Police Raid Already Closed June 4 Museum
"); jQuery("#212 h3").html("

"); });
2021-09-09 HKT 12:59
National security police raided the now-closed June 4 museum in Mong Kok on Thursday, as four core members of the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, which ran the venue, remained in detention.
Officers arrived at the museum on Thursday morning to search for evidence, and cordoned off the entrance to the building.
They were later seen loading a truck with bits of cardboard, including one bearing the museum's logo and another carrying a picture of a lit candle.
The alliance, which used to hold annual June 4 candlelight vigils, closed the venue in June after officials accused it of operating the site without the required licences.
The group pleaded guilty in court and was fined HK$8,000.
Vice-chairwoman Chow Hang-tung and three other members of the alliance were arrested on Wednesday on suspicion of failing to provide information as instructed by national security police.
The force alleged that their refusal contravenes article 43 of the national security law which states that suspects can be required to answer questions and hand over "material relevant to an investigation".
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