In the News: Tech Entrepreneurs Leaving China to Expand into US; Hong Kong Launches its New Crypto Regime; and China Proposes New Rules to Reduce Private Fund Risks

June 07, 2023 | BY

Clarence Lee

Chinese tech entrepreneurs are considering moving out of China in order to overcome U.S. tech restrictions; Hong Kong publishes guidelines for virtual asset operators and the licensing process; and China's proposal to impose restrictions on private securities funds causes controversy.

Andreas Prott/Adobe Stock

Chinese Tech Entrepreneurs Eager to Expand into U.S. Despite Challenges

Many Chinese techentrepreneurs are moving their operations abroad in an attempt to continue doing business in