CORPORATE GOVERNANCE OF HONGKONG 1. Overview of recent corporate governance reforms A. Recent initiatives There have been numerous recent changes in Hong Kong in relation to corporate governance matters‚ extending well beyond legislation and nonbinding codes. The roles of relevant regulators have also been examined and proposed changes made. As far as legislation is concerned‚ the most significant change is the introduction of the Securities and Futures Ordinance‚ which came into force on
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The ‘Hong Kong Kids’ Phenomenon In recent years it is common to see Hong Kong children accompanied by their domestic helpers everywhere. Some of them just shout at their helpers asking for help in tying their shoelaces and some just open their mouths to wait for spoonfuls of food like little birds in a nest. They have reached the age with the abilities to take care of themselves but they do not do so. As this problem becomes increasingly general‚ it is important to explore its different causes so
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The youth unemployed should be one the groups the most in need for financial support in Hong Kong. They face keen competition and suffer from the local economic regression‚ which create difficulty to them earning a living. Young people‚ in general‚ refers to people in the age groups of 15-19 and 20-24 (Chung Kim-wah 2009). They are recognized as labor force in Hong Kong‚ but their employment opportunities are not optimistic. Those school leavers in the age of 15-24 entering the labor market have
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Trends in the retail industry I) Retail sales: overview For the period January-April overall retail sales have increased by 0‚7% in 2014 (from HK$172‚3m to HK$173‚ 5m): The small increase in retail sales in mainly due to the 14‚3% growth rate that occurred in January 2014. For three consecutive months retails sales have experienced negative growth with a peak of -9.8% in April 2014 as shown in the graph below. Retail
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publication "Legal System in Hong Kong" printed in 2008 Preface The first edition of this booklet was published in 1991. Its stated aim was to help the public understand how our legal system works. It stressed the importance of the rule of law to Hong Kong’s past success and future promise and emphasised the role that an informed public could play in ensuring the continued vitality of the legal system. 2007 marked the tenth anniversary of the establishment of the Hong Kong Special Administrative
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Hong Kong International Airport Students Name/ ID No. : 1. Lee Pin Lit 2. Ng Wei Han 3. Yong Zi Lip 4. Lee Leong Yong 5. Loo Jia Long Lecturer Name : Shervin Motamedi ( M. Sc ) Table of Contents * Introduction * Design * Construction Stage and Process * Intentions of management or designer * Environmental risk mitigation * Conclusion Introduction : Hong Kong International Airport is one of the greatest civil engineering
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lifestyle of Hong Kong citizens‚ the 4 major landfills in Hong Kong are going to be saturated. From the government’s words‚ these landfills will be fully saturated before late 2010s. The situation is getting worse in these years‚ as people have no improvement in their consumption style. They are not aware of their responsibility on reducing waste. Also‚ people cannot develop the routine on recycling‚ and send much unnecessary rubbish to the landfill. With the rare land resources in Hong Kong‚ we cannot
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Nowadays‚ Hong Kong needs to face different housing problems. The major housing problem is shortage of housing. As the rate of population growth increases‚ the pressure for housing also increases. When the housing supply falls behind population growth‚ problem arise‚ resulting in the deterioration of the residential environment. The high rate of natural population increase‚ the continued influx of migrants from China and the entry of illegal immigrants further increased the population. And the insufficient
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qu’aujourd’hui Hong Kong est une place financière internationale ? A) Période de la colonisation anglais à 1995 B) 1995-2002 II) Compétitivité de la place financière: son infrastructure légale‚ son système solide de régulation ( HKMA)‚la compétitivité des banques‚ de la Bourse et de l’industries de l’assurance . A)Le Rôle de HKMA dans l’ouverture internationale 1) Qu-est ce que HKMA (Hong Kong Monetary Authority)? 2) Son rôle dans l’ouverture internationale de Hong Kong. 3) HKMA dans
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the Hong Kong Courts re Winding Up and Unfair Prejudice Petitions — Are Offshore Companies Safe? Hong Kong law contains a number of provisions designed to protect the interests of minority shareholders‚ including the “unfair prejudice” remedies under section 168A of the Companies Ordinance (the Ordinance) and the Ordinance’s “just and equitable” winding-up provisions. These protections can‚ in some cases‚ also be invoked by shareholders of non-Hong Kong companies. However‚ as the Hong Kong
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