Protesters' Fund Set To End Operations

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-08-18 HKT 12:07

Share this story

facebook

  • The 612 Humanitarian Relief Fund announces its decision to fold on social media.

    The 612 Humanitarian Relief Fund announces its decision to fold on social media.

A fund offering support for protesters who are arrested or injured announced on Wednesday that it will cease operations.

The 612 Humanitarian Relief Fund was formed days after the anti-extradition protests broke out in June 2019.

A statement by the fund says the Alliance for True Democracy has been handling the money on its behalf, but since the alliance will soon be defunct, the fund has also made plans to shut down "in an orderly manner".

The fund stressed its accounts are working as normal at the moment, and its assets have not been frozen.

Several newspapers, including Ta Kung Pao and Wen Wei Po, have published editorials in recent months demanding that the police investigate whether there was anything illegal with the fund.

RECENT NEWS

Vietnam And South Korea Launch Cross-Border QR Payments

Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more

WeChat Pay Integrates With Local QR Networks In 5 Asian Countries

WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more

Global Transition Finance Ecosystem Gains Momentum

The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more

Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea

Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more

Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI

Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more

Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation

Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more