Hong Kong 5-year plan preview: Beijing trust deficit drives national security focus

SCMP previews Hong Kong's upcoming five-year plan and policy address, highlighting Beijing's 'trust issue' with the city and the need to align finance and tech with national security. The sentencing of Tiananmen vigil leaders marks a key subversion case, signaling continued tightening. The plan will likely prioritize loyalty and security over liberalization, affecting Hong Kong's global financial role.