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CE National Party report to Beijing: discussion with Ronny Tong & Nathan Law, Kwun Tong Town Cen

2019-03-02

CE National Party report to Beijing: discussion with Ronny Tong & Nathan Law, Kwun Tong Town Cen

2019-03-02
On Wednesday, Financial Secretary Paul Chan unveiled the government’s 2019 Budget, and it’s fair to say many are less than impressed. According to a University of Hong Kong survey the level of satisfaction with this Budget is the lowest since similar surveys began in 2008. Both pro-government and pan democratic legislators have expressed their disapproval. The Financial Secretary will be on The Pulse’s Budget special next week to explain more.

Last September, the Security Bureau outlawed the political group, the National Party. In January, the group’s co-founder, Andy Chan presented his case to the Executive Council. The result of the appeal has yet to be handed down. Yet this Tuesday the Chief Executive Carrie Lam said the central government has already sent her a letter asking her to submit a report on the incident. With us to talk about that are Executive Councillor Ronny Tong and Nathan Law, Standing Committee Member of Demosistō.

Kwun Tong was once an industrial and manufacturing centre. Today it’s undergoing a transformation. The government has made the area part of its Smart City pilot scheme and wants it to be a new Central Business District. New commercial and office spaces have sprung up, along with hotels and luxury properties. According to news reports, even the Liaison Office has got in on the act, sweeping up 20 apartment units worth HK$247.53 million in an Urban Renewal Authority and Sino Land residential development and saving as much as HK$74.3 million on stamp duties. The office’s real estate portfolio now includes more than 280 residential properties.
But what’s happening to the old neighbourhood and its tenants?

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