'Civic Duty For Political Parties To Join Elections'
"); jQuery("#212 h3").html("

"); });
2021-09-26 HKT 11:13
Executive Councillor Ronny Tong said on Sunday that a political party should disband if it doesn’t accept Hong Kong’s new electoral system.
He was speaking on a radio programme ahead of the Democratic Party's special meeting, where members will vote on whether the party will field candidates in the Legislative Council polls in December.
Tong said it was the “civic duty” of political parties to reflect their supporters’ views in the legislature.
“I think a political party exists for the purpose of gaining seats in any assembly or legislature to voice their supporters’ views. This of course is founded on the basis that you accept the constitutional system,” he said.
“If you don’t accept the constitutional system or the election system and you say that so long as this particular system was to exist then I won’t join the election... I don’t really see the purpose of their existence or why they should call themselves a political party.”
He noted that some members of the think tank he founded, Path of Democracy, were keen to join the upcoming Legco election.
He said the group would decide whether to go ahead after assessing their chances of winning.
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