10 things about the hong kong business culture

10 Things About the Hong Kong Business Culture

A presentation brought to you by OpenCompanyHongKong.com

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Doing Business in Hong Kong

o The business and workplace culture are both very important when doing business in Hong Kong.

o The city is a major business centre with Chinese and English influences and many different customs and practices.

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1. Punctuality

o Punctuality is important in all business relationships.

o In Hong Kong, your business partners will value your punctuality.

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2. Greetings

o Hierarchy is important in Hong Kong, in all types of companies.

o The seniors and directors will be greeted first, and it is customary to use a handshake or a bow.

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3. The Chinese Language

o English and Chinese are both official languages and it is widely accepted for foreign investors in Hong Kong to speak English.

o A good business practice is to learn a few words in Chinese, especially if your business partner is Hong Konger.

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4. Physical Contact

o Physical contact is rare and multiple gestures are not recommended between business partners. A simple handshake is enough.

o When doing business in Hong Kong entrepreneurs are professional and discrete.

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5. Titles are Important

o Hong Kongers pay attention to someone’s title and function.

o When addressing a company director you should use the proper title.

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6. Red is Lucky

o The colour red is considered lucky in China and also in Hong Kong.

o In Chinese or Hong Kong culture the colour white is associated with mourning.

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7. Preparation is Key

o Business culture and customs in Hong Kong call for well-prepared speakers.

o When speaking in front of a panel or making a presentation make sure you have your documentation in order and are very diplomatic.

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8. Negotiate Calmly

o Corporate negotiations in Hong Kong are held in a calm and orderly fashion.

o Issues like contractual agreements are handled with patience as it is not polite to pressure the Chinese business partners.

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9. Dining Etiquette

o Business owners in Hong Kong can hold formal dinners.

o A traditional Chinese meal has a specific dining etiquette, including using the famed chopsticks.

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10. Stay Open

o As a foreign investor in Hong Kong or an expat it is important to stay open towards assimilating new customs.

o You should keep an open mind towards the existing cultural differences.

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Ask for Professional Advice

o Asking for professional advice can always be a step in the good direction.

o You can contact our company registration experts in Hong Kong for detailed information on how to do business in the city.

Thank You for Your Attention!

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