Opinion | Give Hong Kong’s talented Gen Z skin in the game or prepare for an exodus
- Hong Kong’s millennials face diminished economic opportunities, widening income inequality and perceived interference with their way of life. More must be done to increase their political and economic participation, tapping their digital fluency
Online, “we just really f**king love Hong Kong” has become a Gen Z catchphrase. While most Hongkongers still consider themselves Chinese – distancing from any allusion to an independent state – this is by far the most polarised Hong Kong has been since the handover.
There is a generational element at work. Gen Z has no knowledge of a world without the internet and digital technology, as the first generation of true digital natives. Technology will be an essential component in their career development.
Yet, neither their technical proclivities nor sound understanding of the digital economy has brought rewarding careers. “If it ain’t broke, don’t fix it” is a tried-and-tested formula that many Hong Kong companies stubbornly cling to. More than anything, such reluctance to change may hasten the end of Hong Kong’s competitiveness.