Motion Of Thanks For Policy Address Passed Online
"); jQuery("#212 h3").html("

"); });
2022-02-18 HKT 17:59
The Legislative Council passed a motion of thanks for Chief Executive Carrie Lam’s policy address on Friday after three days of debate via video conferencing.
Hong Kong’s fight against Covid was a central topic of the debate, though lawmakers also offered their views and suggestions on other issues, such as the CE’s Northern Metropolis plan and a planned government restructuring.
It was the first time the full council had held its weekly meeting through video conferencing, with the arrangement made due to the city's Covid situation.
The top official at the debate, Chief Secretary John Lee, was observing home quarantine after his foreign domestic helper got infected.
Speaking before the passage of the motion, Lee said he was glad that the new Legco had actively participated in the debate.
“In the entire debate, members expressed views on the overall interest of Hong Kong. There was rational debate. They did not undermine the interest of the country or Hong Kong with distorted facts or mudslinging. They did not undermine one country, two systems,” he said.
“Their views were constructive with the overall interest of Hong Kong in mind. This goes to show that after the improvement to the electoral system and the implementation of the principle of patriots administering Hong Kong, there is a healthy interaction between the executive and the legislature. There is also the promotion of good governance.”
Lee added that controlling the epidemic is the government's top priority now and officials will take all measures necessary to ensure people's health, as well as the stability of Hong Kong.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more