How will US-China Tech Decoupling impact #MNCs and TECH #startups in #HongKong & #MainlandChina? #AMCHAM has organized a panel discussion today on this hot topic. Alex Capri #HinrichFoundation Dan Wang #GavekaiDragonomics and I were the panel speakers. Thanks for Margaret Loo David Chao AMCHAM.
I have shared my views on how our HK startups can deal with this challenge. What did we learn from the 9 HK #unicorns?
1. Accelerate our biz to ASEAN & mainland China particularly the Greater Bay, not just HK
2. Set up an international team with leaders & staff in foreign countries
3. Look for partnership & investment from the companies in the just-born Hang Seng Internet and Information Technology Index #HSIII
4. Focus more on business model innovation as we have the market scale with lots of pain points
5. Speed up #DeepTech R&D with universities in HK and funding from the mainland
It is challenging time for our startups for sure. #Cyberport, #HKSTP & many ecosystem stakeholders are offering programs and fundings to our startups to overcome this challenging time. We shall overcome.