He was China’s undisputed hedge-fund king – until the stock market bubble he helped create took him down with it, writes Alex W Palmer

Hong Kong police have warned of serious consequences if pro-democracy protesters try to occupy government buildings, as they have threatened to do if the territory’s leader does not resign by today.

Chinese officials have warned of “chaos” and thrown their weight behind Hong Kong’s embattled leader in his face-off with pro-democracy protesters who have threatened to occupy government offices unless he steps down today.