Billionaire Kadoorie Warns On 'Desperation' and 'Despair' Of Hong Kong Youth In Plea To End Violence [Forbes]
CLP HOLDINGS LTD S/ADR (CLPHY)
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Source: Forbes
Billionaire Kadoorie Warns On 'Desperation' and 'Despair' Of Hong Kong Youth In Plea To End Violence The billionaire chairman of Hong Kong’s biggest electricity producer has used full-page adverts in the two newspapers to argue that “young people are Hong Kong's future... we cannot leave them in desperation or despair.” Michael Kadoorie In full-page statements published in the South China Morning Post and Hong Kong Economic Times, the tycoon writes, “The Kadoories first arrived in Hong Kong 140 years ago and this city gave us the opportunity to prosper… My late father often spoke about the uniqueness of Hong Kong. 'This area of the world', he once said, 'is going to develop as a neutral point of contact between two different ideologies and two different systems of government'...It is disheartening to see what has overtaken the city recently.” Michael Kadoorie is the scion of a family of Iraqi Jews who settled in Asia over a century ago. His CLP Holdings serves 80% of Hong Kong's popu
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