Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li
Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li

China’s foreign ministry vows countermeasures over US sanctions even as Hong Kong banks face blacklist threat

  • Foreign ministry spokesman Zhao Lijian said US should stop interfering in Hong Kong affairs, Chinese domestic issues
  • Hong Kong Autonomy Act allows the US to penalise lenders who engage in ‘significant’ transactions with blacklisted officials

Topic |   Banking & Finance
Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li
Hong Kong’s banks could face sanctions if they engage in “significant” transactions with officials blacklisted by the US over a controversial national security law. Photo: Warton Li
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