Pan-democrats Boycott House Committee Meeting
"); jQuery("#212 h3").html("

"); });
2020-05-29 HKT 16:19
Pro-democracy lawmakers boycotted a Legco House Committee meeting on Friday as they continued to protest over the re-election of the DAB's Starry Lee as its chairwoman.
Members of the camp left placards on their seats with the words “Starry Lee, Best Chairperson”, a day after lawmaker Chu Hoi-dick was removed from a Legco meeting for displaying the same message.
Lee ordered security guards to remove the signs after the DAB's Elizabeth Quat complained about them.
Last week, Lee was re-elected as House Committee chair after months of filibustering by pan-democratic lawmakers.
The pro-democracy camp argued that Lee was illegally re-elected after Legco president Andrew Leung appointed pro-establishment lawmaker Chan Kin-por to preside over the election and end the stalemate.
China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks
China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more
Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more
South Korea To Cap Crypto Exchange Ownership At 20%
South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more
DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding
Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more
Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more
Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more