In a press conference to announce his conglomerate’s mid-term results, Mr Li was asked whether his companies would reduce investments in property development because of increasing pressure brought by environmentalists.
“It affects the [government] revenue, which is everybody’s revenue in Hong Kong,” Mr Li said. “This will affect revenue in the Treasury and the people of Hong Kong. We will wait for history to judge.”
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Mr Li’s son, Victor Li Tzar-kuoi, said the conservationists had “found the wrong targets”. He urged them to lobby the government instead of protesting against developers.