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Hong Kong to be hub for ‘patient capital’ by nurturing start

Hong Kong is in a prime position to be a global hub for “patient capital”, an investment strategy that takes a longer view and is driven by “purpose and impact”, as it continues to advocate for technology start-ups, Financial Secretary Paul Chan Mo-po said on Thursday. Patient capital plays a critical role in supporting innovation, though it carries higher risks because of extended time frames and uncertain outcomes, Chan said at the inaugural International Forum for Patient Capital hosted by...


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