The blame for the sad situation goes to stock markets and stock market regulations in the first place. They make it illegal to know things about companies.
Bingo.
A surprising number of modern web problems can be solved via static pages - speed, usability, scalability etc.
I remember finally turning down one project after failing to convince the small businessman that his site didn't need an unskippable flash intro with techno music.
Edit: I think that nowadays web 2.0 needs have been replaced with 'BIG Data'. I have a current client whose data set is less than 30 MB, but he insists that it is not just big data, but HUGE data! Which is a shame, As it is an interesting problem he has, but I will probably turn it down too.
Are you moving to HK for a specific reason? As it's one of the world's most expensive places and although things are slowly improving it's not a particularly great place for startups.
Ya, HK is pretty much dominated by financial; no one goes there to work in tech, and there isn't much of a talent pipeline. Singapore, Bangkok, Shenzhen, shanghai, Beijing are better.
Coincidentally, I'm in HK on holiday going back to Beijing tomorrow. I'm suffocating in this small hotel room....my wife did a lot of shopping, though.