Police Make First Arrest Under National Security Law
"); jQuery("#212 h3").html("

"); });
2020-07-01 HKT 13:48
Police on Wednesday announced their first arrest under Hong Kong's new national security law.
On social media, the force said they had arrested a man in Causeway Bay for allegedly possessing a Hong Kong independence flag.
"A man was arrested for holding a HK Independence flag in Causeway Bay, Hong Kong, violating the National Security Law. This is the first arrest made since the law has come into force," the police said on Twitter.
The post included photographs of an independence flag. Standing next to it was a man wearing a T-shirt that said "Free Hong Kong".
On Facebook, the force said police had intercepted the "suspicious looking man" at about 1.30pm in Paterson Street.
It wasn't clear which offence in particular the man was suspected of committing.
Earlier on Wednesday, Basic Law Committee member Albert Chen said waving a Hong Kong independence flag would be a "grey area" under the new law, and would only be an offence if the bearer was involved in organising, planning, committing or participating in acts that threaten national security.
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
