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Regulation

Regulation
The latest news, analysis and opinion on Regulation. In-depth analysis, industry insights and expert opinion.
A visitor exits an electric vertical takeoff and landing (eVTOL) aircraft in China’s Hubei province earlier this year. Photo: Xinhua
Low-altitude economy

Low-altitude sector hits turbulence in China’s Hangzhou as subsidies face repeal

Hangzhou tech hub looks to end financial incentives for development of light aerial vehicles, including eVTOLs, signalling more optimised regulations after June crash.

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Science

Editorial | China must enforce high standards of integrity for scientists

United States

Google says Gemini AI model breached real systems in security test

Banking & finance

Mainland Chinese tax drive flags Hong Kong MPF accounts as offshore trusts

As Beijing tightens tax collection, some mainland residents who previously worked in Hong Kong are being asked to explain their MPF accounts.

China’s Ministry of Finance, along with the State Taxation Administration, issued detailed rules this year governing individual income tax on offshore trusts, with some Hong Kong MPF accounts now mistakenly caught up in the tax drive. Photo: VCG via Getty Images
US-China relations

China edges US, EU on AI regulation trust in middle-income countries: Pew survey

US think tank study finds middle-income countries have ‘more positive views of China’ when it comes to regulating AI effectively.

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Russia

Opinion | Why Russia’s AI-powered economic future lies in its Far East

With a 10-year plan, the Far East gives Moscow what mature economies lack: room to redesign systems at regional scale.

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Cryptocurrency

Can Hong Kong use US crypto bill failure to boost its digital asset hub role?

City urged to act fast as window could vanish once Washington regains regulatory momentum.

The stalled push in Washington presents Hong Kong with a window to secure a regulatory lead, according to analysts. Photo: Getty Images
IPO

Tighter scrutiny of Hong Kong IPOs could slow deal flow, analysts say

CSRC and SFC wake-up calls to bankers and other intermediaries indicate emphasis on quality over quantity amid fervour for listings.

China’s private sector

China cracks down on big firms delaying payments to cash-strapped SMEs

New rules require large companies to pay suppliers within 60 days, with penalties for deliberate delays and incentives for clearing backlogs.

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Wealth management

In Focus | Why shifting assets won’t save New York’s rich Chinese from Beijing tax rules

With the 90-day grace period soon to run out, some ultra-wealthy living outside mainland China face complicated tax liability questions.

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Illustration: Lau Ka-kuen
Banking & finance

To lure long-term capital, Hong Kong financial council calls for MPF expansion

Official think tank urges broader retirement-fund investments, more mainland institutional capital and reforms to boost listings, bonds and corporate restructuring.

The eMPF mobile app is the central electronic platform for managing Mandatory Provident Fund schemes in Hong Kong. The Financial Services Development Council suggests allowing a portion of MPF funds to be invested in more asset classes and infrastructure. Photo: Handout
China property

Opinion | Why China won’t ban housing presales outright

Popular as the move might be, Beijing is trying to unwind the debt-fuelled property growth model without inviting another financial crisis.

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Hong Kong society

Why Chelsea football shirts are making Hong Kong fans nervous about crypto laws

Caught between their favourite football club and Hong Kong’s Stablecoins Ordinance, fans want to know if they can wear the tops openly.

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South Korea

What a viral Jennie clip reveals about South Korea’s deepfake struggles

Severe legal threats fail to deter a wave of teenage offenders who see digital victims as nothing more than pixels.

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Jennie of Blackpink performs onstage during the Coachella Valley Music and Arts Festival on April 20, 2025 in Indio, California. Photo: Getty Images for Coachella
Science

China in largest academic misconduct crackdown after ‘Student Geng’ scrutiny

NSFC names more than 40 researchers at 31 institutions in its biggest disclosure to date, following blogger’s allegations in April.

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In the wake of blogger and PhD dropout Student Geng’s April allegations, China’s leading funder of basic research has made its largest-ever public disclosure of academic misconduct, involving more than 40 researchers. Photo: Bilibili
Artificial intelligence

‘Slop’ purge: Chinese watchdog scrubs millions of harmful AI posts

Clampdown sweeps across 2,400 websites and apps as cyberspace watchdog escalates fight against generative tech abuse.

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Electric & new energy vehicles

Beijing issues guidelines for Chinese carmakers to curb discount wars overseas

New rules signal push for sustainable expansion as Chinese EV makers pursue long-term gains and influence in global markets.

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Artificial intelligence

Manus resumes solo operations after collapse of US$2 billion Meta deal

The AI start-up said its founders would continue to lead the firm as an ‘independent agent lab’, after Beijing torpedoed its acquisition by Meta.

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AI agent start-up Manus has resumed independent operations after unwinding its acquisition by Meta Platforms. Photo: Reuters
Hong Kong transport

Several ride-hailing firms express interest in Hong Kong licences: minister

Transport chief Mable Chan expresses confidence in operators, saying they are capable of meeting requirements laid out for licences.

Banking & finance

Hong Kong’s long-term wealth hub status safe from mainland curbs: JPMorgan exec

The investment bank’s North Asia chairwoman downplays regulatory hurdles – and views the city’s rivalry with Singapore in ‘win-win’ terms.

Diplomacy

Opinion | US-China AI rivalry needn’t preclude cooperation

Forcing countries to choose between the US’ and China’s initiatives would be counterproductive to global AI governance.

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The first session of the Global Dialogue on AI Governance in Geneva, Switzerland, on July 6. Photo: Xinhua
Hong Kong economy

Unmanned electric aircraft makes maiden flight in Hong Kong

Flight marks collaboration between mainland Chinese firm EHang, local transport operator Kwoon Chung Bus Holdings and tech hub Cyberport.

EHang’s flagship model, the EH216-S, carried a robot and conducted multiple sorties along predetermined routes at Cyberport. Photo: Dickson Lee
The Philippines

Philippine Roblox ban call sparks wider debate over children’s online safety

The online gaming platform has been blamed for the rise in school shootings and child sexual exploitation cases in Southeast Asia.

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Electric & new energy vehicles

Writing the rulebook? China to steer world’s first solid-state battery standards

As next-gen EV tech accelerates, the global standard agency’s nod could allow Beijing to export its domestic testing benchmarks worldwide.

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China-Latin America relations

Brazil fines TikTok record US$30 million for profiting from children’s data

ByteDance penalised for allegedly collecting data from 1 in 5 Brazilian children and failing to block minors from using TikTok.

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TikTok has faced mounting regulatory scrutiny around the world over child safety, age verification and the collection and use of young users’ data. Photo: TNS
Malaysia

Anwar’s call for creative freedom clashes with Malaysia’s censorship reality

The prime minister’s remarks come after Malaysia’s top court upheld a ban on the independent film ‘Mentega Terbang’ last month.

Malaysian Prime Minister Anwar Ibrahim says filmmakers should not feel “too pressured and constrained” to the point of having to ask “five times” whether a scene would be approved. Photo: dpa
US-China relations

TikTok, ByteDance agree to US$400 million settlement with US government

TikTok will pay US$300 million immediately and an additional US$100 million after entering an order vacating a prior consent decree.

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Hong Kong courts

Evergrande liquidators challenge watchdog’s HK$1 billion settlement with PwC

Developer’s liquidators are seeking to have agreement with PricewaterhouseCoopers Hong Kong quashed on the grounds of an abuse of power.

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