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December 17-23, 2016

The next issue of Hong Kong Digest will be on Jan 6, 2017 due to the holidays. Merry Christmas and A Happy 2017!

Finance

Fintech Career Accelerator Scheme launched (Dec 16)

The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute launched the Fintech Career Accelerator Scheme, with the support of 11 banks and 9 universities. HKMA CEO Norman Chan said the scheme bridges academic theory and practice for undergraduate and postgraduate students as they explore a fintech career.

HKMA CEO Norman Chan at the FCAS launch

HKETONY News

A night of music, and art (Dec 16)

HKETONY supported a mini-concert by the International Chamber Orchestra of America (Dec 16) featuring the world premiere of “The Ache of Marriage” and “The Blind Man’s House at the Edge of the Cliff” by Emerson String Quartet violinist Eugene Drucker and a creative rendition of Schubert's "Death and the Maiden" by Revan Yiu and Ashley Chui, both opera singers from Hong Kong.

HKETONY Director Steve Barclay speaking at ICOA's night of music

Education

One-stop shop for job-seeking degree holders (Dec 20)

The Labour Department of the Hong Kong Government has launched an online platform to provide local and overseas degree holders access to job openings and information on the visa application procedures in Hong Kong.

HEE.gov.hk platform

Ivory

Hong Kong set to ban ivory trade (Dec 21)

The Hong Kong Government has approved a three-step plan for phasing out ivory trade in the city by 2022. Secretary for the Environment Wong Kam-sing said the measures would convey Hong Kong’s resolve to curb the illicit trade in ivory. All licenses to possess legal ivory for commercial purposes issued or renewed by end-2016 will expire by default on December 30, 2021. The penalties and imprisonment terms for violation will also be increased.

Ivory

Food Trucks

Food trucks to roll out in early 2017 (Dec 21)

The Secretary for Commerce and Economic Development Gregory So announced that eight of the 16 winning food trucks in a pilot scheme would begin operating on Feb 2, which is the 6th day of the Lunar New Year. Among the eight is Atlantic Sunrise which will introduce American-style barbecue meat steamed bread to test the market. 

SCED Greg So at media breifing on Food Truck Pilot Scheme on Dec 21, 2016.
American-style barbecue meat steamed bread

Arts & Culture

Wong Sze Yuen awarded top prize in piano contest

Pianist Wong Sze Yuen, aged 18, was named Grand Prize Winner in the Young Piano Division at the Hong Kong Generation Next Arts Music Competition 2016. He is currently pursuing a Bachelor’s degree at the Hong Kong Academy for Performing Arts. As part of the Grand Prize, Wong will make his New York Carnegie Hall Debut, supported by HKETONY, on July 8, 2017.

Hong Kong pianist Wong Sze Yuen

Basic Law

Hong Kong and its Basic Law

The Basic Law (BL) is the constitutional document of the Hong Kong Special Administrative Region. Put into effect on July 1, 1997, it enshrines within a legal document the important concept of “One Country, Two Systems". 

Q: Has the HKSAR enjoyed executive, legislative and independent judicial power?
A: Yes. The HKSAR exercises a high degree of autonomy and enjoys executive, legislative and independent judicial power, including that of final adjudication. The Chief Executive heads the HKSAR, and the Executive Council, members of which are appointed by the Chief Executive, assists the Chief Executive in policy making. The legislature, which is constituted by election, enacts legislation, while the independent judiciary dispenses justice free from interference. (BL Articles 2; 16; 17; 19; 43; 54; 55; 66; 68; 73; 85)

Hong Kong Basic Law

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