- CBA.AU Reports Q3 (A$) Cash profit 2.4B v 1.3B y/y.
- CSR.AU Reports FY20 (A$) Adj Net 160.4M v 134.8M y/y; Rev 2.12B v 2.21B y/y.
- CAR.AU Confirms acquisition in Trader interactive for ~$624M; Announces A$600M renounceable entitlement offer at A$17/shr; Guides FY21.
- (AU) Australia debt agency, AOFM, gives 2021-22 bond issuance program: Sees this year Bond issuance ~A$210B (prior A$230B); Treasury bonds at ~A$130B.
- (AU) Australia 2021-22 Federal Budget: FY20/21 budget deficit forecast to A$161B v A$197.7B prior; Raises 2021/2022 GDP growth forecast from 3.5% to 4.25%; Raises 2021/2022 CPI from 1.5% to 1.75% (yesterday after the close).
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Top Hong Kong national security officer under investigation
Hong Kong police say they are investigating a top national security officer after a police raid found him at an unlicensed massage business
ByThe Associated Press
• 2 min read
Catch up on the developing stories making headlines.The Associated Press
HONG KONG Hong Kong police said Wednesday they are investigating a top national security officer after a police raid found him at an unlicensed massage business.
The person under investigation is Frederic Choi, head of the police National Security Department that was set up last year after Beijing decided to impose a new set of laws on Hong Kong against subversion, secession, collusion and terrorism.
May 13, 2021
HONG KONG (AP) Hong Kong police said yesterday that they are investigating a top national security officer after a police raid found him at an unlicensed massage business.
The person under investigation is Frederic Choi, head of the police National Security Department that was set up last year after Beijing decided to impose a new set of laws on Hong Kong against subversion, secession, collusion and terrorism.
Commissioner of Police Chris Tang said Choi has been put on leave during the investigation. Tang provided few details about the raid.
“I think the work of the National Security Department will not be affected by the investigation of an allegation against an individual officer, because we are a team and work as a team,” Tang said at a news conference.
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More than 180,000 civil servants in Hong Kong will be forced to choose between their jobs and being able to speak and act freely outside the office, commentators say.