Thousands Of HK People Apply For New Canada Visas
"); jQuery("#212 h3").html("

"); });
2021-05-21 HKT 03:12
Canadian Prime Minister Justin Trudeau's new immigration pathway for Hong Kong residents has received nearly 6,000 applications in the three months since its launch, a spokesman for the country's immigration ministry said on Thursday.
In November, the Canadian government said it would make it easier for Hong Kong youth to study and work in Canada in response to the national security law imposed by Beijing on the SAR.
Under the new visa rules, any Hong Kong resident who has graduated from a Canadian university in the past five years can apply to work for up to three years. Those with equivalent foreign credentials are also eligible.
This initiative, the first of three to target young Hong Kong residents, was launched on Feb. 8 and had received 5,727 applications as of May 18, Immigration, Refugees and Citizenship Canada press secretary Alexander Cohen said in an email.
The programme received 503 applications in the first three weeks of the launch.
"The ties that bind Canada and Hong Kong run deep. With young Hongkongers casting their eyes abroad, we want them to choose Canada," Cohen added.
Canada is a second home for many Hong Kong residents after their families moved to the Vancouver and Toronto areas ahead of the British handover of its former colony to China in 1997.
After obtaining Canadian citizenship, many returned to Hong Kong, which is now home to about 300,000 Canadians - one of the largest Canadian communities abroad.
As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are hoping to forge a new future. (Reuters)
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
