May 2021 Newsletter: Hong Kong On The Brink

Dear Friends of Hong Kong,
 
Last Friday, May 14, the Hong Kong government froze USD $64 million in media company shares and other assets that belong to jailed Apple Daily founder Jimmy Lai. Lai received the news in prison, where he is serving sentences related to peaceful protests while simultaneously facing three national security charges. 
 
The seizure of Lai’s property without any conviction or due process has struck nerves in Hong Kong and around the world. CFHK’s statement called the government’s action “a dangerous sign of things to come,” and rejected Hong Kong Chief Executive Carrie Lam’s claim that the action “reinforces” Hong Kong’s status as an international financial center.

Read CFHK statement here.
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(Photo by ISAAC LAWRENCE / AFP) (Photo by ISAAC LAWRENCE/AFP via Getty Images)

CFHK IN THE NEWS
 
Ellen Bork, president of CFHK, writes in The Bulwark about Jimmy Lai, what Hong Kong has meant to him, and how the Chinese Communist Party’s move against him is destroying everything that makes the city an appealing international financial center. She wrote:

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