The limit of applications is due to the limited land and expensive office space.
The
research is top-notch for a city of 7 millions (4 millions 50 years
ago). Being English speaking in HKU, they have more citations of the
research papers more than any Chinese universities (but the trend should
be reversed).
One example, the founder of DJI
(drone) graduated in HK Tech. U., got a small grant from the u and went
back to Shenzhen to start his business (this is the application), where
all the components are readily available next street.
Many of HK talents are in finance, health delivery, real estate, international trade... where the city has an edge.
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