Exploring Hong Kong’s Web Industry

View of Hong Kong Harbor from Grand Hyatt Pool Deck (on 11th floor)

Arrived in Hong Kong, although my fifth time here, the sheer size and energy of the city that’s always under construction always amazes me. The flight over, on Singapore’s luxurious planes was fantastic, I feel rested when fully reclining in a chair after 14 hours of flight (flickr photos). On the way over, I was able to read a ton of Forrester material, analyze a few strategies, and just relax.

Tonight is the Hong Kong Blogger dinner that I encouraged everyone to come to, there’s over 60 folks, and OutBlaze, a white label communications company has offered to be a gracious host. I’ll be hanging with them and other technologists over the next few days to understand Hong Kong’s web scene better.

I’m here as I’m speaking at the CLSA investors conference. CLSA is a brokerage, consulting, event and analyst firm. There are about 2500 investors from all over Asia here at the Grand Hyatt (flickr photos), with speakers from the largest corporations and China, and even entertainment by the band INXS, which I grew up on. I have distinct memories of them in Sixth Grade, although my kid sisters had a blank look on their face when I brought up their name “in excess what?”

When I meet people from the Finance industry, I often tell them I’m in “new Media” first, if they probe farther I’ll explain it as social media or social computing, so far, most understand.

I’m also reading, listening, and absorbing data points about Asia’s web scene. Today, one of the executives of China Mobile presented, she gave quite a few facts, trends and data points. Wireless infrastructure for one of the world’s largest cell phone market (China), will access the web via the phones.

Asia’s Growing Web and Mobile Industry

  • China Mobile has 21% growth last year
  • China Mobile has 68% market share in China
  • They are deploying ‘nodes’ into Rural areas, which can quickly scale
  • In other reports, from CLSA’s Elinor Leung, I learned that China is 2nd to Japan in Web Advertising
  • The Beijing Olympics will be a major web advertising opportunity and spike
  • Beijing is pushing the digital/broadband experience for the Olympics
  • Broadband in China is 14%
  • Advertising Spend: Online Growth is 68%, while the second highest, radio is a mere 20% growth.
  • It’s truly an international conferences, at the back of some rooms, there’s small glass enclosed boxes where translators sit and transmit to wireless devices so everyone in the audience can absorb the knowledge.

    Hey Web Strategist! Are you paying attention to what’s happening in Asia? There’s going to be a lot of eyeballs here, what are you doing about it? Here’s some stats from the World Internet Usage.

    Have a story to tell?

    My schedule the rest of the week? It’s Tuesday right now, but on Wednesday, I’ll be visiting some of the offices of folks that hosted the dinner, and will meet a few other entrepreneurs. I speak on Thursday, and am free on Friday if you wanted to meet for tea or coffee here at the Grand Hyatt to discuss Asia’s web industry, I’m very curious in learning more.