CPA Australia: Hong Kong small businesses tip record overseas sales and innovation

  • Hong Kong’s small businesses have high expectations for growth.
  • A record nine-in-10 small businesses expect to innovate in 2023.
  • Revenue from overseas sales and innovation will support recovery and long-term growth.

HONG KONG SAR – Media OutReach – 16 April 2023 – More of Hong Kong’s small businesses expect to grow this year than at any other time since 2011, after bouncing back from COVID-19. They have record expectations for innovation and overseas sales in 2023, according to one of the world’s largest professional accounting bodies.