Joseph Lau denies rumors that he and wife support social movements

Billionaire and former chairman of Chinese Estates Holdings, Joseph Lau Luen-hung, has denied media reports and rumors saying that he and his wife, Chan Hoi-wan, have supported social movements.

In a statement, Lau said the rumors are fabricated and misleading, and that they retain the right to pursue.

The tycoon said that he and his wife have always love the country and Hong Kong, and in the past few decades adhere to the belief of "giving back to society," and hope that all walks of life will come together at this difficult time, and that the media will be objective and avoid writing malicious and defamatory reports.