4.4 • 1.6K Ratings
🗓️ 24 June 2019
⏱️ 45 minutes
🧾️ Download transcript
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.
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0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
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0:25.1 | battle against climate change. Register at Bloomberg Live.com slash B Green Radio. Hello and welcome to another Wiesenthaw. |
0:45.0 | I'm Tracy Allaway. |
0:46.4 | And I'm Joe Wiesenthal. |
0:48.2 | So Joe, did I tell you that that I got tearghast recently? |
0:53.0 | Oh my god, no, I think I saw a tweet from you that kind of hinted at that, but I couldn't totally tell whether you actually did, or whether you're just at risk of it or |
1:04.3 | whether it was just in theory or you or your colleagues were so I wasn't sure so I |
1:09.5 | you actually got tear-gassed? Yeah just to clarify, this is not the norm |
1:14.9 | in financial journalism, but for those |
1:18.0 | who haven't been following international news recently, |
1:21.4 | there have been a series of very big and historic events in |
1:25.8 | Hong Kong. We've had these massive protests now, two of which were very very |
1:31.3 | peaceful and very big. |
1:34.1 | And then on one occasion, we had a protest |
1:37.0 | that descended into, I don't wanna say violence, |
1:41.0 | but a little bit of chaos. |
1:42.9 | There was a lot of police pushback, which I personally witnessed, |
1:46.9 | and the police also fired rubber bullets, |
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