He was also the legislative councillor from 1991 to 1998 until he was jailed for conspiring to forge share documents in 1998. After his release in 1999, he was re-elected unopposed to the legislative councillor in financial services constituency in 2004.
In 2005, he declared to take part in the after Tung Chee Hwa resigned from the . However, his bid failed when he received only 21 nominations from the Election Committee, less than the minimum requirement of 100. As a result, Donald Tsang was declared the uncontested winner.
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