Law To Allow Mainland Security Agents Into HK
"); jQuery("#212 h3").html("

"); });
2020-05-22 HKT 10:27
Beijing intends to draw up a law to "prevent, stop and punish" any acts of secession, subversion or terrorism activities in Hong Kong that threaten national security, with mainland agencies free to set up bases in the SAR if they wish.
A resolution to be voted on by NPC delegates would also authorise the NPC Standing Committee to legislate against intervention by foreign forces in Hong Kong affairs, with the legislation to be added into Annex 3 of the Basic Law.
In order to ensure national security isn't compromised, the resolution says any relevant Beijing departments would be able to set up organisations in Hong Kong "according to needs".
NPC vice-chairman Wang Chen said the SAR government has failed to bring in national security legislation under Article 23 of the Basic Law, and the issue has been "demonised".
He said there is a risk that the matter will be stalled for a long time, but the risks to national security have been brought clearly into focus since social unrest broke out in Hong Kong last year.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more
