Hong Kong’s Security regulator to bring crypto into its regulatory reach
Technology

Hong Kong’s Security regulator to bring crypto into its regulatory reach

Last Thursday, Hong Kong’s Securities and Futures Commission (SFC) said its regulatory net will extend to cryptocurrency. Industry insiders welcome the move but say its…

Regulators, industry and legislators welcome crypto exchange rules (but definitely not a ban)
Technology

Regulators, industry and legislators welcome crypto exchange rules (but definitely not a ban)

Hong Kong’s Securities and Futures Commission (SFC) is considering regulating the trading platforms of cryptocurrency, rather than banning them. On Monday, the SFC’s outgoing chairman,…

Policy Address 2019: I&T, IT, R&D – More More MORE!
Technology

Policy Address 2019: I&T, IT, R&D – More More MORE!

As Hong Kong chief executive Ms Carrie Lam is scheduled to unveil the 2018-2019 Policy Address this Wednesday, different parties have now put forward suggestions…

Data privacy: Europe does a check up; Hong Kong just trusts
Technology

Data privacy: Europe does a check up; Hong Kong just trusts

Last month, the Office of the Privacy Commissioner for Personal Data in Hong Kong said Facebook account holders in Hong Kong were not affected in…

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,…