AGP Executive Report
Last update: 8 hours agoHong Kong Politics & Governance: Chief Executive John Lee met Legislative Council leaders and a subcommittee on integration into the national 15th five-year plan to shape the city’s first five-year blueprint ahead of a public consultation expected in early June. Legal & Civil Liberties: The High Court upheld the conviction of Ronson Chan, former head of the Hong Kong Journalists Association, sentencing him to five days in jail for obstructing police during an ID stop in 2022, with the union warning it could raise risks for media workers. Finance Policy: Hong Kong is considering tax cuts for fund managers’ “carried interest” performance bonuses to lure top investment talent, with industry sources saying draft legislation could follow consultations. Cross-border Disputes: The government is moving toward setting up an international commercial court to handle cross-border business disputes. Aviation & Infrastructure: Hong Kong International Airport’s expanded Terminal 2 opened on 27 May, adding new check-in and passenger facilities as the airport ramps up capacity. Economy & Public Services: The health minister said CUHK Medical Centre would not be penalised if it repays a public loan early, rejecting lawmakers’ criticism that the hospital sought extensions then looked for cheaper interest. International Context: The US expanded sanctions on Iran’s “shadow oil economy” even as markets rallied on hopes of a US-Iran ceasefire extension.
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