HK Is In Best Position Since Handover: CE
"); jQuery("#212 h3").html("

"); });
2021-10-01 HKT 10:34
Chief Executive Carrie Lam said on Friday that thanks to the "double safeguards" of the National Security Law and the revamped electoral system, Hong Kong was now "truly" on the right path of the "one country, two systems" principle.
Speaking at a reception to celebrate National Day, Lam said the SAR was now in the best position since the handover to leverage its advantages under the arrangement and to integrate into the country's development.
"At this time when we are celebrating the National Day, we should appreciate more deeply the central authorities' determination to uphold the 'one country, two systems' principle and their unfailing care for Hong Kong people," she said.
"In return, we should reassure the country by taking a firm stance in safeguarding national security and implementing the principle of "patriots administering Hong Kong."
The chief executive said that with Hong Kong now "back to the right track," and as long as people all remain steadfast in safeguarding the country's sovereignty and development interests businesses and people will only have more opportunities on the mainland.
Meanwhile, four members of the League of Social Democrats marched to Wan Chai's Convention and Exhibition Centre, where the flag-raising ceremony and reception took place, to demand that the authorities release what they described as "political prisoners".
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



