Civic Party To Disband After 17 Years

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

"); });
2023-05-27 HKT 18:12
Civic Party chairman Alan Leong on Saturday said they had passed a resolution to disband the party, and that they have appointed a liquidator.
Speaking to reporters after a special members' meeting, Leong said all but one of 31 members in attendance gave their consent to liquidation. There was one abstention.
He said they saw the liquidation coming, as there had not been any valid nomination for a new chairman or executive committee members.
"It's a writing on the wall," said Leong. "Because there is no one taking over."
He said the liquidator is taking control of the party from Sunday, and the provisional executive committee will be stripped of all powers.
Leong said the members also passed a resolution to donate any remaining assets to charity. He said the party does not own any properties but has five-figure funds.
Founded in 2006, the Civic Party mostly consisted of barristers and other professionals. It had six seats in the legislature at its peak.
During the anti-extradition protests, the party's legislators – including Dennis Kwok and Alvin Yeung – were criticised by the liaison office.
Several members were later charged with subversion for taking part in an unofficial primary vote for the 2020 Legco elections. Multiple members later quit the party.
2025 Hong Kong Fintech Report: What You Need To Know
Hong Kong is hitting the gas when it comes to fintech innovation, regulation and adoption. From the passage of the Stab... Read more
DigiFT Secures SFC Licenses To Offer Tokenised Asset Services In Hong Kong
DigiFT, a Singapore-based digital asset platform focused on institutional-grade tokenised real-world assets (RWAs), has... Read more
JCB Contactless Cards Now Accepted On Shanghai And Beijing Subways
Japan’s JCB has announced that JCB cardholders can now use their contactless cards to access the subway systems in Sh... Read more
Hong Kong Sets Out Next Phase Of Digital Asset Policy
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has issued an updated policy statement setting out the ... Read more
Hong Kong Overtakes Singapore In Wealthtech Adoption
Across Asia-Pacific (APAC)’s key wealth management hubs, Hong Kong is emerging as the frontrunner in wealthtech, over... Read more
Chinas AI Capex To Hit 700 Billion Yuan In 2025 Amid US Tech Rivalry
Capital expenditure on AI in China is expected to reach between 600 billion yuan and 700 billion yuan (US$84 billion to... Read more