No PLA Deployment Needed Now: Tam Yiu-chung
"); jQuery("#212 h3").html("

"); });
2019-08-21 HKT 15:37
National People’s Congress Standing Committee member, Tam Yiu-chung, says he doesn’t think the situation in Hong Kong now is serious enough to require intervention by the People’s Liberation Army.
Speaking in Beijing, Tam said on Wednesday that he believes the SAR government and the police are able to handle the ongoing anti-extradition protests, and he doesn’t wish to see the PLA's Hong Kong garrison being deployed.
He said after he arrived at Beijing on Tuesday, some friends who cared very much about what is happening in Hong Kong told him the events in the SAR demonstrated the superiority of the mainland system.
It not only made them love the country even more, but care more about the national flag and the national emblem, said the NPC delegate.
Tam said he noted that no clashes happened after the mass rally on Sunday that had an estimated turnout of 1.7 million people. But he added that he can't be sure that violent protests have ended because there are still calls online for different kinds of protest action.
He called on young people “who had taken part in violent acts” to now stop, and think about how their “so-called noble cause” was affecting themselves and society.
As for rumours that Beijing plans to “settle” what’s happening in Hong Kong before National Day on 1 October, Tam said he never heard of such a deadline.
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
