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Posted on 08/03/2021

Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz

Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong's WeLab, a fintech company founded in 2013, saw users soar by 20% year-over-year in 2020, bringing its ... ( read original story ...)

Posted on 08/03/2021

Hong Kong Leader ‘Fully Welcomes’ Proposed Electoral Reforms

Hong Kong leader Carrie Lam said Monday the city's government “fully welcomes” the electoral reforms that have been proposed by Beijing and will increase central government control over local politics ... ( read original story ...)

Posted on 08/03/2021

Hong Kong’s Lam says China’s planned electoral changes could prompt vote delay

Hong Kong leader Carrie Lam said on Monday that China's planned changes to the electoral system could further delay a vote for the city's legislature, but she was still uncertain on the timing. ( read original story ...)

Posted on 08/03/2021

Hong Kong’s Lam says electoral reforms to improve ability to self-govern

Hong Kong leader Carrie Lam said on Monday that China's planned changes to the electoral system could further delay a vote for the city's legislature, but she was still uncertain on the timing. ... ( read original story ...)

Posted on 08/03/2021

Hong Kong Leader Confirms China Revamp May Force Election Delays

Chief Executive Carrie Lam said she is unsure if upcoming legislative elections will be delayed again, as Chinese lawmakers work behind closed doors in Beijing to curb opposition candidates’ influence ... ( read original story ...)

Posted on 08/03/2021

Japan’s SBI plans Hong Kong pullout on concerns over security law

The chief executive of SBI Holdings, the financial conglomerate that owns Japan’s biggest online brokerage, said he plans to pull his company’s operations out of Hong Kong because “without freedom, ... ( read original story ...)

Posted on 08/03/2021

China says Hong Kong needs electoral reform for ‘brighter future’

The Chinese government's top diplomat State Councillor Wang Yi on Sunday said the electoral system in Hong Kong must be improved for long-term stability, saying reform would bring about a "brighter ... ( read original story ...)

Posted on 07/03/2021

China set to cut proportion of directly elected lawmakers in Hong Kong

China’s parliament is poised this week to pass a draconian new Hong Kong election law that will sharply reduce the proportion of democratically elected legislators and consolidate President Xi Jinping ... ( read original story ...)

Posted on 07/03/2021

Chinese FM defends Hong Kong reform proposals as ‘reasonable’

Beijing's controversial proposal to introduce new veto powers on Hong Kong's legislative elections are "lawful, just and reasonable," China's foreign minister said Sunday, after the move was ... ( read original story ...)

Posted on 07/03/2021

China’s top diplomat says Hong Kong needs electoral reform for ‘brighter future’

The Chinese government's top diplomat State Councillor Wang Yi on Sunday said the electoral system in Hong Kong must be improved for long-term stability, saying reform would bring about a "brighter ... ( read original story ...)

Posted on 07/03/2021

Senior Chinese diplomat Wang Yi says Hong Kong electoral system must be improved for stability

The Chinese government's top diplomat, State Councillor Wang Yi, on Sunday said Hong Kong's electoral system must be improved for long-term stability. Speaking at his annual news conference, he said ... ( read original story ...)

Posted on 07/03/2021

Beijing prepared to accept the pain to ‘fix’ Hong Kong, observers say

Beijing is ready to face the short-term pain and possible backlash from the West to reform Hong Kong's political system, which it sees as a chink in China's national security armour, mainland ... ( read original story ...)

Posted on 07/03/2021

China’s military ‘resolutely supports’ reform of Hong Kong electoral system

The People's Liberation Army (PLA) has given its backing to Beijing's plan to overhaul Hong Kong's electoral system to ensure "patriots" govern the city. Xu Qiliang, a vice-chairman of the Central ... ( read original story ...)

Posted on 07/03/2021

China seeks Hong Kong election changes, tech preeminence as U.S. rivalry intensifies

Big increases in research and development spending, and purging opposition voices in Hong Kong are part of the latest plans. ( read original story ...)

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