Francis Fong Po-kiu, president of the Hong Kong Information Technology Federation and avid user of Kickstarter with his nano light bulb. Photo: May Tse

How Hong Kong crowdfunders got burned, and why they’re still investing

For some, investing through sites such as Kickstarter is entertainment, for others it is like betting on penny stocks. Either way, thousands continue to back schemes, some of which are little more than pie in the sky

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Francis Fong Po-kiu, president of the Hong Kong Information Technology Federation and avid user of Kickstarter with his nano light bulb. Photo: May Tse
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