Hong Kong's richest man Li Ka-shing will donate HK$1 billion ($128 million)...
FILE PHOTO: Hong Kong tycoon Li Ka-shing, chairman of CK Hutchison Holdings, meets journalists as he formally retires after the company's Annual General Meeting in Hong Kong, China May 10, 2018. REUTERS/Bobby Yip/File Photo
Hong Kong tycoons and property developers have come under pressure from Beijing for not doing enough to alleviate housing problems in the Chinese-ruled city. Li has said that he deeply regrets that his comments made regarding the protests were misrepresented and reiterated that any actions that violate the rule of law cannot be tolerated.
The move comes as Hong Kong’s government is expected to discuss sweeping emergency laws on Friday that would include banning face masks at protests, two sources told Reuters. Media reported the government was expected to announce the ban effective from midnight.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'There is no return to what Hong Kong was,' strategist says of protestsAfter an 18-year-old Hong Kong protester was shot by a live bullet, Hong Kong has reached a point of “no return,” one strategist says.
Read more »
As protests rack Hong Kong, China watchdog has Cathay staff 'walking on eggshells'Staff at Cathay Pacific Airways , Hong Kong's flagship airline, ar...
Read more »
Hong Kong court to hear assault case against teen student shot by policeHong Kong anti-government demonstrators clashed with police, venting their anger over a policeman’s shooting and wounding of a teenager earlier in the week
Read more »
Goldman Sachs says $4 billion flowed out of Hong Kong to Singapore because of the protestsProtests in Hong Kong have raged for months now, and it's causing investors to move their money out of the city.
Read more »
Hong Kong police get more powers, masks to be banned in bid to end crisis: mediaHong Kong is set to enact an emergency law to ban face masks at rallies in a bid to curb violence, media reported
Read more »