Antitrust Antitrust

Hong Kong antitrust regulator sees small budget cut for fiscal 2021-22 as litigation costs expected to dip

By Xu Yuan
  • 24 Feb 2021 00:43
  • 24 Feb 2021 00:43
Hong Kong’s antitrust regulator will receive a slightly smaller budget for the coming fiscal year because litigation costs are expected to go down.
The government announced today that the Competition Commission would receive a financial provision of HK$138.4 million (US$17.9 million) for the coming fiscal year, which runs from April

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Xu Yuan

Senior Correspondent


Xu Yuan has worked for MLex for seven years, all of them based in Hong Kong. She has reported on a wide range of regulatory topics, including antitrust, cybersecurity and data security, in mainland China, Hong Kong and Taiwan. She has broken numerous stories on policymaking and enforcement involving international companies doing business in the region and done substantial court reporting in Hong Kong. She is currently specializing in covering regulatory issues related to future mobility, including connected vehicles. She previously worked for US TV network NBC in Beijing. She received her undergraduate degree in English Literature and Linguistics from Peking University and a master’s degree from the Journalism and Media Studies Centre at The University of Hong Kong.

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