MILAN, Nov. 14 (Class Editori) – A group of 10 technology companies - 6 of which are Italian and the other English - are meeting these days, until Friday 15, Chinese investors and entrepreneurs potentially interested in their activities in a series of meetings, some one to one, organized by the the Hong Kong branch of Intesa Sanpaolo, with the collaboration of the Italian consulates in Hong Kong and the Hong Kong Chamber of Commerce.
The meetings, which will eventually be about 150, are taking place between Hong Kong, in the Greater Bay Area, one of the most dynamic and high-income areas of the People's Republic of China, which has 70 million high-income inhabitants, compared to the Chinese average, a network of physical and digital infrastructures for communication of the highest level, and a large number of special economic zones dedicated to specific sectors, which stimulate foreign investments.
"The Greater Bay Area, with its business ecosystem and important development prospects supported by a GDP that is expected to double in the ten years compared to the current 1,400 billion dollars, represents a unique opportunity for the most dynamic European companies. In this context, Intesa Sanpaolo, thanks to the broad international network of the Corporate and Investment Banking Division, can play a leading role by intermediary not only capital but also know-how, innovation and technology, thus paving the way for a new method of banking a highly competitive geographical context," explained Alessandro Vitale, the general manager of the Hong Kong branch of Intesa Sanpaolo, who organized the meetings.
Vitale also relied on the collaboration, in identifying the counterparts, of The Floor team, the Israeli startup acceleration platform that a year ago inaugurated a new office in Hong Konge that has entered into an agreement with the Innovation center of Intesa Sanpaolo with the aim of helping startups to start their businesses, also in synergy with large international markets.
The ELITE structure, the Italian stock exchange company that selects the companies eligible for listing on the stock exchange, and Nuo Capital, a family office, shareholder of Elite, also contributed to these initiatives. In fact, in addition to private and venture capital funds, the main target of the companies presented in these days, there were also some family offices, which manage the assets of important Chinese and Asian families.
"The strategic collaboration between ELITE, Intesa Sanpaolo and Nuo Capital is further strengthened thanks to an ambitious project like this first Elite Greater Bay Area Roadshow in Hong Kong and Shenzhen, which allowed selected companies in our network to meet the financial community and counterparts of the Greater Bay Area," remarked Luca Peyrano, CEO of ELITE and manager of Borsa Italiana.
The companies presented are active in the software, consumer goods, smart cities and biotechnology sectors.
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