One of the richest people in Hong Kong has lost R15 billion over the course of the 10-week protests, and now he's joining the chorus of wealthy citizens calling for the protests to end

  • 📰 News24
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

One of the richest people in Hong Kong has lost R15 billion over the course of the 10-week protests, and now he's joining the chorus of wealthy citizens calling for the protests to end | BISouthAfrica

protesters in the Hong Kong Economic Journal on August 12, according to BloombergOver $1 billion has been wiped off of Woo's personal net worth since the protests began, according to BloombergCompanies run by several of Hong Kong's other ultra-wealthy residents including Merlin Swire Now in their 10th week, the protests in Hong Kong have caused market volatility and disrupted flights, Business InsiderProtests have disrupted life in Hong Kong for 10 weeks, closing streets, causing...

"It's time to think deeply," Woo, the former chairman of real estate developer Wheelock and Co. wrote in the Hong Kong Economic Journal on August 12, according to."Going against the extradition bill was the 'big tree' of this movement. This one and only big appeal has already been accepted by the government, so this tree has fallen."

Over $1 billion has been wiped off of Woo's personal net worth since the protests began, according to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAA resumes Joburg flights to Hong Kong | IOL TravelSAA spokesperson Tlali Tlali said the airline was notified by authorities that steps had been taken to secure normal operations at the HongKong International Airport. IOLTravel
Source: IOL - 🏆 46. / 51 Read more »

Hong Kong protests hit hotel bookingsRevenue from room sales could fall as much as 50% in August, says state tourism official
Source: BDliveSA - 🏆 12. / 63 Read more »

Chinese officials demand to examine phones of travellers from Hong KongThe checks add to signs Beijing is lifting efforts to control the flow of information on the Hong Kong protest amid fears it could inspire similar unrest in China
Source: BDliveSA - 🏆 12. / 63 Read more »

China claims Hong Kong protest movement has reached 'near terrorism' | IOL NewsMore street clashes followed ugly scenes the previous day when protesters set upon men they suspected of being government sympathisers.
Source: IOL - 🏆 46. / 51 Read more »

POLL| What should happen to Hong Kong-based South African woman upset by protests?A South African woman who is based in Hong Kong gained instant fame on social media after a video of her complaining about the protests in the that country was shared by AFP correspondent Elaine Yu.
Source: TimesLIVE - 🏆 28. / 59 Read more »

SA travellers stranded in Hong KongSAA spokesperson Tlali Tlali said the airline is working on recovering its schedule to and from Hong Kong
Source: eNCA - 🏆 49. / 51 Read more »