Sha Banshan's Notes | Chen Delin's Chief Executive Candidates for the Financial Circle's Support

Political situation

Written by: Sha Banshan

2020-10-05 07:00

Last update date: 2020-10-05 07:00

After experiencing a storm of anti-revision regulations, Carrie Lam, who had been expected to be the chief executive for ten full years, was deemed hopeless for re-election. However, after the central government took the initiative to enact the Hong Kong National Security Act, Carrie Lam seems to have regained his "good fight" qualities. In an interview with the official media, he said: "Some people have described me recently, and I am back to who I was before, right?"

"Good fight" returned to his place, Lam Cheng's recent public speech also said that the central government, some establishments believe that Lam Cheng is "more and more popular" and seems to be a signal of intention to fight for re-election.

However, the chief executive has always been coveted by many people. Recently, it has been reported in the political circle that Chen Delin, the former president of the Monetary Authority, is rushing to organize a campaign office, and he has recruited a legal person familiar with the financial system to take the helm... ...

Look for "General Manager" to familiarize yourself with mainland affairs

Chen Delin, 65, joined the government as an AO in the 1970s. When the Monetary Authority was established in 1993, Chen Delin "passed" as an assistant president. He played an important role during the Asian financial turmoil in the battle of "beating predators".

He briefly left officialdom in 2005 and assisted Tsang Yinquan in competing for re-election as chief executive. He later became a senior executive of Standard Chartered. Within two years, he returned to the government as the director of the chief executive's office. ".

Chen Delin has been a dark horse candidate for chief executive for many years, but he has not received as much attention as Tang Yingnian, Zeng Junhua and others, and his low-key performance is not familiar to Hong Kong people.

Chen Delin retired from the Monetary Authority in September last year. The political circle believes that he will not "retire completely". The next stop may be the chief executive's throne.

According to recent news from the political circles, Chen Delin is preparing for the election campaign, and a person from the legal profession will serve as the "General Manager."

The establishment faction with a lawyer background said that the person is known as the "Golden Lion King" in the industry. He is a partner of a well-known international law firm. He is good at corporate financing and has long-term business in China. He has certain contacts in the Mainland.

He described the person as an "unusual number" in the legal world. Unlike the general lawsuits, or often commenting on judicial affairs, he has quite a status in the financial industry. He has held many important public positions and has rich financial experience. Only in recent years did he occasionally appear in front of the spotlight when he became a senior think tank.

Political whispers also said that Chen Delin's advantage lies in his neutral image, unlike others who angered him, but it is not easy to get "blessings" from the central government. It is rumored that Chen Delin visits the Liaison Office from time to time for support.

As for the location of the election office, it is rumored that a business tycoon involved in different businesses in the city offered to rent it, but it is unknown whether it has been implemented.

▼Potential candidates for the next Chief Executive▼

Tian Beichen: "Double Chen" is more popular after Beijing winds up

Tian Beichen, a member of the Legislative Council of the Real Political Roundtable, told the author that he was not surprised by the news of Chen Delin’s team.

He revealed that as early as last year in the anti-revision law turmoil, Beijing had sent people to Hong Kong to stop the wind. As a result, "Shuang Chen" was the candidate with a higher chance of running out.

Tian Beichen described that Chen Delin's advantage is "no tooth mark" and familiar with the financial system. I believe he is also trusted by Beijing.

The other "Chen" is Chen Maobo, the current Financial Secretary.

Tian Beichen pointed out that the other party is serious and sincere in solving problems, and will not be perfunctory, but the disadvantage may be that there have been more controversial incidents in the past, and he is also Liang Zhenying's favorite.

Tian Beichen pointed out that Carrie Lam’s biggest problem is that he is too self-esteem.

He believes that the next chief executive is at least one who is willing to listen to others. The "double Chen" meets the conditions, but he frankly admits that whether Lam Cheng can be re-elected depends on the highest level of the central government.

The Legislative Council Member of Financial Services, Zhang Huafeng, said that he had heard about Chen Delin's intention to run for the election, but he believed that it was too far away from the election of the chief executive, and it was too early to say.

Tian Beichen pointed out that during the anti-amendment law turmoil last year, Beijing sent people to Hong Kong to catch the wind. Chen Delin (left) and Chen Maobo (middle) were both potential chief candidates.

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Some people in the political circles believe that the rumors of Chen Delin’s election as chief executive have been spread for more than a decade, and have never come true. Questioning Chen Delin’s election is just a smokescreen, and the purpose is to cover other potential candidates.

People in the financial and financial circles also estimate that Chen's chances of election are not great, because of his single background, it may not be suitable.

In the past, the central government set forth four major requirements for serving as chief executive, namely patriotism and love for Hong Kong, trust in the central government, ability to govern and support from Hong Kong people. A senior establishment pointed out that after social events in recent years, the central government has increasingly valued the former "Trustworthy", loyal to the implementation of the national mission instructions, and with Chen Delin's background and resume, it seems that it will take some time to persuade the central government to give him the green light.

Chen Delin, Lam Cheng Yuet'e, and Chen Maopote first elected the Monetary Authority