The degree of wishful thinking by companies is extraordinary. I was the director of a publicly traded company (Next Digital) that was crushed by the HK government, in a freezing letter signed by John Lee, effectively stealing a US$150 million company and costing 1000 jobs.
Businesses shrug it off, thinking it’s somehow OK or understandable that the company was killed and 7 colleagues jailed because we published pro-democracy newspaper Apple Daily or because the #ccp regard #jimmylai as a troublemaker. But this establishes a precedent.
Next time it will be easier for the #HongKong government to kill a company and the third time it will almost start to seem normal.
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