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Regulation of crowdfunding in Hong Kong

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  1. #11

    Join Date
    Aug 2009
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    2,663
    Quote Originally Posted by TheBrit:
    Time will tell, my friend. Like it or not, Hong Kong whoever they are has zero power, zero leverage and zero means of enforcement for the sort of thing hull does.
    the question is not whether they can or will enforce it, the question was whether it is captured (intended or not) once this is written into law. of course we will only know this once the law it out.

    It could get interesting though, if the Children's Foundation does an annual gala dinner where they raise funds, would that be captured or not? ie how do you define crowdfunding
    traineeinvestor likes this.

  2. #12

    Join Date
    Sep 2022
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    759

    ..whatever constitutes an offence to establishment and threat to social fabric and national security..

    Socialist communist fascism - words is the guideline
    Democracy - words is the rule of law


  3. #13

    Join Date
    May 2006
    Location
    Pampanga, Philippines
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    28,022

    All I can say is get your donations in before they introduce the law

    On the fringes this would be hard to police I would have thought. As an example if I sent you all a PM would that count? If I posted an appeal on FB not specifically aimed at HK and someone copied it on here would that count?

    Will be interesting as Shri says.


  4. #14

    Join Date
    Jan 2010
    Posts
    6,334
    Quote Originally Posted by hullexile:
    All I can say is get your donations in before they introduce the law

    On the fringes this would be hard to police I would have thought. As an example if I sent you all a PM would that count? If I posted an appeal on FB not specifically aimed at HK and someone copied it on here would that count?

    Will be interesting as Shri says.
    Going by the consultation paper, sending a PM wouldn't be "public" so wouldn't be covered. Your second example would be covered. It's worded about as broadly as the NSL and probably just as difficult to enforce outside of HK.
    hullexile and shri like this.

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