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This Article is From Jun 24, 2019

One of Hong Kong's Most Famous Investors Gives His Vision of the City's Future

(Bloomberg) --  

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

There's been a series of historic marches in Hong Kong, with millions of people taking to the streets to protest against an extradition bill that they think will give China more power over the city. On this episode of Odd Lots, we talk to David Webb, one of Hong Kong's most unusual and well-known investors. Webb has amassed a fortune by investing in local stocks but he also advocates for change in Hong Kong's volatile market, where big swings and lackluster corporate governance are often the norm. Here, he talks about how he sees the future of Asia's biggest financial center in the wake of the protests. He also gives his thoughts on U.S.-China relations.

To contact the editor responsible for this story: Laura Carlson at lcarlson21@bloomberg.net

©2019 Bloomberg L.P.

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