Ride-hailing companies are expected to be licensed by the fourth quarter of next year after legislators passed a bill establishing a regulatory framework for the services in Hong Kong, a step that should bring to an end a long-running acrimonious dispute with the taxi trade.
By a show of hands, lawmakers passed the Road Traffic Amendment Bill on Wednesday, and it will be sent to Chief Executive John Lee Ka-chiu for his signature before being gazetted.
“The passage of the bill marks a new…