The Hong Kong government plans to issue the first batch of online car-hailing licenses and is scheduled to legally operate in the fourth quarter.

According to media reports quoting informed sources, the Hong Kong Special Administrative Region Government plans to legalize ride-hailing services within this year and is expected to officially start legal operation in the fourth quarter. Sources revealed that the government will submit relevant documents to the Legislative Council as early as Monday, proposing to issue at least 10,000 ride-hailing licenses as a starting scale. The report pointed out that the government considers both the 30,000 license proposal put forward by the ride-hailing platform Uber and the 3,600 license proposal suggested by the taxi industry to be unfeasible. This policy planning shows that the government is promoting the legalization of ride-hailing services while carefully balancing market demand and industry feasibility. If the measures are approved by the Legislative Council, it will bring an official legal operating framework to the ride-hailing industry in Hong Kong.