Tycoon says protests could damage Hong Kong's reputation


  • World
  • Friday, 28 Feb 2014

Hong Kong tycoon Li Ka-shing, speaks in the newly opened 'Li Ka-shing Centre for Health Information and Discovery' at Oxford University in Oxford, southern England May 3, 2013. REUTERS/Oli Scarff/Pool

HONG KONG (Reuters) - Hong Kong tycoon Li Ka-shing, one of the wealthiest men in Asia, warned on Friday that planned protests to shut down Hong Kong's central business district later this year would damage the Asian financial hub.

Li, who has deep ties to China's ruling Communist Party, uses his annual news conferences to announce company results and also, at times, as a platform to espouse controversial positions.

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