Date
17 December 2017
Nearly 80 members of the financial industry have put their names to an open letter to President Xi Jinping. Photo: Apple Daily
Nearly 80 members of the financial industry have put their names to an open letter to President Xi Jinping. Photo: Apple Daily

Financial players appeal to Xi for universal suffrage

Dozens of members of the financial community have added their support to the planned “Occupy Central with Love and Peace” campaign in an open letter to President Xi Jinping, urging him to realize universal suffrage in Hong Kong, Apple Daily reported Thursday.

In the letter in the Financial Times, Apple Daily and Roman Catholic paper Kung Kao Po, the roughly 80 signatories listed 10 appeals on behalf of all Hong Kong residents, including support for the Sino-British Joint Declaration; the principles of one country two systems, and Hong Kong people running Hong Kong; a high level of autonomy, and “real” universal suffrage consistent with international standards.

Several officers from the consulates of Britain, Australia, Canada and the European Union attended a press conference held by the signatories Wednesday.

According to Chan Kin-man, one of the initiators of the Occupy Central campaign, the move by the signatories is significant because it counters the public perception that financial professionals are only concerned about making money.

Hedge fund manager and core group member Edward Chin was quoted as saying that many people in the finance industry are worried that political pressure will stamp out fair competition in Hong Kong, adding that the world will look down on Hong Kong and Hong Kong will no longer be an international city if one country, two systems is not in place, the report said.

Occupy Central is a proposed nonviolent protest in downtown Hong Kong scheduled for July if the central government does not realize commitments for universal suffrage for the city’s 2017 chief executive election.

– Contact HKEJ at [email protected]

TL/AC/SK

 

EJI Weekly Newsletter

Please click here to unsubscribe