New pro-Beijing political party signals China's future plans for HK

Charles Wong said that the party's purpose was to support people to stand for the position of chief executive.- Bloomberg

HONG KONG (Bloomberg): As China moves to neutralise Hong Kong's pro-democracy opposition, it is also giving the green light to a new political party that provides a window into how Beijing may change the territory in the years ahead.

The Bauhinia Party, named after the flower on Hong Kong's flag, was founded last May by Western-educated businessmen who were born in the mainland and have links to the Communist Party.