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Written by: Chen Qianting
2020-05-24 14:53
Last update date: 2020-05-24 14:54The Central Government announced recently that it will formulate a "Hong Kong version of the National Security Law" to be promulgated and implemented in Hong Kong. This agenda has caused a huge impact immediately after its introduction, especially in the stock market. The Hang Seng Index last Friday (22nd) swelled by more than 1,400 points , The market closed down 1,349 points, the largest one-day decline in five years.
Mai Meijuan, a member of the Legislative Council of the Hong Kong Federation of Trade Unions, said today (24th) that under the influence of the "black storm" last year, "the stock market has fallen and not stopped a few thousand points." It also believes that if the stock market is simply regarded as the national security law against Hong Kong As an indicator of impact, Zhang Huafeng, a member of the Legislative Council of the financial services industry, should be the chief executive of "Specializing in Higher Markets." She laughed and said, "Why don't you just stand that the National Security Law can be established, and all 23 can be established?" Hong Kong can recover even if there is a stock market disaster.
All fronts of Hong Kong support the National Security Legislation United Front to initiate street and online signature operations. (Photo by Zhang Haowei)
When attending the activities of the National Security Legislative United Front in various circles in Hong Kong, Mai Meijuan mentioned that in the past year, the society was affected by demonstrations and "black violence", and many of the wage earners of the wage earners were broken. They believed that local terrorism must be stopped.
She took the initiative to mention that after the Central Government announced that it would formulate a national security law, Hong Kong stocks would fall sharply the next day. She refuted that during the "black storm", "the stock market has fallen and not stopped a few thousand points." Fluctuation is an indicator of the National Security Law. Another Member, Zhang Huafeng, should be the chief executive of "Speculations in Higher Markets". She laughed: "Why don't you stop the National Security Law, and all 23 can be established?" Hong Kong has experienced in the past After several stock market crashes, Mai Meijuan believes that as long as there is a sound mechanism and no foreign black hands will intervene in Hong Kong, Hong Kong's economy will certainly be able to recover.
The central government announced on the evening of May 21 that it will review the Hong Kong version of the national security law agenda. The next day, the HSI fell by a maximum of 1,401 points, and the market closed by 1,349 points, a drop of 5.5%, the largest single-day drop in about five years.
Institutional members: the only way out for the national security law system
The signature action of the National Security Legislative United Front in Hong Kong was supported by many members of the establishment. Many people expressed their joy in the National Security Law when they spoke. He Junyao described the National Security Law as "returning support to Hong Kong people". It was "exciting" to sign support for 23 legislations with more than 2 million citizens.
Barrister Marne & Co. "grateful" the Central Committee for determination to legislate; Zhang Huafeng admitted frankly, thanked the country, and believed that the influence of the stock market and the property market is short, and the future is bright; Huang Dingguang also said that "seeing through the autumn waters" will usher in the national security law; He Junxian He said, "The only way out for the national security law system is currently visible."
Li Huiqiong, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of the Democratic Alliance for the Betterment of Hong Kong, presided over the kick-off ceremony. When she introduced Chen Keqin's speech, she once described the national security law as the "national anthem law." When she interviewed later, she believed that this time it was the Central Committee 'S prudent decision can plug existing loopholes.
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Hong Kong version of National Security Law Mai Meijuan
