Power For Democracy Disbands In 'new Political Era'
"); jQuery("#212 h3").html("

"); });
2021-02-27 HKT 20:08
The political group that coordinated the pan-democratic camp’s Legco primaries on Saturday announced its decision to disband with immediate effect.
Power for Democracy’s convenor, Andrew Chiu, issued a statement saying the decision was made in light of “the latest development in the situation of Hong Kong under the new political era”, adding the group has completed its historic mission.
The group was set up in 2002, and has coordinated the pan-democratic camp’s district council elections in 2019 – in which the camp won a sweeping victory.
Chiu said the group has now stopped running, but members will continue to serve the people.
"In future, we will continue to serve the Hong Kong community in different ways under the framework of the Basic Law, the Hong Kong national security law and One Country Two Systems, and will abide by the law and maintain Hong Kong’s prosperity and stability,” he said in a statement.
Chiu and the group’s deputy convenor, Ben Chung, are among 55 activists rounded up by national security police officers last month for allegedly subverting state power by trying to win more than 35 seats in the Legislative Council elections that was eventually postponed for a year due to the pandemic.
Some of those arrested were told to report to the police on Sunday, ahead of the original scheduled date in April.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
