'HK Enjoys More Rights Now Than Under British Rule'
"); jQuery("#212 h3").html("

"); });
2021-07-02 HKT 12:27
The Chinese Embassy in London said on Friday that UK Foreign Secretary Dominic Raab has "confused right and wrong" in saying the national security law had been used to crush freedoms in Hong Kong, adding that people in the SAR are enjoying more rights than during its colonial days.
An embassy spokesman said Raab had turned a blind eye to the role that the law had played, saying "social stability has been restored, justice and rule of law have been upheld, and the rights and freedoms of the residents have been truly safeguarded" in Hong Kong since the security law came into effect a year ago.
The spokesman said China strongly opposes the British official's move to "deliberately discredit" the security law in the SAR.
He added that Hong Kong residents are enjoying rights and freedoms they never had during the British rule.
"Blaming China groundlessly instead of reflecting on UK’s colonial history only reveals the typical practice of hypocrisy and double-standards!" a statement said.
The spokesman called on the UK to stop interfering in Hong Kong affairs, saying its colonial rule over Hong Kong was long gone.
Raab had tweeted that the UK “will not duck [its] historic responsibilities” to the Hong Kong people.
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
