Shi Yongqing: At present, the environment is not expected to discuss “Tomorrow’s Day"
The political disputes in Hong Kong continue. Shi Yongqing, Chairman and President of the Central Plains Group, admits that under the current political environment, there is no condition for discussion on the “Low Island" vision plan. However, it is considered that the policy will not be “dead."
On the radio programme “Learn to Tell the Truth" on Sunday, Mr Wing pointed out that under the controversy over the amendment of the Fugitive Offenders Ordinance, the preliminary study funding for the “Lantau Island" vision project was difficult to pass in the current Legislative Council session. The environment has no conditions to discuss the vision plan. However, he believes that the scheme will not be “dead in the womb". Since the problem of land supply and housing is not solved, the public has not been able to live happily and satisfactorily. This is a problem that cannot be solved.
Must grow far from land supply
In addition, Mr Wing also agrees to reclamation and re-planning the existing land. He said that the current opposition to reclamation is not necessarily a majority. Many people in Hong Kong will understand the reclamation because many people live in the reclamation. As for the income, more than half of the people around him are in favor of reclamation.
Mr Wong also said that the current difficulties in the purchase of the public are mainly due to the high price of the land. The Government must curb property prices by increasing the supply of long-term land. Even if the “Lantau Island" vision plan is difficult, it should not be done because of difficulties. “If something really needs it, you have to do it."
As for the property market, Shi Yongqing estimates that there is little chance of a sharp fall in property prices. Although Sino-US trade disputes and recent social disputes are not good for the property market, under the influence of major central banks in the world, the financial factors still dominate the property market. The possibility of a big price drop is limited.