Hong Kong’s elite fear extradition law could harm their reputation

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Business leaders in the region take tentative steps in face of contentious bill

Days after Hong Kong’s first major protest against its stalled extradition law, a property firm decided to take a £2.5m hit and abandon an option to develop a slice of prime city land, blaming “social contradiction and economic instability”.

The decision by Goldin Financial Holdings was made after one of its directors, a pro-Beijing lawmaker called Abraham Shek Lai-him, called an urgent meeting to discuss whether to go ahead with the project on part of the old city airport.

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Source: china
Link : Hong Kong’s elite fear extradition law could harm their reputation

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