Michael Kadoorie, chairman of CLP Group, has highlighted his family’s deep connection to Hong Kong and mainland China as a testament to their commitment to the country’s development. In a rare interview, Kadoorie and his son Philip emphasized the importance of standing on their own feet while also acknowledging Beijing’s support.
Amid calls for economic reforms, Beijing has introduced stimulus measures to boost the weakening economy, including cuts to mortgage rates and bank reserve ratios. Kadoorie expressed confidence in Hong Kong’s resilient workforce and urged everyone to contribute to the country’s progress.