CE Brushes Aside Concerns About Xi Directive
"); jQuery("#212 h3").html("

"); });
2018-05-15 HKT 11:28
Chief Executive Carrie Lam has dismissed concerns that a directive by President Xi Jinping to support innovative research in Hong Kong is tinged with politics, saying some people are reading too much into the president's comments.
President Xi's directive, which was reported on Monday, asked state agencies to support innovation and technology in the SAR, including the transfer of national funding for the city's scientists. But the report also stated that local talent will only be invited to participate in national-level programmes if they “love the country and Hong Kong”.
IT sector legislator Charles Mok told RTHK on Tuesday that this was an unnecessary injection of politics. He also pointed out that Hong Kong has many international institutions and it is not realistic for all experts to be Chinese patriots.
Speaking before the weekly Exco meeting, Lam said the words "love the country and love Hong Kong" in the president's message were just a "matter of terminology".
"But of course, in Hong Kong, we do expect, whether you are a scientist, a researcher or a government official like myself to love the country and Hong Kong,” the Chief Executive said. "There is nothing unusual. Some commentators have read too much into this term."
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more