HK’s best known activist investor addresses a packed house

Quick Summary:

Members of Hong Kong’s financial community crowded into the Foreign Correspondents’ Club on Monday to hear the city’s most famous activist investor David Webb speak at what was labelled a "Farewell Fireside Chat.

Webb came out to Hong Kong in 1991 with Barclays Plc.

China created prosperity by “relaxing central planning and controls up to a point which ended maybe 15 years ago,” Webb said.“That failure to move forward eventually will lead to, in my view, economic stagnation and pressure to reform.

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Article Details

Author / Journalist: Richard Frost, Kiuyan Wong & Bei Hu / Bloomberg

Category: BusinessStartups

Markets: PhilippinesChinaHong Kong

Topics: Webb Stock Kong City’s Financial Time Business Kong’s Markets Environment Hong

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 10:30:17 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 944 words

Reading Time: 6 minutes read

Sentences: 31 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28672650

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 72 posts per day

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News Last Updated: 9 hours ago

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