Jackie Chan remains in the newspapers today. This from SCMP:


In Hong Kong, the Tourism Board came under pressure to remove him as the city’s tourism ambassador, while University of Hong Kong students condemned him as “ill-fitted to represent Hong Kong in future”.

On the mainland, 20 scholars issued an open letter attacking Chan for his remarks at the Boao Forum for Asia in Hainan at the weekend, labelling him a “black sheep” and accusing him of turning his back on a system that helped catapult him to where he is now.

In Taiwan, where respondents to a newspaper poll branded Chan’s remarks “nonsense”, the Democratic Progressive Party urged the Taipei city government to remove him as one of the ambassadors of the Summer Deaflympics in Taipei.

Thousands have formed discussion groups on the Facebook network, condemning his remarks. One, which has accumulated more than 1,200 members in two days, urged Chan to go to North Korea if he did not like excessive freedom.

Jackie Chan – buffoon of the century?

Hero of the day would have to be Court of Appeals justice Anthony Rogers, for telling it like it is:


The HK$15.93 billion buyout deal for PCCW was described yesterday by a Court of Appeal judge as an “outrageous” attempt to squeeze out small shareholders who had put their life savings into a stock that had suffered a “pathetic” decline.

Mr Justice Rogers said that he did not see the rationale behind the privatisation, which offered shareholders a price way below what the shares normally traded at.

“It is simply not good enough to buy out the shares at a price based on the last trading day before the announcement, which was the rock bottom price … 30 per cent [less] than previous trading. Why?”

Mr Justice Rogers criticised the fact that the offerors – Mr Li’s PCRD and Unicom – would get a US$2 billion dividend after the deal was completed, describing it as “outrageous.” A minority shareholder began crying in the gallery at this point.

“People put their life savings [into the company] but they received nothing back,” the judge said. “This is a widows and orphans type of company … many people have put money into the company their whole life. The share price had gone down from the peak of HK$120 and it’s pathetic.”

Richard Li bought a great company at its peak, drove it into the ground, and stands to profit $2 billion, in addition to all the money he’s pocketed these past years, from bilking thousands out of their life savings. This entire buyout scheme scam stinks to high heaven.



Hongkie Town
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