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Join us as we
redefine Hong Kong

IIn 2001, Hong Kong dubbed itself ‘Asia’s World City’. Few would have contested the description then. Today, however, it’s not only outdated but also untrue. Though still a core business centre in the region, Hong Kong has suffered from slow-paced adoption of cutting-edge technologies, and a regulatory attitude that strangles innovation. For the city to lead again, much has to change. But where to start?

Over the past six years, SCMP’s Redefining Hong Kong Series (RHK) debated how to reposition Hong Kong for future success. In 2019, SCMP will leverage this platform but reconfigure its focus. Our ambition is simple, though far from easy: to catalyse positive change in our city and project Hong Kong back to the lofty heights where it belongs.

RHK will facilitate communication and cooperative action among senior executives to pursue like-minded objectives for improving the innovation landscape in Hong Kong. Taking place over the course of four meetings in 2019/20, attendees will hear from experts and opinion-leaders, and have their say through roundtable discussions. With your participation, RHK will unleash Hong Kong's innovative potential, and push for quicker, more meaningful progress in the city.
With the support from EY, the series' founding sponsor, Redefining Hong Kong has brought awareness to challenges facing the city's economy and industries. Like South China Morning Post, EY is committed to doing its part in building a better working world and creating strong positive outcomes. To learn more about EY and its initiatives, click here>

The Redefining Hong Kong Series

Forum 1
Sep 5 2019:

Davids and Goliaths - can startups make it in Hong Kong?

Forum 3
Dec 2019:

Asia’s fintech hub? The tenuous reality of HK’s future as the region’s financial centre

Forum 2
Oct 2019:

Cash, no credit: how long before Hong Kong is cashless (if ever)?

Forum 4
Jan 2020:

Will a jab of technology cure Hong Kong’s ailing public health care sector?

Davids and Goliaths -
can startups make it in Hong Kong?

Sep 5, 2019

The city is one of the fastest growing startup ecosystems in the world with a total of 2,625 startups in 2018, an 18 per cent increase from 2017 as per InvestHK’s report. While it is encouraging to see the growth in startups, Hong Kong lags behind in producing unicorns - 7 unicorns compared to China’s unicorn club of 186. Other criticisms from entrepreneurs and the startup community suggest Hong Kong is quickly falling behind regional competitors by failing to provide necessary support, making it difficult to attract global talent, and being slow to reform a risk-averse regulatory environment.

The Hong Kong government contests the critics, claiming to be doing its part by funding entrepreneur programmes and pledging millions of dollars to the technology and innovation sector.

Discussion points will include: 
-    What more can policymakers do to help startups take flight?
-    Is HK's risk-averse attitude protecting businesses from competition or stifling their potential?
-    Do startups need to cross the border to Shenzhen or other GBA cities in order to succeed?
-    How can local startups access funding, talent and knowledge to become unicorns or go public?
daily workshops

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platinum sponsor

As a global leader in assurance, tax, transaction and advisory services, EY is committed to doing its part in building a better working world because it strongly believes this approach leads to strong positive outcomes, it can also develop talent in all its forms and encourage greater collaboration.  EY wants to build a better working world through its own actions and by engaging with like-minded organizations and individuals.

For more information about EY, please visit www.ey.com.

Organiser

South China Morning Post
is a leading global news company that has reported on China and Asia for more than a century. Founded in 1903, SCMP is headquartered in Hong Kong, where it is the city’s newspaper of record, with a growing correspondent staff across Asia and the United States. SCMP's vision is to “Elevate Thought” and our mission is to “Lead the global conversation about China”. Additionally, SCMP publishes a portfolio of premium lifestyle and fashion titles in Hong Kong including Cosmopolitan,ELLE, Esquire and, Harper’s BAZAAR. SCMP is also home to Abacus, a digital news brand focused on China's tech industry; Inkstone, a daily news brief for those curious about China's growing impact around the world; and Goldthread, a content platform with a focus on food, travel and culture in China.