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.
A16z Crypto Opens First Office In Seoul To Expand In Asia
a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more
Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing
Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more
Modernising Bank Payments: How Banks Can Win In Merchant Acquiring
Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more
KPay Enables Tap To Pay On IPhone For Hong Kong Merchants
KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more
HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing
Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more
Endowus Launches Income Enhanced Portfolio For Professional Investors
Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more
