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Government still weighing decision on restricting proxy voters, official says

  • Posted on August 22, 2026
  • By South China Morning Post
  • 1 Views
  • 1 min read
In brief

Government authorities are reconsidering proposed legislative amendments targeting the buildings management sector to prevent bid-rigging schemes. While officials recognize the necessity of implementing stricter oversight mechanisms, concerns have emerged regarding potential overreach in restricting proxy voting rights. The home affairs director has flagged that excessive limitations could inadvertently undermine legitimate shareholder participation and property management governance structures. Policymakers are currently evaluating the balance between enforcing anti-corruption measures and preserving democratic voting procedures within residential property associations.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Government still weighing decision on restricting proxy voters, official says
Government still weighing decision on restricting proxy voters, official says

Proposed changes to law on buildings management meant to combat bid-rigging but limits to proxy votes could be too strict, home affairs director says.
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Author
South China Morning Post

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