Financial news
Written by: Huang Youhua
2020-01-08 16:20
Last updated: 2020-01-08 16:20Big data expert and Sequoia Capital China Fund expert partner Che Pinjue attended the forum today (8th), saying that the Mainland is legislating on data security and will face greater restrictions on the use of data. However, the transparency of data is very important for the development of science and technology.
Chepinjue pointed out that Hong Kong can take advantage of one country, two systems, and has the potential to become an international data aggregation point. If different data management methods are compatible, the company only needs to do a compliance review. He also pointed out that if a special data processing area can be set up in Hetao District, it will help become a center for data collection and management of Dawan products.
The Privacy Commissioner of the Hong Kong Personal Data Privacy Commissioner, Huang Jier, pointed out that the difference in laws is a major problem. Not only the Mainland, but also many Southeast Asian countries also face the same difficulties. Therefore, these countries have resolved to establish common international standards. In addition, Hong Kong has printed many guidelines to analyze the differences in laws and regulations in various countries to promote Hong Kong as a data center.
When asked if big data can analyze when those "unicorns" are worth buying and leaving, Che Pinjue also believes that the value of "unicorns" is whether they can meet people's needs and have high innovation ability. And whether it is worth investing in a "unicorn" depends on the financial statements.
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