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Despite a downturn in Hong Kong’s food and beverage sector, foreign enterprises are still betting on the city as a fine-dining destination, with a South Korean hydroponic ginseng grower and a 123-year-old Japanese confectioner choosing it for their first overseas ventures. Jack Kwon, founder and CEO of Seoul-based Biofx, signed a deal with Hong Kong hydroponics firm Farm66 last Thursday to grow Korean gourmet ginseng in the city and sell it to local consumers and restaurants. The deal marks the...
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