Home > HK
Wednesday, October 15, 2014, 22:26

HK tycoon calls for protests to end after tension over

By Agencies
 HK tycoon calls for protests to end after tension over

Businessman Li Ka Shing addresses addresses the audience after the opening of the Li Ka Shing Centre for Health Information and Discovery at Oxford University on May 3, 2013 in Oxford, England. (AFP PHOTO/POOL/OLI SCARFF)

HONG KONG - Hong Kong's most prominent tycoon, Li Ka-shing, on Wednesday urged protesters who have occupied parts of the city since late last month to go home, after police mounted their toughest action against the democracy activists in more than a week.

Police arrested about 45 protesters in the early hours of Wednesday, using pepper spray against those who resisted, as they cleared a main road in the SAR that protesters had illegally blocked with concrete slabs.

Li, Asia's richest man and chairman of property developer Cheung Kong (Holdings) Ltd, had made no public comment on the protests but broke his silence to say if Hong Kong's rule of law broke down it would be the city's "greatest sorrow".

"Since the handover, the 'One Country, Two Systems' formula has protected Hong Kong's lifestyle," Li said, referring to the formula under which the city has been run since its return from British to Chinese rule in 1997.

"I urge everyone not to be agitated. I urge everyone not to let today's passion become the regret for tomorrow. I earnestly request everyone to return to their families," Li said in his first public comments on the protests.

The situation was calm through the rest of Wednesday.

Latest News