John Lee, Carrie Lam Confident In HK's Future
"); jQuery("#212 h3").html("

"); });
2022-06-16 HKT 12:07
Chief Executive-designate John Lee says his term of government will place considerable emphasis on promoting Hong Kong's legal system.
Speaking at a forum on One Country, Two Systems on Thursday, Lee said the city's commitment to the rule of law and judicial independence is "the key to confidence in Hong Kong" and its long term prosperity and stability as an international financial hub.
However, he said this fact had been lost.
“Unfortunately, this compelling, reassuring reality is often lost in the self-interest political bad-mouthing in international politics and punditry,” he said.
“That is why the sixth term Hong Kong SAR government will place considerably more emphasis on promoting our legal system and the judicial independence it guarantees, not just to the people of Hong Kong, but also to the world as a whole.”
Speaking at the same event, outgoing CE Carrie Lam said if it wasn’t for Beijing’s intervention – namely the enactment of the national security law and the electoral system overhaul – One Country, Two Systems could have derailed and the government could have been paralysed.
“I would like to say that Hong Kong is entering a new era of stability, prosperity and opportunity,” Lam said.
“As I am about to pass the baton to my successor, let us take comfort that the future Hong Kong is politically more stable, due to the true significant central government initiatives.”
Meanwhile, the deputy director of the Hong Kong and Macau Affairs Office, Huang Liuquan, said the central government believes the next SAR administration will build a Hong Kong that’s very open, united and peaceful, and where people are happy.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more