Hong Kong’s next big bet: Becoming China’s tech IP gateway

Since 2021, Hong Kong’s role as a regional intellectual property (IP) trading hub has been written into China’s five-year plans. It has also been a key promise in policy addresses from two consecutive chief executives, Carrie Lam and John Lee. The strategy is clear: turn Hong Kong into a servicing centre for IP in the Greater Bay Area, with the potential to expand across China and the wider Asia-Pacific region. Hong Kong brings clear advantages to this role. It has a well-established legal system, strong financial infrastructure, and international recognition. These are essential for protecting and trading patents, trademarks, and copyrights. IP refers to creations of the mind, such as inventions, designs, and brand names. Trading IP means buying, selling, or licensing these rights. As Chinese tech firms grow, their need to protect and monetise new ideas is rising sharply. Hong Kong’s position as a bridge between mainland China and global markets makes it a natural fit for this business. With the right support, the city could become a major gateway for Chinese technology companies seeking global IP protection and revenue. The potential is significant, but the work has only just begun.