DIRS.INFO The most relevant business & tech news

☆ 'Hong Kong is China's Hong Kong': Beijing hits back at U.S. for 'slandering' city's new security law
▼ + stars: | 2024-03-21 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

The flags of China and Hong Kong displayed in rows. China's embassy hit back against U.S. criticism of Hong Kong's new national security law on Thursday, saying the U.S. should "respect China's sovereignty." Hong Kong lawmakers passed a new national security law on Tuesday which critics say grants the government more power to quash dissent. "Hong Kong is China's Hong Kong. Hong Kong affairs are purely China's internal affairs, which no country is in the position to point fingers at or interfere in," a spokesperson said on Wednesday.

Persons: Hong, Hong Kong's, Vedant Patel, John Lee, Wang Yi, — CNBC's Evelyn Cheng, Clement Tan Organizations: U.S . State Department, Kong's Legislative, China's, Beijing, China - Locations: China, Hong Kong, U.S, China's, Hong Kong . Hong Kong, Kong's, China - U.S

☆ Hong Kong's national security law has analysts divided on its social and economic ramifications
▼ + stars: | 2024-03-20 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

Lawmakers, government officials, and Hong Kong Chief Executive John Lee are posing for a group photo inside the chamber of the Legislative Council complex after passing the Safeguarding National Security Bill in Hong Kong, China, on March 19, 2024. Hong Kong's new national security bill that seeks to "prevent, suppress and punish espionage activities" has left analysts divided on its social and economic ramifications. Lawmakers in Hong Kong passed the Safeguarding National Security Bill, which has been under scrutiny for provisions such as life imprisonment for 'treason' and 'insurrection,' in a special session on Tuesday. Hong Kong's Legislative Council had introduced the bill known as Article 23 on March 8, and Chief Executive John Lee had urged the need to pass the law "as soon as possible" given an "increasingly complex" geopolitics backdrop. Chiu highlighted that the bill was deliberated on, amended, and passed within 11 days — a record time in Hong Kong's legislative history.

Persons: John Lee, Hong, Dominic Chiu, Chiu, — Organizations: Hong, Legislative, National, China &, Eurasia Group, Hong Kong's Legislative Locations: Hong Kong, China, China & Northeast Asia, Hong Kong's

☆ Hong Kong lawmakers pass new national security law, giving government more power to curb dissent
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +2 min

Hong Kong lawmakers passed a new national security law on Tuesday that grants the government more power to quash dissent, widely seen as the latest step in a sweeping political crackdown that was triggered by pro-democracy protests in 2019. The legislature passed the Safeguarding National Security Bill during a special session Tuesday. The law threatens stringent penalties for a wide range of actions authorities call threats to national security, with the most severe — including treason and insurrection — punishable by life imprisonment. "I fully agree with what the Chief Executive said: the sooner the legislation is completed, the sooner national security will be safeguarded," he said. Hong Kong's political scene has changed dramatically since the massive 2019 street protests that challenged China's rule over the semi-autonomous territory, and the imposition of Beijing's National Security Law.

Persons: Hong, John Lee, Andrew Leung, Critics, China's Organizations: National, Kong's Legislative, Legislative, British, National Security Law Locations: Central, Hong Kong, Beijing, Kong's

☆ Hong Kong Court Convicts Four for Rioting After 2019 Legislature Storming
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

Hundreds of protesters stormed Hong Kong's Legislative Council building on July 1, 2019, after a protest march against a proposed extradition bill that would have allowed authorities to send individuals to mainland China for trial. District Court Judge Li Chi-ho found four people including Ho Chun-yin, actor Gregory Wong, Ng Chi-yung and Lam Kam-kwan guilty of rioting. During the trial, Gregory Wong told the court he entered the legislative council solely to deliver two chargers to reporters who were covering the break-in by protesters. Three Hong Kong police officers met him in Shenzhen and said he had to cooperate or else he would not be able to return to Hong Kong. Hong Kong's district court sets a maximum of seven years in prison for rioting.

Persons: Jessie Pang, Edward Cho HONG, Li Chi, Ho Chun, Gregory Wong, Ng Chi, Lam Kam, kwan, Lam, Wong Ka, Ma Kai, Wong, Althea Suen, Ventus Lau, Owen Chow, Edward Cho, Farah Master, Lincoln Organizations: Reuters, Hong, Legislative, Hong Kong, Hong Kong . Police, University of Hong Locations: Edward Cho HONG KONG, Hong Kong, China, Legco, Shenzhen, Hong Kong's

In this article BTC.CM=ETH.CM= Follow your favorite stocks CREATE FREE ACCOUNTKris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty ImagesKris Marszalek wants everyone to know that his company, Crypto.com, is safe and in good hands. While no evidence has emerged of wrongdoing at Crypto.com, Marszalek's business history is replete with red flags. Over the course of 2008 and 2009, Marszalek and his partner were transferred nearly $3 million in payments from Starline, according to the documents. As a result, when the bank forced Starline into liquidation, Marszalek and his partner were forced into bankruptcy as well.

Search resuls for: "Kong's Legislative"

5 mentions found