Activist investor David Webb hopes Hong Kong statutory body will carry on his work
Hong Kong corporate governance activist David Webb has said a statutory body may carry on part of the work of his influential Webb-site platform, a move he hopes will ensure that at least some of the wide-ranging data stays in the public domain.
The 59-year-old Briton, who is battling late-stage cancer and has said he only has months to live, on Monday also urged the city to maintain its free-port status and promote itself as a duty-free hub amid the ongoing trade disputes between the US and China.
Long-time Hong Kong resident Webb made the remarks at a fireside chat at the Foreign Correspondents' Club, an event that was held as a public farewell for the high-profile activist investor.
'I fought the disease as hard as I could and I'm still fighting, but there is an obvious end to it,' said Webb, who disclosed his metastatic prostate cancer diagnosis in June 2020.
'And I wanted to be in control of the shutdown of Webb-site and find a way for people if they find what I've been doing useful, which they seem to today, to take it forward.
'I can't name it, but there's a statutory body that has shown interest in taking parts of this forward, hopefully making it publicly available.'
The former investment banker announced earlier this year that he would begin closing the Webb-site platform in stages.
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