Riot police disperse protesters in Admiralty. Photo: K.Y. Cheng

Is developer’s decision to walk away from HK$11.1 billion land deal first sign of waning business confidence in Hong Kong over extradition bill saga?

  • Company cited ‘social contradiction and economic instability’ for its move, which cost HK$25 million in lost deposit money
  • Independent director Abraham Razack, who spearheaded decision, said recent social disharmony in Hong Kong and US-China trade war were among issues that worried him
Topic |   Hong Kong extradition law

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Riot police disperse protesters in Admiralty. Photo: K.Y. Cheng
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