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Li Ka-shing gives backing to Tsang

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Tycoon breaks silence on election to hail acting chief's leadership qualities

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Hong Kong's richest man, Li Ka-shing, yesterday gave a glowing endorsement of Donald Tsang Yam-kuen, saying the acting chief executive had all the right qualities for the top job, including 'noble character'.

The strong backing came as two major political parties said they were considering a joint ticket to challenge the likely bid of Mr Tsang in the July 10 chief executive election.

Openly backing Mr Tsang for the first time yesterday, Mr Li said the acting chief had the qualities required to lead Hong Kong.

'The most important quality a chief executive candidate should have is a noble character. The second is of course the capability to govern,' the chairman of Cheung Kong (Holdings) said.

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'Thirdly, the person should be impartial and selfless, and work for Hong Kong's prosperity and stability with all his effort. Not only should he improve Hong Kong's situation, he should make Hong Kong's long-term future better than today.

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