Omicron Could Set Back Border Reopening: Michael Tien
"); jQuery("#212 h3").html("

"); });
2021-11-28 HKT 18:12
Roundtable lawmaker Michael Tien says he expects quarantine-free travel between Hong Kong and the mainland to resume soon, if the new Omicron variant doesn't torpedo the plan.
The government's expected to announce a new health code system for Hong Kong residents this week. Tien said he doesn't expect the system to involve a new mobile app.
"The health code app that they're going to reveal consists of two parts. One is the LeaveHomeSafe. They will make it mandatory for all restaurants starting next week, but that's in our phone," he said.
"So when you enter the mainland you produce your phone to let them download your record, and then they will give you an entry health code app."
Tien said this app is only usable on the mainland, pointing out that everyone already has to get that anyway.
"So really there's nothing new. They're just taking whatever people are using today and they give it a new name."
Tien said he was giving 50-50 odds for quarantine-free travel to the mainland to resume by December 31 and was pretty sure border crossings would reopen at least by Chinese New Year. "But with the ... latest Omicron variant being identified I don't know what effect that will have on this whole timetable," he said.
Tien is running for the New Territories North West seat in next month's Legislative Council elections. The DAB's Holden Chow and Third Side candidate Wong Chun Long are also standing in the constituency.
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
