Rail Terminal Bill Wording Irks Lawmakers
"); jQuery("#212 h3").html("

"); });
2018-04-06 HKT 18:00
Pan-democratic lawmakers have expressed concerns that the wording of the draft co-location bill for the express rail link could create problems in delineating Hong Kong's boundaries in the future.
At the Legco committee discussing the government proposal, the lawmakers questioned why the Chinese version of the bill's summary – describing the area of the West Kowloon terminus that will be used by mainland officers – doesn’t exactly match the English version.
Newly-elected pro-democracy lawmaker Au Nok-hin said the differences could lead to confusion. He’s worried that if the words are not very specific and not clearly defined, it can lead to problems in future.
But the government rejected the lawmakers' claims. Senior Assistant Law Draftsman Lawrence Peng, said the Chinese wording is consistent with the English version.
He also said there's no need to put operational details in the bill's summary.
SUNMI Technology Is Officially Listed On The Main Board Of HKEX
SUNMI Technology Group Co., Ltd, a Business IoT (BIoT) leader, was officially listed on the Main Board of the Hong Kong... Read more
Can AI-Native Infrastructure Finally Eliminate The Friction Within Cross-Border Payments?
What is stopping businesses from fully tapping a US$336 billion cross-border payments opportunity? Ask the merchants tr... Read more
HKMA Cargox Pilot Brings 21 Banks To Boost SME Trade Finance Via Data Sharing
The Hong Kong Monetary Authority (HKMA) has launched the HKMA Cargox pilot programme, partnering with 21 banks to digit... Read more
Krakens Parent Acquires Reap In US$600M Deal To Expand Stablecoin Payments In Asia
Payward, the parent company of cryptocurrency exchange Kraken, is acquiring Hong Kong-based payments infrastructure fir... Read more
XTransfer Files For Hong Kong IPO, Seeking US$186 Million
Chinese B2B cross-border payments company XTransfer has filed for an IPO in Hong Kong to raise US$186 million. The comp... Read more
HSBC Rolls Out Privé World Legend Mastercard To Hong Kong Clients
HSBC Hong Kong has launched the HSBC Privé World Legend Mastercard, becoming the first bank in the Asia Pacific region... Read more
