Most Hong Kong people know Ukraine because of the 1986 Chernobyl disaster, but not many know that it is Hong Kong’s 2nd largest non-EU market in the CEE region, behind only Russia. Despite the ongoing global economic crisis, the country is poised to offer Hong Kong companies emerging opportunities over the medium to long term. This report is targeted to give Hong Kong companies an updated account of the business opportunities in this sizable but uncharted market.