Tokyo, Japan, 12th Apr 2022, King News Wire, Hong Kong leader Carrie Lam, who has governed the global financial hub through the unprecedented upheaval of anti-government protests and Covid-19, has said she will not seek a second five-year term of office.
Lam’s announcement came as rumours abound that Chief Secretary John Lee, Hong Kong’s second most senior official, was set to resign to join the race to replace Lam in May and become the Chinese-ruled city’s next leader.
Lam stated there is only one reason she has decided to make this decision. “There’s only one consideration and that is family. I have told everyone before that family is my first priority in terms of my consideration. They think it’s time for me to go home,” Lam relayed to media during aa briefing.
Two years later, millions took to the streets in sometimes violent anti-government protests that ultimately led Beijing to impose a sweeping national security law in June 2020, giving it more power than ever to shape life in Hong Kong.
The leadership election was pushed back from March 27 to give the government time to battle a Covid outbreak that has infected more than a million of the 7.4 million people in the former British colony.
South Pass Partners offers a broad range of investment solutions and financial advice. From high net-worth individuals and their families to international businesses, we tailor the needs of private clients and retail investors that are looking to maximize their net-worth for themselves and of course, future generations. We remain true to our independence and to our dedication to putting our clients’ needs first in everything we do.
Japan (Global Headquarters)
Higashi Yaesu Building,
Media Contact: South Pass Partners
Contact Person: Miriam Huang
Email: Send Email
The post South Pass Partners – Carrie Lam Not Seeking Second Term in Hong Kong Office appeared first on King News Wire.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Funds Gossip journalist was involved in the writing and production of this article.