business

Hong Kong's Silver Economy Sees 'Blue Ocean' Prospects

The Silver Tsunami: Hong Kong's Aging Population as a Market Opportunity Hong Kong's aging population has long been a concern, but Financial Secretary Paul Chan Mo po sees it as a promising blue ocean market opportunity.

While this might seem like an optimistic spin on a demographic shift that could be crippling to many economies, Chan is onto something.

The growth of the silver economy in Hong Kong – projected to reach HK$500 billion by 2034 – presents a unique chance for innovation and growth.

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