This series of articles explains the opportunities for business angel investment in Hong Kong. Part 1 Introduction – introduces angel investment in Hong Kong. Part 2 discusses the startup scene in Hong Kong, Part 3 outlines the profiles of business angels and networks, Part 4 describes financial infrastructure, Part 5 covers Government technology policies, Part 6 presents recent examples of success stories in the tech sector.

Profitable or potentially profitable PRC domestic enterprises are now very sought-after acquisition targets for foreign investors and venture capital funds.

This series of articles explains the opportunities for business angel investment in Hong Kong. Part 1 Introduction – introduces angel investment in Hong Kong. Part 2 discusses the startup scene in Hong Kong, Part 3 outlines the profiles of business angels and networks, Part 4 describes financial infrastructure, Part 5 covers Government technology policies, Part 6 presents recent examples of success stories in the tech sector.

In the past, all technology transfer contracts had to be registered before they were legally enforceable in the PRC. However, according to the new regulations on technology import and export which came into effect on 1 January, 2002, a new category of technology, the import or export of which does not require the approval of the Ministry of Foreign Trade and Economic Co-operation ("MOFTEC"), was created.

People reading my piece last month about the state of the world's economy may have detected a more pessimistic tone than in previous issues.

The Telecommunications (Amendments) Bill 2002 was gazetted on 3rd May, 2002 and aims to amend the Telecommunications Ordinance to provide a legislative framework for the regulation of merger and acquisition activities in the telecommunications sector where such activities may reduce competition in the market.

The Government launched the new Capital Investment Entrant Scheme (new "CIES") earlier this year, in line with its ongoing efforts to revitalise Hong Kong's economy.

The Stock Exchange of Hong Kong Limited (the Exchange), on 13 October 2010, announced interim guidance on pre-IPO investments, pending consultation on possible amendments to its Listing Rules (Listing Rules).

A recent decision by the High Court in Hong Kong could have a significant impact on independent financial advisers ("IFAs") who may have previously believed they were safe from being held responsible for losses due to market conditions.

The casualties of the sub-prime crisis have thus far been confined to financial institutions and investor confidence is at an all time low despite unprecedented measures by central banks around the world injecting hefty funds to shore up financial institutions and large corporations except for Lehman Brothers.

Welcome to the December edition of Clyde & Co's Construction Newsletter, and we would like to take this opportunity to wish you all a merry Christmas and a joyful New Year.