No politics, please! Hong Kong finance professionals impose self-censorship after security law

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A year ago, growing anti-government demonstrations in Hong Kong were a hot topic in conversations among bankers, lawyers and other investment professionals in one of the world's biggest and freest financial hubs.

HONG KONG - A year ago, growing anti-government demonstrations in Hong Kong were a hot topic in conversations among bankers, lawyers and other investment professionals in one of the world’s biggest and freest financial hubs.

More than half a dozen people Reuters spoke to said they chose not to talk about the impact of the law on their businesses with their colleagues and external contacts, though there had been no such official instruction from their respective organizations. While it doesn’t directly impact the financial sector, its provisions including giving a special police unit extra powers of search, electronic surveillance and asset seizure that have stoked concerns among some professionals.Both Hong Kong and Chinese government officials have said the law is vital to plug gaping holes in national security defences exposed by months of sometimes violent protests against the local government and Beijing over the last year.

“I had just started when my boss tapped me on the shoulder and asked me to move on to business matters. Later, all our team members in Hong Kong were told to strictly refrain from sharing opinion on this on calls and social media.” “I think some people could become very careful in what they write on Whatsapp and Wechat ... as a firm we are not writing anything in any correspondence like that but it could become an issue for some.”

 

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And that's how communism gets you to comply. Censorship, especially voluntary. Keep your head down, your mouth shut, and no trouble will come your way...

they adjusted rather quicklly

cash out. get out.

For SC and HSBC, the asian market is more important than toeing the line of the UKs nonsensical foreign policy agenda, and whose leadership/policies change every couple years. Unreliable. Best to stay neutral.

It definitely crashes the freedom of smashing the city and beating up whoever dont side with them. Protests will go back to GTA for this kind of fun.

China does not share our values - democracy, freedom, and the rule of law ...The world must stand with freedom loving people in HK. Action speaks louder than words. Bring them to International court

Got it !!

🙈🙉🙊... THE courage in the 21st century ! Shame

Other countries are offering citizenship to those poor folks.

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