Saturday, December 20, 2014   

Some Hong Kong finance workers to join Occupy Central
(04-22 16:08)

Dozens of Hong Kong's finance professionals have vowed to join a pro-democracy street protest which could shut down traffic in the Central business district later this year.
The group of some 70 bankers, traders and other professionals said they would support the "Occupy Central'' campaign by local activists, which aims to push China to allow free elections in the semi-autonomous city, AFP reports.
Organizers have threatened to block the streets of Central with 10,000 people unless their demands on democracy are met.
The campaign is planned for July, although there have been suggestions it should be postponed until year-end.
The plan has been criticized by both Hong Kong and Chinese officials as well as some business leaders.
However the finance professionals said it was necessary to fight for freedom in the former British colony as China tightens its grip.
"It's time to speak up for universal suffrage as we are passionate about Hong Kong,'' fund manager Edward Chin, one of the organizers, told AFP.
Another organiser Au Lai-chong said the group, which will declare its stance in certain newspapers on Wednesday, includes both local professionals and expatriates, some of whom plan to join the Occupy protesters on the streets.
"I feel we have to stand up and express our wishes. As Hong Kong citizens we should contribute,'' said Au, 37, who works for an investment company.
The group has bought advertising space in some local and international newspapers and a letter addressed to Chinese President Xi Jinping will be published on Wednesday, according to Au and Chin.
"The current political climate in Hong Kong is having a negative impact on Hong Kong's competitiveness as a major financial centre,'' it reads.
The group will make several demands, including the protection of free speech, a fair business environment and economic diversity.
The city's political future is a highly charged issue.
China has promised direct elections for its chief executive in 2017, but many pro-democrats fear it will control the choice of candidates to ensure election of a sympathetic official.
It has ruled out demands that voters be allowed to choose which candidates can stand.
Britain returned the financial hub to China in 1997 under a deal that gave it semi-autonomous status and civil liberties not seen in mainland China.   
Other Hong Kong breaking news:
(SHKP trial) Thomas Kwok steps down as chairman (12-19 19:24)
(SHKP trial) Two middlemen detained after convicted (12-19 18:50)
(SHKP trial) Verdicts for high profile bribery case of Rafael Hui, Kwok borthers (12-19 18:35)
(SHKP trial) Rafael Hui: from top official to convicted (12-19 18:16)
(SHKP trial) Billionaire brothers at heart of trial (12-19 18:11)
(SHKP trial) ICAC remains unbiased in investigations (12-19 17:13)
(SHKP trial) Jurors exempted from jury duty in five years (12-19 17:00)
(SHKP trial) Raymond Kwok thankful his name cleared (12-19 16:42)
(SHKP trial) Alan Leong calls for improvement in vetting and disclaration system (12-19 16:35)
(SHKP trial) 'Black eye' for Hong Kong: analyst (12-19 16:32)

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