New Board should take the role of startup financing – Harbour Times

HarbourTimes_24Aug2017s

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The new economy in Hong Kong is sluggish as evident from the low uptake of finance for startups. The total market capitalisation of the new economy in the Nasdaq and the New York Stock Exchange accounted for 59% and 44% respectively while merely 3% in Hong Kong over the past 10 years, according to the Hong Kong Stock Exchange. The market capitalisation of industries such as pharmaceuticals, biotechnology and life sciences, healthcare equipment and software & services, only represented 1% of the total! 繼續閱讀

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