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Finance plus zero one. Essence|Fang Baoqiao expects the United States to push "clean networks" to affect Hong Kong's development

2020-08-10T11:16:34.646Z

"Hong Kong 01" financial program "Finance Plus 01" will be broadcast live at 5 pm on Hong Kong stock trading days. The program invites guests from all walks of life to talk about their personal views on public policy, macroeconomics, the stock market and the property market, as well as their investment experience.



Financial News

Written by: Xu Shihao

2020-08-10 19:00

Last update date: 2020-08-10 19:07

"Hong Kong 01" financial program "Finance Plus 01" will be broadcast live at 5 pm on Hong Kong stock trading days. The program invites guests from all walks of life to talk about their personal views on public policy, macroeconomics, the stock market and the property market, as well as their investment experience. Today (10th) guest is Fang Baoqiao, Honorary Chairman of the Hong Kong Information Technology Association.

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US Secretary of State Mike Pompeo (Mike Pompeo) recently announced the "Clean Network Program" (The Clean Network program), in the five major network areas, including applications, application stores, cloud services, mobile networks and submarine Internet cables, some of the "Trusted" Chinese companies operate in the United States to protect the privacy of American citizens and sensitive corporate data.

Fang Baoqiao said in the program that the plan has a wide-ranging impact. Applications made by mainland companies may need to be removed from the shelves in the United States, which will also affect Chinese-funded data centers and cloud services. Considering that the disapproval of the Pacific Fiber Optic Network built by Google and Facebook to connect to Hong Kong will also cause technology companies to relocate their data centers to other places, which will have a great impact on Hong Kong.

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Source: hk1

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