【Five pro-China Legislators automatically elected as new HKU Court members 】
Since the pan-democracy camp boycotted the House Committee, only pro-China legislators were elected as HKU Court members. Abraham Shek (Business and Professionals Alliance), Horace Cheung (DAB), and Regina Ip (New People’s Party) were re-elected, while Vincent Cheng (DAB) and Jimmy Ng (BPA) were elected as new members. Previous members Claudia Mo (HK First) and Ip Kin-yuen (HK Professional Teachers’ Union) were not nominated.
【Five pro-China Legislators automatically elected as new HKU Court members 】
Since the pan-democracy camp boycotted the House Committee, only pro-China legislators were elected as HKU Court members. Abraham Shek (Business and Professionals Alliance), Horace Cheung (DAB), and Regina Ip (New People’s Party) were re-elected, while Vincent Cheng (DAB) and Jimmy Ng (BPA) were elected as new members. Previous members Claudia Mo (HK First) and Ip Kin-yuen (HK Professional Teachers’ Union) were not nominated.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
