Link REIT monopoly in public estates was not acceptable as elderly tenants could not be expected to carry their heavy shopping to and from other markets. He said there was no plan to buy back the Link, but the government could explore providing alternatives if the Link was not serving nearby residents. Carrie Lam, now chief executive, was reported in 2016 (while she was chief secretary) to have called Link REIT one of the "three mountains" – i.e. one of the major sources of contention in Hong Kong society – that the government sought to conquer. Lam stated that the government should explore different avenues toward tackling the problem, including launching a potential legal battle against the company. Similarly, in April 2019, legislator Alice Mak moved a motion in the Legislative Council urging the government to "overcome the 'three big mountains'" that she wrote had plagued the local community, one of which is Link REIT. Various other legislators moved motions to this amendment suggesting means of tackling the problem, including amending the Housing Ordinance to regulate rent increases; constructing more public markets and bazaars to diminish Link REIT's commercial monopoly in many areas, and provide residents with greater shopping choices; creating a dedicated team within the Lands Department to inspect Link REIT properties, and to conduct enforcement against violations of land lease conditions by the company; and buying back Link REIT properties and placing them back under government management. See also Privatisation Securitisation – see "government securitisation" References External links Companies listed on the Hong Kong Stock Exchange Politics of Hong Kong Public housing in Hong Kong Real estate investment trusts of Hong Kong Government-controlled corporations of Hong Kong Companies in the Hang Seng Index