Campaign For G20 Ads Raises Millions In Just Hours

"); jQuery("#212 h3").html("

"); });
2019-06-25 HKT 16:11
A crowd funding campaign to bring the ongoing extradition bill protests to global attention through advertisements on international media during the G20 summit, has evoked a huge public response with the donations reaching almost double the target in a few hours.
The campaign, which the site said was initiated by "Freedom Hongkonger", had started on Tuesday morning but stopped accepting donations after the contributions reached nearly HK$5.5 million, one full day ahead of their original time frame.
The site had messages that said the funding was over 180 percent and more than 22,000 people had made contributions.
The initiators said in the forum that the biggest amount given by a single contributor was HK$20,000. They said this should put a stop to speculation that this crowd funding was “affected by foreign influence”.
The campaign originated from the online forum, LIHKG, which is often described as Hong Kong's version of Reddit and 4chan where discussion forums allow anonymous chat.
Organisers said they want to put front-page ads on papers such as the New York Times, the Financial Times and The Guardian on Thursday, a day before the summit opens.
They said it’s important for the international community to speak out on the plight of Hong Kong people as the government had refused to address their demands.
If the ad space on certain newspapers have already been taken up, or should there by any used funds, organisers say the leftover money will be donated to the Anti-Extradition Protest Trust – a fund intended to support those who had been arrested or injured during anti-extradition protests this month.
______________________________
Last updated: 2019-06-25 HKT 17:47
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more