November 28-December 5, 2016

Note from HKETONY Director

Business

The Shenzhen-HK Stock Connect launched (Dec 5)

At the start of the Shenzhen-Hong Kong Stock Connect, Hong Kong Chief Executive C Y Leung said that the new equity link was another milestone in deepening mutual access between Hong Kong and Mainland China. He added that the Shenzhen-Hong Kong Stock Connect exemplified the city’s advantages under “One Country, Two Systems”.

Hong Kong Chief Executive C Y Leung at the launch ceremony of the Shenzhen-Hong Kong Stock Connect

Political

Hong Kong Government initiates legal proceedings against four legislators (Dec 2)

After carefully studying the High Court judgment on oath-taking (delivered on Nov 15), the Hong Kong Government has decided to initiate legal proceedings to invalidate the oaths of four legislators. The Secretary for Justice Rimsky Yuen stressed that the decision was purely based on legal considerations, not political reasons.

Hong Kong's High Court

Ranking

Hong Kong tops the 2016 Human Freedom Index (Nov 29)

Hong Kong was rated the freest jurisdiction according to the 2016 Human Freedom Index, jointly published by the Cato Institute and the Fraser Institute. The index ranked 159 jurisdictions on 79 indicators to measure personal and economic freedom. Hong Kong received high scores for its freedom of movement, safety and security, size of government and freedom to international trade.

Hong Kong tops the 2016 Human Freedom Index

Arts & Culture

Flagship design event gathers best minds (Nov 28-Dec 3)

The 15th Business of Design Week (BODW) in Hong Kong drew more than 100,000 professionals from a variety of industries, from designers and architects to entrepreneurs and policymakers. Chief Executive C Y Leung said the week-long event showed Hong Kong’s success in boosting its creative industries. This year’s BODW partner city was Chicago.

Hong Kong Chief Executive C Y Leung speaks at the opening ceremony of the 2016 Business of Design Week

Education

 

University of Chicago announces new center in Hong Kong (Nov 21)

The University of Chicago will be building a new center in Hong Kong. The Francis and Rose Yuen Center will serve as the university’s base for its Booth Business School programs in the region and establish a platform to foster social entrepreneurship and innovation in the city. Hong Kong Chief Secretary Carrie Lam welcomed the move, saying that the city aspires to be a regional education hub

Hong Kong Chief Secretary Carrie Lam speaks at the University of Chicago naming ceremony.

The Jockey Club Scholarships (deadline Mar 1, 2017)

The Hong Kong Jockey Club is offering full scholarships for outstanding students with Hong Kong permanent resident status to attend Harvard or Oxford for graduate studies. Recipients will be chosen for their intellect, character, commitment to service, and potential for leadership. The application deadline is March 1, 2017.

Hong Kong Jockey Club Scholarships

HKSAR 20th Anniversary

Chief Secretary unveils theme for HKSAR 20th Anniversary celebrations (Dec 2)

Hong Kong Chief Secretary announced that the theme for the 20th anniversary of the establishment of the Hong Kong Special Administrative Region next year will be “TogetherProgressOpportunity”. The theme will highlight the successful implementation of “One Country, Two Systems” in bringing unity; ways to innovate and develop new industries; and opportunities opened up by the Belt and Road Initiative.

Hong Kong Chief Secretary Carrie Lam unveils the theme for the HKSAR 20th Anniversary Celebration

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