Hong Kong’s businesses are facing a challenging time. The long-running US-China trade war, as well as the months-long street protests, have plunged Hong Kong into a technical recession, with the city’s gross domestic product (GDP) contracting 3.2% in the third quarter, compared with the second quarter.
The slowing business landscape has also created a more challenging environment for startups seeking opportunities in Hong Kong.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!