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Monday, 19 June 2017, 20:01 HKT/SGT
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Source: INNONATION
The 3rd China-Israel Investment Summit (Hong Kong)
Transnational Summit for Chinese Investors and Israeli Innovations;
To Open Doors for Business and Make Strides in Asian Market

HONG KONG, June 19, 2017 - (ACN Newswire) - The 3rd China-Israel Investment Summit (Hong Kong) (the "Summit") will be held at the Grand Hyatt Hong Kong Hotel on June 26, 2017 (Monday). The event is organised by INNONATION, and hosted by INFINITY Group, the Youth Innovation and Development Alliance ("YIDA"), and The Consulate General of Israel in Hong Kong and Macau. A press conference was held today to give investors and the general public a peek into the latest high-tech scene of Israel.

The Summit is to give leading Israeli start-ups a unique opportunity to forge relationships with Chinese investment houses, venture capital firms, and private investors seeking new opportunities, as well as to give attendees exposure to over 120 promising Israeli start-ups and technology companies. It is a rare opportunity for both parties to meet, understand their respective needs, and discuss business potential that transcends international borders. Following the Hong Kong station, the event will be held in Zhuhai on June 27-28.

Mr. Sagi Karni, Consul General of Israel in Hong Kong and Macau, said, "2016 had been an exciting year for Israeli technology industry. Chinese investment in Israel increased significantly, reflecting not only the strengthening relationships between Israel, Hong Kong and Chinese business communities, but also Israeli Tech ecosystem making its global presence as the 'Start-up Nation'. The Summit provides a unique opportunity for investors to access the innovative Israeli hi-tech ecosystem. We have confidence that the Summit will bear fruits of success for all parties involved."

The Summit gathers representatives from promising and breakthrough Israeli companies and leading players from the Chinese ecosystem under one roof. It features an extensive list of keynote speakers, including influential government representatives, namely, Mr. Zvi Heifetz, Israeli Ambassador to China, Mr. Sagi Karni, Consul General of Israel in Hong Kong and Macau, and Mr. Allen Yeung, Chief Information Officer of Hong Kong. Exclusive company presentations will be given throughout the course of the Summit, and B2B meetings could be prearranged.

Eight key segments are covered in the Summit - Fintech, Cleantech, AI & VR, Mobile & Internet, Industrial Applications, Life Science, Data Science, and Auto Tech, all of which make headlines in today's day and age as they continue to evolve with the introduction of innovative technologies. Representatives from three participating companies gave presentations and demonstrations at the press conference, providing a showcase of the Summit. A leading provider of user awareness and gesture recognition technologies, eyeSight Technologies, demonstrated how their technologies can be applied to IoT (internet of things) & smart homes as well as to automotive. Stratasys presented their 3D printing technique. Phresh explained how they created a food protector with essential oils for smart food purification and preservation technologies.

The Summit plays a modest role in bringing China and Israel closer together. The organiser and hosts are committed to making this event an annual occasion, so as to continue to bring the two ancient cultures together.

About INNONATION
INNONATION is an eco-system for cross-border collaboration promoting innovation online and offline as well as the owner and promotor of global innovation brand . The initiative included the creation of Summits, Media, Accelerators and extensive databases which aggregates profiles of both Chinese investors (2000+) and innovative Israeli companies (6000+) into an easy-to-use online platform in reliance on online technology like AI INNONATION which enables investors, enterprises and governments to freely and directly pair up with innovative companies giving the opportunity to find the relevant opportunities. INNONATION eco-system fits anyone looking to strengthen their China-Israel or cross-border business ties, and make strides in the Asian and other global innovative market. INNONATION eco-system facilities operate in TelAviv and Beijing, and is planning to open a Hong Kong facility.

About INFINITY Group
Infinity Group is a cross-border platform and equity fund known for its strong roots in China and in Israel. Infinity has been operating in cross-border technology investments for over 20 years. During this time, it developed strong and long-lasting relationships with the leadership of the private and public sectors in Israel and has established itself as the trailblazer of cross-border private equity investments and innovation platforms. Infinity Group's core strategy has been to share its access to Israeli technology, know-how and innovation. Using advanced business models, Infinity has been able to invest in various cross-border businesses and mobilize resources and capital.

About YIDA
The Youth Innovation and Development Alliance (YIDA) is a Hong Kong based government-backed charitable organization founded by a group of business professionals. YIDA strives to help the youth realize their true potential through the promotion of innovation, entrepreneurship, and career development initiatives. The organization collaborates with internal and external partners to provide a platform for the youth that facilitates cooperation, seminars and forums, cultural exchanges, mentoring programs, and more. Amongst YIDA's members are fund managers, corporate investors, bankers, lawyers, accountants, and more.

About the Consulate General of Israel in Hong Kong and Macau
The Economic and Trade Mission at the Consulate General of Israel in Hong Kong and Macau focuses on the promotion of trade, investments, and joint ventures between Israel, Hong Kong, and Macau. Through organizing and assisting in a wide range of activities such as exhibitions, delegations, and business matching events, the Economic and Trade mission is committed to providing quality services that connect the business community and organizations on both ends. To contact The Economic and Trade Mission please email to Hongkong@israeltrade.gov.il or call (852) 2821 7509 / (852) 2821 7531.



June 19, 2017 20:01 HKT/SGT
Topic: Press release summary
Sectors: Daily News
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From the Asia Corporate News Network


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INNONATION
June 26, 2017 20:50 HKT/SGT
Closer Together: Union of Best of China and Israel at 3rd China-Israel Investment Summit (Hong Kong)
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