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flag Hong Kong SMEs face slower growth but excel in innovation and hiring amid financing challenges.

flag CPA Australia's Asia-Pacific Small Business Survey 2024-25 shows Hong Kong's SMEs are experiencing slower business growth but are strong on hiring and innovation. flag With 94% planning to innovate products or services and 79% expecting overseas sales growth, businesses are adapting to rising competition and uncertainties. flag However, financing conditions are tough, with 40% anticipating difficulties in accessing finance and 26% expecting trouble repaying debts. flag Despite challenges, SMEs are leveraging technology and government support to stay competitive.

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