'Taiwan's Rejection Means No Rush On Extraditions'
"); jQuery("#212 h3").html("

"); });
2019-05-10 HKT 15:37
Liberal Party leader Felix Chung said on Friday that there is no reason for Hong Kong to rush into changing laws on extraditions now Taiwan has indicated that it has no intention of seeking the return of a murder suspect under such legislation.
SAR officials have repeatedly stated that the law must be changed as soon as possible to allow one-off extraditions of crime suspects, so Chan Tong-kai, 20, can be sent back to Taiwan to face trial over the murder last year of his Hong Kong girlfriend.
But on Thursday, Taiwan's Mainland Affairs Council said it would not be seeking Chan's surrender unless "the threat that Taiwanese people could be extradited to the mainland" is removed from Hong Kong's legislative bill.
Chung said that while he is not sure that the council's stance reflects the final decision of the Taiwanese government, if it does then the SAR government can take its time to study the issue in greater detail, instead of trying to get the amendments passed by Legco before the summer.
"If we have sufficient time I think we should sit down, talk more ... there are several ways of handling [the murder case]," Chung said, adding that the government should look into various counter-proposals from different sectors that could ease public concerns.
Hong Kong business leaders are among those who have expressed alarm over the extradition plans, with many critics saying they are particularly worried about people being surrendered to mainland authorities on trumped-up charges.
OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers
OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more
Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push
Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more
Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails
Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more
Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion
Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more
Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises
Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more
Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability
Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more
