Hong Kong tycoons with US$140 billion of fortunes at stake put their names behind China’s proposed security law for city

After 12 months of political turmoil, a pandemic and the worst recession on record, Hong Kong’s richest people have emerged with their fortunes intact.The billionaire class of real estate developers, taipans and conglomerate founders who dominate Hong Kong’s economy are now lining up to support a controversial national security law, siding with the Chinese government despite widespread opposition from local residents and Western leaders.The nine richest people with companies listed in the city…

from South China Morning Post https://www.scmp.com/business/money/wealth/article/3087901/hong-kong-tycoons-us140-billion-fortunes-stake-put-their