Hong Kong’s biggest bank claims it is
The new loan will be available to SMEs based in Hong Kong that operate a digital- and technology-related business, or engage in commercial use of digital adaptation. The bank said these could include e-commerce, big data artificial intelligence or biotechnology.
Companies based in Hong Kong Science and Technology Parks and Cyberport that apply for the new loan will also have a one per cent handling fee waived, as a further incentive.
Carrie Lam, Hong Kong’s Chief Executive, outlined a number of policies to encourage innovation in her maiden policy address in October.
