[pic] THE CHINESE UNIVERSITY OF HONG KONG School of Accountancy ACY 3151 D– Company Law Preserve The Common Law Derivative Action in Hong Kong Presented to Professor C.K. LOW Submitted by Tony BAI Dongyi; Ashley CHEN Xi; Ri REN Xinyu; Zoe ZHOU Beinan 30 April 2010 Abstract This paper is a response to the First Phase Companies Ordinance Rewrite Consultation Paper Question 7 whether we should abolish the common law derivative action (the CDA) currently retained by sec. 168BC (4) in the amended
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1. Introduction 1.1 Background The Hong Kong airport had been removed from Kowloon City to Chek Lap Kok on 6 July 1998. The New Airport‚ which costs around HK$70.2 billion‚ consists of passenger terminal buildings‚ centralized terminal processing buildings‚ runways and taxiways‚ attached and satellite terminal concourses‚ aircraft parking positions‚ road bridges‚ aircraft maintenance facilities and support and ancillary facilities. This project was deemed critical to the public because any
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[pic] Influence to Hong Kong as an international logistics hub - under the “Framework Agreement on Hong Kong and Guangdong Co-operation” | | | | | | | | | | | | | | |
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Hong Kong is no longer a good place to live Do you enjoy living in Hong Kong? In these few years‚ it is not difficult to hear strong voice of opposition from the citizens and protest is often seen in Hong Kong. Also‚ it has been a hot debating issue that whether Hong Kong is a good place to live or not. This essay explains why Hong Kong is no longer a good place to live in the aspect of the environment‚ social harmony and housing in Hong Kong. Some people think that Hong Kong’s governance is
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the world has investigated the method to less rely on the fossil fuel. Hong Kong‚ being a part of the world‚ should also take the responsibility to do so. Many may wonder is Hong Kong potential enough to use more renewable energy? The answer is simple-why isn’t it? Renewable Energy in Hong Kong There are many types of renewable energy‚ hydropower‚ wind powers‚ solar energy‚ etc. However‚ developing renewable energy in Hong Kong always faces lots of problems and limitations. The factors such as capital
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Calls are growing for a more equitable society with regard to the current debate on whether the minimum wage in Hong Kong should be raised to HK$35 a hour. Before making any conclusion‚ I’d like to make respond to one of the opposition’s view --minimum wage is crippling the businessman. This is an unreasonable and exaggerated argument as the booming rent price in Hong Kong is a wide known significant factor. While it is crystal clear that the businessmen are trying to pass the buck to their
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about the foaminess of Chinea property market (both 1st and 2nd hand)‚ it shows that the risk ratios of the tier 1 cities is quite high. If you were investors and wealthy man‚ will you pour money into China property market ONLY? 2. Hong Kong Property Market In 2009‚ properites of HK bloom‚ especially for luxury properties‚ which are mainly driven by the millionaires (no‚ should be billionaires) from the mainland. The most shocking news is that the property prices continue to hit new
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How fortunate to women nowadays in Hong Kong. The women appeared more than 2000 years ago. But the main important point is born in different century has big different situation for them. One of them comes from older china‚ and one of them comes from nowadays. Although they are same as women‚ there has big different between them life. The purpose of this essay is to compare and contrast the differences between women 100 years ago and women today. The most notable difference between these two women
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voluntary euthanasia be allowed in Hong Kong? The issue of euthanasia has been discussed for decades. Euthanasia is a medical practice to end one’s life with the purpose to alleviate pain or suffering while voluntary euthanasia is one of its categories that carried out at the request of the patient. A few years ago‚ a paralyzed patient had requested for euthanasia to end his life painlessly. This attracted wide attention among the general public in Hong Kong. People started to discuss whether
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Model of Hong Kong Disneyland * Threat of New Entrants * High capital requirements: High capital requirements mean a company must spend a lot of money in order to compete in the market. High capital requirements positively affect Hong Kong Disneyland. … * Strong brand names are important: If strong brands are critical to compete‚ then new competitors will have to improve their brand value in order to effectively compete. Strong brands positively affect Hong Kong Disneyland
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