"Hong Kong's Richest Tycoon Li Ka-shing Publicly Supports Hong Kong National Security Law"

Hong Kong riot police warned citizens gathered in the Central district to disperse on the 27th. Hundreds of protesters in the Central district shouted slogans around noon before being dispersed by the police. (Photo by Yonhap News)

[Asia Economy Reporter Moon Jiwon] Amid the conflict between the United States and China over the enactment of the Hong Kong National Security Law (Hong Kong Security Law), Hong Kong's richest tycoon Li Ka-shing, former chairman of Cheung Kong Group, publicly expressed support for the Hong Kong Security Law.

On the 27th, Li held an interview with the pro-China Hong Kong media Wen Wei Po, stating, "Every country has the authority to legislate national security laws," and added, "There is no need to over-interpret the Hong Kong Security Law."

He further argued, "If the Hong Kong Security Law is enacted, it can alleviate the concerns of the Chinese central government regarding Hong Kong," and "It will also have a positive effect on Hong Kong's long-term stability and development."

Li's public support for the Hong Kong Security Law is interpreted as an intention to prevent Hong Kong society from falling into chaos once again.

Li's eldest son, Li Zeju, also expressed a positive stance the day before, saying, "Currently, Hong Kong is experiencing political turmoil and the business environment is facing difficulties," and "I hope that through the Hong Kong Security Law, Hong Kong's chaotic situation and socio-economic activities will be normalized quickly."

In addition to the Li family, Chinese real estate tycoons such as Guo Binglian, chairman of Sun Hung Kai Group, Zheng Zhaochun, chairman of Xinjie Group, and Li Jiaze, chairman of Hengji Real Estate, are also reported to have expressed support for the Hong Kong Security Law.

This content was produced with the assistance of AI translation services.