Emergency Powers The Wrong Path, Says Ip Kin-yuen
"); jQuery("#212 h3").html("

"); });
2019-10-06 HKT 09:26
Education sector lawmaker Ip Kin-yuen says Hong Kong is heading for a deeper crisis after the government decided to invoke the emergency powers.
Speaking on RTHK's Letter to Hong Kong, he said the Chief Executive, Carrie Lam, should have set up an independent inquiry to look into the ongoing demonstrations and allegations of police brutality, to address people's concerns and to try to bring the city back to normal.
But the pro-democracy legislator says the CE has instead taken a wrong step and used emergency legislation to deal with the situation.
"If we would like to do one thing to defuse the situation, it's to honestly face and to strike at the root of the problem, by establishing an independent investigation committee, so as to allow people's fury to subside," he said
"Unfortunately, the government chose emergency legislation instead, which I believe will only lead to deeper crisis."
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more
