{
  "id": 7194289,
  "title": "Hong Kong aims to scale its tech ecosystem and nurture more unicorns: HKSTP CEO",
  "url": "https://urgent.news/2026/09/13/hong-kong-aims-to-scale-its-tech-ecosystem-and-nurture-more-unicorns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T23:00:11.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/article/3367351/hong-kong-aims-scale-its-tech-ecosystem-and-nurture-more-unicorns-hkstp-ceo"
  },
  "original_language": "en",
  "account": null,
  "summary": "Hong Kong is making significant strides in bolstering its technology ecosystem and fostering the growth of unicorns. Terry Wong Ping-sau, CEO of the Hong Kong Science and Technology Parks Corporation (HKSTP), highlighted the city's increasing appeal to technology start-ups and investors, particularly traditional enterprises and family offices seeking opportunities in the rapidly evolving innovation and technology (I&T) landscape. Wong pointed out that while Hong Kong's fundraising prowess is already impressive, with the city helping firms raise about HK$285.8 billion (US$36.4 billion) via new listings last year, there is still room for improvement in early-stage financing. The HKSTP, a government-backed platform established in 2001, has been instrumental in connecting stakeholders, nurturing talent, and providing facilities for research and development. With over a dozen unicorns and 17 initial public offerings to its name, the HKSTP aims to accelerate the commercialization of products and nurture more high-quality, large-scale tech enterprises over the next eight to 10 years, positioning Hong Kong as a golden era for producing top-tier tech enterprises.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reuters Business via SCMP",
        "title": "Hong Kong mourns Mao Zedong’s death in 1976 – SCMP archive",
        "url": "https://urgent.news/2026/09/13/hong-kong-mourns-mao-zedongs-death-in-1976-scmp-archive",
        "published": "2026-09-13T03:15:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}