Hong Kong will launch a fund worth HK$5 billion (US$637 million) next month to support local tech companies and attract foreign start-ups, the city’s finance chief has told the Post.
Financial Secretary Paul Chan Mo-po said the government hoped the Strategic Tech Fund would fill the gap in series A and series B financing for start-ups and help convince investors to back projects by Hong Kong tech entrepreneurs.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
