Hong Kong’s new IPO listing rules working for innovation startups
Technology

Hong Kong’s new IPO listing rules working for innovation startups

IT, biotech, medtech, healthtech early stage companies find a new friendly listing platform in Asia. The Hong Kong Stock Exchange (HKEX) has recently reformed its…

Crypto exchanges flee from Asia amid regulatory uncertainties
Business

Crypto exchanges flee from Asia amid regulatory uncertainties

Scared away by regulatory clampdowns and uncertainty, cryptocurrency exchanges are fleeing Asia in general and Hong Kong in particular. At least three major exchanges, including…

Xiaomi IPO came sooner than planned amid reforms in listing regulations
Technology

Xiaomi IPO came sooner than planned amid reforms in listing regulations

Chinese electronics and software company Xiaomi’s IPO apparently came sooner than previously expected, as the rather controversial major reforms in Hong Kong and China’s listing…

Funding alone is not enough to promote innovation and technology, says IT industry
Technology

Funding alone is not enough to promote innovation and technology, says IT industry

“We need a blueprint, not a short-term work plan,” said insiders from the IT industry in a seminar on Tuesday, held to discuss how funding…

Hong Kong regulator cautions on ICOs, halts Black Cell raise
Technology

Hong Kong regulator cautions on ICOs, halts Black Cell raise

Hong Kong’s Securities and Futures Commission has recently halted an initial coin offering (ICO) launched by Hong Kong-based Black Cell Technology Limited and ordered the issuer to refund its…

Grand vision for tech park on northern border but many doubt benefits
Policy

Grand vision for tech park on northern border but many doubt benefits

A funding of $800 million is needed for the early-stage development of the Hong Kong-Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop,…

Digital-only-banks likely to have an impact, but not in the short term, experts said
Smart City

Digital-only-banks likely to have an impact, but not in the short term, experts said

The Hong Kong Monetary Authority (HKMA) has issued an update on guidelines related to the authorization of virtual banks in Hong Kong and commenced a…

Citizens’ rights shortchanged in surveillance law amendment, says IT lawmaker
Technology

Citizens’ rights shortchanged in surveillance law amendment, says IT lawmaker

Charles Mok says an amendment to the decade-old Interception of Communications and Surveillance Ordinance inadequately limits the government’s cyber-surveillance powers.

Multiple payment options for parking meters proposed
Technology

Multiple payment options for parking meters proposed

By late 2016, Visa, MasterCard and UnionPay users may be able to use their cards to pay for parking in some urban areas under a…

Transport Department forces Tesla to remove Calendar app
Policy

Transport Department forces Tesla to remove Calendar app

Transport Department believes Tesla’s popular app is a distraction for drivers, much to Tesla’s and some drivers’ dismay.