Chim Pui-chung reclaims seat with a resounding win 'Golden banker' Chim Pui-chung has reclaimed the seat he lost in 1998 when he was jailed for plotting to forge share documents. Mr Chim returned to the legislature after winning 275 of the 532 cast by stockbrokers, futures traders and gold dealers in the financial services constituency. The turnout was about 85 per cent. 'The result showed my past conviction had no negative effect on my campaign,' Mr Chim said. He thanked his voters and his rivals as well those who did not vote for him. 'There are some voters who did not vote for me, and that will force me to do a better job in the next four years.' Mr Chim said he would take 'reasonable steps' to defend China's interests and the interests of small brokers who are facing tough competition from banks and large brokerages. 'I want the Hong Kong brokerage industry to be like the English Premier League [with] large, medium and small operators,' he said. The veteran stockbroker became known to fellow brokers and investors as the 'golden banker' or 'company doctor' in the 1980s when he invested in troubled companies and turned them around. He won elections for the financial services seat in 1991, 1995 and 1998. But, months after the 1998 election, he was jailed for three years, later reduced to a year, for conspiracy to forge share documents, and had to forfeit the seat. Mr Chim has compared himself with South African statesman Nelson Mandela, who spent 27 years in jail before being freed and elected president. Election rules allow a convict to stand for election five years after release. Mr Chim soundly defeated his rivals. Christopher Cheung Wah-fung took 92 votes, incumbent Henry Wu King-cheong 87 and the Liberal Party's Fung Ka-pun 61. Back marker Fung Chi-kin took only 17 votes. A local broker who supported Mr Chim said the candidate's outspoken style had helped him win. 'Most small brokers are having a tough time and wanted someone to fight for their rights with the Securities and Futures Commission,' the broker said. Mr Wu said he accepted the result and would continue to handle brokers' complaints in the remaining two weeks of his term. Fung Ka-pun said he did not mind losing. 'I have learned a lot from the election and would like to continue my political life. 'I will work in the Liberal Party as its spokesman for economic and financial affairs,' he said. Mr Cheung said he might not stand for election again and would seek other ways to serve brokers' interests. Fung Chi-kin said that he had expected the result and would be finding other ways to help the public.