Financial Secretary Paul Chan on Saturday said Hong Kong’s new homegrown national security legislation will make the city a better place to do business, and dismissed suggestions that foreign companies are worried about the new laws.
The Safeguarding National Security Ordinance formally took effect as it was gazetted on Saturday – four days after it was unanimously approved by the Legislative Council.
Speaking on a radio programme, Chan said he believes that the finance and business sectors are deeply aware of the need for a safe and stable environment to do business, following the social turmoil in 2019.
The finance chief said the…