Hong Kong’s ‘pioneers’: how passion and confidence drives success of city’s innovation and technology businesses | SCMP

Taken from www.scmp.com
14 November 2020

  • Abundance of funding, strong research capabilities and easy access to China market prove key to vibrancy of city’s start-up sector
  • Pivotal role in Greater Bay Area helps city’s entrepreneurs promote their ideas and inspire future generations

For 30 years, Hong Kong has consistently topped the world rankings for economic freedom thanks to its low taxation, free trade and strong protection of intellectual property rights, according to a report published by Canada-based think tank Fraser Institute in September.

International financial centre

Duncan Wong, founder of blockchain technology company CryptoBLK, says Hong Kong’s status as an international financial centre has provided ample opportunities for him to apply his technological research in the market.

The company, which is incubated at the Hong Kong Science Park (HKSTP), has been developing advanced blockchain systems for enterprises – especially those in trade finance – to boost efficiency and simplify workflow.

Read the full press here.

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