Fund flows from mainland China were particularly strong. For the first eight months, net flows from China to Hong Kong stocks via the Hong Kong Stock Exchange surged to more than $55 billion, up nearly 190% from a year ago, according to estimates by China Galaxy Securities.
“The dominant rhetoric from western countries goes beyond the humanitarian principle to emphasize economic self-interest,” she wrote. “They paint a caricature of a population where Hong Kong’s poor and disenfranchised are never part of the picture, where a life’s worth is defined by its productivity.”
This week, Hong Kong’s governing body formally withdrew the bill that sparked the original protests earlier this year, but that has done little to appease protesters in this leaderless movement, who say they want the government to do more to stave off what they believe is encroaching control from Beijing
Recently, the government reiterated its support for pro-democracy activists. Liberal and nationalist President Tsai Ing-wen—re-elected for a second term in January despite Chinese efforts to undermine her—wrote on Facebook in May: “In face of the changing situation, the international community has proactively stretched out a helping hand to Hong Kong’s people.”
HONG KONG (Reuters) – Shares of Yum China Holdings Inc 9987.HK fell by as much as 4.1% from their offering price in Hong Kong on Thursday as they made their debut in a secondary listing.
Space for protest shrinking The national security law has started to affect how far people are willing to go in criticizing Hong Kong’s government, whether it is stores removing protest materials, self-censorship on social media or the reduced scale of protests.
Asked about the reaction to the film’s Xinjiang shooting, foreign ministry spokesman Zhao Lijian restated Beijing’s denial of the existence of re-education camps in the region, calling facilities there vocational and educational institutions and accusing anti-China forces of smearing its Xinjiang policy.
In 2019 state media labelled him one of a new “Gang of Four” conspiring against Beijing. He is already facing several charges over involvement in last year’s pro-democracy protests, and he was one of 25 people charged on Friday over attending a Tiananmen Square massacre vigil in June.
Hong Kong police later confirmed the rough arrest of the young girl in a statement, claiming that she had run ‘in a suspicious manner’ and officers had used ‘minimum necessary force’ to apprehend her.
Google updated its Street View Map to include images of the city’s streets taken last October when Hong Kong was gripped by months of anti-government demonstrations. This file picture shows a masked protester sits near graffiti during a protest in Hong Kong on October 4, 2019