Subscribe to wiki
Share wiki
Bookmark
Johnny Ng
The Agent Tokenization Platform (ATP):Build autonomous agents with the Agent Development Kit (ADK)
Johnny Ng
Johnny Ng Kit-chong (吳傑莊), MH, JP, is a Hong Kong politician, technology entrepreneur, academic, and investor. He is a member of the Legislative Council of Hong Kong (LegCo), representing the Election Committee constituency, and a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Ng is a prominent advocate for the development of Hong Kong into a global hub for Web3 and virtual assets, co-founding several accelerators and initiatives to support the digital economy. Before entering politics, he founded the investment firm Goldford Group and several technology companies.
Early Life and Education
Ng grew up in a grassroots, single-parent family in Hong Kong. His family operated a small electronics parts shop, which sparked his early interest in technology. He was the first member of his family to attend university. [1] [2]
He pursued his higher education at The Hong Kong Polytechnic University (PolyU), where he earned a Bachelor of Engineering (BEng) in Manufacturing Engineering with first-class honors in 1996. He continued his studies at PolyU, obtaining a Doctor of Philosophy (PhD) in Industrial and Systems Engineering in 2002. His doctoral research focused on combining engineering principles with business management. Following his PhD, Ng completed post-doctoral research in Computer Science and Technology at Tsinghua University in Beijing in 2006, which helped expand his professional network in Mainland China. Various sources also list other qualifications, including a Doctor of Business Administration (DBA) from PolyU, a Doctor of Engineering (EngD) from City University of Hong Kong, a Master of Science (MSc) in Engineering from the University of Warwick, and an Executive Master of Business Administration (EMBA) from Tsinghua University. [2] [3] [4] [5]
Career
Early Entrepreneurship (1999–2010)
Ng began his entrepreneurial career while still a PhD student. In 1999, he co-founded 303 Company Limited with three other PolyU students, a software services firm named after their university research room. [2] That same year, at the age of 26, he founded Titanium Group (later restructured as Goldford Group) with an initial investment of HK$200,000. The company initially manufactured metal mobile phone cases and accessories. Recognizing the strategic value of intellectual property, Ng shifted the company's focus, filing its first patent in 2004. The business evolved to provide IP creation, management, and commercialization services, eventually accumulating over 300 patents. [6]
In 2001, following the 9/11 attacks and heightened global security concerns, Ng founded Titanium Technology Ltd., a company specializing in biometric face-recognition technology. The company gained international recognition in 2003 as a "Best of Comdex Finalist," a first for a company from the Greater China region. Titanium Technology later became a pioneer in deploying bio-recognition systems at the Shenzhen-Hong Kong border crossing and provided technology to facilitate VIP guest entry during the 2008 Beijing Olympics ceremonies. Ng served as the company's chairman until 2009 and sold the business in 2010. [2] [3]
Venture Capital and Corporate Roles
After selling Titanium Technology, Ng focused on his role as Founder and Chairman of Goldford Group. The firm transitioned into a venture capital and investment company with a global focus, particularly on Greater China, Asia, and the Middle East. Goldford Group incubates start-ups and invests in sectors including Technology, Media, and Telecommunications (TMT), education, creative industries, fintech, and biotech. The firm has reportedly nurtured over 100 start-up teams. [2] [5]
In addition to his work with Goldford Group, Ng holds several board positions at publicly listed companies. Since September 2021, he has served as co-chairman and a non-executive director of Walnut Capital Limited (HKEX: 0905). He has also been an independent non-executive director at Chuang’s China Investments Limited (HKEX: 0298) since December 2018 and serves as an Independent Director for China Unicom (600050.SH). [1] [5]
Political Career
Ng became a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) in March 2018, representing Hong Kong in China's top political advisory body. He had previously been a member of the CPPCC of Fujian Province. [6] [1]
In December 2021, Ng was elected to the 7th Legislative Council of Hong Kong, representing the Election Committee constituency. He assumed office in January 2022. Within the legislature, Ng is a vocal proponent for policies that support innovation, technology, and the growth of Hong Kong's digital economy, with a particular emphasis on Web3 and virtual assets. His commitment to this area is demonstrated by his role as the Chairman of the LegCo Subcommittee on Issues Relating to the Development of Web3 and Virtual Assets. [6] [5]
Web3 Advocacy and Initiatives
Johnny Ng is a central figure in Hong Kong's efforts to establish itself as a global leader in the Web3 and cryptocurrency sectors. His advocacy combines legislative action, ecosystem development, and public engagement.
Legislative and Policy Work
As a LegCo member, Ng has actively worked to create a clear and supportive regulatory framework for the virtual asset industry. He was a key figure in the legislative process for the "Stablecoin Bill," which the Legislative Council passed in its third reading on May 21, 2025. He hailed the bill's passage as a milestone for Hong Kong's ambition to become an international Web3 center, noting that it would allow institutions to apply for stablecoin issuer licenses from the Hong Kong Monetary Authority. [7]
Ng also engages in public education to demystify complex topics related to digital assets. On September 15, 2025, he delivered a seminar on "The Future of Stablecoins in Hong Kong," where he explained the evolution from Web 1.0 to 3.0, the distinctions between stablecoins and other cryptocurrencies, and Hong Kong's regulatory direction in light of global market trends and local events like the JPEX fraud case. [4]
Ecosystem Building
To translate policy into practice, Ng has co-founded several key initiatives. In December 2022, he and fellow lawmaker Duncan Chiu launched G-Rocket, a non-profit accelerator also known as the HK Web3 Hub. The initiative's mission is to attract at least 1,000 Web3 startups to establish operations in Hong Kong and connect them with investors and resources. Partners in the initiative include the blockchain gaming firm Animoca Brands. [6] [1]
Ng also leads Web3Labs, a Web3 ecosystem accelerator that provides incubation, investment, and support for projects and companies entering the Hong Kong market. Additionally, he is a co-founder of the Hong Kong Virtual Asset Exchange (HKVAX), a virtual asset trading platform. [8] [4]
Public Engagement and Investments
Ng maintains an active public presence to promote Hong Kong's Web3 ambitions. He is a frequent speaker at industry conferences, such as Consensus Hong Kong, and uses his social media platform on X (formerly Twitter) to engage with the global crypto community. In a notable outreach effort in June 2023, he publicly invited global virtual asset operators, including Coinbase, to apply for licenses in Hong Kong, offering his personal assistance. [7]
As an angel investor, Ng supports the Web3 sector through both G-Rocket and his personal portfolio. His investments include Cetus (a DEX and liquidity protocol), MetaCRM (a Web3 CRM solution), Mewt (a financial services platform), Relation (a social graph infrastructure), Udao (a Web3 social project), and Matr1x (a Web3 gaming platform). [6] [1]
Academic and Public Service Roles
Parallel to his business and political careers, Ng is active in academia and public service. He serves as an Adjunct Associate Professor in the School of Communication and as a Professor of Practice in Fintech & Entrepreneurship at The Hang Seng University of Hong Kong (HSUHK). He is also an Adjunct Professor at his alma mater, The Hong Kong Polytechnic University. [1] [2] [8]
Ng holds significant governance roles in higher education, including serving as the Chairman of the Council and Court of The Hong Kong Metropolitan University since April 2022 and as a Council Member of Hong Kong Baptist University. His other public appointments include memberships on the Employees Retraining Board, the Advisory Committee on Arts Development, and the Private Columbaria Licensing Board. [1]
In 2010, Ng founded the Hong Kong Youth Synergy Foundation, a non-profit dedicated to providing exchange, internship, and entrepreneurship opportunities for young people. He is also the Founding Convener of the Young Professionals Alliance and a former President of the Federation of The Hong Kong Polytechnic University Alumni Associations. [2]
Awards and Honours
Ng has received numerous awards and honours for his contributions to industry, technology, and public service. He was appointed a Justice of the Peace (JP) by the HKSAR Government. He was also awarded the Medal of Honour (MH), with sources reporting the year of the award as 2013, 2015, or 2018. [6] [3]
His other notable recognitions include:
See something wrong?
The Agent Tokenization Platform (ATP):Build autonomous agents with the Agent Development Kit (ADK)