No Need To Delay LegCo Elections, Chu Hoi-dick Says
"); jQuery("#212 h3").html("

"); });
2020-04-05 HKT 15:16
Pro-democracy lawmaker Chu Hoi-dick said on Sunday that he's against the idea of postponing the September Legco elections, saying a delay should only be allowed if the city is in total lockdown because of the coronavirus.
Pro-Beijing lawmaker Junius Ho has written to the Chief Executive, Carrie Lam, asking for the government to postpone the polls to prevent people from getting infected when they vote.
But Chu says such a move isn't necessary just yet.
He says he's also worried that Beijing would use the delay to improve the chances of its candidates.
"The only one exceptional scenario that I can think of for postponing the election is that ... at that day we have a very serious Covid-19 pandemic situation and the government [has] ordered a lockdown of the city," Chu said.
In such a situation, the government would be forced to postpone the elections, he said.
Chinese Regulator Approves Citis Plan For Its Own Securities Firm
Citi has received approval from the China Securities Regulatory Commission (CSRC) to set up a wholly owned capital mark... Read more
HSBC RedCoin Debuts On PayMe With Wider Stablecoin Rollout Planned
HSBC has launched HSBC RedCoin, its first stablecoin, on the PayMe mobile payment app in Hong Kong. Denominated in Hong... Read more
Unlimit Joins Hong Kong Governments Strategic Enterprise Partners
Unlimit has signed a partnership agreement with the Hong Kong Government, which named the global financial infrastructu... Read more
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
No institution moves into digital assets until it knows who will hold them and what happens to those assets if that cus... Read more
EleBank Opens First Physical Store In Hong Kong
Hong Kong digital bank EleBank has opened its first physical store in Causeway Bay as it expands beyond online banking ... Read more
Taiwan Blocks Grabs US$600 Million Foodpanda Acquisition
Taiwan’s Fair Trade Commission (FTC) has blocked Grab’s proposed US$600 million acquisition of Delivery Hero’s fo... Read more
