Experts encourage a joint approach

Hong Kong needs to join forces with neighbor Shenzhen to turn itself into a true innovation and startup hub, observers in the southern city in Guangdong province say.

Renowned as the heaven for hardware companies given its proximity to the huge Pearl River Delta manufacturing base, Shenzhen is already luring many entrepreneurs from Hong Kong to join its burgeoning startup scene, they claim.

Ricky Leung and Data Ng, both University of Hong Kong graduates, are among the growing group. They first set up their business in Hong Kong but have now relocated their 3-D printing business to the Qianhai Free Trade Zone, in Shenzhen.