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Hong Kong to prosecute Australian-Chinese dual citizen under National Security Law

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An Australian-Chinese dual citizen is being prosecuted under the controversial National Security Law in Hong Kong

Australia’s Department of Foreign Affairs and Trade has confirmed that an Australian-Chinese dual citizen has been arrested in Hong Kong and is facing prosecution under the nation’s National Security Law.

The man who has not been identified by name was arrested in January last year under the sweeping legislation.

The man could face life imprisonment if convicted

His arrest comes amid high tensions between Australia and China.

The man was arrested in the same month authorities detained 47 pro-democracy activists in Hong Kong under the draconian legislation.”

Hong Kong’s tough stance on Dual Citizenship

The Australian government said on Tuesday that it had been constantly refused to offer consular access to the man, because the Hong Kong government no longer recognises dual citizenship.

But Australian officials plan to attend the man’s future court hearings, with a spokesperson from the Department of Foreign Affairs and Trade saying “We are in regular contact with the individual’s lawyers and will continue to attend future court hearings”

The National Security Law is aimed at clamping down on political opposition to the Chinese Communist Party in the territory.It dramatically broadened Beijing’s powers to investigate, prosecute and punish suspected criminals in Hong Kong.

The law criminalised secession, subversion, terrorism, and collusion with foreign powers.

Those who are found guilty and are convicted of such crimes face sentences up to life in prison.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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