No.4  April, 2017  
   
5th term Chief Executive election
Mrs Carrie Lam was elected the fifth-term Chief Executive of the Hong Kong Special Administrative Region on 26 March. Speaking after being elected, Mrs Lam pledged to start a new chapter for Hong Kong by forming an administration that would work with the public to create a better society. She said her priority would be to address the divisiveness and accumulated frustrations the community had recently been suffering from, adding that she would man her administrative team with the best talent, regardless of their political views. She also pledged to do her utmost to uphold “one country, two systems” and safeguard Hong Kong’s core values. Mrs Lam will begin her term on 1 July. Read more here.
     
Hong Kong joins Asian Infrastructure Investment Bank
Hong Kong will join another 12 countries and regions to be a member of the Asian Infrastructure Investment Bank (AIIB) upon deposit of the first installment of capital subscription with the bank. Financial Secretary Mr Paul Chan said Hong Kong’s professional services and financial services sectors could contribute to the success of the AIIB and Hong Kong’s participation could also create new opportunities for the relevant sectors, and further reinforce the city’s position as a premier international financial centre. AIIB is a Multinational Development Bank designed to provide financial support for infrastructure development and regional connectivity in Asia. Learn more about AIIB here.
     
  Hong Kong participates in Boao Forum for Asia Annual Conference 2017
Boao Forum for Asia Annual Conference 2017 was held in Boao, Hainan Province, China from 23 to 26 March. The theme of the conference was “Globalization & Free Trade: The Asian Perspectives”. Chief Executive CY Leung and Financial Secretary Paul Chan attended the conference and spoke at the Hong Kong sub-forum “Globalization & Free Trade: The Hong Kong Experiences and Perspective”. This year’s forum attracted nearly 2000 people from 48 countries and regions to participate, including representatives of the governments, scholars and business representatives around the world. Read more about the forum here.
 
     
  Credit Suisse Asian Investment Conference 2017
The Credit Suisse 20th Annual Asian Investment Conference was held in Hong Kong from 27 to 30 March. Attended by prominent political, economic, financial and academic figures from more than 300 corporations, the conference this year attracted 2,500 institutional and hedge fund investors as well as high-net-worth individuals and business leaders to share ideas and advice during the four days’ event. Read more about the conference here.
 
     
  Experts gather at internet Economy Summit
Leading experts and practitioners from around the world gathered at the Internet Economy Summit, running at the Hong Kong Convention and Exhibition Centre between 10 and 12 April. In addition to the main forum which brought to the audience strategies and macro view on the global trend and development, there were special forums focusing on FinTech, Big Data, Smart City and e-Commerce. Read more about the event here
 
     
  Hong Kong Sevens features world’s top teams
Since its kick-off in 1976 as a vehicle to boost rugby’s presence in Asia, Hong Kong Sevens has grown into one of the biggest rugby events on the international sporting calendar. This year, as one of the events to celebrate the 20th Anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR), Hong Kong Sevens was successfully held during 7 to 9 April at the Hong Kong Stadium with 40 teams around the world participating in 73 matches. With no exception from the previous Hong Kong Sevens, the city’s weekend turned into a big carnival with non-stop entertainments as well as live music performance. Read more here.
 
     
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