Hong Kong authorities should issue about 20,500 licences in the first phase of regulating ride-hailing platforms, lawmakers and experts have said, arguing that the city needs at least 15,000 active cars daily to meet existing demand and avoid worsening transport shortages.
The proposal came as several lawmakers told the South China Morning Post, on condition of anonymity, that the government had recently consulted them on a regulatory framework for ride-hailing services but had not presented any...
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