Hong Kong real estate magnate Gordon Wu said an ambitious land reclamation project can help solve housing and social problems, while welcoming the enforcement of a national security law in the city as bringing stability to boost investment.
That issue, he said, was at the root of anti-government protests in 2019 that culminated in the new security law. A long-time critic of the Hong Kong government's inability to solve housing problems, Wu said he has recently gained more confidence in the city's leader, Carrie Lam. "I saw Lam has started to do something ... it was unthinkable before that she would have such courage. She had not shown such determination until recently."
Critics say the law undermines the city's freedoms, which form the bedrock for its success as a global financial hub.
Singapore Latest News, Singapore Headlines
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