HK can be launchpad for SE Asia startups looking to tap China: Cindy Chow, Alibaba HK Entrepreneurs Fund

HK can be launchpad for SE Asia startups looking to tap China: Cindy Chow, Alibaba HK Entrepreneurs Fund

(L-R) Rachel Lau moderates a fireside chat with Helen Wong and Cindy Chow at DEALSTREETASIA's Asia PE-VC Summit 2018 in Singapore.

As competition among startups heats up in China, Hong Kong can be a good launchpad for Southeast Asian startups looking to expand in this part of the world, especially in manufacturing, trading, logistics, and services sectors, according to Cindy Chow Lok Mei-ki, executive director, Alibaba Entrepreneurs Fund.

“China is a big market for local startups. Competition in China can sometimes push or scare away SEA startups from investing here, and hence Hong Kong can be a good launch pad,” Chow said in a fireside chat at DEALSTREETASIA’s Asia PE-VC Summit 2018 on Wednesday. She said that competition in Hong Kong, which has a population of 7.3 million, is relatively moderate compared with Beijing and other large cities in China.

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