the participating designers.
Will Or(wearing MARCCH)
elka@Lolly Talk(wearing gnastiy.com)
Kaki Sham(wearing MARCCH, STUDIO REDEMPTIVE)
Crystal Cheung(wearing elio, KOWLOON CITY BOY)
Rachel Leung(wearing BICY YIP, elio, JACL)
Yatho Wong(wearing MARCCH, YAMA GUEST, KOWLOON CITY BOY)
After careful deliberation, a panel of professional judges selected four major award winners from the 10 finalists’ collections. Tsui Ao Lung emerged as Champion with his outstanding design and received a cash prize of HK$60,000 and an overseas internship sponsored by Fang Brothers Knitting Ltd. Cheang King Tung, Kenneth received the Excellence Award and Best Art Direction Award, securing a cash prize of HK$40,000, an overseas study trip sponsored by MINI HK for the former, and collecting a cash prize of HK$10,000, a five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, for the latter. The “My Favourite Collection” Award, decided by public voting, went to Lam Chun Ni, Jenny, who was awarded a HK$30,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan.
Champion
Designer: Tsui Ao Lung
Design: The Tide
The design: “In truth, everyone is the same—we are all inside one massive ‘raging tide.’
“The Tide” takes inspiration from a classic Cantopop hit Kuang Chao. Through the four stages of a woman’s life, the collection depicts the ebbs, flows and turbulence of human existence driven by emotion and destiny.
Prizes: Cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd.
The full list of winners from YDC 2026 is as follows:
Champion: Tsui Ao Lung; Design: ”The Tide”
Excellence Award: Cheang King Tung, Kenneth; Design: ”NOSTALGIA”
Best Art Direction Award: Cheang King Tung, Kenneth; Design: ”NOSTALGIA”
My Favourite Collection Award: Lam Chun Ni, Jenny; Design: ”The Old Si-Fut and New Chai”
Tsui Ao Lung, winner of the Champion title, presented a collection titled “The Tide", which takes inspiration from a classic Cantopop hit Kuang Chao. Through the four stages of a woman’s life, the collection depicts the ebbs, flows and turbulence of human existence driven by emotion and destiny. Reflecting on the demanding creative process, Mr Tsui shared: "My immediate feeling upon winning is sheer exhaustion, as this collection required extensive handcrafting. I deliberately chose artisanal materials that are a stark departure from mainstream fabrics. I believe this award will bring more visibility, but more importantly, participating in YDC has helped me truly discover my future direction and the design aesthetic I am committed to pursuing."
Excellence Award and Best Art Direction winner Cheang King Tung, Kenneth presented the collection “NOSTALGIA”. Drawing inspiration from the 1983 film Nostalghia, the work explores the concepts of homeland, distance and yearning, translating his memories of Hong Kong into the language of clothing. The collection draws inspiration from Hong Kong's humid air, harbours, fishing villages, typhoon shelters and industrial landscapes. Through hand-dyeing, sewing, and experimental material treatments, it showcases the traces left behind by the passage of time. Each piece is like a poem written to Hong Kong, documenting memories, emotions, and the connection between people and the city. Sharing his thoughts after the win, Mr Cheang said: "Participating in this year's YDC has been incredibly rewarding. I am very happy that my non-mainstream work has gained mainstream recognition on the YDC platform, which further affirms my future creative direction. I believe the winning edge of my work lies in presenting a relatively complete worldview, and my method of expression was also more dramatic."
The My Favourite Collection Award was decided by public voting and the winner was Lam Chun Ni, Jenny for the collection "The Old Si-Fut and New Chai”. The work is set against the backdrop of Hong Kong’s workplace culture, exploring the dynamic between the veteran "old-timers" (si-futs) and the "rookies" (new chais). She translates common workplace dictums—such as "be humble", "talk less" and "endure hardship before you succeed"—into design elements. Through variations in garment structure, proportions, and details, she captures a state of mind caught between wanting to follow the rules and the urge to rebel, as well as the growth process from imitation and integration to a re-evaluation of young people.
Sharing her thoughts after the win, Ms Lam said: "Joining YDC has given me many opportunities for growth and exposure, and I am very glad that my work can be seen by more people. Thank you all for supporting this theme. Perhaps the 'old-timer' workplace phenomenon resonates deeply with everyone, and I am incredibly grateful to everyone who voted for me. Winning this award is all thanks to the immense support my friends and family have continuously given me."
Internationally renowned judging panel praises show for perfect fusion of Hong Kong culture and creativity
This year’s YDC featured a distinguished judging panel comprising seasoned professionals from the fashion industry and media. The panel was chaired by Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee, who served as Chief Judge. The VIP Judge role was taken up by Rok Hwang, founder and Creative Director of ROKH. Overseas Judge Olya Kuryshchuk, Founder & Editor-in-Chief of 1 Granary, was unable to attend the event in person buy she reviewed the shortlisted entries and provided her expert feedback ahead of the judging process. Other esteemed judges included Tracey Cheng, Vice President of Merchandising Planning and Business Development at I.T; Jonathan Lee, Co-founder of The Molecule; Cherry Mui, Editorial Director of Vogue Hong Kong; and Kieran Ho, Senior Vice President of Hong Kong at PURPLE.
VIP Judge Rok Hwang expressed his appreciation for the young contestants and their energy. “YDC is an outstanding stage for young fashion designers. The show was energetic and inspiring, showcasing a brilliant mixture of Hong Kong culture and creative energy. The winning collection truly stood out in terms of emotion and color, paired with a dramatic entrance. Once again I want to congratulate all the winners and send my best wishes to them.”
Mentoring the YDC contestants this year were Alex Po and Derek Cheng, founders of PONDER.ER. Drawing on their extensive industry experience, the duo provided valuable guidance to the 10 finalists throughout the competition.
MINI HK has been the lead sponsor of the YDC for ten consecutive years. To celebrate this milestone, nine YDC alumni winners was invited to create a series of Iconic 3-Door All Electric MINI Cooper and the Stylish yet playful All Electric MINI Aceman 5-door car-wrap graphics, forming a one-of-a-kind limited-edition collection. The tenth design was created by the winner of the MINI-sponsored award at YDC 2026, bringing together YDC 2026’s theme, “YOU.”, and MINI HK’s “Express Yourself” philosophy. The collaboration encourages every driver to express their individuality in their own way.
Beyond the exclusive car-wrap designs, MINI Hong Kong also presented a special stage programme at the Grand Final, featuring local actors alongside real MINI owners to share the stories behind their journeys with MINI. The performance brought together 16 local actors, members of the public and also MINI loyalists, including Kaki Sham, Crystal Cheung, Ah Mui, Rachel Leung, Yatho Wong, Dylan So, Amy Echulace, Ocean On, Ray So, Saito Chong, Cheuk laam, and DongDong, creating a heartfelt and inspiring experience on the YDC stage.
Pictured from left to right are: Kieran Ho, Senior Vice President of Hong Kong at PURPLE; Cherry Mui, Editorial Director of Vogue Hong Kong; Jessica Chung, Regional MINI Manager; Ray Leung, Managing Director, BMW Concessionaires (HK) Limited, Hong Kong & Macau; Smilely Lam, Associate Executive Director of the HKTDC, Katherine Fang, Chairman of the HKTDC Garment Advisory Committee; Rok Hwang, Founder and Creative Director, ROKH; Maggie Chui, Senior Manager of Corporate Communications at Hysan Development; Tracey Cheng, Vice President of Merchandise Planning and Business Development, I.T; Jonathan Lee, Co-founder of The Molecule; Tsui Ao Lung, Champion of YDC 2026; Kenneth Cheang, Excellence Award & Best Art Direction Winner; and Jenny Lam, My Favourite Collection Winner.
EXCELLENCE AWARD and BEST ART DIRECTION
Designer: Cheang King Tung, Kenneth
Design: NOSTALGIA
The design: “Through this collection, I want to present the Hong Kong that I see”
“NOSTALGIA” draws inspiration from the 1983 film Nostalghia. Through an exploration of "homeland," "distance," and "yearning," he translates his feelings for Hong Kong into a poem written through clothes. Rather than re-creating specific scenes from the movie, the collection extracts its emotions and rhythm, transforming them into a sensory language unique to his relationship with the city.
Prizes (Excellence Award): Cash prize of HK$40,000, an overseas study trip sponsored by MINI HK.
Prizes (BEST ART DIRECTION): Cash prize of HK$10,000, a 5-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$ 30,000.
MY FAVOURITE COLLECTION
Designer: Lam Chun Ni, Jenny
Design: The Old Si-Fut and New Chai
The design: “I want to use design to respond to these words”
“The Old Si-Fut and New Chai” is set against the backdrop of Hong Kong’s workplace, exploring the dynamic between the veteran "old-timers" (si-futs) and the "rookies" (new chais). She translates common workplace dictums—such as "be humble," "talk less," and "endure hardship before you succeed"—into design elements, capturing a state of mind caught between wanting to follow the rules and the urge to rebel.
Prizes: HK$ 30,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan
For more photos from the grand finale, please visit: https://bit.ly/466pyDc
Saito Chong
(wearing YAMA GUEST)
Dong Dong (left, wearing elio) and Cheuk Laam (right, wearing STUDIO REDEMPTIVE)
Karl Ting
(wearing Voyage)
Inky Leong
(wearing KOWLOON CITY BOY)
William Chang
Ah Mui (left, wearing BICY YIP, elio), Amy Echulace (centre, wearing JACL, elio), Jason Hong (right, wearing MARCCH, KOWLOON CITY BOY)
MINI Guest Benny (left, wearing KOWLOON CITY BOY), his father (centre, wearing STUDIO REDEMPTIVE, KOWLOON CITY BOY, elio), Dylan So (right, MOODLABBYLORRAINE, KOWLOON CITY BOY)
Ocean On (left, wearing BICY YIP) and Ray So (right, wearing STUDIO REDEMPTIVE, YAMA GUEST)
MINI HK has been the lead sponsor of the YDC for ten consecutive years. To celebrate this milestone, nine YDC alumni winners was invited to create a series of Iconic 3-Door All Electric MINI Cooper and the Stylish yet playful All Electric MINI Aceman 5-door car-wrap graphics, forming a one-of-a-kind limited-edition collection.
The tenth design was created by the winner of the MINI-sponsored award at YDC 2026, bringing together YDC 2026’s theme, “YOU.”, and MINI HK’s “Express Yourself” philosophy. The collaboration encourages every driver to express their individuality in their own way.
Pictured from left to right in back row are: Jason, Amy, Crystal, Zoey (little girl), Dong Dong, Cheuk Laam
Pictured from left to right in second row are: Kaki, Ah Mui, Rachel, Ada, Saito, Dylan So, Benny Father, Benny, Yatho, Ocean, Ray
Pictured from left to right in front row are: Designers K Ng, Lau Hei, Wilson Choi, Toki Wong, Louis Chow, Bicy Yeung, Johnson Chong
FASHIONALLY COLLECTIONS #26
FASHIONALLY.COM, dedicated to promoting young Hong Kong designers, also hosted several presentations. FASHIONALLY COLLECTION #26 showcased the latest works of MARCCH, MURFI LAU, and OUS; while phenotypsetter, Oplus2, and Szmannie launched their new collections via FASHIONALLY Presentation.
FASHIONALLY COLLECTION #26
MARRCH / Theme: “Decay”
MURFI LAU / Theme: “Faust of Victoria”
OUS / Theme: “Hex-Grid Domain”
For further details regarding the FASHIONALLY designers and their collections, please refer to the following link: here
FASHIONALLY Presentation: phenotypsetter
Theme: Layers of Spontaneity
The collection, Layers of Spontaneity, captures the poetic transition from a workspace "mess" to an intentional masterpiece. It is an attitude rendered in cloth—where rigid tailoring meets the fluid decay of found textiles. Through an exclusive monochromatic lens, the collection utilizes unconventional silhouettes, tactile fabric manipulations, upcycled elements, and spontaneous layering to build a narrative of textured imperfection. It is a celebration of the impromptu touch, inviting the individual to co-create the final silhouette.
FASHIONALLY Presentation: Oplus2
Theme: My Wayward One
The new collection explores the transformative power of form and structure through the lens of “flower structure”—how petals, stems, and branching forms create both stability and effortless movement. Inspired by the way flowers are engineered by nature, the collection interprets floral geometry as a foundation for personal expression, turning organic design language into wearable silhouettes.
FASHIONALLY Presentation: Szmannie
Theme: The Devotion
Inspired by 1920s Art Deco, this collection fuses bold geometric lines with delicate Oriental grace. We celebrate the independent woman through ethereal feather accents, intricate embroidery, and artisanal layering. Each piece balances vintage opulence with modern architectural silhouettes, embodying a spirit that is free, resilient, and unapologetic. In the heart of winter, these designs stand as a testament to the power of feminine autonomy, blending rich textures and precise craftsmanship to create an elegant, contemporary aesthetic that defies compromise.
Photo download: https://bit.ly/4xG73RY
Websites
CENTRESTAGE: www.centrestage.com.hk
Hong Kong Young Fashion Designers’ Contest (YDC): www.fashionally.com/en/YDC
Background information, collection details and photos of the 10 YDC finalists are available for download at this link: here
Media enquiries
PURPLE:
Fiona Wong
Tel: (852) 9221 1056
Email: fiona.wong@purplepr.com
Yannis Sin
Tel: (852) 6226 3398
Email: yannis.sin@purplepr.com
HKTDC’s Communications & Public Affairs Department:
Katy Wong
Tel: (852) 2584 4524
Email: katy.ky.wong@hktdc.org
Jane Cheung
Tel: (852) 2584 4137
Email: jane.mh.cheung@hktdc.org
HKTDC Newsroom: https://mediaroom.hktdc.com/en
About HKTDC
The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedIn
About Cultural and Creative Industries Development Agency (CCIDA)
The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.
About Hong Kong Fashion Fest
Announced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, "Hong Kong Fashion Fest" will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme "Rhythm of the Heart", the third edition of Hong Kong Fashion Fest will be held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE - the annual fashion extravaganza organised by the Hong Kong Trade Development Council - to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange.
Sep 8 · 03:34·ACN Newswire
Industrial
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Finance · AI
HONG KONG, Sept 7, 2026 - Crealights Technology Co., Ltd. (“Crealights” or the “Company”, Stock Code: 1191.HK) has been officially included as a constituent stock of the Hang Seng Composite Index, becoming eligible for the Stock Connect trading scheme starting today. Mainland investors can now trade the Company’s shares directly through the Stock Connect channels, which is expected to further broaden the Company’s investor base and enhance its share trading liquidity.
This inclusion follows the Hang Seng Index Company's quarterly review results for the period ended June 30, 2026, announced on August 21, 2026. The inclusion deepens the Company’s connection with the onshore capital market, which is expected to attract greater long-term capital interest and provide more diversified capital market support for the Company’s long-term value growth.
Continuous Financial Deliverables and Accelerated Product Structure Upgrades
The Company released its post-listing interim results on August 28. During the reporting period, total revenue reached RMB798.5 million, representing a year-on-year increase of 14.4% and a half-on-half growth of 52.7%. The revenue contribution from silicon photonics products surged significantly from 15.3% in the same period last year to 39.0%, as the Company’s business structure continues to upgrade toward higher-speed and higher-value-added solutions.
With 800G silicon photonics modules entering the volume shipment stage—supporting maximum transmission distances of up to approximately two kilometers—the Company’s large-scale commercial application capabilities in silicon photonics technology have been further validated. During the reporting period, R&D expenses increased by 58.5% year-on-year to RMB67.8 million, raising its proportion of total revenue to 8.5%. These investments were primarily channeled into continuous R&D for high-speed optical interconnects and next-generation silicon photonics products, securing technical reserves for subsequent product iteration and commercialization.
Multi-Dimensional Growth Drivers to Capture Long-Cycle AI Infrastructure Dividends
The accelerated construction of AI data centers has driven a sustained surge in demand for high-speed optical interconnects. The global market for AI optical modules is projected to maintain a compound annual growth rate of approximately 30% over the next five years, unlocking long-term growth opportunities for the silicon photonics and high-speed optical interconnect industries. Leveraging its end-to-end technological capabilities spanning silicon photonics chip design to optical module manufacturing, and bolstered by the secured supply of 10 million DSP chips, the Company has successfully consolidated its supply chain advantages.
On the product front, the Company’s 800G silicon photonics optical modules have achieved volume shipments, and 1.6T products are scheduled to enter large-scale mass production in the second half of 2026. Meanwhile, the Company is actively deploying next-generation high-speed interconnection solutions such as PCIe 6.0/7.0 silicon photonics AOCs and 3.2T/6.4T NPO/CPO products. On the capacity and manufacturing front, it continues to advance expansion and AI-powered smart manufacturing to further improve mass production efficiency and yield rates. On the client side, it is deepening domestic JDM cooperation while continuously breaking through major North American core customers.
Looking back at the first half of 2026, multiple key milestones were densely delivered, and long-term momentum is set to be continuously released. Entering the second half of the year, the Company will persistently enhance its competitiveness across capacity, manufacturing processes, products, and clients, capturing the long-term growth opportunities of the high-speed optical interconnect industry. This inclusion in Stock Connect marks a new milestone for the Company to connect with a broader capital market and march toward long-term value growth.
About Crealights Technology Co., Ltd. (1191.HK)
Crealights Technology Co., Ltd. is a joint-stock company incorporated in the People's Republic of China with limited liability, whose shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 1191.HK). Rooted in the forefront of optical communications, the Company focuses on the R&D, manufacturing, and sales of high-speed optical interconnection products, dedicated to providing high-performance and highly reliable optical communication solutions for global data centers, cloud computing, and telecommunication network customers. Led by its founder and CEO, Dr. Chaoyang Hu, the Company has established a solid market position and an exceptional industry reputation in the high-speed optical transmission field, underpinned by outstanding R&D innovation capabilities, rigorous quality management, and a comprehensive supply chain layout.
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Sep 6 · 12:45·PR Newswire
Finance · SaaS
HONG KONG, Sep 6, 2026 - The 45th Hong Kong Watch & Clock Fair and the 14th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Limited, and The Federation of Hong Kong Watch Trades & Industries Limited, concluded successfully yesterday. Meanwhile, the Click2Match smart business matching platform remains open until 12 September, allowing exhibitors and buyers worldwide to continue their business discussions online.
To celebrate the 45th edition of the Hong Kong Watch & Clock Fair, the organiser specially created a “Time Tunnel”, allowing visitors to journey through the fair’s history and revisit three key milestones since its inception in 1982.
Over the five-day fair, over 17,000 trade buyers from 115 countries and regions attended to source watch and clock products. Buyers from outside Hong Kong mainly came from the Chinese Mainland, Taiwan, India, Japan, Russia and the US, as well as ASEAN countries including Indonesia, Malaysia, the Philippines and Thailand. Buyer attendance from North America, ASEAN and Latin America recorded significant growth, underscoring Hong Kong’s pivotal role as an international trading centre and premier sourcing hub for the global watch and clock industry in Asia.
The 45th Hong Kong Watch & Clock Fair and the 14th Salon de TIME concluded successfully yesterday, attracting over 17,000 buyers from 115 countries and regions who visited the fairs to source products and explore business opportunities.
Salon de TIME was fully open to the public with free admission. Together with CENTRESTAGE, held concurrently, the two events attracted over 20,000 public visits for shopping and visits, showcasing the latest products from more than 400 watch and fashion brands.
Salon de TIME was fully open to the public, inviting visitors to explore the latest watch collections, shop for their favourite timepieces and participate in a wide range of exciting onsite activities.
HKTDC Associate Executive Director Smilely Lam said: "As the world's largest one-stop watch and clock marketplace, the Hong Kong Watch & Clock Fair and Salon de TIME connect the entire value chain spanning manufacturing, sourcing and brand promotion, bringing together brands, watchmakers, suppliers, retailers, collectors, watch media and enthusiasts from around the world to create a comprehensive industry ecosystem. This year, Salon de TIME attracted more than 150 brands from across the globe, achieving a record scale and further enhancing the fair's international profile and diversity. The number of exhibitors in the Microbrands zone doubled compared with last year. From what we observed at the fair, there is strong market demand for microbrands, Guochao-inspired watches, and cross-industry collaborations, reflecting consumers' growing appreciation for personalised designs, cultural and creative elements, and compelling brand stories.
World Brand Piazza, a signature attraction of Salon de TIME, showcased six world-renowned watch brands.This year, Salon de TIME featured many Chinese Mainland brands and renowned independent watchmakers showcasing Guochao timepieces, including Shanghai Watch, FIYTA, and Zbioland.
The fairs created opportunities for industry players worldwide to connect, collaborate and forge business partnerships, and also fully demonstrated Hong Kong's strengths as an international trading platform by attracting global opportunities to Hong Kong while helping Hong Kong and Chinese Mainland enterprises and brands expand into overseas markets."
Survey finds strong growth prospects in Latin America and Korea
During the fair, HKTDC conducted a survey, interviewing around 890 exhibitors and buyers to gain insights into the future development of the global watch and clock industry, as well as industry perceptions of market prospects and product trends. The survey found that 50% of respondents expect overall sales to increase over the next 12 to 24 months, while 43% anticipate sales will remain stable.
Respondents identified the following target markets as offering promising or very promising growth prospects for the watch and clock industry over the next two years such as Latin America (68%), Korea (67%), the Middle East (64%), Australia (64%) and South Africa (64%).
Regarding product trends, 37% of respondents believe fashion watches offer the greatest growth potential, followed by smart watches (30%) and casual watches (26%).
Exhibitors and buyers report robust business results
A representative of the Hengyang, Hunan pavilion, Lu Yalan, Brand Manager of Nanyue Watches at Hunan Shengshi Weide Technology Co., Ltd., said: “The Hong Kong Watch & Clock Fair is an international event that fully leverages Hong Kong’s unique strengths as a gateway connecting the Chinese Mainland and the world, as well as its blend of Eastern and Western cultures, making it an ideal platform for us to expand into overseas markets. We have already connected with potential buyers from India, Italy, and Malaysia, including an Italian buyer who is interested in purchasing 2,000 watches. We expect sales generated during the five-day fair to exceed US$3 million. Through HKTDC’s extensive international business network, we hope to bring watches that embody distinctive Chinese cultural elements to a wider range of overseas markets.”
Chauncey Chiu, Senior Sales Manager, Peacock Watch (Group) Co., Ltd., said: “Global recognition of Chinese watchmaking has continued to grow in recent years, and we are leveraging the Hong Kong Watch & Clock Fair to further expand into overseas markets, particularly Europe and the US. This year, we have also made first-time connections with new customers from Kuwait and Mexico. During the fair, we secured orders every day, and we expect total sales generated from this year’s fair to exceed RMB10 million.”
Nabil Dabaan, CEO of Jovial, a watch wholesaler and retailer from the United Arab Emirates, said: “During this year’s fair, we expect to source approximately US$1 million worth of watch components from nine suppliers, including two newly identified suppliers. In addition, we plan to purchase around US$250,000 worth of packaging boxes, shopping bags and display materials.”
CN Innovations Limited, which has participated every Hong Kong Watch & Clock Fair since the beginning, marked the fair’s 45th edition this year by showcasing innovative achievements, including 3D-printed titanium watches. SK Chong, Business Development Director of CN Innovation Limited, said: “We have participated in the Hong Kong Watch & Clock Fair for 45 consecutive years, and it remains an irreplaceable platform for our business. Over the years, the fair's role has evolved significantly, transforming from a venue focused primarily on direct, transaction-driven trade into a strategic platform for industry exchange and market promotion. As the world's largest importer of watches and a leading exporter, Hong Kong offers the ideal stage to showcase our rich heritage and our latest innovations and R&D achievements.”
At Salon de TIME, several exhibitors showcased watches inspired by the Guochao trend. Among them, Sun International Concepts Ltd. presented five renowned Chinese Mainland watch brands, including creations by Xushu Ma, Zehua Tan and Lin Yonghua, members of the Académie Horlogère des Créateurs Indépendants (AHCI) from the Chinese Mainland, who showcased their craftsmanship through distinctive Chinese timepieces.
David Sun, the company's Executive Director, said the company received 17 enquiries for bespoke timepieces, including eight from Dubai, the Philippines, Thailand and other overseas markets, generating customised watch orders totalling HK$4 million. He added that the exhibition provides an effective platform for brands to connect with collectors and overseas distributors, helping Chinese Mainland brands expand into overseas retail channels and international markets. As an international platform, the fair also supports brands in expanding their overseas distribution networks and accelerating their global growth.
Leveraging the Salon de TIME as an important platform for international expansion, Sea-Gull Watch and Shanghai Watch also held product launch events during the fair, showcasing Chinese watchmaking craftsmanship and innovative technologies to the international market. George Xu, CEO, Fosun Watch Group, said: “The two brands have engaged with customers from markets including India, the Middle East, Russia, Singapore, Thailand and Vietnam. We expect sales generated from this year’s exhibition to exceed HK$1 million. Over the years, the fair has also helped us gradually expand into overseas markets. For example, a Turkish client we met at last year’s fair is now in the process of opening a dedicated retail store in Turkey.
Hong Kong is also a very important market for us. Following the encouraging response to the opening of our first store in Tsim Sha Tsui earlier this year, we plan to launch our flagship store in Central after the fair. This will further strengthen our brand presence and expand our influence in both the Hong Kong and overseas markets.”
The Microbrands zone attracted 29 brands from eight countries and regions this year, more than double the number recorded last year. Making its debut at the fair, MicroMilspec, an independent watch brand from Norway, showcased its new Field Master timepiece in the pavilion and received an overwhelmingly positive response.
Katarina Halvorssen, Customer Relationship Management & Sales Manager, MicroMilspec, said: “More than 170 visitors came to our booth on the first day alone, including customers from Hong Kong, India, the Philippines and the United Arab Emirates. We estimate potential sales of around US$29,000. For us, the fair is not only an opportunity to showcase our brand, but also an important gateway to the Asian market.”
Watchcatavlog from Hong Kong, a returning exhibitor, showcased 10 microbrands this year. Its Founder, Ciff Luk, said: “Salon de TIME allows watch enthusiasts to try on and experience the timepieces firsthand through wrist trials, while also helping brands connect directly with international buyers. We expect sales to reach HK$280,000. Visitor inquiries have increased 20% year-on-year, and we have attracted interest from buyers in Brazil, Canada, India, Kuwait, the Philippines, Singapore, and the US. Both visitor traffic and buyer quality have improved this year.”
WOLF, the luxury watch storage and watch winder brand from the UK, made its debut at the Fair and launched Rocket, the world’s most compact travel watch winder, during the exhibition. Michael Jappert, Global Sales Director, WOLF 1834, Limited, said: “Through HKTDC’s Click2Match business matching platform, we have connected with around 40 potential buyers from markets including the Chinese Mainland, Hong Kong, Dubai, Japan, Korea, the Middle East and the US. The platform has enabled us to efficiently identify and engage with quality business prospects from around the world.”
Amarildo Pilo, Owner of PILO & CO SA and Founder of the Swiss Independent Watchmakers Pavilion (SIWP), said: “The fair’s international reach is a key reason why we continue to participate, helping us connect with buyers from Asia, the Middle East and the US. We have met more than 10 clients interested in our products, including three new contacts from Kazakhstan and a buyer from the Chinese Mainland. The SIWP Pavilion has also grown from 10 brands last year to 14 this year, reflecting how HKTDC’s platform helps Swiss independent brands explore new distribution opportunities and further expand into international markets.”
The fairs featured a strong lineup of international exhibitors, including the Swiss Independent Watchmakers Pavilion (SIWP) from Switzerland (above) and Francéclat from France.
LINK2CARE, in collaboration with Swiss watch brand MARVIN, launched a luxury smartwatch that integrates LINK2CARE’s patented leather strap with concealed, medical-grade biometric sensors. The watch provides comprehensive health monitoring and can track users’ resilience and stress levels in real time, with the data displayed directly on the watch dial.
Paul Yuen, Director, Dayton Industrial Co. Ltd, said: “The fair attracted a diverse range of buyers from around the world. We also established a cross-industry partnership with a tour guide to explore new opportunities in the wellness tourism sector. Our watches, priced at over HK$2,000, sold more than 100 units on the first day alone, requiring immediate stock replenishment. In addition, the organiser’s newly introduced Time Arena activity zone, which incorporated trendy elements such as pickleball, significantly enhanced visitor engagement and attracted buyers and consumers from different backgrounds, creating more business opportunities for brands.”
Salon de TIME once again offered free admission to the public, with some brands providing on-site retail sales. Abel Hwong, Publisher & Anchor, World of Luxury Times, led a 26-member delegation to the fair to purchase watches. He said: “We purchased 12 watches from three brands, with a total value exceeding HK$100,000. The fair lets collectors interact directly with brands and buy the timepieces they want, turning collecting enthusiasm into real purchases. It also helps brands connect with more watch enthusiasts and potential customers.”
HKTDC will organise a series of trade fairs this autumn. The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia will be held concurrently at the Hong Kong Convention and Exhibition Centre (HKCEC) from 13 to 16 October. The Hong Kong International Lighting Fair (Autumn Edition) will follow, to be held at the HKCEC from 27 to 30 October, and the Hong Kong International Outdoor and Tech Light Expo will take place at AsiaWorld-Expo from 26 to 29 October. All four fairs will adopt the EXHIBITION+ hybrid format, enabling global buyers and exhibitors to continue business discussions online after the physical exhibitions.
Photo download: https://bit.ly/3UBCJJO
The Hong Kong International Watch Forum (above) and the Asian Watch Conference brought together leading industry experts to share the latest trade data and market trends from watch industries worldwide. Discussions focused on new opportunities created by integrating traditional watchmaking craftsmanship with emerging technologies, as well as strategies for leveraging e-commerce platforms to accelerate market expansion and business growth.
Angela Lee, Permanent Secretary for Commerce and Economic Development of the Hong Kong SAR Government (fourth from the left), Smiley Lam, HKTDC Associate Executive Director (fourth from the right), SK Chong (second from the right) and Frankie Lam (first from the left), Co-Chairmen of HKTDC Hong Kong Watch & Clock Fair 2026 Organising Committee; and various industry representatives officiated at the lion dance eye-dotting ceremony during the Networking Reception on 2 September.
The 43rd Hong Kong Watch & Clock Design Competition featured an Open Group and a Student Group. Celebrity Joey Thye served as a guest judge and attended the awards presentation ceremony.
The “Watch2Care Smart x Lifestyle Experience” took place on 4 and 5 September. Visitors also had the opportunity to experience pickleball, one of the fastest growing and most popular sports trends in recent years.
A series of exciting events were held during the exhibition, including watch parades and new watch launches (above). A lucky draw was also organised, with a wide range of prizes presented to participants.
HKTDC and Hong Kong Tourism Board (MICE promotion partner) offered travel privileges for overseas buyers and media, enhancing the business travel experience for MICE visitors. Attendees rode the Peak Tram to admire the night view of Victoria Harbour — as one of the world's top three nightscapes and enjoy cultural booths showcased during the networking reception.
Media enquiries
Please contact the HKTDC’s Communications & Public Affairs Department:
Johnny Tsui
Tel: (852) 2584 4395
Email: johnny.cy.tsui@hktdc.org
Websites
Hong Kong Watch & Clock Fair: hkwatchfair.hktdc.com
Salon de TIME: hkwatchfair.hktdc.com/te
About HKTDC
The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
Sep 6 · 05:14·ACN Newswire
Finance · SaaS
HONG KONG, Sep 5, 2026 - On 4 September, Capital Industrial Financial Services Group Limited (00730.HK, the “Company” or “Capital Industrial Financial Services”) issued an inside information announcement detailing its strategic expansion into robotics and intelligent manufacturing and a potential acquisition. According to the announcement, Shougang Industrial Investment (Beijing) Technology Innovation Co., Ltd currently holds approximately 24.84% of Beijing Robot Financial Leasing Co., Ltd. (the “Robot Leasing Company”) and, subject to applicable laws and regulations and requisite regulatory and approval procedures, intends to transfer the relevant shares to Capital Industrial Financial Services. The potential acquisition further demonstrates the Company’s strategy of extending its established supply chain management capabilities into the robotics value chain. Going forward, Capital Industrial Financial Services plans to broaden its presence across the upstream and downstream segments of the robotics value chain. Through supply chain management, equipment leasing and related services, it aims to progressively connect component and equipment suppliers, robot manufacturers, corporate end-users and a range of real-world use cases, while further developing services in equipment deployment, demand matching, supply-demand coordination, system integration and data services.
Integrating the Upstream and Downstream Robotics Value Chain: Synergies Across Supply Chain, Use Cases and Data Services
According to the Company’s announcement and publicly available information, the Robot Leasing Company, formerly known as Beijing State-owned Assets Financial Leasing Co., Ltd., was established in March 2014 and completed its business transformation in 2025. Under a “robotics + leasing” model, it supports the deployment of robots in real-world use cases, with a focus on addressing the “last mile” of commercialisation and adoption for innovative products. It primarily purchases robot assets from upstream equipment manufacturers and provides end users with access to equipment and related leasing services, thereby linking the upstream and downstream segments of the robotics value chain. The model is well suited to an industry characterised by rapid technological iteration, the need for real-world validation and demanding operations and maintenance requirements. The Robot Leasing Company currently serves areas including healthcare, education, elderly care, landscaping and water services, industrial manufacturing, commercial services, exhibitions and performances, and sporting events. it had connected with a cumulative 300 application scenarios, established business relationships with more than 130 robot manufacturers and facilitated the deployment of about 500 robots.
On the upstream side, Capital Industrial Financial Services plans to further extend its existing supply chain management capabilities into the robotics sector, leveraging operations and factoring services to facilitate transactions across the value chain and accelerate robot deployment. This is intended to create a business model in which supply chain services and real-world applications reinforce one another.
On the downstream side, the Company plans to address real-world demand through equipment leasing and scenario-based operations. Continued expansion of healthcare, education, landscaping, commercial, industrial-park and manufacturing use cases is expected to directly drive demand for robot procurement and equipment deployment. Going forward, the Company may connect equipment manufacturers with end customers across equipment selection, use-case matching, delivery, operations and maintenance, and post-lease services, allowing downstream demand to drive upstream procurement and gradually creating a cycle of “application demand – equipment deployment – supply chain procurement”.
Data and platform services represent a third area of expansion. Leveraging real-world environments within the Shougang ecosystem, including steel, industrial parks, healthcare and intelligent manufacturing, the Company may further expand into demand identification, supply-demand and procurement matching, system integration and online leasing. In this model, the upstream supply chain addresses “where to source”, downstream use cases address “where to deploy”, while data and platform services capture usage feedback and supply-demand information. Together, these elements can form an integrated value chain spanning supply chain coordination, equipment deployment, use-case operations and data services.
Accelerating Healthcare Supply Chain Expansion: Procurement Demand Connects Healthcare Institutions with Upstream Suppliers
On the same day, in a separate voluntary announcement, Capital Industrial Financial Services disclosed that Beijing West Business Factoring Company Limited, an associate in which the Company holds a 41.41% interest, entered into a strategic cooperation agreement with SHOUYI HEALTHCARE INVESTMENT CO., LTD (“Shouyi Healthcare”) and approved a credit limit of RMB200 million for healthcare supply chain financing projects. The parties will collaborate on commercial factoring and supply chain services across the healthcare supply chain, focusing on procurement activities and supplier-related needs involving pharmaceuticals, medical consumables and medical equipment.
Unlike the robotics business, where the entry point is equipment and real-world applications, the healthcare supply chain is anchored more directly in actual procurement. Procurement of pharmaceuticals, medical consumables and medical equipment connects healthcare institutions with a broad network of upstream suppliers, creating demand for supply chain services around working capital and accounts receivable.
From a business synergy perspective, Capital Industrial Financial Services can leverage these procurement activities to develop commercial factoring and supply chain services addressing the working-capital and accounts-receivable needs between healthcare institutions and upstream suppliers, creating a tangible avenue for extending the Company’s supply chain management capabilities into healthcare.
Interim Revenue Rises 99% Year on Year, with Supply Chain Management Emerging as the Main Growth Driver
Alongside its expansion into new business areas, Capital Industrial Financial Services’ existing supply chain business has continued to scale. In the first half of 2026, the Company recorded revenue of approximately HK$95.15 million, representing a year-on-year increase of 99% and nearly double the level in the corresponding period. Revenue from the supply chain management and financial technology business amounted to approximately HK$68.00 million, up 321% year on year and accounting for approximately 71.5% of the Group’s total revenue, making it the Group’s largest source of revenue. This indicates that supply chain management is becoming a core capability connecting procurement, suppliers, equipment and real-world applications.
At the same time, the Company maintained a sound asset position. As at the end of June, total assets amounted to approximately HK$1.969 billion, while capital and reserves attributable to owners of the Company were approximately HK$1.505 billion. Cash and cash equivalents stood at approximately HK$288 million, and the current ratio was 11.88 times, indicating ample overall liquidity.
Rights Issue Price at a Deep Discount to Book Value Enhances Subscription Appeal
Against the backdrop of rapid growth in its supply chain management business and continued expansion into new industry areas such as robotics and healthcare, Capital Industrial Financial Services has also launched a capital exercise. The Company proposed to consolidate every 50 existing shares into one consolidated share, followed by a rights issue of one rights share for every one consolidated share at a subscription price of HK$6.25 per rights share. Up to approximately 79.0788 million rights shares may be issued, with maximum net proceeds of approximately HK$488 million. For existing shareholders, taking up their rights entitlements on a pro rata basis may help preserve their relative ownership interests in the enlarged share capital while allowing them to participate in the potential growth generated by the Company’s next phase of business expansion.
More importantly, the rights issue price represents a substantial discount to book value. As at the end of June 2026, capital and reserves attributable to owners of the Company were approximately HK$1.505 billion. Based on the theoretical post-consolidation share count, net asset value per share was approximately HK$19.03, implying a discount of approximately 67% for the HK$6.25 rights issue price.
As the supply chain business continues to scale and the Company advances its expansion into robotics, healthcare and other new industry areas, its capital strength and financial flexibility are expected to be further enhanced. The sizeable discount to book value, together with expectations for continued business expansion, is also an important factor likely to draw market attention to the rights issue.
Overall, Capital Industrial Financial Services is advancing its expansion into new industry use cases in robotics and healthcare. In robotics, development is progressing across both upstream and downstream segments of the value chain: upstream, the Company is extending into component and equipment supply chains; downstream, it is addressing real-world demand through equipment leasing and use-case operations, while further expanding into supply-demand matching, system integration, and data and platform services. Together, these activities are gradually creating a business chain spanning supply chain coordination, equipment deployment, real-world applications and supporting services. In healthcare, the Company is leveraging procurement of pharmaceuticals, medical consumables and medical equipment to develop commercial factoring and supply chain services around the needs of healthcare institutions, upstream suppliers and accounts-receivable financing. Building on its existing business base, Capital Industrial Financial Services is progressively applying its supply chain management, financial leasing, commercial factoring and financial technology capabilities across new sectors and use cases, including robotics, intelligent manufacturing and healthcare, while exploring opportunities in robot leasing and operations.
As these businesses move towards implementation, the Company’s future growth drivers are expected to shift from the expansion of individual businesses towards a model of “replicating supply chain capabilities across multiple use cases”, building a business system centred on supply chain management, industrial technology and industrial finance services.
Sep 5 · 06:57·ACN Newswire