Beijing Upholds Patriots-only Rule In HK: Premier
"); jQuery("#212 h3").html("

"); });
2022-03-05 HKT 11:53
Premier Li Keqiang said on Saturday that Beijing will uphold the principle that only patriots will govern Hong Kong, while reaffirming the spirit of the one country two systems principle and Hong Kong people administering Hong Kong.
Delivering the government's work report during the opening meeting of the National People's Congress in the capital, Li said Beijing will fully support the work of the SAR government in accordance with the law.
"We will ensure that the central government exercise overall jurisdiction over the two SARs and also uphold the principle that Hong Kong and Macau should be governed by patriots," he said.
"And we will help Hong Kong and Macau develop their economies and improve the people's wellbeing, and see that the two regions better integrate themselves into the country's overall development, and maintain long-term prosperity and stability.”
He said Beijing will continue to implement the principles of One Country, Two Systems, Hong Kong people governing Hong Kong and a high degree of autonomy accurately and staunchly.
On Taiwan, the premier said people on both sides of the Taiwan Strait should come together to advance the cause of China’s rejuvenation and unification.
He said Beijing is resolutely against pro-independence separatist behaviour and any interference of foreign powers.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
