2012 Hong Kong Chief Executive Election
On 28 September 2011, in a widely trailed move, Tang resigned from his post, and then in late November announced his candidacy for Chief Executive. He was widely believed to be preferred by Beijing, and hence quickly received support from many financial heavyweights, including Former Monetary Authority chief Joseph Yam Chi-kwong, HSBC Asia-Pacific chief executive Peter Wong Tung-shun, and 'Father of Lan Kwai Fong', Allan Zeman. However, in an unprecedented turn of events, including a series of scandals and dramatically reduced levels of public support, the final vote by the Election Committee saw him lose to Leung Chun-ying.
Read more about this topic: Henry Tang
Famous quotes containing the words chief, executive and/or election:
“Thus your fathers were made
Fellow citizens of the saints, of the household of GOD, being built upon the foundation
Of apostles and prophets, Christ Jesus Himself the chief cornerstone.
But you, have you built well, that you now sit helpless in a ruined house?”
—T.S. (Thomas Stearns)
“When you give power to an executive you do not know who will be filling that position when the time of crisis comes.”
—Ernest Hemingway (1899–1961)
“Well, I am chiefly interested in the renomination, so don’t get disconsolate over that. If we lost the election I shall feel that the party is rejected, whereas if I fail to secure the renomination it will be a personal defeat.”
—William Howard Taft (1857–1930)