Activism
He uses his eponymous webb-site.com as his official mouthpiece on all matters commercial and political.
He has purchased shares in all the companies which form the Hang Seng Index, and demands formal votes to resolutions which he judges detrimental to the interests of minority shareholders during the annual general meeting of public listed companies. To force real votes, Webb launched "Project Poll" to push for formal votes on all proposals at annual meetings of Hang Seng index constituent companies; he initiated Project Vampire, to block resolutions that allow for bypassing of pre-emption of rights issues and massive share dilutions.
Webb is also seen as a bit of a political activist: in December 2005, he advocated dramatic widening the electorate of the functional constituencies, arguing that professionals in fields such as bankers and stockbrokers should get to elect their own representatives. At present, only accountants, lawyers, doctors and teachers are able to exercise that right; stockbrokers are represented by a convicted fraudster, whilst the banking seat has only been contested once in 20 years.
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