State Council Confirms SAR Government Reshuffle
"); jQuery("#212 h3").html("
"); });
2021-06-25 HKT 11:15
Share this story
Beijing has approved a major reshuffle of the SAR administration, with Secretary for Security John Lee replacing Matthew Cheung as chief secretary, and Police Commissioner Chris Tang replacing Lee.
According to a Xinhua News Agency report on Friday, the decision was made by the State Council on June 23, upon the recommendation of Chief Executive Carrie Lam.
Lee had been with the police force for over 30 years and is the first police officer to become a top minister.
With Tang taking over as secretary for security, one of his deputies, Raymond Siu, will assume the post of police commissioner, Xinhua said.
The CE met the media on Friday morning to make a formal announcement of the changes.
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