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HKEX’s Li Apologizes After Remarks on China and Hong Kong

  • ‘I am the biggest supporter of one country two systems’
  • Apology follows controversial comments in London this week
Charles Li
Charles LiPhotographer: Anthony Kwan/Bloomberg
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The chief executive officer of Hong Kong’s stock exchange apologized for recent remarks on China’s handling of the former British colony, becoming the first prominent local business leader to express remorse after stepping on the political landmine.

Charles Li, who runs Hong Kong Exchanges and Clearing Ltd., said on Friday he’s sorry for any confusion caused by his remarks that civil unrest had exposed faults underlying the “one country two systems” framework for the city’s return to Chinese rule in 1997. “I am the biggest supporter of one country two systems,” he said.