Friday 31st October 2014
Dear Reader,
Two months ago today, the NPCSC issued its latest decision on constitutional development.
NEW ARTICLE
Delivery of
petition for HK democracy.
Webb-site has today delivered to the CE's
Office the petition with the first 2,114 signatures. The realistic and pragmatic
petition remains open for signature, so it is not too late to add your voice.
The CE has an opportunity to resolve the impasse over constitutional
development, move HK forward, and land on the right side of
history. (31-Oct-2014)
RECENTLY ON WEBB-SITE
Broadly
representative of wealth
C Y Leung tells 3 media from democratic countries that the Nominating
Committee should be "broadly representative" of wealthy people, not the general
public, who would otherwise wreck the economy, and explains how he has to pander
to vested interests in the committee to get elected. Yet the lack of a popular
electoral mandate has resulted in populist handouts anyway, as well as wasteful
infrastructure spending to favour vested interests. Could a democratically
nominated and elected CE really be any worse? We also look ahead to what the
students should realistically be asking for tonight. (21-Oct-2014)
IN OTHER NEWS
MMT sets date
for Greencool hearing
SFC, 30-Oct-2014
‘No foreign forces behind Hong Kong protests’, says Legco president Jasper Tsang
South China Morning Post, 30-Oct-2014
...thereby contradicting the claims of Beijing and C Y Leung that the democracy
protests are a foreign plot to undermine the one-party state.
Don't be a slave to reform, says finance figure
HK Standard, 30-Oct-2014
Laura Cha, HK
Executive Councillor and delegate to the NPC, compares HK people to slaves in
America, and gets her history on their voting rights hopelessly wrong too (clue:
15th Amendment, Laura). How charming. Sadly this is the person who is steering
the Financial Services Development Council - and she worries about investor
confidence being undermined. How ironic.
No regrets says defiant James Tien Pei Chun
HK
Standard, 30-Oct-2014
Tien: "I am only aware that I am a lawmaker and
Liberal Party leader. I have neglected the title of CPCCC member." So he forgot
to toe the line and for once said what he thought rather than what he was
supposed to think.
Statement by Chief Executive's Orifice
HK
Government, 29-Oct-2014
He didn't say "those earning HK$14k a month
are not entitled to the rights to make nomination for the election of the Chief
Executive", but he did say that if the NC was numerically representative then
"you would be talking to half of the people in Hong Kong who earn less than $14k
a month. Then you would end up with that kind of politics and policies". So the
paraphrase is "broadly representative" of his remarks. PR lesson: when you are
in a hole, stop digging.
NUR Holdings (0254) discloses who is behind shell subscriber
Company announcement, 29-Oct-2014
This
follows a complaint by Webb-site to SEHK earlier today.
Concentration warning in Rising Development (1004)
SFC, 29-Oct-2014
This follows a complaint by
Webb-site to the SFC on 7-Oct-2014.
Concentration warning in Link Holdings (8237)
SFC, 28-Oct-2014
Forefront (0885) pumps HK$247.5m into Freeman Corp Ltd for 7.16% stake.
Freeman announcement
Company announcement,
27-Oct-2014
Another deal in what we call the "Chung Nam Network". The
other shareholders of Freeman Corp Ltd are Freeman Financial (0279), Willie
(0273), iCube (0139) and Dragonite (0329).
And much more besides...
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