HK More Divided Than In 1967 Riots: Frederick Ma
"); jQuery("#212 h3").html("

"); });
2019-06-23 HKT 10:44
Former Commerce Minister Frederick Ma said on Sunday that he thinks that Hong Kong society right now is more polarised than during the 1967 riots, because of the saga over the proposed changes to extradition laws.
He says it pains him to see the turmoil unfold every day, referring to protests over recent weeks despite the government's decision earlier this month to "suspend" the extradition legislation.
More than 50 years ago, the 1967 riots were the most violent mass disturbances in the city's history, and left 51 people dead and more than 800 injured.
Ma, who's also chairman of the Mass Transit Railway Corporation, said the government must squarely face up to why young people are so disgruntled.
Ma also called for accountability on the part of officials, but added that any decision on resignations would be up to the government's senior management to decide.
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
