US Consul General's Comments 'unfair And Untrue'
"); jQuery("#212 h3").html("

"); });
2022-07-12 HKT 09:45
The government on Tuesday hit back at criticism from the outgoing US Consul General to Hong Kong, saying Hanscom Smith's remarks were unfair and untrue.
Smith had in a farewell speech at the American Chamber of Commerce on Monday said the authorities' 'crude' use of the national security law threatens Hong Kong's role as an international business hub while recent electoral reforms undermine its future.
In response, a government spokesman said democracy in the SAR has taken "a quantum leap forward" since 1997, and the electoral system has been improved to make the Legislative Council and Election Committee more representative. It was only natural, it added, to keep political power in the hands of patriots.
The spokesman also rejected the criticism that Hong Kong people's freedoms had been eroded by the security law, saying that the legislation clearly states that human rights would be respected and protected in safeguarding national security in Hong Kong.
The spokesman said Hong Kong people's rights and freedoms under the Basic Law and the provisions of the International Covenant on Civil and Political Rights (ICCPR) and the International Covenant on Economic, Social and Cultural Rights - including freedom of assembly, procession and demonstration - are protected under the law.
He said any law enforcement actions by Hong Kong law enforcement agencies were based on evidence, and carried out strictly according to the law.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more
