CE Affirms Achievements Of Sixth Plenary Session
"); jQuery("#212 h3").html("

"); });
2021-11-14 HKT 02:52
The Chief Executive, Carrie Lam, on Saturday hailed the landmark resolution of the sixth plenary session of the Communist Party's central committee, and stressed the importance of the central government's support for the SAR in recent years.
In a statement, Lam said the communique of the sixth plenary session had affirmed unequivocally that, with regard to upholding the policy of "One Country, Two Systems" and promoting national reunification, the Central Committee had implemented the principle that Hong Kong and Macao should be governed by patriots.
"These moves have helped to restore order in Hong Kong and ensure a turn for the better in the region," Lam said.
"All this has laid a solid foundation for advancing law-based governance in Hong Kong and Macao and for securing steady and continued success of the "One Country, Two Systems" policy. This staunch support from the Central Authorities is the fundamental safeguard of the lasting prosperity and sustainability of Hong Kong."
Lam said that in the past two years, Hong Kong had encountered "unprecedented political challenges", putting national security at huge risk.
"Nevertheless, the central government has continued to act in accordance with the constitution and the Basic Law. The promulgation and implemention of the National Security Law, as well as the improved electoral system of the HKSAR, have provided a timely curb on the chaos in Hong Kong," Lam said.
She called on every patriot aspiring to run for Legislative Council elections in December to "fully discharge their responsibilities of reflecting public views and monitoring the operation of the Government in the Legislative Council".
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
