Cheah Cheng Hye
Hong Kong needs radical social and economic reform. Let’s start with breaking up the property cartel
- Even if Carrie Lam were to quit as chief executive, the anger that led to the mass protests would not die down as long as the local economy is run by cartels, especially in the housing sector. Shock therapy is urgently needed
Cheah Cheng Hye is the co-chairman, co-chief investment officer and co-founder of Value Partners Group, a Hong Kong-listed fund management company. He is also an independent non-executive director of Hong Kong Exchanges and Clearing Ltd. He was previously a financial journalist, working in such publications as Far Eastern Economic Review and The Asian Wall Street Journal.