Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > China has told Hong Kong's last major opposition party to disband, members say
    Headlines

    China has told Hong Kong's last major opposition party to disband, members say

    China has told Hong Kong's last major opposition party to disband, members say

    Published by Global Banking and Finance Review

    Posted on April 11, 2025

    Featured image for article about Headlines

    By James Pomfret, Jessie Pang and Greg Torode

    HONG KONG (Reuters) -Five senior members of Hong Kong's Democratic Party, the city's biggest and last remaining major opposition party, say that Chinese officials or middlemen have warned the party to disband or face serious consequences, including possible arrests.

    The Democratic Party, which was founded three years before Hong Kong's return from British to Chinese rule in 1997, has been the flagship opposition party in the city, uniting democratic forces to push Beijing on democratic reforms and to uphold freedoms in the financial hub.

    Amid a years-long national security crackdown by China after pro-democracy protests in 2019, the Democratic Party will hold an extraordinary general meeting on April 13 to seek members' views and possibly pave the way for the group's dissolution.

    The group's chairman, Lo Kin-hei, has not given a concrete reason for the likely disbandment, but five senior Democratic Party members told Reuters they had been told in meetings with Chinese officials or individuals linked to Beijing in recent months that the party should close.

    Fred Li, a veteran Democratic Party member and former lawmaker, said a Chinese official had told him this should be done before this December's legislative elections.

    "The meaning is that we should be gone by then," Li told Reuters. "The message was very direct."

    Li declined to identify the individual but said the tone was very different from frequent exchanges he has had with Chinese officials over many years.

    There was no immediate response to a request for comment from the Hong Kong Liaison Office, China's main representative body in Hong Kong.

    The Hong Kong government said in a statement that decisions by individual groups "to disband or suspend operation are completely unrelated to the freedom or rights enshrined in Hong Kong law".

    Four other senior Democratic Party members also said they had been warned in recent months by middlemen linked to Beijing, some of whom said the party would face "serious consequences" if it did not disband. Three declined to be identified given the sensitivity of the matter.

    Yeung Sum, a founding member of the Democratic Party, said Beijing's move in 2021 to overhaul the city's electoral system to allow only people it deemed "patriots" to run for public office had effectively marginalised the party by removing it from mainstream politics.

    The party now holds no seats in Hong Kong's legislature.

    "We just keep a voice of advocacy for the people of Hong Kong on social and political issues, but still we are under pressure," Yeung, who said he had been approached by a middleman, told Reuters.

    Two Asian and two Western diplomats said they were aware of veiled threats to the Democratic Party.

    "For a long time it seemed like Beijing could live with the situation of having the party around as a figment of opposition," said one Western envoy.

    "It seems they are leaving nothing to chance. The message is it is time to close down once and for all," said the diplomat, who was not authorised to speak publicly.

    The envoys said they saw the potential demise of the Democratic Party as further denting Hong Kong's international reputation amid U.S.-China geopolitical tensions.

    China's recent opposition to CK Hutchison's ongoing deal to sell its global port network including those in Panama to a U.S. consortium on national security grounds has also raised questions about the city’s autonomy, they said.

    The Democratic Party has played a pivotal role in Hong Kong's transition from British to Chinese rule, shaping the financial hub's democratic development and civil society.

    Emily Lau, a former Democratic Party chairwoman, said she was saddened by the party's likely dissolution, as she had always believed in engagement rather than confrontation with Beijing, including a 2013 meeting with the deputy head of the Liaison Office, Li Gang.

    "What we want is to see a safe, just and ultimately free Hong Kong," she said. Lau declined to comment on whether she had been approached about disbanding.

    If the party disbands, it would mark the end of nearly 30 years of opposition party politics in Hong Kong.

    At least five party members are currently in jail or held in custody under the national security law.

    China says the security law has brought stability to Hong Kong and rejects claims by some countries such as the United States that it has been used as a tool of repression against the democrats.

    "Hong Kong's international reputation was built on its openness, its freedoms, and its respect for the rule of law," said David Alton, a life peer of Britain's House of Lords and patron of Hong Kong Watch, a rights advocacy group.

    "The disbanding of the Democratic Party is another sign that Hong Kong is now being subjected to the same censorship and repression already familiar in mainland China."

    (Reporting by James Pomfret, Jessie Pang and Greg TorodeEditing by Gerry Doyle and Frances Kerry)

    Related Posts
    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry
    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry
    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'
    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'
    NATO sees positive signs Czech ammunition scheme for Kyiv may continue
    NATO sees positive signs Czech ammunition scheme for Kyiv may continue
    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday
    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday
    Maersk tests Red Sea route as Gaza ceasefire offers hope
    Maersk tests Red Sea route as Gaza ceasefire offers hope
    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK
    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK
    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show
    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show
    French court orders Shein to verify age for adult products, rejects government suspension request
    French court orders Shein to verify age for adult products, rejects government suspension request
    No drop in military aid to Kyiv since US policy shift, NATO official says
    No drop in military aid to Kyiv since US policy shift, NATO official says
    How is Britain's government doing on its housing targets?
    How is Britain's government doing on its housing targets?
    Cricket-England's Barmy Army earns praise for litter-picking
    Cricket-England's Barmy Army earns praise for litter-picking
    Factbox-What are shipping companies' plans for return to Suez Canal?
    Factbox-What are shipping companies' plans for return to Suez Canal?

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostSoccer-Liverpool's Salah signs contract extension to 2027
    Next Headlines PostIran's 'master negotiator' tasked with averting war

    More from Headlines

    Explore more articles in the Headlines category

    Big central banks signal rate-cut cycle is ending

    Big central banks signal rate-cut cycle is ending

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    French government calls for Christmas truce in farmer protests

    French government calls for Christmas truce in farmer protests

    Macron says Europe will need to engage with Putin if US peace talks fail

    Macron says Europe will need to engage with Putin if US peace talks fail

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    Putin says Trump is right to sue BBC over speech edit

    Putin says Trump is right to sue BBC over speech edit

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    Prince Harry and Meghan to revamp Archewell charitable arm

    Prince Harry and Meghan to revamp Archewell charitable arm

    View All Headlines Posts