All Eyes On Legco Decision By Beijing
"); jQuery("#212 h3").html("

"); });
2020-08-07 HKT 13:55
The controversy over a one-year vacuum in the legislature because of the postponed Legco election – along with the fate of four disqualified lawmakers – takes centre stage when the National People's Congress Standing Committee kicks off a four-day meeting on Saturday.
Debate rages on whether Alvin Yeung, Dennis Kwok, Kwok Ka-ki and Kenneth Leung, who were barred from running in the now-delayed 2020 vote, should be allowed to stay on in the coming year.
The NPC Standing Committee is also expected to make a decision on how to fill the vacuum, with proposals such as a provisional legislature.
Political commentator Cheung Chor-yung believes the NPC Standing Committee should allow the four disqualified lawmakers to remain.
"I would say that the least controversial decision for them really is to allow all the existing Legco members to continue to serve in the Legislative Council in the coming year," he told an RTHK radio programme on Friday.
"Even though they are being regarded as disqualified for the September election, it doesn't mean that they are disqualified to serve in the current Legislative Council. And if you look at some of the candidates being qualified, they are also serving in the district council. Then do you also mean they're being expelled from the current district council?"
Hong Kong's sole delegate on the NPC Standing Committee, Tam Yiu-chung, said he will be reflecting the views of Hong Kong people at the meeting in Beijing.
He flew to the capital from Hong Kong on the eve of the four-day meeting.
Another pro-establishment heavyweight, Maria Tam, who's a deputy director of the Basic Law Committee, said the issue relating to Legco is not on the agenda for now. But she believes members will take up the topic at the meeting.
China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks
China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more
Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more
South Korea To Cap Crypto Exchange Ownership At 20%
South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more
DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding
Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more
Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more
Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more
