Why Hong Kong remains attractive to tech startups, despite challenges


While the economy may have been slowing in the past few months, a number of schemes have continued to provide support for startups seeking new opportunities. — SCMP

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.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!
Startups

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In