SOME of the most influential players in Hongkong's real estate industry have set up a taskforce to tackle the Government on the controversial issue of licensing.
They want stricter controls imposed after the Government approved a ''negative licensing'' system last month.
The Society of Hongkong Real Estate Agents - which includes many of the big firms among its members - has formed a committee to address the problem.
Mr Michael Choi Ngai-min, the society's president, said: ''The Government's proposal is acceptable in the short-term.
''But we are looking for positive licensing in the long-term.
''The committee has been set up to work out a strategy for that and to keep a constant flow of information going between ourselves and the Government.'' It is hoped a document will be ready before the end of the summer detailing the society's views.