Click Holdings signs MOU with Rongge Huida to enhance labor importation for senior care in Hong Kong.
Quiver AI Summary
Click Holdings Limited announced a partnership with Chongqing Rongge Huida Human Resources Consulting Limited to enhance labor importation under Hong Kong’s Enhanced Supplementary Labour Scheme. This MOU aims to address the recruitment challenges faced by Hong Kong employers, especially in the senior care sector, which is experiencing significant demand due to the aging population. Click will utilize its AI-driven talent matching platform to facilitate the recruitment process and ensure compliance with relevant regulations, while Rongge Huida will identify and handle the importation of qualified Mainland Chinese workers for various roles. This collaboration targets over 150 labor-shortage positions, with a strong emphasis on senior care, and is expected to drive substantial growth for Click’s HR solutions business over the next three years, leveraging Chongqing’s vast talent pool.
Potential Positives
- Click Holdings has signed a Memorandum of Understanding with Rongge Huida, expanding its operations and collaboration in the labor importation sector, which is significant for business growth.
- This partnership focuses on addressing the urgent demand for professional caregivers in Hong Kong, directly aligning with Click’s senior care solutions.
- By leveraging its AI-powered talent matching platform, Click Holdings aims to address local recruitment challenges, enhancing its service capabilities and market position.
- The collaboration is expected to contribute to substantial annualized growth potential exceeding 25%, indicating strong financial prospects for the company's future.
Potential Negatives
- The press release emphasizes the need for labor importation to address local recruitment challenges, which may signal a deficiency in the company's ability to source talent within Hong Kong.
- The partnership relies heavily on the Chinese labor market, exposing the company to potential regulatory or geopolitical risks that could impact its operations.
- There is a reliance on the success of the Enhanced Supplementary Labour Scheme, which may be subject to changes in policy or eligibility criteria that could affect the company's growth projections.
FAQ
What is the Memorandum of Understanding about?
The MOU is a collaboration between Click Holdings and Rongge Huida for labor importation under Hong Kong's Enhanced Supplementary Labour Scheme.
How will Click Holdings benefit from this partnership?
This partnership will expand Click's HR and senior care services, unlocking growth opportunities in Chongqing, China.
What sectors will be affected by this labor importation?
The partnership focuses on over 150 roles, including nursing, logistics, catering, retail, and cleaning, with an emphasis on senior care.
How does Click's AI technology play a role in this partnership?
Click will use its AI-powered talent matching platform to assist Hong Kong employers with recruitment challenges and ESLS approvals.
What growth potential does Click Holdings expect from this collaboration?
Click anticipates annualized growth potential exceeding 25% by leveraging Chongqing's talent pool and the demand for senior care services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Hong Kong, July 15, 2025 (GLOBE NEWSWIRE) -- Click Holdings Limited (“Click Holdings” or “Click” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, announced the signing of a Memorandum of Understanding (MOU) with Chongqing Rongge Huida Human Resources Consulting Limited (“Rongge Huida”), based in Chongqing, China, to collaborate on labor importation under the Hong Kong Special Administrative Region’s Enhanced Supplementary Labour Scheme (ESLS). This partnership marks a strategic expansion for Click in the human resources and senior care sectors, particularly in Chongqing, one of China’s second-tier cities with a significant aging population, unlocking substantial growth opportunities.
Under the MOU, Click will leverage its AI-powered talent matching platform to source Hong Kong employers facing local recruitment challenges, assisting them in obtaining ESLS approvals while ensuring compliance with Hong Kong’s Employees Retraining Ordinance and related regulations. Rongge Huida will recruit qualified Mainland Chinese workers to meet Hong Kong employers’ needs and handle all necessary documentation and approvals for labor export from China. The partnership covers over 150 labor-shortage roles, including nursing, logistics, catering, retail, and cleaning, with a strong focus on senior care to address Hong Kong’s urgent demand for professional caregivers.
Chongqing, a dynamic economic center in Western China with a population surpassing 32 million and a growing elderly community, presents immense opportunities for Click’s senior care business. Through this strategic partnership, Click will harness its deep expertise in senior care to deliver professional training to Rongge Huida, addressing the substantial demand for high-quality senior care services in the region. This collaboration is expected to fuel significant growth in Click’s HR solutions business over the next three years, unlocking new revenue streams and strengthening its competitive edge in the market.
Jeffrey Chan, Chairman, CEO, and Director of Click Holdings, stated: “We are thrilled to establish this strategic partnership with Rongge Huida. As one of China’s most aged cities, Chongqing presents immense opportunities for our senior care and HR solutions businesses. This collaboration not only enhances our service capabilities in Hong Kong but also demonstrates our strategic positioning in the fast-growing cross-border labor market. We are confident that, through AI-driven innovation and efficient execution, Click will deliver long-term value to our shareholders.”
Click’s platform successfully connects over 110,000 job vacancies with freelancers annually, showcasing its robust capabilities in the HR market. Following a recent landmark contract with a Hong Kong government-affiliated entity, this partnership with a Chongqing company further solidifies Click’s position in high-growth sectors. The Company expects that, leveraging Chongqing’s vast talent pool and aging population demand, its business will achieve annualized growth potential exceeding 25%.
About Click Holdings Limited (CLIK)
Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.
For more information, please visit https://clicksc.com.hk .
Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov .
For enquiry, please contact:
Click Holdings Limited
Unit 1709-11, 17/F
Tower 2, The Gateway
Harbour City, Kowloon
Hong Kong
Email:
[email protected]
Phone: +852 2691 8200