In response to the government's push toward a "knowledge-based economy society", the development and applications of e-learning technologies have become more and more popular in Hong Kong. E-learning provides a student-centered learning environment and delivers knowledge on-demand with up-to-the-minute information. However, a high student-dropout rate and low satisfaction with the learning processes remain to be the drawbacks currently. In this paper, we review several universities' initiatives in launching e-learning programs and/or conducting projects in this direction. We also look at some of the trendy directions in addressing the current problems of existing e-learning systems.