Beijing’s point man overseeing Hong Kong affairs is set to visit the city later this month as it marks the fifth anniversary of the imposition of the national security law and he will speak on the occasion, the Post has learned. Sources told the Post that Xia Baolong, director of the Hong Kong and Macau…
Beijing’s former liaison office chief in Hong Kong, Zheng Yanxiong, has returned to the nation’s capital and is expected to take up a senior role in the country’s top legislative body, the Post has learned. Two sources familiar with the matter said Zheng, who was abruptly removed as director of Beijing’s liaison office in Hong…
Beijing’s point man overseeing Hong Kong affairs is set to visit the city later this month as it marks the fifth anniversary of the imposition of the national security law and he will speak on the occasion, the Post has learned. Sources told the Post that Xia Baolong, director of the Hong Kong and Macau…
The terms “United States exclusion clause” and “China risk clause” were frequently heard at a recent shipping forum hosted by Zhejiang Seaport Group in the eastern city of Ningbo, as uncertainties at sea persist despite the trade war truce reached between the world’s two biggest economies. The event brought together global logistics sector representatives and…
Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset – is grabbing the attention of mainland institutions, as a leading Chinese brokerage predicts a boom in tokenised real-world assets (RWA) in the city. While Beijing has remained largely quiet on Hong Kong’s new stablecoin…
Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset – is grabbing the attention of mainland institutions, as a leading Chinese brokerage predicts a boom in tokenised real-world assets (RWA) in the city. While Beijing has remained largely quiet on Hong Kong’s new stablecoin…
China is not a fan of cryptocurrencies. Over the past decade, the Chinese government has built up one of the world’s most hostile regulatory frameworks against cryptocurrency-related activities, including trading and mining. Beijing views digital assets like bitcoin as a threat to the country’s financial stability and capital account controls, and even a challenge to…
Books about the Tiananmen Square crackdown have become increasingly scarce in Hong Kong’s independent bookstores, with sellers citing widespread self-censorship fuelled by legal uncertainties surrounding the sale of politically sensitive titles under the national security laws. The disappearance of the books and the loss of the annual June 4 candlelight vigil in Victoria Park, combined…
Chinese shares traded in Hong Kong fell on Monday, as heightened US-China trade tensions jolted market sentiment. The Hang Seng China Enterprises Index dropped as much as 2%, after a gauge of Chinese stocks traded in the US fell 2.7% on Friday. The onshore market is closed for holiday on Monday. Source link
The director of Beijing’s liaison office in Hong Kong made his first visit to the community on Sunday, two days after he took up the role, saying his appointment came with heavy responsibilities but reflected the trust Chinese President Xi Jinping placed in him. Zhou Ji, the executive deputy director of the Hong Kong and…