Hong Kong's security net extends beyond arrests as small businesses pressured

Hong Kong’s security net extends beyond arrests as small businesses pressured

HONG KONG (AP) — It’s been years since mass arrests all but silenced pro-democracy activism in Hong Kong. But a crackdown on dissent in the semiautonomous Chinese city is still expanding, hitting restaurants, bookstores and other small businesses. Leticia Wong, former pro-democracy district councillor, arranges books at her bookstore in Hong Kong, Friday, June 20,…

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Hong Kong striving to create favourable environment for stablecoins: Paul Chan

Hong Kong striving to create favourable environment for stablecoins: Paul Chan

Hong Kong authorities will strive to create a conducive environment for the wide-ranging application of stablecoins in a bid to provide practical help for businesses to resolve cross-border payment issues, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po on Sunday reaffirmed the government’s efforts in applying fintech to resolve long-standing “pain points”…

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