South Korea seeks to lure Hong Kong capital

South Korea offered a variety of incentives in an effort to lure investors from Hong Kong.

The South Korea's Ministry of Knowledge Economy held a national investor relations session in Hong Kong, designed to draw in Hong Kong-based large-scale funds and other capital.

 South Korean officials, led by Knowledge Economy Vice Minister Kim Jung-gwan, laid out various incentives in the session, which was composed of presentations, panels and one-on-one meetings.

 "The purpose of this IR session is to inform financial investors of opportunities in the Korean private equity, venture capital and real estate markets, and to strengthen regional cooperation in the finance industry," said Kim.

Private business meetings were also held between members of the South Korean government delegation and Hong Kong investors.

The South Korean government is scheduled hold a similar session in Singapore on Wednesday, according to reprots by Yonhap News.