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China-born, Pro-Beijing financiers launch new Bauhinia Party in Hong Kong in a bid to "reform" the Opposition-less Legislature

After the disqualification and the mass resignation of the democrats in Hong Kong, the pro-Beijing Camp is expected to further monopolize the Legislative Council's chairs.

Li Shan, a China-born member of the National Committee of the Chinese People's Political Consultative Conference and the director of the Credit Suisse Group, together with the chairman of China Broadcasting Holdings, Huang Qiuzhi, and the others, launched a new political party "Bauhinia Party" in Hong Kong in May 2020.

The party plans to recruit 250,000 party members with the goal of supporting "one country, two systems" and "a high degree of autonomy", and improving the relationship between Beijing and the SAR government.

The founder Li Shan showed strong support to the implementation of the National Security Law in Hong Kong, and even demanded another transitional system to prosecute and review cases involving breaches of #NationalSecurityLaw, and to complete the legislation of #Article23 of the Basic Law in the future.

He claimed that the newly established political party is a "determined defender" of the principle of "one country, two systems".

Source: Stand News #Dec7
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