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

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

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