Hong Kong Passport Ranking, Where Do You Think It Stands?

Dear Global Business Enthusiast,

Michael Michelini (@michelini) here. You’re getting this email because you requested my periodic thoughts on international business from Hong Kong.

[Edit: Actually, it’s possible that you’ve never gotten an email from me. Somebody might have just given you the link to this page, which is an online archive of an email that I sent to folks who had asked for it. If you’d like to get articles like this in your inbox, totally free, about once a week or two, give me your email address.]
This week: Instagram’s New Shoppable Tags Follow Lead Taken By Chinese Social Commerce Sites, Hong Kong Has the World’s 16th Most Powerful Passport and US Tightening Buoys Hong Kong Banks’ Profitability

Welcome to GFA Pulse #178

Business Help & Opportunity
We represent several carefully selected Israeli consumer brands – skin care and personal care, devices and creams/masks/etc. in these spaces. The products are well branded and established, priced for good value, with uniqueness and competitive advantages. We seek distributors and resellers in China, mostly online but also traditional offline.

Business News From Around Asia

Instagram is expanding its shopping features, allowing merchants to add shopping tags to their social media posts as the US photo and video-sharing giant takes a leaf out of the book of Chinese social commerce networks.

Hong Kong Has the World’s 16th Most Powerful Passport
Hong Kong has moved up five places to snag 16th place in the world’s most powerful passports with visa-free access to 169 countries, according to the latest edition of the Henley & Partners Passport Index. It shares the sixteenth place with Bulgaria, Croatia and Romania. The city previously held 21st place with visa-free access to only 155 countries.

US Tightening Buoys Hong Kong Banks’ Profitability
As the local currency continues to move in tandem with tightening US monetary policy, Hong Kong banks are set for improved net interest margins and enhanced profitability, according to credit rating agency Moody’s. 

From the Global From Asia Media Desk

This week’s podcast

We are bringing on a guest to help us out – Max from BidX – an Amazon PPC software startup that is coming on the scene. Cadrian has been chatting to him and using their software ad we want to do a special episode today where he gives us some specific advice about our campaigns.

Looking to set up a US company as a non-citizen? This is a guide in response to the huge response we received on how to open a US bank account from overseas. The best way to open a US bank account as an overseas non-resident is to register a US company, and today we will go through that process, enjoy!

USA Incorporation for Foreigners

Let’s meetup and share this coming July 10, 2018 at 7 pm to 9 pm in Sheung Wan, Hong Kong Naked Hub 40 Bonham Strand, 7th Floor! We will have a panel of Amazon FBA sellers running their business from Asia, Hong Kong, China and Southeast Asia. 

Rose provide document translation services for small and mid-sized businesses, unmatched quality and attentive client service could be competitive differentiators in the language services industry.

AiServe is and early stage German startup, building a service platform for visually impaired. Using artificial intelligence, computer vision and smart glasses. The management team (former Microsoft and Alibaba invested startup employees) have long experience in China, US and Europe.

Right after the Cross border Summit – we took a few people for an additional (ie upsell!) trip to the Canton Fair. It was the first time we have tried adding a trip after the summit, and while we were tired it was well worth that extra time talking to these participants who wanted to get that extra China experience and visit at the Canton fair.

Sent June 21, 2018

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Keep in Touch

I’d love to hear from you!

– Michael Michelini
mike @ globalfromasia.com
Hong Kong


Global From Asia Team

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