Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock
Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock
Enoch Yiu
Opinion

Opinion

White Collar by Enoch Yiu

Failure should be an option, even an expectation for those who enter into start-ups

Hong Kong Exchanges and Clearing should have a contingency plan in place to help young entrepreneurs recover in the event of business failure

Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock
Hong Kong’s fintech economy is roughly 10 per cent of the size of Britain’s, underscoring the need for government contingency planning to cope with the high failure rate among start-ups. Photo: Alamy Stock
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.