<p style="text-align: justify;">Hong Kong may soon get its first billion-dollar startup, thanks to a 25-year-old entrepreneur whose company leases phones to travelers.</p> <p style="text-align: justify;">Tink Labs Ltd. is in the process of raising about $40 million and aiming for a valuation of more than $1 billion, according to people familiar with the matter. The fundraising isn&rsquo;t yet complete and the final figures could change, said the people, asking not to be identified because the information isn&rsquo;t public.</p>