Chinese ride-hailing giants back Hong Kong plan to cap permits at 10,000

    Chinese ride-hailing giants back Hong Kong plan to cap permits at 10,000

    Two mainland Chinese ride-hailing operators in Hong Kong have backed a controversial plan to regulate the industry by capping vehicle permits at 10,000, a figure the city’s largest American business chamber considers insufficient. In submissions to the Legislative Council on Monday and in recent days, Amap and Didi Chuxing said they supported the Transport and…

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    Hong Kong business confidence hits 2-year high, survey finds

      Hong Kong business confidence hits 2-year high, survey finds

      Business confidence in Hong Kong has reached its highest level in two years, with more than half the companies polled by the American Chamber of Commerce in the city expressing optimism about their outlook for 2026, noting that geopolitical tensions had largely stabilised. However, the chamber’s survey also found that 43 per cent of respondents…

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