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His predicament would be even more dire if Tsang Yok-sing, the leader of the Democratic Alliance for the Betterment of Hong Kong, another pro-Beijing group, also decides to quit the cabinet something he has not ruled out.
ECONOMIST: Heads roll, but not Tung’s (yet) | The
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Tsang Yok Sing, who heads the main pro-Beijing political group, the Democratic Alliance for the Betterment of Hong Kong (DAB), announced last week that he was quitting his job as a school principal to devote full time to readying his party for the election.
CNN: The Shift of Power
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The exchange recently said it was seeking to expand an alliance with the Hong Kong Stock Exchange, allowing Hong Kong companies to list their shares on the Nasdaq.
BBC: Nasdaq meets with MidEast
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The Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) will again be the largest single party in the legislature with 13 members.
FORBES: Hong Kong Election: Democrats Retain Vital Veto Power
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Alliance Global co-owns the casino resort with Genting Hong Kong, which is controlled by the Malaysian holding company Genting.
FORBES: Philippine Billionaire Raises Funds For Expansion