Hong Kong Activist Investor David Webb Passes Away at 60
Hong Kong activist investor and former investment banker David Webb has died at the age of 60.
Prominent Hong Kong activist investor David Webb has passed away due to metastatic prostate cancer at the age of 60, according to his social media accounts.
British-born Webb was an ex-investment banker who was well-known for his commentary on economic and corporate governance, finance, regulatory and political issues in Hong Kong, published on his own website – Webb-site – since 1998. He was also previously a non-executive director of the Hong Kong Stock Exchange.
In one of his last public appearances, he spoke during a fireside chat at the Foreign Correspondents’ Club in Hong Kong on various topics, including his belief that the city as well as mainland China in the long run will be «less autocratic, more democratic and will move away from the authoritarian system because there's no other there's no way to maintain economic growth by central planning».
