I wrote a piece a while ago talking about the start-up environment in Taiwan. So when I went to Hong Kong recently, I naturally wanted to find out more about the scene there. I know Gang has already talked about the HK scene but I want to focus on generating what they need – investors. The main reason there are few investors in Hong Kong is because the market is too small with only 7 million people – much smaller than Taiwan with 23 million so if investors think Taiwan is too small, Hong Kong must not be worth considering!
Let’s investigate underlying reasons for the lack of start-ups and investors.
Hong Kong is focused on traditional industries
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