AmChamHK Aug Sept 2017

Magazine of The American Chamber of Commerce in Hong Kong

August/September 2017

Forging & Branding a New Position Chris Patten on “One Country, Two Systems” China Conference 2017: China’s Globalization Leap

COVER SPONSOR

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AmChamHK Publisher Tara Joseph Editor-in-Chief Kenny Lau Managing Editor Jennifer Khoo Advertising Sales Manager Tom Chan

AmChamHK is a magazine of news and views for management executives and members of the American Chamber of Commerce in Hong Kong. Its contents are independent and do not necessarily reflect the views of officers, governors or members of the Chamber.

Advertising office 1904 Bank of America Tower, 12 Harcourt Rd, Central, Hong Kong Tel: (852) 2530 6900 Fax: (852) 3753 1206 Email: amcham@amcham.org.hk Website: www.amcham.org.hk Printed by Ease Max Ltd 2A Sum Lung Industrial Building 11 Sun Yip St, Chai Wan, Hong Kong (Green Production Overseas Group) Designed by Overa Creative Tel: (852) 3596 8466 Email: ray.chau@overa.com.hk Website: www.overacreative.com ©The American Chamber of Commerce in Hong Kong, 2017 Library of Congress: LC 98-645652 Single copy price HK$50 Annual subscription HK$600/US$90

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COVER STORY

AmCham proposes key measures in response to the consultation of Chief Executive Carrie Lam’s upcoming inaugural Policy Address

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GOVERNMENT RELATIONS

It’s important that the community should talk to one another and make sure that other countries take an interest in how Hong Kong develops, former colonial governor Chris Patten suggests

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CHINA BUSINESS

Hong Kong needs closer integration with China and expedited development to secure future growth

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TRADE & INVESTMENT The Qianhai Special Economic Zone is poised to become China’s new central business district. What role will Hong Kong play?

AmChamHK 8-9 • 2017

AUGUST/ SEPTEMBER 2017 Vol. 49 No. 8-9

AMCHAM NEWS AND VIEWS

04 President’s Memo 07 New Business Contacts

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Member Spotlight Mark Your Calendar

COVER STORY & Branding a New Position 08 Forging AmCham proposes key measures in response to

the consultation of Chief Executive Carrie Lam’s inaugural Policy Address, emphasizing innovation, collaboration and China’s economic initiatives

GOV’T RELATIONS & ADVOCACY

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Five Minutes With…Villy Leung

AmCham’s Director of Events & Marketing Villy Leung talks about her choice of career and love of travel in a candid conversation

GOVERNMENT RELATIONS

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One Country, Two Systems: 20 Years and Beyond

It’s important that the community should talk to one another and make sure that other countries take an interest in how Hong Kong develops, former colonial governor Chris Patten suggests

CHINA BUSINESS

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China Conference 2017: China’s Globalization Leap

AmCham invites panels of experts for a discussion on China’s globalization drive and what it means for businesses in Hong Kong at the 2017 China Conference

AmChamHK 8-9 • 2017

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U.S.-China Diplomatic Power Play

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Global Push of the China Brand

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China Going Global

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Greater Bay Area: Opportunities for Hong Kong

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A Bridge of Infrastructure Finance

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China’s Growing Market

TRADE & INVESTMENT Qianhai 36 Introducing Shenzhen’s new special economic zone is poised to become China’s new CBD. It intends to collaborate with Hong Kong, not compete

SPECIAL SUPPLEMENT to Hong Kong 43 Moving A comprehensive guide to providers of relocation services, educational institutions and choices of accommodation in the city of Hong Kong

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BOARD OF GOVERNORS CHAIRMAN

Walter Dias

VICE CHAIRMAN

Jack Lange

TREASURER

Owen Belman

GOVERNORS

Donald Austin Evan Auyang Sanjeev Chatrath Elaine Cheung Sean Chiao Diana David Sean Ferguson Mark Green Robert Grieves Matthew Hosford Clara Ingen-Housz

Michael Klibaner Simon Ogus Seth Peterson Catherine Simmons Anna-Marie Slot Eric Szweda Rick Truscott Jennifer Van Dale Jenny Wong Patrick Wu Lennard Yong

EX-OFFICIO GOVERNOR

Peter Levesque

PRESIDENT

Tara Joseph

CHAMBER COMMITTEES Apparel & Footwear Ball China Business Communications & Marketing Corporate Social Responsibility Education Energy Entrepreneurs/SME Environment Financial Services Food & Beverage Hospitality & Tourism Human Resources Infrastructure & Construction Innovation & Technology Insurance & Healthcare Intellectual Property Law Pharmaceutical Real Estate SelectUSA Senior HR Forum Taxation Trade & Investment Transportation & Logistics Women of Influence Young Professionals

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Gareth Brooks Sally Peng Elaine Cheung Rick Truscott Devin Ehrig Lili Zheng Oliver Rust Pat-Nie Woo Virginia Wilson Rick Truscott Cynthia Chow Jim Taylor Steven Chan Veronica Sze Mark Kemper Peter Liu Ian Chung Julie Brandt Leonie Valentine Rebecca Harrison Hanif Kanji Gabriela Kennedy Chiann Bao Jessica Bartlett Caroline Johnson Edward Farrelly Robert Johnston Terrance Philips Lili Zheng MaryAnn Vale Ivan Strunin Barrett Bingley Gavin Dow Jennifer Parks Anne O'Riordan David Boman Jamie Ford

PRESIDENT'S MEMO

Dear fellow members and friends, A nagging theme has emerged across all active business sectors in Hong Kong, just past the point of the 20th anniversary of the city’s handover to Chinese rule.

Where does HK go from here?

It’s a stark recognition that Hong Kong needs some fresh thinking and creative drive to maintain its competitive position as a leading business center. There’s also a hope that a new administration under Chief Executive Carrie Lam will move quickly to set a strategic course, and infuse some inspired planning into this important finance, trading and logistics hub.

Moving up the value chain in technology and innovation is one key area of focus. It’s an area where Hong Kong has admittedly fallen behind other major business centers.

That includes fintech, which should be a strength in a city known for its financial prowess. Attention is also centering on building a pipeline of tech talent, both among young Hong Kong people training for jobs of the future, and in recruiting top global talent.

Technology can also be used to make Hong Kong a better place to live and work. If this city could galvanize its resources, it would eventually set an example smart 21st century living. Many visitors to Hong Kong tell me they are awestruck by Hong Kong’s success at vertical living, but that Hong Kong falls short on the mark when it comes to using technology to transform the environment and to break down silos in government and the community.

But above all, Hong Kong is struggling with a mindset shift. While it needs to modernize and innovate, it’s also trying to figure out how to capitalize on the growing economic power of southern China and fit into what’s now being called the “Greater Bay Area” of nine cities plus Hong Kong and Macau without compromising its own unique values and assets.

AmCham has played an active in role in advocating for action on all these fronts, but our chamber also recognizes that underpinning all this discussion is an understanding that Hong Kong needs hold on to what makes it unique, precious and valuable: its internationally recognized judiciary and rule of law.

Over the summer, the jailing of democracy activists following a Court of Final Appeal ruling caused an outcry over whether Hong Kong’s cherished rule of law is slipping.

As uncomfortable as it might be, this is an important discussion because the strength of Hong Kong’s legal system is fundamental and will safeguard all facets of its growth.

Hong Kong is also blessed with a free press and the ability to openly debate such weighty matters. And it’s precisely this openness and transparency that give it a flying change of success in achieving fresh growth but maintaining its core strengths.

Regards, Tara Joseph AmCham President

AmChamHK 8-9 • 2017

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www.amcham.org.hk

AMCHAM Means Business

Members Directory

Over 500 pages in three major sections, including a complete guide to chamber services, corporate sponsors and AmCham Charitable Foundation. This directory lists about 1,400 members from about 700 companies and organizations.

ISBN 978-962-7422-68-6

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The American Chamber of Commerce in Hong Kong 1904 Bank of America Tower, 12 Harcourt Road, Hong Kong.

Tel: (852) 2530 6900 Fax: (852) 3753 1208 Email: hchung@amcham.org.hk

New Business Contacts

View our other members at: www.amcham.org.hk/memberlist

The following people are new AmCham members: ADMIS Hong Kong Limited American Airlines Inc Artemis Associates Asia Care Group Limited Avery Dennison Hong Kong B V Bloomberg LP BNY Mellon Citi Colliers International (HK) Limited Cushman & Wakefield Deacons Dell Computer Corporation DigitasLBi Economist Group, The Emerson Electric Asia-Pacific Eversheds LLP EY FTI Consulting (Hong Kong) Limited Gary Cheng CPA Limited Gerson Lehrman Group (Asia) Limited (GLG) Hasbro Far East Ltd Heidrick & Struggles Hong Kong Limited Hongkong and Shanghai Hotels, Ltd, The Hongkong International Theme Parks Ltd Hooters Hong Kong Jockey Far East Limited Jones Lang LaSalle Ltd (JLL) Kerry Hotel Hong kong Kimberly-Clark (HK) Limited Li & Fung Mandarin Oriental, Hong Kong Marco Polo Hotels - Hong Kong MetLife Mitsubishi Corporation Hong Kong Limited Modern Terminals Limited Nature Conservancy, The Paypal Pte Ltd Philip Morris Asia Limited Philips Lighting Hong Kong Limited PricewaterhouseCoopers Ltd RSM Hong Kong Steelcase Hong Kong Ltd Taipei Economic and Cultural Office Teneo Asia Limited The Hong Kong Ballet Limited The Talent Lighthouse TikiTiki Bowling Bar Vanguard Investments Hong Kong Limited Vistra Waters China Limited WeMedia Shopping Network Technology Co. Ltd Xiamen Lugong Group Co Ltd

AmChamHK 8-9 • 2017

Eric Wong Ramon Poblete Russ Fortson Stephen Chung Diana Footitt Candace Albert John Ip Thalia Georgiou Graham Wladimiroff Yuen Ting Susanna Wong Cynthia Leung Gerald Keefe Chris Wright Eric Chong Jayson Williams Sean Lee Daniel Allen Hughes Michael Gold Edwin Boone Charles Markillie Aaron Topol Ann Hung Jack Yiu Chin Pan Ben Poon Gary Cheng Matthew Creedon David M. Kosnoff Jeffrey Stryker Janice Lao Carson Glover Edward Goh Larry Cowle Stephanie Pang Bronwen Smith James Chow Chloe Hui Jamie Hajeong Hyun Lale Kesebi Louisa Wu Vanessa Kong Cindy Tang Sumito Takahashi Kastuhiro Ito Elin Wong Shirley Pang Rocio Lopez Priscilla Wat Raymond Tse Timothy Mak Bruce Lee Jason Yau Eric Lee Brian Whitfield Sarena Ehrlich Viola Ke Hsin Lo Damien Peter Ryan Septime Webre Anna Champion Victor Kwok Justin Chang Helen Law Yan Pu Yanyi Choy Jasper Chan Ryan Leung Andy Liu

Managing Director Corporate Sales & Strategic Partnerships Manager - APAC Managing Director Asia Pacific Manager Sales & Trade Strategy, HKG, South China & South East Asia CEO Managing Consultant, Healthcare Practice Leader, Healthcare Strategy and Change Advisory Director, Healthcare VP & Senior Counsel North Asia Market Specialist Vice President, Wealth Management Managing Director, Head of Asia Pacific Corporate Banking Director Senior Manager, Research Head of BD Managing Director SVP Editor President, Asia Pacific Consultant Partner, US Tax Desk Senior Director, Strategic Comunications Corporate Services Manager Business Development Manager Managing Director Managing Director Vice President, Quality Assurance Partner, Consumer Markets Practice Director, Corporate Responsibility and Sustainability Director, Global Communications Vice President, Marketing General Manager VP, Eastern Hemisphere Sourcing & Production Associate Director, International Residential Property Services Director of Sales & Marketing General Manager, Taiwan & Hong Kong Managing Director Chief Communications Officer Director of Commerce Director of Sales & Marketing VP; Head of Business Communications, MetLife Asia General Manager President & Managing Director Head of Corporate Affairs General Manager - Supply Chain Associate Director, Strategic Development Head of Corporate Communications Manager, Illicit Trade Strategies & Prevention Group General Manager Director Partner, Consulting - Technology and Management Director, Consulting - Risk Advisor Director Global Account Manager Economic Secretary APAC CEO Artistic Director Founder Sales Executive Corporate Account Manager Sales Manager CFA, Head of Portfolio Review, Asia Manager, Business Development Manager, Talent Acquisition Asia Pacific Business Development Manager General Manager of Overseas Business

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COVER STORY

Forging & Branding a New Position AmCham proposes key measures in response to the consultation of Chief Executive Carrie Lam’s inaugural Policy Address, emphasizing innovation, collaboration and China’s economic initiatives. The Chamber is optimistic that Hong Kong’s new leadership will forge ahead with fresh development, incorporating China’s major economic pillars and the city’s unique position

By Kenny Lau

commitment of support, Hong Kong can capture fresh economic opportunities, but it will require a clearly defined, long-term strategy, AmCham advocates in a position paper submitted to Chief Executive Carrie Lam.

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pon the 20th anniversary of returning to Chinese sovereignty and a new administration, Hong Kong has much to celebrate in 2017 as the world’s freest economy under “One Country, Two Systems.” More importantly, riding on China’s “resolved, firm and strong”

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In proposing specific policy measures, AmCham is of the view that Hong Kong’s future is dependent on technology, innovation and collaboration as a regional and global partner. Under a new wave of major initiatives – including China’s Belt & Road, Greater Bay Area as well as a general direction in smart city development – Hong Kong is encouraged to strive beyond logistics, trade and conventional finance in charting a new course of growth.

AmChamHK 8-9 • 2017

Financial services Despite Hong Kong’s unique position and strong foundation in the rule of law, freedom and tax efficiency, fewer multinational corporations are operating in the city today. Only by strengthening its financial services sector, connecting its markets with China and extending its coverage across Asia can Hong Kong become a destination of choice among MNCs and international start-ups alike, AmCham believes.

So far, qualified foreign institutional investors (QFIIs) in Hong Kong have had insufficient access to China’s bond and equity markets because of existing quotas in place. As such, Hong Kong would benefit hugely from an unrestricted flow of investment capital by working with the Chinese government on a two-way channel free of quotas.

The launch of “Stock Connect” and “Bond Connect” between Hong Kong and the markets of Shanghai and Shenzhen has been critical to the expansion of financial links with China. The program, however, remains limited due to a range of unresolved issues. In fact, many are keen to see more products (e.g. ETFs) and further negotiation by the government regarding requirements for retail investors.

Likewise, the China-HK Mutual Recognition of Funds (MRF) is another important initiative providing access to China’s capital markets. For the first time, non-Chinese providers will be able to offer their funds directly to China’s private wealth market worth US$18 trillion without a local provider. Again, there are remaining issues (regarding distribution arrangement, account opening and foreign exchange) pending further adjustment.

Furthermore, Hong Kong can serve as a regional hub of asset and wealth management by joining the Asia Region Funds Passport, a multilateral framework in which Australia, Korea, Japan, New Zealand and Thailand are participating economies. It will allow Hong Kong to grow its industry of managed funds and promote sustainable economic development by facilitating the region’s savings toward productive investment.

Innovative economy Hong Kong has cultivated a reputation as an early

AmChamHK 8-9 • 2017

advocate and adopter of “smart city” technologies that simultaneously promote sustainability, public health and social welfare. Yet, an innovative economy goes beyond technology. There is a cluster of tangible as well as intangible assets, including – but not limited to – talent development, inclusiveness and diversity as well as environmental policy (which are all AmCham’s priorities).

With respect to technology, Hong Kong is well positioned to be a fintech leader. Crucially, it is a growing industry which could help the city stay competitive by becoming an international platform for tech developers and a hub connecting individual markets in Asia with the globe. The city’s ambitions, evident in the recommendations made by a government steering group, are shared by the Chamber.

Earlier this year, AmCham launched a subcommittee to support the government in promoting fintech development and suggested that Hong Kong work closely with key industry players and other governments to develop a vibrant market in Asia. The Chamber believes it will require a well-thought out position and an effective communications strategy to garner public support.

Despite a talented and creative population of youth, talent development remains a roadblock in the drive towards an innovative economy. AmCham has repeatedly stressed that education in Hong Kong should foster a workforce with a high standard of language abilities and multi-dimensional skills to think and act creatively. Above all, a fundamental mindset change is required to make education a dynamic process in today’s knowledge-based economy.

Moreover, Hong Kong’s talent pool is undermined by the current immigration policy of excluding same-sex couples who are legally married in a foreign country from obtaining dependent visas and resident status. It is therefore difficult for companies to recruit and retain the best talent for the city’s business community unless government policy dictates otherwise - an inclusive policy which should also support local ethnic minority and students with special education needs (SEN).

While Hong Kong’s air quality has improved in recent years, AmCham continues to call for stronger cooperation with Guangdong on reducing emissions from ships in transit and in port, coupled with a focus

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Forging & Branding a New Position – A proposal of key measures in response to CE Carrie Lam’s upcoming Policy Address

  Purpose: To make HK attractive to foreign investment/talent

  Strength(s): Rule of law, freedoms, efficient government Mission: To map out future economic development Suggestion: Promote greater innovation via a proactive approach, e.g. incentives

Suggestion: Work towards clean air, electric vehicles, smart buildings

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 





 

Purpose: To complement HK’s global financial role

Purpose: To maintain HK’s success as a global hub

Suggestion: Adoption of best practices of advanced economies

Emphasis: Talent, infrastructure, tech, linkages with China

   Purpose: To increase reciprocal market access Emphasis: Distribution, account opening, foreign exchange

  Purpose: To remain as China’s premier offshore center Suggestion: Protect free flow of financial services between HK and Mainland China

  Purpose: To expand HK’s capacity of wealth management Suggestion: ASEAN to support ARFP membership



 Purpose: To broaden investor access to China Emphasis: Trade settlements, taxation, cross-border investment

 Purpose: To connect HK with Shanghai, Shenzhen Suggestion: Offer more financial products such as ETFs

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AmChamHK 8-9 • 2017

 

 Purpose: To allow HK to play a role in professional services

Purpose: To create a mega economic zone among 11 PRD cities Suggestion: Encourage further public/private cross-border participation



Suggestion: Institutional arrangement with AIIB

 



Suggestion: Encourage community participation and publicprivate partnerships

Suggestion: Promote electric vehicles, green-project finance

Purpose: To protect the environment, fight climate change

Purpose: To kick-start coherent smart city development

  Purpose: To capture economic growth opportunities

  Purpose: To promote a diversified economy Suggestion: Launch evidence-based regulatory measures

Suggestion: Participation of all industry sectors in smart city development

 

  Purpose: To attract/retain a competitive talent pool Suggestion: Legal recognition of same-sex partnerships and marriages

Purpose: To nurture a talented, creative population of youth

 

Suggestion: Promote learning of inter-disciplinary, multi-dimensional skills

 

Purpose: To facilitate increased FDIs into emerging markets

Purpose: To enhance HK’s soft assets with a dynamic population

Suggestion: Protect free trade and HK’s efficient tax arrangement

Suggestion: Expansion of exhibition facilities, eco-tourism

AmChamHK 8-9 • 2017

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on tackling roadside air pollution through the adoption of electric vehicles. Similarly, Hong Kong should empower individual energy users through the roll-out of smart meters by utility companies as incremental steps to help reduce energy consumption.

Greater Bay Area The recent framework agreement to deepen Guangdong-Hong Kong-Macao cooperation provides great leverage for Hong Kong to attract foreign businesses looking to reach a market combining Macau and nine other mainland Chinese cities. The initiative of creating a Greater Bay Area by connecting eleven cities in southern China should only strengthen Hong Kong’s status as a regional and international business hub, AmCham emphasizes in the advocacy paper.

“One Country, Two Systems” framework. A Hong Kong-driven strategy is of utmost importance to convey a clear direction and message to the international community that the city’s participation moves ahead according to the best interest, values and ethical rules of the people of Hong Kong.

Belt & Road AmCham applauds the Hong Kong Monetary Authority’s decision to establish the Infrastructure Financing Facilitation Office (IFFO) to strengthen Hong Kong’s regional hub status for infrastructure financing.

With the possibility of a regional office of the Asia Infrastructure Investment Bank (AIIB) in the city, HKMA is urged to formulate an institutional arrangement for collaboration between AIIB in Hong Kong and relevant stakeholders.

Hong Kong’s trade in services (e.g. legal, accounting and finance) with Guangdong Province has been growing – and it should expand other services (e.g. asset & risk management, corporate treasury, insurance, media & marketing and higher education) under the concept of economic integration in the Greater Bay Area. An institutional arrangement to facilitate cross-border collaboration with transparency and public participation is critical to motivating community involvement.

Additionally, given Hong Kong’s international experience, it needs to continue working with Mainland China to establish itself as the premier choice for financial, legal, engineering & design and consulting services relative to the initiative. The commissioner is encouraged to engage in regular dialogue with international businesses on the latest trends, policies and opportunities as China moves forward with the unprecedented commercial undertakings.

The Chamber also believes that the city will become a leader under the initiative if it develops a proactive strategy maximizing its unique position provided in the

An open society with free speech and press freedom, diverse culture and intellectual property protection, Hong Kong has historically had a particularly advantageous position internationally: a mix of creative media, digital media marketing, branding services and advertising industries. Within Asia, Hong Kong is strongly placed to witness a boom in the region following the globalization of Chinese businesses under new Belt & Road initiatives.

However, Hong Kong faces fierce competition in the era of globalization and needs to vocally celebrate, protect and grow its regional status of international commerce to capture business opportunities, particularly in the Greater Bay Area and along the Belt & Road markets. A thoughtful, comprehensive strategy is key to overcoming the challenges of public support and international recognition for Hong Kong as it continues to prosper under “One Country, Two Systems.”

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AmChamHK 8-9 • 2017

CHAMBER NEWS

Villy Leung Villy Leung, Director of Events & Marketing at AmCham, shares career advice and her love of travel

By Jennifer Khoo

What were you doing before you joined the Chamber?

I worked in the Customer and Marketing Division at The Hong Kong Jockey Club.

Tell us more about your role at AmCham. What do you like most about it?

As Director of Events and Marketing, I oversee the Chamber’s annual signature events, such as the China Conference, the Women of Influence Conference and the Annual Ball. In addition to these, our team

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conducts over 300+ breakfast and lunch events in collaboration with 25 different industry focus committees from over 500+ multinational corporations, to deliver the latest industry insights and trends to our members. Our department also provides a platform for AmCham members and government bodies to meet; we regularly host government relationship meetings and luncheons, as well as high-level CEO round table events.

AmCham is an international business organization with an open-minded environment and friendly staff. It is a place that can make miracles happen.

AmChamHK 8-9 • 2017

What are some upcoming projects the Events team is currently working on?

At the moment, we are busy preparing for the 14th Annual Women of Influence Conference & Awards taking place on 10th November. This involves receiving nominations and working alongside a judging panel comprised of individuals with respected professional and social status. The next major event to follow that will be the 26th Annual Human Resources Conference in December. It will be a busy fall and winter period!

“It is extremely satisfying when your clients buy into the original concepts and strategies you have created for them.”

- Villy Leung Director, Events & Marketing

What advice do you have for anyone considering a career in Events and Marketing?

This industry is suitable for anyone with a passion for creativity and challenges. You will need to enjoy meeting new people and building concrete relationships with your business partners. At AmCham, we do this by offering valuable sponsorship opportunities to our members, along with other value-added marketing strategies. This industry is also great for people who love to plan from scratch; it is extremely satisfying when your clients buy into the original concepts and strategies you have created for them.

Marketing is a long-term game. You can’t expect to see instant results, but there is great contentment in a successful final outcome. My job requires continuous trial and error, as well as a positive mindset to compete in the market. If you are the kind of person who enjoys bringing fresh ideas and surprises to others, with an attitude that “nothing is impossible,” definitely consider this career!

AmChamHK 8-9 • 2017

What do you like to do in your free time?

I love to travel to different countries. Travelling inspires me to come up with fresh ideas, as exposure to new nations and horizons broadens my perspective and strengthens my capacity for creative and strategic thinking. It exposes you to a continuous learning process, as every day, something new is happening on the other side of the world.

The entire travel process - starting from researching your destination to gradually becoming familiar with it - is a fun way to polish your analytical skills.

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Where is home for you?

I was born in a town famous for hot springs; it’s about a 2-hour drive from Sanya in tropical Hainan. I moved to Hong Kong with my family when I was a kid.

Favourite thing to do in Hong Kong?

Hiking, BBQ, bowling and coffee tasting.

What is something people would be surprised to learn about you?

That I can make Korean red ginseng kimchi and Cantonese puff pastry egg tarts.

C

If I wasn’t a business leader, I would be…

A playgroup teacher.

M

Y

Name: Fion Yau Job title: Head of Research Company: HamptonTCI Limited Industry: Executive Search and Private Equity Advisory AmCham member since: May 2017

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What was your first ever job?

I was an external auditor at Deloitte Hong Kong.

CM

MY

CY

Favourite piece of advice (work-related or otherwise)?

Hire for personality and attitude, then train for skill.

CMY

K

Outside the office, what can we find you doing?

Participating in cooking classes.

Name something on your bucket list.

Parachute jumping.

What attracted you to AmCham?

The Events and Leadership Forum.

Which AmCham event are we likely to find you at next?

Securing Boards buy-in for Digital Transformation and Next Gen AI.

AmChamHK 8-9 • 2017

AmCham Member Referral Campaign 2017 Wa nt to int ro d u c e s o m e on e to t h e Am C h a m n e t wor k?

Refer a new corporate member from September 1 to December 31, 2017 and receive one of these guaranteed rewards

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Contact us today Submit referral details to: Ms. Michelle Chow mchow@amcham.org.hk (852) 2530 6925 Terms & Conditions apply, deatils: www.amcham.org.hk Free vector art via www.Vecteezy.com

GOVERNMENT RELATIONS

Chris Patten

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AmChamHK 8-9 â&#x20AC;¢ 2017

One Country, Two Systems: 20 Years and Beyond Hong Kong remains a great city and one of the freest in the world, but it’s important that the community should talk to one another and make sure that other countries take an interest in how Hong Kong develops, former colonial governor Chris Patten suggests

By Kenny Lau

A

lthough “One Country, Two Systems” was once thought to be an oxymoron, it was a “sophisticated” formula to solving a problem of sovereignty under extremely difficult circumstances on both sides in dealing with the handover in 1997, said former colonial governor Chris Patten at a recent AmCham luncheon.

“On the Chinese side, Hong Kong represented the memory of humiliation in the 19th century when colonial powers behaved so intolerably in China, and Chinese leaders had seen for years thousands and thousands of people leaving China to get to this outpost of colonial approach during and after the Mao era,” he reflects.

“The issue for Britain was how it would do so without ever consulting the people of Hong Kong. It capsulated a moral dilemma,” he adds.

“Perhaps we never did enough to [secure] some of the freedoms which are still a matter of contention. ‘One country, Two Systems’ was an extraordinary concept for enabling Britain and China to do what history dictated we had to do in a fair way.”

The transition, however, has gone “more smoothly” in the early years after 1997 than in the last few years. “I hope it isn’t just the passage of time. Some suggest it is because of the spectacular Chinese economic growth that Hong Kong perhaps doesn’t matter as much to China; others say it is related to the general crackdown on dissidents on the mainland.”

AmChamHK 8-9 • 2017

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The way forward “Hong Kong will continue to be a free society and have freedom under the rule of law; it will continue to have growing accountability and a clean public [civil] service so long as people in Hong Kong want that,” Patten believes. “Hong Kong is a Chinese city but a Chinese city with a great sense of what it means to be here.”

“People in Hong Kong understand that there is a real relationship between the rule of law and what makes commercial life so successful and [allows for] freedoms associated with [Hong Kong] citizenship,” he explains. “It doesn’t make them less Chinese or any less patriotic.”

“If ‘One Country, Two Systems’ is to survive, people should understand what Hong Kong’s system means. It is about fairness, decency, dialogue and solidarity – things which knit a society together. The extent to which people are shouting rather than talking today is disturbing, and I don’t think that is very helpful.”

“It would also be a bad idea to turn the argument for democracy into an argument in favor of independence,” he adds. “It is provocative and it dilutes support for a democratic course. I don’t think that the question of Hong Kong not being part of China should come into play. The international community isn’t going to support it, and most people in Hong Kong would find it difficult to support.”

Patten suggests the world should take an interest in Hong Kong because “it gives you a good indication of

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what might happen with other international obligations that China has undertaken. Hong Kong will be a very good test case…if you resile once, people aren’t going to trust you anymore. The British have a particular responsibility to show an interest because of the Joint Declaration and shouldn’t just expect other people to do it.”

The role of the United States The United States and China are key to the future of this century, Patten believes. “The world has become a more peaceful and prosperous place in the past 60 years thanks primarily to American leadership. It is inconceivable that the United States won’t understand it needs to develop a better, warmer and more effective and honest relationship with China.”

“And I hope China feels the same way about trade – an issue which will affect Hong Kong,” he says. “It would be a disaster if a disagreement on trade turned into outright protectionism. The way we have tackled this in the past is by having rules and international agreements which make certain that everyone plays the game in the same way.”

“To an astonishing degree, America is probably the only great power in the history of the world which has been prepared to accept the rules that apply to everybody else as well,” Patten points out. “It is an extraordinary thing and particularly noticeable after the Second World War.” “Overall, Hong Kong remains a great city and one of the freest in the world,” he reiterates. “Perhaps it’s bad luck but true that Hong Kong is absolutely at the crossroads of many issues. So, it’s important that the community should talk to one another and make sure that other countries take an interest in how Hong Kong develops - giving credit to China as it does so.”

AmChamHK 8-9 • 2017

CHINA BUSINESS

China Conference 2017:

China's Globalization Leap

As China's globalization drive continues with the rapid rise of Chinese brands and tech companies as well as massive infrastructure and development plans across the region, AmCham invites panels of experts to discuss the changing landscape of business and what it means for Hong Kong

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AmChamHK 8-9 â&#x20AC;˘ 2017

Platinum Sponsors

Gold Sponsors

Silver Sponsors

Bronze Sponsors

AmCham Vice Chairman Jack Lange delivers his opening remarks.

AmChamHK 8-9 â&#x20AC;˘ 2017

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U.S.-China Diplomatic Power Play

By Kenny Lau

N

orth Korea has been a key reason for a “friction-laden” U.S.-China relationship in the Trump-Xi era, but “negotiated cooperation” is the wisest path forward, says David M. Lampton, Professor at Johns Hopkins University School of Advanced International Studies. “China is a competitor but not our biggest threat.”

“President Trump initially put several contentious issues with China on a back burner, hoping to achieve North Korea’s denuclearization…by making it worth Beijing’s while to apply the necessary pressure,” he points out.

“When it failed, issues including the South China Sea, tariffs, weapons sales to Taiwan, tightening of technology and investment flows, and secondary sanctions on Chinese institutions and individuals once again gained prominence.”

Instead, Washington should focus on three primary policy areas: economic power in Asia, reciprocity with China and, of course, North Korea, Lampton suggests. “The very first necessary step for America, however, is to get its domestic house in order. If we fail, America’s national competitiveness, moral standing, and ability to coherently act globally will continue to leech away.”

He believes it is time for Washington - in David Lampton consultation with its South Korean and Japanese allies - to consider acknowledging that North Korea has a nuclear deterrent and to deter the use of these capabilities as Washington did with the USSR and China, even though it might encourage others in Asia to obtain their own nuclear deterrent. And, for Beijing, nuclearized peace on the Korean Peninsula is preferable to war.

Economically, a core question for Washington is how the United States can “shore up” its capacities and

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contribute to the balance of power in the region, Lampton stresses. “U.S. economic presence in Asia is not where it needs to be, and it weakens U.S. capacity to maintain balance. America needs its companies, development agencies, allies and friends, and international multilateral organizations to participate.”

“America should become more involved in the construction of regional infrastructure and collaborate to foster linkages that are not just North-South but also East-West across the wider Asia Pacific,” he adds. “If we don’t want Asia to become a sphere of one power’s influence, we must build more vigorous actors into that regional network.”

As China continued to grow from global trade, it also became “increasingly outward-vaulting, taking advantage of openness elsewhere without reciprocally opening itself where foreigners were competitive,” Lampton notes.

“The issues of reciprocity and fairness have consequently moved front and center in Sino-American relations.”

“It is, however, one thing to identify inequities and another to find remedies that don’t hurt U.S. interests,” he cautions. “By limiting Chinese investment into U.S. firms, it diminishes domestic U.S. job opportunities. So, it is hard to find ways to enhance reciprocity while feelings of resentment mount. But, ignoring the problem invites extremist proposals at home and contempt by Beijing.”

Washington should understand it will be dealing with an increasingly capable China for the foreseeable future, Lampton says. “The United States would be making a strategic error if it believed China’s outward thrust is destined to fail.”

AmChamHK 8-9 • 2017

Global Push of the China Brand In the first panel of the conference, four China experts discuss how foreign businesses can fit into the country’s globalization plan

By Jennifer Khoo Panelists

On the “China Brand”

• David Frey, Partner of Markets Strategy and National Head of U.S.-China Strategic Corridor at KPMG China • Edward Tse, Founder and CEO of Gao Feng Advisory Company • John Macpherson, Senior Partner in Greater China and North Asia at Control Risks • Felix Zhang, Co-founder and Group Executive Director at Envision Energy • John Dawson, Director/Partner, Artemis Associates (Moderator)

Frey: We need to resist this idea of a monolithic China brand that speaks to the world with one voice. The country is very diverse. But does the idea of a “China brand” even matter? It doesn’t appear to have affected the pace of innovation in China.

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Tse: There has been a gradual shift from China’s “copycat” image to one of innovation and tech over the last decade. This new era is epitomized by the confidence of Chinese entrepreneurs and the country’s growing sophistication.

Macpherson: On the one hand, there is incredible optimism about growth, and many foreign companies still view China as a must-have part of their strategy.

On the other, there is great uncertainty, not just around business matters but also geopolitical affairs.

AmChamHK 8-9 • 2017

Left to right: John Dawson (Moderator), David Frey, Edward Tse, John Macpherson, Felix Zhang

become inspirations for the Chinese, resulting in the likes of Alibaba and Tencent. The “why not me” mentality is very strong in China.

Zhang: The Chinese perception of the American corporate has changed. Today, people care fundamentally about the product, and whether it delivers value to the business and the consumer.

On the risks of China Frey: Despite all the optimism, there are many risks in the Chinese economy. Debt, while certainly a risk, is overplayed in the press to sell newspapers.

Geopolitical risk however, needs to be on the agenda, and business executives should be trained to include this in their corporate strategies going forward.

Zhang: China’s “brand,” which is its culture and its people, has come of age. Sadly, there is still much misinformation about the country that comes from people unwilling to dig a little deeper. There is a lot China can offer the world that people still don’t realize.

Macpherson: Of greater concern than China’s debt levels is the risk of a lack of reform. There is an expectation that reform will be needed at a much greater scale in the years to come, particularly in the financial industry. Will reform for the economy and industry occur at the pace that it needs to occur?

On opportunities in China

Tse: Chinese consumers are growing a lot more sophisticated and they understand a lot more about strategy and business now than they did 20 years ago.

Tse: Chinese businesses have always been interested in benchmarking against the business and management strategies of leading western companies.

But today, more and more Chinese companies are discovering that they have exceeded these benchmarks and are setting their own. This is what is driving blue-sky innovation in China.

Still, the Chinese have carried an admiration for the U.S. for a long time. This deep underlying respect – especially for the power of the U.S. financial sector and Wall Street – is in their blood. Other big American players, such as Google and Amazon, have also

Macpherson: The Chinese are the most prolific users of social media – that is how they get most of their information. This access to knowledge and idea sharing platforms equips people with what they need to drive entrepreneurship and innovation.

On the Chinese perception of American brands

AmChamHK 8-9 • 2017

27

China Going Global

By Kenny Lau

I

n 1993, HNA Group was merely a startup airline on Hainan Island; it has since become one of China’s most prominent conglomerates covering not only aviation but also hospitality, tourism, real estate, retail, finance, logistics, shipbuilding and eco-tech. By 2017, it has taken 170th place on the Global Fortune 500 list with revenues totaling US$53 billion.

“Whenever you need to travel, it can be a headache in terms of booking an air ticket, a hotel room and a car.

What we try to do is provide a one-stop shop to the traveling public,” said James Wang Shuang, Chief Investment Officer of HNA Group and CEO of HNA Group (International).

Deutsche Bank and other tangible assets across the globe.

“In my daily work, I discuss many potential M&A deals – and less than five percent go through,” Wang says. “We certainly don’t have a 100 percent successful rate post-acquisition. About five years ago, we invested in the shipping industry at the wrong cycle point when we thought it’d already bottomed. It wasn’t the case and was a lesson we learned.”

Wang, who is currently based in Hong Kong, joined HNA Group in 2007 upon graduating from university; his first primary function was in aircraft leasing at a time when few people in Mainland China had a thorough understanding of the global leasing business.

In 2011, after the acquisition of a GE Capital subsidiary, he became an assistant president on the commercial side.

The commercial strategy of HNA Group in the past 24 years has primarily been specialization, diversification and globalization. “We’ve built an airline which is doing well; we’ve diversified to hedge against volatilities; and, we’ve invested overseas to bring about synergy and cost saving across our business lines,” Wang says.

James Wang, right, with moderator Tara Joseph

“One reason we are quite confident is because we are a global conglomerate,” he reasons. “Our assets overseas make up 40 percent of the group’s portfolio; 60 percent of revenue come from overseas; 75 percent of our employees are overseas. In terms of revenue, we are a U.S. company; in terms of employees, we are a European company; but we are originally from China.”

HNA Group has made several news headlines in recent years because of a host of large-scale, high-profile mergers and acquisitions, including a record-breaking land purchase in Hong Kong, a 10 percent stake in

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“If we can’t find value in an industry, we’ll try to quit as quickly as possible. Shipping is a good example,” he adds. “If we think an industry has potential, we’ll try expand our business there very fast by organic growth or acquisition…although we’ll likely slow down a little bit in M&As because of uncertain economic and political conditions worldwide.”

Regarding the ownership structure of HNA Group, “we’ve issued an open letter at the end of July about our shareholders,” Wang stresses. “The reason we want to be transparent is that we have nothing to hide. And we are happy to make ourselves more transparent in the future.”

AmChamHK 8-9 • 2017

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The Greater Bay Area and Hong Kong Opportunities In the day’s second panel, four industry leaders consider the opportunities and challenges facing international businesses in China’s Greater Bay Area

By Jennifer Khoo

Panelists • Tony Chan, President of Hong Kong University of Science and Technology • Emily Kong, Managing Director at Cisco Services, Asia Pacific Japan China, Cisco Systems, Inc • Richard Lancaster, CEO at CLP Holdings Ltd • John Siu, Managing Director in Hong Kong at Cushman & Wakefield • Robert Grieves, Founder and Chairman of Hamilton Advisors Limited (Moderator)

Chan: Shenzhen is the Silicon Valley of China. But the Greater Bay Area (GBA) is much larger than just Hong Kong and Shenzhen. Its other cities, such as Dongguan and Guangzhou, are all thriving. Shenzhen is out of space! Even Huawei has moved much of its manufacturing operations out of Shenzhen into Dongguan.

Talent hoping to work in the GBA will be attracted to studying in Hong Kong, and the city will also have greater access to research support in mainland China.

Kong: I encourage people to see past Shenzhen in terms of the GBA’s potential. Guangdong province alone represents 100 million of China’s population and 13 percent of China’s total economic output. We are talking about 11 cities, not just Hong Kong and Shenzhen but also Macau, Guangzhou, Dongguan, Foshan, Zhongshan, Zhuhai, Huizhou, Jiangmen and Zhaoqing.

The Pearl River Delta cities are estimated to generate a total of USD4.6 trillion dollars by 2030, which really isn’t that far from now. At that point, the region will have surpassed even New York and Tokyo.

GBA also provides opportunities to build an ecosystem for a smart city.

Lancaster: Interconnectivity with the GBA will bring benefits to Hong Kong where energy is concerned.

In the future, there will be a shift from traditional to

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AmChamHK 8-9 • 2017

Left to right: Robert Grieves (Moderator), Tony Chan, Emily Kong, Richard Lancaster, John Siu

data-oriented industries, and there is concern over how these industries will be powered in the future.

Requirements will be different: quality of power needs to be clean and almost 100 percent reliable, with no disruptions. Having access to Guangdong’s energy system provides a backup for Hong Kong should its own fail.

As for space, the ability to access and manufacture clean energy is not possible in high density areas.

Housing, hospitals and schools are all competing for Hong Kong’s limited land. Operating renewable energy plants in the GBA will help to keep this form of energy affordable.

Siu: Infrastructure improvements between Hong Kong and GBA will enhance flows of goods and people in the next few years. A shorter commuting radius will encourage Hong Kong students and professors to work in Shenzhen, where prospects of attracting investment capital for their projects are higher.

AmChamHK 8-9 • 2017

Infrastructure improvements will also stimulate demand for local real estate, particularly in Hong Kong’s New Territories. People working in Qianhai, China’s new CBD, will want to live close to the border following the physical connection.

Chan: The biggest challenge facing Hong Kong’s capitalization of the GBA is the culture and mindset of Hong Kong society. Specifically, the lack of confidence that “we can do it.” Traditionally, Hong Kongers have been more risk averse to innovation and technology related careers, favoring instead more “stable” professions. The cultural stigma towards risk and failure will take time to change, and we need to get innovation culture out of universities and into society.

Other challenges include politics and immigration policies. Will One Bay, Two Systems work? We also need to simplify the border crossing to make going from Hong Kong to Shenzhen more like going from San Francisco to Silicon Valley.

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AIIB: A Bridge of Infrastructure Finance

By Kenny Lau

T

he Asian Infrastructure Investment Bank (AIIB) was established for the same reason as any other multilateral development bank: to address the need for infrastructure development among emerging economies in the 21st century, says Joachim von Amsberg, Vice President (Policy and Strategy) at AIIB, during a speech at the China Conference.

The paradox, however, is that “you have asset managers sitting on tens of trillion of dollars, some yielding zero or negative returns; yet, very little flows into infrastructure even though they are perfectly suitable to insurance companies and pension funds as a form of reliable, long-term investment. The supply and demand, however, aren’t coming together. Our job is to fill that huge gap of unmet needs.”

“Infrastructure is about connecting people to services, jobs and markets within a city, within a country and across different countries,” he says. “Infrastructure is critical to the functioning of economies as a driver of development. China, which has invested heavily in large-scale infrastructure projects, represents that role like no one else, and it led to the idea of a new bank in 2013.”

Since the mid-1940s, multilateral development banks – including the World Bank, Asian Development Bank, International Monetary Fund and others – have been the backbone of infrastructure development. “The challenge, though, is that the world has outgrown their balance sheets,” says von Amsberg. “And it’s been difficult to adjust how they are set up according to the current economic conditions.”

The demand for infrastructure development globally is estimated to be US$90 trillion over the next 15 years (current stock is roughly US$50 trillion), von Amsberg notes. “That’s US$6 trillion every year and two additional infrastructure worlds in the next 15 years.

Much of it will be in emerging Asia where 1.5 million people will move to cities every week until 2050. That’s one Hong Kong every five weeks. Think about what it means for infrastructure development.”

In 2016 AIIB opened its doors, with 57 founding members and US$100 billion of committed capital, but was also greeted with “skepticism, concern and suspicion,” he continues. “In our negotiation with European countries, we formed a set of basic principles on genuine multilateral decision-making and high-quality standards so that projects would represent international best practices.”

“We’ve set ourselves three priorities: sustainable infrastructure, cross-border connectivity and mobilizing private capital. We’ve received triple-A ratings from the three rating agencies. We’re also keen partners with other MDBs. We’re also different from China’s Belt & Road (OBOR) which is an initiative about connectivity. We’ll review those projects with the same level of due diligence, and we’ll finance many others that have little to do with OBOR.”

Joachim von Amsberg

32

Hong Kong as a member of AIIB is poised to play a critical role in moving the agenda forward, von Amsberg believes. “Hong Kong is one of the few places with a critical mass of key players in an ecosystem of project developers, investors, financial advisors, lawyers, consultants and global banks. And, just like other eligible countries, both Japan and the U.S. are most welcome to join us.”

AmChamHK 8-9 • 2017

China’s Growing Market

By Kenny Lau

T

he recent sale of U.S.-based Massachusetts Mutual Life Insurance’s Hong Kong and Macau insurance units to Yunfeng Financial Group, a Chinese investment company listed in Hong Kong, is a strategic decision on both sides, Eddie Ahmed, Chairman, President & CEO of MassMutual International LLC, said in a dialogue moderated by Pete Sweeney, Asia Editor of Reuters Breakingviews.

“For us, this is a way to participate in the growing wealth of this region, particularly Chinese wealth coming to Hong Kong. For Yunfeng, it will be a wealth management platform with a fintech angle,” he says. “As we sell our business, we’ll take a 24.8 percent stake of their listed company, and we’ll be sitting on the board and helping them grow in many ways.”

As of late, as China has become concerned about capital flight out of the country, insurance products have come under regulatory scrutiny as a form of high-risk, high-return investment. “It raised concerns with regulators and rightly so because many were extremely aggressive in attracting that capital,” Ahmed points out.

“What you need is to make sure that it is a legitimate flow of capital.”

“Insurance can be both a policy against something and an investment because it pays dividends,” he explains.

“But the underlining basis must be about protection.

Clearly, when you sell an investment product, you’ll have no choice but to make [high-risk, highreturn] investment yourself to pay off the obligation at some point.

Regulators are right to say that it doesn’t make sense.”

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Today, China is the The insurance industry is fastest growing insurance also bound for another market in the world but revolution amid growing also a market where technology, Ahmed says. foreign ownership is “Partly because of the limited. “It is impossible financial crisis, banks not to want access to the have already had such a China market, and there disruption where they Eddie Ahmed, right, with moderator Pete Sweeney is less of an argument had to think differently today to protect Chinese about how they reach firms from foreign companies,” Ahmed believes. “Even if their customers. We’ll have a similar disruption, you open the market substantially over night, local players particularly when it comes to offering insurance will continue to be extremely successful.” products online.”

“And how you want to open the market will depend on what product you want in your market, what innovation your market would benefit from, and whether your market of retirement services is robust enough to not open it up to other players,” he adds. “This becomes an even more important question when you have an aging population. Retirement services and life insurance products are very interlinked.”

34

Algorithmic underwriting is a direct result of having digitized every single piece of insurance-related, demographic-specific data collected over the past decade and making use of machine-learning to create mortality, mobility and longevity models. “We are now able to approve or disapprove an online application within 20 minutes. Every time we get an application, the machine learns more.”

AmChamHK 8-9 • 2017

CMY

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TRADE & INVESTMENT

Introducing

Qianhai Shenzhen’s new special economic zone has been touted as the “Next Hong Kong,” but its intention is to collaborate, not compete

By Jennifer Khoo

Photos provided by Qianhai International Liaison Services Limited

36

AmChamHK 8-9 • 2017

CGI renderings of Qianhai

A

t the mouth of the Pearl River Delta in Shenzhen just west of its border with Hong Kong, preparations for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (“Qianhai”) are underway.

Backed by the might of the Chinese Central Government, ministries and regulators, Qianhai is a commercial development that aims to facilitate greater collaboration between Shenzhen and Hong Kong via mutual flows of capital, talent and information between the two cities.

AmChamHK 8-9 • 2017

Planned for completion by 2020, the area also hopes to become a pilot zone for cross-border RMB business innovation and a free trade hub for the 21st Century Maritime Silk Road. Even its location - close to two international airports, and within a one-hour commuting radius of the Pearl River Delta and a half-hour of Hong Kong - is strategic.

“Qianhai is delegated to implement financial reforms, to create a favorable financial environment, to optimize its financial infrastructure and to attract an array of investments from global financial institutions.

37

Since 2010, Qianhai has also lowered the entry requirements for Hong Kong’s financial service providers and introduced a number of attractive schemes to promote cross-border investment activity.

In 2013, the pilot program for Foreign-funded Equity Investment Enterprises in Shenzhen was launched to allow government-authorized Qualified Foreign Limited Partners (QFLP) to invest in non-listed domestic enterprises. Shortly after, in 2014, the Qualified Domestic Investment Enterprise (QDIE) scheme was implemented, allowing domestic investors to make overseas investments through a regulated pilot channel.

In addition to the financial services industry, Dr. Hung says Qianhai will provide support and financial backing to businesses in the logistics, information services, technology & professional services and creative industries, with the goal of establishing the area as a “cluster for the modern services.”

Qianhai is also committed to creating the right conditions for economic growth, such as a just legal framework, a transparent supervision mechanism and an open and fair business environment, says Dr. Hung.

It will do this through the operation of three platforms: the Shenzhen Court of International Arbitration (SCIA), the Qianhai Tribunal and the Qianhai Anti-Corruption Bureau.

It aims to become one of the top entry points into China,” says Dr. Witman Hung, Principal Liaison Officer for Hong Kong Shenzhen Authority and a leading spokesperson on the subject.

Clever schemes To reach its development goals, which include attracting 650,000 talents and nurturing more than 100 Hong Kong-funded startups into innovative market leaders by 2020, Qianhai will need more than luck and good publicity.

Various special policies and incentives, such as capital support and tax benefits, are already being rolled out to attract foreign investment to the free trade zone.

38

AmChamHK 8-9 • 2017

All activity in the free trade zone will be accountable to the Shenzhen Court of International Arbitration (SCIA) and the Qianhai Tribunal, which is partially made up of mediators and jurors sourced from Hong Kong. The Qianhai Tribunal pioneers in the permission of using Hong Kong laws for commercial disputes that involve Hong Kong-related parties. Jointly-operated Hong Kong and mainland law firms are also permitted to serve in the area.

The Qianhai Anti-Corruption Bureau, established in 2013, will maintain the transparency and credibility of government services. Efficiency is also a key goal; the availability of various e-services and shorter processing times are expected to make administrative tasks more straightforward for Hong Kong and foreign investors.

worth of investment in its fixed assets. 143,200 companies have already registered in the free trade zone, of which 4,603 are Hong Kong-funded enterprises that contributed over RMB5.94 billion (US$910 million) in tax revenue as at the end of June.

Tempting as it may be to compare the two, Dr. Hung stresses that the Shenzhen free trade zone isn’t trying to compete with Hong Kong; it is there to enable and accelerate collaboration between both cities, particularly with regards to cross-border finance.

“Through Qianhai, Shenzhen and Hong Kong can create magical synergy for their twin-city co-development,” he says.

Seeing the synergy In the first half of 2017, Qianhai amassed roughly RMB16.33 billion (US$2.5 billion) Dr. Witman Hung

“Through Qianhai, Shenzhen and Hong Kong can create magical synergy for their twin-city co-development.”

- Dr. Witman Hung, Principal Liaison Officer for Hong Kong Shenzhen Authority

AmChamHK 8-9 • 2017

Qianhai Shenzhen-Hong Kong Youth Innovation Hub

39

Summary of Qianhai’s Special Policies and Incentives Lowered entry barriers for Hong Kong investors Qianhai has waived the minimum capital requirement of RMB5 million exclusively for Hong Kong investors. In addition to the Closer Economic Partnership Arrangement (CEPA) framework which it already applies, Qianhai has further loosened the requirements of certain industry-related licenses for Hong Kong investors, such as the license for e-commerce platforms and the financial licenses for QFLP, financial leasing, fund management JV and securities JV. Tax incentives Under Qianhai’s Catalogue of Enterprise for Income Tax Preferential Program, businesses in any of the five focus industries (finance, logistics, information services, technology & professional services and creative services) will be entitled to a reduced corporate income tax rate of 15%, compared to the 25% charged in most other cities in the Mainland.

service industries (logistics, information services, technology & professional services and creative services) in the form of cash reward, loan interest subsidy, equity investment or industrial funds.

The limit for each funding application is RMB20 million (US$3.1 million) for innovative headquarters, RMB2 million (US$310,300) for Hong Kong funded enterprises and another RMB20 million (US$3.1 million) for innovative projects related to the four aforementioned service industries. Approval of fund applications will be conducted annually on a case by case basis.

Other benefits Qianhai offers low-rent housing, start-up funding and overseas certificate recognition to foreign talent, and supports expats in their acquisition of Chinese “green cards.”

Tax benefits will also be given to individuals who satisfy the requirements of the Interim Measures on Individual Income Tax Subsidies for Overseas High-end Talents in Short Supply in Qianhai. Qualified talent will be granted financial subsidies by the Shenzhen government, enabling their individual income tax to be capped at 15%.

Quest for innovation Government funding is available for Qianhai-registered innovative companies in finance and the four modern

Special Zone Pavilion

40

AmChamHK 8-9 • 2017

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MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

Asian Tigers Mobility 17th Floor, 3 Lockhart Road, Wanchai, Hong Kong

Company History / Activities Asian Tigers Mobility provides international relocation solutions. Our comprehensive, point-to-point mobility services will meet your transferee’s relocation needs.

Established in 1974, we have 33 offices in 14 countries, more than 1,500 dedicated professionals, and a global network comprised of the very best moving and relocation companies in the world. We get the right people to the right places at the right time-every time. We are dedicated to your success by ensuring the smooth transfer of your transferees.

Our vision:

To be the most admired international relocation company.

Our mission:

To devote our full energy and attention to helping families relocate.

Core values:

Honesty, integrity, respect and professionalism.

We are accredited by respected international organizations including Worldwide Employee Relocation Council (ERC), the International Federation of International Movers (FIDI), Overseas Moving Network International (OMNI) and ISO. The quality of our services is the core of our success.

Give us a call, we are your relocation specialists and will provide a stress-free relocation solution.

Moving Services Insurance coverage Relocation services Contact Person / Title

Tel Fax Email Website

44

International, local and office moving, long & short term storage Yes Visa & Immigration, Home Finding, Settling-in, School Search, Departure Services YB Ng – Senior Vice President, Sales & Marketing, Hong Kong Timothy Tao – Director, Business Development (852) 2528 1384 (852) 2529 7443 info@asiantigers-hongkong.com www.asiantigers-mobility.com

AmChamHK 8-9 • 2017

Bupa Global 18/F Berkshire House, 25 Westlands Road, Quarry Bay

Company History / Activities Bupa Global offers world-class international private medical insurance for those who want the highest level of cover available within Bupa, backed by 40 years of in-house medical expertise.

Premium medical protection wherever you go

At Bupa Global, we offer globally minded customers access to appropriate medical care and exceptional coverage, whether at home or away, through our worldwide network of 1.2 million expert medical providers and 7x 24 multilingual hotline support. You may also be able to transfer cover between countries.

BUPA GLOBAL

THE NEXT LEVEL OF PRIVATE MEDICAL INSURANCE

Good is having health insurance in Hong Kong

Why choose our global health plans?

We have a comprehensive range of health plans to suit your needs and budget with annual cover limits ranginig from USD 3 million to unlimited. It can be a great complement to your existing corporate insurance as a top-up and provide extra protection for you and your family.

Discover the wealth of health benefits that can include: • • • • • • • •

Global coverage with in-hospital and out-patient care Maternity cover Two children cover at no extra cost, subject to underwriting Treatment for cancer and other serious illnesses, as well as rehabilitation Pre-existing, chronic, congenital and hereditary conditions Doctor referral service and Second medical opinion Evacuation – if emergency treatment isn’t available locally, we’ll get you to where it is Wellness cover such as health screening, dental and optical check-up

Contact our advisors to learn more about premium medical insurance today.

BETTER IS… Access to the best available private care when and where you need it most.

Tel Email Website

(852) 2531 8502 globalplanhk@bupa.com bupaglobal.com

BUPAGLOBAL.COM

Bupa Global is a trading name adopted by Bupa (Asia) Limited in relation to its portfolio of International Private Medical Insurance products and services in HKSAR. Bupa (Asia) Limited is authorised and regulated by the Hong Disclaimer Authority.

The plans are insured by Bupa (Asia) Limited and administered by Bupa Global. Bupa Global is a tradingKong nameInsurance adopted by Bupa (Asia) Limited in relation to its portfolio of

International Private Medical Insurance products and services. Bupa (Asia) Limited is authorised and regulated by the Hong Kong Insurance Authority. The above information is intended as a general summary. It is for reference only and is not an offer for subscription of any insurance product. The policy may contain terms and conditions which are not detailed in the above.

AmChamHK 8-9 • 2017

45

MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

Crown Relocations Crown Worldwide Bldg, 9-11 Yuen On St, Siu Lek Yuen, Shatin, N.T., Hong Kong

Company History / Activities Crown Relocations provides transportation, destination and immigration services, as well as employee and family support, to assist people relocating internationally or domestically.

Crown's people understand the excitement and anxiety of relocating, whether it's the corporate challenge of managing globally mobile employees or an individual move for a family.

The respect our teams working all over the world show for you and your belongings is a hallmark of Crown’s service.

During every relocation, Crown provides support, guidance and the personal attention needed to lessen disruption, so everyone involved can focus on the next chapter of their life. Crown takes special care of partners and children, ensuring that no-one feels their concerns are overlooked.

Contact Person / Title

With offices in more than 207 locations, we are ‘there’ for local communities by leading a wide-ranging CSR programs, supporting health, education and welfare. We continually revise our efforts to improve the environmental performance of all our operations.

Tel Email Website Facebook Twitter

Billy Wong, Managing Director Greater China (852) 2636 8399 hongkong@crownrelo.com crownrelo.com.hk facebook.com/CrownRelocations twitter.com/CrownRelo

Cube Self Storage 10/F Lucky House, 3-5 San Ma Tau Street, To Kwa Wan, Kowloon

Company History / Activities Bringing Spacious Living to Hong Kong Cube Self Storage was established in Hong Kong in 2011. Using experience gained in the UK market, we bring over 15 years' expertise in many disciplines to the Hong Kong storage market and offer you a complete range of storage solutions.

From storing personal possessions and corporate records; flexible business warehousing; and specialist storage that requires utmost care, we offer a professional and secure storage service in our climate controlled facilities across Hong Kong to meet every need.

Our experienced and dedicated customer service team offers a FREE On-Site Survey to assess your storage needs and can help manage every aspect of it for you.

We also provide a crate hire service catering to corporate relocations, refurbishments and on site storage.

Contact Person / Title Tel Email Website Facebook

46

Rob Scott, Sales Director Raju Lalwani, Managing Director (852) 2914 2200 cs@cubeselfstorage.hk www.cubeselfstorage.hk www.facebook.com/cubeselfstoragehk

AmChamHK 8-9 • 2017

Lloyden Consultancy Limited Suite 1703-1704, 17th Floor, Tung Chiu Commercial Centre, 193 Lockhart Road, Wan Chai, Hong Kong Tel Email

(852) 2151 8082 info@lloyden.com

SYNERGY Pest Control Room S 08, Unit A, 2/F, Cheung Hing Ind. Bldg., 12P Smithfield Road, Kennedy Town, Hong Kong

Special Features / Amenities Feel itchy in this humid environment? See small bugs and they disappear fast? Why the cockroach & ants are always there and never go away?

Why not check and have the right treatment? Synergy Pest Control is able to do this in a comforting way. Our treatments are environmentally friendly, safe, no mess and logical.

Keep away ant, cockroach, flea, midges, termite and lots more We hire well qualified technician Use only W.H.O. recommend chemicals SYNERGY is working to make life easy BEST RATE GUARANTEED !

Tel Whatsapp Email Website

AmChamHK 8-9 • 2017

(852) 9450 4025 Lee - (852) 5604 3950 works.harmonic@hotmail.com unoisready.wix.com/synergy-pest-control

47

MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

TREE Company Highlight TREE is Hong Kong’s one-stop destination for sustainably stylish furniture and naturally beautiful finishing touches, bringing contemporary design and traditional craftsmanship together to create timeless pieces, from the heart.

TREE’s solid wood furniture collections are crafted from teak, oak or walnut that is lovingly and sustainably sourced, giving each piece a unique story to tell. Alongside furniture solutions for every room, style and need sits an eclectic mix of sofas, sofa beds and handcrafted finishing touches, to help you create a home that’s naturally yours.

We also offer a wide array of services to help you move into your new Hong Kong home with ease, from customising furniture pieces to perfectly fit your space, interior styling to bring your vision to life, to bespoke aftercare so that the eco-chic pieces can last lifetimes.

Address Website Instagram handle

28/F, Horizon Plaza, Ap Lei Chau | 2870 1582 Shop 101-102, HomeSquare, Sha Tin | 2841 8844 116 Man Nin Street, Sai Kung | 2791 2802 www.tree.com.hk @treehk_official

UniGroup Worldwide Moving Units 2612-16, Level 26, Metroplaza Tower One, 223 Hing Fong Road, Kwai Chung, N.T., Hong Kong

Company History / Activities UniGroup Worldwide Moving is the world's largest moving company dedicated to providing expert relocation services to every customer, every time. Built on the heritage of the U.S.' largest and most experienced moving brands - Mayflower and United Van Lines - UniGroup provides expatriates with the unique benefits of a consistent standard of quality and unsurpassed local knowledge on a global scale.

UniGroup Worldwide Moving currently has more than 50 regional offices worldwide and has relocated customers to more than 180 countries. It's that kind of coverage and experience that you can count on for every step of your journey. Whether you're moving across town or across the world, UniGroup Worldwide Moving has the expertise to get you and your belongings safely to your new home.

Contact Person / Title Tel Fax Email Website

48

Joseph Lai – General Manager Sharon Lee, Sales and Pricing Manager (852) 2418 4333 (852) 2428 2881 HongKong@UniGroup.com www.UniGroup.com

AmChamHK 8-9 • 2017

Venture Outsource

Your local partners for Car Leasing Service Car leasing & management expertise - Established since 2006 • Eliminate car procurement; replacement & disposal hassles; • No more worries on car maintenance; breakdown or accident; depreciation; insurance or licensing; • One fixed monthly payment covers all your car expenses • Brand-new or Pre-owned car choices for different requirements & budget; • Fulfill all long term & short term car needs; • Professional; Reliable; Comprehensive; Thoughtful & Friendly services; • Breakdown & accident management; • No hidden cost & capital tie-up; Affordable & easy to handle; • Enjoy a more flexible, peace of mind way of motoring!

Venture Outsource Limited was chosen by the Publisher "Mediazone" to receive the prestigious business annual Awards "Hong Kong Most Valuable Companies Award" for the year 2015. The Awards honor thought-leading companies known for their commitment to their specific industry, focused on adding value to the market; reliability and quality of service; devotion to customer satisfaction.

Tel Email Website

(852) 2882 1666 / (852) 6146 0994 (852) 2781 3525 info@venture-outsource.com www.venture-outsource.com

AmChamHK 8-9 • 2017

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MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

Bebegarten Education Centre Unit 301 – 305, Level 3, One Island South, 2 Heung Yip Road, Wong Chuk Hang, Hong Kong

School Profile Bebegarten Education Centre is a stimulating and nurturing learning space spanning over 10,000 sq. ft. Bebegarten honours and supports children as unique, confident and creative individuals; an inclusive approach, ensuring every child is fully prepared for their next steps and are equipped with the tools which foster lifelong learning.

We offer Playgroups for under 3’s, Nursery-Upper Kindergarten English Courses for 3 to 6 years, Enrichment Education Classes for 1 to 5+ years, Bebeplus Learning Support Programmes for 2 to 5 years, Speech and Language Therapy and Assessments, and Workshops for children, parents and caregivers.

Hours

8:15am to 5:00pm (Monday to Saturday)

Curriculum

Fees

Playgroups (6 to 36 months) HK$1,500 to HK$7,200 per month Nursery and above (3 to 6 years) HK$7,600 to HK$10,000 per month Enrichment Education Classes (1 to 5+ years) HK$1,750 to HK$4,900 per course Bebeplus Speech & Language and Communication Programmes (2 to 5 years) HK$400 to HK$650 per session

Transport

(1) School bus available for Nursery-Upper Kindergarten English Courses, upon certain routes.

(2) Opposite to MTR Wong Chuk Hang station exit A.

Bebegarten Education Centre truly honours each child as unique and creative. We designed our own play-based, creative and child-initiated Language of Children™ curricula framework which fuses together the most proven and effective pedagogical practices from five world renowned curricula’s: the British Early Years Foundation Stage (EYFS), Italian Reggio Emilia, Belgium Experiential, American High Scope and the New Zealand Te Whariki, to cater to the developmental and educational needs of 21st century children.

It is a tailored curriculum with very clear learning objectives closely linked with the British educational milestones.

Facilities

Six 700 sq. ft. developmentally appropriate classrooms for children under 3’s and over 3’s, two age-specific playgrounds, one dedicated Performing Arts Activity Room, one dedicated Visual Arts Room, and a feeding/changing room.

Tel: (852) 3487 2255 Fax: (852) 3104 1555 Email: info@bebegarten.com

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AmChamHK 8-9 • 2017

Canadian International School of Hong Kong 36 Nam Long Shan Road, Aberdeen

School ProďŹ le Since 1991, Canadian International School of Hong Kong has educated students as they worked towards building a better, more globally focused and peaceful world. Students representing more than 40 nationalities are part of the 1,750 student body from Pre Reception (3-years old) through to Grade 12.

In additional to being an IB school, CDNIS also grants credits for the Ontario Secondary School Diploma, allowing students to graduate with both the OSSD and IB diploma. Members of the Class of 2017 achieved an average score of 36.6 (out of 45), two students scored a perfect 45 score, while 92% of the students achieved an IB Diploma exam score above the world average.

CDNIS continues its drive to provide future-ready learning through Project Innovate. This ambitious whole-school initiative draws on the CDNIS vision and mission, combining core skills with 21st century thinking and character building to maximize learning experiences and outcomes, providing future-ready education for students.

Not only is CDNIS known as one of the most innovative schools regionally and globally, but its highly regarded Chinese Studies programme includes courses from beginner to native levels in both oral and written Mandarin. Students develop an appreciation of the Chinese culture through an abundance of cultural exchange opportunities.

Annual Fees

$103,500 - $187,100

AmChamHK 8-9 â&#x20AC;˘ 2017

Tel: (852) 2525 7088 Email: admissions@cdnis.edu.hk

www.cdnis.edu.hk

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MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

English Schools Foundation ESF Centre: 25/F, 1063 King’s Road, Quarry Bay, Hong Kong

School Profile

The English Schools Foundation (ESF) is the largest provider of English-medium international education in Hong Kong. Our 22 schools and comprehensive programme of extra-curricular activities bring out the best in every student through a personalised approach to learning and by inspiring curious minds. Our strategic intent is to be the key driver of best practice in teaching and learning. Our model of education is on the cutting-edge of global innovation producing excellent outcomes for our students.

We have five secondary schools, nine primary schools and a school for students with special educational needs across Hong Kong Island, Kowloon and the New Territories. Two “all through” Private Independent Schools and five kindergartens are operated

by ESF’s affiliated company, ESF Educational Services Limited (ESL), which also offers English language classes and sports activities.

Vision and Mission

Our vision is for every student to be the best that they can be.

Our mission is to inspire creativity and nurture the global citizens and leaders of the future.

We do this by creating joyful learning environments, led by a community of exceptional teachers who bring out the best in every child through a personalised approach to learning and by inspiring curious minds.

Admissions

For parents wishing their children to enter K1, Year 1 and Year 7, Central Application is open from 1 to 30 September of the year before they want their children to enter the school.

Dual applications are permitted to ESF and the two private independent schools (PIS). Applications to Discovery College and Renaissance College are through separate application processes, detailed on each of the college's websites.

School zoning (www.esf.edu.hk/esf-zones/) applies to ESF primary and secondary schools based on residential address at the time of application. ESF International Kindergartens, Discovery College and Renaissance College remain zone free.

Application to enter all year groups can be made at any time during the year. Applicants will be added to the waiting lists.

Curriculum

Preschool (K1 & K2) & Primary (Years 1 to 6) Secondary (Years 7 to 11)

Secondary (Years 12 to 13)

IB Primary Years Programme Secondary Schools: A broad range of GCSE* and International GCSE courses IB Middle Years Programme IB Diploma Programme Applied Learning Pathway

*The full name of GCSE is the General Certificate of Secondary Education

Kindergartens

Secondary Schools

Primary Schools

Private Independent Schools (All-through Schools)

ESF Abacus International Kindergarten ESF Hillside International Kindergarten ESF Tsing Yi International Kindergarten ESF Tung Chung International Kindergarten ESF Wu Kai Sha International Kindergarten Beacon Hill School www.beaconhill.edu.hk Bradbury School www.bradbury.edu.hk Clearwater Bay School www.cwbs.edu.hk Glenealy School www.glenealy.edu.hk Kennedy School www.kennedy.edu.hk Kowloon Junior School www.kjs.edu.hk Peak School www.ps.edu.hk Quarry Bay School www.qbs.edu.hk Sha Tin Junior School www.sjs.edu.hk

Island School www.island.edu.hk King George V School www.kgv.edu.hk Sha Tin College www.shatincollege.edu.hk South Island School www.sis.edu.hk West Island School www.wis.edu.hk

Discovery College www.discovery.edu.hk Renaissance College www.rchk.edu.hk

Special School

Jockey Club Sarah Roe School www.jcsrs.edu.hk

ESF After School Programmes

ESF Sports ESF Language & Learning ESF Early Learners www.esf.org.hk

Individual and Corporate Nomination Rights provide a fast-track route for children into ESF schools, providing they meet the entry requirements.

Tel: (852) 2574 2351 Fax: (852) 2818 5690 Email: info@esfcentre.edu.hk

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AmChamHK 8-9 • 2017

French International School of Hong Kong 165 Blue Pool Road, Happy Valley, Hong Kong

School Profile FIS was established in 1963/64 as one of the first international schools in Hong Kong. The school offers two streams: the French and International Streams, preparing students towards certification in the French national examination, the French Baccalaureate, or International General Certificate of Secondary Educations (IGCSE) and the International Baccalaureate Diploma Programme (IBDP). In 1988, FIS became the first in Hong Kong to be authorised as an IB World School.

The school’s mission is to provide, together with families, a nurturing, culturally diverse community that inspires our young people to realise their true potential as confident, independent learners and responsible global citizens with moral values and integrity.

Tel: (852) 2577 6217 Fax: (852) 2577 9658 Email: info@lfis.edu.hk Admissions: International – Candy Gori French – Cindy Courteville

www.fis.edu.hk

AmChamHK 8-9 • 2017

FIS provides an inspiring, high quality education for students from Hong Kong’s culturally diverse community. Excellent, dedicated teachers from all over the world ensure that a challenging and nurturing educational environment is provided. FIS students consistently outperform international averages to attain excellent exam results and every year graduates are admitted to top universities worldwide.

Currently, the school is one of the largest international through schools in Hong Kong and welcomes over 2,700 students from Reception/Moyenne Section to Year 13/Terminale, representing 40 different nationalities, across four campuses in Happy Valley, Jardine’s Lookout, Chai Wan and Hung Hom. A new state of the art eco-campus will open in Tseung Kwan O in September 2018 creating 950 primary and junior secondary school places to better serve both French and International students in Hong Kong. With adaptable and flexible layouts and a wealth of differently scaled, multi-purpose spaces inside, students will benefit from a stimulating and innovative learning environment. In addition, the campus will offer state of the art sporting facilities – a large gymnasium, swimming pool and running track – as well as a 300 seat auditorium all of which will benefit the wider public.

We hold regular Open Days for prospective parents at both the Primary and Secondary School campuses which include an information session and a tour of the school.

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Hong Kong Academy 33 Wai Man Road, Sai Kung, Hong Kong

School Profile HKA is an independent, international, non-profit International Baccalaureate World School offering the PYP, MYP and IB Diploma Programme for students from pre-Kindergarten through Grade 12.

With an inquiry-based, concept-driven curriculum, HKA provides a well-rounded, learner-directed programme that incorporates research-based best teaching practices from around the world. HKA offers small class sizes, and in the Primary School each class is staffed with a teacher and co-teacher. Learners’ social-emotional development is also core to the HKA curriculum and students receive the necessary support and encouragement to pursue their individual pathways to excellence. HKA also welcomes parent involvement and encourages parents to share their interests and talents with the community.

Admissions

HKA warmly invites families to come and visit the school with their children and experience the learning and teaching that happens here. If you would like to arrange a visit or want to learn more about the admissions process, please email us at admissions@hkacademy. edu.hk.

Tel: (852) 2655 1111 Email: admissions@hkacademy.edu.hk

www.hkacademy.edu.hk

HKA’s provisional BEAM+ Platinum facility features environmentallyfriendly materials, light-filled classrooms and specialized learning spaces for subjects such as science, art, music and dance. Spacious common spaces throughout the campus offer flexible learning areas and encourage social interaction. Travel and competitive team sports and extensive extra-curricular activities further support students’ development.

HKA’s faculty are recruited from around the world and are selected for their professionalism, high level of qualifications, skills, creativity and teaching experience in international education. At HKA, teachers are learners, too, and ongoing professional development for faculty is incorporated into the school culture.

Accreditations

In addition to being an IB World School, HKA is accredited by The Western Association of Schools and Colleges (WASC) and the Council of International Schools (CIS). HKA also offers the Global Citizen Diploma (GCD), a high school credential that allows students to qualitatively describe their whole learning in the context of becoming a global citizen and making a contribution to the world.

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AmChamHK 8-9 • 2017

Shrewsbury International School HK 7/F, Bangkok Bank Building, 28 Des Voeux Road Central, Hong Kong

School Profile Shrewsbury International School Hong Kong will open in 2018.

Drawing upon over 465 years of experience in education, we are a primary specialist school that will cater for children aged between 3 and 11 years old. We place great value upon the development of a supportive community and collaborative learning environment.

Offering world-class, purpose built facilities and innovative teaching methodology, our resources and academic staff will be exclusively focussed upon the very best possible opportunities and outcomes for our young students. Aligned with the English National Curriculum, we offer a deeply personalised experience for children and families alike from the point of application all the way through to the careful selection of, and transition onto, a Senior School in which your child will thrive. We are currently welcoming applications.

Tel: (852) 2480 1500 Fax: (852) 2480 1231 Email: admissions@shrewsbury.hk

www.shrewsbury.hk

AmChamHK 8-9 • 2017

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MOVING TO HONG KONG

RELOCATION • EDUCATION • ACCOMMODATION

Stamford American School – Hong Kong 25 Man Fuk Rd, Ho Man Tin, Kowloon, Hong Kong

School Profile Stamford American School - Hong Kong is a world-class international school for students 5 to 18 years old that strives to enable each child to “achieve more than they believe they can”.

Stamford offers an interdisciplinary curriculum based on the American Education Reaches Out (AERO) and Common Core Plus frameworks combined with regular externally moderated assessments through Measures of Academic Progress® (MAP®) testing. Stamford offers students a choice in graduating with either the International Baccalaureate Diploma Program* or American High School Diploma.

Students can enroll in bilingual or daily options in Chinese and Spanish. A core focus of the curriculum is the STEMinn (Science, Technology, Engineering, Mathematics & Innovation) program which focuses on critical thinking skills with real world application. Each classroom has a dedicated STEMinn library to build science literacy and access to STEMinn facilities where students are also able to design and produce their ideas.

Stamford is committed to preparing students for future success in any part of the world to continue to live, learn, and work.

Stamford prepares students for the challenges and changes for life beyond graduation in tomorrow's world. The school aims at instilling an enthusiasm for lifelong learning and a sense of global awareness in every student through its World Language Program, Global Mentor Program and breadth of Co-Curricular Activities. *Stamford American School Hong Kong will apply to the International Baccalaureate for program candidacy in December 2017.

Tel: (852) 2500 8688 Email: admissions@sais.edu.hk Facebook: https://www.facebook.com/ StamfordAmericanSchoolHongKong/ Instagram: https://www.instagram.com/ stamford_hk/

www.sais.edu.hk

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AmChamHK 8-9 • 2017

The Harbour School School Profile The Harbour School is an international school offering a U.S. curriculum accredited by the Western Association of Schools and Colleges (WASC). For the last 10 years, THS has provided a student-centered education, with a high teacher to student ratio that recognizes children as complex individuals with differing strengths, needs, goals, personalities, and backgrounds.

THS now has three campuses on Hong Kong Island. Its flagship location, The Grove, for Grades 1-6, opened in August 2017 in Ap Lei Chau. The Grove features state of the art learning facilities including a makerspace, marine science centre, blackbox theatre and a 2-storey tree house. Students also enjoy trips on the Black Dolphin, the school's 50-foot sailboat, which serves as an outdoor classroom moored in the nearby marina. An indoor pool, rooftop cafe and additional play spaces debut in December 2018.

For students in the PreK and K years, the school opened a bright, newly renovated space named Harbour Village, which plays a key role in nurturing early childhood curiosity and development. This Kennedy Town campus encourages imaginative and inspired learning through immersive and engaging educational spaces.

In keeping with the school's ethos of personalised learning, high school students from Grades 9-12 enjoy an "urban college" feel in Ap Lei Chau. Multiple graduation pathways ranging from university coursework via affiliations with Johns Hopkins University and Syracuse University and other core offerings develop a sound academic foundation and an exploratory mindset that prepares students for post-secondary studies and the 21st century workplace.

The school offers Advanced Placement (AP), Honors, Core and supported coursework for qualifying students.

THS is affiliated with the East Asian Regional Council of Overseas Schools (EARCOS) and was awarded 21st Century School of the Year by Pearson.

Applications for admission are accepted on a rolling basis. For more information, please visit our website.

Harbour Village: 2/F, 23 Belcher's Street Kennedy Town, Hong Kong

Tel: (852) 2816 5222 Fax: (852) 2816 5229

Ap Lei Chau Campuses: The Garden: 138 Lee Chi Road

Tel: (852) 3708 9060

The Grove: 332 Ap Lei Chau Bridge Road

Tel: (852) 3905 0180

Email: info@ths.edu.hk

www.ths.edu.hk AmChamHK 8-9 • 2017

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The International Montessori School Phase III, Ma Hang Estate, Stanley, Hong Kong

School Profile The International Montessori School (IMS) is a non-profit, dual-language (English and Putonghua Chinese) school.

IMS is the only accredited Montessori primary school in Greater China, serving children aged 2 to 12 years from over 40 countries across 4 campuses. The school pioneered a unique, individually tailored Chinese curriculum based on Montessori’s multisensory and interactive approach, and is considered one of the world’s leading Montessori dual-language programs. Each IMS classroom is led by a team of two, an English speaking, Montessori trained- and a native Putonghua-speaking teacher, and is carefully designed to give children opportunities to engage in meaningful learning activities with the proper balance of autonomy and guidance.

The IMS Primary student will leave the school with a sense of self-competence and responsibility that will allow him to stream into top international secondary schools in Hong Kong and around the world.

Stanley Campus Phase III, Ma Hang Estate, Stanley, Hong Kong Aldrich Bay Campus G/F, i-UniQ Grand, 155 Shau Kei Wan Road, Shau Kei Wan, Hong Kong South Horizons Campus G/F, Blocks 23 to 23A, South Horizons, Phase III Ap Lei Chau, Hong Kong Mid-Levels Campus Mezzanine Entrance, Tung Fai Gardens 17 Po Yan Street, Sheung Wan, Hong Kong Tel: (852) 2772 2468 Fax: (852) 2566 7188 Email: apply@ims.edu.hk Contact: Maly Pena

www.ims.edu.hk

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AmChamHK 8-9 • 2017

Wilderness International Kindergarten Ground Floor, Po Tak Mansion, 85 Smithfield Road, Kennedy Town, Hong Kong

School Profile We invite families who desire and appreciate Childhood Happiness and Wellbeing, Daily Outdoor Play, Creativity and Choice, Authentic Experiential Learning, a connection to Nature and the Environment, Highly Qualified International Teachers and a beautiful boutique environment.

We encourage and promote a love of learning through foundation literacy and numeracy learning. Our model Early Childhood Centre provides excellence through positive and dynamic interactions with highly qualified early years educators. We are committed to fostering a strong sense of identity and belonging.

A typical day at Wilderness includes mindfulness yoga, singing, dancing, digging, reading, listening, counting, sorting, running, jumping, skipping and being joyful and exuberant. Our ‘WilderKids’ see themselves as scientists, readers, writers and actors. They love nothing more than exploring the outdoors, watering our herbs, gardening and digging around in the sand and dirt. WilderKids know that they can do anything they set their minds to.

Wilderness is an IB/Reggio Inspired Kindergarten for children aged from 6 months to 5 years old. “WILDERNESS IS SIMPLY HONG KONG’S BEST KINDERGARTEN” (Wilderness Parent) JUDGE A SCHOOL BY HOW IT MAKES YOU FEEL Tel: (852) 2595 9066 Email: admissions@wilderness.asia

www.wilderness.asia

AmChamHK 8-9 • 2017

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MOVING TO HONG KONG

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Yew Chung International School 3 To Fuk Road, Kowloon Tong, Hong Kong

School Profile Founded in 1932, Yew Chung has been providing quality bilingual education to the learners of Hong Kong for over 80 years. Originally specialising in Early Childhood Education, Yew Chung International School (YCIS) now provides education from early childhood through primary and secondary culminating in the International General Certificate of Secondary Education (IGCSE) and International Baccalaureate (IB) Diploma Programme.

Global Education in YCIS

YCIS offers the unique richness and diversity of both Eastern and Western cultures that equip children to be bilingual, global-minded, competitive, appreciative and caring global citizens. Students are nurtured in a multicultural environment with a fully rounded and balanced education which transforms them into global thinking individuals.

Integrating East and West

YCIS combines the best of Eastern and Western cultures by promoting fluency in two major world languages, creating a truly bilingual learning environment, providing courses of study in Eastern and Western philosophy.

Co-Principals and Co-Teaching Models

Two Co-Principals, one Western and one Chinese, serve as partners in the operations and administration of the school. In addition, two fully-qualified teachers, one Western and one Chinese, together plan lessons and conduct classes in the Early Childhood Education and Primary School, and providing excellent role models who respect and value one another’s culture.

YCIS Education Programme

YCIS’s international curriculum is based on the learning criteria and framework from the National Curriculum for England (NCE).

The research based curriculum allows high standards and ease of transition for international students.

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Age of Students

Early Childhood Education Primary School (Year 1 – 6) Secondary School (Year 7 – 9) IGCSE (Year 10 – 11) IB Diploma (Year 12 – 13)

6 months – 5 years 5 – 11 years 11 – 14 years 14 – 16 years 16 – 19 years

International Recognition

YCIS - Secondary is authorised by the International Baccalaureate Organization (IBO) as an IB World School and is an approved authorised Cambridge International Examination (CIE) Centre. YCIS has received accreditations from Council of International Schools (CIS) and the New England Association of Schools and Colleges (NEASC).

Highlight of YCIS Global Education

• A Bilingual focus within a multicultural environment will give your child the global mindset and intercultural competence they need for the 21st Century.

• Unique Co-Teaching and Co-Principals models help students to learn two cultures and give equal emphasis to both English and Chinese.

• YCIS integrates Character Formation programmes into our curriculum, focusing on developing positive qualities.

• Strong music programme enhances children’s reasoning skills, develops memory span, concentration and coordination.

• YCIS maintains 100% university placement with students admitted to top universities in Hong Kong and overseas.

Tel: (852) 2338 7106 Fax: (852) 2304 6713 Email: admissions@ycef.com

www.ycis-hk.com

AmChamHK 8-9 • 2017

Discovery Bay International School Discovery Bay Road, Discovery Bay, Lantau Island

School Profile DBIS is a unique international community school where students enjoy a broad international curriculum with British characteristics. The school comprises 45 different nationalities, 1080 students and 200 staff located on three very well resourced campuses in a tranquil natural environment.

DBIS’ features include:

• The Early Years Foundation Stage (EYFS) Curriculum in Nursery and Reception • Aspects of the International Primary Curriculum (IPC) • The English National Curriculum in Primary and Secondary • (I)GCSE examinations in Years 10 and 11 • Cambridge International AS and A Levels in Years 12 and 13 • Extensive extra curricular activities particularly in Sport and the Creative Arts • A learning technology rich environment • Innovative approaches to teaching and learning

Telephone - Primary/Secondary: (852) 2987 7331 Early Years: (852) 2914 2142 Fax: (852) 2987 7076 Twitter: @dbis_hk Head of School: Mr Paul Tough Admissions Manager: Mrs Alison Wyatt

www.dbis.edu.hk

Nord Anglia International School Lam Tin Primary and Secondary School Tai Tam Pre-school and Sai Kung Pre-school

School Profile Nord Anglia International School is part of a global family of 46 premium international schools located in 17 countries across China, Europe, the Middle East, North America and Southeast Asia. In total, Nord Anglia Education teachers and school staff look after more than 39,000 students globally.

NAIS follows the EYFS framework, IGCSEs and IB Diploma. With a focus on individualised learning, the school’s rigorous curricula ensures that students have a creative and challenging learning experience. NAIS is committed to educational excellence and students across the Nord Anglia Education (NAE) family produce final year results well above the world average with one in three going on to their university of choice. Mandarin is taught throughout.

The school’s class sizes range from 20 per class (in Nursery and Lower Kindergarten) to 24 per class (in Primary and Secondary).

Curriculum

English National curriculum

Facilities

A wide range of learning spaces including a 3-storey multi-purpose hall, a 25-m swimming pool, library, learning centre, drama studio, cafeteria, music rooms, an art room, kitchen (for cooking classes) and an activity area for each year group.

Annual Tuition Fees

Nursery Mornings Session: HK$ 105,000 Lower Kindergarten: HK$ 136,500 Nursery Afternoon Session: HK$ 75,000 Year 1-6: HK$ 150,325 Nursery Extended Day: HK$ 120,000 Year 7-10: HK$ 167,685

Transport

Bus Service available

Tel: (852) 3958 1428 Fax: (852) 3958 1499 Email: admissions@nais.hk Principal: Brian Cooklin

www.nais.hk AmChamHK 8-9 • 2017

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Burnside Villa 9 South Bay Road

Special Features / Amenities Burnside Villa is a complex cocooned in the peace and serenity of an elite residential area in Repulse Bay. It is comprised of European-style villas and low-rise apartments, which are elegantly nestled in the lush surroundings with breathtaking sea views.

Within a leisure 5-minute stroll to Repulse Bay Beach, it is also in close proximity to International Schools. Facilities include an outdoor swimming pool and children’s play area, a high level of security and a management service of proven reliability.

Rent Range Unit size

Parking Facilities Leasing Contact Tel Email

HK$185,000 inclusive up 3 Bedroom House 2,098 - 2,143 sq. ft. saleable 4 Bedroom House 2,763 - 2,811 sq. ft. saleable Covered parking space Candy Chan (852) 2879 1917 candymschan@hanglung.com

The Summit 41C Stubbs Road, Mid-Levels

Special Features / Amenities The Summit is a complex of glamorous duplex suites located in the fashionable Mid-Levels district commanding sweeping views of Hong Kong Island and the Kowloon Peninsula. All the 54 designer duplex suites are furnished to the highest design standards and notable for their 20-foot high ceilings.

A private lift lobby and personalized lift codes ensure unrivaled security, matched by meticulous personalized customer services. Relax in our indoor swimming pool and Jacuzzi and enjoy the benefits of working out in our comprehensively equipped gym.

Rent Range Unit size

Leasing Contact Tel Email

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HK$140,000 inclusive up Standard Duplex approx.

3,007 sq. ft. gross / 2,390 sq. ft. saleable Duplex approx.

5,976 sq. ft. gross / 4,771 sq. ft. saleable Candy Chan (852) 2879 1917 candymschan@hanglung.com

AmChamHK 8-9 • 2017

Bluejay Residences Serviced Apartments 116 Waterloo Road, Kowloon Tong , Kowloon

Special Features / Amenities Bluejay Residences is a place of comfort and quality, which provides you a modern home feeling. Welcome short-term and long-term leasing, you may choose furnished or unfurnished flats to fit your ideal living experience. Bluejay Residences is located within the Kowloon Tong area, and apartment types range from studio, 1-bedroom to 3-bedroom with sizes from 141 to 1,466 sq. ft. Also, there is a rooftop garden, which provides area for your family & friends to have barbeque. Fully equipped serviced units guarantee the comfort of home, with Wi Fi internet access and premium housekeeping service.

• Situated in Kowloon Tong district • Walking distance to Mong Kok East MTR station • A variety of room types to cater different guest needs • Spacious rooftop with barbeque facilities • Weekly housekeeping service • Self-serve laundry • Covered car parking spaces

Size Bedrooms Parking Monthly Rental Tel/WhatsApp Email Website

141 - 1,466 sq. ft.

Studio, 1-bedroom to 3-bedroom Yes HKD$7,000 – 38,000 (852) 6522 2116 116waterloo@gmail.com www.bluejay-residences.com

The Grand Blossom Serviced Apartments 123 Bulkeley Street, Hung Hom, Kowloon

Special Features / Amenities The Grand Blossom Serviced Apartments is located in Hung Hom with high proximity to the Kowloon city centre. We offer single suites, 2-bedroom and 3-bedroom apartments with kitchenette, and housekeeping service. Blending modernity and simplicity into our design, we are committed to provide superior accommodation quality and comfort to our guests.

Room/Unit Size(s) Price range Min. length of stay Total number of rooms Tel/WhatsApp/WeChat Fax Email Website

AmChamHK 8-9 • 2017

Single Suites, and 2 to 3 bedrooms / Max. 763 sq.ft. $7,500-$35,000 1 month 92 flats (852) 6999 5123 (852) 2545 5654 info@grandblossom.com.hk www.grandblossom.com.hk

We occupy a prime location in proximity to the Ho Man Tin and Hung Hom MTR Station, where guests can avail of the services of the Kwun Tong Line, East Rail Line and West Rail Line. Just minutes away from the vibrancy of the commercial and entertainment hub of Tsim Sha Tsui, the 33-storey apartment block lies in a bustling neighborhood. A journey to the core commercial district of Central is also only 30 minutes via cross-harbor bus route 115. To pay a visit to The Mainland China, get onto the East Rail Line MTR from Hung Hom Station to Lo Wu / Lok Ma Chau Station.

For ultimate retail, dining and entertainment indulgence, the nearby Whampoa Garden is only a five-minute walk away. The all-inclusive community center features a comprehensive shopping complex which spans over 1.4 million sq.ft.

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Chelsea Court 63 Mount Kellett Road, The Peak, Hong Kong

Size Range of Units Bedroom Units per Floor Parking Facilities Monthly Rental Leasing Agent Contact Tel Fax

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1,509 – 3,123 s.f.g.

2 – 4 Ensuites 2 Covered Carpark HK$75,000 – HK$170,000 Harriman Leasing Limited Ms. Yammi Lai / Ms. Sophie Kwok (852) 2118 8048 (852) 2118 8003

Special Features / Amenities • Low-rise luxury apartments • Tranquil environment with a total of 20 unique apartments (12 simplexes and 8 duplexes) • Nestled among the lush green hills of Mount Kellet • All units with panoramic views of East Lamma and the South China Sea • Commodious living and dining rooms, newly renovated kitchens • Up to 1,900 s.f. of outdoor private gardens or roof terraces for the duplexes • 20-meter lap swimming pool with spacious stone-paved sunning deck • Premium building services providing superb level of privacy and security

AmChamHK 8-9 • 2017

Grand Hyatt Hong Kong 1 Harbour Road, Wanchai Hong Kong

Tel Fax Email Key personnel Room rental Website Facebook

(852) 2584 7878 (852) 2802 0704 sales.hkggh@hyatt.com Ms Cecilia Lo – Director of Sales and Marketing Mr Timothy Siu – Director of Sales Minimum of 14 nights from HK$30,000 including daily breakfast hongkong.grand.hyatt.com facebook.com/grandhyatthongkong

Situated on Hong Kong Island facing the world-famous Victoria Harbour, Grand Hyatt Hong Kong has recently completed a 4-year renovation, and is becoming THE CHOICE for pampering travel experience and extravagant, memorable events once again.

Special features/Amenities

Unwind in one of the 542 newly reimagined guestrooms or suites, designed to blend traditional and modern aesthetics in an elegant, residential style.

Relax with the hotel’s extensive range of leisure facilities including Plateau Spa, a 50-metre outdoor heated pool, 24-hour fitness studios and more.

Guest can enjoy complimentary daily breakfast, local calls, mobile phone with 4G Internet access and international calls to the United States, 20% discount on laundry, dry cleaning and minibar, 10% discount on any of the hotels nine internationally acclaimed restaurants and bars and room service, and eligible to earn World of Hyatt points.

AmChamHK 8-9 • 2017

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HK Gold Coast Residences

Sea View Apartments and Marina Villas 1 Castle Peak Road, Castle Peak Bay, New Territories

Size Range of Marina Villas Price Range of Marina Villas Size Range of Sea View Apartments Price Range of Sea View Apartments Parking Facilities Leasing Agent Contact Tel Fax Email Website

Simplexes – 1,950 s.f. (M.F.A.) / 1,559 (S.F.A.) Duplexes with Private Garden/ Roof – 2,940 s.f. – 3,540 s.f. (M.F.A.) / 2,195 - 2,833 s.f. (S.F.A.) Simplexes – HK$42,800 up Duplexes with Private Garden/ Roof – HK$72,000 up 700 – 1,372 s.f. (M.F.A) / 535 – 1,069 s.f. (S.F.A) HK$12,800 up Fully Furnished Serviced Apartment: HK$26,000 up Covered car park with visitor parking Sino Real Estate Agency Ltd Mrs. Galy Cowen (852) 8108 0200 (852) 2618 7142 galycowen@sino.com www.goldcoast.com.hk

Special Features / Amenities

Newly renovated apartments with panoramic sea view and marina view Full range Club House facilities with one of Hong Kong's largest outdoor pools Expansive Green Lawn (approx. 50,000 sq ft) Ideal for Kids' Activities Close to a renowned international school Golden Beach, MacLehose Trail and Tai Lam Country Park right at your doorstep Daily Resident Shuttle Services to Tsuen Wan/Tsuen Wan West MTR Station, Olympic MTR Station and the HK International Airport, Close to cross-border facilities, 30 mins drive to Central • Enjoy resort living with one of the biggest expatriates communities • • • • • •

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AmChamHK 8-9 • 2017

Kerry Residence Resiglow 7A Shan Kwong Road, Happy Valley, Hong Kong

Size Range of Units (GFA) (Saleable Area) Bedrooms Monthly Rental Leasing Agent Contact Tel Email Website

667 sq.ft. to 1,434 sq.ft.

581 sq.ft. to 1,249 sq.ft.

2-3 HK$34,000 inclusive up Kerry Real Estate Agency Limited Phoebe Au-Yeung / Clara Cheung / Franco Lau (852) 2967 2224 / (852) 2967 2221 / (852) 2967 2227 residentialleasing@kerryprops.com www.kerryprops.com

Special Features / Amenities In Happy Valley, a 29-storey tower, statuesque in steel and glass, provided the perfect blank canvas for a New York-style loft reimagined in Hong Kong. All apartments are open kitchen and fully equipped with electrical appliances.

Clubhouse facilities include gymnasium, function room, exercise room, BBQ Area, Garden Lounge and Landscape podium Garden.

AmChamHK 8-9 â&#x20AC;˘ 2017

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Kerry Residence

Aigburth 12 Tregunter Path, Mid-Levels, Hong Kong Size Range of Units (GFA) (Saleable Area) Bedrooms Parking Facilities Monthly Rental Leasing Agent Contact Tel Email Website

2,600 sq.ft. to 6,250 sq.ft.

1,827 sq.ft. to 4,715 sq.ft.

3-5 Covered parking spaces HK$120,000 exclusive up Kerry Real Estate Agency Limited Phoebe Au-Yeung / Clara Cheung / Franco Lau (852) 2967 2224 / (852) 2967 2221 / (852) 2967 2227 residentialleasing@kerryprops.com www.kerryprops.com

Special Features / Amenities Just minutes from Central in the exclusive environment of Tregunter Path, Aigburth is one of Hong Kong’s finest residential apartment.

With spectacular views of Victoria Harbour and surrounding hills, the 3,000 sq.ft. apartments offer the heights of luxurious urban living.

Lush landscaped gardens and cascading waterfalls provide a retreat from city pressures.

Extensive facilities include an enormous free-form swimming pool and a 35,000 sq.ft. superbly equipped clubhouse. Excellent management. Shuttle bus service to Central.

Tavistock 10 Tregunter Path, Mid-Levels, Hong Kong Size Range of Units (GFA) (Saleable Area) Bedrooms Parking Facilities Monthly Rental Leasing Agent Contact Tel Email Website

4,860 sq.ft. to 8,255 sq.ft.

3,838 sq.ft. to 5,254 sq.ft.

4-6 Covered parking spaces HK$260,000 exclusive up Kerry Real Estate Agency Limited Phoebe Au-Yeung / Clara Cheung / Franco Lau (852) 2967 2224 / (852) 2967 2221 / (852) 2967 2227 residentialleasing@kerryprops.com www.kerryprops.com

Special Features / Amenities A prestigious development on Tregunter Path. Tavistock features a spacious living and dining area. The practical design of the apartment is also demonstrated by its large kitchen which is connected to a utility area and 2 maid’s rooms. The one of its kind big balcony commands a city view of Central and Victoria Harbour. Individual central air-conditioning system with IQ air purifying system. Shuttle bus service to Central.

A wide range of clubhouse facilities with swimming pool shared with Aigburth.

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AmChamHK 8-9 • 2017

Branksome Crest 3A Tregunter Path, Mid-Levels, Hong Kong Size Range of Units (GFA) (Saleable Area) Bedrooms Parking Facilities Monthly Rental Leasing Agent Contact Tel Email Website

2,355 sq.ft. to 5,115 sq.ft.

1,741 sq.ft. to 3,750 sq.ft.

3-4 Covered parking spaces HK$120,000 exclusive up Kerry Real Estate Agency Limited Phoebe Au-Yeung / Clara Cheung / Franco Lau (852) 2967 2224 / (852) 2967 2221 / (852) 2967 2227 residentialleasing@kerryprops.com www.kerryprops.com

Special Features / Amenities Each of the typical units has 3 bedrooms with spacious Living and Dining Area incorporating a generous size balcony. All apartments are fully equipped with kitchen cabinets and electrical appliances. The clubhouse features a wide range of recreational facilities with swimming pool, all finished to the top standard. Excellent management. Shuttle bus service to Central.

Branksome Grande 3 Tregunter Path, Mid-Levels, Hong Kong Size Range of Units (GFA) (Saleable Area) Bedrooms Parking Facilities Monthly Rental Leasing Agent Contact Tel Email Website

3,030 sq.ft. to 4,950 sq.ft.

2,354 sq.ft. to 3,731 sq.ft.

3-4 Covered parking spaces HHK$140,000 exclusive up Kerry Real Estate Agency Limited Phoebe Au-Yeung / Clara Cheung / Franco Lau (852) 2967 2224 / (852) 2967 2221 / (852) 2967 2227 residentialleasing@kerryprops.com www.kerryprops.com

Special Features / Amenities A 24-storey prestigious apartment building with reverse cycle central air-conditioning. Extremely spacious and practical layout, large balcony & 2 maid’s rooms. All apartments are fully equipped with kitchen appliances and fitted with wardrobes.

Comprehensive clubhouse facilities shared with Branksome Crest. Shuttle bus service to Central.

AmChamHK 8-9 • 2017

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Kornhill Apartments No 2, Kornhill Road, Quarry Bay, Hong Kong (atop MTR Tai Koo station) Size Range of Units Bedroom Units per Floor Parking Facilities Monthly Rates Contact Tel Email Website

Gross area 400 sq.ft. to 1,250 sq.ft.

Studio flats to 3-bedroom suites 30-50 units Parking available at Kornhill Plaza HK$24,000 or up Ms. Brenda Chan (852) 2137 8101 kornhillapts@hanglung.com www.kornhillapartments.com

Special Features / Amenities

Conveniently nestled in the East of Hong Kong, Kornhill Apartments is one of the biggest apartment blocks in town, featuring a total of 450 units with a variety of room types to suit your every need.

Notable for cozy and contemporary décor, as well as superior amenities and services, the complex is located next door to Kornhill Plaza where you can relish a wide array of shops and entertainment choices including a cinema, all managed by Hang Lung Properties.

The apartments are an excellent choice for corporate clients who cater for visits by expatriate colleagues. Units include studio flats to one, two and three-bedroom suites.

V Residences & Serviced Apartments 9 Yee Wo Street, Causeway Bay/25 Tung Lo Wan Road, Causeway Bay/68 Sing Woo Road, Happy Valley/ 1 Castle Road, Mid Levels/180 Jaffe Road, Wan Chai/535 Canton Road, West Kowloon

Location V Residences & Serviced Apartments are strategically located throughout Hong Kong, with easy access to your everyday life: • 5-minute walk to Causeway Bay MTR, Sogo Department Store, Hysan Place, Times Square, casual and fine dining restaurants for V Causeway Bay and V Causeway Bay2 • 5-minute walk to racecourse, boutique shops and eateries for V Happy Valley • 5-minute walk to Central Mid-Levels Escalator and 5-minute walk to Soho area and Central for Castle One by V • 5-minute walk to Wan Chai MTR and Hong Kong Convention Centre for V Wanchai • 5-minute walk to Jordan MTR and 8-minute walk to ICC, Elements and Airport Express Line Kowloon Station for The Lodge in West Kowloon

Size Range of Units Domestic Service Monthly Rental Contact Tel Email Website

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250 sq ft to 1,800 sq ft Fully fitted kitchen, housekeeping service, laundry and gym, free WiFi, free local call From HK$16,000 The V Leasing Department (852) 3602 2388 reservations@theV.hk www.theV.hk

Special Features/Amenities • Urban balcony apartments with semi-outdoor spaces • Roof gardens with private barbeque and chilled-out facilities • Grand suite with private patio terrace and uber-luxe open air soak tubs for two • Penthouse units offering Bang & Olufsen surround sound system

AmChamHK 8-9 • 2017

Loplus Serviced Apartments Loplus@Hennessy, 388 Hennessy Road, Wan Chai / Loplus@Johnston, 5 Luard Road, Wan Chai

Total Number of units Unit Size Range Monthly Rate Room Type Tel Fax Email Website

279 239-1,373 sq. ft. from HK$22,100 Studio, Suite*, 1-Bedroom, 1-Bedroom Plus*, 2-Bedroom* & 3-Bedroom* (852) 2625 2323 (852) 2625 2333 enquiry@loplus.com.hk www.loplus.com.hk

Highlighted Features/Amenities

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• Over 10,000 sq. ft. guest facilities (including Gymnasium, Guest Service Centre, Conference Room & Reading Lounge)* • Sky Garden & Function Room at Rooftop with BBQ facilities* • 1-Bedroom Plus with second room as study room* • 42" LED TV with NOW international TV channels • Complimentary Wi-Fi throughout the properties • Walk-in closet in most units* providing large storage space • In-room washer & dryer in most units* • Bathtub in selected units • Fully equipped kitchen • 5 minutes' walk to Causeway Bay MTR & Times Square, Hysan Place & SOGO for Loplus@Hennessy • 3 minutes' walk to Wan Chai MTR, 10 minutes' walk to Pacific Place, Central Plaza, HKCEC & commercial hub for Loplus@Johnston * located at Loplus@Hennessy

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Queen’s Garden 9 Old Peak Road, Mid Levels, Hong Kong

Size Range of Units Bedroom Tel Email Website

Gross Floor Area 2,050 – 2,960 sq. ft One to four bedrooms (852) 9338 7380 leasing@queensgarden.com queensgarden.com

Panoramic Seaview Apartments

In Queen’s Garden, you’ll enjoy an elegant, top-notch lifestyle that you’d never imagine experiencing in Hong Kong. While natural sunlight floods the living room of your duplex unit, you’ll also enjoy a magnificent harbour view through the high floor-to-ceiling windows.

A wide array of state-of-the-art health, fitness and wellness equipment is available at the Gym and Spa complex; and free daily shuttle bus provides easy access to the Central business district within 10 minutes.

Features

• High ceiling, approximately 15 feet • Split-level living room • Fully fitted kitchen including fridge, dishwasher, microwave oven, Cooker and oven, washer, dryer and water heater • Remote controlled curtain tracks

CLUBHOUSE

Wide array of recreational facilities and other amenities which rank among the best in the world are provided at the Clubhouse for the exquisite pleasures and comfort of all residents. A complete range of wellness leisure activities are provided in Queen's Garden • Outdoor heated swimming pool • Spa & sauna • Barbeque area • Squash courts • Gymnasium

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• Aerobics room • Golf simulator • Function room • Children's playgrounds • Sky garden • Cigar Divan

AmChamHK 8-9 • 2017

Sino Real Estate Agency Limited

The Humphreys 6-6A Humphreys Avenue, Tsim Sha Tsui, Kowloon

Special Features / Amenities The Humphreys offers 20 well-appointed, thoughtfully-crafted one-bedroom or two-bedroom suites. Ensconced in a heart-warming ambience, the suites give you a unique home-living experience.

Right at the heart of Tsim Sha Tsui’s tourist and commercial activities, The Humphreys is merely a one-minute walk from Tsim Sha Tsui Station. Let Hong Kong’s ever efficient transport network takes you to all corners of the city. Visit the landmarks in Tsim Sha Tsui, all within walking distance from The Humphreys. Immerse into local culture, savour culinary delights from around the world, or let the spectacular harbour views take your breath away.

Tel Email Contact Website

(852) 8107 0038 humphreys@sino.com Ivan Lam / Steffie Kwok www.thehumphreys.com.hk

The Paloma Bay 18 Peng Lei Road, Peng Chau

Special Features / Amenities Paloma Bay nestles in the small but peaceful island of Peng Chau. As suggested by its name Paloma, which is derived from ‘Palomus’, the Latin word for dove, a sign of peace, it is a haven of tranquillity and harmonious living amidst the beauty and wonders of nature. A mere 6-minute walk from the Peng Chau ferry pier, 30-minute from the Central Business District or a 10-minute ferry ride from Discovery Bay, Paloma Bay is a dream home for those looking for a retreat from the hustles and bustles of the city. At Paloma Bay, you will be pampered by the rhythmic sea waves, expansive sea view and the beauty of dusk to dawn.

Paloma Bay comprises 2 villas and 26 low-rise blocks of apartments, set amidst beautiful landscaped gardens and heart-warming ambience.

Tel Email Contact Website

(852) 8207 7608 leasingcs@sino.com Robert Leung / Steffie Kwok www.palomabay.com.hk

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Sino Real Estate Agency Limited

The Johnston Suites 74-80 Johnston Road, Wanchai, Hong Kong

Special Features / Amenities Located on Johnston Road in Wan Chai, The Johnston Suites offers you 87 stylish contemporary residences with a complete array of facilities and amenities to cater to your daily need. In an ideal destination to experience the glamour and excitement of Hong Kong, a home at The Johnston Suites is a step into the city’s most celebrated entertainment, shopping and dining venues, and a link to its rich cultural heritage, with the added convenience of Wan Chai MTR station just a stone’s throw away.

Designed for the corporate traveller in mind, this modern serviced apartment tower offers premium comfort with easy access to everything you need for business and pleasure.

Tel Fax Email Contact Website

(852) 3966 0000 (852) 3966 0066 thejohnstonsuites@sino.com Frank Lin / Cynthia Lo www.thejohnstonsuites.com

The Staunton Suites 22 Staunton Street, Central, Hong Kong

Special Features / Amenities Located in the heart of Soho with a 10-minute stroll to Central Station, The Staunton Suites offer 57 elegantly appointed suites that exude warm, urban vibes. Residents will enjoy contemporary home comforts with quality appliances and amenities, in addition to well-appointed facilities encompassing gymnasium, terrace leisure area and business centre services.

Soho is an area rich in culture and heritage, where the past and present collide. Residents of the Staunton Suites will have the privilege to explore and enjoy this lively district on foot, with many key attractions and award-winning restaurants and bars to be found nearby.

Tel Email Contact Website

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(852) 8107 0038 leasingcs@sino.com Frank Lin / Cynthia Lo www.stauntonsuites.com

AmChamHK 8-9 • 2017

The Ventris 20 Ventris Road, Happy Valley, Hong Kong

Special Features / Amenities Located in the prestigious Happy Valley and close to the area’s shops and restaurants, as well as walking distance to the tram station and MTR station, The Ventris is ideally suited for busy people who want to come home to relaxation and delightful surroundings.

The Ventris features one apartment per floor, which allows residents a total feeling of privacy as soon as the lift door opens.

This also give the air of exclysivity and really sensing that you are in your own private space.

Tel Email Contact Website

(852) 8207 7608 leasingcs@sino.com Ivan Lam / Steffie Kwok www.ventris.com.hk

The Camphora 51-52 Haiphong Road, Tsim Sha Tsui, Kowloon

Special Features / Amenities Ideally situated in the historic heart of Tsim Sha Tsui, The Camphora commands a coveted address in one of Hong Kong’s most vibrant retail and commercial precincts. It is a stone’s throw from Tsim Sha Tsui Station and the prime shopping belt of Canton Road while Kowloon Park is right at your doorstep.

Housed in a heritage mansion built in the 1950s and carefully refurbished by Sino Homes, The Camphora blends Hong Kong’s world-famous metropolitan pulses with local heritage amid lush green. Every detail exudes a combination of modern style and local culture.

The Camphora features 9 floors containing 24 residential units in the format of studio units, with selected units with balcony. The fifth floor houses a Clubhouse for our residents while the ground floor is reserved for retail uses, truly integrating life here with the urban landscape of Tsim Sha Tsui.

Tel Email Contact Website

(852) 8207 7608 camphora@sino.com Ivan Lam / Steffie Kwok www.camphora.com.hk

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Swire Properties Pacific Place Apartments Pacific Place, 88 Queensway, HK

Rent Range Gross Area Min. Length of Stay Contact Tel Email Website

HKD$ 84,000 - HK$ 230,000 /month 1,220 - 2,650 sq.ft.

1 month Swire Properties Management Limited Leasing Team (852) 2844 8361 ppapartments@swireproperties.com www.pacificplaceapartments.com.hk

Description

Pacific Place Apartments, comprising 270 fully-serviced suites with generously sized layouts, is set amid one of Hong Kong’s most affluent and vibrant urban lifestyle hubs. A unique choice of breathtaking views is available from the tranquil greenery of Hong Kong Park and The Peak to the iconic city skyline and Victoria Harbour.

• Contemporary suites ranging from 1-bedroom to 3-bedroom • Full access to the health facilities at the adjoining Conrad Hong Kong, including swimming pool and fitness centre • Dedicated concierge services, housekeeping and 24-hour security.

Location

Situated in the Pacific Place complex, it adjoins a world-renowned shopping mall and residents can enjoy direct links to the Admiralty MTR station and various public transport options.

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Swire Properties

Taikoo Place Apartments Taikoo Place, 23 Tong Chong Street, Quarry Bay, Hong Kong

Rent Range Gross Area Min. Length of Stay Contact Tel Email Website

HKD$ 28,000 up/ month 447 – 1,610 sq.ft.

1 month Swire Properties Management Limited Leasing Team (852) 2844 8361 tpapartments@swireproperties.com www.taikooplaceapartments.com

Description

Taikoo Place Apartments brings intelligently designed residences tailored for professionals with discerning tastes. As part of the Taikoo Place complex, it adjoins the fully integrated network of business and entertainment, with Hong Kong Island’s largest shopping destination, Cityplaza.

• Choices of studios, 1- and 2-bedroom suites and elegant penthouses • Exclusive clubhouse equipped with two restorative spas, a stylishly appointed gym, a reading lounge and a landscaped outdoor terrace.

• Housekeeping and 24-hour security.

Location

Located in the heart of Taikoo Place, Taikoo Place Apartments is surrounded by a vibrant fusion of commerce and culture in the waterfront community of Quarry Bay. It is adjacent to two MTR stations, Taikoo and Quarry Bay.

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The Drake No 1 Tsing Lung Road, Tuen Mun, Hong Kong

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Rental Range Size (Saleable) Leasing Agent Leasing Contact Tel Email Website

Apartments: HK$38,500 inclusive up House: HK$95,000 inclusive up Apartments: 1,501 sq. ft. to 3,280 sq. ft.

House: 2,166 sq. ft. to 4,908 sq. ft.

JLL Billy Wong (852) 2846 5777 / (852) 2500 1037 The.Drake@ap.jll.com www.thedrake.hk

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Special Features / Amenities The Drake brings you closer to where you want and need to be.

Located on Hong Kong’s Gold Coast, our modern, comfortable homes are designed to provide the ideal setting for you to enjoy spending those precious moments with the people who truly matter.

The Drake sits within the perfect environment for those who want the freedom to play, space to entertain and feeling of being part of a tight knit community. In addition, your home will have stunning Gold Coast and harbor view, each home is surrounded by numerous treks, trails and beach activities to explore to satisfy your active and adventurous spirit.

Facilities include an indoor swimming pool, gym room, children’s den, function room and covered parking.

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MARK YOUR CALENDAR

Up, Up and Away: Oct 10 The Rise and Rise of HK’s Residential Market Hong Kong's house prices are back at all-time highs, despite the government's efforts to cool the market. What is driving prices higher?

How much further could they climb? And could rising interest rates and increasing supply cause a major correction?

JLL’s report aims to answer those questions and address the affordability of residential real estate in one of the most expensive cities in the world.

Denis Ma leads a team of researchers providing in-depth intelligence of the Hong Kong real estate market. As a designated spokesperson for the firm, he is a regular commentator on the Greater China property sector at investor conferences, in print and on television. He has contributed to articles in the Financial Times, Wall Street Journal and the South China Morning Post, and has appeared on Bloomberg, CNN and TVB Pearl.

Ingrid Cheh is an Associate Director in JLL’s Hong Kong research team, with more than six years of experience in the real estate industry.

Since joining JLL in 2014, she has been responsible for covering the Hong Kong residential sector, carrying out data monitoring, analysis and forecasting of key market trends, as well as authoring JLL's local research reports and publications.

Venue: The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road, Central, HK

Oct 10

Time: 08:00am - 09:30am

Fees: Member: HK$180 Non-member: HK$300

The Changing Face of Energy

• How is the drive for a cleaner and more diversified fuel mix changing the way electricity is generated – what will it look like in the future?

• How can new technology and new thinking lead to more efficient and sustainable outcomes?

• What role will companies in Asia play in the energy transition?

For the answers to these questions and more, hear the latest updates from leading thinker, Justin Wu, Head of Asia-Pacific, Bloomberg New Energy Finance.

Justin Wu has more than a decade of experience analyzing the development of renewable energy in Asia. He is a specialist in Chinese energy and environmental policy, clean energy trade and investment and electricity markets. From 2007 to 2011, he was based in Beijing as a senior analyst covering China’s renewable energy industry. After moving to Hong Kong in 2011, he ran BNEF’s Global Wind Insight service, where he helped developed a number of research products and analysis tools to serve the global wind industry. Since 2015, he became the Head of Asia-Pacific for BNEF, acting as the managing director for the company and responsible for all business development and research activities across the region.

For information, see website: www.amcham.org.hk Tel: (852) 2530 6919 Email: nyu@amcham.org.hk

Venue: The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road, Central, HK

Time: 12:00pm - 01:45pm

Fees: Member: HK$290 Non-member: HK$410

Understanding and Managing Oct 12 the Realities of Geopolitical Risk In an era of unprecedented interconnectedness brought about by initiatives like One Belt One Road, geopolitical and regulatory risks are playing a more important role in business strategy and operational decisions. As risks increasingly move from the frontier to the home front, how should companies assess geopolitical risk when formulating strategy? How can a company maintain integrity in its business dealings while still keeping a competitive edge?

Neal Beatty is a Partner and General Manager of Control Risks’ Hong Kong office. In this role, he is responsible for client relationships in Hong Kong, developing new business with multinational clients, and advising on areas of business risk that impact their operations in Hong Kong, Greater China and the Asia Pacific region.

Neal also consults with clients on issues relating to strategic risk management and crisis preparedness, including restructuring and reputational issues. He has assisted clients dealing with sensitive internal compliance and business continuity issue and regularly conducts crisis management workshops with senior management groups. A fluent Mandarin Chinese speaker, Neal regularly gives presentations to both MNC and Chinese companies on a range of business risk-related issues.

Venue: The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road, Central, HK

Time: 12:00pm - 01:45pm

Fees: Member: HK$290 Non-member: HK$410

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