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European Chamber of Commerce in Hong Kong

Connecting Europe with Hong Kong for over 25 years
EuroChamHK is the collective voice of European business in Hong Kong, connecting member chambers, companies and policymakers across Hong Kong, Mainland China and Europe.

Founded in 1997, the European Chamber of Commerce in Hong Kong (EuroChamHK) represents 16 European business chambers in the city, including 13 EU chambers as well as the British, Swiss and Norwegian Chambers. Its Board of Directors is composed of representatives from these member chambers.

As a chamber of chambers EuroCham represents the full spectrum of European business interests in Hong Kong. This broad representation strengthens the Chamber’s advocacy and enhances its authority in dialogue with policymakers and stakeholders.​

 

The importance of European businesses in Hong Kong

Over 2,500 European companies - including from the EU, UK, Switzerland and Norway - operate in Hong Kong, with many using the city as their regional headquarters. The EU is Hong Kong’s largest trading partner after mainland China. EU firms form the largest foreign business community in Hong Kong, active across all sectors.​

 

In 2024, the European Union achieved a trade surplus of €18.9 billion with Hong Kong, with €23.3 billion in exports and €4.4 billion in imports. Hong Kong is also a major partner for EU services trade, particularly in telecommunications, information technology, and financial services.

Policy advocacy and engagement

EuroCham, as the collective voice of the European business community in Hong Kong, advocates for an open and competitive business environment through regular engagement with policymakers and stakeholders.

 

This engagement includes:

  • Government officials— Regular dialogue with senior officials, policy bureaux and regulators.

  • Policy addresses and budget — Consultations submissions to the government’s annual Policy Address and Budget consultation process.

  • International Business Committee (IBC) — Engagement with Hong Kong Government officials and international business associations on competitiveness and business environment issues.

  • Mainland China engagement — Exchanges with the Liaison Office and the Office of the Commissioner of the Ministry of Foreign Affairs (OCMFA) in Hong Kong.

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The Chamber regularly organises delegation visits, policy roundtables and stakeholder exchanges to strengthen ties between European businesses, Hong Kong authorities and Mainland China counterparts.

Business councils and working groups

EuroCham’s Business Councils and Working Groups are at the core of the Chamber’s activities. They bring together industry experts and member representatives to discuss policy, regulation, sustainability, market access and economic development.

Current initiatives include:

 

  • Sustainable Finance Working Group

  • Digital Innovation Council

  • European Automotive Council

  • Wine & Spirits Business Council

EuroCham’s working groups and councils also produce position papers, sectoral recommendations and research studies covering areas such as sustainability, financial services, innovation, mobility and trade.

Hong Kong as a gateway to China

Hong Kong plays an important role in connecting Europe with mainland China, with approximately 5% of EU–China trade routed through the city.

However, Hong Kong’s strategic value extends far beyond trade flows.

The city is one of Asia’s leading international financial centres and serves as an important platform for capital raising, asset management and cross-border investment into mainland China. Hong Kong also acts as a financial sandbox for the mainland, enabling the gradual internationalisation of China’s financial markets through initiatives such as Stock Connect, Bond Connect and offshore RMB business.

In addition, Hong Kong remains a major regional logistics and transportation hub, supported by world-class infrastructure, maritime services and international connectivity.

Going forward, the city will act as the spring board for “China Going Global” and will allow EU companies to shape the investment decisions of Chinese companies seeking advice on their expansion abroad.

Moreover, Hong Kong serves as an important platform for dialogue and exchange between Europe, Hong Kong and Mainland China, bringing together governments, regulators, investors and businesses.

Hong Kong as a financial centre

Hong Kong stands as a leading global financial centre, renowned for its sophisticated market infrastructure and pivotal role in bridging Mainland China with international capital flows.

 

The city has established a particularly strong presence in Sustainable Finance, serving as Asia’s top hub for green and sustainable finance, with rapid growth in green bond issuance and a thriving ecosystem of ESG funds.

 

This leadership is supported by innovative government initiatives, including the Green Bond Programme and the launch of the world’s first tokenised government green bond.

 

The Hong Kong Stock Exchange provides access to Asia’s capital markets and is one of the world’s leading IPO venues.

 

Through Hong Kong’s Stock Connect programme, international and mainland Chinese investors can trade eligible shares listed on the Shenzhen, Shanghai, and Hong Kong stock exchanges, enabling mutual market access between mainland China and international investors.

Hong Kong's advantages:

  • Hong Kong is a separate customs territory and a full WTO member.

  • Hong Kong offers a business-friendly environment with free capital flow, no foreign exchange controls, and strong investment protections.

  • The city maintains a stable currency peg between the Hong Kong Dollar and the USD.

  • Hong Kong operates under a common law legal system with internationally recognised arbitration and dispute resolution services.

  • Hong Kong’s bilingual business environment and international talent pool continue to make the city an attractive base for regional headquarters and international operations.

  • Hong Kong has signed Investment Promotion and Protection Agreements (IPPAs) with 10 EU Member States.

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Johannes Hack

Chief Executive, DZ BANK AG Hong Kong

Chairman of the European Chamber of Commerce 

Johannes Hack is the Chief Executive of DZ BANK AG Hong Kong, overseeing the branch’s operations and regional responsibilities for China, South Korea, Taiwan, Mongolia, and Japan. Johannes also serves as Chairman of the European Chamber of Commerce in Hong Kong, elected in November 2025. He is also a board member of the German Chamber.

 

He has extensive experience in banking and finance, having held senior roles in loan syndication, renewable energy project finance, and acquisition finance across DZ BANK, IKB Deutsche Industriebank, Dresdner Bank, and BNP-Dresdner Bank, with postings in Hong Kong, Moscow, Berlin, and Frankfurt. 

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Miguel Latorre

Group Director of Growth and Customer Success, Acclime 

Board Member of the European Chamber of Commerce in Hong Kong

Miguel Latorre is the Group Director of Growth and Customer Success at Acclime, leading the firm’s

commercial growth engine across 18 markets in the Asia-Pacific and the Middle East.  He also serves as a Board Member of the European Chamber of Commerce in Hong Kong and is also a Board Director of the Spanish Chamber of Commerce in Hong Kong. 

He has extensive experience in corporate services, market entry, and business development, having held senior roles as Managing Director at VISTRA for Indonesia and Malaysia, and as the founder of Global Expandia. His career spans postings in Spain, Scotland, Germany, Belgium, Australia, Indonesia, and Hong Kong. 

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Henry Au

Advisor and Co-Founder of Snowball

Chief Operations Officer, AlgoBot Limited 

Treasurer of the European Chamber of Commerce in Hong Kong

Henry Au is a serial entrepreneur, experienced board member, lecturer, crypto enthusiast, and advisor with a demonstrated history of senior management role in financial and high- tech industry. Over the years, Henry has held various positions within the corporate world e.g. Senior Manager MIS Cathay Pacific, Advanced Development Group at CitiBank, VP New Development at ABN Amro, Regional Director Asia Consumer Group (MSN) and CIO The Carlyle Group .

Henry also serves as Treasurer and Board Member of the European Chamber of Commerce in Hong Kong. He is Vice President and Treasurer of the Irish Chamber of Commerce in Hong Kong, and a Director since 2015.

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