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Changing Political Economy of the Hong Kong Media
China Perspectives 2018/3 | 2018 Twenty Years After: Hong Kong's Changes and Challenges under China's Rule Changing Political Economy of the Hong Kong Media Francis L. F. Lee Electronic version URL: https://journals.openedition.org/chinaperspectives/8009 DOI: 10.4000/chinaperspectives.8009 ISSN: 1996-4617 Publisher Centre d'étude français sur la Chine contemporaine Printed version Date of publication: 1 September 2018 Number of pages: 9-18 ISSN: 2070-3449 Electronic reference Francis L. F. Lee, “Changing Political Economy of the Hong Kong Media”, China Perspectives [Online], 2018/3 | 2018, Online since 01 September 2018, connection on 21 September 2021. URL: http:// journals.openedition.org/chinaperspectives/8009 ; DOI: https://doi.org/10.4000/chinaperspectives. 8009 © All rights reserved Special feature China perspectives Changing Political Economy of the Hong Kong Media FRANCIS L. F. LEE ABSTRACT: Most observers argued that press freedom in Hong Kong has been declining continually over the past 15 years. This article examines the problem of press freedom from the perspective of the political economy of the media. According to conventional understanding, the Chinese government has exerted indirect influence over the Hong Kong media through co-opting media owners, most of whom were entrepreneurs with ample business interests in the mainland. At the same time, there were internal tensions within the political economic system. The latter opened up a space of resistance for media practitioners and thus helped the media system as a whole to maintain a degree of relative autonomy from the power centre. However, into the 2010s, the media landscape has undergone several significant changes, especially the worsening media business environment and the growth of digital media technologies. -
The Globalization of Chinese Food ANTHROPOLOGY of ASIA SERIES Series Editor: Grant Evans, University Ofhong Kong
The Globalization of Chinese Food ANTHROPOLOGY OF ASIA SERIES Series Editor: Grant Evans, University ofHong Kong Asia today is one ofthe most dynamic regions ofthe world. The previously predominant image of 'timeless peasants' has given way to the image of fast-paced business people, mass consumerism and high-rise urban conglomerations. Yet much discourse remains entrenched in the polarities of 'East vs. West', 'Tradition vs. Change'. This series hopes to provide a forum for anthropological studies which break with such polarities. It will publish titles dealing with cosmopolitanism, cultural identity, representa tions, arts and performance. The complexities of urban Asia, its elites, its political rituals, and its families will also be explored. Dangerous Blood, Refined Souls Death Rituals among the Chinese in Singapore Tong Chee Kiong Folk Art Potters ofJapan Beyond an Anthropology of Aesthetics Brian Moeran Hong Kong The Anthropology of a Chinese Metropolis Edited by Grant Evans and Maria Tam Anthropology and Colonialism in Asia and Oceania Jan van Bremen and Akitoshi Shimizu Japanese Bosses, Chinese Workers Power and Control in a Hong Kong Megastore WOng Heung wah The Legend ofthe Golden Boat Regulation, Trade and Traders in the Borderlands of Laos, Thailand, China and Burma Andrew walker Cultural Crisis and Social Memory Politics of the Past in the Thai World Edited by Shigeharu Tanabe and Charles R Keyes The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung UNIVERSITY OF HAWAI'I PRESS HONOLULU Editorial Matter © 2002 David Y. -
Changing Political Economy of the Hong Kong Media
Special feature China perspectives Changing Political Economy of the Hong Kong Media FRANCIS L. F. LEE ABSTRACT: Most observers argued that press freedom in Hong Kong has been declining continually over the past 15 years. This article examines the problem of press freedom from the perspective of the political economy of the media. According to conventional understanding, the Chinese government has exerted indirect influence over the Hong Kong media through co-opting media owners, most of whom were entrepreneurs with ample business interests in the mainland. At the same time, there were internal tensions within the political economic system. The latter opened up a space of resistance for media practitioners and thus helped the media system as a whole to maintain a degree of relative autonomy from the power centre. However, into the 2010s, the media landscape has undergone several significant changes, especially the worsening media business environment and the growth of digital media technologies. These changes have affected the cost-benefit calculations of media ownership and led to the entrance of Chinese capital into the Hong Kong media scene. The digital media arena is also facing the challenge of intrusion by the state. KEYWORDS: press freedom, political economy, self-censorship, digital media, media business, Hong Kong. wo decades after the handover, many observers, academics, and jour- part follows past scholarship to outline the ownership structure of the Hong nalists would agree that press freedom in Hong Kong has declined over Kong media system, while noting how several counteracting forces have Ttime. The titles of the annual reports by the Hong Kong Journalists As- prevented the media from succumbing totally to political power. -
D11444 2016 年第52 期憲報第4 號特別副刊s. S. No. 4 to Gazette
D11444 2016 年第 52 期憲報第 4 號特別副刊 S. S. NO. 4 TO GAZETTE NO. 52/2016 ENGLISH AUTHOR INDEX, 2015 A Yin 3617 Auerbach, Annie 7042-7045 A8 New Media Group 3618 Aurum Pacific (China) Group abc Multiactive Limited 3619-3620, 7012 Limited 29, 3655, 7046, 11377 Abel, Andrew B. 6 Austin, Christopher 30 Aberdeen Kai-fong Welfare Auto Italia Holdings Limited 3656, 11382 Association Social Service 3621 Automated Systems Holdings Against Child Abuse Limited 11343 Limited 3657, 11383 Agarwal, Yashasvini 963, 7468 AV Concept Holdings Limited 31, 7051 Agile Property Holdings AVIC Joy Holdings (HK) Limited 3658 Limited 3623-3624, 7020 Badger, Ian 11960, 11967-11978 Agricultural Bank of China Baecker, S. R. 7052-7054 Limited 3625, 11344 Bai, Ruoyun 35 AGTech Holdings Bai, Wen-gang 4379-4390 Limited 3626-3627, 7021, 11345 Baioo Family Interactive Alco Holdings Limited 7, 11346 Limited 7061, 11385 Alexander, Martin 7036-7037 Baker, Laura 919-922, 4526-4533, Alexander, Nadja 8, 12809 8015-8016, 12672-12677 Ali, Abdul Azeem 7047-7050, 11378-11381 Ball, Jacqueline A. 7062-7089 Alibaba Pictures Group Bamboos Health Care Holdings Limited 9, 3628, 11347 Limited 36-37, 7090 Aliverti, Elisabetta 7022 Bank of China (Hong Kong) Allied Cement Holdings Limited 3629, 11348 Limited 3659, 11386 Allied Group Limited 3630, 11349 Bank of China Limited 3660, 11387 Allied Properties (H.K.) Limited 3631, 11350 Bank of Chongqing Co., Ltd. 3661, 11388 Alltronics Holdings Limited 3632, 11351 Banks, Steven 11389 Amin, Yawar 3977 Baobei, Anni 38 Amlin, J. P. 7023 Baoxin Auto Group Limited 3662 AMS Public Transport Baoye Group Company Limited 7091, 11390 Holdings Limited 11, 11353-11354 Bard, Solomon Mathew 11391 Anakotta, Rory 7024-7027 Barkan, Joanne 7092 Ananthanarayan, Aditya 247 Barnes, Carolyn 446 Andersen, Hans Christian 14-15, 7028 Barry, Jarrod 39, 3663 Anxian Yuan China Holdings Bartholomew, Terese Tse 4185 Limited 11360 Bartlett, Magnus 3664 Ao, S. -
Perspectives Chinoises, 2018-3
Perspectives chinoises 2018-3 | 2018 Vingt ans après : transformations et défis de Hong Kong sous le régime chinois Édition électronique URL : http://journals.openedition.org/perspectiveschinoises/8408 ISSN : 1996-4609 Éditeur Centre d'étude français sur la Chine contemporaine Édition imprimée Date de publication : 1 septembre 2018 ISSN : 1021-9013 Référence électronique Perspectives chinoises, 2018-3 | 2018, « Vingt ans après : transformations et défis de Hong Kong sous le régime chinois » [En ligne], mis en ligne le 01 septembre 2019, consulté le 01 avril 2020. URL : http:// journals.openedition.org/perspectiveschinoises/8408 Ce document a été généré automatiquement le 1 avril 2020. © Tous droits réservés 1 SOMMAIRE Dossier Vingt ans après la rétrocession : des transformations économiques et politiques de Hong Kong et de son avenir sous le régime chinois Éditorial Jean-Pierre Cabestan et Éric Florence Évolution de l’économie politique des médias hongkongais Francis L. F. Lee Le « localisme » à Hong Kong depuis la rétrocession Une approche évènementielle Samson Yuen et Sanho Chung Boom immobilier et essor du localisme à Hong Kong Témoignage de l’élection du Conseil législatif en 2016 Stan Hok-Wui Wong et Kin Man Wan Désarticulation entre les valeurs civiques et le nationalisme Cartographie du nationalisme d’État chinois après la rétrocession de Hong Kong Chi Kit Chan et Anthony Ying Him Fung Les demandeurs d’asile, symboles de la non-sinité de Hong Kong Le cas d’une enquête dans Chungking Mansions Gordon Mathews Articles Jeunes militantes -
Annual Report Contains Several Statements That Are “Forward-Looking”, Or Which Use Various “Forward-Looking” Terminologies
BUSINESS REVIEW 6 Financial Highlights 65 Corporate Information 10 Chairman’s Statement 66 Company Profile 14 Management Discussion & Analysis 67 Corporate Structure Operational Review 68 Share Information Financial Review 34 Corporate Governance 46 Group Commitments 54 Our Achievements 62 Directors and Senior Management FINANCIAL REPORT GLOSSARY 69 Directors’ Report 93 Independent Auditor’s Report 94 Consolidated Statement of Profit or Loss and Other Comprehensive Income 96 Consolidated Statement of Financial Position 98 Statement of Financial Position 99 Consolidated Statement of Changes in Equity 100 Consolidated Statement of Cash Flows 102 Notes to the Consolidated Financial Statements 221 Five-year Financial Summary NEXT MEDIA is a multimedia company engaging in publishing, animation, online and mobile games. STAMINA SPEED POWER DASH STAMINA SPEED POWER DASH NEXT MEDIA publishes Hong Kong and Taiwan’s most-popular and highly regarded newspapers and magazines, and operates their Apple Daily most-visited news portals. Next Magazine Sudden Weekly ME! Eat & Travel Weekly Trading Express Auto Express Taiwan Apple Daily FACE Taiwan Sharp Daily Taiwan Next Magazine Ketchup NEXT+ ONe *Restated EBITDA BEFORE IMPAIRMENTS REVENUE – CONTINUING OPERATIONS AFTER NON-CONTROLLING INTERESTS (HK$ MILLION) FROM CONTINUING OPERATIONS (HK$ MILLION) 3,602.6 / 2012* 556.3/ 2014 3,474.1 / 2013* 552.7 / 2012* 3,268.9 / 2014 458.8 / 2013* 174.6 / 2014 18.4 / 2012* 19.3 / 2013* 154.1 / 2012* 15.7 / 2014 96.1 / 2013* CURRENT RATIO (%) GEARING RATIO (%) 6 BASIC EARNINGS (LOSS) PER NET PROFIT (LOSS) FOR SHARE FROM CONTINUING THE YEAR (HK$ MILLION) AND DISCONTINUED OPERATIONS (HK CENTS) 248.5 / 2014 9.9/ 2014 (180.2) / 2012* (7.8) / 2012* (944.6) / 2013* (40.1) / 2013* 34.7 / 2013* 30.3 / 2012* 25.9 / 2014 DEBT TO EQUITY RATIO (%) 7 On behalf of Next Media, I have pleasure in presenting the POLE POSITION FOR THE DIGITAL MEDIA Company’s financial results for the year ended 31 March RACE 2014. -
ENCROACHMENTS on PRESS FREEDOM in HONG KONG Threatened Harbor Encroachments on Press Freedom in Hong Kong
THREATENED HARBOR ENCROACHMENTS ON PRESS FREEDOM IN HONG KONG Threatened Harbor Encroachments on Press Freedom in Hong Kong January 16, 2015 © PEN American Center 2015 All rights reserved PEN American Center is the largest branch of PEN International, the world’s leading literary and human rights organization. PEN works in more than 100 countries to protect free expression and to defend writers and journalists who are imprisoned, threatened, persecuted, or attacked in the course of their profession. PEN America’s 3,700 members stand together with more than 20,000 PEN writers worldwide in international literary fellowship to carry on the achievements of such past members as James Baldwin, Robert Frost, Allen Ginsberg, Langston Hughes, Arthur Miller, Eugene O’Neill, Susan Sontag, and John Steinbeck. For more information, please visit www.pen.org. Cover photograph: © Gareth Hayes, Creative Commons CONTENTS Introduction 4 Report Framework and Methodology 6 Legal Framework 7 Challenges to Press Freedom in Hong Kong 9 Physical Assaults on Journalists 9 Attacks on and Obstruction of Media During the Pro-Democracy Protests 11 Threats to Free Expression Online 14 Politically Motivated Censorship and Removal of Media Figures 17 Politically Motivated Economic Pressures on Media Outlets 20 Recommendations 22 References 23 Appendix: Alleged Incidents of Violence Against Journalists During the 2014 Pro-Democracy Protests As Reported to the Hong Kong Journalists Association 23 INTRODUCTION Hong Kong has long enjoyed a vibrant, diverse, and independent passed in 1990 by the Chinese National People’s Congress, also media and a unique position as a window into mainland China. explicitly protects the rights of Hong Kong’s residents through Local and foreign correspondents make use of Hong Kong’s the year 2047, including the freedom of speech, freedom of unique geopolitical position, cosmopolitanism, and strong the press, and freedom of assembly. -
Asia Consumer & Media Daily
Deutsche Bank Markets Research Asia Periodical Date China 21 October 2013 Consumer Asia Consumer & Media Daily Anne Ling Lydia Ling Research Analyst Research Analyst Consumer & Media Daily (+852) 2203 6177 (+852) 2203 6181 [email protected] [email protected] Winnie Mak Company news Research Analyst China/HK (+852) 2203 6178 [email protected] Hutchison – Strategic review of Parknshop Phoenix Satellite Television – Equity transfer by Star Entertainment to TPG China Green – Disposal of wholly-owned subsidiary Next Media – Shutting down Sharp Daily in Hong Kong Indonesia Gudang Garam – Government is starting to enforce closure of excise loophole (Reggy Susanto) Thailand CP All – Total bond yield below 5% highly likely (Chalinee Congmuang) India Asian Paints – Gross margin expansion for Akzo is a positive read- through for APNT (Manoj Menon) Godrej Consumer – Revenue growth visibility deserves a premium (Manoj Menon) Global Coach, Inc – 1Q earnings not a game changer, out-year plan remains the key catalyst (Dave Weiner) Sector news China/HK China Luxury – DFS to be renamed T-Galleria, focus on e-marketing strategy Global Consumer – Shiseido may sell two sub-brands to L’oreal China Catering – Subway targets to open 440 stores in China in two years China Retail – Walmart to close 25 stores in 2014 China Retail – Cross-border e-commerce platform to be unveiled in Shanghai Free Trade Zone China F&B – Beijing Yanjing Brewery 3Q results China F&B – MIIT to support Beijing dairy industry China media – SARFT further restricts entertainment programmes HK Media – Protest against HKTV license refusal China F&B – CCTV’s accusation of Starbucks on grabbing high profit in China Global Global F&B – Fire destroys world's largest sugar trader's warehouse ________________________________________________________________________________________________________________ Deutsche Bank AG/Hong Kong Deutsche Bank does and seeks to do business with companies covered in its research reports. -
25 Years of Experience in Asia + Interstoff Asia Essential = Trade Fair Success!
25 years of experience in Asia + Interstoff Asia Essential = Trade fair success! This spring from 14 – 16 March 2012 245 international suppliers showcased their latest fashion, functional and eco textiles as well as apparel related collections to 7,625 buyers from 46 countries and regions. Top visiting countries / regions: Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Taiwan, Thailand and the US. “The uniqueness of Interstoff Asia’s product range, seminar programmes and inspirational trends make it an irreplaceable industry event in Hong Kong. That’s exactly why it’s been around since the eighties.” Chuck Fung, Business Development Director of Microban International (Asia) Ltd Visitor Business Nature (2012) H G F A Manufacturer-Garments and other E A end products 34% B Trading company/Buying office 29% D C Designer 12% D Wholesaler/Retailer 9% E Buying agent 7% F Other 6% C G Department store/Chain store 2% H Trade Association 1% B Business Matching 2012 VIP Buyer 26 brands, buying offices and trading companies from China, Hong Kong Highlights and Vietnam took part in exclusive pre-arranged business meetings with 59 China exhibitors on-site. Ningbo Huayi Garments Co Ltd Shenzhen Eeka Fashion Co Ltd VIP access to China’s emerging fashion brands Shenzhen Lightness Garments Co Ltd Further enhancing the business matching activities, a key feature of the ShenZhen Temar Garments Co Ltd programme connected exhibitors with VIP buyers from China’s top emerging clothing brands, who had annual sales greater than USD 300 million. Hong Kong Crystal Martin (HK) Ltd Elle Youngor Group – a high end menswear brand; Shenzhen Eeka Fashion Co Otto International (Hong Kong) Ltd Ltd – a high end ladieswear brand; Leyou – a children & infant wear Perry Ellis International specialty chain store; K-Boxing, a top menswear brand; and Septwolves, a Ralph Lauren Sourcing Company Limited leading casual wear label are just some of the Chinese fashion brands Silvereed Hong Kong Limited attending. -
And Straightforward
Next Media Limited Annual Report 2003/04 and straightforward OPENNext Media Limited Annual Report 2003/04 Company Profile Next Media Limited (the “Company” or “Next Media”, together with its subsidiaries, the “Group”) is Hong Kong’s largest and most influential Chinese language print media conglomerate. Since the launch of Next Magazine in 1990, the Company has built up an enviable bond of trust with its readers as a result of its unwavering commitment to removing all fiction and artificiality from its editorial content. With one hugely popular daily newspaper and four widely read weekly magazines and its burgeoning Internet business, Next Media remains a Hong Kong market leader in terms of readership, circulation and sustainable advertising revenue. Always conscious of its pledge to add value for its shareholders, the Company will not rest on these impressive laurels. Building upon its achievements in Hong Kong, Next Media began to expand its operations into the lucrative Taiwan market in 2001. To ensure its long term success, the Company has allocated much resources into the construction of production facilities and the setting up of expert operation teams. The Group strongly believes that its titles cater to the needs and preferences of its Taiwanese readers, in terms of both information and entertainment value. The fruits of this groundwork was harvested when Taiwan Next Magazine broke even on schedule in mid-2003. Taking its successful Hong Kong sister publication as an example, and carefully tailoring its content to match the local mass market readership profile, the title is now a major force in the Taiwan weekly magazine market. -
Results for the Year Ended 31 March 2008
NEXT MEDIA LIMITED RESULTS FOR THE YEAR ENDED 31 MARCH 2008 Rising advertising sales and effective, all-round cost-reduction measures yield outstanding 52.2 % increase in net profit Results: Total revenue up 7.4% to HK$3,483.8 million (2006/07:HK$3,245.2 million). EBITDA up 32.4% to HK$772.6 million (2006/07:HK$583.4 million). Net profit up 52.2% to HK$521.3 million (2006/07: HK$342.4 million). Basic earnings per share up 22.2% to HK22.0 cents (2006/07: HK18.0 cents). Dividends: Total dividends per share for 2007/08, up 11.6%, amounting to HK24.0 cents (2006/07: HK21.5 cents) Strong Operating Performance: Segment Results of Major Business Divisions Segment Revenue Year ended 31 March Business Division 2008 2007 Change HK$M HK$M % Newspaper Publishing and Printing Division 2,449.5 2,277.7 +7.5 Books and Magazines Publication Division 872.7 833.0 +4.8 Segment Profit Year ended 31 March Business Division 2008 2007 Change HK$M HK$M % Newspaper Publishing and Printing Division 462.7 316.6 +46.1 Books and Magazines Publication Division 127.6 45.8 +178.6 Next Media achieved record earnings in 2007/08, despite the maturity and fiercely competitive nature of the Hong Kong market, and the lacklustre performance of Taiwan’s economy. Next Media’s revenue amounted to 1 HK$3,483.8 million, which was 7.4% higher than the figure of HK$3,245.2 million for the previous year. Its net profit rose by 52.2 % to HK$521.3 million compared to the previous year. -
SOPA 2013 Awards Brochure
About the SOPA Awards for Editorial Excellence The SOPA Awards for Editorial Excellence were established in 1999 as a tribute to editorial excellence in both traditional and new media, and were designed to encourage editorial vitality throughout the region. The awards cover a broad range of categories reflecting Asia’s diverse geo-political environment and vibrant editorial scene. Central to the SOPA Awards’ ongoing success is the high caliber of international judges who preside over the award entries. The SOPA Awards have consistently secured judges from many of the region’s leading newspapers as well as consumer and trade magazines and academics from prestigious universities – a reflection of the stature of the awards. Judges ensure that entries are analyzed and selected according to a demanding set of criteria. The SOPA Awards are coordinated by a committee of publishing professionals from the business and editorial sectors. These dedicated individuals volunteer their time throughout the year to ensure the awards’ rules, judges, entries, event, sponsorships and promotions all come together smoothly. The SOPA Awards set a valuable benchmark for the industry, and have become news items in their own right, generating media coverage and attention not only across the Asia-Pacific region, but also on the global arena. Corporate Support Sponsorship is always essential to maintain the sustainability and the growth of the Awards. SOPA is grateful for receiving generous support from different sectors in the society. The SOPA 2013 Awards for Editorial Excellence is supported by Invest Hong Kong - Gold Sponsor, and Hong Kong High Technology Limited as the Silver Sponsor.