Nine out of the 10 largest public venture capital deals in 2018 involved start-ups in Asia, seven of which were based in China, according to capital market research firm Preqin. Photo: Bloomberg

Asian cities are competing to woo tech start-ups with incentives

  • These cities have strong economies, business-friendly policies and well-developed infrastructure
  • Cities also offer a range of tax incentives, subsidies and related programmes to support entrepreneurs
Topic |   Start-ups

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Nine out of the 10 largest public venture capital deals in 2018 involved start-ups in Asia, seven of which were based in China, according to capital market research firm Preqin. Photo: Bloomberg
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Image: SCMP

Will China lose its tech mojo as venture capital for innovative start-ups gets harder to come by?

  • With money going to later-stage tech giants, can the ‘red unicorn’ wave keep rolling on?
  • Polarised market threatens to undermine entrepreneurship and innovation
Topic |   Investing

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Image: SCMP
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