Together we grow

“Such joint-venture collaboration is becoming popular and we’re delighted to see that,” said Ian Chan Chi-hang, chief corporate development officer of Hong Kong Cyberport Management Co.

So far, about 70 enterprises incubated at Cyberport — a sprawling project launched by the HKSAR government to breed homegrown technology companies — have expanded into the Guangdong-Hong Kong-Macao Greater Bay Area, with more than 80 offices across cities in the area, according to Cyberport, which began operations in 2004.

“With team members from both Hong Kong and the mainland, startups can have a better and more comprehensive understanding of the business model, laws and regulations, as well as the market operations on both sides,” said Chan.

ZhenHub’s cloud-based e-commerce platform provides clients with an overview of inventory, orders and shipments globally by cooperating with 18 warehouses worldwide. It helps companies, including manufacturers in mainland cities in the Greater Bay Area, to export their products to overseas markets.

Poon said the Greater Bay Area has plenty to offer entrepreneurs, including an established infrastructure and supportive policies from the HKSAR and mainland authorities.

Hong Kong’s tax regime benefits manufacturers on the mainland, and Hong Kong is a free port that can help many companies, he said, adding that Hong Kong International Airport strengthens reliability with international flights.