Phyrex|Jan 01, 2026 21:06
I’ll just share my own feelings. I don’t want to say much about the Far Ocean situation, but some traditional entrepreneurs around me haven’t chosen Hong Kong. Although Hong Kong seems to have no capital gains tax, all information in Hong Kong is shared—won’t say more about that.
Secondly, the actual living costs in Hong Kong are about the same as in Singapore, and in some cases, even higher than Singapore. Compared to the UAE and Malaysia, especially the UAE and Malaysia, the cost of living is already much cheaper than in Hong Kong.
To me, Hong Kong is becoming more and more like Shenzhen.
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