HKSAR Election Committee

Government misled LegCo over COVID-19 broker handout
Applying to the Finance Committee, the Government made claims which it knew or should have known were false and misleading. It was either lying or reckless. Webb-site tells you the truth. (1-May-2020)
HK employers must eat this free lunch
An economically illiterate leadership has decided to spray HK$80bn at HK's economy, benefitting employers who had no intention of making lay-offs, by paying the firms up to HK$54k per job. Some firms have even prospered during COVID-19. It's a wasteful way to return hoarded reserves to the economy, but all companies now have a legal duty to shareholders to eat this free lunch. They should resist any Government pressure to not collect it. (9-Apr-2020)
Getting to 601: How Beijing controls the HK Chief Executive election
Carrie Lam continues to peddle the lie that the Chief Executive Election Committee is "broadly representative", often unchallenged by foreign media. We explain exactly how it is rigged, and how with enough political courage, she could unrig it and introduce democracy through local legislation, without Beijing's approval. (28-Jan-2020)
Webb on 'Backchat' re land, housing and Disneyland
RTHK, 8-Jan-2020
HK's richest family urges Govt to help its hotels
Bloomberg, 16-Dec-2019
"We really need it" says Adam Kwok, son of convicted felon Thomas Kwok. What we really need is for tycoons like him to give up corporate voting for seats in the Functional Constituencies and Election Committee - including hotels, real estate and transport, all of which have corporate voters controlled by his family. 1 worker, 1 vote. This simple step would democratise HK.
Central govt plans to 'improve' CE election system
RTHK, 1-Nov-2019
Good. Start by replacing corporate voting with one vote per job, then reallocate the Election Committee sub-sector seats proportionate to registered voters. Voila - a democratic committee! All doable in HK law, no need for NPCSC approval. Do the same for LegCo Functional Constituencies. Or by "improve" do you mean "tighten control over"?
New World (0017) to donate 3m sq ft of land
RTHK, 25-Sep-2019
There was no mention of a farmland giveaway in today's annual results. Having bought the land with shareholders' money, the directors should explain how giving it away enhances shareholder value. If it doesn't, that's a breach of fiduciary duty. What do they expect the company to gain in return? Is this just a kowtow to deter further government intervention, or to get permission to develop better land? Why not instead support abolition of corporate voting for the CE Election Committee and Legislative Council? No, that would be too much!
Beijing berates Li Ka-shing over protest commentsCorporate voting
RTHK, 13-Sep-2019
Perhaps now he would give up his numerous corporate votes in the small-circle constituencies of the Election Committee and LegCo and support One Worker, One Vote for those seats instead? That would be an olive branch indeed. And it can all be done in local legislation, as we explained last week.
Chinese-medicine hospital plan moves forwardGovt PR
RTHK, 13-Sep-2019
If there were 30 seats on the HK Chief Executive Election Committee for astrologers or feng shui masters then they too would get their own Government building. It is downright dangerous to deflect calls for better public hospitals by promoting pseudo-science. Govt says qualified NGOs must have at least 10 years' experience providing and managing Chinese-medicine services - but no requirement to prove that it actually works.
Activist investor Webb proposes changes for HK's voting system (TV)
Bloomberg, 9-Sep-2019
A curious addition to the Transport Constituency
After yesterday's ICAC allegations of vote-rigging in the I.T. sector, should the Taxi Drivers & Operators Association still be added to the list of Transport sector voters? (6-Sep-2019)
Hopewell and the lemon discount
What does the ability to take a company private for 57 cents on the dollar say about the future of HK's public market? Failure to reform HK's laws and regulations to improve the corporate governance framwork will see the market shrink over time as good companies stay away and controllers take existing companies private. (22-Mar-2019)
Why stock-plunges happen so often in HK
We explain the 20-year history to a statutory loophole which keeps investors in the dark on share pledges. (24-Jan-2019)
Concerns grow for endangered species at Fanling
The natural habitat of the lesser-spotted Hong Kong golfer is at risk. (26-Sep-2018)
Statement on the conclusions on HK Listing Regulation
HK loses on two levels from today's climbdown by the SFC. (15-Sep-2017)
'Emergency' for Ip over lack of nominations
HK Standard, 17-Feb-2017
""As an association representing the Taoist sector, we will unify our thoughts and make a collective decision. We tend to bundle because we are representing the whole religion," chairman Leung Tak-wah said." - a clear admission of block-voting their 10 seats on the Election Committee.
1539 candidates in under 4 minutes
Today, a few people are choosing even fewer people who will select HK's new Chief Executive. Our compilation shows the details of all 1539 candidates for 1034 seats, including 300 uncontested. Last time, the electorate of the 637 densest seats (lowest electors per seat) was 4,363. There is healthy competition in the largest electorates, including Education and Health Services, but the most they can hope for is to tip the balance if 2 establishment candidates run for the job and Beijing doesn't pick a winner and direct its agents from the small circles accordingly. (11-Dec-2016)
Presentation on HK securities market reform
These are the slides from a presentation by David Webb to accountants hosted by legislator Kenneth Leung this evening. (16-May-2016)
Webb speaking on democracy, cartels, future at HK 2047 Monitor, FCC
YouTube, 19-Jan-2015
Soon, we can all be rubber stamps
Our take on yesterday's command from Beijing. (1-Sep-2014)
Statistics on Election Committee subsector electorates (see annex)
HK Government, 21-Dec-2011

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