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            • Bitcoin Price Volume Decline with Lowering Volatility
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      • Mortgage rates today, April 3, 2020 plus reviews
        • cmc currency details
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      • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Cision PR Newswire
        • Coupons – Best websites
          • Aeromexico Rewards Chart
          • Get Avios Points Free
      • Today Bitcoin Price at $6,800 USD
      • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
      • Macropay on Alternative & local payment methods that are reshaping global e-commerce
      • Bank of America is preparing for a flood of Applications to Small-Business Loan
      • Microsoft might be the best tech stock in this market
      • US Airlines To Work Collectively, Consolidate Flights
      • Bank of America maintaining business continuity and protecting the bottom line
      • US long-term mortgage rates drop
      • Bitcoin Price Bulls have been rejected at $7,000
      • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
      • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
      • Chase bank will raise up to $10 billion
        • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
        • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
        • Bank of America agreed to allow 50,000 mortgage customers to defer payments
      • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
        • Roll up the Sleeves! American Airlines was down -10.34%
        • Mortgage calculator rates today April 2, 2020
        • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
        • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
          • With Bank of America card you can request a payment deferral online
            • Bank of America fields 150,000 installment deferral demands
          • Coronavirus – Travel Insurance no cover cancellations
            • Bank of America said it won’t cut any positions
        • Bitcoin Price Today April 2 – BTC rise to $6,700
        • Mortgage calculator rates today March 31, 2020
        • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
        • Bitcoin Price Recovering After a Sharp Decline
        • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
        • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
      • Bank of America U.S. Minimum Hourly Wage Reaches $20
        • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
        • P2P Crowdlending – Average Interest Rate 18%
        • $633 Million BTC Transferred For Simply $0.26 Payment
      • Prime ICO Advertising and marketing Companies
      • Bank of America will provide up to $250 million
      • Bank of America VC: You tend to do the wrong thing at the wrong time
        • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
          • Bitcoin Price Today April 3
          • Bitcoin Price Is Sometimes Bullish in Q2
          • Bitcoin Price Tumble Beneath $ 6,000
          • BTC Price Today 5 | April, 2020
          • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
            • Today Bitcoin Price at $6,600
              • Bitcoin Price Bulls Reaches: “Live or Die”
              • BTC Price Today | 6 April 2020
        • Bank of America sees big year for Microsoft ahead
          • American Airlines coronavirus downgrade
            • Bitcoin Price Rejected $6,600
            • Bitcoin Price Trace It Will Fall to $ 5 K
            • BTC Price Today April 4
              • Stock Market Today 31 March, 2020
            • US Bank Raises $586M Against COVID-19
              • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
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      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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  • Fintech Zoom
    • Contact us
    • About Us
    • Why Fintech Zoom?
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      • Advertising
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      • Sponsored Content
      • Press Releases
      • Guest Posts
      • Ask for Proposal
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
      • Best Car Insurance Quotes Online
      • Best Homeowners Insurance Companies of 2020
    • Insurtech Guides
      • Insurance will not cover coronavirus losses
  • Lifestyle
    • Real Estate
      • Aston Martin Residences
      • The Best Miami Luxury Homes
    • Entertainment
      • Gambling
        • Understanding Different Types Of Online Slots
        • How to Read Odds: NBA Odds
        • Online Casinos
        • Betting
          • US Betting Sites
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          • Asia Betting Sites
          • The Best Sports Betting Sites
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          • NFL Betting Sites In 2021
      • Gaming
        • GameStop
        • Roblox
          • Is Roblox shutting down? Vs. Robox will be listed NYSE
      • Music
        • Spotify
    • Luxury
      • Most Expensive Watches
      • Best Luxury Clothing Brands
      • Best Luxury SUVs for 2020
      • Porsche
      • Luxury Yatchs
      • Best Luxury Cars
      • Best Luxury Sports Car
      • Best Electric Cars
      • Best Luxury Yoga Retreats
      • The Best Luxury Sports Cars
      • Best Time to Buy a Car
    • Health
      • Sex
      • Covid-19
        • Direct Payments in coronavirus
    • Tech
      • iPhone 12
  • Loans
    • Loans Guides
      • First time loan with no credit
      • Find the Best Private Lender for Personal Loans
      • Emergency personal loans for veterans
      • Fafsa deadline
      • Cash Loans
      • Bad Credit Loans
      • Bad Credit Loans Guaranteed Approval
      • Merrill Lynch Benefits
      • Loans CLO Pain Just Starting With Leveraged loan Rating Cuts
      • Can you get a loan without a bank account?
    • Loans “Best of….”
      • Best place to get an auto loan
      • Best Loan for Students – The Best Private Student Loans of 2020
      • Best Student Loan Refinance of 2020
      • Best Business Loan Lenders of 2020
      • Best Personal Loans of 2020
      • Best Auto Loan Rates for 2020
      • Best payday loans 2020
      • Best Online Loans for Bad Credit 2020
    • Loans Calculators
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      • Student Loan Calculator
      • Loan Calculator
      • VA Loan Calculator
      • FHA loan calculator
      • Auto Loan Calculator
      • Boat Loan Calculator
    • Loans Companies
      • Quicken Loans
      • Rocket Loans
      • Nelnet Student Loans
      • Wells Fargo Student Loans
      • Discover Student Loans
      • AES Student Loans
      • Amigo Loans
      • Likely Loans
      • Tesco Loans
      • Sunny Loans
      • Great Lakes Students Loans
      • Caliber Home Loans
    • Loans Types
      • Payday Loans Bad Credit
      • Online Loans
      • Personal Loan
      • Personal loans for debt consolidation 2020
      • Payday Loans
      • Auto Loan
      • Student Loans Calculator: Pause Scholar mortgage Funds
      • Payday Loans
  • Cryptocurrencies
    • Crypto “Best Of…”
      • Best Crypto Wallets 2020
      • Best Crypto Hardware Wallets of 2020
      • Best Cryptocurrency Exchange 2021
      • Best Crypto to Invest in
      • Greatest Cryptocurrency Tax Software program 2020
      • Best Crypto Trading Bot
      • Best Cryptocurrency Exchanges | April 2020
    • Wallets
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      • Crypto Exchange News
      • Exchange Fee
      • Crypto Exchange Ranking
    • Services – ICO
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      • ICO – Premium Listing
      • ICO Calendar
      • Greatest ICO itemizing websites ICO Score Businesses (2019) | Cryptocurrency ICO Checklist | ICO Calendar
      • ICO – Project Rating
      • ICO – Connect Investors
      • Airdrops News
    • Blockchain News
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      • Binance Coin
      • COINBASE
    • Top Cryptocurrencies
      • Tether
      • Bitcoin Cash
      • Dogecoin
      • Litecoin
      • Bitcoin
        • Bitcoin Guides
          • Bitcoin ATM near me
          • How to get a lot of bitcoin for free?
          • Bitcoin BTC Price
          • How to Buy Bitcoin
          • Bitcoin
          • Where to buy Bitcoin?
          • Bitcoin Price Guide
          • How to Mine Bitcoin on PC
          • Bitcoin Halving
          • How Long does it Take to Mine 1 Bitcoin?
          • What can you Buy with Bitcoin?
          • Easiest Way to Buy Bitcoin
          • Bitcoin Hoje
          • Bitcoin Halving
          • How to Make Money with Bitcoin
          • Bitcoin Price Prediction
          • Bitcoin Tax
          • Bitcoin Value
          • Bitcoin for Beginners
          • Mercado Bitcoin
        • Bitcoin Calculator
          • BTC to USD Converter
          • Bitcoin Preev
        • Bitcoin “Best of…”
          • 23 Best Place to Buy Bitcoin Online 2020
          • Bitcoin Betting
          • Best Bitcoin Sports Betting Sites 2020
        • Buy Bitcoin
          • Buy Bitcoin With Gift Card
          • Buy Bitcoin with Credit Card
          • Buy Bitcoin Cash
          • Buy Bitcoin Anonymously
          • Buy Bitcoin with credit card
          • Buy Bitcoin with Prepaid Card
          • Buy Bitcoin with Paypal
          • Buy Bitcoin Near Me
          • Buy and Sell Bitcoin
          • Buy Bitcoin: Best Ways to Buy BTC Instantly
          • Buy Bitcoin at Walmart
          • Buy Bitcoin ATM
          • Buy Bitcoin Through Paypal
          • Buy Bitcoin Without ID
        • Bitcoin Price
          • Bitcoin Price USD
          • Bitcoin Price Live
          • Bitcoin Price Live Ticker
          • BTC to USD
          • Price of Bitcoin
          • Price Charts – Bitcoin Price
          • Bitcoin 가격
          • Bitcoin Price Prediction
        • Bitcoin News
          • Current Bitcoin News
            • Bitcoin Price Analysis is now value as a lot as PayPal
            • Bitcoin Price Volume Decline with Lowering Volatility
      • Ethereum
        • Ethereum News
        • Ethereum Worth
      • Ripple
        • Ripple Price
        • Ripple News
        • Ripple
  • News
    • Fintech News Today
    • News
      • Mortgage rates today, April 3, 2020 plus reviews
        • cmc currency details
          • cmc exchange details
            • Shortcodes
      • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Cision PR Newswire
        • Coupons – Best websites
          • Aeromexico Rewards Chart
          • Get Avios Points Free
      • Today Bitcoin Price at $6,800 USD
      • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
      • Macropay on Alternative & local payment methods that are reshaping global e-commerce
      • Bank of America is preparing for a flood of Applications to Small-Business Loan
      • Microsoft might be the best tech stock in this market
      • US Airlines To Work Collectively, Consolidate Flights
      • Bank of America maintaining business continuity and protecting the bottom line
      • US long-term mortgage rates drop
      • Bitcoin Price Bulls have been rejected at $7,000
      • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
      • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
      • Chase bank will raise up to $10 billion
        • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
        • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
        • Bank of America agreed to allow 50,000 mortgage customers to defer payments
      • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
        • Roll up the Sleeves! American Airlines was down -10.34%
        • Mortgage calculator rates today April 2, 2020
        • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
        • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
          • With Bank of America card you can request a payment deferral online
            • Bank of America fields 150,000 installment deferral demands
          • Coronavirus – Travel Insurance no cover cancellations
            • Bank of America said it won’t cut any positions
        • Bitcoin Price Today April 2 – BTC rise to $6,700
        • Mortgage calculator rates today March 31, 2020
        • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
        • Bitcoin Price Recovering After a Sharp Decline
        • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
        • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
      • Bank of America U.S. Minimum Hourly Wage Reaches $20
        • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
        • P2P Crowdlending – Average Interest Rate 18%
        • $633 Million BTC Transferred For Simply $0.26 Payment
      • Prime ICO Advertising and marketing Companies
      • Bank of America will provide up to $250 million
      • Bank of America VC: You tend to do the wrong thing at the wrong time
        • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
          • Bitcoin Price Today April 3
          • Bitcoin Price Is Sometimes Bullish in Q2
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Hong Kong polls to be postponed for second year as part of Beijing’s planned overhaul of elections, with expansion in store for legislature, Election Committee

Hong Kong’s Legislative Council could have up to 90 lawmakers, up from the current 70, and the Election Committee that selects the city’s chief executive may add another 300 voters to become a 1,500-member outfit, as part of a drastic overhaul to the electoral system, the Post has learned. On the proposed expansion of Legco, sources said the additional members would be chosen from the Election Committee, which is expected to hold its voting only in December. As such members can only join Legco after December, sources said the postponement of Legco elections was all but certain. Two sources said the polls, delayed from last year to this September because of the Covid-19 pandemic, would be deferred to September 2022.Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China. The reason for the delay was that the changes would require local legislative amendments Beijing was not confident could be done before July when the current Legco term ends, other sources indicated. Sources revealed these proposals were on the cards as Beijing placed the reform of the city’s elections on the agenda of its annual “two sessions” meetings that began on Thursday. The reforms are to fulfil the precept of “patriots governing Hong Kong” deemed necessary for the stability and security of the city. State-run news agency Xinhua reported that an item titled “Improving the Election System of the Hong Kong Special Administrative Region” was listed seventh on the agenda of the National People’s Congress (NPC), whose plenary session starts on Friday. Once passed, the resolution will empower the NPC’s Standing Committee to come up with the details of the changes. Annex I and II of the Basic Law, which stipulated the composition of the Election Committee and Legco, would need to be changed by the NPCSC, followed by local legislation by Hong Kong’s government and legislature. China expected to send veteran trade official to Hong Kong for top economic job A pro-Beijing source who attended a briefing on Thursday evening chaired by Xia Baolong, director of the State Council’s Hong Kong and Macau Affairs Office, told the Post: “The reforms will touch on both the city’s Legislative Council elections as well as the election committee that picks the chief executive of Hong Kong.” Sources confirmed that the expansion of both Legco and the Election Committee was on the cards. “It’s a complete surgery of the election systems in the city since the handover,” one of them commented. On the Election Committee, sources said the current 117 district councillor seats would be scrapped. Beijing had previously expressed unhappiness with the seats as they would likely be held by opposition activists who took part in the 2019 protests, as it viewed them as anti-government and anti-China elements out to threaten national security. Their voting power combined with the traditional control of 300 seats by the pan-democrats would make the opposition bloc kingmakers in the election for a chief executive, making it potentially risky for Beijing’s own preferred candidate in a two- or three-man race. The new 300 voters that could be added to the Election Committee would be part of a fifth sector, and they will comprise the city’s representatives to the Chinese People’s Political Consultative Conference (CPPCC), as well as Hong Kong members of prominent mainland Chinese business, social and academic groups, such as the All-China Federation of Industry and Commerce, and the All-China Women’s Federation, the sources said. Currently, 36 local deputies to the NPC are ex officio members of the committee, but about 200 local delegates to the CPPCC only have 51 seats on it. Under Beijing’s plans, they would automatically become members of the body. “This is the only proposal raised by Beijing so far,” a source said. The sources said their addition – to the business, professional, social and political sectors currently represented – was to ensure “stability” and reduce the “risks” of Beijing’s preferred candidate not being elected. Top Hong Kong civil servants ‘should be barred from holding overseas abode right’ In the past, chief executive hopefuls needed to obtain nominations from any 150 of the Election Committee’s 1,200 members. In the future, they still need to obtain an eighth, or 188 of the 1,500 members, but they must have at least 15 nominations from each of the five sectors. “Some people said this is to dilute the opposition camp’s influence, but I would say that this is to increase the security, and reduce the risk,” a CPPCC delegate said. In the 70-member Legco, five “super seats” in the functional constituencies, and five in the geographical constituencies would be scrapped to reduce the size of the two groups to 30 members only. Then, the 1,500-member Election Committee would elect 30 lawmakers among themselves to fill a third 30-member sector. It was a revival of one of the committee’s abolished powers. From 1998 to 2000, 10 of the seats in the 60-member legislature were returned by members elected by the committee. The number dropped to six from 2000 to 2004, when the system was scrapped. A vetting committee, likely to comprise senior local officials, will be created to assess the candidacies of those running for seats on the Election Committee or in Legco, and will review electoral officers’ decisions on their candidacies. But sources said at the meeting on Thursday, Xia and other officials did not elaborate on how to overhaul the remaining functional constituencies and geographical constituencies in the Legco polls, as well as how to reform the district council polls. Ray Yep Kin-man, a political scientist at City University, said he would not be surprised if Beijing made drastic changes to the electoral systems to eliminate any possibility of the opposition affecting their outcome, especially in next year’s chief executive race. “For safety purposes, they would make very careful amendments,” he said. “Since Beijing does not want to see any representatives from the opposition bloc getting into Legco this September – ones who would directly become chief executive Election Committee members – the only way they could keep this from happening is to postpone the whole Legco election.” “Then the next chief executive could win under high ‘recognition’ and ‘endorsement’ without any possible uncertainties,” he added. Hong Kong patriots: state official in seminar to hear views on electoral reforms At a press conference, NPC spokesman Zhang Yesui would only say that Hong Kong’s electoral systems were an integral part of the city’s political structure. “The developments in recent years show that the electoral system needs to be improved to keep abreast with the times and provide the Institutional guarantee for the full and accurate implementation of the one country, two systems and the principle of patriots governing Hong Kong,” he added. “The NPC is the supreme organ of state power, it exercises its function and powers under the constitution and the Basic Law. It is the power of the NPC as well as its responsibility, to make a decision on improving Hong Kong’s electoral systems.” He declined to elaborate on details of the matter, asking journalists to pay attention to the upcoming NPC meetings. Basic Law Committee member Professor Albert Chen Hung-yee, a law professor at the University of Hong Kong, said he expected the NPC to follow the way Beijing imposed the national security law on the city last June. The NPC would endorse the key principles, while its apex, the standing committee, would iron out the details, he added. Details of the proposals emerged as Xia, Beijing’s top official on Hong Kong affairs held a meeting with Hong Kong’s delegates to the CPPCC – the nation’s top advisory body – to explain the impending changes. CPPCC vice-chairman Zhang Qingli also attended the meeting. Just a few days ago, Xia chaired a two-day seminar in Shenzhen to hear the views of Hong Kong’s pro-establishment elites on revamping its electoral and political systems to ensure public office holders were sufficiently patriotic, a precept cited by President Xi Jinping in January as fundamental to the city’s long-term stability and prosperity. Reveal of Beijing’s political inoculation plan for Hong Kong looms at ‘two sessions’ A week before that, on February 22, Xia also gave the most comprehensive explanation to date of the concept of “patriots governing Hong Kong”, and called for the principle to be implemented across all three branches of government. In a speech, he defined “patriots” as people who sincerely safeguarded national sovereignty, security and development interests; respected the fundamental system of the country and the constitutional order of the city; and did their utmost to maintain its prosperity and stability. He also gave indications on how the changes should take place. Critics, meanwhile, have questioned the definition, and framed the plans as a move to obliterate the opposition and silence democratic voices in the city. But Xia in his February 22 speech maintained Beijing was not expecting political homogeneity. Pro-establishment figures have also sought to reassure Hongkongers there would be room for diverse political opinions, provided they did not undermine sovereignty and national security. China’s “two sessions” – the collective name for the annual plenary sessions of the CPPCC and NPC – also kicked off this year on Thursday with Wang Yang, the head of the CPPCC, making clear the dominant theme for Hong Kong would be the “patriots” principle. Additional reporting by William ZhengMore from South China Morning Post:Hong Kong’s electoral reform: is this the end of confrontational opposition, and who decides what’s a patriot?Mainland official says Hong Kong electoral overhaul will be on the agenda at National People’s Congress plenary sessionHong Kong is not independent like Singapore and those who challenge Beijing’s authority are separatists, says CY LeungLoyalty, not love, key element of ‘patriots governing Hong Kong’, local delegate to China’s top legislative body saysThis article Hong Kong polls to be postponed for second year as part of Beijing’s planned overhaul of elections, with expansion in store for legislature, Election Committee first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.

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