Beijing Steps Up Campaign Against HK Protests
"); jQuery("#212 h3").html("

"); });
2019-08-15 HKT 19:25
The State Council on Thursday stepped up its media campaign against the anti-extradition movement, by inviting a number of Basic Law scholars to address the SAR's crisis at a press conference.
One academic, Zou Pingxue, said the key to restoring normality in society was to stamp out violence. He brushed aside suggestions that Chief Executive Carrie Lam could heal the social divide by addressing some of the demands of the protesters.
An associate professor of law at Beihang University, Tian Feilong, said demonstrators should think twice before trying to threaten Beijing to give in to their demands by paralysing Hong Kong's economy.
Tian said their action could hurt not just China but the entire global economy.
"To hijack Hong Kong's financial status to ask the central government to compromise is ridiculous," he said.
"Hong Kong's status is not critical not only to China's financial but also to the global financial infrastructure, free trade, financial prosperity... If anything goes wrong in Hong Kong, European, American stock markets and their financial security will be damaged."
Director of Hong Kong and Macau Studies at the Shanghai Institute of International Studies, Zhang Jian, said Beijing is fully justified to liken the attacks on two mainlanders at the Hong Kong airport on Tuesday to terrorism.
Acts of violence and intimidation that threaten national security and attack people for political purpose is termed as terrorism, he said.
EX.IO Partners With Franklin Templeton To Expand Tokenised Assets In Hong Kong
EX.IO, a licensed virtual asset trading platform in Hong Kong, has formed a strategic partnership with global investmen... Read more
HKMC Prices HK$12 Billion Digital Bond Issuance, Largest Globally
The Hong Kong Mortgage Corporation Limited (HKMC) has priced its inaugural digital bond issuance, raising approximately... Read more
MUFG, SMFG And Mizuho Plan Joint Yen Stablecoin By March 2027
Three of Japan’s largest financial groups, MUFG, SMBC, and Mizuho, plan to jointly issue a stablecoin by March 2027, ... Read more
TransUnion Launches Free Credit Reports For Lost HKID Holders In Hong Kong
TransUnion is offering a one-time free credit report to eligible individuals in Hong Kong who have lost their Hong Kong... Read more
Why HSMs Are Becoming Essential For Digital Asset Key Security
Conversations revolving around digital asset finance often return to the blockchain, but Shaun Chen’s concern sits cl... Read more
Webinar: The Deepfake Threat And What APAC Financial Institutions Are Doing About It
Generative AI is making fraud more convincing and easier to scale. Reports of Gen AI-enabled scams rose 456% between Ma... Read more
