Beijing Intervention Won't Stop Our Fight: Pan-dems
"); jQuery("#212 h3").html("

"); });
2020-04-14 HKT 12:24
Defiant pro-democracy lawmakers said on Tuesday that Beijing's "blatant intervention" in Legco affairs won't make them alter course, and what they are doing is responding to the demands of the public.
On Monday, the Hong Kong and Macau Affairs Office (HKMAO) condemned pro-democracy legislators for dragging out council proceedings to the extent that a chair of the House Committee has not been elected since Legco reopened in October after the summer break.
The HKMAO went as far as claiming that pro-democracy legislators may have breached their oaths of office and could be guilty of misconduct in public office.
The lawmakers in turn accused Beijing of interfering in local affairs and damaging the "One Country, Two Systems" principle.
They added that the HKMAO's warnings would not affect the way they conduct themselves in the legislature.
"I'm sure that the Hong Kong people understand that the legislators from the democratic camp are doing their very best to answer and to respond to people's demands," said convenor Tanya Chan.
"What we are doing complies with Hong Kong law as well as the Basic Law," the Civic Party legislator added.
"So I can't see that there's any possible way that we are not going to act in the same direction. So, what we need is people's support. Please do support us and we will fight this battle, even though it is an uphill battle."
Chinese Regulator Approves Citis Plan For Its Own Securities Firm
Citi has received approval from the China Securities Regulatory Commission (CSRC) to set up a wholly owned capital mark... Read more
HSBC RedCoin Debuts On PayMe With Wider Stablecoin Rollout Planned
HSBC has launched HSBC RedCoin, its first stablecoin, on the PayMe mobile payment app in Hong Kong. Denominated in Hong... Read more
Unlimit Joins Hong Kong Governments Strategic Enterprise Partners
Unlimit has signed a partnership agreement with the Hong Kong Government, which named the global financial infrastructu... Read more
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
No institution moves into digital assets until it knows who will hold them and what happens to those assets if that cus... Read more
EleBank Opens First Physical Store In Hong Kong
Hong Kong digital bank EleBank has opened its first physical store in Causeway Bay as it expands beyond online banking ... Read more
Taiwan Blocks Grabs US$600 Million Foodpanda Acquisition
Taiwan’s Fair Trade Commission (FTC) has blocked Grab’s proposed US$600 million acquisition of Delivery Hero’s fo... Read more