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Hong Kong Launches Asia IP Exchange
05 December 2013
Hong Kong officially relaunched the new-look Asia IP Exchange today, as part of the opening ceremony of the third Business of IP Asia Forum. The exchange, which now includes 21 partners from Asia, Europe and North America, lists over 20,000 tradable IP assets and aims to promote Hong Kong as the leading IP trading hub in the region.
Hong Kong Trade Development Council executive director Fred Lam, who also spoke at the opening session, said that “Hong Kong has long been one of the world’s key trading economies and a global financial centre. Now, with mainland China taking off as an important IP supplier and user, Hong Kong is poised to become the Asian region’s IP trading hub. The Exchange is designed to put IP owners and prospective buyers together. Business should follow.”
Speaking at the same launch event, CY Leung, the Hong Kong chief executive, said that the Business of IP Asia Forum has become an important regional event which will help to cement Hong Kong’s position as an IP hub. “Hong Kong has a knowledge-based economy, and IP has become an important asset and a currency for growth. It is not easy to put a value on ideas, but we need them if the economy is to grow.”
