Urgent.News

What's breaking now, across thousands of outlets.

World

Hong Kong to expand IP financing sandbox after 7 firms secure cheaper loans

The Hong Kong government has pledged to expand its intellectual property (IP) financing sandbox scheme by adding more participating banks and enterprises, after seven corporate users found that a nine-month trial helped lower their borrowing costs. “This will help refine the IP ecosystem, including valuation practices, professional service costs, supporting measures and market awareness,” Carmen…

Hong Kong to expand IP financing sandbox after 7 firms secure cheaper loans

Hong Kong national security police have arrested Boom News founder Tang Ho-wing on suspicion of spreading disinformation, according to a source familiar with the matter. Tang, who is 37 years old, was apprehended at around 7am on Wednesday. Previously a journalist at the Chinese University of Hong Kong’s student newspaper and the news branch of HK Golden, Tang started Boom News in 2020. The outlet primarily operates on social media platforms and currently has approximately 66,000 followers on Instagram.

Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at scmp.com →

More in World

More from Wednesday 30 September →