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Cyberspace is rapidly supplanting physical space as a business environment. Even successful small firms need to put a lot of effort into navigating this setting, which is not only new, but growing and changing with amazing speed.

As large enterprises integrate environmental protection, social responsibility and corporate governance (ESG) into businesses, SMEs upstream in the supply chain need to follow suit and fully implement ESG.

InnoClub, a one-stop platform jointly created by the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank, recently held a seminar Connecting Upstream and Downstream: Building a Smart Supply Chain with Digital Technology. Supply chain, logistics, operations and procurement managers tackled the supply chain and payment system pain points of small and medium-sized enterprises (SMEs).

Hong Kong’s has a sound financial and legal system and its unique geographic advantages make the city an ideal venue for international legal and arbitration services.

Those who were already in work during the heady 1990s, when simply tagging “.com” to the end of a brand name brought sky-high valuations, will also remember the blowout in the 2000s when most of the “dotcoms” vapourised leaving just a few to soar.

Virtual assets have generated a great deal of excitement across the financial world setting boardrooms, cafes and bars abuzz with talk about Bitcoin, blockchain, NFTs and more.