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A flag of Hong Kong Exchanges and Clearing Limited (HKEx) flying at Exchange Square. Photo: SCMP

Reminiscing about Hong Kong’s market changes since the city’s return to Chinese sovereignty had never been Money Matter’s plan, until the arrival of two emails, one from a reader and another from a regulator.

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Both are responding to an early piece on the change of the Articles of Association by dozens of Chinese state-owned enterprises listed in Hong Kong to make the Communist Party Committee their key governing body.

The column questioned why Hong Kong’s market watchdog agencies have not asked the party committee members to sign an undertaking with their fellow directors to comply with our rules and laws, despite their powerful positions and access to insider information.

A reader wrote: “She [Money Matters] will be abducted and disappear in mystery.” Two others called the columnist “brave.”

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It’s disturbing not because it concerned the columnist’s personal safety. It’s disturbing because it speaks of the deafening fear among members of the public, even those in the financial community, in challenging Beijing-related issues.

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