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Peter Woo
Peter Woo Kwong-ching, GBM, GBS, JP (; born September 5, 1946) is a Hong Kong billionaire businessman. He was the chairman of Wheelock and Company Limited ()and The Wharf Holdings Limited () until 19 May 2015. As of April 2021, his net worth is estimated to be $14 billion. Education Woo was born in Shanghai in 1946 with ancestral roots in Ningbo, Zhejiang, and moved to Hong Kong in 1949. He was educated at St Stephen's College, a Direct Subsidy Scheme privately owned but government-funded boarding school (which is also Hong Kong's largest secondary school), in the town of Stanley, and went on to attain his bachelor's degree from the University of Cincinnati, US, majoring in physics. While a student, Woo was senior class president, and became a member of Delta Tau Delta fraternity, an endeavor he is still involved in today. He later obtained an MBA from Columbia Business School in New York, US. Life and career After graduating, Woo worked at Chase Manhattan Bank in New York ...
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Wu (surname)
''Wú'' is the pinyin transliteration of the Chinese surname wikt:吳, 吳 (Simplified Chinese wikt:吴, 吴), which is a common surname (family name) in Mainland China. Wú (吳) is the sixth name listed in the Song Dynasty Chinese classics, classic ''Hundred Family Surnames''. In 2019 Wu was the ninth most common surname in Mainland China. A 2013 study found that it was the eighth most common surname, shared by 26,800,000 people or 2.000% of the population, with the province having the most being Guangdong. The Cantonese and Hakka language, Hakka transliteration of 吳 is Ng (surname), Ng, a syllable made entirely of a nasal consonant while the Min Nan transliteration of 吳 is Ngo, Ngoh, Ngov, Goh, Go, Gouw, depending on the regional variations in Min Nan pronunciation. Shanghainese transliteration of 吳 is Woo. 吳 is also one of the most common surnames in Korea. It is spelled O (surname), 오 in Hangul and romanized O by the three major romanization systems, but more commo ...
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Direct Subsidy Scheme
The Direct Subsidy Scheme (DSS) is instituted by the Education Bureau of Hong Kong to enhance the quality of private schools at the primary and secondary levels. The Hong Kong government has been encouraging non-government secondary schools which have attained a sufficiently high educational standard to join the DSS by providing subsidies to enhance the quality of private school education since the 1991–92 school year. In the 2000–01 school year, the DSS was extended to primary schools. In the 2001–02 school year, the terms of the DSS were significantly improved to attract more schools to join the scheme. Under the scheme, schools are free to decide on their curriculum, fees, and entrance requirements. Standard Non-government schools must satisfy stipulated standards to be eligible to join the scheme. The standards include requirements regarding the mode of operation (unisessional), class size, teacher's qualifications and facilities etc. For example, schools need a per ...
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Hong Kong Trade Development Council
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong's businesses. The organisation has 50 offices around the world, including 13 on the Chinese mainland. With more than 50 years of experience, its mission is to explore opportunities for Hong Kong companies, especially small and medium-sized enterprises (SMEs), and connect them with business partners around the world. Governance The HKTDC is governed by a 19-member Council of Hong Kong business leaders and senior government officials. It plans and supervises the organisation's global operations, services and promotional activities. The Council also oversees the operation of the Hong Kong Convention and Exhibition Centre. Dr Peter K N Lam is the tenth HKTDC chairman since the Council's establishment. He started his term as chairman on 1 June 2019. On 1 October 2014, Margaret Fong succeeded Fred Lam as the Execu ...
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Hong Kong Hospital Authority
The Hospital Authority is a statutory body managing all the government hospitals and institutes in Hong Kong. It is under the governance of its board and is under the monitor of the Secretary for Food and Health of the Hong Kong Government. Its chairman is Henry Fan. History Before the establishment of the authority, all health and medical issues were under the management of the Medical and Health Department. In 1990, a new health administration system was introduced as part of the 1989 reforms. The establishment of the Authority served to rebuild state capacity amid the emergence of party politics in Hong Kong. The department became the Department of Health and in 1991, the management of all the public hospitals was passed to a new statutory body, the Hospital Authority, which was established on 1 December 1990 under the Hospital Authority Ordinance. In 2003, the General Outpatient Clinics of Department of Health were transferred to the authority. Hospital clusters ...
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Hong Kong Polytechnic University
The Hong Kong Polytechnic University (PolyU) is a public research university located in Hung Hom, Hong Kong near Hung Hom station. The University is one of the eight government-funded degree-granting tertiary institutions in Hong Kong. Founded in 1937 as the first Government Trade School, it is the first institution to provide technical education in Hong Kong. In 1994, the Legislative Council of Hong Kong passed a bill which granted the former Hong Kong Polytechnic official university status. PolyU consists of 8 faculties and schools, offering programmes covering applied science, business, construction, environment, engineering, social science, health, humanities, design, hotel and tourism management. The university offers over 160 taught programmes for more than 25,800 students every year. It is the largest public tertiary institution in terms of number of students. As of 2022-23, PolyU ranks 79th worldwide by THE, 65th internationally by QS, 100th in US News and 151~200th ...
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Chinese People’s Political Consultative Conference
The Chinese People's Political Consultative Conference (CPPCC, zh, 中国人民政治协商会议), also known as the People's PCC (, ) or simply the PCC (), is a political advisory body in the People's Republic of China and a central part of the Chinese Communist Party (CCP)'s United Front system. Its members advise and put proposals for political and social issues to government bodies. However, the CPPCC is a body without real legislative power. While consultation does take place, it is supervised and directed by the CCP. The body traditionally consists of delegates from the CCP and its front organizations, eight legally-permitted political parties subservient to the CCP, as well as nominally independent members. The CPPCC is chaired by a member of the Politburo Standing Committee of the Chinese Communist Party. In keeping with the United Front strategy, prominent non-CCP members have been included among the Vice Chairs, examples being Chen Shutong, Li Jishen and Soong Chin ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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Lane Crawford
Lane Crawford (HK) Limited () is a retail company founded in 1850 with speciality department stores selling luxury goods in Hong Kong and Mainland China. Its headquarters are in , Wong Chuk Hang. Lane Crawford is a part of The Lane Crawford Joyce Group, a fashion retail and brand management group in Asia, which also includes fashion store Joyce Boutique, fashion footwear, handbags and accessories specialist Pedder Group and retail, brand management and distribution company ImagineX. History Early history In August 1850, two Scots, Thomas Ash Lane and Ninian Crawford opened a shop in a makeshift bamboo structure on the waterfront of what is now Des Voeux Road. Since that time, Lane Crawford has occupied a number of prime retail sites along Des Voeux Road and Queen's Road Central; in the early 1900s, it also had stores in Guangzhou and Shanghai in China, and Kobe and Tokyo in Japan. It has been a tailor, and outfitter, a draper, a provisions dealer, a wine and spirits merchant ...
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Marco Polo Hotels Group
Marco Polo Hotels () is a hotel management company based in Hong Kong that operates hotels in Hong Kong, Mainland China and the Philippines. It is a wholly owned subsidiary of Wharf (Holdings) Limited. The company's chairman is chairman and managing director of Wharf (Holdings) Limited. History Wharf's first hotel venture was the Hong Kong Hotel (not to be confused with the much earlier Hongkong Hotel), opened in 1970, which was a joint venture with Hongkong Land, Hui Sai-fun and Chung Ming-fai. The hotel was built on land immediately adjacent to Wharf's Kowloon Wharf & Godown Co. Ltd property along the western shore of the Tsim Sha Tsui promontory. In 1982, Wharf completed redevelopment of its site as the Harbour City (Hong Kong) complex and opened its first wholly owned hotel there that year, the 440-room Marco Polo Hotel (later renamed Omni Marco Polo and finally Gateway). In 1984, the 393-room Prince Hotel (a reincarnation of the unrelated hotel situated on the corner o ...
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Harbour City (Hong Kong)
Harbour City is a shopping centre in Tsim Sha Tsui, Kowloon, Hong Kong. It occupies the lower levels of a series of office blocks and hotels, comprising several parts: Marco Polo Hotels, Ocean Terminal, Ocean Centre, the Gateway and the Pacific Club Kowloon. The complex is located along the west side of Canton Road, stretching from Star House and the Star Ferry Pier in the south to China Hong Kong City in the north. Harbour City is the largest shopping center in Hong Kong. It is developed and owned by The Wharf (Holdings) Limited group. The mall covers an area of approximately 2 million square feet, including 70 restaurants, 1 large cinema, an art gallery, observation deck and about 450 retail stores. The office portion of Harbour City covers an area of 4.6 million square feet spread across 10 commercial buildings. The total area of the complex is 8.41 million square feet, which includes three luxury hotels, a 500-room serviced apartment (Gateway Apartments), a private clu ...
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