Media tycoon talks of land crunch, protest 'big leader'

Top News | Staff reporter 18 Oct 2019

Sing Tao News Corp chairman Charles Ho Tsu-kwok says the policy address cannot solve the unrest and will not do enough to increase land supply.

Ho, a member of the Standing Committee of the Chinese People's Political Consultative Conference, said the unrest is a "big movement from other countries trying to overthrow the Hong Kong government" and blamed "fake news" for influencing young protesters.

In an interview with Bloomberg Daybreak Asia yesterday, Ho was asked whether it is possible for Lam to give an economic resolution to a standoff that needs a political solution.

"No, I don't think so," Ho said. "I think what she did [on Wednesday] the market was disappointed. They are looking for more supply of land, and she didn't address that issue well enough."

Ho said the unrest will not stop even if Lam fulfills the five demands of protesters.

Asked for evidence for his accusations of foreign intervention behind the protests, Ho said the slogans of protests "are all in Taiwanese Chinese."

He added: "And you can see that the protesters - or I call them rioters - they are well-financed and well-organized. Some of their logistics, their travels, are even better than the police in Hong Kong."

The tycoon said there is a "big leader" behind the movement despite claims it is leaderless, adding that Hong Kong is the "biggest fake news capital" in the world.

Ho said many Western media outlets at first said the protests were peaceful. "But now there are bombs," he added.

With footage showing protesters throwing petrol bombs, anchor Sherry Ahn said: "When you are clearly seeing that protesters are getting beaten up and violence against police is also rampant, I'm not quite sure if you could call this fake news. It is just right there, visible to everybody's eyes."

She asked him how the government can make concessions with protesters.

Ho replied it is not a simple demonstration and there is a "big leader" behind the protests, adding that Western media is not being fair to Hong Kong police.

Ahn interrupted to say they have reported on police officers being hurt, including one being slashed on the neck, and the explosive device detonated near a police car.

Ho tried to interrupt, but Ahn asked how the protest can end.

Ho said: "I don't see an end to it. I think we will keep going on and we have to depend on police to safeguard Hong Kong."

Pressed on a resolution to the unrest, Ho said he does not know.

Asked how he could communicate with young people, Ho said: "Young people are coming out at 11 or 12 or 15 years old, throwing gas bombs. I mean what kind of young people are we talking about? I'm just surprised that the fake media are bringing out these young people."

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