Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Kung fu master Sin wants to run Hong Kong as leadership race looms

Published 01/18/2022, 11:07 PM
Updated 01/19/2022, 01:13 AM
© Reuters. FILE PHOTO: Buildings are seen above Hong Kong and Chinese flags, as pro-China supporters celebration after China's parliament passes national security law for Hong Kong, in Hong Kong, China June 30, 2020. REUTERS/Tyrone Siu

By Jessie Pang and Twinnie Siu

HONG KONG (Reuters) - Hong Kong kung fu master and film producer Checkley Sin Kwok Lam said on Wednesday he intended to run in the city's leadership race, a surprise move that comes as incumbent leader Carrie Lam has yet to confirm whether she will run for a second term.

The 65-year-old is the first person to announce their candidacy ahead of the election on March 27. Chief Executive Lam, who has presided over some of Hong Kong's most tumultuous periods in history, is due to end her term in June.

Willing candidates need the backing of a powerful "patriots-only" electoral body formed by 1,500 pro-Beijing people in Hong Kong. It was unclear whether Sin had such support.

In a YouTube video, Sin said his internet supporters convinced him to change his mind on not getting involved in politics.

"Under the new election system, I believe every capable and reliable patriot can join the new chief executive election," Sin said. "I believe that I have the ability to win."

With the election just weeks away, the silence from leader Lam and other heavyweights is unusual. Local media have speculated that potential candidates include Lam, Financial Secretary Paul Chan and former chief of the World Health Organisation, Margaret Chan. Lam has repeatedly declined to comment on whether she will run for a second term.

Sin, who produced the film Ip Man, has been an active promoter of martial arts in the city. He heads the World Wing Chun Union, which focuses on the traditional southern Chinese kung fu style which was popularised in Hong Kong by Ip Man and Bruce Lee.

Shares of National Arts Group, from which Sin resigned as chairman last July, soared more than 50% on Wednesday in their highest percentage gain since 2006. The company's market value is around HK$102 million ($13 million).

Hong Kong-born Sin has his own YouTube channel with 155,000 subscribers and posts online every few days on topics ranging from politics to the Beijing Olympics. In 2021, one of his shows focused on what he called 'Western hypocrisy' on Hong Kong.

© Reuters. FILE PHOTO: A Chinese national flag (L) and a Hong Kong flag fly outside the Legislative Council, three days before the territory celebrates the 20th anniversary of its handover to Chinese rule, in Hong Kong, China June 28, 2017. REUTERS/Bobby Yip

He first started his online commentary in October 2019 at the height of Hong Kong's anti-government protests where he strongly sided with the government and the police force.

The nomination period runs from Feb 15- March 2 and candidates must get nominations from at least 188 of the 1,500 people in the election committee, according to a document from city's legislature.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.