Cnn hong kong

Video PlayerClose HONG KONG, Dec. 6 (Xinhua) -- The Hong Kong Special Administrative Region (HKSAR) government expressed on Friday deep regret over the spreading of untrue claims overseas in recent days by some Hong Kong political figures who urged foreign governments or legislatures to interfere with the affairs of the HKSAR. "Some politicians in Hong Kong openly supported the United States' 'Hong Kong Human Rights and Democracy Act', and suggested similar legislation in other countries or regions with the intent to demand foreign intervention in Hong Kong affairs. This only conveys the wrong message to violent protesters and misleads them into thinking they have gained the support from other countries or regions. These politicians must bear the responsibility for society descending into chaos," the HKSAR government said in a statement released on Friday night. From June this year until now, there have been over 900 demonstrations, processions and public meetings held in Hong Kong. … [Read more...] about HKSAR gov’t urges political figures to stop asking for foreign intervention in Hong Kong affairs

Video PlayerClose HONG KONG, Dec. 6 (Xinhua) -- Malaysia-based RHB Bank has decided to close its business operations in Hong Kong due to an increasingly challenging environment. RHB Hong Kong, a wholly-owned subsidiary of RHB Investment Bank, an affiliate of the Malaysian financial conglomerate, said Friday that it will cease business operations in Hong Kong, as well as those of its subsidiaries, in a statement. "The increasingly challenging operating broking environment in Hong Kong has resulted in losses being recorded for the RHB Hong Kong Group," the statement said. "As a result, it is no longer viable for RHB Hong Kong Group to continue its business operations." The company said the proposed cessation is expected to be completed by the second quarter of 2020. Given an economy plagued by sluggish global trade and ongoing local unrest, small and medium-sized brokerage companies operating in Hong Kong have met increasing difficulties. It is reported that more brokers have closed … [Read more...] about RHB Bank to shut down Hong Kong operations

Video PlayerClose HONG KONG, Dec. 6 (Xinhua) -- Out of the 2.9-percent gross domestic product slip in the third quarter in Hong Kong, over 2 percentage points were caused by the prolonged social unrest, a senior official of China's Hong Kong Special Administrative Region (HKSAR) government said Friday. Hong Kong's economy dropped 2.9 percent in the third quarter, the first year-on-year negative growth since the global financial crisis in 2009, and was considered entering a technical recession after shrinking for two straight quarters, Financial Secretary Paul Chan said. Violent incidents in the past few months impacted various industries and the global image of the financial hub, Chan said at a conference of the Legislative Council, stressing that Hong Kong experienced unprecedented turmoil. Violent acts of rioters from blocking roads to vandalizing railways and shops have posed a major challenge to sectors including tourism, retail sales and catering, said Chan, adding the turnover … [Read more...] about Unrest causes over 2 pct GDP slip in Hong Kong: official

Video PlayerClose BEIJING, Dec. 6 (Xinhua) -- State Councilor and Minister of Public Security Zhao Kezhi met with Tang Ping-keung, commissioner of police of the Hong Kong Special Administrative Region, on Friday in Beijing. Zhao stressed that President Xi Jinping's Nov. 14 speech on the situation in Hong Kong had pointed out the direction for ending violence and chaos and restoring order in the region. He expressed the hope that Tang could unite and lead the police of Hong Kong in strengthening their faith and determination and keeping high morale, so as to reach the goal of ending violence and chaos and restoring order as soon as possible. Zhao expected them to resolutely protect Hong Kong's rule of law and social order to make a greater contribution to safeguarding the region's prosperity and stability as well as the smooth and sustained implementation of the "one country, two systems" principle. Tang said that the Hong Kong police will be united as one and fully commit themselves … [Read more...] about State Councilor meets Hong Kong police commissioner

Video PlayerClose HONG KONG, Dec. 6 (Xinhua) -- The Hong Kong police said Friday that they have seized in a park 59 bottles of dangerous chemicals suspected to be stolen by rioters from university laboratories. The police received a report that rioters have stolen a large number of chemicals from laboratories of a university and stored them in the vicinity of the Shing Mun Reservoir. After investigation, the police seized 59 bottles of chemicals with a total volume of 137 liters near the barbecue area of the Shing Mun Reservoir country park, Chief Superintendent of Police Public Relations Branch (PPRB) Kwok Ka-chuen told a press conference on Friday. Some of the seized chemicals are highly corrosive or inflammable, and coming into contact with them will cause serious bodily harm, Kwok said, appealing to people to make a report if they come across suspicious chemicals and not to come into contact with them. The campuses of several universities in Hong Kong were occupied and vandalized … [Read more...] about Hong Kong police seize 59 bottles of dangerous chemicals stolen by rioters from university laboratories