.png){kind=icon}
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 Today, however, it’s not only outdated but also untrue.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>
Davids and Goliaths - can startups make it in Hong Kong?
Asia’s fintech hub? The tenuous reality of HK’s future as the region’s financial centre
Cash, no credit: how long before Hong Kong is cashless (if ever)?
Will a jab of technology cure Hong Kong’s ailing public health care sector?
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?
This template comes with 40 pre build gradient icons, choose the one you like more!
Would you like to have the Psd file of this Template? Sure! You can download it too.
Do you like the dual tone effect on the images? Download that too!
No items found.
No items found.
No items found.
No items found.
No items found.
No items found.
Etiam tristique, metus pretium rutrum elementum, risus tortor euismod urna, porta felis felis vel dui in bibendum justo vel pellentesque accumsan.
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.
.png)
