One of Thailand’s richest men has joined a growing group of wealthy investors calling for the end of violent protests in Hong Kong.
Chearavanont is no stranger to Hong Kong; one of his biggest holdings is a stake in Ping An Insurance, one of China’s top insurers, and investment group CITIC. The C.P. Pokphand investment company, which owns animals feeds businesses in China and Vietnam, has been listed on the Hong Kong Stock Exchange since 1988The Thai tycoon is the latest of a string of billionaire to publicly weigh in on the protests. Earlier this month,to appeal for an end to the violence.
Local businesses and international investors with interests in Hong Kong have been put in a tough position by the protests which were initially triggered by a now-shelved move by the city's government to create an extradition treaty with mainland China but have broadened into calls for free elections, police reform, and protection of existing civil liberties in the semi-autonomous city.
The CEO of Hong Kong's flag carrier, Cathay Pacific, suddenly resigned earlier this month after China's aviation regulator criticised the airline's safety policy. The criticism was linked with the involvement of Cathay pilots and crew in the protests and has led to the airline
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