ADVOCACY

The Voice of Business in Hong Kong since 1861

ALL SUBMISSIONS

WE MAKE DOING BUSINESS EASIER

The Chamber's core function is to lobby on behalf of businesses' interests to ensure the competitiveness and integrity of the Hong Kong business community. We regularly submit policy statements and proposals to enhance our business environment. We urge all members to contribute your views and suggestions on how we can hone Hong Kong's position as one of the best places in the world to do business.
Competition (Block Exemption for Vessel Sharing Agreements) Order Consultation Paper

The Chamber supports the extension of the Competition (Block Exemption for Vessel Sharing Agreements) Order (“the Order”) in its current form for another term of five years. We believe that the existing Order and proposed period of extension will provide a stable and predictable regulatory environment for and in sustaining the competitiveness of Hong Kong’s shipping and logistics sector– a major pillar of our economy. We also continue to advocate for the removal of the market share limit for vessel sharing agreements currently imposed under the Order for the reasons set out in our response.

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HKEX Consultation Paper on Special Purpose Acquisition Companies (SPACs)

The Chamber notes that despite the recent interest in and use of Special Purpose Acquisition Companies (SPACs) as a listing vehicle, there have been growing concerns and regulatory scrutiny in early adopter jurisdictions such as the United States. Should SPACs be approved in Hong Kong, the Chamber recommends that such instruments be subject to the HKEX’s Listing Rules to the greatest extent possible.

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Public Consultation on Proposed Code of Practice for Third Party Funding of Mediation

The Chamber believes that there are a number of fundamental issues which should be addressed before consideration is given to the issue of whether a Code of Practice for Third Party Funding of Mediation is needed. Should the decision be made to proceed with the implementation of such a code, we would suggest against the replication of contents of the existing code for arbitration given that there are fundamental differences between these two forms of alternative dispute resolution.

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Hundreds of experts serving on the Chamber's committees contribute their knowledge and  insights to develop concrete, practical proposals for strengthening Hong Kong's business environment. See our past work and share with us you views on what you would like to see done.

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Advocacy Enquiries
advocacy@chamber.org.hk
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