Hong Kong is actively working to strengthen its position as a technology hub by expanding support for start-ups through the government-backed Hong Kong Science and Technology Parks Corporation (HKSTP). According to HKSTP CEO Terry Wong Ping-sau, the city is leveraging its existing financial infrastructure and increased investor interest to nurture high-growth companies, often referred to as unicorns.

The strategy focuses on providing more robust financial backing to attract entrepreneurs and scale existing businesses. Officials argue that the current investment climate in Hong Kong is significantly more favorable toward the tech sector than it was ten years ago. By utilizing the city's status as a global financial center, the HKSTP aims to bridge the gap between early-stage innovation and large-scale commercial success. The initiative is part of a broader effort to diversify the city's economy beyond its traditional reliance on finance and real estate, positioning Hong Kong as a competitive player in the global technology market.