Liaison Office Can Do Any Legal Trade: Carrie Lam
"); jQuery("#212 h3").html("
"); });
2018-05-29 HKT 11:39
Share this story
Chief Executive Carrie Lam said on Tuesday that Beijing's liaison office here can carry out any relevant business it wishes as long as it is legal.
Lam was responding to an RTHK report which confirmed the office has indirect ownership of the local publishing conglomerate, Sino United Publishing Holdings Limited, which runs more than half of the city's bookstores.
When asked whether this arrangement goes against the "One Country, Two Systems principle", Lam said the office could do other work related to its operational objectives, provided it was within the law.
Lam also said one shouldn't interfere with the work of the liaison office.
A16z Crypto Opens First Office In Seoul To Expand In Asia
a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more
Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing
Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more
Modernising Bank Payments: How Banks Can Win In Merchant Acquiring
Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more
KPay Enables Tap To Pay On IPhone For Hong Kong Merchants
KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more
HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing
Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more
Endowus Launches Income Enhanced Portfolio For Professional Investors
Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more