'Democratic Party Still An Important Force'
"); jQuery("#212 h3").html("

"); });
2021-10-12 HKT 09:03
Democratic Party chairman, Lo Kin-hei, on Tuesday said the party is still an important force in Hong Kong, despite it not fielding any candidates to contest the Legislative Council polls.
The party said its internal Monday evening deadline for members to submit applications to run for December’s Legco elections had passed without any member indicating their intention to stand in the polls.
Lo told RTHK that many members had recently become ineligible due to being disqualified, arrested or detained.
Others felt legislators wielded less influence nowadays, he added.
Despite Chief Executive Carrie Lam previously questioning the value of political parties that did not contest elections, Lo said a reasonable government should always try to listen to the public.
“Even though we are not fielding anybody to run in the Legislative Council, the Democratic Party is still a very important force in Hong Kong, because as long as we can represent the people – as long as the people believe that – we can represent them," Lo said.
“I think that is important and I think that a reasonable government and a responsible government should always try to listen to the public and I believe that we will still be that voice for, and a vessel, for the Hong Kong people.”
The chief executive said on Tuesday she welcomes people with different political views to run in the upcoming elections, as long as they are patriots.
Asked about the Democratic Party's announcement, Lam called on people who want to improve Hong Kong to enter politics.
The chief executive said earlier that the value of political parties should be called into question if they have no plans to take part in elections.
______________________________
Last updated: 2021-10-12 HKT 12:12
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
