{
  "id": 13829706,
  "title": "Hong Kong must ease listing rules to attract more angel funds and start-ups: HKEIA",
  "url": "https://urgent.news/2026/10/12/hong-kong-must-ease-listing-rules-to-attract-more-angel-funds-and-13829706",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T00:00:16.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3370419/hong-kong-must-ease-listing-rules-attract-more-angel-funds-and-start-ups-hkeia"
  },
  "original_language": "en",
  "account": "Hong Kong must make it easier to list stocks and handle transactions to attract more angel funds and startups, according to Samson Tam Wai-ho, chairman of the Hong Kong Electronic Industries Association (HKEIA). The city currently has around 100 active angel funds, significantly fewer than Shenzhen's 400, and Shanghai and the U.S., which have many active angel funds. Tam believes the lack of angel funds and early-stage investors is a major weakness in Hong Kong's capital market, making it less attractive for startup founders to set up businesses there. To address this issue, Tam suggests simplifying the process for angel funds to cash out their investments through listings or mergers and acquisitions. Hong Kong Exchanges and Clearing (HKEX) has already initiated a consultation paper proposing to shorten the post-listing waiting period from three to one year and reduce the number of transactions requiring shareholder approval. HKEIA, established in 1980, promotes the growth and global expansion of Hong Kong's electronics and technology industries, which has about 300 corporate members, including large listed companies like Lenovo and VTech. In addition to simplifying the listing process, HKEIA will host a Future Industries Zone at the upcoming Electronic Fair, where top 100 future industries pioneers will meet with angel investors, family offices, and other institutional investors.",
  "summary": "Hong Kong would need to ease its listing rules and transaction requirements to attract more angel funds and become a hub for start-ups to go global, according to a leading industry body in the city. The city has only around 100 active angel funds – private investment vehicles targeting very early-stage innovative enterprises. This was far fewer than Shenzhen, which had about 400 such…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "Laopu Gold deepens Hong Kong footprint with entire-floor lease at Central tower: sources",
        "url": "https://urgent.news/2026/10/11/laopu-gold-deepens-hong-kong-footprint-with-entire-floor-lease-at",
        "published": "2026-10-11T23:00:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}