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HK 'ideal launchpad for mainland firms going global'

Chief Executive John Lee on Monday said Hong Kong is the ideal springboard for mainland unicorn companies and technological startups seeking to expand internationally. Speaking at the opening of the Global Unicorn Summit at the Convention & Exhibition Centre in Wan Chai, he pointed out that the city has nurtured around 20 local unicorn companies over the past decade, showing its ability to foster…

Chief Executive John Lee declared Hong Kong to be the perfect launchpad for mainland unicorn companies and technological startups aiming to venture globally. Addressing the inaugural Global Unicorn Summit held at the Wan Chai Convention & Exhibition Centre, Lee emphasized the city's track record of nurturing approximately 20 local unicorns over the past decade, underscoring its capacity to cultivate world-class innovative businesses.

He highlighted Hong Kong's comprehensive support for startups, stating, "The two flagship technology hubs in Hong Kong – Hong Kong Science Park and Cyberport – provide start-ups at various stages of development with comprehensive support: including incubation programmes, matching funds, marketing, expansion opportunities, as well as infrastructure."

Lee further asserted that Hong Kong stands as the premier hub for leading overseas tech and innovation enterprises seeking to expand their presence in the mainland market.

Written by urgent.news from RTHK News - Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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