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Occupy Central
Hong Kong

Property tycoon Lee Shau-kee lashes out at Occupy Central

Property billionaire attacks democracy protest as he praises C.Y. Leung and rubbishes idea that business and government work hand in glove

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Lee Shau-kee, Chairman and Managing Director of Henderson Land Development Company. Photo: Sam Tsang
Emily Tsang

Property tycoon Lee Shau-kee has weighed in to condemn the Occupy Central movement for being "too radical", and warned it could have a negative impact on the city.

The Henderson Land Development chairman made the remarks in a speech at a meeting with the News Executives' Association yesterday, during which he took the rare step of speaking on a range of subjects, from social issues to personal matters.

Lee said the pan-democrat movement, which aims to mobilise 10,000 people to blockade Central and force the government to commit to universal suffrage, could have significant fallout.

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"Central is the heart of Hong Kong," Lee said. "It should not be paralysed, or else there could be huge consequences. It could have a negative impact on Hong Kong.

"Hong Kong is a very precious place. People who live here should appreciate what they already have. They should comply with the law and behave themselves," he said.

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Lee also advised young people not to take radical action during Occupy Central protests.

The tycoon extended his support to the government by praising chief executive Leung Chun-ying for being "diligent, persistent and hard-working", while dismissing the accusation that there was collusion between the administration and businesspeople.

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