Hong Kong has picked five venture capital firms to take part in its new fund for start-up firms, but some worry about the amount of red tape involved. Photo: Alamy

Could red tape stifle interest in Hong Kong government’s US$255 million fund for tech start-ups?

Venture capital fund chosen as partners in the Innovation and Technology Venture Fund say Hong Kong is fertile ground for investments, but they worry about the paperwork

Topic |   Start-ups

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Hong Kong has picked five venture capital firms to take part in its new fund for start-up firms, but some worry about the amount of red tape involved. Photo: Alamy
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