Hong Kong weighs petrol pricing disclosure rule in tenders as fuel costs surge

Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms to disclose pricing formulas when bidding for petrol stations – an idea the environment minister said could be considered. Secretary for Environment and Ecology Tse Chin-wan told the Legislative Council on Wednesday the government was open to reviewing the current tender policy for petrol station sites to bring down fuel prices, a proposal...