'Democratic Party Should Run For Legco Or Dissolve'
"); jQuery("#212 h3").html("

"); });
2021-09-23 HKT 10:01
Former Democratic Party legislator Fred Li said on Thursday that the party should dissolve if it doesn’t run in any elections.
He said the party should try to file candidates even if they may not get enough nominations or eventually be disqualified.
“A party should run in elections and get seats. If the party keeps taking part in elections but cannot get any seats in Legco, how representative and how legitimate is it for the people? And how can it influence and monitor the government? If it fails in every aspect, it should fold,” said Li.
“I agree that the political situation is getting worse for the pro-democracy camp to join elections. If there’s no room, we shouldn’t exist. As a political party, if we sign up for the election but fail… I’m not talking about people not voting for us, I’m saying if we can’t enter the race, then perhaps the Democratic Party has completed its historic mission,” he told an RTHK programme.
He was speaking ahead of a secret ballot on Sunday in which party members will vote on whether to boycott the Legco polls in December.
But the former lawmaker conceded that he believed his view is not shared by the majority of the party members.
Li had been a lawmaker since before the handover, and announced in 2012 that he would stop running in Legco elections.
He said he hasn’t changed his mind.
“I will definitely not run. I have handed over to others, there’s no point for me to return. I am old,” he said.
The vice-chairman of the All-China Federation of Returned Overseas Chinese, Lo Man-tuen, had said in an interview with Ming Pao that Democratic Party’s leadership risks breaching the Basic Law if they decide to boycott Legco.
Lo also said the loyalty of all party members to the Basic Law and the SAR would then be called into question.
In response, Li said he would read Lo’s views but merely as a reference, as he doesn’t think Lo represents the stance of central authorities.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more