Chen Zhisi said, “I am very sure that the law will be implemented and this will happen.” “I think the law will still be passed, but it will take more time. The government wants to make sure that we have considered everything before we actually implement the law. factor”.
The Mainland passed the Anti-Foreign Sanctions Law in June, giving the Chinese government the right to seize the assets of entities that “directly or indirectly participate in the formulation, decision or implementation of” foreign sanctions.
Chen Zhisi said that the Hong Kong government is liaising with mainland officials and people in the financial services industry in Hong Kong to study how to implement the law in Hong Kong. “The Hong Kong government is also communicating with the financial industry to understand how we can ensure that it will Have a direct impact”.
Other reports
Caixin China’s service industry PMI returns to 50 in September
The Hang Seng Index opened 363 points higher
After the National Day holiday, the three major Shanghai and Shenzhen indexes reopened and the People’s Bank of China returned a net 330 billion yuan from circulation
Hong Kong stocks ADR rises by 306 points
The U.S. debt ceiling bill passed by the Senate will be passed to the House of Representatives for a vote
Aoyuan’s sales of 10.9 billion in September fell 9% year-on-year, and increased by 18% in the first September
U.S. bipartisan agreement to raise debt ceiling
