National security warning now a part of Hong Kong land sales | CNN Business

. A public tender spelling out the details of a government land sale in the city’s Kowloon district states that prospective buyers can be disqualified if they or their parent firms engage in activities that “endanger national security” or affect public order.

“If the approach to land tenders is extended to other sectors where foreign companies are more likely to participate, then it could damage our reputation as an open economy,” he said. He gave examples of whether asset management companies shorting Hong Kong stocks or criticizing government policy could be construed as threats to national interests.

So like Texas, just more arbitrary

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong adds security law clauses to land sales, property stocks dropHong Kong's Lands Department has added national security clauses to all land sale and short-term lease tender documents in the Asian financial hub, the Development Bureau said on Monday, confirming an earlier media report that had sent property stocks tumbling. Dam CCP ruins everything it touches. Probably for the best until we can locate all those “disappeared” during 2020 China dictatorship destroyed Hong Kong justice, freedom and human right
Source: Reuters - 🏆 2. / 97 Read more »