HKU Alumni, Staff Demand CE Quit As Chancellor
"); jQuery("#212 h3").html("

"); });
2019-10-19 HKT 17:33
Graduates and academics of the University of Hong Kong voted overwhelmingly on Saturday to support a motion calling on the Chief Executive, Carrie Lam, to stand down as the institution's chancellor.
Almost 3,000 members of HKU's convocation, a statutory body made up of all alumni and staff, voted in favour of the non-binding motion, which condemned the CE for "causing unforgivable havoc" with her attempt to change the city's extradition laws.
Fewer than 300 people voted against the motion at a special meeting of the convocation.
A group of pro-government alumni earlier took out a newspaper advertisement, criticising the motion and alleging that it violated the law.
The proponent of the motion, Mak Tung-wing who helps lead a HKU alumni concern group, said he was just trying to encourage people to discuss the matter in a rational manner.
Mak questioned why pro-government alumni didn’t appear at the special meeting to express their views.
The meeting also overwhelmingly supported a motion calling on the university to help students injured in recent protests and to protect their rights.
A former president of HKU's student union, Gloria Chang, who proposed this motion, said the heads of Chinese University and Shue Yan University have written open letters to show support for their students. She urged HKU president Zhang Xiang to do the same.
In response to the votes, the university issued a statement saying it will study the resolutions carefully and discuss follow-up action with the convocation.
"Members of the senior management team, including the president, have met with students and attended to their grievances and concerns. We continue to have measures in place to help those in need and to make sure they have access to legal assistance, counselling and other support services," the statement added.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more