Mainland May Target More HK Firms Now: Jeremy Tam
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1475882_1_20190821123420.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1475882-20190821.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1475882-20190821.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-08-21 HKT 12:44
Jeremy Tam speaks to RTHK's Janice Wong
Civic Party lawmaker and pilot Jeremy Tam says he is concerned that more Hong Kong companies will become targets for China amid the ongoing protests here.
Tam resigned from Cathay Pacific on Tuesday in a bid to end what he described as a political storm surrounding the company, after the airline was asked by mainland authorities to clamp down on employees supporting the anti-extradition protests.
He said on Wednesday that hopefully Cathay Pacific’s operation will be back to normal in a few months.
“I think it’s not only Cathay, I think in Hong Kong the morale is certainly very low at the moment. It’s never been before,” he said. “But I strongly believe Hong Kong people and this company will come out strong.”
However, he warned that businesses in other sectors, including developers, may become the next target – especially those who own shopping malls that previously refused to let police in amid protests.
Tam told RTHK’s Janice Wong that pressure not only comes from mainland authorities, but also the press.
“I would say it’s probably not decided by a single element. It’s just like what happened to the aviation sector before. It started with the press putting a lot of tension on the aviation sector, then subsequently it’s from the government level. So they all link up to each other,” he said.
Two pilots and two ground staff had already been fired for their involvement in the protests, and the company's CEO Rupert Hogg and his deputy Peter Loo also resigned over events linked to the campaign.
Cathay Pacific on Tuesday also confirmed that a pilot who told passengers not to worry about a sit-in protest at the airport on July 26, and ended his announcement in Cantonese by saying “Hongkongers add oil, stay safe” was no longer on the staff. But the carrier did not say whether he was dismissed or had resigned.
EX.IO Partners With Franklin Templeton To Expand Tokenised Assets In Hong Kong
EX.IO, a licensed virtual asset trading platform in Hong Kong, has formed a strategic partnership with global investmen... Read more
HKMC Prices HK$12 Billion Digital Bond Issuance, Largest Globally
The Hong Kong Mortgage Corporation Limited (HKMC) has priced its inaugural digital bond issuance, raising approximately... Read more
MUFG, SMFG And Mizuho Plan Joint Yen Stablecoin By March 2027
Three of Japan’s largest financial groups, MUFG, SMBC, and Mizuho, plan to jointly issue a stablecoin by March 2027, ... Read more
TransUnion Launches Free Credit Reports For Lost HKID Holders In Hong Kong
TransUnion is offering a one-time free credit report to eligible individuals in Hong Kong who have lost their Hong Kong... Read more
Why HSMs Are Becoming Essential For Digital Asset Key Security
Conversations revolving around digital asset finance often return to the blockchain, but Shaun Chen’s concern sits cl... Read more
Webinar: The Deepfake Threat And What APAC Financial Institutions Are Doing About It
Generative AI is making fraud more convincing and easier to scale. Reports of Gen AI-enabled scams rose 456% between Ma... Read more