HONG KONG (Bloomberg): Hong Kong’s tycoons threw their support for the city’s leading chief executive candidate - reportedly Beijing’s preferred option for the job - in their latest show of loyalty to China.
A slew of property moguls on Thursday (April 7) endorsed John Lee (pic), who resigned as chief secretary this week, including the leaders of Sun Hung Kai Properties Ltd, the CK Group, Henderson Land Development Co and New World Development Co. The families running those empires have a combined fortune of more than US$100 billion, according to the Bloomberg Billionaires Index.
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