Hong Kong tycoon Li Ka-shing, chairman of CK Hutchison Holdings, meets journalists as he formally retires after the firm’s Annual General Conference in Hong Kong, China May possibly 10, 2018. REUTERS/Bobby Yip
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HONG KONG, April 20 (Reuters) – Hong Kong’s sole management prospect John Lee has picked almost 150 heavyweights, which includes the city’s richest gentleman Li Ka-shing and other potent businessmen and politicians, to be a part of his advisory groups to demonstrate wide guidance for his bid.
Lee, the previous No.2 formal of the Asian economical hub, is set to swap Chief Govt Carrie Lam on July 1 with backing from Beijing.
“The members have wealthy working experience and contribution to the modern society…they will be handy to the platform drafting and other operate in the potential,” Lee’s marketing campaign place of work director Tam Yiu-chung told reporters on Wednesday.
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Lee is anticipated to announce his system afterwards this thirty day period, media studies stated, ahead of the election on Might 8.
Considering the fact that Hong Kong returned from British to Chinese rule in 1997, there have been four main executives, all of whom have struggled to balance the democratic aspirations of some citizens with the vision of China’s Communist leaders.
All of the city’s leaders have been backed by Beijing and preferred by an “election committee” stacked with Beijing loyalists.
Amid Lee’s 58-member campaign advisory team are the city’s biggest property tycoons, such as CK Asset’s (1113.HK) Li Ka-shing, Henderson Land Development’s (0012.HK) Lee Shau Kee, Sunshine Hung Kai Properties’ (0016.HK) Raymond Kwok and New Planet Development’s (0017.HK) Henry Cheng.
Other advisers contain previous Earth Health and fitness Group director typical Margaret Chan, chairman of electrical power company CLP Holdings (0002.HK) Michael Kadoorie, and casino magnate Lui Che-woo.
Aside from the advisory workforce that serves a honorary position, there is also a 90-member presidium that Lee is consulting to draft his system.
The presidium features previous Hong Kong chief secretary and a standing committee member of China’s best advisory overall body the Chinese People’s Political Consultative Meeting, Henry Tang, organization magnate Allan Zeman, previous director of Public Prosecutions Grenville Cross, former chief executive of Hong Kong Exchanges and Clearing (HKEX) (0388.HK) Charles Li, as well as movie star Jackie Chan.
Lee has secured 786 nominations from the 1,500 members of the election committee in demand of deciding upon Hong Kong’s new chief, higher than the 188 nominations essential to run.
A former vocation police officer, Lee is broadly expected to prioritise protection issues if he will get the best career, having formerly urged new legislation to fully carry out a sweeping countrywide stability legislation Beijing imposed on the metropolis in 2020.
Lee reported he will be the conductor to “a new symphony” early this month when he declared his candidacy. He reported loyalty to China’s central govt was a priority for any chief executive and element of his platform will include accelerating plans to resolve the city’s serious housing shortage. study extra
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Reporting by Clare Jim Editing by Kim Coghill
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