Pro-govt Side Plays Down Beijing Expulsions
"); jQuery("#212 h3").html("

"); });
2020-03-18 HKT 18:33
Pro-government lawmakers have played down accusations that Beijing has violated the One Country, Two Systems arrangement and hampered press freedom in Hong Kong by barring US journalists expelled from the mainland from working in the SAR.
Federation of Trade Unions lawmaker Alice Mak said foreign affairs matters are handled by Beijing and the expulsion of American journalists was a reaction "to what the US government had done to Chinese media".
"So if you are talking about press freedom, you also have to urge the US government to respect Chinese media and respect press freedom," she said.
Liberal Party lawmaker Felix Chung also sought to play down accusations of a threat to press freedom in Hong Kong, saying this is a political spat between Beijing and Washington.
Chung said the US authorities had taken action against some mainland media and this was retaliation by Beijing. "So this is a big political issue rather than an issue of press freedom," he said.
The lawmaker said the Basic Law guarantees protection to journalists working in the city. "The Hong Kong government should protect different international media to have the freedom to do their job here," he said.
Asked if this central government's move will affect the investment climate in Hong Kong, Chung said the virus outbreak has stopped almost all investment and as things are changing fast, it will have to be seen how this controversy affects things.
Meanwhile, the biggest pro-Beijing party, the DAB, said it will comment only after the party discusses the issue.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more