Under new proposals, all Hong Kong crowdfunding activities, be they online or offline, are to be pre-approved by a new body regardless of their purpose. Photo: Shutterstock
Under new proposals, all Hong Kong crowdfunding activities, be they online or offline, are to be pre-approved by a new body regardless of their purpose. Photo: Shutterstock
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Hong Kong crowdfunding move needs to raise hopes of legitimate parties

  • Proposals must strike a balance by stamping out abuse of valuable cash tool for worthy causes and encouraging its use within city’s law

Under new proposals, all Hong Kong crowdfunding activities, be they online or offline, are to be pre-approved by a new body regardless of their purpose. Photo: Shutterstock
Under new proposals, all Hong Kong crowdfunding activities, be they online or offline, are to be pre-approved by a new body regardless of their purpose. Photo: Shutterstock
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