Officially opened by Professor KC Chan, Secretary for Financial Services and the Treasury, the fair, which is one of Asia's largest industry trade shows, runs until January 10th.
On display is a wide range of products such as ball games, bicycles, water sports and gymnasium equipment, action figures, puzzles, miniatures and collectibles, electronic and battery-operated toys.
Seminars are also on the agenda, with topics such as international toy safety, Asian toy trends, licensing opportunities, risk management and brand development.
The Hong Kong Trade Development Council has planned 86 buying missions, which more than 4,800 buyers are expected to take part in.
For the latest happenings at the fair click here