HONG KONG - Hong Kong's richest man, Li Ka-shing, urged people to"love China, love Hong Kong and love yourself" on Friday in a bid to calm the city's escalating crisis as pop concerts and public events were cancelled in response to anti-government protests.
The protests began as opposition to a now-suspended bill that would have allowed suspects to be extradited to mainland China and have swelled into wider calls for democracy. Organisers of a wellness summit scheduled for October shifted it to Singapore. Economists have warned the protests could tip one of Asia's financial capitals into recession.
A march planned for Sunday by the Civil Human Rights Front, which organised the million-strong marches in June, has only been allowed an assembly in Victoria Park on Hong Kong island because of safety concerns.Another march planned in Kowloon's Hung Hom district on Saturday has also been banned.
"The young always fear the future has nothing to do with them," Li's statement said."I think the government heard the messages from the protesters loud and clear and is diligently racking their brains now for solutions."
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