Government Presses Ahead As Protesters Cleared
"); jQuery("#212 h3").html("

"); });
2019-06-10 HKT 08:17
Despite a massive turnout at Sunday's protest against the government's extradition bill, authorities are pushing ahead with the proposal. It's to be debated in Legco on Wednesday.
The last of the protesters have been cleared from outside the Old Wan Chai Police Station, where they had been surrounded by police, following violent clashes in the early hours of the morning.
Police arrested seven men aged between 21 and 33. One was arrested for assaulting a police officer, two were arrested for criminal damage, one for theft and three for attempted theft and common assault.
The clashes followed a largely peaceful demonstration, with organisers estimating more than a million people had joined the march from Victoria Park in Causeway Bay to the Legco headquarters in Tamar.
Police put the figure at 240,000 at the march's peak.
During the night, some protesters blocked the eastbound lanes of Gloucester Road in Wan Chai. They had earlier gathered outside Legco, where there were scuffles with police.
Protesters then played a cat and mouse game with riot police, dragging metal railings into nearby Lung Wo Road and dumping large rubbish bins from the bridge above. They then retreated as police approached with the unrest spilling into Wan Chai around the Hong Kong Arts centre on Harbour Road.
Police Commissioner Stephen Lo on Monday condemned the violence, which he said left at least three officers injured. Two suffered head wounds, while another hurt his leg, Lo said. He also noted that one journalist was injured.
The huge turnout underlines the public's concerns about the government's proposed changes to extradition laws, which could see suspects transferred to the mainland.
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