About 35 Percent of Companies in Hong Kong Considering Relocating Due to Beijing’s Security Law: Survey

About 35 Percent of Companies in Hong Kong Considering Relocating Due to Beijing’s Security Law: Survey
Protesters hold up blank papers during a demonstration in a mall in Hong Kong on July 6, 2020. Isaac Lawrence/AFP via Getty Images
Frank Fang
Frank Fang
journalist
|Updated:
More companies are now considering moving out of Hong Kong compared to a month ago, because of the national security law implemented by the regime in Beijing, according to a business survey released on July 13.
The law, which Beijing formally enacted with ceremonial votes on June 30, criminalizes individuals for any acts of subversion, secession, terrorism, and collusion with foreign forces against the Chinese Communist Party (CCP), with maximum penalties of life imprisonment.
Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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