Hong Kong Billionaire Breaks Silence, Urges Protesters to Ease Off
- Wheelock’s Peter Woo comments in HKEJ column as stock tumbles
- Swire Pacific calls for ‘restoration of law and order’
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Ten weeks into the protests that have rattled the Asian financial hub to its core, Hong Kong’s billionaires are beginning to break their silence as the costs of escalating violence mount.
Peter Woo, the largest shareholder and former chairman of developer Wheelock & Co., on Monday called on protesters to ease off after they notched a victory by blocking the government’s extradition bill. Sun Hung Kai Properties Ltd., controlled by the city’s wealthiest clan -- the Kwoks -- issued a statement Tuesday condemning violent protests.