Lam said during the annual meeting of the World Economic Forum in Davos, Switzerland, that Chinese President Xi Jinping (習近平) was committed to Hong Kong’s special status. On Tuesday, Lam sought to convince global business and political leaders at Davos that the Asian financial hub is open for business. Lam and “Team HK,” including Hong Kong Secretary for Commerce and Economic Development Edward Yau (邱騰華), top officials from the stock exchange, the Airport Authority of Hong Kong, MTR Corp and the head of Swire Group, are at the Swiss mountain resort after Moody’s Investors Service this week downgraded Hong Kong. HKEX chairman Laura Cha (史美倫) on Tuesday said that Hong Kong has held up remarkably well despite the protests. “The rule of law is sound in Hong Kong.”Speaking in an interview with CNBC in Davos, Lam said that she was “very disappointed” by the Moody’s decision.
