Li Ka-shing’s advertisement expressed his sense of helplessness. In reality, they are neither a neutral nor a weak party. The real power governing Hong Kong is the monopoly capital represented by Li Ka-shing. They are the root cause of Hong Kong’s problems.
The root cause of the Hong Kong problem, besides the excessive decentralization of power by the central government, is the rampant profit-seeking by unrestrained monopoly capital. Before Hong Kong’s return to China in 1997, Hong Kong’s monopoly capital effectively controlled Hong Kong from the central government. Since 1998, Hong Kong has consistently ranked first in the world in terms of “capital freedom coefficient,” meaning it has the least constraint on capital and can extract profits with the least restraint. This makes Hong Kong one of the regions with the highest Gini coefficient globally, indicating one of the largest wealth gaps. Li Ka-shing’s “Huangtai melon” advertisement was intended to extricate himself from the political turmoil and shirk political responsibility. However, this advertisement is expected to have unforeseen consequences and serious long-term effects. Because this advertisement, which attempts to shirk political responsibility, will inevitably lead the central government to cut off political protection for the Li Ka-shing family’s monopoly capital. The Li Ka-shing family’s industrial capital will inevitably gradually withdraw from mainland China. This will also inevitably increase the operating costs of the Li family’s capital in Hong Kong. The Li family will inevitably have to spend a lot of extra costs to rely on other political powers. In this process, the Li family’s power will inevitably weaken gradually. Once Li Ka-shing loses control of his capital, his capital group will inevitably rapidly split, divide, go bankrupt, or even disappear. The monopolistic capital represented by Li Ka-shing is one of the root causes of the Hong Kong problem. An advertisement titled “The Melon of Huangtai” severed the link between the Li Ka-shing family’s assets and mainland political asylum. The operating costs of the Li Ka-shing family business will increase, and the Li Ka-shing family’s capital will inevitably have to pay additional costs to rely on new political forces. The Li family’s heirs will find it difficult to ensure the safety of the family capital.
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