Core Viewpoint - The ongoing dispute between ride-hailing services and traditional taxis in Hong Kong has persisted for over 11 years, highlighting the need for regulatory frameworks to address safety, service quality, and competition issues [1][2]. Regulatory Framework - The Hong Kong government recognizes the urgency of establishing a legal framework for ride-hailing services, as the lack of regulation has led to ongoing disputes between ride-hailing and traditional taxi services [2][4]. - The proposed regulatory framework aims to prioritize the interests of citizens, ensuring safer and more diverse transportation options [4]. Platform Regulation - All ride-hailing platforms must obtain a ride-hailing platform license, with a validity of five years, subject to performance evaluations for renewal [5]. - Platforms must be registered companies in Hong Kong and are required to comply with specific licensing conditions to ensure service quality [5]. Vehicle Regulation - All vehicles providing ride-hailing services must obtain a ride-hailing vehicle license, with conditions including a maximum vehicle age of seven years and annual inspections [6]. - Licensed vehicles can register with multiple ride-hailing platforms but cannot pick up passengers without prior booking [6]. Driver Regulation - Drivers must obtain a ride-hailing driver license, valid for five years, with the possibility of unlimited renewals if they meet specific criteria [7]. - Requirements for drivers include being at least 21 years old, holding a private car driving license for at least one year, and passing designated assessments [7]. Industry Dynamics - The proposed regulations aim to create a complementary relationship between ride-hailing services and traditional taxis, enhancing the overall transportation ecosystem in Hong Kong [8]. - The framework acknowledges the unique characteristics of Hong Kong's high-density road resources and aims to balance the interests of various stakeholders while avoiding congestion [8][9].