AROUND one-third of Scottish small and medium-size enterprises (SMEs) believe Brexit has made the prospect of doing business in Hong Kong more attractive. And 12 per cent of Scots SMEs are no longer confident about trading with Europe since the UK vote to leave the European Union.

The findings comes in research commissioned by by the Hong Kong Trade Development Council. The survey suggested 27 per cent of Scots SMEs would be attracted to Hong Kong because of its low tax rates.