Govt Dismisses 'unfounded' Five Eye Comments On Polls
"); jQuery("#212 h3").html("

"); });
2021-12-21 HKT 11:47
The government has dismissed as fabricated and unfounded comments on the Legislative Council elections made by the nations in the Five Eyes intelligence sharing group, saying they are trying to smear the polls.
The US secretary of state and foreign ministers from the UK, Canada, Australia and New Zealand expressed "grave concern" over what they called "the erosion of democratic elements" in the Hong Kong SAR.
They said Beijing's changes to Hong Kong's political system had "eliminated any meaningful political opposition" in the Legislative Council.
"We strongly oppose to the five countries' attempt to smear against the 2021 Legco general election of Hong Kong by making up allegations contrary to facts and without basis," the SAR government said in a statement on Tuesday.
It said that changes to the electoral system ensure patriots are administering Hong Kong, that the lawmakers returned are broadly representative, and that the polls have ensured balanced participation.
The government said that, with the support of the central government and the safeguards of the National Security Law and the electoral system, Hong Kong's democratic development will progress in a lawful and orderly manner in accordance with the Basic Law.
"Any external or internal destructive force and political conspiracy trying to interfere with the HKSAR's democratic development in accordance with the Basic Law will not succeed," it stressed.
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
