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Antony Leung Kam-chung
Antony Leung Kam-chung GBS OBE JP (born 29 January 1952 in Hong Kong with family roots in Shunde, Guangdong) is a businessman who served as Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), from 29 May 2001 until his resignation on 16 July 2003. He was embroiled in a financial scandal in early 2003 after it was revealed he had bought an expensive Lexus car shortly before imposing a new car tax, creating a controversy over conflict of interest that earned him the nickname "Lexus Leung" and which ultimately led to his resignation in July of that year. Leung is currently the Chairman of Nan Fung Group and chairman and co-founder of New Frontier Group. Education Leung was educated in Hong Kong. He received his secondary education in Ying Wa College and holds a Bachelor of Social Sciences degree, majoring in economics and statistics, from The University of Hong Kong. During his university studies, he actively participated in student activities and was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liang (surname)
Liang (Romanization used in China, ) is an East Asian surname of Chinese origin. The surname is often transliterated as Leung (in Hong Kong) or Leong (in Macau, Hong Kong, Malaysia, Singapore, and the Philippines) according to its Cantonese and Hakka pronunciation, Neo / Nio / Niu (Hokkien, Teochew, Hainan), or Liong (Foochow). In Indonesia, it is known as Liang or Nio. It is also common in Korea, where it is written Ryang (량) or Yang (양). In Vietnam, it's pronounced as Lương. It is listed 128th in the classic text Hundred Family Surnames. In 2019 it was the 22nd most common surname in Mainland China. In comparison, it is the 7th most common surname in Hong Kong, where it is usually written Leung or Leong. History During the reign of the Zhou dynasty King Xuan of Zhou (827–782 bc), Qin Zhong set out on an expedition to subdue the peoples to the west in Central Asia. After Qin Zhong died, the King divided the area of Shang among them, the second son of Qin Zhong rece ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populated city proper. Manila is considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC). It was the first chartered city in the country, designated as such by the Philippine Commission Act 183 of July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Spanish Americas through the galleon trade; when this was accomplished, it marked the first time in world history that an uninterrupted chain of trade routes circling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Community Chest (Hong Kong Organisation)
The Community Chest of Hong Kong () is an independent, nonprofit organization established on 8 November 1968 in Hong Kong. As one of the most important charities in Hong Kong, The Community Chest serves as an umbrella organization to provide grants to a wide range of community projects. Vision The goal of The Community Chest is to work for the betterment of Hong Kong through the support by millions and to build a caring society through greater participation and giving by the Hong Kong community. Mission The mission statements of the Community Chest are: * to obtain donations through community wide appeals on behalf of member social welfare agencies; * to act as trustee of the donors and allocate funds raised prudently to member agencies to strengthen and maximize their services to the needy; * to provide an integrated service for donors wishing to support a wide range of welfare services in Hong Kong. Administration The Community Chest is governed by a Board. Under the Board, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Principal Officials Accountability System
Principal Officials Accountability System, commonly referred to as the Ministerial system (), sometimes the Accountability System, was introduced in Hong Kong by chief executive Tung Chee Hwa in July 2002. It is a system whereby all principal officials, including the Chief Secretary, Financial Secretary, Secretary for Justice and head of government bureaux would no longer be politically neutral career civil servants. Instead, they would all be political appointees chosen by the chief executive. Under the new system, all heads of bureaux would become ministers, members of the Executive Council, a refashioned cabinet. They would report directly to the chief executive instead of the Chief Secretary or the Financial Secretary. POAS was portrayed as the key to solving previous administrative problems, notably the lack of co-operation of high-ranking civil servants with the chief executive. The changes were introduced by Tung at the beginning of his second term, with the hope of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lexus LS
The is a full-size luxury sedan (F-segment in Europe) serving as the flagship model of Lexus, the luxury division of Toyota. For the first four generations, all LS models featured V8 engines and were predominantly rear-wheel-drive. In the fourth generation, Lexus offered all-wheel-drive, hybrid, and long-wheelbase variants. The fifth generation changed to using a V6 engine with no V8 option, and only one length was offered. As the first model developed by Lexus, the LS 400 debuted in January 1989 with the second generation debuting in November 1994. The LS 430 debuted in January 2000 and the LS 460/LS 460 L series in 2006. A domestic-market version of the LS 400 and LS 430, badged as , was sold in Japan until the Lexus marque was introduced there in 2006. In 2006 (for the 2007 model year), the fourth generation LS 460 debuted the first production eight-speed automatic transmission and an automatic parking system. In 2007, V8 hybrid powertrains were introduced on the LS 600h/LS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mainland And Hong Kong Closer Economic Partnership Arrangement
The Mainland and Hong Kong Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement (CEPA) for short, is an economic agreement between the Government of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic of China, signed on 29 June 2003. A similar agreement, known as the Mainland and Macau Closer Economic Partnership Arrangement, was signed between the Government of the Macau Special Administrative Region and the Central People's Government on 18 October 2003. Regular supplements have been signed between the Mainland and Hong Kong governments, including Supplement VIII (also referred to as CEPA VIII), which was signed on 13 December 2011 and implemented from 1 April 2012. The most recent supplement, Supplement X, was signed on 29 August 2013. The two agreements and additional supplements were signed in the Chinese language; the Chinese text is therefore the authoritative text. The Hong Kong governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rolling Stones
The Rolling Stones are an English Rock music, rock band formed in London in 1962. Active for six decades, they are one of the most popular and enduring bands of the album era, rock era. In the early 1960s, the Rolling Stones pioneered the gritty, rhythmically driven sound that came to define hard rock. Their first stable line-up consisted of vocalist Mick Jagger, multi-instrumentalist Brian Jones, guitarist Keith Richards, bassist Bill Wyman, and drummer Charlie Watts. During their formative years, Jones was the primary leader: he assembled the band, named it, and drove their sound and image. After Andrew Loog Oldham became the group's manager in 1963, he encouraged them to write their own songs. Jagger–Richards, Jagger and Richards became the primary creative force behind the band, alienating Jones, who had developed a drug addiction that interfered with his ability to contribute meaningfully. Rooted in blues and early rock and roll, the Rolling Stones started out playing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny Stock
Penny stocks are common shares of small public companies that trade for less than one dollar per share. The U.S. Securities and Exchange Commission (SEC) uses the term "Penny stock" to refer to a security, a financial instrument which represents a given financial value, issued by small public companies that trade at less than $5 per share. Penny stocks are priced over-the-counter, rather than on the trading floor. The term "penny stock" refers to shares that, prior to the SEC's reclassification, traded for "pennies on the dollar". In 1934, when the United States government passed the Securities Exchange Act to regulate any and all transactions of securities between parties which are "not the original issuer", the SEC at the time disclosed that equity securities which trade for less than $5 per share could not be listed on any national stock exchange or index. Trade Over-the-counter exchanges that list penny stocks include the OTC Bulletin Board (which is a facility of FINRA) or OTC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) is Hong Kong's central bank, central banking institution. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged. The organisation reports directly to the Financial Secretary (Hong Kong), Financial Secretary. Responsibilities The exchange fund was established and managed originally by the Currency Ordinance in 1935, now named the Exchange Fund Ordinance. Under the Ordinance, the HKMA's primary objective is to ensure the stability of the Hong Kong currency, and the banking system. It is also responsible for promoting the efficiency, integrity and development of the financial system.Noel FungGovernment power over Exchange Fund's stability role under review, The Standard (Hong Kong), The Standard, 18 November 1997 The HKMA issues Banknotes of the Hong Kong dollar, banknotes only in the denomination of ten Hong Kong dollars. The role of issuing other bankn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Dollar
The Hong Kong dollar (, currency symbol, sign: HK$; ISO 4217, code: HKD) is the official currency of the Hong Kong, Hong Kong Special Administrative Region. It is subdivided into 100 cent (currency), cents or 1000 Mill (currency), mils. The Hong Kong Monetary Authority is the central bank, monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, The Hongkong and Shanghai Banking Corporation, HSBC, Bank of China (Hong Kong), Bank of China, and Standard Chartered Hong Kong, Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth Template:Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Ownership Scheme
The Home Ownership Scheme (HOS) is a subsidised-sale public housing programme managed by the Hong Kong Housing Authority. It was instituted in the late 1970s as part of the government policy for public housing with two aims – to encourage better-off tenants of rental flats to vacate those flats for re-allocation to families in greater housing need; and also to provide an opportunity for home ownership to families unable to afford to buy in the private sector. Under the scheme, the government sells flats to eligible public housing tenants and to lower-income residents at prices below the market level, with discounts usually between 30 and 40 per cent. It restricts resale of the units in the second-hand market to other families who qualify or, on the open market, after payment of a premium equal to the updated value of the discount given on the original purchase. As an ancillary scheme, the Housing Authority also entered into arrangements with local private developers to provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legislative Council Of Hong Kong
The Legislative Council of the Hong Kong Special Administrative Region (LegCo) is the unicameral legislature of Hong Kong. It sits under China's " one country, two systems" constitutional arrangement, and is the power centre of Hong Kong's hybrid representative democracy. The functions of the Legislative Council are to enact, amend or repeal laws; examine and approve budgets, taxation and public expenditure; and raise questions on the work of the government. In addition, the Legislative Council also has the power to endorse the appointment and removal of the judges of the Court of Final Appeal and the Chief Judge of the High Court, as well as the power to impeach the Chief Executive of Hong Kong. Following the 2019–2020 Hong Kong protests, the National People's Congress disqualified several opposition councilors and initiated electoral overhaul in 2021. The current Legislative Council consists of three groups of constituencies—geographical constituencies (GCs), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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