April 15 - 21, 2017

Business & Economy

Hong Kong-Bay Area ties a ‘win-win’

Connecting Hong Kong with the cities in the Guangdong-Hong Kong-Macao Bay Area benefits both sides, said Hong Kong Chief Executive C Y Leung at the end of his three-day trip to the region. He said these places can provide a platform for Hong Kong to tap into the Mainland’s growth, and Hong Kong has its advantages as an international financial center with global trade and logistics capabilities, creating a win-win situation. The connection will also expand the scope of career opportunities for young Hong Kong people.

Reappointment of CEO of Securities & Futures Commission

Ashley Alder has been reappointed as the Chief Executive Officer of the Securities & Futures Commission for three years from October 1. The Financial Services & the Treasury Bureau said under Mr. Alder’s leadership the commission has continued its efforts to maintain Hong Kong’s market integrity, and it is confident he will facilitate the development of the market.

Insurance Authority to be new watchdog

The Insurance Authority (IA) will replace the Office of the Commissioner of Insurance (OCI) to regulate insurance companies from June 26. The OCI will be disbanded on the same day. The existing self-regulatory system for insurance intermediaries will continue during the intervening period so the authority will have enough time to prepare the tools for regulating insurance intermediaries. The authority is expected to take over the supervision of insurance intermediaries from three self-regulatory organizations within two years of the handover, and be financially independent of the Government in the long run.

20A Celebrations in Hong Kong

Chinese Opera Festival kicks off in June

The 8th Chinese Opera Festival will be held June 13 – August 13, showcasing 10 Chinese operatic genres, including Cantonese and Peking operas. The two leading Peking opera troupes in China, the Peking Opera Theatre of Beijing and the First Troupe of the China National Peking Opera Company, will join forces in the opening program “Peking Opera Gala”.

Military concert to be staged

The International Military Tattoo concert, featuring military bands from the Mainland and Mongolia, the Netherlands, Russia, Scotland and the US, will be staged July 13-15 at the Hong Kong Coliseum. The Hong Kong Police Band and the Hong Kong Association of Choral Societies will also perform in the show. A carnival with game stalls and military band performances will also be held on July 15 and 16 at the Hong Kong Cultural Centre Piazza.

20A Celebrations in NYC and Chicago 

Honoring Teddy Robin Kwan in Chicago

Hong Kong’s Teddy Robin Kwan will receive a Lifetime Achievement Award from Asian Pop-Up Cinema at the Chicago History Museum on May 11. Kwan’s career spans over decades as a director/actor/singer/songwriter/record producer.  Two rare screenings of his films “SHE REMEMBERS, HE FORGETS” (Kwan credited as the Producer) and “GALLANTS” (Kwan won the Best Supporting Actor) will be held at PianoForte Chicago on April 25, and at Studio A at the Joffrey Tower on April 28 respectively.

Hong Kong Basic Law

“Inspirational Liaisons – Encore” at Carnegie Hall

Hong Kong-based musicians will be performing at a concert “Inspirational Liaisons – Encore” at  Carnegie Hall on June 11, bringing a repertoire of works including “Vaughan Williams Songs of Travel”, “Ravel Sonata in G for violin and piano” and “Gershwin Three Preludes” for the New York audience. Ticketing details here.

Hong Kong Basic Law

Arts & Culture

World premiere of chamber opera by Hong Kong composer 

New York-based Hong Kong composer Ian Ng is premiering an original one-act chamber opera at The Dimenna Center for Classical Music (450 W 37th St New York, NY 10023) on April 30.The intimate opera, set on a promenade at sunset, tells a story of two complete strangers who share a brief encounter that changes them subtly but distinctly. A NYU graduate with master’s degree in music composition, Ng has received many international awards, including American Prize and Morton Gould Young Composer Award. His music has been performed at Carnegie Hall, Lincoln Center and Joyce Theater among others.Ticketing details here.

Original play "Lost in Shanghai" to debut in New York

Hong Kong composer, Angel Lam’s original play set in 1940’s Shanghai will make its debut at the Pan Asian Repertory Theatre May 4-6. Based on real family diaries, the play tells the story of a young man seeking his fortune in war time and pushes the boundaries of theatre by integrating a unique sound world of classical, musical theatre, and folk songs, transporting audiences to a different time and place. For tickets, click here.

Basic Law

Hong Kong and its Basic Law

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

Q: Has there been any interference in the independence of the Judiciary?
A: No. Hong Kong’s robust and respected court system exercises judicial power independently, free from any interference. The power of final adjudication is vested with the Court of Final Appeal of the HKSAR, which may as required invite judges from other common law jurisdictions to sit on the Court of Final Appeal. The principle of trial by jury previously practiced in Hong Kong is maintained.  (BL Articles 2; 19; 81; 82; 85; 86)

Hong Kong Basic Law

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