Pan-dems Hit Crowdfunding Target In A Few Hours

"); jQuery("#212 h3").html("

"); });
2020-05-05 HKT 18:17
A crowdfunding drive by Legco's pan-democrats exceeded its target within hours on Tuesday, enabling the camp to seek their own legal advice on what action, if any, their rivals can take to circumvent filibustering of House Committee meetings.
Civic Party lawmaker Tanya Chan had announced the launch of the crowdfunding bid in the morning, with the aim to raise HK$240,000.
She said pro-democracy lawmakers would add HK$100,000 of their own money, to hire outside lawyers to look into the matter ahead of the next House Committee meetings this Friday.
The crowdfunding target was reached in about four hours.
A look at the contributions showed they mostly ranged from HK$100 to HK$1,000, with one person donating HK$777 - the number of votes Carrie Lam won from the Chief Executive election committee in 2017.
Chan posted on Facebook: "Thank you everyone for your support".
The crowdfunding page said any surplus funds will be shared between the 612 Humanitarian Relief Fund, which helps pay medical and legal expenses of arrested protesters, and the Justice Defence Fund.
Legco president Andrew Leung had announced on Monday that external legal advisers are of the view that former House Committee chairwoman Starry Lee from the DAB party has the authority to direct proceedings, being as pan-dem filibustering has prevented the election of a new chair for several months.
The pro-democracy camp says this contradicts Legco's own legal advisers who believe the election of a chairperson must come first and Lee can't move on to other business.
Hong Kong Stablecoins Bill Officially Passed, Set To Come Into Effect Later This Year
The Hong Kong government welcomed the Legislative Council’s passing of the Stablecoins Bill today, 21 May 2025. The b... Read more
From Fishermans Son To Fintech Founder: How CapBay Grew RM 6,000 To RM 4 Billion
What started as a RM6,000 loan funded out of their own pockets has grown into over RM4 billion disbursed to more than 2... Read more
Ping An Launches EagleX Global Version For Real-Time Climate Risk Insights
Ping An Insurance (Group) Company of China, Ltd, announced that its subsidiary, Ping An Property & Casualty Insuran... Read more
FWD Resubmits Hong Kong IPO Application Amid Market Recovery
FWD Group, an insurance company backed by billionaire Richard Li Tzar-kai, submitted a new application for an initial p... Read more
Hong Kong Police Crush HK$118M Crypto Laundering Ring, 500 Mule Accounts
In a fresh crackdown on crypto-related crime in Hong Kong, the Hong Kong police arrested 12 individuals for running a c... Read more
Adyen And JCB Launch Card-on-File Tokenisation To Boost Payment Security
Adyen and JCB Co., Ltd. have launched JCB’s card-on-file (COF) tokenisation service, designed to improve the securit... Read more