'No Democratic Party Members Apply To Run For Legco'
"); jQuery("#212 h3").html("

"); });
2021-10-11 HKT 19:26
The Democratic Party said its internal Monday evening deadline for members to submit applications to run for December’s Legislative Council elections had passed without any member indicating their intention to stand in the polls.
Last month, the party stopped short of deciding whether to field candidates, saying it was not necessary to take a vote on the issue at a members’ meeting as no one from the party had expressed a desire to run in the elections.
But it said any member who was interested in joining the Legco race must notify its central committee. To pass the internal vetting mechanism, potential candidates would need to secure 40 nominations from the party, as well as the backing of their fellow party members at a subsequent members’ meeting.
Democratic Party chairman Lo Kin-hei has brushed aside suggestions the party is trying to prevent its members from joining the polls by setting a high threshold, saying the arrangement is aimed at unifying the party.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
