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Author Archives: hksar gov

Red tide sighted

     A red tide was sighted over the past week, an inter-departmental red tide working group reported today (April 26).
 
     The red tide was spotted by staff of the Leisure and Cultural Services Department on April 19 at Silver Mine Bay Beach, Lantau Island.
 
     The red tide has dissipated and no associated death of fish has been reported.
 
     A spokesman for the working group said, “The red tide was formed by Noctiluca scintillans, which is commonly found in Hong Kong waters and is non-toxic.”
 
     The Agriculture, Fisheries and Conservation Department (AFCD) urged mariculturists at Cheung Sha Wan fish culture zone to monitor the situation closely and increase aeration where necessary.
 
     Red tide is a natural phenomenon. The AFCD’s proactive phytoplankton monitoring programme will continue monitoring red tide occurrences to minimise the impact on the mariculture industry and the public. read more

Appointments to SFC Advisory Committee

     The Government announced today (April 26) that the Financial Secretary, Mr Paul Chan, under the authority delegated by the Chief Executive, has appointed five new members and re-appointed seven serving members to the Advisory Committee of the Securities and Futures Commission (SFC). All appointments are for a term of two years, from June 1, 2019, to May 31, 2021.
 
     The membership of the SFC Advisory Committee of the new term is as follows –
 
New appointees
——————
Mr Freeman Chan Yuk-sing
Ms Winnie Pun Wing-nin
Ms June Wong Wai-man
Ms Catherine Yien Yu-yu
Mr Yim Lok-kui
 
Re-appointed members
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Professor Chan Ka-lok
Mr Jeffrey Chan
Ms Ding Chen
Mr David Graham
Mrs Ann Kung Yeung Yun-chi
Dr Tan Yue-heng
Mr Yin Ke
 
     A government spokesman said, “The Advisory Committee of the SFC comprises practitioners from different professions. They possess operational experience and professional knowledge about the financial markets. We are confident that they will provide independent and professional advice to the SFC on matters related to the SFC’s policy and market regulation.”
 
     The spokesman also paid tribute to the outgoing members, namely Dr Au King-lun, Ms Prudence Ann Bennett, Ms Wei Sun Christianson, Mr Mark Graham Shipman and Mr Richard David Winter, for their valuable contribution.
 
     The Advisory Committee of the SFC was established under Section 7 of the Securities and Futures Ordinance to advise the SFC on policy matters regarding its regulatory objectives and functions.
 
     In addition to the 12 appointed members, the Advisory Committee of the SFC comprises the Chairman, Chief Executive Officer and two Executive Directors of the SFC. read more