27 Aug 2020 09:33PMHONG KONG: A top Hong Kong media executive said on Thursday that HSBC had frozen his account after he and others from his newspaper were arrested under a new national security law Beijing imposed on the city.
His revelation came a day after US Secretary of State Mike Pompeo blasted the British bank for maintaining accounts of officials Washington has sanctioned for curtailing the freedoms of Hong Kong residents, while freezing the accounts of those seeking freedom. Pompeo was retweeted by Jimmy Lai, the owner of Apple Daily and a fierce critic of Beijing, who was arrested alongside Cheung.Lai aide Mark Simon told the South China Morning Post that HSBC had frozen the media tycoon's personal and credit card accounts, although Next Digital's business accounts remained active.
International banks in Hong Kong are caught in the crossfire between the United States and China as the superpowers clash over the city's future.
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