'HK$6.5m Insurance Demanded For Mong Kok Protest'
"); jQuery("#212 h3").html("

"); });
2019-07-30 HKT 18:54
Organisers of an anti-government march in Mong Kok this Saturday say police may not give them the green light, if they fail to take out insurance to the tune of HK$6.5 million.
Organisers and the police held a second meeting on Tuesday, during which officers refused to issue a Letter of No Objection, citing traffic and safety concerns.
Organisers said they were told the insurance requirement came from the the Leisure and Cultural Services Department.
But they do not plan to comply.
Ng Wing-tak, one of the organisers, said the police would respond to them again in 48 hours.
The upcoming march is scheduled for 2:30pm to 7pm. It is to start at Anchor Street Playground and end at MacPherson Stadium, through a number of busy streets such as Nathan Road and Dundas Street.
Organisers have already complied with a police demand to lower the projected turnout from 10,000 to 5,000.
Ng said the refusal to grant permission would amount to suppressing freedom of speech, and that people would find other ways to express their demands.
HSBC And Standard Chartered Venture Reportedly Among First For Hong Kong Stablecoin Licenses
People familiar with the matter say HSBC and a joint venture led by Standard Chartered will likely be among the first f... Read more
Hong Kong Taxi E-Payment Adoption Surges, Hits 90% Ahead Of April 2026 Mandate
The taxi industry is moving decisively toward digital payments as the mandatory Hong Kong taxi e-payment requirement, s... Read more
SUNRATE Renames China Payment Unit Following Regulatory Approval
SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulato... Read more
Bithumb Could Face Six-Month Business Suspension Over AML Breaches
Financial authorities plan to impose significant sanctions on virtual asset exchange Bithumb for breaching anti-money l... Read more
HSBC Hong Kong Enables Digital Consolidation Of Multiple Passbooks
HSBC Hong Kong has introduced a new Passbook Consolidation feature on the HSBC HK App, allowing customers to view and m... Read more
PAObank Launches Flexible Wealth Service For Retail Customers
PAObank has launched a new wealth service, offering a dual-advantage solution that allows customers to switch between i... Read more
