Singapore is rubbing their hands

It will become just another Chinese city. People with the means will probably leave and take their money with them. Singapore and Taiwan will benefit from the exodus.

Coming from an HK born resident...Carrey Lam ruined hk. Her incompetency is why this law was enacted in the first place. Won’t even stand up for her own people. There is going to be a major exodus from Hk to abroad again and it will all be her fault. I’m ashamed she’s my chief executive.

Chris Patton was appointed to govern HK He was never elected What is he talking about The superiority of the British is long gone

There is exactly 27 years till it expires.

Can Singapore's rental prices be even higher? We are about to find out folks!

Actually I feel sad for the young ones in HK for they have no resources to leave HK unlike those business men and wealthy Hongkongers who can immigrate anytime.

This is a nice information about your stock broker Mr Elson, does he still respond to newbie who are willing to invest How can i reach out to him?

Let me give you my honest thought. Disclaimer, I have lived in Hong Kong, Singapore, Canada and the US, pretty much evenly. So i think i can give u some reality check. Singapore does not have much freedom politics neither, in fact u can be jailed and fined for anti government protest or defamation to singapore leaders... this is a fact, everybody knows this... But Singapore has always been viewed as stable even under the iron grip of its leaders... Because most people are happy living in Singapore, most day to day issues are not too great generally speaking. And look at how great a country it became today. Canada and US, both have very opposing political parties, preventing each other from progressing, they often disagree to one another. In HongKong, under the british rule before 1997, there was no election or democracy neither, everything was set in stone and managed by the UK. People made noise every so often. Lots of corrupt british leaders flourished in hongkong. So lets be clear, there was no democracy in HK prior to 1997 Fast forward to post 1997, somehow people have the perception that 1 country 2 system equals to hongkong able to manage itself entirely at lower scale level, yes, like many levels of ministries. But military wise, China takes care of it, saving Hongkong billions of dollars each year that would have gone to military otherwise if it were a true self governing city state. HOngkong also has a huge issues of housing crisis. Most low income people cant even get government housing, because government's revenue main source is from selling expensive lands to property tycoon. So there is a HUGE housing shortage. Otherwise, how could HK enjoy "No sales tax" and "Low corporate tax" and "Low personal income tax". But the issue is, poor people couldnt benefit from all these capitalism china brought to HongKong. And many politicians are pro-money, therefore pro-china. And Poor Hong Kong people want leaders to represent them, but to no avail. Hence this whole democracy issue came about. This single issue has led to many other anomosity towards china and almost forgot why they were fighting for democracy in the first place, that is to fight for a better living condition in hongkong, having your own dwelling place. So lots of protests came about. Eventually many smaller groups of protestors became violent rioters, damaging businesses, stopping people from accessing to town and road, hurting anyone that does not agree with their idealogy, u can call them HongKong's nationalists. After seeing so much videos of how they hurt innocent bystanders just because they dont agree with them, one even burn a guy live on tv with gasoline and fire, burning him alive. WTH?? Of course the police is also fed up with their behaviour, imagine mitigating with rioters for so many weeks and months, are u gonna be treating them nicely? Its understandable that the some individuals policemen overused their force, they r afterall human being. When a rioter attempt to steal the gun from a police, police will fight back. I tried very hard to understand the sentiment from both side. They couldnt agree to each other, ever. China had to step in, to end all these protests, because HK just wouldnt dare to do so unless China says yes. I can tell u this, if u r not into politics in hongkong, u will be as safe as in singapore, common discussion on dining table in public setting is absolutely fine, singapore allows u to do so too. But when u try to organize riots and democracy and independence, u will get into trouble, same like in singapore. What China and HK should do for its people, is to build more affordable housing, and control over-capitalism, poor people are suffering in hk. If you can make its poor and working class somehow satisfied, the city will be fine, everybody happy. I kept using Singapore as example, because it is simply one of the most stable city in the world. Leaders with iron fists, no true democracy, yet capitalism and socialism can coexist. By the way, lots of HK youths kept undermining people from singapore, kept calling them silent dogs... So think about this, for hongkong, do u wanna see riots everyday as businesses? Most businesses such as banks, they couldnt care less about politics, just give them money and business. So, to foreigners in HK, u r 100% safe!! And to China and HK leaders, understand the living condition many poor people are living in hongkong, help them get their own home if u wanna make them love china more ANd at last, to most hk people, i think u have been waiting for china to step in, and here u go...

As a UK citizen I am really passionate about us offering HK residents passports. I can't think of anything worse than living in a democracy only for that to be taken away...

I stand with Hong Kong and fully against the CCP.

"Some experts caution it could also hurt China". Isn't this the main reason countries are retaliating, to hurt China? Seems like a no brainer to me.

The UK and USA MUST allow Hong Kong residents to become citizens... the west has failed HK citizens

Free Edward Snowden!

Bring Hong Kongers to the US and swap them for those who want socialism and communism from the US.

SINGAPORE is now Asia’s new financial hub

The thing that would scare me most is if I lived in HK , expressed my freedom of speech against China , and now could potentially disappear forever for speaking out . These people definitely need refugee status

Don't use double standards, the "Internal Security Act" allows Singapore Government to detain a person or persons without trial for indefinite time. It is much worse than the new Hong Kong Security Law as it has been used to suppress opposition to Government in the past. Why nobody is mentioning this?

The US exports to Hong Kong 3 times more than it imports. Any of the US actions will only jeopardize its huge surplus and hurt the US companies operating there.

Joshua Wong are USA n cia stooge

The Chinese Communist Party single handedly forced the National Security Law, bypassing the HK Legislative Council and completely ignoring the HK citizen's opinions. The freedom to oppose the regime and to protest is obliterated. This is a clear breach of the Sino-British Joint Declaration. Hong Kong's proud "One Country, Two Systems" is officially dead on 1 July 2020 and Hong Kong shall become an ordinary Chinese city.

People are always blind to realise that there was no any rights for HKers during the colonial time kneeing under their English masters, now the British are weeping for them not having enough rights? Absurdity at its core.

National Security Legislation IN ANY COUNTRY is a threat to the people of that Country and their Freedoms. It is this way in US, UK and Australia

Hongkong is going to be ghost town

The president of China really needs an ID badge?? 😂😂😂

i mean if the US was smart we would start a brain drain right now.

After the Hong Kong handover to China in 1997, most experts predicted that Dubai would replace Hong Kong as the premiere financial center in Asia. It never happened.

Western companies must have an exit strategy from China for their employees and facilities/technologies.

Taiwan, Canada, USA, Australia, New Zealand, and the UK will benefit from the workforce too.

Russian took Crimea. China will take Hongkong. Have no doubts about it

Freedom comes with responsibility. Any 1 country 2 systems ideals were never meant to descend into 2 systems 2 countries. So please wise up. Media should do a good job portraying the real difficulties on the ground and not just aping some Western politicians.

Meanwhile Singapore be like: We want 💰

It cannot remain the asia financial hub. There will be a major shift towards Singapore

When looting starts, shooting starts... quote from the leader of the free world.

Thank you Hong Kongers for fighting communist totalitarians so fearlessly.

Hong Kongers overplayed their hand of rioting by forgetting one thing, Hong Kong was still inside China.

Joshua Wong has a face that only his mother could love, or that only American propaganda could make lovable. Well done!

Hong Kong became the New West Berlin. People who love democracy and freedom please stand with Hongkongers.

Big business needs to prepare to leave HK now if the US removes the synergy between the US dollar and the Hong Kong dollar!

If Hong Kong is an Asian financial hub, what should Beijing, Shenzhen, Shanghai, Tokyo, Singapore, Mumbai, Seoul be?

I expected to see something else when I clicked on the Winnie the Pooh thumbnail.

UK is the one to blame....they should not colonial HK in the 1st place UK left all the mess and now all the fault is in China

Feel helpless seeing the situation of the brave 23 year old and the rest of Hong-Cong citizen.

Freedom for Hong Kong. Not rioters; only tyranny (from Beijing)

Singapore : *rubs in looming further housing prices*

Singapore and Taiwan will benefit largely from this.

Most Western Countries, including the USA and UK, have similar laws. In fact, the UK has not bill of rights such as the USA. So frankly, there seems too be a double-standard oat work here on the part of media. Suggest you ask Edward Snowden about US Sedition laws.

I hate to say this, because I feel for the Hong Kong people who want democracy, but as a realist, I think Hong Kong is going to be fine. Hong Kong as a financial center for Western firms may non longer be viable, but they will simply move all operations to their pre-existing operations in Singapore and Chinese state financial firms staffed mostly by mainland Chinese will take their place. Hong Kong people will be viewed with extreme skepticism and suspicion. If I were a Hong Kong citizen, I would move immediately out of the country to the UK.

Make Taipei, Taiwan a new Asian financial hub

Hong Kong is finished. Welcome to Xiang Gang

China's national security laws are, by some estimates, more lax than those imposed upon U.S. citizens and non-citizens alike. The U.S. is known to subject suspected terrorists (not otherwise convicted in a court of law) to torture and has made use of the death sentence for acts of treason. Right now the founder of WikiLeaks, Julian Assange, is imprisoned by British authorities on a U.S. extradition request, and is facing numerous charges for exposing U.S. secrets and war crimes. Hong Kong has served as a money laundering and narco-trafficking hub as well as a tax haven for a century under British colonial rule. For 97 of the 99 year "lease", democracy had been forbidden to Hong Kong citizens, just as democratic participation in U.S. federal elections is currently forbidden to citizens of U.S. territories such as Puerto Rico. U.S. citizens lost many civil liberties with the passage of the Patriot Act and a variety of liberty-depriving provisos authorized through the National Defense Authorization Act. Under a perpetual state of war, the Chief Executive is accorded the tyrannical authority to rule by Executive Order circumventing Congress and the Constitution. Every U.S. president has exercised this authority since I don't know when. *Context is important* .

I wonder what would happen if the International community just isolated china

Hong Kong citizens: fly the American flag American citizens: burn the American flag 🤦🏻‍♂️

Business Should move to (Sorry Should have said Australia) Singapore Taiwan etc. I was there in 2001, Really heart breaking.

US anti racism movement should be more important news. Mind your own business, the champion.

China uses national security as a reason to do whatever they want is no different from the US stating any reason towards national security. As long as it is a gain at whatever cost.

I hope this is a lesson for Taiwan, stay independent!

May Hong Kong 'Rest In Peace' 😔

"That is Hong Kong's unshakable destiny." Not when globalists and communists conspire!

I'm wishing my gamer buddies in Hong Kong are safe with their family and friends, lost contact with them since the beginning of protest. Also, I'm saddened to see some Singaporeans are gleefully benefiting from Hong King's suffering and chaos...

We also have this law in Malaysia. Internal Security Act is a law to present any domestic violence and the government deserve to act to protect the state security. Don't be hyperbolic.

Much respect to everybody on the streets of HK fighting for democracy and freedom. True heroes!

If protests were actually peaceful then it wouldn't come to this, just like how if we acted quickly for covid not so many Americans would have to lose their loved ones.

i dont like where this is going...i dont like this at all!

China has broken the 1984 Sino-British treaty unilaterally. Britain has every right to retake Hong Kong or Hong Kong has every right to become its own soverign nation. Hong Kong should join Australia/Canada/New zealand as the Commonwealth.

Exactly, "First Hong Kong next Taiwan then the rest of the world..."

It is China that’s matters, no market no hub,

Why US dont report about the pro China protest in Hong Kong and that more than 50% are pro China? The economy of Hong Kong has suffered due to the on going protests, violation and vandalism that has to be end by a stronger force. Its like black lives matter. Demonstrating for black lives is ok but is destroying stores acceptable?

Singapore can easily take up the mantle of "Asia's financial hub".

To show the tyrannic nature of CCP, Article 38 of the Nation Security Law covers offences by non-permanent residents of Hong Kong outside the city. Meaning any foreign citizen speaking out against them even while on foreign soil, or while on a vessel or aircraft registered in Hong Kong, can be prosecuted.

What Hong Kong lacks is law and order. Look at how those mobs got away with arson and looting and the police could do nothing but watch.

Recommended to arrest those who against the NSL .THIS IS HK BELONGS TO CHINA.

Delist all chinese compaines and ccp affliated companies on the US stock exchange .........

Move all businesses to Taiwan!

I only see HK stock market keep going up and up after the security law passed. If anything, it safeguard the economic prosperity of HK and boost investors' confidence.

US should give citizenship to Hong Kong people who want to leave Hong Kong....they will enjoy democracy here in US.

Hope that more people could survive this tragedy. Please keep yourself safe. 🇭🇰

08:35 _"China constantly uses national security as a reason for saying, "I don't have to abide by any rules...I can arrest you without any need for explanation""_ _"The US constantly uses national security as a reason for saying, "I don't have to abide by any rules...I can arrest you without any need for explanation""_

“The first is Hong Kong, the next is Taiwan, and later on is the rest of the world” - Joshua Wong - sadly, you’re on the money... Mongolia third, Vietnam fourth.... 5 eyes stand tall.

Look out Xi, over there it is a cartoon bear coming for you, it's Winnie the Pooh!

My heart feel heavy for Hong Kong

UK should have never given HK up to China, they should have helped HK become an independent and sovereign state.

This question should have been asked about a year before the passing of the new security law. This new law answers the question positively. The HK stock market has responded favorably to this new security law, as it leads to stability and restoration of freedom for the vast majority of Hong Kong people. In the past year, the freedom of the vast majority was away by amoral and cruel rioting thugs, who burnt dissenters and hit them in the head with bricks. Over three million have signed in support of this new law. The Western media are reluctant to learn about and report the truth in Hong Kong. This is an appalling betrayal of the profession of journalism.

I'm from the mainland. Trust me. They won't let go of Hong Kong even if they have to destroy the whole world for it.

Sure, go to Singapore. They have a stellar human rights there!!!

“pEaCeFuL pRoTeSt!” How well did it work in Hong Kong? Tiananmen Square in 1989?

They don’t need to be a financial hub. They will be part of the greater Bay Area for economic zone. More diversify and opportunities for the people. I live in Hong Kong, life is still good

Every country has national security law why Hong Kong, part of China, can not has its national security law? We the people in Hong Kong strongly believe that the passing of national security law will help install the stability and future prosperity in Hong Kong. Hong Kong is much more peaceful now than last 12 months. This is the fact!!! Please let Hong Kong people live and not use your double standard views to look at Hong Kong!!! Please let Hong Kong people breath!!! We need the normal life we don’t need the riots.

to all the citizens of the free world, we should not fall for Chinese propaganda and help hongkong

CCP #VPN trolls on every page about HK 😂😂

All their own (US, UK & Europe) have their Security laws why can't HK have that too? Baffles me why can't we be civilized?

HK will continue to thrive as a global financial hub, HK will continue to win.

I don't know why I'm smiling maybe because that Joshua Wong is about to be jailed for a lifetime. I hate the attitude of that guy.

"So it's not all bad news for Hong Kong, at least in the short term." I beg to differ. A reduction in basic freedoms IS all bad for Hong Kong, no matter what they're getting in return.

If anyone thinks this is a good thing your in the wrong.

This was very thorough. Thank you!

Hongkong I am so sorry to see you suffer.I am American ,I love Hong Kong. I wish I was young because in my heart I wanted to go and protest by your side.I PRAY FOR FOR YOUR RIGHTS.

Why is CNBC so worried about this? China is not worried about Guam.

HK real estate value is over priced anyway! It’s only worth about 10% of the going rate! Tea estate prices will go down drastically! Hong Kong is a part of China and always will be so Hong Kong will be just fine!

I don’t mean to be insensitive but It’s a part of China. Just get over it. People need to accept the fact that the uk had a 99 lease over hk and now it’s over. (+50 years of “ hk way of life”)