hong kong business 101

Hong Kong Business 101

Last Revised Date: June, 2014 Author: Joshua Steimle

josh@mwi.com @donloper

Hong Kong Fun Facts

Special Administrative Region (SAR)

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One Country, Two Systems

266 Islands

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< 25% of Land Developed

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Population = 7.15 Million

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Highest Life Expectancy

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Source: World Bank, Last updated: May 7, 2014

83.48 years

Cantonese / English

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Official Languages

July = Wettest Month

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Fastest Internet

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Legal To Kill Cheating Husband

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But Wife Must Use Her Bare Hands

Fastest Internet

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100 Mbps in many areas

Not As Crazy Expensive As You

Might Think

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Socialized Medicine

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Education…

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Safest City In The World

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Freest Economy?

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It’s All Relative

Startup Scene

Media

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StartupsHK.com

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StartBase.hk

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TechinAsia.com

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People To Know

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Charles Ng InvestHK

Casey Lau StartupsHK

Simon Squibb NEST

Jong Lee TEDxHongKong

Co-Work Spaces & Virtual Offices

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Compass Offices

The Hive

Paperclip

WYND

CoCoon

Garage Society

Venture Capital

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Not Much

Startups

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200+

Startup Challenges

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Financial Industry

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Real Estate

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Culture

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The Big Picture

4.3 Billion

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Source: http://www.worldpopulationstatistics.com/asia-population-2013/

Asia Population, 2013

4.9 Billion

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Source: http://en.wikipedia.org/wiki/World_population

Asia Population, 2030

525 Million

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Source: http://www.ey.com/GL/en/Issues/Driving-growth/Middle-class-growth-in-emerging-markets

Asia Middle Class, 2013

3.1 Billion

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Source: http://www.reuters.com/middle-class-infographic

Asia Middle Class, 2030

9.4%

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Source: http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx

Asia-Pacific Internet Penetration, 2005

31.9%

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Source: http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx

Asia-Pacific Internet Penetration, 2013

344 Million

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Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/2013/03/state-social-asia-march-2013/

Asia-Pacific Internet Users, 2005

1.3 Billion

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Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/2013/03/state-social-asia-march-2013/

Asia-Pacific Internet Users, 2013

0

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Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/2013/03/state-social-asia-march-2013/

Asia-Pacific Mobile Internet Users, 2005

895 Million

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Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/2013/03/state-social-asia-march-2013/

Asia-Pacific Mobile Internet Users, 2013

1 Billion+

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Source: http://www.statista.com/statistics/201232/forecast-of-mobile-internet-penetration-in-asia-pacific/

Asia-Pacific Mobile Internet Users, 2015

“In 2013, Global PC Shipments Suffered the

Worst Decline in PC Market History”

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Sources: Gartner http://www.gartner.com/newsroom/id/2647517

680 Million

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Sources: Gartner http://www.gartner.com/newsroom/id/2665715

Worldwide Smartphone Sales, 2012

968 Million

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Sources: Gartner http://www.gartner.com/newsroom/id/2665715

Worldwide Smartphone Sales, 2013

The Big Picture

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Asia-Pacific Middle Class + Internet + Mobile

=Big Opportunity

Other Big Opportunities

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Hardware Startups

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FinTech

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Virtual Currencies

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CleanTech

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CleanTech

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Beijing Weather Today

CleanTech

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Education

Hong Kong Business 101

134 million individuals, ages 20-24

Questions?http://www.mwi.hk