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Startups

Hong Kong emerges as Asian startup hub

Up-and-coming companies in the city rise 18% to more than 2,600

A simulation using QR code and facial recognition technology for border crossing is shown during a Tencent forum at Hong Kong Science Park in Hong Kong in June 2018.
A simulation using QR code and facial recognition technology for border crossing is shown during a Tencent forum at Hong Kong Science Park in Hong Kong in June 2018.   © Reuters

HONG KONG -- Hong Kong is quickly becoming a center for startups in Asia, with 2,625 such businesses operating here as of November, up 18% from 2017, government data showed.

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