Maria Tam Named New Basic Law Committee Vice-chair
"); jQuery("#212 h3").html("

"); });
2018-06-22 HKT 17:15
Beijing loyalist Maria Tam has replaced Elsie Leung as a vice-chairwoman of the Basic Law Committee, the body which advises the central government on the Hong Kong's mini-constitution.
The 72-year-old's promotion comes as part of a reshuffle of the 12-member panel, which comes under the National People’s Congress Standing Committee (NPCSC).
Pro-establishment lawmaker Priscilla Leung has also been made a member of the Basic Law Committee.
Another deputy head of the body, Zhang Rongshun is being replaced by Zhang Yong, a member of the NPCSC’s Legislative Affairs Commission.
OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers
OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more
Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push
Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more
Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails
Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more
Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion
Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more
Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises
Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more
Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability
Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more