The Chief Executive of the Hong Kong Special Administrative Region, Mr Donald Tsang, told the 12th Hong Kong Forum in late November that amid international financial turmoil, Hong Kong is preparing for the worst, planning for the best, and grasping new opportunities that come at the time of crisis.

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The Legislative Council (LegCo), Hong Kong’s parliament, approved in June this year the 2012 constitutional reform package with a two-thirds majority. Hailed as a historic milestone in Hong Kong’s democratic development since its return to China as a Special Administrative Region in 1997, LegCo managed to go through the procedures stipulated in the Basic Law to introduce the new election methods.

Hong Kong’s Chief Executive, Mr. Donald Tsang, pointed out that …..

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After a fantastic year for IPO’s on the Hong Kong Stock Exchange (HKEx), it was not at all surprising that a standing-room only crowd at the Prospectus and Developers Association of Canada (PDAC 2010) Convention in Toronto was eager to hear from visiting Secretary for Financial Services and the Treasury, Professor K.C. Chan, and HKEx Chairman, Ronald Arculli, about Hong Kong and on how HKEx has become one of the most active markets in the world.

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On October 14, Chief Executive Donald Tsang gave his annual Policy Address which stressed the need for Hong Kong to diversify into areas that complement its traditional pillar industries of financial services, tourism, trade and logistics, and professional services.

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Hong Kong’s strategic location, together with its vibrant cosmopolitan lifestyle, newly added and more sophisticated infrastructure, world class hospitality and superb professional services, have made the city an ideal location for meetings, incentives, conventions, and events (MICE).

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Introduced in 1997 in Hong Kong, the Octopus smartcard continues to make international forays. As a superb example of Hong Kong’s high degree of technological capability, the Smart card applications will be a theme in the 2010 Shanghai Expo.

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Hong Kong’s Secretary for Education, Mr Michael Suen, visited Toronto and promoted Canada-Hong Kong collaboration in education and nuturing of talent.

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