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Category: Insights

China Updates – 1 December 2022

Hong Kong poised to become a health tech hub in Greater Bay Area: since 2018, more than 100 healthcare enterprises have listed in Hong Kong, raising over HKD 100 billion. New digital transformation guidelines for SMEs in mainland China seek to optimise SMEs’ capacity to transform digitally .

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China Updates – 17 November 2022

Hong Kong is back in business in the fast lane and poised to become the go-to listing venue for innovative companies from all over the world. China releases 2022 Catalogue of Industries to spur foreign foreign investment

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China Updates – 2 November 2022

The Hong Kong Monetary Authority has launched a new platform that enables banks to gain a more accurate picture of businesses’ financial health, thereby boosting the chances of SMEs in securing loans. The Shanghai Municipal People’s Government has introduced a range of measures to boost inbound reinvestment by foreign investors.

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The future of audit: How technology is changing the landscape of audit and assurance services

With more sources of data input that go beyond the limits of historical data coming into play, the nature of the audit process will undergo a transformation: from an essentially reactive exercise delivered in hindsight into an increasingly forward-oriented and anticipatory endeavour. In this article, we discuss different ways technology is reshaping the landscape of audit and the concomitant risks.

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Aerial view of Hong Kong Downtown

Hong Kong: New Inspection Regime Phase II

Hong Kong brings the Companies Register’s New Inspection Regime into operation phase by phase from August 2021 to December 2023 to limit the disclosure of personal data in the Companies Registry. Under Phase 2 of the new inspection regime, usual residential addresses and full identification numbers on the Index of Directors on the Companies Register are replaced with correspondence addresses and partial identification numbers for public inspection.

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