Yuen Long District Councillor Resigns After Arrest
"); jQuery("#212 h3").html("

"); });
2021-07-14 HKT 17:03
Yuen Long district councillor Ben Ho announced his resignation on Wednesday, hours after he was arrested, with authorities saying they would charge him with attempted criminal intimidation over a post on his Facebook page.
Officers said they received an anonymous complaint about the post in March last year, with the complainant expressing concern and fear.
The post in question described a sweep Ho said he was planning to conduct against illegal gambling in a Tin Shui Wai public housing estate.
The post was accompanied with a photo of a knife, the police said.
Officers arrested Ho on Wednesday morning and seized two computers and a knife.
They said Ho was due to appear before Tuen Mun Magistracy on July 22.
Asked why the arrest was made over a year after the alleged incident, the police said the investigation had been complicated and they had twice consulted the Department of Justice.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
