In this age of bank bail-outs, bonuses and global recession, it’s a bit passé to champion the mega-rich. And yes, it’s a few years old now (that Henry Tang comment proved wide of the mark) but, sadly, the points raised remain just as a valid. So we’ve dug this one from out of the archives and present it to you again. Here at Time Out Towers we’ve been wondering why billionaire Jack Ma and his media organisation the SCMP want to close our irreverent frenemy HK Magazine and delete its existence from the web.Īll that head scratching reminded us of an extensive piece we wrote back in 2012 that examined the men who rule Hong Kong – the city’s tycoons, not its ineffective politicians – and how they rig the system in their favour.
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