Hong Kong is set to trial an electronic proxy voting platform in the upcoming year, aiming to reduce bid-rigging in private housing estates. This initiative is part of proposed amendments to the Building Management Ordinance. The government has opted against an immediate cap on proxy votes, instead focusing on the technological solution to improve transparency and fairness in estate management processes. AI
RANK_REASON This is a significant policy change by a government entity regarding a new technological solution for estate management. [lever_c_demoted from significant: ic=1 ai=0.1]
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