Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 76

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 76
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 protection
and privacy are still uncertain and evolving. We cannot assure you that the governmental authorities will not interpret or implement the
laws or regulations in ways that negatively affect us. We may be subject to investigations and inspections by government authorities regarding
our compliance with laws and regulations on data privacy, and we cannot assure you that our practices will always fully comply with all
applicable rules and regulatory requirements. In addition, laws, regulations and standards on data protection and privacy continue to
develop and may vary from jurisdiction to jurisdiction. Complying with emerging and changing international requirements may cause us to
incur substantial costs or require us to change our business practices.

In addition, the Competition Ordinance (Chapter
619 of the Laws of Hong Kong) prohibits and deters undertakings in all sectors from adopting anti-competitive conduct which has the object
or effect of preventing, restricting, or distorting competition in Hong Kong. It provides for general prohibitions in three major areas
of anti-competitive conduct described as the first conduct rule, the second conduct rule, and the merger rule. The first conduct rule
prohibits undertakings from making or giving effect to agreements or decisions or engaging in concerted practices that have as their object
or effect the prevention, restriction, or distortion of competition in Hong Kong. The second conduct rule prohibits undertakings that
have a substantial degree of market power in a market from engaging in conduct that has as its object or effect the prevention, restriction,
or distortion of competition in Hong Kong. The merger rule prohibits mergers that have or are likely to have the effect of substantially
lessening competition in Hong Kong. The scope of application of the merger rule is limited to carrier licenses issued under the Telecommunications
Ordinance (Chapter 106 of the Laws of Hong Kong). As of the date of this Report, we and our Hong Kong subsidiaries have complied with
all three areas of anti-competition laws and requirements in Hong Kong. Our Hong Kong subsidiaries have not engaged in any concerted practices
that have an object or effect to prevent, restrict, or distort competition in Hong Kong. Additionally, neither we nor our Hong Kong subsidiaries
possess a substantial degree of market power in the Hong Kong market that could trigger the second conduct rule. The merger rule is equally
not applicable to us or our Hong Kong subsidiaries since neither we nor our Hong Kong subsidiaries hold any carrier license issued under
the Telecommunications Ordinance.

Except for the Basic Law of the Hong Kong Special
Administrative Region of the People