Pompeo Calls For Release Of 10 Jailed HK Activists
"); jQuery("#212 h3").html("

"); });
2021-01-01 HKT 00:36
US Secretary of State Mike Pompeo on Thursday called for the immediate release of 10 Hong Kong activists who were sentenced to between seven months and three years in jail by a Chinese court.
"The United States strongly condemns the Shenzhen court's actions and calls for the ten members of the group who were sentenced to jail terms to be immediately and unconditionally released," Pompeo said in a statement.
The group had all faced charges in Hong Kong over anti-government protests there, and they have been held virtually incommunicado in a mainland prison since their boat was intercepted by a mainland coastguard vessel on August 23 after leaving Hong Kong, allegedly en route to Taiwan.
Tang Kai-yin, who was said to be the leader of the group, was given a three-year jail term and fined 20,000 yuan.
Quinn Moon – the only female among the detainees – was sentenced to two years in prison and fined 15,000 yuan, for what the court said was her co-leading role in the case.
Eight other detainees, meanwhile, received seven-month jail terms and were fined 10,000 yuan.
The case has drawn international attention and concern over the defendants' treatment.
"Hong Kong was a thriving territory until the Chinese Communist Party and its local lackeys destroyed its rule of law and eviscerated the Hong Kong people's freedoms," Pompeo said.
"A regime that prevents its own people from leaving can lay no claim to greatness or global leadership. It is simply a fragile dictatorship, afraid of its own people," he added.
Separately, Hong Kong's top court remanded media and publishing tycoon Jimmy Lai, the most high-profile person to be charged under the national security law, in custody until another bail hearing on February 1. (Reuters)
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
