Xia Baolong converses in private with Hong Kong's business magnates during his visit
Here's a lively take on the situation:
Hangin' with Hong Kong's Heavy Hitters
On a recent visit to Hong Kong, Beijing's top man in charge of the city’s affairs, Xia Baolong, sat down with some of the city's biggest tycoons and business bigwigs for a high-stakes chit-chat session. It all went down June 20, 2025, at the Central Government Offices, where Xia held court with some heavy hitters from the commercial and financial sectors, including:
- Wingco Lo, president of the Chinese Manufacturers' Association
- Jonathan Choi, chairman of the Chinese General Chamber of Commerce
- Haywood Cheung, chairman of the Hong Kong Gold Exchange
- Peter Lee, co-chairman of Henderson Land Development
- Stephen Ng, chairman of Wharf Holdings
- Sonia Cheng, executive director of New World Development
These moguls hail from some of Hong Kong's biggest business groups and property developers. The powwow was also attended by other high-ranking officials like Zhou Ji, director of the central government's liaison office, along with deputy directors Yin Zonghua and Qi Bin, Chief Executive John Lee, and Financial Secretary Paul Chan[5].
This face-to-face was a much-anticipated occasion, as it was the first time since last November that Xia had got down with local business elites in Shenzhen. So it's safe to say that discussed topics were hotter than a wok full of shrimp and chili!
As the day unfolded, Xia cruised around town, stopping by Ocean Park in the afternoon and checking out Lamma Island. With an exchange like this under his belt, we're curious to see what kind of impact it'll have on the business scene in Hong Kong!
In this high-profile meeting, Xia Baolong, Beijing's top official, discussed key business and finance matters with Hong Kong's tycoons, including Wingco Lo, Jonathan Choi, Haywood Cheung, Peter Lee, Stephen Ng, and Sonia Cheng, at the Central Government Offices. This meeting, which also included high-ranking officials like Zhou Ji, Yin Zonghua, Qi Bin, John Lee, and Paul Chan, might influence the general news and politics of the business sector in Hong Kong.