hong kong business 101
Post on 14-Sep-2014
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I gave this presentation in June while in Salt Lake City, Utah. No, I'm not a paid shill for the government of Hong Kong, I just think this is a great place to live and work and I'm sharing the word. I've been here since June, 2013 opening a branch of MWI, a digital marketing agency (www.mwi.com) and contributing articles to Forbes and other publications (see http://www.donloper.com/press). This was a highly summarized version of what I could have said, so if you have any questions about doing business in Hong Kong email me at [email protected].TRANSCRIPT
Hong Kong Business 101
Last Revised Date: June, 2014 Author: Joshua Steimle
[email protected] @donloper
Hong Kong Fun Facts
Special Administrative Region (SAR)
Hong Kong Business 101
One Country, Two Systems
266 Islands
Hong Kong Business 101
< 25% of Land Developed
Hong Kong Business 101
Population = 7.15 Million
Hong Kong Business 101
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
Hong Kong Business 101
Fastest Internet
Hong Kong Business 101
Legal To Kill Cheating Husband
Hong Kong Business 101
But Wife Must Use Her Bare Hands
Fastest Internet
Hong Kong Business 101
100 Mbps in many areas
Not As Crazy Expensive As You
Might Think
Hong Kong Business 101
Socialized Medicine
Hong Kong Business 101
Education…
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Safest City In The World
Hong Kong Business 101
Freest Economy?
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It’s All Relative
Startup Scene
Media
Hong Kong Business 101
StartupsHK.com
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StartBase.hk
Hong Kong Business 101
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
Hong Kong Business 101
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
Hong Kong Business 101
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
Hong Kong Business 101
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
Hong Kong Business 101
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
Hong Kong Business 101
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+
Hong Kong Business 101
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”
Hong Kong Business 101
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
Hong Kong Business 101
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
Hong Kong Business 101
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
