DOCSLIB.ORG

HKMA at a Glance

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
HKMA at a Glance dfgdfg sdfdsfg Page 2 HKMA at a Glance The Hong Kong Monetary Authority (HKMA) is the government authority in Hong Kong responsible for maintaining monetary and banking stability. The HKMA’s policy objectives are: ♦ to maintain currency stability within the framework of the Linked Exchange Rate System; ♦ to promote the stability and integrity of the financial system, including the banking system; ♦ to help maintain Hong Kong’s status as an international financial centre, including the maintenance and development of Hong Kong’s financial infrastructure; and ♦ to manage the Exchange Fund. The HKMA is an integral part of the Hong Kong Special Administrative Region Government but operates with a high degree of autonomy, complemented by a high degree of accountability and transparency. The HKMA is accountable to the people of Hong Kong through the Financial Secretary and through the laws passed by the Legislative Council that set out the Monetary Authority’s powers and responsibilities. In his control of the Exchange Fund, the Financial Secretary is advised by the Exchange Fund Advisory Committee. The HKMA’s offices are at 55/F, Two International Finance Centre 8 Finance Street, Central, Hong Kong Telephone : (852) 2878 8196 Fax : (852) 2878 8197 E-mail : [email protected] The HKMA Information Centre is located at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong and is open from 10:00 a.m. to 6:00 p.m. Monday to Friday and 10:00 a.m. to 1:00 p.m. on Saturday (except public holidays). The Centre consists of an exhibition area and a library containing materials on Hong Kong’s monetary, banking and financial affairs and central banking topics. The HKMA’s bilingual website (www.hkma.gov.hk ) provides comprehensive information about the HKMA including its main publications and many other materials. Page 1 Contents 2 Chief Executive’s Statement 8 Highlights of 2020 12 Calendar of Events 2020 20 About the HKMA 22 Corporate Governance 27 Advisory Committees 40 Chief Executive’s Committee 44 HKMA Organisation Chart 46 Economic and Financial Environment 58 Monetary Stability 70 Banking Stability 110 International Financial Centre 136 Reserves Management 144 Corporate Functions 162 Corporate Social Responsibility 181 The Exchange Fund 290 Annex and Tables 313 Abbreviations used in this Report 314 Reference Resources The chapter on Banking Stability in this Annual Report is the report on the working of the Banking Ordinance and the activities of the office of the Monetary Authority during 2020 submitted by the Monetary Authority to the Financial Secretary in accordance with section 9 of the Banking Ordinance. The full text of this Report is available on the HKMA website. Page 2 2 ANNUAL REPORT 2020 Chief Executive’s Statement The year 2020 in many ways defied our wildest imaginations. Amid these uncertainties, the HKMA will continue to safeguard monetary and financial stability to provide an COVID-19 swept the globe at a rate that very few would have environment conducive to economic recovery. At the same anticipated, bringing economic activities around the world to time, the HKMA will strive to capture opportunities to further a near standstill. In Hong Kong, after having experienced a strengthen Hong Kong’s competitiveness as a global financial contraction in 2019, the economy suffered a further blow hub in the evolving banking and financial landscape. from COVID-19 and contracted further for the second consecutive year, registering the most severe contraction in Monetary and financial stability: GDP on record. The unemployment rate surged to a 16-year resilience unshaken high, with some sectors hit particularly hard. In 2020, the Linked Exchange Rate System (LERS) continued to operate in a smooth and orderly manner. Since its It is often during trying times when one’s strengths become inception in 1983, the LERS has weathered difficult times and apparent. Despite these significant headwinds, Hong Kong’s has continued to demonstrate its resilience and robustness monetary and banking systems once again stood the test. against shocks. Throughout 2020, the Hong Kong dollar This resilience did not happen fortuitously. Rather, it is a exchange rate remained stable despite COVID-19 and the result of prudent policies applied over the years. volatile macro environment. The strong-side Convertibility Undertaking was triggered a total of 85 times, leading to The recovery path ahead will not be plain sailing. Although aggregate inflows of around HK$383.5 billion into the Hong central banks and governments worldwide have gone to Kong dollar. great lengths to support the economy, the outlook remains clouded with uncertainties, ranging from the monetary policy stance of central banks globally, through to the progress of vaccination programmes as well as the potential effects of a prolonged low interest rate environment. Meanwhile, the pendulum of geopolitical tensions continues to swing, further clouding the horizon. Page 3 HONG KONG MONETARY AUTHORITY 3 Chief Executive’s Statement Underpinning the robustness of the LERS is the solid Mindful of the cash flow problems that may be faced by small foundation that has been built up over the years. As the and medium-sized enterprises (SMEs), the HKMA together International Monetary Fund summed up in its External Sector with the Banking Sector SME Lending Coordination Report 2020, the credibility of the LERS is assured by the Mechanism which we set up in 2019, launched several rounds transparent set of rules, ample fiscal and foreign reserves, of relief measures including the Pre-approved Principal strong financial regulation and supervision, a flexible Payment Holiday Scheme (PPPHS) which deferred all loan economy, and a prudent fiscal framework. The HKMA was principal payments of eligible corporates by six months. By also quick to dispel rumours and provide timely updates on the end of 2020, over 58,000 cases for payment holiday and facts and figures through active industry engagement, and other relief measures totalling over HK$740 billion had been effective public communication through both conventional granted by banks. The PPPHS was extended as appropriate and social media. Concurrently, the HKMA continued to in view of the lingering pandemic situation, and was further enhance its surveillance capacity by leveraging the latest extended in March 2021 to end-October 2021. The Hong technology and data analytics, so as to stay agile in the light Kong Mortgage Corporation Limited also introduced the of the latest market conditions and emerging risks. Special 100% Loan Guarantee under the SME Financing Guarantee Scheme to alleviate the burden of paying While the COVID-19 pandemic weighed heavily on the employee wages and rents by SMEs. More than 25,000 economy, the banking sector remained resilient with robust applications involving some HK$40 billion had been approved capital and liquidity positions. As at end-2020, the capital by the end of 2020. In the first quarter of 2021, the scheme adequacy ratio of local banks was 20.7%, well above the was enhanced and the application period was extended to international minimum requirement of 8%. The average 31 December 2021. During 2020, banks also approved more liquidity coverage ratio of large banks was also well above the than 28,000 cases totalling over HK$44 billion relating to the statutory minimum requirement of 100%, reaching 155.1% in provision of cash flow support for individual customers. It is the fourth quarter of 2020. Reflecting the impact of the encouraging to see how the banking sector came together to COVID-19 pandemic, the asset quality of banks has help tide both corporates and individual borrowers over in deteriorated modestly, with the classified loan ratio increasing these difficult times. to 0.9% as at the end of 2020, but this level remains comparatively healthy, well below the long-run average of In the meantime, we have kept advancing our work with the 1.8% since 2000. banking industry to enhance the sector’s inclusiveness and customer-centric culture. We devoted further efforts to Banking sector: lifeblood of the economy encouraging banks to pay special attention to customers in The banking sector plays an essential financial intermediation need. Good progress was achieved in the sharing of good role in the economy and society. During the year, while practices in providing banking services to persons with maintaining its focus on the supervision of the credit and intellectual impairment and in the provision of more barrier- liquidity risk management of banks, the HKMA also monitored free and accessible banking services. closely the impact of the COVID-19 pandemic on banking operations and has taken a number of measures to ensure that the banking sector can continue to provide essential services, as well as extend credit to borrowers to support the economy. In March, the HKMA reduced the Countercyclical Capital Buffer by 100 basis points to 1%, and reduced the regulatory reserve requirement in April. These measures helped release about HK$1 trillion of lending capacity in the banking sector. Page 4 4 ANNUAL REPORT 2020 Chief Executive’s Statement Given the rapidly changing banking landscape as a result of Growing and greening Hong Kong’s financial evolving technologies, the HKMA’s work extends beyond industry for a more sustainable future tackling the current challenges to expanding the talent pool The first area is promoting green and sustainable finance, to support the future growth and stable development of the where steady progress continued to be made under the banking industry. We cooperated with the Hong Kong HKMA’s three-phase approach announced in May 2019. Association of Banks and the Hong Kong Institute of Bankers In 2020, we completed the assessment of the “greenness in carrying out the “Capacity Building for Future Banking” baseline” for 47 banks, and published a white paper and exercise with an aim to identify the potential talent gaps in circular to provide guidance and share experiences on banks’ the industry and develop a clear road map for banks to management of climate risks.
Load more

Recommended publications
  • T and Analysis of Walkability in Hong Kong
    Measurement and Analysis of Walkability in Hong Kong By: Michael Audi, Kathryn Byorkman, Alison Couture, Suzanne Najem ZRH006 Measurement and Analysis of Walkability in Hong Kong An Interactive Qualifying Project Report Submitted to the faculty of the Worcester Polytechnic Institute In partial fulfillment of the requirements for Degree of Bachelor of Science In cooperation with Designing Kong Hong, Ltd. and The Harbour Business Forum On March 4, 2010 Submitted by: Submitted to: Michael Audi Paul Zimmerman Kathryn Byorkman Margaret Brooke Alison Couture Dr. Sujata Govada Suzanne Najem Roger Nissim Professor Robert Kinicki Professor Zhikun Hou ii | P a g e Abstract Though Hong Kong’s Victoria Harbour is world-renowned, the harbor front districts are far from walkable. The WPI team surveyed 16 waterfront districts, four in-depth, assessing their walkability using a tool created by the research team and conducted preference surveys to understand the perceptions of Hong Kong pedestrians. Because pedestrians value the shortest, safest, least-crowded, and easiest to navigate routes, this study found that confusing routes, unsafe or indirect connections, and a lack of amenities detract from the walkability in Hong Kong. This report provides new data concerning the walkability in harbor front districts and a tool to measure it, along with recommendations for potential improvements. iii | P a g e Acknowledgements Our team would like to thank the many people that helped us over the course of this project. First, we would like to thank our sponsors Paul Zimmerman, Dr. Sujata Govada, Margaret Brooke, and Roger Nissim for their help and dedication throughout our project and for providing all of the resources and contacts that we required.
    [Show full text]
  • Report – Made in PRD: the Changing Face of HK Manufacturers – Released in 2003
    MADE IN Challenges & Opportunities for HK Industry Made in PRD Study is a Federation of Hong Kong Industries project. The Hong Kong Centre for Economic Research was commissioned to carry out this two-year Study. Published and printed in Hong Kong. HK$500 Published by Federation of Hong Kong Industries. Copyright © 2007 Federation of Hong Kong Industries. All rights reserved. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the Federation of Hong Kong Industries. Website : http://www.industryhk.org Contents 2 Foreword 8 Chapter 1 : Hong Kong and the Pearl and Yangtze River Deltas 28 Chapter 2 : Industrial Performance in Gunagdong and the Role of Hong Kong 42 Chapter 3 : Hong Kong-Funded Enterprises and Enterprises in Other Contractual Forms 56 Chapter 4 : The Characteristics of Product Sales 66 Chapter 5 : Guangdong and Hong Kong in Parternership 80 Chapter 6 : Business Environment of the PRD 94 Chapter 7 : Research & Development 110 Chapter 8 : Policy Recommendations 126 Glossary 128 Acknowledgements 1 Since China embarked on the historic economic reform Foreword programmes in late 1970s, the Pearl River Delta (PRD) has developed by leaps and bounds from a predominately rural region into one of the fastest growing, export- oriented industrial centres in the world. This spectacular transformation and the contributions that Hong Kong manufacturers had made to the process have been lucidly depicted in our study report – Made in PRD: The Changing Face of HK Manufacturers – released in 2003.
    [Show full text]
  • List of Buildings with Confirmed / Probable Cases of COVID-19
    List of Buildings With Confirmed / Probable Cases of COVID-19 List of Residential Buildings in Which Confirmed / Probable Cases Have Resided (Note: The buildings will remain on the list for 14 days since the reported date.) Related Confirmed / District Building Name Probable Case(s) Islands Hong Kong Skycity Marriott Hotel 5482 Islands Hong Kong Skycity Marriott Hotel 5483 Yau Tsim Mong Block 2, The Long Beach 5484 Kwun Tong Dorsett Kwun Tong, Hong Kong 5486 Wan Chai Victoria Heights, 43A Stubbs Road 5487 Islands Tower 3, The Visionary 5488 Sha Tin Yue Chak House, Yue Tin Court 5492 Islands Hong Kong Skycity Marriott Hotel 5496 Tuen Mun King On House, Shan King Estate 5497 Tuen Mun King On House, Shan King Estate 5498 Kowloon City Sik Man House, Ho Man Tin Estate 5499 Wan Chai 168 Tung Lo Wan Road 5500 Sha Tin Block F, Garden Rivera 5501 Sai Kung Clear Water Bay Apartments 5502 Southern Red Hill Park 5503 Sai Kung Po Lam Estate, Po Tai House 5504 Sha Tin Block F, Garden Rivera 5505 Islands Ying Yat House, Yat Tung Estate 5506 Kwun Tong Block 17, Laguna City 5507 Crowne Plaza Hong Kong Kowloon East Sai Kung 5509 Hotel Eastern Tower 2, Pacific Palisades 5510 Kowloon City Billion Court 5511 Yau Tsim Mong Lee Man Building 5512 Central & Western Tai Fat Building 5513 Wan Chai Malibu Garden 5514 Sai Kung Alto Residences 5515 Wan Chai Chee On Building 5516 Sai Kung Block 2, Hillview Court 5517 Tsuen Wan Hoi Pa San Tsuen 5518 Central & Western Flourish Court 5520 1 Related Confirmed / District Building Name Probable Case(s) Wong Tai Sin Fu Tung House, Tung Tau Estate 5521 Yau Tsim Mong Tai Chuen Building, Cosmopolitan Estates 5523 Yau Tsim Mong Yan Hong Building 5524 Sha Tin Block 5, Royal Ascot 5525 Sha Tin Yiu Ping House, Yiu On Estate 5526 Sha Tin Block 5, Royal Ascot 5529 Wan Chai Block E, Beverly Hill 5530 Yau Tsim Mong Tower 1, The Harbourside 5531 Yuen Long Wah Choi House, Tin Wah Estate 5532 Yau Tsim Mong Lee Man Building 5533 Yau Tsim Mong Paradise Square 5534 Kowloon City Tower 3, K.
    [Show full text]
  • Annual Report 2014 • Hong Kong Monetary Authority Page 5
    2014 Annual Report Page 2 Hong Kong Monetary Authority The Hong Kong Monetary Authority (HKMA) is the government authority in Hong Kong responsible for maintaining monetary and banking stability. The HKMA’s policy objectives are • to maintain currency stability within the framework of the Linked Exchange Rate system • to promote the stability and integrity of the financial system, including the banking system • to help maintain Hong Kong’s status as an international financial centre, including the maintenance and development of Hong Kong’s financial infrastructure • to manage the Exchange Fund. The HKMA is an integral part of the Hong Kong Special Administrative Region Government but operates with a high degree of autonomy, complemented by a high degree of accountability and transparency. The HKMA is accountable to the people of Hong Kong through the Financial Secretary and through the laws passed by the Legislative Council that set out the Monetary Authority’s powers and responsibilities. In his control of the Exchange Fund, the Financial Secretary is advised by the Exchange Fund Advisory Committee. The HKMA’s offices are at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong Telephone : (852) 2878 8196 Facsimile : (852) 2878 8197 E-mail : [email protected] The HKMA Information Centre is located at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong and is open from 10:00 a.m. to 6:00 p.m. Monday to Friday and 10:00 a.m. to 1:00 p.m. on Saturday (except public holidays). The Centre consists of an Exhibition Area and a Library containing materials on Hong Kong’s monetary, banking and financial affairs and central banking topics.
    [Show full text]
  • Hong Kong's Pro-Democracy Protests
    Protests & Democracy: Hong Kong’s Pro-Democracy Protests Jennifer Yi Advisor: Professor Tsung Chi Politics Senior Comprehensive Project Candidate for Honors consideration April 10, 2015 2 Abstract Protests that occur in the public sphere shed light on the different types of democracy that exist in a region. A protester’s reason for participation demonstrates what type of democracy is missing, while a protest itself demonstrates what type of democracy exists in the region. This Politics Senior Comprehensive Project hypothesizes that the recent pro-democracy protests in the Hong Kong Special Administrative Region (“Hong Kong”), dubbed the Umbrella Movement, demonstrate an effective democracy due to active citizen engagement within the public sphere. Data is collected through personal interviews of Umbrella Movement participants that demonstrate what type of democracy currently exists in Hong Kong, what type of democracy protesters are looking for, and what type of democracy exists as a result of the recent protests. The interviews show that a true representative and substantive democracy do not exist in Hong Kong as citizens are not provided the democratic rights that define these types of democracy. However, the Umbrella Movement demonstrates an effective democracy in the region as citizens actively engage with one another within the public sphere for the purpose of achieving a representative and substantive democracy in Hong Kong. 3 I. Introduction After spending most of my junior year studying in Hong Kong, I have become very interested in the region and its politics. I am specifically interested in the different types of democracy that exist in Hong Kong as it is a special administrative region of the People’s Republic of China (“China”).
    [Show full text]
  • Hong Kong Fintech Week 2020 – Humanising Fintech
    Updated as of 22 October 2020 Hong Kong Fintech Week 2020 – Humanising Fintech Hong Kong Fintech Week is Asia's global financial technology event. This year, the event will take place virtually in Hong Kong, from 2 – 6 November, allowing global fintech businesses, experts and visionaries to join from anywhere in the world to discuss how fintech is empowering society and businesses. The impact of COVID-19 has been far-reaching, impacting global economies, businesses and people. The pandemic has exposed the urgent need for digital transformation in our global financial system. From the need to distribute funds across vast populations and geographies to those who need it most, to the demand for new banking and insurance models. The pandemic has condensed years of digital adoption into a matter of months. Throughout the pandemic, Hong Kong’s fintech sector has proven to be an economic oasis, with companies hiring, thriving and growing, to drive a new era of financial services. With the theme of “Humanising Fintech”, Hong Kong FinTech Week 2020 is the platform to reignite growth and drive positive impact for society and business, connect and inspires fintech leaders to create a brighter future. This year’s virtual conference is expected to attract over 25,000 participants from over 70 economies. The platform will comprise five channels, focusing on the resilience and development of Hong Kong, future fintech trends and growth opportunities. It will also provide a reinvented event experience with artificial intelligence-powered matchmaking and virtual networking opportunities. This year, the event is expected to attract over 350 global speakers including innovative fintech entrepreneurs, investors, regulators and academics, over, 500 fintech exhibitors and 30 delegations.
    [Show full text]
  • G.N. 8093 JUSTICES of the PEACE ORDINANCE (Chapter 510) the Following Is the Full List of Justices of the Peace Appointed Under
    G.N. 8093 JUSTICES OF THE PEACE ORDINANCE (Chapter 510) The following is the full list of Justices of the Peace appointed under section 3(1)(b) of the Justices of the Peace Ordinance:— Mr. ALDER, Ashley Ian Dr. CHAN Cho-chak, John, G.B.S. Mrs. Ellie Lynn ALLEYNE Mr. CHAN Cho-leung, M.H. The Honourable Ronald Joseph ARCULLI, Dr. CHAN Choi-hi, M.H. G.B.M., G.B.S. Ms. CHAN Choi-ying, Virginia Ms. AU King-chi, G.B.S. The Honourable CHAN Chun-ying Mr. AU Pak-ching, Romeo Mr. CHAN Chun-yuen, G.B.S. Mr. AU Weng-hei, S.B.S. Mr. CHAN Chung-bun, Bunny, G.B.S. Dr. AU-YEUNG Cheuk-lun, Henry, M.H. Dr. CHAN Chung-yee, Hubert Mr. AUYEUNG, Rex Pak-kuen The Honourable CHAN Hak-kan, B.B.S. Ms. AW Sian, Sally The Honourable CHAN Han-pan, B.B.S. Mr. Haider Hatim Tyebjee BARMA, G.B.S. Mr. CHAN Hay, Henry, B.B.S. Mr. Tyebjee Hatam BARMA Ms. CHAN Heung-lin, Jenny Mr. Roger Thomas BEST Dr. CHAN Hoi-shou Ms. BIRCH LEE Suk-yee, Sandra, G.B.S. Mr. CHAN Hok-fung, M.H. Mr. Ronald James BLAKE, G.B.S. Dr. CHAN Hon-wai, Felix The Honourable Mr. Justice Syed Kemal Shah Mr. CHAN Hung-kee, Michael BOKHARY, G.B.M. Mr. CHAN Iu-seng, S.B.S. Mr. BONG Shu-ying, Francis Dr. CHAN Ka-ching, B.B.S. Ms. BOW Sui-may Professor CHAN Ka-keung, Ceajer, G.B.S.
    [Show full text]
  • Dental Care Services for Older Adults in Hong Kong—A Shared Funding, Administration, and Provision Mode
    healthcare Review Dental Care Services for Older Adults in Hong Kong—A Shared Funding, Administration, and Provision Mode Stella Xinchen Yang , Katherine Chiu Man Leung, Chloe Meng Jiang and Edward Chin Man Lo * Faculty of Dentistry, The University of Hong Kong, Hong Kong, China; [email protected] (S.X.Y.); [email protected] (K.C.M.L.); [email protected] (C.M.J.) * Correspondence: [email protected]; Tel.: +86-852-2859-0292 Abstract: Hong Kong has a large and growing population of older adults but their oral health conditions and utilization of dental services are far from optimal. To reduce the financial barriers and to improve the accessibility of dental care services to the older adults, a number of programmes adopting an innovative shared funding, administration, and provision mode have recently been implemented. In this review, an online search on the Hong Kong government websites and the electronic medical literature databases was conducted using keywords such as “dental care,” “dental service,” and “Hong Kong.” Dental care services for older adults in Hong Kong were identified. These programmes include government-funded outreach dental care service provided by non-governmental organizations (NGOs), provision of dentures and related treatments by private and NGO dentists supported by the Community Care Fund, and government healthcare vouchers for private healthcare, including dental, services. This paper presents the details of the operation of these programmes and the initial findings. There is indirect evidence that these public-funded dental care service programmes have gained acceptance and support from the government, the service recipients, and Citation: Yang, S.X.; Leung, K.C.M.; the providers.
    [Show full text]
  • Visa Application Guide for Trainees in Hong Kong
    Lorenz & Partners Legal, Tax and Business Consultants Visa Application Guide for Trainees in Hong Kong August 2012 © L&P August 2012 Page 1 of 4 This document addresses relevant issues concerning the visa application process for persons coming to Hong Kong for the purpose of training (including trainees and individuals doing a Referendariat). 1. Who needs to apply? As a general rule, any person other than those having the right of abode or right to land in Hong Kong must obtain a visa before coming to Hong Kong for the purpose of education, taking up employment, training, investment or residence. According to information on the Immigration Department webpage the eligibility criteria are:1 “An application for a visa/entry permit to enter the HKSAR for a limited period (not more than 12 months) of training to acquire special skills and knowledge not available in the applicant's country/territory of domicile may be favourably considered if: a. there is no security objection and no known record of serious crime in respect of the applicant; b. the bona fides of the applicant and the sponsoring company are satisfied; c. the sponsoring company is a well-established company, capable of providing the proposed training; d. there is a contract signed between the sponsoring company and the applicant; e. the sponsoring company guarantees in writing the maintenance and repatriation of the applicant and that the applicant will receive training in the sponsor's premises until the end of the agreed period, after which the applicant will return to his/her place of residence; and f.
    [Show full text]
  • Video on Showcase of Awarded Websites and Mobile Applications
    Video on Showcase of Awarded Websites and Mobile Applications Most Favourite Websites 1. The Kowloon Motor Bus Company (1933) Limited [www.kmb.hk] 2. The University of Hong Kong [www.hku.hk] 3. The Chinese University of Hong Kong [www.cuhk.edu.hk] Most Favourite Mobile App 4. MTR Corporation Limited [MTR Mobile , iOS / Android] 5. Airport Authority Hong Kong [HKG My Flight , iOS / Android] 6. Hong Kong Blind Union [Searching & Exploring with Speech Augmented Map Information (SESAMI) , iOS] Designer Award 1. TheOrigo Ltd. 2. Palmary Solutions Company Limited 3. KanHan Technologies Limited Triple Gold Award 1. Arcotect Limited [www.arcotect.com] 2. Automated Systems Holdings Limited [www.asl.com.hk] 3. The Chinese University of Hong Kong [www.cuhk.edu.hk] 4. City University of Hong Kong [www.cityu.edu.hk/cityu] 5. City University of Hong Kong [www.cityu.edu.hk/cio] 6. Fish Marketing Organization [www.fmo.org.hk] 7. Freedom Communications Limited [www.freecomm.com/entxt_index.php] 8. The Hong Kong Council of Social Service [dsf.org.hk] 9. HKCSS - HSBC Social Enterprise Business Centre [www.sobiz.hk] 10. Information Technology Resource Centre Limited [itrc.hkcss.org.hk] 11. Hong Kong Council on Smoking and Health [www.smokefree.hk] 12. Hong Kong Cyberport Management Company Limited [www.cyberport.hk] 13. Hong Kong Institute of Vocational Education [it.vtc.edu.hk] 14. Hong Kong Lutheran Social, LC-HKS - Shek Kip Mei Lutheran Centre for the Blind [smartlink.hklcb.org/index2.php] 15. Hong Kong Note Printing Limited [www.hknpl.com.hk] 16. Health, Safety and Environment Office, The Hong Kong Polytechnic University [www.polyu.edu.hk/hseo] 17.
    [Show full text]
  • OFFICIAL RECORD of PROCEEDINGS Thursday, 18
    LEGISLATIVE COUNCIL ─ 18 November 2010 2357 OFFICIAL RECORD OF PROCEEDINGS Thursday, 18 November 2010 The Council continued to meet at Nine o'clock MEMBERS PRESENT: THE PRESIDENT THE HONOURABLE JASPER TSANG YOK-SING, G.B.S., J.P. THE HONOURABLE ALBERT HO CHUN-YAN IR DR THE HONOURABLE RAYMOND HO CHUNG-TAI, S.B.S., S.B.ST.J., J.P. THE HONOURABLE LEE CHEUK-YAN THE HONOURABLE FRED LI WAH-MING, S.B.S., J.P. DR THE HONOURABLE MARGARET NG THE HONOURABLE JAMES TO KUN-SUN THE HONOURABLE CHEUNG MAN-KWONG THE HONOURABLE CHAN KAM-LAM, S.B.S., J.P. THE HONOURABLE MRS SOPHIE LEUNG LAU YAU-FUN, G.B.S., J.P. THE HONOURABLE LEUNG YIU-CHUNG DR THE HONOURABLE PHILIP WONG YU-HONG, G.B.S. THE HONOURABLE LAU KONG-WAH, J.P. THE HONOURABLE MIRIAM LAU KIN-YEE, G.B.S., J.P. 2358 LEGISLATIVE COUNCIL ─ 18 November 2010 THE HONOURABLE ANDREW CHENG KAR-FOO THE HONOURABLE TIMOTHY FOK TSUN-TING, G.B.S., J.P. THE HONOURABLE TAM YIU-CHUNG, G.B.S., J.P. THE HONOURABLE ABRAHAM SHEK LAI-HIM, S.B.S., J.P. THE HONOURABLE LI FUNG-YING, S.B.S., J.P. THE HONOURABLE TOMMY CHEUNG YU-YAN, S.B.S., J.P. THE HONOURABLE FREDERICK FUNG KIN-KEE, S.B.S., J.P. THE HONOURABLE AUDREY EU YUET-MEE, S.C., J.P. THE HONOURABLE VINCENT FANG KANG, S.B.S., J.P. THE HONOURABLE WONG KWOK-HING, M.H. THE HONOURABLE LEE WING-TAT DR THE HONOURABLE JOSEPH LEE KOK-LONG, S.B.S., J.P.
    [Show full text]
  • Distribution Point of Sold Tourist Octopus
    Distribution point of Sold Tourist Octopus All 7-Eleven at MTR stations and the below listed stores G01 Shun Tak Centre, 200 Connaught Rd C, HK-Macau Ferry Terminal, HK Shop 289 on 2nd Floor, Shun Tak Centre, 200 Connaught Road Central, Hong Kong Shop 1C, 1D & 1E, G/F, Queen's Terrace, 1 Queen Street, Sheung Wan, HK Shops F & G, Ground Floor, Hollywood Garden, No. 222 Hollywood Road, Sheung Wan, HK G/F & the Cockloft, No. 298 Des Voeux Road Central, Sheung Wan, Hong Kong Shop B, Ground Floor, 106 Jervois Street, Sheung Wan, Hong Kong G/F., No.40 Elgin Street, Central, Hong Kong G/F, Teng Fuh Commercial Building, 331-333 Queen's Road Central, Central, HK Shop No.106, First Floor, Infinitus Plaza, No.199 Des Voeux Road Central, Hong Kong Shop No. 5, G/F, The Peak Galleria, 118 Peak Road, Hong Kong G/F., Winner House,15 Wong Nei Chung Road, Happy Valley, HK Shop E & F, G/F., New Spring Gdn Mansion, 47-56 Spring Garden Lane, Wanchai, HK G6, G/F, Harbour Centre, 25 Harbour Rd., Wanchai, HK Shop 3, G/F, Professional Bldg., 19-23 Tung Lo Wan Road, HK Shop 2, 20 Luard Road, Wanchai, HK Shop A, G/F, 151 Lockhart Road, Wanchai, HK Portion of shop A, B & C, G/F Sun Tao Bldg, 12-18 Morrison Hill Rd, HK Shop C, G/F Pak Shing Bldg, 168-174 Tung Lo Wan Rd, Causeway Bay, HK Shop C, G/F, Siu Fung Building, 9-17 Tin Lok Lane, Wanchai, HK G4, G/F, Hennessy House (CLI Bldg), 313-317B Hennesy Rd, Wanchai, HK Shop B, G/F, Allied Kajima Bldg., 138 Gloucester Road, Wanchai, HK Shop 3, UG/F., Kam Kwong Mansion, 36-44 King Kwong St, Happy Valley, HK G/F, The Chinese Bank Bldg, 2A Pottinger St, 61-65 Des Voeux Rd C, HK Shop C, G/F, Grand View Comm Bldg, Nos.29-31 Sugar St, Causeway Bay, HK G/F., No.
    [Show full text]