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HK tycoons lose in election revamp - Taipei Times

HK tycoons lose in election revamp Bloomberg When Beijing regained control of Hong Kong more than two decades ago, the Chinese Communist Party entrusted the territory’s wealthiest tycoons with enormous influence over local politics. This week, Chinese President Xi Jinping (習近平) took his most dramatic step yet to grab some of that power back. Xi’s sweeping overhaul of Hong Kong’s electoral system aimed at neutralizing pro-democracy voices will curtail the clout of billionaires such as Li Ka-shing (李嘉誠) and Lee Shau-kee (李兆基), who used to wield effective control over one-quarter of the seats on the 1,200-member Election Committee that decides Hong Kong’s chief executive.

Hong Kong Tycoons Emerge as Losers From Xi s Election Revamp

Hong Kong Tycoons Emerge as Losers From Xi s Election Revamp
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Global Economy Girds for Latest Supply Jolt in Suez Mess – gCaptain

Global Economy Girds for Latest Supply Jolt in Suez Mess – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

FTSE 100 little changed; US markets to open lower

FTSE 100 little changed; US markets to open lower
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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