WH Adviser O'Brien: US is 'deeply troubled' by arrest of Hong Kong media tycoon Jimmy Lai

WH Adviser O'Brien: US is 'deeply troubled' by arrest of Hong Kong media tycoon Jimmy Lai developing story ...  |  11/08/2020 01:25

White House (WH) National Security Adviser O'Brien said in a statement early Tuesday, the US is 'deeply troubled' by the arrest of Hong Kong media tycoon Jimmy Lai.

His comments come after the geopolitical tensions intensified between the US and China after the police in Hong Kong arrested Jimmy Lai, founder of the popular tabloid Apple Daily, on charges of collusion under the national security legislation.

Over the weekend, Trump administration announced sanctions against 11 Hong Kong officials, including the leader Carrie Lam. On Monday, China promptly retaliated by sanctioning 11 American lawmakers, including Senators Marco Rubio and Ted Cruz.

Market reaction

The risk-sentiment remains unperturbed by the above comments, with S&P 500 futures and Asian equities flashing green. AUD/USD jumps 0.21% to fresh daily highs of 0.7165, at the time of writing.

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